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Updated about 4 years ago on . Most recent reply

User Stats

66
Posts
9
Votes
Ronsted Yuag
  • Investor
  • Kalamazoo, MI
9
Votes |
66
Posts

Philippine Real Estate Investors Post-Covid

Ronsted Yuag
  • Investor
  • Kalamazoo, MI
Posted

Looking forward to connect with real estate investors who are investing in the Philippines or thinking of exploring the opportunities especially those in the rental and commercial space.

Most Popular Reply

User Stats

66
Posts
9
Votes
Ronsted Yuag
  • Investor
  • Kalamazoo, MI
9
Votes |
66
Posts
Ronsted Yuag
  • Investor
  • Kalamazoo, MI
Replied

@Jason Collins

I would say it’s not as smooth as like here in the states but I would guess the laws are pretty much the same. Hiring a real estate lawyer would help. We have a few BP members who have local knowledge- hope they can share a thing or two.

A lot of businesses in the STR are struggling right now with tourism being down. In Siquijor for example, some just shut down and I'm assuming it could be true in other tourism dependent areas. I had to eliminate 3 jobs and negotiated with the staff salary to stay open. Pre-Covid times we were doing good.

Glad you could join.

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