Philippine Daily Inquirer - - PROPERTY - By Vanessa Hi­dalgo @INQ_Prop­erty

Wel­come to Adult­hood! It’s prob­a­bly ev­ery­thing or noth­ing you ex­pected it to be. Yet here you are en­ter­ing the prime of your lives. You have fin­ished school, ac­quired a sta­ble job and you are healthy as a horse. think­ingFu­ture!the The foun­tain­time Un­less aboutis of ripey­outhe youth, “F” have­for then dis­cov­eredto you The start have noth­ing­should readto wor­ryon. but if not then you It’s time to build your wealth. Your par­ents were right when they said that you should save some for the rainy days. Stop throw­ing away your money on dou­ble shots of es­presso on venti cups. In the end, you’ll only drill a hole in your stom­ach and your pocket. Be prac­ti­cal and learn to in­vest your hard-earned cash into as­sets that may be use­ful in the long run. In a re­cent sur­vey con­ducted by Real Es­tate In­vest­ment Sur­vey, it re­vealed that 55 per­cent of mil­len­ni­als are en­thu­si­as­tic about home in­vest­ment, and over half would in­vest in prop­erty other than their pri­mary res­i­dence. Nearly 40 per­cent of home buy­ers were un­der 36 years old. So what’s driv­ing the change in mil­len­nial home own­er­ship?

1. The magic of tech­nol­ogy. The ad­vent of the in­ter­net paved the way for a lot of im­prove­ments in our daily lives. It holds the same power over in­vest­ment. It has erased the stigma of ig­no­rance. So if you’re still a bit shaky about the en­tire in­vest­ment thing, do your re­search on­line. There are a lot of web­sites that can ex­plain to you the go­ings on in real es­tate in­vest­ment. The dig­i­tal re­source ed­u­ca­tion plat­form has en­cour­aged mil­len­ni­als to in­vest in real es­tate.

2. It’s the next log­i­cal step. While most mil­len­ni­als are not rac­ing down the aisle, some are al­ready think­ing long-term. Be­fore say­ing I do, they tend to pur­chase their homes with their part­ners to en­sure that they have a roof over their heads when they fi­nally de­cide to take the plunge. While others are hav­ing chil­dren and grow­ing their ca­reers, mov­ing into their new home is in­deed the next best thing.

3. po­ten­tial Mil­len­ni­al­sof earningalso re­al­ize ex­tra the cash by rent­ing out their ready- foroc­cu­pancy (RFO) type of con­do­minium. Ei­ther you buy it now or sell it later. Or you can have it rented out. If you’ve pur­chased a RFO, it is con­sid­ered as a pos­i­tive cash flow—wherein rents out­weigh the hold­ing costs. A key fea­ture of real es­tate in­vest­ment is the sig­nif­i­cant por­tion of the to­tal re­turn, ac­cu­mu­lat­ing from rental in­come over the long term. The ex­tra money you earn from it may be used to pur­chase another unit or can as­sist you in the other facets of your fi­nan­cial needs.

4. Real Es­tate as a tan­gi­ble as­set. This means that you can phys­i­cally see and oc­cupy the in­vest­ment. Un­like in the stock mar­ket-- which is an in­tan­gi­ble as­set—, it is quite dif­fi­cult to quan­tify. And mil­len­ni­als be­ing the more vis­ually minded or im­age ori­ented gen­er­a­tion, in­vest­ing in real es­tate is highly at­trac­tive. Also, the pres­ence of real es­tate in your port­fo­lio of as­sets can lower volatil­ity and can pro­vide venues of higher re­turns. But through it all, you must re­main vig­i­lant. You are young and quite vul­ner­a­ble. Watch out for the vul­tures. Do your re­search and avoid scams. Be wary of the peo­ple you trans­act with. You have to learn to sift through the pa­pers and fully com­pre­hend what the words and fig­ures mean. Make sure that you have a re­li­able part­ner as you in­vest your hard-earned money. Em­pire East Land Hold­ings Inc. is among the de­vel­op­ers who made it a per­sonal mis­sion to look out for your fi­nan­cial needs in this maze of real es­tate in­vest­ment. The port­fo­lio of Em­pire East is de­signed to make ev­ery devel­op­ment stand out. A per­fect fit for savvy mil­len­ni­als is Em­pire East’s Pi­o­neer Wood­lands. Lo­cated in the mid­point of Edsa which pro­vides ac­cess to busi­ness dis­tricts in Que­zon City, Or­ti­gas and Makati. This is Em­pire East's first-ever tran­si­to­ri­ented devel­op­ment. Pi­o­neer Wood­lands is con­sid­ered a trans­port hub which makes the com­mute more bear­able for em­ploy­ees. In­vest­ing in real es­tate such as in Pi­o­neer Wood­land is a sure hit for those who would want to make the right choice of in­vest­ing for the fu­ture. To know more, you may call 8103333 or e-mail in­quiry@em­ For other prop­er­ties by Em­pire East, visit www.em­ or fol­low @em­pireeast on Face­book, Twit­ter, and In­sta­gram.

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