Meet My Virtual Real Estate Mentors

I have a lot of mentors in real estate all are virtual that is through their books:

Real Estate Riches by Dolf De Roos

This is the 1st book that i've read way back 6 years ago. Through this book i learned to really love real estate and this book also made me realized what is my passion what i really want to do with my life.

I pursued to be a real estate broker and so i am.

Think Rich Pinoy by Larry Gamboa

Rent to Own scheme business is what i've learned from this book followed by Grow Rich Pinoy and Think Rich Quick with Trace Trajano.

Guide to Investing by Robert Kiyosaki

Guiding me to the right mindset in investing. I'm not yet finished reading it hehe...we'll update soon.

How to Win Friends by Dale Carnegie

Loved it! teaching the importance in giving value to people.

Our First Rent to Own Venture

Westmont Swimming Pool Area

Westmont Building

Where did I learn all of these?

I didn't learn this from school. I learn this through a book. I couldnt believe through reading the book Think Rich Pinoy book i have started my rent to own business. Thanks to Sir Larry Gamboa for the learnings i've gained. Thank you that i've met you personally to really have started the business when i bought the book i've just read it and do nothing about it for years but when i met him personally i was inspired by this Warren Buffet look alike with the same mission of helping people to gain financial independence and that is Larry Gamboa.. So then i was pushed to do it...

The Condo Unit

The above photos are the Building and Swiming Pool area of our 1st Rent to Own Venture.

A 37 sqm 1 Bedroom unit viewing the swimming pool at the 3rd Floor of that Building in Westmont Sucat Paranaque with complete furnishings: bed,water heater, tv,ref,sofa,dining table.

How did i get the condo?

That's not mine. It's owned by my beloved fiance. We got it through Pag Ibig loan. We bought that at a very reasonable price from a motivated seller who badly needed the cash.


Marketing?
. On the week that i posted at sulit


by Sulit.com.ph (avhicsalva)

wallah!! i've got so many inquiries that schedules were overlapping...

how's the journey of client trippings?

and the 1st one who called me to visit the property, the nearest saturday when she called and then backed out 2 hours prior to our meeting...( i was coming from cavite so i have to leave 2 hours before the meeting time- i was on my way when she cancelled it)

the following day is a Sunday i have to attend to 2 different viewing 1. westmont sucat condo for the rent to own at 1pm and 2. tandang sora house at 3pm

as usual it was me..rushing ... client number 1 was late past 2pm and he didnt arrive yet because of the traffic so i had to ask the lady neighbor to entertain the client in westmont sucat because i have to attend the 3pm tripping in Quezon City.

How's the Deal?


We'll that was so quick. (we'll i know it would be that easy because the price is so affordable with all the furnishings at Php 1,360,000)

That night around 11 pm (see that late im still working) the client in sucat whom i wasnt able to meet for the rent to own called up and said he will reserve the unit in the next 2 days. and wallah! we've got the reservation through bank deposit. (thanks to our lady neighbor)

The following week we recieved the downpayment. DEAL CLOSE in 2 weeks time.

How did you go about the DOCUMENTATION?

I've been in the real estate industry for almost 5 years and almost 1 year full time in a real estate company but 3months fully time on my own and this is my rent to own documentation so i have to research...

and Thank you for Mr Jay Castillo for the contracts posted in his blog and for other tips he posted in his website. He has been my virtual mentor in the documentation.

Also, when i bumped in with Sir Larry i've got the opportunity to ask him some questions about the business he advised me to get a trusted lawyer for the proper documentation so that one day should there any problem, it will not blow my mind on what to do. -ofcourse i took his advise.

I drafted the contract and show it to the lawyer for final approval and notarization. P 300 pesos.

What are the Terms of Payment?

Contract Price: 1,360,000
Reservation: 20,000
Downpayment: 100,000 to move in
Remaining Balance Payable in 10 Years with 15% interest


This was really a Win Win deal for me and for the buyer. He got the condo at the very affordable price with all the furnishings add ons and we've got a monthly passive income. (it's not mine, it's with my fiance)

what's next?

Im now working on my next rent to own venture so if you know properties that are being sold too low which means beyond the market rates or you yourself is looking of a rent to own scheme properties you can email me at happyhomesph@gmail.com and i can help you find or sell that property.