Now is the time to become an investor
If you ask esteemed real estate expert Severino “Joey” Reyes III why real property makes for good investments, he would say, “Well, shelter is a basic need. Everyone needs it. And demand is always growing…everyone needs a home.”
That, among many other nuggets of wisdom was what he offered to guests at PHINMA Properties’ Real Estate: Real Talk II, a special investor’s night tackling the issue of real estate investments. Held last March 19, 2016 at The Canvas, Westgate Filinvest City, Muntinlupa, the event introduced guests to the finer details of the country’s investment climate, the nature of real estate investments, as well as presented investment opportunities with PHINMA Properties’ condominiums.
“It’s time to make your money work for you. Investments can turn your linear income into passive income with lease and rental payments,” Mr. Reyes said. A professional with over 20 years of extensive experience as a real estate expert and business speaker, Mr. Reyes detailed the importance of starting an investment amid the opportunities presented by the country’s economic growth. He discussed how Real Estate investments will always be profitable, “Supply—land area is fixed and so the value is always increasing. A property investment is guaranteed to appreciate. And the Philippines right now has the lowest price per square meter in South East Asia.”
Mr. Reyes also treated guests to accurately calculated investment return scenarios, providing concrete examples of the gains PHINMA Properties condo investments can have. According to Mr. Reyes, cash on cash returns on a condo investment can potentially reach 140% by the fifth year, with a possibility for a complete return of investment as early as the eight year.
PHINMA Properties regularly holds Investor’s nights for its clients, inviting distinguished speakers such as Mr. Reyes to give authoritative investment advice. For Mr, Reyes, the best time to start an investment is now. “Doing the same thing over and over again and expecting the same result is the definition of insanity. Instead of doing the same things hoping to turn a profit, make an investment,” he urged.