Owning Land as a Commercial Investment

Owning Land as a Commercial Investment

Owning Land in the Philippines

The economics of Philippines today is unstable and unpredictable that’s why many of Filipinos is getting poorer and getting much debt in many ways. One of the nice way or to consider earning money is to renting out your own property home. Not too expensive, less effort and you can have more time in others things such as in family, in career and in love life.
Renting out you own house as landlord is good ideas but if you don’t have property or house for rental you can invest for that thing. When considering a property for purchase as a rental, I would highly recommend an initial purchase of a single family property if you have never been a landlord and plan to do it as a part-time. This will allow you to test the waters before putting any major capital into real estate investing, especially as a part-time landlord. Typically you work your way to buying apartment buildings, kind of like the game of Monopoly. Even if you have a lot of money you can put toward real estate, I always suggest buying at least one single family to start out with. That way, if you decide that being a landlord is just not for you, you do not have a lot invested in it.
Janet Portman Attorney wrote a book titled “First-time Landlord: Your Guide to Renting out Single-Family Home”. The book of First-time Landlord will show you how to start your land lording business and maintain it in your spare time. Get concise information you need to start making money with single-family home, written for property owners with little business savvy ? and even less time and patience. The book will teach you how to rent out you property lawfully and safety with values information on:
How to determine whether or not he property will turn a profit
Landlord business basic
Finding right tenants
Handling repairs
Complying with your state’s rental law
Dealing with problem tenants
Preparing for sale of the property
From timely tips to true story from successful landlords, First-time Landlord is indispensible book for property owners, who want to rent out a single-family home without the hassle ? quickly, efficiently and legally is all in this book.