How To Find Profitable Foreclosed Properties in the Philippines with 3 Easy Steps

If you plan to invest in foreclosed properties in the Philippines, then this video is for you! I'll show you how to find profitable foreclosed properties in the Philippines in just 3 easy steps.

After watching this video, you will have a reliable and objective way of checking if a property has room for profit if you're going to flip it (buy-renovate-sell), or if you're going to keep it as a rental. I will also share how you can get ready with financing the purchase (and mistakes to avoid) and how I did proper due diligence, and I'll explain using an actual foreclosed property I purchased as an example.
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Links to calculators mentioned in the video:

After Repair Value or ARV Calculator:
✅ https://www.foreclosurephilippines.co...

Gross Rental Yield Calculator:
✅ https://www.foreclosurephilippines.co...

Mortgage Calculator:
✅ https://www.foreclosurephilippines.co...

Subscribe to get a free copy of my Due Diligence Checklist:
✅ https://www.foreclosurephilippines.co...
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Timestamps for topics covered
00:00 Introduction on how to find properties with profit potential
00:31 Objective of this video
00:47 My first foreclosed property
01:15 Foreclosed property details and concerns
02:17 Step 1: What is your goal - flipping or rentals?
02:38 How to check if suitable for flipping
03:39 How to use After Repair Value or ARV calculator
04:14 Where I got data for lot prices
04:27 Cost to construct per sqm of floor area
04:55 Overview of the replacement cost approach
05:14 Estimated room for profit and my target
05:50 Initial checking for rentals: Gross Rental Yield
06:10 The 1% Rule (Rule of thumb for quick analysis)
06:57 How to use Gross Rental Yield Calculator
08:11 Step 2: Get your finances in order - Financial Literacy
09:20 Health care, insurance, emergency funds, bad debts, money to invest
11:08 How much property can you afford (downpayment/monthly amortization)?
12:28 How to use Mortgage Calculator to check if you can afford a property
13:32 Step 3: Do your Due Diligence (walkthrough)
16:01 What happened to my first foreclosed property purchase?
16:11 Buyer converted rent-to-own to bank financing
16:28 Bank appraisal was very high - happy buyer!
16:45 A win-win-win transaction!
17:13 Why we no longer recommend rent-to-own when selling properties
17:24 What happened next (more deals)
17:52 Recap and summary
19:03 What's next: The "Blue Print" for real estate investing in the Philippines
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Missed the first video? Here's a link to Video 1 (Don't make these mistakes when buying a house in the Philippines):
   • Don't make these mistakes when buying...  

The next video is already available, here's a link to Video 3 (Real Estate Investing in the Philippines: The Whole Process (explained in 30 minutes!):
   • Real Estate Investing in the Philippi...