To choose whether to buy a house or rent one is a major decision. For many people, owning a house is worthwhile because it gives people a sense of security and stability that cannot be brought about by renting a house. Where as in renting, Tenants cannot make long-term investments in their properties, which over time will increase their value and wealth. Every Filipino family dream of owning a home. We work hard to have a home that we can call ourselves. Generally speaking, when we grow up, we believe that buying is always better than renting.
Owning a house is a major financial decision. In this article, we will outline the main reasons why buying a house is better than renting a house. 1. It forces you to save When you are considering buying a house, it is important to save for the down payment. This can actually help you organize your finances. You need the right discipline to set a budget and stick to it so that you can save the money you need. With your own property, you can shift the focus from saving for next month's rent to saving for your future whether it's for your child's college, retirement, or other long-term goals. 2. You’ll feel better about yourself and you can create your dream house One of the main reasons why buying a home is better is that you know from the beginning that the property is yours and you will be satisfied. You are free to choose how to make it, as long as you see fit. The personal freedom to do what you want to do with your own house gives you the freedom to plan it and transform it into your dream home without worrying about lease contracts, deadlines, additional fees, deposit payments and other rent-related Hidden fees. 3. You can take out a second mortgage for an emergency. If you pay mortgage and create an equity, your house is investment, the most valuable. Since your house is considered an investment, you can sometimes use it to make a second mortgage, in which case you can borrow part of the assets you have accumulated on the house. This can be done through a home equity loan or a line of credit. A second mortgage is a second loan added to your current mortgage. You can use it as an auxiliary financial backup for emergencies or financial relationships. 4. Buying a Home allows you to build wealth over time Owning your own home is a wise move to build lifelong wealth. A house is a valuable asset-more than just owning an apartment. No other wealth can accumulate your wealth more steadily than real estate, and so does your house. As we all know, real estate will increase or increase in value over time. Purchasing your own property and maintaining it for a long time ensures that its value will increase over time. It is for this reason that we hear that, celebrities further increase their wealth by investing in high-quality real estate or other high-quality real estate. If you have already rented a long-term and make your own hometown, the best thing you can do is preparing to be your first thing you can save deposits, which is usually 20% of the total property value. The key is to plan your budget accordingly and reduce bulk purchases. Depending on the selected attributes, the amount of preparation required may vary. Therefore, while you are still looking for your dream home, it is important to prepare in advance and save money. 5 REASONS WHY WE NEED TO INVEST WITH BRIA HOMES WHY BRIA? Bria Homes is a real estate developer that offers affordable homes for Filipino people and this is the fastest-growing mass housing in the Philippines. Bria Homes will allow owning a new house that achieves the goals and dreams of a Filipino that is working hard for their future. 1. MURA (AFFORDABLE) We, the Filipino's always dreaming about having a house and lot, condo, and any other properties because it is convenient or easy for living. Bria Homes give affordable homes/houses that help everyone to have hope and live and build memories in their own homes. Filipino people will have the right to choose a high quality and prefer the home that they want. 2. MAGANDA (BEAUTIFUL COMMUNITIES) Bria Homes provide a beautiful, holistic, and pleasant atmosphere for everyone. The environment and the place where you live will make sure that it will give you good services because of facilities such as Guarded Entrance, Basketball Court, Children's Playground, the ambiance of the environment, etc. Bria Homes provide a beautiful, holistic, and pleasant atmosphere for everyone. The environment and the place where you live will make sure that it will give you good services because of facilities such as Guarded Entrance, Basketball Court, Children's Playground, the ambiance of the environment, etc. 3. MABILIS (FAST CONSTRUCTIONS) Progressing and building are not easy but Bria Homes came up with the solution for Adapting a new system of a generation of technologies which help to make an easier and fastest contraction time that will assure you that not only fast contractions but also high-quality homes and safe living. 4. MAHUSAY ( GOOD SERVICE) Bria Homes ensure that the employees will provide the best service for their clients. All employees will conduct training before doing their job to make sure that each employee knows the safety and security of the clients and themselves also. We assure the best quality of service and remarkable memories while living in Bria Homes Communities. 5. MALAPIT SA LAHAT (CLOSE WITH PROXIMITY) Bria Homes have planned before building up a new place for contracting new communities. We are mindfully and strategically managing good locations that will be easier and convenient for the client's living. Bria Homes have planned before building up a new place for contracting new communities. We are mindfully and strategically managing good locations that will be easier and convenient for the client's living. These are some of the places you can go: Fast Food. like Jollibee, Mcdo, Chowking, etc. Hospital. To assure that Bria homes are nearby the hospital for the safety of the possible happens to the clients Church. To improve the relationship by worshipping. , etc
0 Comments
Investing in a real estate property give as a factor or right to multiple opportunities by building your equity in the future. Regardless of the surge increase of prices and mortgages and in housing, the real estate sector still continues to gain a steady rise. According to the Investment Analysis, “the Philippines is set to expect a favorable growth of 7.8% within this year”.
The demand of real estate is continually increasing because of the existing supplies in the current market which pushed investors to start their investments since this is the perfect time to invest. We cannot deny the fact that having an option on what type to invest in a real estate has its advantages and disadvantages. These different types of property investments can benefit many sort of investors depending on the goal of their future. Residential Real Estate Residential real estate is practically anywhere people live in family homes luxury condominiums and even vacation homes. Investors in a Residential real estate generates income through rentals, it may be in regular payments for short-term rentals from their property tenants. Appreciated value of their property continually arise between the time when they purchase a property and the time that they will decide to sell their property. Commercial Real Estate Commercial real estate refers to a space which is rented or leased by a certain business. One of the example of a commercial real estate is an office building rented or leased by an exclusive business. Examples of commercial real estate may be a Boutique, Gas Station, a Pawnshop and etc. If the business solely owns the property thus each businesses should pay rent to the property owner. Industrial real estate Industrial real estate says that land and buildings are either utilized or used for industrial activities. These includes activities like Production and Manufacturing. It is also mainly refers to a property where products are made or turned into buildings rather than being sold. Examples of these are factories and warehouses. Raw land Buying a raw land is very risky investment because aside from it will not generate any income it is also may not generate a capital gain when the property is being sold. Real Estate Investment Trust (REIT) A real estate investment trust or (REIT) is a type of company that owns, operates, or finances income-generating real estate. REITs pool the capital of numerous investors. Through REIT it makes possible for the individual investors to earn dividends from real estate investments without having to manage on their own, buy or finance any properties for themselves. How to Buy a House and a Lot: Where to Invest in Real Estate Do you want to add a residential rental property to your investment portfolio? If you make the right choice, investing in real estate can be both exciting and rewarding. Aside from the income and rewards, however, investing in real estate can be intimidating for a first-time investor. When deciding where to invest, we frequently consider convenience and accessibility. We want our hard-earned money to be repaid in full in the future. So, here are some pointers on where to invest in real estate. Select a Location Near Essential Establishments and Places Bria Homes is your best investment home option. One of our five pillars is accessible location, which attracts investors to our projects. You will undoubtedly appreciate being close to shopping malls and supermarkets, industries, schools, government offices, hospitals, churches, and tourist attractions. Bria Homes will, indeed, meet your requirements. Additionally, you will spend less time traveling, experience less traffic congestion, and experience less hassle. This is why living in Bria Community is a good idea and a good investment. We Are Near Mall and Supermarket Strategically Bria Homes projects are near well-known malls where your basic needs can be met. Most of us are looking for a place where our needs and desires can be met. Why not live in one of our lovely projects, Bria Homes Plaridel in Bulacan? This project is an amazing place to settle in because it is located in a first-class municipality of the province, with fun festivities and a progressive economy. Choose a Family-Friendly Community Choose a location where you and your family can build a home. If you have a family or are planning to start one, it is best to live in a child-friendly community. Even if you don't have children, it's a good thing that our place has a play area for them. Choose a community where a child can live freely, whether it is a condominium or a house and lot. It's priceless to see them having fun with nature. Select a Location with a Lot of Open Space Most of us look for a place with a one-of-a-kind and beautiful open space where we can relax or do our activities. Because of our hectic schedules, there are times when we just want to relax and unwind. In our communities, we make certain that this place can provide comfort and relief from stress. With our Bria Sentro – a branded open space where you can find all of your essential needs in one location. This location has a multi-functional hall, a park, a playground, and a community center where you can meet all of your needs and desires. This will satisfy homeowners and create a bond and closeness between them and their neighbors. We Are Minutes Away from Universities You're probably thinking about locating your home near schools, colleges, and universities where you can easily send your children. There's no need for them to rent another house when yours is only a few minutes away. You can save more money and put it aside for future use, or you can use it to supplement your grocery budget. Bria Homes CamSur or Bria Homes Pili is located along Philippine National Highway and just across Palestina Elementary School. This is minutes away from schools and universities within the municipality of Pili. It is also interesting to know that this is not far from the City of Naga where big schools, colleges, and universities are located. For some reasons, In the Philippines, most of us prefer to rent rather than purchase a home. There are many ways to Describe the benefits and drawbacks of renting. Many people nowadays prefer to rent rather than buy a home because it is cheaper and they do not have to save for years. I'm confident most individuals can afford to rent a home, and if they do, they won't have to bother about furnishing, painting, or keeping it because the owners will have already done so. Most people are unaware, however, that renting a home may be just as expensive as owning one. They will also be in charge of dealing with any difficulties that develop, such as a fractured wall or a flood.
You may calculate the entire cost of living in a rented house by adding the loan and all other expenditures for a year and determining whether it was worthwhile. Personally, I believe it is preferable to own your own home after ensuring that you have sufficient funds to cover all taxes. Many people, I'm sure, have had the experience of relocating to a new city or country and being obliged to live in a leased house due to a lack of funds or a low-paying job. My final piece of advice is that if you have friends or relatives, I strongly advise you to live with them if at all feasible, and then repay the favor once you have saved enough money to buy a property. For some people, owning a home is a thrilling experience. In some cases, though, you may be better off continuing to rent your home. Buying a house has a lot of advantages. It isn't suitable for everyone, though, because purchasing habits differ from person to person. Currently, people choose to rent rather than buy, but this may change in the near future. It's vital to examine the advantages and disadvantages of both alternatives when determining whether to buy or rent a property. The most significant advantage of buying a property is that you will be the owner. You are free to do whatever you want with it. Should I buy a house? Is one of the most common queries that many individuals have probably thought of. This is an excellent question to pose. There is an ongoing argument about whether it is better to buy a house rather than continue to rent one. Consider the security, independence, and now affordability that owning a home may provide. Buying a home rather than renting one is usually the better option. If you've ever pondered purchasing a home, I'll explain why you're on the correct route. Purchasing a home provides security. When renting, there is the possibility of unexpected rent rises, but when buying a property, the mortgage will be fixed-rate. Advantages of Owning a House 1. Stable Monthly Payments If you're going to buy a house with a m ortgage, the most likely mortgage product you'll utilize is a fixed rate mortgage because they're the most common. One of the best advantages of owning a house is the ability to make consistent monthly payments with a fixed rate mortgage. The mystery that comes with monthly payments year after year is one of the wildcards of renting a house. When a lease agreement is renewed, it's extremely likely that the monthly rent payments for a property may alter from year to year. 2. Opportunity to build Equity One of the most common words you'll hear when people talk about real estate and house ownership is "equity." One of the most frequently asked questions by house buyers is, "What is equity?" The expected market worth of a home minus any liens on the property, such as a mortgage, is known as equity in real estate. The ability to accumulate equity is one of the most appealing aspects of home ownership. The longer you own a home, the more you'll pay against any liens' principal debt. The larger the equity, the lower the balance of any liens against a property becomes, and hopefully the value of the property rises. 3. Cheaper than Renting Overtime The down payment, appraisal fee, and homeowners insurance are just a few of the expenditures associated with purchasing a property. The initial cost of purchasing a property is far higher than paying monthly rent to a landlord; nevertheless, over time, owning a home is less expensive than renting, which is a significant benefit. Advantages of Renting a Home 1. No Maintenance Costs or Repair Bills One of the advantages of renting a property is the lack of maintenance and repair fees. This means that if you rent a home, your landlord is responsible for all maintenance, improvements, and repairs. When an appliance breaks down or your roof begins to leak, you notify your landlord, who is responsible for repairing or replacing it. Homeowners, on the other hand, are liable for all costs associated with home repairs, maintenance, and renovation. It can get fairly expensive depending on the nature of the assignment (and when numerous tasks appear at the same time). 2. Access to Amenities Another cost advantage of renting is having access to amenities that would otherwise be too expensive. Many midscales to affluent apartment complexes include amenities like an in-ground pool and a fitness center at no additional cost to tenants. 3. No Real Estate Taxes Renters do not have to pay property taxes, which is one of the key advantages of renting over owning. Real estate taxes can be a significant financial burden for homeowners, and they differ by county. Property taxes can be expensive in some locations, costing thousands of dollars each year. Property taxes are calculated based on the projected property worth of the house and the quantity of land on which it is built, despite the fact that they can be complicated. Property taxes can be a huge financial burden for homeowners as new projects become larger and larger. The impact of the pandemic has been causing a lot of fear, uncertainty and anxiety across the globe. Aside from the food system, disrupted work and family routines, a lot of us are affected especially from the economic consequences of the COVID-19 Outbreak. In this trying times, having an investment is a real deal because it is always gratifying to have spare cash on the side. Having cash flow outside of your salary can prop up your net worth, and also provide you with some peace of mind and mental clarity. Investors would say ‘time is more valuable than money,’ which is why passive income holds so much importance. If you love the idea of not working and making money, then this is for you. Passive income comprises of earning derived from rental property, limited partnership or venture in which a person or the investor is not actively involved. In passive income, you can earn extra income while focusing on your other career or you can just lay in your bed doing nothing because waiting is your best effort. There are a lot of ways to earn your passive income, however you need to know first if what type of investment is best for you, it can be stocks or real estate investment. In real estate investment, you need to look for developers who offers affordable house and lot which you can just give a small amount of money but can grow much bigger from time to time.
In Bria Homes, we offer affordable house and lots which investors can grow their money in time. Now, the real question is how can you earn from these properties? Here are 5 tips to earn passive income through house and lot in Bria homes. 1. Pre-Selling and Reselling Pre-selling is a process in which a developer will sell a certain property to an investor before the construction and development of the entire subdivision starts. However, since the property is still under development, the price of the house and lot is lower than the actual price of fully-constructed unit. Although you might have to wait until completion, pre-selling properties typically give a higher return on investment once finished and ready for use. Pre-selling properties are promising investments in the real estate industry especially if they are situated in good locations. Bria Homes’ projects nationwide are situated in a strategic location which can get more attention to the market because it is close to commercial establishments, grocery stores, schools, hospitals and terminals which are the basic needs of a resident. While, reselling signifies that a property is being sold by the former owner to the market. With a few touch-ups and renovation, the investor can sell the property at higher price since he is selling a more improved property. 2. Long-Term Rentals A long-term rental is much as possible five years or more renting the same property. Many tenants would prefer to live in their rental for much longer than putting their selves in house-hopping situation, so a longer term lease can offer stability for both renters and landlords. Long-term rentals is one of the best ways to earn your passive income for the reason that the owner or the landlord will not worry for the utilities, renovation and maintenance of the property because the tenants will shoulder them all. However, renters usually prefer property that is located near to their employment, commercial establishments and markets. Aside from Bria projects are located at strategic location, we also offers our Sentro and commercial spaces. Sentro is where all of Bria amenities will be catered including active ground, parks and playground, covered court and community center that has four sub-center which are health care center, barangay center, senior citizen center and day care center. If you are an OFW or you often go home because of works, you can open your house and lot for long-term rental and by that you can earn passive income by just lending your own house while focusing on your primary job. 3. Shory-Term Rentals On the other hand, short-term rental is a furnished living space available for short periods of time, from a few days to weeks on end. Short-term rentals are also commonly known as vacation rentals and are considered an alternative to a hotel. One best example for short-term rental house is Airbnb which is commonly known for tourists. However, unlike from long-term rentals, short term need more responsibility such as maintenance, scheduling and keeping up on slow seasons. Property owner can earn more if we will be computing by per night and per day basis. Bria Homes’ house and lot is perfect for short-term rentals since that its projects are located close to tourist spots, landmarks and resorts. 4. Real Estate Investment Trusts (REIT) A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate. The company may likewise take time to grow because it has less money in acquiring new assets. REITs are a good way to earn on a long-term basis as it provides recurring income. REIT is good for long-term investing and most of the income goes back to investors. REIT allows anyone to own shares of real estate properties such as house and lot, rent to own homes, housing developments, and other big properties without actually having to go out and buy, manage or finance a property. 5. Flipping Flipping or also known as wholesale real estate investing is a type of real estate investment strategy in which an investor purchases a property not to use, but with the intention of selling it for a profit. There are two ways of flipping your house: First is you can buy a property in the market, then hold onto the property over a short period of time and you can already resold it at a higher price. Second is you can buy a property below market value that requires minor renovations then you can resell the improved property at higher price. Before immersing yourself in house flipping, make sure that you consult a real estate agent who is very knowledgeable about the potential of the houses that you seek to flip for profit. Also, deciding on how to do long term rentals on your property, this 1% rule in real estate investing might be able to help you. Bria Homes is the best choice for house flipping since that we offer complete finish houses that homeowners will not acquire a lot of expenses for renovations and improvements. We also offer affordable yet stylish modern houses that best suit the choice of Filipino. All Bria projects are within close proximity of schools, commercial establishments, resorts, markets and grocery stores. “Real estate is at the core of almost every business, and it’s certainly at the core of most people’s wealthy. In order to build your wealth and improve your business smarts, you need to know about real estate” – Donald Trump
Creating your own wealth is difficult specially if a person literally starts from scratches. This goal certainly needs a lot of more efforts, energy and sacrifices to make in order to achieve financial stability and enough experience in the business field. Establishing your own fortune, there will be plethora of moments you will ask yourself “What are the things you have to invest in that has security and almost like unending opportunity? How is it essential to live your life having the financial freedom in quick way as possible for yourself and your family?” If you feel connection or relatedness to any of the questions mentioned above, the main question that will hit you hard to wake you up in the reality is that- Have you ever think about beginning your own real estate business or investment? Real estate has repeatedly shown to be a highly profitable investment instrument. The difficulty of knowing how to invest in real estate, on the other hand, is one of the most significant obstacles to entry. The good news is that anyone can learn how to invest in real estate if they are willing to put in the effort to do it. That's why I have put together this beginner's guide. There's no reason why real estate should be off-limits for everyone, regardless of their starting point. Several investment techniques might help you get started on your journey to a successful real estate career. Spend some time learning about real estate investment for beginners and determining the best method for you. WHAT IS A REAL ESTATE BUSINESS/ INVESTMENT? Real estate business or investment real estate is real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence. Like, it is common for investors to own multiple pieces of real estate, one of which serves a primary residence while the others are strategically used to produce rental income and profits through price appreciation. It is mainly deals with the buying, selling, management or investment of real estate properties. As you will study and observe the system continuously arising in the business industry and famous businessmen/women itself, one of the reasons why they get richer is through real estates. REAL ESTATE AS PROFITABLE BUSINESS Appreciation is the most typical strategy for a real estate business and investment to make money. The term "appreciation" refers to a rise in the worth of an asset through time. Residential houses, business properties, and even undeveloped land can all be considered assets. The increase could be due to a number of factors, including rising demand and diminishing supply. Real estate profits can be made by selling an asset after it has appreciated in value, or by earning income through recurring payments or rent. REAL ESTATE PROFITS VIA APPRECIATION The most important aspect in residential property appreciation is its location. A changing community that adds new schools, retail complexes, playgrounds, or anything else that makes the area a more desirable place to live increases the value of the property. Property upgrades, whether interior or exterior, can significantly increase the value of a property. As a result, house flipping or rehabbing can help your real estate business/investment make a lot of money. Commercial assets, like residential properties, profit from changes in location and improvements to the property. Profits are also made through development of underdeveloped land. Land outside the city's boundaries becomes more appealing for those looking to develop it as the city grows. The value of the land will rise even more once developers begin to construct dwellings or commercial buildings. REAL ESTATE EARNINGS VIA INCOME Simply put, rental revenue is generated by residential and commercial real estate. Tenants pay a monthly rent that is agreed upon and can increase due to inflation and demand. After deducting your expenses, you claim the leftover amount as income. Investing in a property in a desired location, which allows you to easily get renters, is a wise decision for your real estate firm. Raw land can potentially create money depending on your land rights, since firms may pay recurring payments for any new structures put on the land or royalties for any discoveries made. New access roads, pipes, cell towers, pipelines, and pump jacks are just a few examples. Raw land is frequently rented for agricultural reasons, and some of this property may produce a valuable harvestable asset that can collected periodically. WANT TO INVEST IN REAL ESTATE BUT DON'T KNOW WHERE TO START? Bria Homes is a one of the best Philippine real estate developer that builds affordable condos and residences for everyday Filipino workers and families. It will always be the perfect choice for every Filipino workers and family who needed and wanted to invest in a home that both adheres great quality and affordability. 1. BRIA HOMES IS THE RIGHT REAL ESTATE DEVELOPER Bria Homes is one of the leading developers here in the Philippines. The company was able to assure its place on the top-tier list of developers in just 5 years that coheres to its core values known as “Brand Pillars”: MURA- with real estate properties (house and lots) offered only as low as P2,984 per month that can avail thru PAG-IBIG or BANK FINANCING MAGANDA- properties being offered are all based from modern contemporary minimalistic designs and styles that presents “embellishing aesthetics”. MALAPIT SA LAHAT- This Bria’s brand pillar gives the clients convenience as consisting 50 projects nationwide within the highly developing suburbs where you can choose the best for you, MABILIS- Bria Homes was able to provide thousands of homes to Filipinos and foreigner clients in just a span of 5 years in the industry. MAGANDA ANG SERBISYO- As real estate developer, Bria Homes remains on enhancing its services by conformity and adaptation to changes that may come. The company was able to cope up with the properties demand thru online or onsite options. The Bria homes have a great reputation and credential as it received awards; “Affordable Housing Developer of the Year- Philippines” and “Open Space Development” from prestigious Real Estate Asia Awards 2021. 2. FREEDOM TO CHOOSE OF PURPOSE FOR YOUR INVESTMENT: PRIMARY RESIDENCE or INCOME GENERATION (Rental, etc.) Clients have the freedom to decide on what purpose they are willing to do for their real estate property investment in Bria Homes. It is either from living in your own purchased property or making an income out of your real estate investment. Bria Homes accommodates both of type of investors. Giving you a great idea, all of Bria Homes established sites were near industrial and high developing areas. You can possibly gain benefits from investing in those areas because there is a great chance of job opportunity nearby you moved in. And if you are “I want to make income” type of investor, you may use your acquired property for rentals that secures you a passive income and assuring you a monthly amortization due. The decision on how you will use your purchased property in Bria Homes will all depends to you. 3. PROPER TIME APPRECIATION The prices are lower right now and will surge eventually. With that reason, the proper time to invest in real estate is now. Time goes by, the prices are always going to be higher, so purchasing the affordable property you have dreamed of can found in Bria Houses and Lots. If you want to purchase Bria property now, consult with the nearest Bria agent and confirm this sentiment. The staffs will always assist you through the whole processes and transactions, and even make it convenient for you to own your property via PAG-IBIG House loans or bank loans. 4. LOW INTEREST ARE PRESENT AND DISCOUNTS ARE AVAILABLE Thanks to Banko Sentral ng Pilipinas and other central banks that are working overtime to fight against inflation which shift everything in your favor. It only means that interest rates are low right now because of “low market activity”. It simple says that, borrowing money right now or having loan is cheaper than it will ever be in the future. In addition, right timing of real estate investing is right now as discounts are available for a fair price this season. You only need to do is to get a good agent and consider it wise to consult with them at the first place for you to know which best loan plans suit your financial capacity and capability as well as the years you are willing to pay. 5. BRIA HOMES CHOOSE MORE STRATEGIC LOCATIONS THAN OTHER DEVELOPERS Bria Homes assure that each establishments are all located to a place that brings convenience and peace of mind to its clients. All properties are near churches, hospitals, schools and other boast proximities to major roads and highways. With over 50 projects nationwide, Bria Homes ultra-carefully choose its future development by considering factors like less flooded area, acceptable soil condition; development of greeneries, parks, tree planting areas and open spaces inside the community. This factor gives more value to investors’ money as BRIA’s excellent security and recreational facilities, and environmental friendly features like LED lighting and sprawling green spaces. |
AuthorA real estate marketer in Philippines. Archives
October 2021
Categories |