income generating properties

FIP’s best of 2010 to help you get started in 2011

by Jay Castillo on January 6, 2011 · 8 comments

in Financial freedom, Financial literacy, Real Estate Investing

*I have turned this into a sticky post for new visitors. I was supposed to finish writing my “Goodbye and thank you to 2010, Hello 2011…” post, but ended up with this list of the best “How to” articles from Foreclosure Investing Philippines during the year that passed. After all, FIP is so much more [...]

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

by Jay Castillo on October 18, 2010 · 10 comments

in How to do the Numbers, Real Estate Investing

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 [...]

Time to outsource my title transfer

by Jay Castillo on May 14, 2010 · 89 comments

in Lessons learned, Real Estate Investing

I have been so busy lately with the title transfer of a foreclosed property that I purchased and I realized that it would be better if I just outsourced the title transfer to someone else. The amount of time that I have already allocated for this could have been put to better use finding more [...]

The importance of time freedom, one example why I want to be financially free

by Jay Castillo on December 18, 2009 · 26 comments

in Real Estate Investing, Reflections of a real estate investor

During our lunch break at the office yesterday, I begged off from doing something which I have dreaded for the past 12 years in the corporate world, Christmas party presentations! You might be asking what the heck does this have to do with investing in foreclosures in the Philippines? Read on to find out.