What is an REIT? REITs are companies that own, manage and finance real estate properties. The main difference between REITs and other real estate investments is that REITs are highly liquid. A REIT can be bought and sold on the stock market and traded in the same way as mutual funds or individual stocks. You can simply log into your brokerage and choose the REIT you want to invest in. Afte...
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MANILA, Philippines — Economic growth in the second quarter was revised higher by the Philippine Statistics Authority as construction and real estate activities proved stronger than initially reported. State statisticians said in a statement on Wednesday that the gross domestic product in the April-June period now stood at 7.5%, slightly higher than the previous 7.4%. The latest figure...
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ABOUT 80% of overseas Filipino workers (OFWs) deployed to the United Arab Emirates (UAE) expressed interest in placing investments in the Philippines within the next 12 months, with property the preferred repository for their excess funds, according to the results of a survey released on Thursday. The survey, commissioned by the New Perspective Media Group (NPMG), took in responses from 3,800 w...
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GOVERNMENT can support private entities by making it easier for them to get permits, the founder of listed developer 8990 Holdings, Inc. said in response to the administration’s call for more housing units. “It’s very challenging to come up with a million houses ’cause we’ve never experienced building a million houses in the Philippines,” 8990 Holdings Chairm...
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My favorite types of real estate deals are the ones where I get properties free. The most common way people get free real estate is through inheritance. Unfortunately for me, I have no rich uncles to leave properties for me to inherit. Real estate is the most powerful wealth creation tool. If used correctly, you can create your own inheritance. Deals involving raw land are some of my favorites,...
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Bob Mangat and CEO & Founder of the 1440 Group, a real estate investment and development firm in Vancouver, BC Canada. For individuals who want to invest in commercial real estate, but may lack the stomach to go all-in individually, or even to have the bulk of liability for a new entity, a real estate limited partnership may offer the right risk-reward ratio—keeping mor...
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