How To Buy Foreclosed Properties Tools (Investors Toolbox)
This is part of the "How To Buy Foreclosed Properties (That are profitable)" Training. It is not available as a stand-alone product
This is the resources section for the training and contains the following:
- Real estate legal forms / contract templates
- Calculators
- Compilation of tools mentioned throughout the training
Your Instructor
People encounter problems and challenges when buying real estate, more so with foreclosed properties.
I encountered a lot of those problems when I started investing in foreclosed properties myself. Thanks to patience and a lot of help from mentors and friends, I was able to overcome the challenges I encountered.
To help other beginning real estate investors, I started the blog ForeclosurePhilippines.com in 2008 to share my lessons learned and how to overcome challenges people face with foreclosed real estate investing in the Philippines.
I also used the blog as a tool to help me compile all foreclosed property listings I found for easy reference. I actually found my first successful real estate deal in a listing I shared on the blog!
Little did I know that the blog will be a big help to others who are just starting with real estate because of what I was sharing
Call me a nerd, but I really like to make things work, I document what works and what doesn't... and this is exactly what I've been doing with real estate, which I publish on the blog.
After several successful deals, I was able to quit my job as the I.T. Manager of a multinational company to focus on real estate full-time, and I have been documenting my real estate journey ever since.
It is my hope that by sharing what I have learned, I will be able to help guide fellow real estate investors out there who are on the same real estate investing journey.
I am also a PRC licensed Real Estate Broker with REB License # 3194.
Cherry Vi Castillo
My wife Cherry Castillo helps me when it comes to legal aspects and taxation of real estate, where she brings in here vast experience during her stay at SGV Inc.
She is a Licensed Real Estate Broker (PRC Real Estate Broker License No. 3187), and placed 4th in the March 2011 Real Estate Brokers Licensure Exam.
Cherry is also a Licensed Real Estate Appraiser (PRC Real Estate Appraiser License No. 6918) and placed 8th in the August 2015 Real Estate Appraisers Licensure Exam.
She's also a lawyer (Roll of Attorneys No. 55239), and CPA (PRC CPA License No. 0102054).
Course Curriculum
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StartIntroduction for calculators
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StartMaximum price calculator (based on downpayment)
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StartARV and % Difference with Selling Price Calculator
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Start1 Percent Rule Calculator
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StartDownload: Flipping Expense Calculator in XLS Format
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StartDownload: Excel Worksheet for Gross Rental Yield, and Cash on Cash ROI
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StartLRA Registration Fee Calculator
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StartDownload: Maximum Allowable Offer (MAO) Calculator in XLS format