Business deals that are not pushing through because of extreme obstacles

Every generation needs a revolution - an entrepreneurial revolution

1.  One is about legalities.   We need to have the property titled to get LTS from a govt agency   We all ready got the nod of local LGU exec.  But it would not be so because the titling needs to have an approval of two to three entities who have big time claim on untitled properties.  If there are 3, the expenses would be huge.  There is a way to go around it by having proxies, but its risky.

2.  The other one concerns the lack of maturity on the part of the future business partners.  They showed their inability to be on long term mature relationship (as we are experiencing right now)   They are impetuous impulsive and uncontrolled mouths   Our board does not want to do business with them.  

Evaluation of some recent business proposals

Every generation needs a revolution - an entrepreneurial revolution

There were 3 business proposals on real estate that we recently evaluated and we had to conduct a tripping

1.  A dacion of subdivision plots, who owed a substantial amount, with purported value of P14K/sm

     However the subdivision was badly developed:   no open space, cracked concrete roads, no

     centralized water system.    (Despite Manila Water)  To somewhat add pain to our all ready difficult

     situation, we were even asked to submit proposal to develop the project.    (Just to think that this

     project is owned by a Congressman from Eastern Visayas, ex officer of a Pharma,   As a developer we

     made sure our development was completed and of high standards  (wide roads 3,000 psi strength)

     No deal.  We are merely collecting our money.   

2.  A 3,900 square meter in San Mateo near the church and Mun Hall,   It looked like a bargain at

     P12M net, however it would need at least P50M in backfilling and  slope protection.      That will

     make the lot prohibitive.  No wonder this has escaped the business development staff of nearby

    developers.    No deal

3.  A 9600 sm property purportedly owned by an acquaintance in elementary school whose asking price

     is 23,M.  It is located in a depressed area, accessed by narrow road but very near SM Save More.   

     The property has a 43 meters frontage, and just like in San Mateo, the front 400 sm is elevated.  and the

     rest is depressed which is a bad Feng Shui project.   I am looking for alternative entrance.  But it does

     not change the Feng Shui orientation, ie going to work from home on a steep exit.   Araw araw pagdu

    rusa.       No deal.   

Let us look for other properties that will be easier to develop and sell