Foreclosure Investing Philippines turns 2 years old!

by Jay Castillo November 2, 2010 Site Updates 20 comments

Dear Foreclosure Investing Philippines Friends, Foreclosure Investing Philippines (FIP) has just turned 2 years old last October 31, 2010, and I would like to thank all of you for your awesome support for FIP… Thank you!!!

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BDO foreclosed properties for sale in Metro Manila updated as of October 20, 2010

by Jay Castillo October 29, 2010 Banco De Oro 43 comments

Here is a listing of Banco De Oro or BDO foreclosed properties, updated as of October 20, 2010. This particular listing includes BDO foreclosed properties for sale located within Metro Manila. If you are interested in any of the properties and need more details, please leave a comment below so I can refer you to [...]

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Bank foreclosed cars for sale from RCBC and UCPB

by Jay Castillo October 27, 2010 RCBC Savings Bank 4 comments

It’s been a long time since I last posted a list of bank foreclosed cars for sale (also referred to as repossessed cars), and I hope this listing will not disappoint those who are looking for cheap second hand cars. I have here 2 listings of bank repossessed cars and these are from RCBC Savings Bank and [...]

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RCBC Savings Bank foreclosed properties auction slated on November 13, 2010

by Jay Castillo October 26, 2010 Bank Foreclosed Properties 8 comments

RCBC Savings Bank will be having another RCBC Dream Buys Auction of foreclosed properties on November 13, 2010, Saturday, 9:00am, at the L.S. Virata Hall, 2nd Floor, Development Academy of the Philippines, San Miguel Avenue, Pasig City, Philippines.

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Luzon properties for sale: Buena Mano Q4-2010 Luzon catalogue

by Jay Castillo October 21, 2010 Bank Foreclosed Properties 6 comments

If you are looking for real estate investor leads for properties located in Luzon, then this bank acquired assets listing from Buena Mano just might be what you are looking for. As promised when I posted the Metro Manila foreclosed property listing, here is the Buena Mano Q4-2010 Luzon catalogue of bank acquired assets for sale.

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Buena Mano Q4-2010 Greater Metro Manila Catalogue now available

by Jay Castillo October 19, 2010 Bank Foreclosed Properties 4 comments

The Buena Mano Q4-2010 Greater Metro Manila Catalogue is now available. This catalogue combines Buena Mano properties for sale that are Prime Properties (with a selling price above Php10 Million), and SuperValue Properties (with a selling price of Php10 Million and below). The properties are color coded according to their property classification, which include Green [...]

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How to compute for Net Operating Income or NOI and find good investment properties

by Jay Castillo October 18, 2010 How to do the Numbers 10 comments

In my previous posts about Maximum Allowable Offer (MAO), After Repair Value (ARV), and Cost Factor (CF), we determined these numbers for properties that we intended to flip for a profit. This time around let’s determine another number that is more applicable to income generating properties like multi-door apartments, which are obviously better kept for [...]

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Real Estate Brokers Exam moved to March 27, 2011?

by Jay Castillo October 16, 2010 RA 9646 - RESA Law 30 comments

*Update – The March 2011 real estate board exams results have been released! I just hope this does not become a regular thing. I recently received information from very reliable sources that the Real Estate Brokers Exam that was rescheduled for February 5, 2011, has again been rescheduled to March 27, 2011. This is already [...]

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Amendments to the IRR of the REIT Act of 2009 proposed by the BIR

by Jay Castillo October 13, 2010 RA 9856 - REIT Act of 2009 4 comments

A notice with regard to the proposed amendments to the Implementing Rules and Regulations or IRR of Republic Act 9856, otherwise known as the “Real Estate Investment Trust (REIT) Act of 2009″ has been posted recently in the SEC website. This more or less confirms that the Secretary of the Department of Finance (DOF) Mr. [...]

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2 foreclosed real estate listings from UnionBank

by Jay Castillo October 11, 2010 Bank Foreclosed Properties 4 comments

Here are 2 foreclosed real estate listings from Unionbank which I got recently, courtesy of Mr. Lance Yadao, Asset Recovery Officer from UnionBank. The first listing includes properties for sale at their upcoming 160th Special Public Auction, and the second is the listing of foreclosed real estate they made available to attendees of the 2010 [...]

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