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News
July 4, 2020

The Ironic 2020 For Ortigas Land: The Most Prolific Year In Times Of Economic Crisis

Formerly known as Ortigas & Company, Ortigas Land had been in the business for eight decades and counting. Same as with other resilient companies, the organization had gone through tough times. However, never had the modern world experienced a pandemic that we’re experiencing now.

This year’s crisis has created more than health issues. The ongoing pandemic also raised economic catastrophes such as the closing of the Philippine Stock Exchange (PSE) for days, thousands going out of business, and millions losing their jobs.

Despite these negative impacts, the year 2020 has been the most prolific in the company’s history — yes, you read that right. This claim is neither a typographical error nor another annoying misinformation. While most companies were barely surviving, Ortigas Land, on the contrary, dares to make the most aggressive business expansion to date — quite ironic if you ask me.

Photo credit: Philretailers

From a briefing in Pasig City last February 18, the company’s president and chief executive, Mr.Jaime Ysmael, said, “This year is the most prolific year so far in our history, as we are set to launch three projects[…] The launch of our newest residential tower empowers us to set sail for new horizons as Ortigas Land, and anchor our position as a premier property developer…”

Let’s dive into more details on how Ortigas Land ironically made 2020 its most prolific year ever based on Mr. Ysmael’s statement.

The ₱15-billion Capital Investments For Three Projects

Mr. Ysmael announced that before the end of this year, there would be a schedule to launch three massive residential projects with a budget of about ₱15-billion. In his report, he stated that they would put in place a grand plan to construct projects with an unprecedented scale. That plan could give the company at least ten times its current net income within five to six years.

Out of the three projects, they already launched one: a 51-story residential building called The Residences located at The Galleon. This project is considered as the most expensive residential tower in the business district with a massive evaluation of ₱16 billion.

Located in an ideal location, as Ortigas itself was in the middle of the northern and southern parts of Metro Manila and near transportation infrastructures, the project can set a higher pricing standard for its clients. The Residences is an excellent opportunity for the company as it also gives the investors the rare chance to capitalize on it.

Photo credit: Philstar

Architectured with modern and sophisticated design, the tower is the only mixed-use development in the area. Out of its 51 floors, there are 43 floors for residential units, one floor for amenities, five floors for podium parking, as well as one floor for retail space.

Frankly, for a personal residency, this project was made for those willing to pay the high price in exchange for luxury living. Also, many clients still prefer the tower’s prime location for its modern, comfortable lifestyle since it’s placed along ADB Avenue at the heart of Ortigas Center. Each floor consists of only 12 units with selections from one-bedroom, two-bedroom, and penthouse units, spanning areas ranging from 69 to 411 square meters. For a one or a two-bedroom unit, it would cost around ₱24 million to ₱46 million. A penthouse, on the other hand, ranges between ₱102 million to ₱162 million.

The second main project of Ortigas Land this year is the Maven Tower in Capitol Commons. This 62-story project mostly targets today’s modern, busy, and young professionals who have a specific kind of lifestyle, passion, and interest.

Currently, at the pre-selling stage, you can make this as an investment to sell later to those working in the areas of Ortigas Center and Shaw Boulevard. You can choose from studio units, one-bedroom, two-bedroom, and three-bedroom units.

Whether you’re looking for future investments or planning to purchase high-end accommodation for yourself or your family while still at a lower price, now would be the best time to make your move.

The third and last main project that will launch this year is Circulo Verde. What’s unique about the location is: though it is inside the crowded Quezon City, you can still find a place of environmental sanctuary to relieve the stresses of living in a metropolitan area. Besides, Circulo Verde’s retail center, named Industria, has recreational facilities, parks, and shops to enjoy.

Possible Launching of REIT and Conducting IPO for Funding

Mr.Ysmael also said the company is looking forward to real estate investment trust (REIT) and initial public offering (IPO) as another step for making 2020 the company’s most productive year ever.

“REIT and IPO are two tools that are available to us to help us fund the aggressive expansion that we are undertaking right now. I cannot give you any timing, but we are studying the possibilities,” he mentioned while acknowledging the plan was already discussed with the shareholders.

Reportedly, the company already earned ₱2.3 billion in 2019. According to Mr. Ysmael, the company started with only ₱100 million back in 2014. For more than a twenty-fold investment growth in five years, a more exciting future awaits the company and those who will take the opportunity despite the ongoing economic meltdown.

Photo credit: Investopedia

On January 20, the government revised the REIT Act of 2009. This allowed REIT companies to list and trade in the stock market as another means to accumulate funds for property development. Besides Ortigas Land, many already expressed their interest in REIT, including the Ayala Land through AREIT, Inc.

If approved, AREIT, Inc. will be the first-ever REIT company in the country. It also means that those with a vast amount of cash can make a real estate investment, plus the majority of the middle-class population can reap the benefits as well. In addition, investors are also entitled to a dividend-based income, inflation protection, and portfolio diversification to widen the options for Filipinos.

Make The Most From This Ironic Year

As a disclaimer, I’m also part of the Ortigas Land organization. I did not write this article to sugarcoat the fact that our company was also negatively affected by COVID-19. Many of our business operations had stopped temporarily, and a large percentage of our employees have a work-from-home setup. Regardless, Mr. Ysmael, in his letter, stated that the company will still comply with the government’s new normal rules and regulations.

From many of my previous articles, I’ve always stated that a major crisis gives birth to rare opportunities. Another irony here is that if you’re ready for these changes, instead of panicking, you can feel more excited for the future.

If you want to know how to invest or acquire many of our products, don’t hesitate to contact me. Together, though it may seem ironic, we can make 2020 your best year ever.

Looking for a condo unit around Ortigas? I am Glenn Dineros, a licensed Real Estate Broker with PRC License # 5171. Reach me +63 977 852 3852 or +63 939 588 9352. You may also send your email at inquire@ortigasproperties.com(opens in new tab) so I can help you locate yours.

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News
June 27, 2020

7 Real Estate Trending Opportunities To Hit The Philippines In 2020

From our previous articles, we wrote that despite the horrible events happening in different parts of the globe, having the COVID-19 pandemic as the biggest threat, the year 2020 allowed other opportunities to come out from unexpected places. As many people are in fear of the virus outbreak, and lots of businesses could not operate, but few individuals know that the ongoing crisis could result in potential rare opportunities.

Santos Knight Frank, the Philippines’ first and largest fully-integrated real estate provider, stated that “The country’s real estate industry remains optimistic”. The company has foreseen seven real estate trends to hit the country specifically for this year 2020.

If you want to get in on the secret to this crucial information, either for investment or personal purpose, at least one of these seven opportunities could give you the most advantages.

So, let’s get on with the list.

1. The Listing Of REITs To The Stock Market

After the Securities and Exchange Commission (SEC) released the latest regulations this year of January 20, the real estate investment trusts (REITs) are expected to finally take off. Under the new set of rules, REIT companies can already get listed on the stock market. As a highly liquidated asset that allows the investors to buy shares, REITs are sometimes called real estate stocks.

Photo credit: Blogs

The property giant Ayala Land Inc. seeks to become the country’s first REIT company to get listed on the stock market under the name AREIT, Inc. Ortigas & Company among the other huge real estate players expressed their plans on entering the REIT market as well.

Starting this year, the capital generated from REITs will create more projects and employments for the coming years.

2. Animation, Game Development, And Healthcare Sectors Will Increase BPO Demands

According to Santos Knight Frank, the business processing outsourcing (BPO) sector will continue to expand in the areas of Metro Manila. In the future, they might even move to other provinces.

Though there seems to be a restricted number of Philippine Economic Zone Authority (PEZA) accredited properties, the BPO industry is expected to keep driving the demand increase for office spaces. According to the joint research of IBPAP and Everest Group, two of the most respected brands in the BPO marketplace, the industry continues to grow from three to seven percent annually.

The fastest-growing sectors when it comes to employment are animation, game development, as well as healthcare.

3. Co-Working Spaces To Expand Both Inside And Outside Of Metro Manila

The few previous years set an unprecedented growth of co-working spaces and companies in the country. Among the international players are Spaces, WeWork, and Common Ground. For local brands, we have Clock In brought to us by Ayala Land, Acceler8 from the company UnionSpace, and Work.able from real estate giant Robinsons Land Corporation. The brands competing for market shares is a clear sign of huge opportunities from co-working spaces. Some of these companies are converting into single-office tenants.

Photo credit: Spaceiq

With the demand, the increase was driven mostly by startup entrepreneurs and businesses, freelance workers, and BPO companies in urgent need of an instant location. According to the data of Santos Knight Frank, there is also an expansion in Metro Cebu areas such as Cebu IT Park, and Cebu Business Park.

4. Greener Buildings Through LEED Certification

With the growing awareness of real estate industries with their environmental impact, There’s a growing number of property owners opting for greener designs, systems, and means of building constructions. As an assurance, if a property is environment-friendly enough, there is the so-called LEED certification. Leadership in Energy and Environmental Design (LEED) has the world’s most widely used green building rating system.

As more tenants required LEED certifications before occupying office spaces, there are at least 300 buildings muttered around the country following the LEED requirements, where about 150 of them received the LEED certification. Among those buildings is the BDO Ortigas Tower7 who got a LEED Gold Certification.

Besides the positive impact in the environment, certified LEED structures are positioned higher in terms of market value. Santos Knight Frank reports that certified office spaces in BGC areas are up to 12.5 percent more expensive than the non-certified units.

5. Logistic and Industrial Real Estate Growth Outside Metro Manila

Santos Knight Frank also states that there is a potential of the next wave of logistic and industrial real estate growth around Metro Manila. As digital transactions continue to rise, especially at this time of quarantine, e-commerce companies need additional warehouses and distribution centers to contain shipments.

Photo credit: US News

Calabarzon (Region 4A), including most parts of North Luzon is the most sought-after locations due to the more convenient express roads such as SLEx, NLEx, SCTEx, and TPLEx. To cope up with increasing demand, the next centers of warehouses and distribution centers will most likely be outside Metro Manila to service areas that are out of the capital.

6. Prime Residence In Manila To Remain Competitive

According to 2019 the Prime International Residential Index created by Knight Frank, Manila’s residential market in terms of growth was registered as the “eighth-highest globally and third-highest in Asia”. The growth in prime residences resulted from the increasing numbers of wealthy Filipinos and international buyers.

From the last quarter of 2019, eight prime residential projects were built such as the Ayala Land’s Gardencourt Residences and Alveo Land’s Parkford Suites Legazpi. For this year’s first quarter, Santos Knight Frank already reported three prime residential projects.

Through good and bad economic conditions, real estate developers keep on building more projects. Manila’s prime residence market will not only remain competitive but will also keep the pace of its growth.

7. Co-Living Spaces as well as Micro-Studios As Another Residential Alternative

Having the unholy traffic of Metro Manila, residing in co-living spaces has become an alternative practical solution for people working inside or close to central business districts, especially those who don’t want to waste time getting stuck on the road going to work. In co-living spaces, anyone can get accommodation without the premium pay of an apartment lease and are not obliged to buy a condominium unit. Two of the main players in co-living spaces are MyTown by SM and The Flats from Ayala.

Photo credit: The Decorative Surfaces

For those preferring privacy, the micro-studio unit is another option, with an average space of around 11 square meters per room. Recently, AboitizLand and Point Blue partnered to enter the micro-studio market as well.

For Opportunity Seekers Within Ortigas

All the trends mentioned are mostly not particular within Ortigas, but all of them drive the overall market value within the area. So, did you find from the list the best opportunity for you? Together with our team, we can help you find the most relevant Ortigas property that most personally suits you.

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News
June 20, 2020

5 Reasons You Should Move To Ortigas Despite The Ongoing Health Crisis

For decades of real estate development, Ortigas Center and nearby places have become one of the most sought-after places to live and work in. Ortigas & Company, now known as Ortigas Land, is the developer company responsible for more than 80 years of continuous improvement of several residential and commercial properties.

As of now, despite our current health crisis resulting in an economic downturn, Ortigas Land’s developed real estate assets remain one of the most ideal places in the Philippines for a convenient modern lifestyle. Contrary to many of the fear-mongering news, the ongoing crisis has opened the doors to more opportunities in real estate.

There are many reasons why you should move to Ortigas Land’s developed properties. To simplify them for you, here are five reasons why this place can suitable enough for you so you could make your decision. If not, you may consider reading our other articles from our most reliable sources.

1. Convenient Transport System

Ortigas Center was one of the most accessible places in Metro Manila. Due to the pandemic, however, transportation has become a great challenge most especially for commuters. The government ordered to close the MRT and LRT stations, to not allow other forms of public transport to run, and to allow private vehicles to travel only if necessary.

Photo credit: Zipmatch

With the latest update, the quarantine has loosened up a bit in the National Capital Region (NCR) allowing again with restricted numbers of passengers for public transport like trains, taxis, modern jeepneys, and buses to operate. Fair enough, the situation is almost the same for most of the world and these kinds of improvements are what most people are in dire need right now.

Also, the construction of NCR’s massive construction projects like the ₱1.6-billion BGC-Ortigas Center link and the ₱350-billion Metro Manila Subway will significantly improve the transport system soon.

2. Modern and Convenient Residential Spaces

Whether you’re planning on moving in the place for a long or a brief stay, Ortigas Land offers convenient residential spaces that perfectly suits your most likely preferred modern lifestyle. The continuous rise in demands in accommodations resulted in the development of more condominiums. The Galleon at Ortigas Center, Empress at Capitol Commons, and Maven at Pasig City are just a few of the most modern and convenient units for those looking for a place of long-term residency.

Photo credit: Lamudi

Aside from condominiums available for sale and rent, business travelers can check-in to beautifully-furnished hotels, too. The Exchange Regency Residence and CDC Millennium Hotel offer short to mid-term accommodation depending on your preferences. It has all the comfort and privacy a hotel can offer for the best staying experience possible.

All these condominiums and hotels offer flexible terms and booking policies due to the ongoing health crisis. To cope with the rapid changes, Ortigas Land offers the country’s first-of-its-kind wellness real estate in Capitol Commons having establishments to gain the easiest access to essential goods like food and medical supplies.

3. Wide Range Of Commercial Amenities

Aside from the convenient and modern residential space, another reason to move into Ortigas Land’s real estate property is the vast number of available commercial establishments. From dining selections, large shopping malls with cinemas, workout places, and beauty parlors, Ortigas Land has all the commercial amenities to live the best possible quality of modern life.

Photo credit: Bworldonline

As of now, gyms and cinemas are off-limits. For the whole country, many entertainment and wellness establishments are not yet allowed to accept customers. However, with strict implementation of disinfection and social distancing, some amenities like beauty parlors and restaurants are starting to get back to business.

With the “new normal” way of living, one of the best reasons to still consider moving to Ortigas is that these commercial amenities mostly are within walking distance. With the awareness of sudden changes in implementing rules, you can even have a jog or walk in the sidewalks while wearing a face mask as another healthy option.

Also, the Ortigas Land is constructing more health-related establishments suitable for these trying times.

4. High-Quality Health Care

Considering to move to a place with a high-quality healthcare system could be one of your best choices. Today, with the worldwide health crisis, it is the best time to think about your health care seriously.

With convenient residential spaces and easy-to-access commercial establishments, Ortigas is a place with a high-quality health care system. For medical emergencies or consultations, you can easily go to The Medical City, a tertiary care hospital. The world-class health care complex has a medical staff of over a thousand doctors who are experts in their fields of specialization.

Photo credit: Rappler

This 1.5-hectare hospital has a three-level basement parking enough to accommodate thousands of vehicles. Besides the quality of medical personnel, the place is also equipped with high-security technology, advanced building management system, and biosafety features to ensure patients, especially those in sensitive conditions, are properly taken care of.

5. Peace And Order Despite The Hustle-And-Bustle

Without a doubt, Ortigas is one of the busiest places in the country. As people are slowly going back to the business-as-usual type of activities, and with additional measures to prevent further virus outbreak, the place still manages to maintain peace and order.

Photo credit: Commons

With all the mentioned reasons why you should move to Ortigas, you might still not dare to come unless you can rest assured that you and your family are free from the harm of crime and violence. Despite the hustle-and-bustle lifestyle, the ambiance of the place is always relaxed and laid-back.

Again, while knowing the ongoing rules, you can securely take delight in leisurely strolling around the district.

Ortigas Land Strategic Placement Of Properties

For the developer, Ortigas Land, the company almost perfectly placed in balance both the residential and commercial properties. Though not mentioned from the list, other establishments like schools, universities, churches, and numerous corporate headquarters are all placed in the middle of the crowded urbanized locations.

Photo credit: Rappler

The ongoing crisis might even work in your favor as many property sellers and renters offer more flexible terms and lower rates than ever before. Also, the Ortigas Land already had more than an 80-year track record. The company has been developing properties both in times of crisis and prosperity.

Knowing all of this information especially now, you might benefit the most from taking a bold move to Ortigas.

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News
June 13, 2020

The Year 2020: A Golden Opportunity To Buy A Condominium Unit

Though we’re barely finishing half of the year, 2020 already impacted negatively the global economy with the unexpected pandemic. No one was exempted from the effects of the ongoing COVID-19 outbreak.

In our country alone, there are already 7.3 million reported jobless Filipinos in April. For people who still have a job, the social distancing rules and limited public transport makes their lives more difficult. Yet, these are just among the few factors of our economic downturn.

While the Philippine stock market and other equities markets are on a downward trend, the real estate industry remains resilient. According to Santos Knight Frank, the country’s leading real estate services and advisory firm, the real estate industry continues to thrive due to the expansion of BPO companies and strong consumer demand.

The Golden Year To Buy Condominium Units

Despite the obvious ongoing crisis, the demand for condominium units remains high. The young working professionals, high-net-worth-individuals, and OFWs looking for other personal properties or investment are some of the main drivers in the increasing demand for condominium units.

For property seekers who choose to buy and sell, the high demand would not mean an easy find of the right investment. However, if your goal is subletting your unit for continuous cash flow, you should ask the developer first.

Some developers have restrictions regarding subletting. If you have a surplus of cash, 2020 is truly your golden year of opportunity. Many condominiums are on sale from those preferring liquid assets.

Besides finding a low-priced offer, another reason why 2020 is a golden year of opportunity is as the demand for condominiums and associated properties continues to increase, the available space for the developer to construct more buildings diminishes.

Later on, the supply will not cope up with the demand that will become another driver for more expensive properties. So, its better to buy early before the significant increase in property evaluation.

Real Estate Prices Increase Was Still Consistent

The real estate already had a price increase at an average of 5.7% nationally in 2017, the year with the highest increase for duplex houses followed by condominium units. In 2018, luxury homes prices increased by 11.1%.

According to the report by Colliers Philippines, a world-class real-estate company, 8,600 condominium units will be provided quarterly from 2019 to 2021. Though the vacancy rate will remain at 12-13% during this year, the increase in rents will remain the same until 2021.

The high prices are good signs for investors. Despite the global state of the economy, the condominium and the real estate, in general, are still a competitive industry.

Two Main Reasons To Invest On Real Estate Instead Of Stocks

Fortunately for us, the Philippines has one of the best policies concerning real estate. Despite that fact, the same with other investment options, you should not rely purely on luck or you will most likely lose time and hard-earned money. Still, you should put the required due diligence into this industry.

As time passes by, especially now, data shows from different respected real estate companies worldwide on why real estate is a better investment option compared to stocks. There are too many to mention, for the sake of giving you the most essential reasons, here are two that are the most relevant reasons to consider:

1. Real Estate Offers Long-Term Returns Versus One-Time Payouts. Unlike stocks or bonds, you can only sell them and have a one-time return of investment. While you can also do that in real estate, you also have the option of renting out the properties instead to have a steady cash flow every month.

2. Real Estate Cash Flow Can Give You Immediate Income. To be fair with stocks, there is also a cash flow through dividends. Few of them give at least a 4% return, which is better than our current inflation rate of 2.1% as of this May. Though this seems a good return, for most real estate investors, they wouldn’t touch their properties unless they will get a 15-20% return.

By now, you should put great consideration for real estate investments both locally and internationally. As you might notice with our website, we specialize in properties inside the vicinity of Ortigas Avenue as well as the intersecting cities of Pasig City, San Juan City, and Quezon City.

So, if you are convinced with the great potential of real estate as an investment, you might also seek property within our areas of expertise. Also, all of our properties are developed by Ortigas Land, formerly known as, Ortigas & Company.

Why Look For Properties Through Ortigas Land?

As one of the pioneers of real estate in the Philippines, Ortigas Land has already built subdivisions and community facilities around industrial properties that they also developed.

The strategy put in place is that for each property, we make first-class homes and modern amenities that are most attractive for people seeking a comfortable residential living and better business location. Such amenities are schools, hospitals, churches, post offices, police stations, ample water supply, sports clubs, and social clubs.

To make it simpler for you to decide, here are three main reasons why Ortigas Land could provide your next best real estate investment:

1. For over 80 years, Ortigas Land has been the most resilient developer in the Philippines. It stood the test of time and will remain on the business for more decades to come.

2. To strengthen the company more, Ortigas Land also formed a business synergy with the two major industry leaders Ayala Land and SM.

3. Due to the COVID-19 crisis, Ortigas Land now offers the first wellness real estate in the country located in Capitol Commons. The place is conveniently located within walking distance to essential establishments offering food and health supplies.

Now Is The Best Time To Invest

We, at Ortigas Land, are offering never before flexible and pay-lite plans to accommodate your current situation. Investment experts know their history lessons well. They know that profit is made in selling and not buying.

While many are in distress and fear, you might be one of the few who can benefit the most from the ongoing crisis.

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News
June 6, 2020

Why Invest In Real Estate In Time Of Crisis

It seems the world suddenly stopped because of the ongoing COVID-19 global outbreak. Even with the lifting of ECQ in Metro Manila on June 1, there are still many businesses and public transport systems that are not allowed to operate. For those who could operate, the strict social distancing rules significantly decreased their usual incomes. Unfortunately, the health crisis in the Philippines has also led to a financial crisis.

As expected, in terms of property investments, people proceed with great care and caution. They might even search for alternative ways to invest and put more due diligence to secure their investments. As most transactions now are only possible through the internet, many who are not familiar with using online tools might have the hardest time to adapt.

Photo credit: NBC News

However, wise investors are unusually excited during a crisis because it might mean a once-in-a-lifetime opportunity to take action. Warren Buffet, known as one of history’s most successful investors, once said, “Be fearful when others are greedy, and greedy when others are fearful.”

With the combination of proper mindset and the right crucial information, you can make the most benefits from this ongoing crisis. Lamudi, the country’s leading real estate classified website, encouraged the brokers to consider this time as a great opportunity to maintain close relationships with property seekers.

More Options To Choose From

Since the nationwide quarantine started, Lamudi increased the number of property listings for brokers to maximize the visibility of their offers. This is good news for those searching for deals that match their wants and needs. This is also true for investors, as they can explore all these massive lists and may trip over a good property in an in-demand central business district.

Photo credit: Telecom PK

Now is the time to take advantage of online real estate marketplaces. Same with online shopping platforms, you can use the filter options to narrow down your search. Then, you can also bookmark those promising assets.

Better Chance To Negotiate The Price

For the sake of having enough cash in times of emergencies, many would rather sell their valuables to prepare for the worst-case scenario. As this crisis progress, people will need money to buy groceries and essential goods in case of a total lockdown, payment for utility bills, and medical care.

As an investor, now is the best time to ask your broker to start a price negotiation before someone gets your ideal property. According to a report from Colliers Philippines, a world-class real estate company, property sellers are more flexible with their pricing and payment terms during this time.

According to, Joey Bondoc, the Senior Research Manager at Colliers encourages buyers to seize the opportunity of acquiring condominium units now when prices are more attractive especially for mid-income condominium units. The financial crisis is not going to last perpetually. At the same time, the opportunities are not permanent, too.

Diversification To Minimize The Risk

As already mentioned, what is happening now leads to more options with more flexible terms. That would also mean that you can acquire more different investments. Remember, you do not have to put all your eggs in one basket. You can minimize the risk by diversifying to different real estate products in the market.

For example, you can search for commercial or industrial properties. Commercial spaces have increasing demands due to business process outsourcing while the industrial sector has increased thanks to the rise of e-commerce businesses that require space for warehousing.

Photo credit: Warrior Trading

Aside from asset class, you can also diversify in terms of location. With the Build Build Build program of the Duterte administration, the infrastructure developments in Metro Manila can increase the property value of nearby provinces. Take a look at the performance comparisons of cities in most developed regions to find a potential opportunity.

Maximize The Expertise Of Your Broker

The fear that comes from every crisis is mostly rooted in uncertainties. With many unknown factors, one of the best ways to combat fear is to find the right person who knows what to do and who is also willing to help you. In the world of real estate investing, you need a licensed broker.

Photo credit: Hubspot

One of the brokers’ jobs is to guide you through these dark times to find the best deals that suit your preferences. You may even find someone who is also going through a crisis and still manage to position the investors to buy profitable assets.

For instance, these industry leaders who experienced the 2008 financial crisis are the real estate professionals, hence, they can give you more prudence and confidence with your planned investments.

Building The Foundations For The Long-Term Goal

After deciding on making any kind of investment, be sure to set aside some cash in the bank to make sure you won’t be short on funds. According to financial advisers, a good rule of thumb is having 3 months’ worth of liquidated assets to make sure you have emergency funds at the ready just in case the need arises. However, seeing as the pandemic has somehow ruthlessly dismantled the order of things, it is best to put aside 6 months’ worth of funds instead.

Apart from that, you also need to ensure that you have enough money to pay for legal fees and transactional costs which are part of the expenses when buying real estate property.

Photo credit: Fortune Builders

According to Forbes, now might be the best time to make real estate purchases when the market is saturated with properties that need to be disposed of at the cheapest. At a time when survival is of utmost priority, people will flock to online real estate platforms and real estate agencies to turn their properties into liquidated assets without much thought about the pricing while foreclosed properties will be on the rise. Investing in these properties now while it’s at its best price will give you the most profitable outcome and soon you’ll come to reap the benefits of your investment.

Prices in these situations are often at its most attractive due to the fearful environment. And as mentioned earlier, in terms of investments, be greedy when there is fear.

During this global crisis, it’s best to be aware of how things have changed in the real estate landscape to know how you can best position yourself and your money. Work with a licensed real estate broker who can give you sensible advice so you can make better judgments with your investments.