Low maintenance biz while working 8-5

[dandyandy]

@ryannap2203 It really depends on the location it took me 5 weeks looking for properties daily around 3 to 6 properties a day and doing that you can have an idea of the price in your city for me I spend over 10 million on my 15 unit apartment

 

[tmcp]

@swan617 I get an average of ~45k per month of dividends from REITs and preferred shares. Does that count?

 

[spicychristian]

@tmcp For sure that needed a lot of capital, pero tama naman na low maintenance

 

[tmcp]

@spicychristian Yes, you just need to wait for he dividends.

 

[rebel4god87]

@tmcp Wow. What company? At magkano shares mo?

 

[tmcp]

@rebel4god87 RCR, AREIT, MREIT, CREIT, MWP4, MWP5, TCB2D, SMC2O, ACENB, ACPAR, PRF3B, PRF4C, etc.

 

[kephadaily]

@tmcp Monthly yung dividends nang ariet & creit? Thought it's quarterly given

 

[tmcp]

@kephadaily Quarterly. I just divided all the dividends in the year by 12 to get the average dividend per month.

 

[maryeldermusic]

@tmcp Hello. Can u share po paano mo po natutunan about these companies? I really wamna invest po talaga sa mga passivr income business.

 

[tmcp]

@maryeldermusic Just open a stock brokerage account like BPI Trade or COL.

They will notify you of newly offered preferred shares/REITs.

You can also just buy the existing ones using your broker.

 

[rouzanna]

@tmcp Wow! How did you start po?

 

[tmcp]

@rouzanna Just open a stock brokerage account like BPI Trade and COL and buy REITs and preferred shares.

 

[leagueofordinarygentleman]

@tmcp Magkano ang principal nito though? (i.e. acquisition cost)

 

[hudson61]

@leagueofordinarygentleman Sample would be 9mil at 6% per annum
- 540k annual dividend or 45k monthly dividend

 

[leagueofordinarygentleman]

@hudson61 That’s what I was thinking din.

 

[mlb45]

@leagueofordinarygentleman Estimate lang tingin ko nasa 7 digits capital nito, if 45k monthly.

 

[barbie007]

@leagueofordinarygentleman Something like this is only possible with at least tens of millions in investment. So unless you're already a multi millionaire, reits and other dividend stocks are 100% a bad investment.

You'd be better off putting your money in mutual or index funds. Heck a time deposit would yield you better returns.

 

[rapturesc]

@tmcp What company is this?

 

[swan617]

@rapturesc Yes, anong REITS company po?

 

[tmcp]

@swan617 REITs: RCR, AREIT, MREIT, CREIT

Preferred shares: BRNP, MWP4, MWP5, TCB2D, SMC2O, ACENB, ACPAR, PRF3B, PRF4C

And BRNPC soon.