Real estate

If you are planning to venture into real estate investing, and have done some research, I’m quite sure you have already encountered the phrase “Due Diligence” many times over. I believe it even became a buzzword of sorts last year because some people I know reminded others to always do their due diligence, pretty much [...]

What is a mentor? A mentor is someone who teaches or gives help and advice to a less experienced and often younger person.[1] Having a mentor is very important when you are serious about real estate investing, or about learning any topic. You have to be careful though, and make sure that you get advice [...]

You are all invited to the next Think Rich Pinoy wealth seminar this Saturday, August 27, 2011, 8am to 6pm, at the L/G Skyland Plaza Bldg. Sen. Gil Puyat Avenue, Makati City. The venue is very near the Makati Post Office. If you want to learn from Larry Gamboa and the Think Rich Pinoy Team who [...]

4 tips when negotiating with banks

by ronaldcagape on August 3, 2011 · 2 comments

in Real Estate Investing

This is a guest post by Ronald Cagape of Living Cashflow 101. Negotiating with banks for their foreclosed assets can be scary and intimidating when you haven’t done it. We always have this image in our mind that bankers are snobbish people who look at you from head to toe and make a quick evaluation [...]

This is a guest post by Angie Espiritu of Filben Realty The term “real estate bubble” sends shivers to many spines because of the fairly recent sub-prime bubble that happened in the United States. Stripping the word of all its technicalities, a real estate bubble is simply about spiraling prices and disappearing buyers, leaving some [...]

This is a guest post by Ronald Cagape of LivingCasflow101.com The RESA law is a comprehensive law intended to professionalize the ranks of real estate service providers – brokers, agents, appraisers, assessors and consultants. However, this law has cast some doubt on the practice of buying and selling real estate. Let me share with you [...]

This is the first part of a two part series. You can find part 2 here: How to find opportunities and get started with real estate investing with the “Matthew Effect” (Part 2) I first learned about the “Matthew Effect” when I read the book “Outliers: The Story of Success” by Malcolm Gladwell. In his [...]

UnionBank will be having their 161st special public auction of foreclosed properties on November 27, 2010, at Conference Room No. 3, 28th floor, UnionBank Plaza, Meralco Avenue corner Onyx Road, Ortigas Center, Pasig City, Philippines. *Updated November 17, 2010 –  Click here for pictures of the UnionBank foreclosed properties for sale.

I would like to share this update dated June 2, 2011 – After much thought, I have decided to leave Trace Trajano‘s local coaching program and my role as one of the local coaches. I would also like to inform everyone that I am not part of Trace’s other programs. For those who don’t know, I [...]

If yes, then this seminar might be for you. My friend Tyrone of MillionaireActs.com sent me details of this seminar of his officemate Ray Alejandrino and thought of sharing it here for those who might be interested. One thing I like about this seminar is it includes investing in a Real Estate Investment Trust (REIT) as [...]

In a recent post where I tackled the frequently asked question: “Are foreclosed properties good deals?”, I mentioned that financial literacy is a prerequisite to real estate investing, and with good reason. I believe that the lack of financial literacy will certainly lead to financial failure! Sometimes we need to fail but not like this! [...]

It depends! Obviously not all foreclosed properties are good deals. It’s common sense that not all properties are good investments, foreclosed or otherwise, you don’t need to be a real estate investing guru to know this. However, based on the number of times I’ve either heard people ask or get asked this very same question, [...]