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Oct 23, 2017

Five Real Estate Business Ideas You Can Try

At this point you might already be aware that real estate is a blooming industry in the Philippines. Developments are being built left and right and there are always a demand for property. It's an industry that continues to develop and become one of the most in demand in the country.
But many people are not aware that investing on a property is not the only business that you can do with real estate. There are other businesses in real estate that will surely give you substantial profit. Below is a list of some of the businesses that you can do with real estate.

Rental business
The easiest way to earn money in real estate is through renting. There's a steady demand for rental properties since tourists and professionals who rent out places in Metro Manila are always constant. There's a steady cash flow and it's not that hard to keep up with the maintenance of your rental unit.

Property management
Property management is created for property owners who want to lease their properties but simply don't have the time to manage their rentals. Property managers handle the maintenance, the rent collection, and overall management of the property. You can start out by handling one property then proceed to handling more clients.


Real estate photography
Got some skills on the camera? Put your expertise to the test by taking photos of beautiful homes around the country. Real estate developers and agents know that having a great property photo can make a difference to their online marketing campaigns. They will use the photos to entice clients who scroll down social media or use online property portals. That's why they often hire photographers to take photos of their properties. Create a portfolio of your previous work and show it to interested patrons.

Become a real estate agent
Real estate agents are still very much in demand. People still seek for the expertise of real estate agents. Become a legitimate real estate agent requires time and effort so make sure that you are in it for a long run. 

Flip property
You probably heard this term in various home related television shows. Flipping a property means buying an old property, giving it a makeover, then selling it to a better price. Some flip property aficionados even turn the property into a commercial business, creating a new restaurant, laundry shop, etc. It can create a large one time profit and can be managed in the comforts of your home.


Contributor:

Dot Property Philippines offers property searchers, home owners, developers and real estate agents a comprehensive advertising platform to buy, rent or sell property online – and all with the option to list for free. 
Dot Property Philippines makes it easy to ‘move online’ with inclusive search features that allow property buyers to find the perfect house, villa, apartment or condominium to call home or even a new investment. Pinpointing your ideal property by filtering a search by type, location, number of bedrooms and price.

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