Just a quick update on my “It Can Be Done in the Philippines” investment real estate series.  here’s a quick look at the project I have been following that is located right around the corner from my home.  It’s moving right along.

I have been spending some time talking with the owner of the company doing these projects and he is an interesting character to say the least.  He’s 80 years young, has three current building projects in full swing (his wife and his son supervise the other two projects) and had at least four more projects in the “will happen” stage to begin on as soon as this one is done.

There’s no opportunity in the Philippines.  You can’t make money with rental property in the Philippines.  Filipino builders are slow, drag their feet, do shoddy, sub-standard work.

Anyone heard those statements before?  Thought you had.  They sure are all lies based on my personal investigation, and I can take you around and show you proof.  You can chase pie-in-the-sky dreams, multi-level marketing schemes, insanely inflated interest rate certificates of deposit (Legacy Group, anyone?), or you can make money the old fashioned way and build something that will last even for your children.

Don’t believe all the idle chatter you hear … get the facts for yourself.

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