Personal Development, Finance and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
The day you plant the seed is not the day you eat the fruit.
Thinking about investing in real estate?
Real estate is one area that can add a coin to your account. The truth is that the population around the world is growing and this means that sooner or later people will require new houses. So, if you are a potential investor, then the real estate is a catch for you. It will yield all your money in due time. Investment is something that requires patience. In real estate, you will need to know the best designs of house and the best areas to invest in. You can as well decide to invest in building private villas. Whichever angle you look at it, the real estate will still generate you a lot of money.
But the problem is, most people don't have enough money for capital investment. Why not consider a real estate crowdfunding?
What is Flint?
Flint is the first, tech-enabled low-cost Philippine real estate crowdfunding platform that is made for investors who like to invest in Philippine real estate properties.
Powered by SeedIn, South East Asia's largest Business Financing Platform, the flint platform is made exclusively for investors who like to invest in Philippine real estate properties exclusively brokered by ReMAX PREMIER (Philippines), one of the top real estate franchises in the country.
Information about the available properties in Flint is supported by Signet Properties, a leading tech-focused real estate property listing site in the Philippines.
Why think of investing with Flint?
Flint guarantees, sure, and safe return on investment (ROI) at lower capital investment. Flint also provide account security and a user-friendly interface. And being accessible online, it made investing much easier.
Why does Flint have a short-term investment?
For Flint short-term investment gives more liquid funds than long-term investments, and that is due to quicker turnover rates and that it allows more profits on assets to remain liquid and reusable.
Who can get through the platform?
The information and services provided by the platform can only be enjoyed by the registered members of Flint. And for legal purposes, the minimum age that is required is 18 years old. For foreigners and foreign-born investors, as long as there are no legal issues and that they passed the account verification by Flint's Customer Support team.
How to register and how Flint works?
1. Go to Flint's website.
To become an investor, investors first need to register on the website and provide the needed information for the verification of your account.
The registration process only has three simple steps to start investing in low-cost Philippine real estate properties. Register using your email address and verified contact number, get verified by providing two valid IDs and proof of billing and get started by choosing from our real estate portfolio.
How secure Privacy and Data Protection is on Flint?
Information that is provided to Flint is strictly private and confidential in line with the data privacy laws. Flint is built, developed, and managed by the in-house development team, this ensures the safety and security of the account and compliance with the Data Privacy Laws and Regulations.
Is Flint registered with the SEC?
Flint has a license for real estate crowdfunding, in which investors are allowed to invest in properties directly. Powered by SeedIn, South East Asia's largest Business Financing Platform, Flint is currently operating under SeedIn’s license with the SEC.
SeedIn’s primary license is issued by the Monetary Authority of Singapore (MAS). SeedIn’s secondary license with the SEC is currently in process. SeedIn, and in de facto, Flint, has already complied with all the requirements for SEC registration and awaiting finalization.
What’s the estimated time until my account is verified?
The verification process of your account will take 2-3 working days depending on the documents that were uploaded. To ensure fast processing of your documents, ensure that you provide primary identification as prescribed by the Bangko Sentral ng Pilipinas.
What IDs do I need to get verified?
Investors need to provide two valid government IDs and a Proof of Address. Primary IDs as per Bangko Sentral ng Pilipinas memorandum are:
You may submit ONE primary ID and any of the secondary IDs listed below:
Foreigners who want to register and invest in Flint will also need to submit the following documentation to fast-track your account verification:
Foreign corporations may need to submit additional business documents necessary.
Can my Proof of Address be a different address from my two IDs?
As long as possible, IDs and Proof of Address should have the same address, and the Proof of billing should be named after the investor. If investors don't have any Proof of Address named after them, they can provide any Proof of Address that has the same address as what is in their IDs since this just serves as verification that the address exists.
What is the minimum investment amount?
Most projects have a minimum investment amount of PhP 1,000.00 but some projects differ.
What is the duration of investment?
It depends on the maturity period of the property but would from range 6 to 8 months.
Can I invest in multiple projects?
Yes, you can invest in multiple projects.
Can I still invest if the property is already fully funded?
No, you cannot invest anymore. Once the property is fully funded, it will no longer be available.
What are the proposed interest rates?
Every project has a different guaranteed investment return.
Am I allowed to transfer or sell my contract to another individual?
No, the contract is non-transferable.
What will happen if I don't withdraw my idling balance with Flint?
After a month you will be notified regarding your idling balance. After 90 days, if you haven't claimed your idling balance it would be credited back to your registered bank account.
Congratulations! Happy Investing!
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.