A cousin, daughter of favorite uncle who is into food production business, recently consulted me via text. Because she is a relative, I gave my opinion via text. Its a 800 sm property near the Municipal Hall, and the 3rd generation would make the decision respond to the deal proposal by a Korean corp: 5 years lease totalling P57,000,000. or 170.00 /sm per month; that translates to about P2.28m/year or P190,000.00 /month.
Will they make money on the deal? Is this the best deal for the family?
Am awaiting an appointment as biz consultant by the heirs. To clarify obligations and make a substantive comment guidance on the deal
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