Living in the Philippines – Best "Passive" Businesses to Start

For those OFW’s and foreigners wishing to start a business, but not wishing to involve themselves with the stress of a business involving day-to-day operations, employees, landlords, inventory, and so forth, there are several available opportunities for foreigners living in the Philippines. Buy fixer upper properties, improve them, then rent or sell them.

1. Buy Fixer Upper Properties, Improve Them, Then Rent or Sell Them. This is a great business for those of you who have experience in your home country in buying, fixing up and renting or selling properties. Over the past 10 years, a lot of people got involved in this kind of business in their homeland.

With the overall economic problems in the world the past couple of years, the Philippines has not been immune, and there are a lot of properties in a state of disrepair, as well as lot of distressed and foreclosed properties.

2. Build An Apartelle. An Apartelle is an apartment building where all but one of the units are rented out long term, and you are left to operate on a nightly or weekly basis, like a hotel – hence the combined name of apartelle. These are common in the Philippines.

This business will require a heavier capital investment, yet with the right property and by focusing in the more rural areas or smaller cities, you can construct a small 4 unit apartment building for Peso 3,000,000 – not counting cost of the land.

You would want to rent out 3 units on a long term rental basis, and keep one for short term rentals – for the many traveling salesmen that frequent the countryside. They like booking into such short term apartelle units rather than the much more expensive hotels in the area.

3. Condotels. I have not given this business my “thumbs up” in all instances. Condotels have been heavily touted and promoted the past several years and there have been many, many new condominiums built in Manila, and now even in Cebu and starting in Davao.

The problem is that although the developers offer great down payment terms (usually around 30% down financed over 3 years) and in some cases carry back the mortgage and finance for perhaps 10 years, the interest rates are incredibly high, and the split of rentals with the management team runs around 50%/50%. There is also always a nominal monthly maintenance fee.

What looks like “cheap” entry point and cash flow out each month, in many cases simply becomes a bet on long term property appreciation – finding someone willing to pay you more for it than you paid for it.

This is because with all the inventory on hand, there is a surplus of condos which have been into hotel type rental pools, but not enough visitors to rent them all.

Consequently, what an investor thought would be a good positive cash cow, turns out to be a continuous negative cash flow – not what a new retiree to the Philippines is looking for to supplement his pension or annuity! This type investment will only drain you pension.

However, having written all this, I HAVE FOUND the past several month two exceptional condotel investments which DO meet my criteria of creating good ongoing rental income.

4. Farming. The likely cessation of the Agrarian Land Reform Program (CARP) will give the rural sector renewed confidence to invest in agricultural production capacity. CARP has held back investment in both production capacity as well as farm acquisition. An end to CARP will mean higher land prices since land will be valued for its higher income producing potential.

However, higher land prices are simply a “serendipity”, an added value, to the type of farming business I am writing about. I have found an extremely unique business opportunity, which will generate a great ROI (return on investment) and is completely passive. It has been structured by the developers (all foreigners) to be a one turnkey investment price. The price includes cost of the land, plus all

Clearing, planting, cultivation and harvesting for the first 5 years.

The business has been priced to fit the capital investment budget of the average foreigner retiree, and all landowners will be members of a cooperative which will share the farming equipment (tractors, equipment shed, and others). The farm will be “farmed” by the developer’s management team

The hottest trend now is in organic farming, and yet it is only in its infancy stage in the Philippines. There is one export product in particular which has caught my attention – the pili nut. The Philippines is the ONLY country with which produces and processes this nut in commercial quantity.

The current status of the pili is equivalent to that of the macadamia some 30 years ago. It has huge potential to develop into a major industry. They are in demand not only in Hong Kong and Taiwan but also in Singapore, Korea and Austria.

Top 10 Best-Selling Motorcycle Brands

In addition to the Japanese Big Four (Honda, Suzuki, Kawasaki, and Yamaha), the list of top-selling motorcycle manufacturers includes companies based in Italy, the U.S., Austria, and the UK.

Honda

Honda’s motorcycle division sells more than 15 million motorcycles annually, which makes it world’s leading manufacturer. One of the factors driving the company’s sales is its popularity in Asian markets. Yet Honda also dominates in North America.

Ducati

The Italian brand headquartered in Bologna manufactures motorcycles since 1935. Ducati is known for its powerful sport bikes. The company has a long and successful racing history, which started in 1951. Today it spends over 7% of its revenues on racing business. The brand belongs to Audi through its subsidiary Lamborghini.

Harley-Davidson

Great 20th-21st century history and exhilarating riding experience give Harley-Davidson the status of the legend bike company. This brand is familiar almost to everybody, even those who have never ridden a bike in their lives.

Yamaha

Yamaha bikes are known for excellent performance, ride quality and comparatively easy handling. Yamaha is almost as successful as another famous Japanese manufacturer, Honda. Moreover, the number of dirt bikes it sells exceeds Honda and Yamaha combined.

Kawasaki

The Motorcycle & Engine division of Kawasaki Heavy Industries gained recognition as a manufacturer of a wide range of bikes, from very small to sport ones. These motorcycles are loved all over the world for their powerful and reliable engines, capable of developing great speed. There are production sites in Japan, North America, Philippines, Indonesia, and Thailand.

Suzuki

One more representative of the Japanese Big Four. The GSXR 750 and the DR 400 are among the most popular Suzuki motorcycles. The company has over 35 production facilities in more than 20 countries.

KTM

During its first years the Austrian motorcycle manufacturer specialized in 2-stroke and 4-stroke off-road motorcycles, but in the course of time its product range grew wider. In addition to dirt bikes, it now includes street motorcycles and sports cars. The brand belongs to CROSS Industries AG and Bajaj Auto Limited.

BMW Motorrad

BMW is one of the oldest motorcycles manufacturers. The company’s first bike was made in 1923. BMW Motorrad is famous for its road bikes, sports-touring bikes and sport bikes. Some of the most well-known models are the GS Adventure, the S 1000 REFRIGERATORS, and the K1600.

Triumph

The largest motorcycle maker in the UK, Triumph specializes in road bikes that belong to the cruiser, naked, and sport classes. The Triumph brand is owned by BMW.

Victory

Victory is a comparatively new brand, it started production of motorcycles in 1998. Its large-displacement cruisers are famous all over the world. The company based in the U.S. has its final assembly facility in Iowa.

The Differences Between A Digital Camera And A Traditional Camera – Digital Camera Inner Workings

Digital Cameras use lenses and a shutter to capture light inside the body of the camera just like traditional film cameras, but that is where the similarity ends.

Instead of using film to capture an image as the traditional cameras do, the digital camera captures the image using an image sensor.

These sensors are completely electronic in their operation. They have various internal electronic devices to measure light intensity and a host of other duties.

The complexity of the image sensor determines its rating, measured in MegaPixels. The higher the number of megapixels that a digital camera offers, the greater the clarity and quality of the resulting picture. Also the higher the megapixel rating of the digital camera, the higher the cost of the camera.

Digital cameras function by converting light into an electrical signal that is, in turn, converted into binary (1′s and 0′s) so they can be processed through the digital camera’s on-board computer. After the binary numbers are processed they are stored on the digital memory card or floppy disk.

The digital camera processes the light in such a way that the light is converted into the primary colors of Red, Green and Blue using internal filters. The photographs must be further refined by computer processing to produce the full color photograph. This process is called Demosaicing.

Many cameras offer photo sharpening to make the digital photographs clearer; usually, there are controls on the digital camera to adjust brightness, contrast, and color saturation.

After all this is done — inside the digital camera — the last step is to compress the image and then store it on the memory card.

To load images from a digital camera onto a computer and give you the ability to process the digital picture manually, requires a digital camera that offers this cability. If you would like this feature you should ask if the camera you are considering includes it before making your purchase.

How Do Hemorrhoids Affect Your Overall Health?

Most people are too embarrassed to tell their doctors about their hemorrhoids. Also called piles, hemorrhoids are masses that accumulate around the rectum. Due to straining or pressure, veins protrude from thin membranes, forming pouches. These can be so painful and irritating that even normal tasks can become stressful ordeals. What is the impact of hemorrhoids to your overall health?

Internal hemorrhoids are those formed inside the rectum, and sometimes extend outside the anus when dilated. External hemorrhoids are lumps that can be seen by the naked eye. Digital rectal exams (DRE) administered by doctors can detect lumps that aren’t visible, but a common symptom of hemorrhoids involve streaks of blood in the stool or toilet paper.

Hemorrhoids can be hereditary in nature. If you have family members with the same problem, then yours is probably genetic. Frequent diarrhea and constipation can increase pressure on the main vein leading to your lower extremities. Straining can impede normal circulation in the body, which weakens the walls of the veins, forming hemorrhoids.

Hemorrhoids, both internal and external, are painful. Prolonged standing and sitting can cause irritation, pain and even inflammation in the affected areas. It is uncomfortable and can distract from work. Worse, there are instances when hemorrhoids can really take a toll on your health.

There are times where a blood clot may form and cause severe pain in the area. This condition requires immediate intervention. Since hemorrhoids can bleed, anemia may also be a problem. Bowel movements, and scratching can lead to severe blood loss in some cases. Untreated anemia will result in fatigue, poor nutrition and body weakness – all of which can get in the way of your work even further.

As stated before, hemorrhoids can also protrude outside the body. When this happens, there’s a tendency that blood supply may be cut off. This condition is called strangulated hemorrhoids, which can lead to tissue death. Infection is the primary concern when this happens.

Hemorrhoids require immediate medical intervention. Topical creams/ointments and painkillers may be prescribed to numb the pain. Your doctor may also suggest soaking the affected area in warm water to relax the area and prevent irritation.

Most hemorrhoids are mild in nature, and sometimes go away on their own. But if you don’t pay close attention, they may lead to complications. Always keep in mind that prevention is better than cure, so keep moving, get some exercise, and eat only the right stuff.