Learn how to make money from foreclosures
There are people who make some money from foreclosed properties. And then there is Noli Alleje.
Noli, known in the real estate world as “El Subastahero”, heads The Property Forum Philippines and is the #1 auctioneer in the country today.
He has bid out over 4,000 real estate assets worth more than P8 billion all over the Philippines.
So why do real estate investors buy foreclosures?
As experts say, you make money in real estate when you buy. And foreclosures are often priced much below their market value. In other words, buy low, sell high.
If you want to learn how to invest in foreclosures, Noli is “the man.”
You can listen to so-called real estate gurus who make more money selling seminars than from actual real estate deals.
Or…
… you can listen to someone who makes serious money as a real estate investor, and that’s Noli Alleje.
Noli started investing in small foreclosed properties back in 1999 when the foreclosed assets department of the banks were still in the basement, considered an admin function of maintenance and security.
“It was a field where the soft-hearted would not dare to go,” Noli recalls.
His bravado and hard work paid off. His first major deal was when he had an auction in UCPB and it was sold out. Noli says, “With this contract, we auctioned off more than P3 billion worth of properties.”
Later on, he was able to purchase the asset management company of GE Money Bank.
He is without a doubt the “King of Foreclosures.”
While Noli makes money from foreclosures mainly by auctioning them off, he also in his personal capacity invests in foreclosed properties.
He will share two strategies to make money from foreclosures:
1. Buy and hold, where he waits for the market value of properties to rise; and
2. Buy and sell, when he “flips” properties almost immediately after buying them for a quick profit.
If you want to know how to make serious money in foreclosures, attend Money Summit & Wealth Expo and learn from El Subastahero himself.
Noli will share his actual experiences on the opportunities and risks involved in foreclosure investing.