Serious money in real estate is not in selling, it’s in owning properties. That is the statement i heard from a Developer who started as a real estate agent, and now a big time property developer.   He said that if you are in the property business, don’t just settle for being a selling agent, dream of becoming a property owner and developer.  Envision yourself having your own rental properties and land to develop and sell.

When our team stayed in Boracay for three weeks we noticed how the island is growing in visitors and we have a vision of the potential of owning a property in the Island.  We are bent on pooling some of your income to own a piece of land there, and eventually build a resthouse on it for our use and rent out during periods that we aren’t there and just leave a room for our use when we need to come.

Our desire is to buy the lot in cash so we don’t have to worry about monthly amortization, and just leave it until we have the funds to build. It would at least be good to secure the land.  Building a house out of mortgage lenders help is also an option, although not much of a priority since we are not in a hurry to build. A simple nipa hut would do lol…

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