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The Hows of Housing: How do I avoid being short-changed when buying a property?

Investing can be a daunting task, especially for those who are new to it. šŸ˜“šŸ’¢


With so much information readily available online, it can be overwhelming to know where to start and what to believe. šŸ‘©ā€šŸ’» This was my case at the very beginning. šŸ‘‰šŸ™‹ā€ā™€ļø


If youā€™re just like me, you probably want to start your investing journey but arenā€™t sure where to begin. This #PodcastOfTheWeek is a great resource to get started. šŸŽ§


I heard important quotes like ā€œNever invest in something you donā€™t knowā€ and ā€œWhen investing in something that doesnā€™t have a guaranteed return, that is Speculation,ā€ but unfortunately, I learned these lessons the hard way. šŸ¤¦ā€ā™€ļøšŸ’ø


As I aimed to grow my investment portfolio, I considered investing in rental properties for cash flow. However, before diving in, I wanted to know more about the real estate market in the Philippines.


I looked for real estate podcasts, but to my dismay, most of them were from real estate agents or brokerage companies that focused on getting people to buy a property from them rather than providing useful information for those who wanted to invest. šŸ”šŸ’°


Thankfully, I came across ā€œThe Hows of Housing,ā€ which was the best local housing podcast I could find so far. šŸ’Æ Although it focused on educating people who wanted to buy a house to live in rather than to rent out, it still provided valuable insights on what to know before buying a property and the laws surrounding the documents involved. šŸ“ƒ


Podcast: Puma Podcast

The Hows of Housing: How do I avoid being short-changed when buying a property?


My Key Takeaways:


  • What are the documents you need to secure and understand to buy a property in the Philippines and avoid being short-changed or scammed

  • Types of Bank loan interest mortgages

  • What is Interest only mortgage, Fixed rate, and Variable interest rate, Discount rate mortgage, Cap rate mortgage

  • Advantages and disadvantages of each mortgage type


Episode Quote





ā€œIf you want to protect your right, then read before you sign.ā€ - Atty. Ma. Soledad Derequito-Mawis


Iā€™d love to hear your thoughts about this episode in the comments.


Do you think I should include other types of reviews on the episode?


Tap ā¤ļø if you love this episode! Comment šŸŽ§ if you want more of our #PodcastOfTheWeek


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