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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.
lease option
*The full text of The Rent Control Act of 2009 can be found here. Republic Act (RA) No. 9653, also known as the Rent Control Act of 2009, was signed into law by President Gloria Macapagal-Arroyo at the Rizal Ceremonial Hall last Tuesday, July 14, 2009, and exempts rent-to-own agreements from its coverage. Incoming search terms: rent [...]
As promised, I am sharing a sample Rent-To-Own contract specifically for use here in the Philippines. A Rent-To-Own contract is more correctly referred to as a Contract of Lease with Option to Purchase or CLOP.This is similar to lease option contracts used in other countries like the US. Incoming search terms: rent to own contract [...]
I recently got a comment in my post How To Easily Calculate The Return-On-Investment (ROI) For Rental Properties and as I mentioned in my reply to the comment, this question deserved an entire post so I can answer it in greater detail. For everybody’s reference, I have reprinted the question below: Incoming search terms: is [...]
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