Think Rich Pinoy Seminar on May 15, 2010

by Jay Castillo April 12, 2010 Real Estate Seminars 5 comments

Another quarter has passed and the next Think Rich Pinoy Seminar is almost here, how time flies! The next Think Rich Pinoy Seminar  will be be held on May 15, 2010, Saturday, at the PhilamLife Building, Manila, Philippines. Special mention goes to Erwin who texted me and asked about the schedule of the next seminar, [...]

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AMA Bank repossessed cars for sealed bidding on April 14, 2010

by Jay Castillo April 8, 2010 AMA Bank 9 comments

I recently found this listing of AMA Bank repossessed cars for sale. What struck me was this list of of repossessed cars includes cars with a minimum bid price of  Php50K, which is very cheap, considering that one of these is a 1996 Volvo 960 with automatic transmission. Of course, there must be an underlying [...]

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First ever Think Rich Quick Seminar recap

by Jay Castillo April 6, 2010 Real Estate Seminars 3 comments

I am featuring here a recap on the first ever Think Rich Quick Seminar by Trace Trajano which was held last March 27, 2010. I was supposed make my own post about the Think Rich Quick Seminar but DJ already created one so I might as well feature it here and just add some of [...]

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Public sealed bidding of prime properties of Philippine National Bank on April 8, 2010

by Jay Castillo April 6, 2010 Philippine National Bank 1 comment

The Philippine National Bank Special Assets Management Sector or PNB-SAMS shall be having another public sealed bidding of their prime properties on April 8, 2010, Thursday, at the 9th Floor, PNB Financial center, President Diosdado Macapagal Blvd., Pasay City. The bidding promptly starts at 9:00AM. Take a sneak peak at just some of the properties [...]

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Holy Week Reflections: Thoughts on “The Purpose Driven Life”

by Cherry Castillo April 2, 2010 Reflections of a real estate investor 9 comments

A post by Cherry Castillo “Many are the plans in a man’s heart, but it is the Lord’s purpose that prevails.” – Proverbs 19:21 (NIV) One of the things I like about long weekends is that I have the chance to read books for pleasure. I had thought before that law school has effectively killed [...]

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How to turn listings of foreclosed properties into opportunities

by Jay Castillo March 31, 2010 Real Estate Investing 27 comments

“If only it were this easy in real life!” , a Think Rich Pinoy Seminar attendee exclaimed after buying his fifth property while playing Robert Kiyosaki‘s Cashflow 101 game. I heard him say this as I helped facilitate the Cashflow 101 game at their table during the afternoon session of the Think Rich Pinoy seminar [...]

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Professional Regulatory Board of Real Estate Service (PRBRES) to be inducted today

by Jay Castillo March 26, 2010 RA 9646 - RESA Law 10 comments

After months of uncertainty, there is finally hope that the implementing rules and regulations or IRR of the Real Estate Service Act (RESA) will finally be drafted once the charter members of the board and chairman of the Professional Regulatory Board of Real Estate Service or PRBRES are inducted today, March 26, 2010, as reported [...]

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Foreclosure auction of tax delinquent real property in Quezon City slated on April 6, 2010

by Jay Castillo March 25, 2010 Property Tax Sale 21 comments

There will be another foreclosure auction sale of tax delinquent real properties in Quezon City on April 6, 2010, at 10:00am, at the main entrance of the Tax Payer’s Lounge, Quezon City Hall, Diliman, Quezon City. The sale through public auction is to be done by virtue of the provisions of Section 260 and 263 [...]

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Sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991

by Jay Castillo March 25, 2010 Property Tax Sale 6 comments

Notices for the foreclosure sale of tax delinquent properties in the Philippines always indicate that the sale or auction is being done by virtue of sections 260 and 263 of RA 7160 otherwise known as the Local Government Code of 1991. Rather than include sections 260 and 263 of RA 7160 with every notice of [...]

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"HOT HOT AUCTION" of foreclosed properties slated on March 27, 2010

by Jay Castillo March 23, 2010 Property Forum 6 comments

The “HOT HOT AUCTION” of foreclosed properties shall be happening on March 27, 2010, at the Max’s Restaurant, Jupiter St., Bel Air 1, Makati City, Philippines. registration starts at 8:00am and the auction proper starts at 9:00am. Foreclosed properties can be purchased for as little as 10% Downpayment, for as low as 12% interest p.a. [...]

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