26/02/2024
An actor shared that they rented out their house at Forbes Park for ten years which paid the mortgage of the house.
"Sabi ko hindi naman natin kailangan tirahan 'yan eh. Ang bahay nandiyan na, let's have it rented out tapos 'yung renta na 'yun, iyon ang pambayad natin sa bangko, sa mortgage. So 'yun ang nangyari. Ten years may umuupa ng bahay na 'yun. So 10 years nabayaran 'yung bahay so dun pa rin kami sa Greenhills nakatira," he said.
That's what you call Self Liquidating Property,
Rent it out even it's not yet Fully paid.
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