Don't make these mistakes when buying a house in the Philippines

🎁 Avoid problematic foreclosed properties with this free Due Diligence Checklist: https://foreclosurephilippines.systeme.io/

Buying a house in the Philippines can either be a good investment or one thing you'll regret for the rest of your life. Here are lessons learned and tips to help you with buying your first home without regrets.

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===Timestamps===
00:00 Intro - Why you should not buy a home until you plan accordingly
00:36 Why buying a home can either be the best investment or worst decision you'll regret
01:05 Example of a bad home purchase
02:10 Why you need to look at many houses before buying
03:07 We didn't check market values/rental rates - huge mistakes!
04:43 We didn't check if it was a flood-prone area
05:10 It was a bad deal w/c could have been avoided!
05:52 How you can get flooded in debt
06:33 Getting stuck in the "Rat Race"
06:57 Ending up in foreclosure
07:11 Reasons to invest in real estate
07:20 Real estate is a basic need - Maslow's hierarchy of needs
08:00 Demand will increase because when the population increases
08:13 Real estate supply is limited
08:57 Real estate advantages over other assets
09:13 Leverage
10:05 Control
11:17 Income replacement
12:53 Liquidity
13:34 Why you need to diversify
13:56 Ways to make money in real estate
14:01 Flipping (buy and sell)
14:06 Rentals
14:20 Rent-to-own
14:47 Build-and-sell
15:14 AirBnB
15:52 Recap and summary
16:50 Additional steps needed before buying your home (due diligence, etc)
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Here's the rest of the videos in this series:

Link to Video 2 (How To Find Profitable Foreclosed Properties in the Philippines with 3 Easy Steps):
https://youtu.be/17dGDEV1wMU

Link to Video 3 (Real Estate Investing in the Philippines: The Whole Process (explained in 30 minutes!):
https://youtu.be/CgADJCH9668
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My Classifieds Database of foreclosed properties in the Philippines (with more than 30,000 foreclosed properties and repossessed cars):
👉 https://www.foreclosurephilippines.com/classifieds/

Search for foreclosed properties in the Philippines per City / Province
👉 https://bit.ly/foreclosedlocations

Видео Don't make these mistakes when buying a house in the Philippines канала Jay Castillo