i.e. Property Scheme

I remembered seeing a commercial by Swatch watch with the theme song, “Something About You” by Maroon 5. This got me into thinking and reevaluating how important time is.

I also read somewhere that the most important thing you can give someone is not Love, but time. I completely agree. Because love, you can freely give it to anyone whom you like at any time; but time is constrained and limited. The time you spent with someone or used for someone can never be recalled or reused to do something else or for future use. It’s as good as loss if you wasted it.

This also holds true when it comes to business. As I’ve read in a book by Francisco Colayco, “All of us, rich and poor, has the same amount of time… Time is a resource…Time is the most taken-for-granted resource.” That is, if someone makes you wait for an hour for nothing, that someone is actually stealing time from you wherein you could have been productive or you could have used it to earn income. That one hour is lost forever, and can never be returned.

So, before doing something, ask yourself this important question, “Is it worth my time?”

I’ve read an article that says that more people nowadays are into property investing. These people would much rather face the risks of renting their properties to tenants than the volatility of stock investing.

Before venturing into such an activity, however, it is beneficial to consider different factors affecting the investment. Buying an investment property is not an easy task, particularly with all the costs attached like taxes, maintenance cost, insurance, mortgage interest, etc. The location of the property and the size of the property, among others, can also be a deciding factor on whether you get a good return on your investment.

Of course, it helps to have more than enough funds so that no matter what happens to your property investment, you won’t be into total bankruptcy.

Most of my relatives who are in the United States are in San Francisco. They have been there for more than ten years now, and from their stories I could tell that they consider it as a good place to work and live in. My auntie even suggested that I work there instead. She said that she would help me find a good job if ever I decide to go there and, I could stay at her home anytime.

I am considering going there, but I suppose it would be nice to have a home of my own there instead. It won’t be easy at first, but once I get a stable job I could save enough to buy a small real property. After that, I could get a big house by applying for a san francisco home loan. My auntie tells me she could help me out in getting a good san francisco mortgage since she has friends who are in that business.

If things get worse and I could not pay my loan in time, there’s always the option of getting a san francisco refinance. Refinancing helps in extending the repayment time and in reducing interest rates by refinancing at lower rates. I just hope things don’t get that bad…