All Forum Posts by: Carlo Gabriel C. Calderon

 I don't have investments yet but I have been talking to other brokers and agents here. As of now, the Duterte administration permits POGOs here in the Philippines. Yes, it has a high demand and residential properties (i.e. condos) near those office spaces are also increasing in value. Depending on the next president, the government may be stricter when it comes to allowing POGOs to continue their operations here. Moreover, the reason why many citizens are alarmed is because of the unpaid taxes of POGOs estimated at around 50 billion pesos or 1 billion USD.  

It's true, the political climate right now is quite terrible. Also, the industry may be affected once the administration of the current president ends depending whether or not the next president would ban POGOs in the country or not. One of the greatest contributors in the increase of real estate prices other than BPOs are POGOs, especially in Metro Manila. 

Good day Jonny! I'm a real estate agent here in the Philippines and if you need help, feel free to contact me. Based on the forecast of Colliers Philippines (if the pandemic is contained within the year), real estate prices would start to recover in 2021-2022, with office spaces being the first ones in line. Also, many experts are saying that this is a good time to take advantage of the opportunity. There are some owners who are liquidating their condominiums because they really need the money right now. This is a strong bargaining chip for buyers and can be utilized in the negotiation table.  

Hi Archie! A fellow Filipino here that's also looking to invest in real estate some time in the future. Though I decided to become a real estate agent here in the Philippines first. This is so I can familiarize myself with the different processes of a real estate transaction and then I'll transition to investing a few years from now after I have already saved up for a downpayment.  

Also from the Philippines here. I'm still a freshman in college and I'll be getting my real estate agent license next year due to having a requirement of finishing at least until sophomore year. I would really be interested in learning more about the market in the Philippines and I believe this forum post will be really informative so I'll be following it from here on out. Hope I could learn from your replies and stay safe from COVID 19! 

Anyone here from the Philippines? I just want to ask if there is a loan being offered in the country just like the one that the FHA offers wherein the down payment is only 3.5% given that you'll live in the property.

That's awesome! I wish you luck on your real estate journey. 🙌🙌🙌

 Thank you for the advice, Andrea! I guess I'll also try to find a freelancing skill that could also be connected to real estate. I was just worried that if I put in too much time for both that my studies would be affected. Maybe I just need to set my priorities right.

Hi! I'm a freshman in college from the Philippines. I currently have a dilemma and I was wondering if the BiggerPockets community could help me. I'm currently 19 years old. I want to acquire my first property and become a landlord before I'm 30 years old. After I graduate, I plan to work and save for the 20% downpayment but I'm having a hard time deciding what to do now. Should I focus first on developing a marketable skill that would allow me to become a freelancer so I could start saving earlier or should I invest my time in learning more about real estate? Thank you for your time and any input would be appreciated.