Hi Steve and Fred,
well a lot depends on your location and your local connections. My wife has invested for us in various ventures fron a rice farm up north in Isabella(her cousin runs it, even he had to sign contracts that he would not claim the land after five years, tough woman my mahal lol) to a pig farm near our place in Palawan to land investments ( we bought near where the new Robinsons is going up and also where the next resort area is being prepared) and also a partnership in a salon/spa business with an Aussie guy iand his mahal. To date she has not put a foot wrong and as a farmers dauughter she loves her piggery ( I am at a loss to expalin why lol). We are currently considering investing 4 million pesos in half the build cost of a high end rental property overlooking Puerto Princesa bay with another friend here who already has the land and his own property there (well his wifes heheheehehe). There is a growing number of budget and mid scale hotels in Puerto Princesa (tourist numbers went form 35,000 three years ago to over 230,000 last year so there is a need, but real high end holiday property rentals and only three decent hotels (which are always full of convention, re-unions and annual meeting delegates, even the mayors of Luzon assocation go there) so we hope to capatilise on a gap in the market. I think lots of planning, business modelling and lots of contingency plus being reasonable in your expectations is the key. To date I have to say that our rice farm is the most consistent performer and makes a great return. Good luck with whatever you chose to do.
