The COVID-19 pandemic started as a health crisis and is now becoming an income crisis. People who used to consume with no worries are now being very careful with their cash, focusing only on essential spending and basic needs.
Because of this shift in priorities, we see investors shifting their worries from the question, “How much returns can I make?” to asking, “How much cash can I preserve?”
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With this, Carl Dy, a property speaker and advocate and president of Spectrum Investments, came up with a project to conceptualize his own Bayanihan efforts in an industry that he is very familiar with, the real estate sector.
There are property owners out there, who need to sell their 2nd and 3rd investment properties to restrategize their priorities. There are also owners who are unable to pay for their monthly amortizations, risking their property to be repossessed by the bank. Having a buyer provide cash in exchange for hard assets is a much-needed relief for those distressed financially.
Dy sees a chance to help bridge people who are in financial hardship and need to sell their property to financially ready investors wanting to buy properties that are lower than market value.
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People and companies that are financially in excess have shone during this crisis by donating what they can. Dy sees the same human compassion happen in the property industry.
To participate as a buyer, please join the private Viber group here bit.ly/JoinBayanihanPropertyViber. To participate as a seller, please sign your property up at “bit.ly/BayanihanSaleProperties.”
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