Exposing the Risks: Don't Buy Build and Sell Houses

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  • เผยแพร่เมื่อ 23 ม.ค. 2025

ความคิดเห็น • 23

  • @josebonifacio8366
    @josebonifacio8366 2 หลายเดือนก่อน +1

    ANOTHER INFORMATIVE VIDEO... THANK YOU SIR MIKE!!! GOD BLESS YOU AND YOUR FAMILY🙏

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน +1

      Thank you Jose! Appreciate your comment!

  • @josephinehuang5570
    @josephinehuang5570 หลายเดือนก่อน

    Sana po gumawa kayo ng video about condo.

  • @jeff-e-af1
    @jeff-e-af1 2 หลายเดือนก่อน

    Greetings Mike, thank you for making this video. It’s very informative. I did have a question in regards to the turnkey/reputable developers. Is there a source where I can find a list of such developers? I know I still have to do my research once I find a developer (e.g. see there work, what buyers/owners are saying about them), but I just wanted to see if there’s such a reliable source. Any info would be greatly appreciated.

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน +4

      Hi Jeff! Unfortunately there is no list. You will have to get recommendations from people who you trust. You have to talk to their previous clients. Some builders are initially ok, but when they over expand, their workmanship suffers. I, personally, am screening builders who I can call "turnkey Developers" who I can recommend to clients. There are more sad stories about builders and clients than happy ones. I am trying to help as many clients as I can. I personally have had a bad experiences in my own house project, that's why I can relate. Thank you for watching Jeff!

    • @allanabrilla2422
      @allanabrilla2422 2 หลายเดือนก่อน

      Such a valuable input.

    • @aboveitall9600
      @aboveitall9600 2 หลายเดือนก่อน

      I have heard Ayala has a decent reputation among Filipinos. That being said, I don’t have experience with their homes. All of the homes in Nuvali appear to be nice. It’s high end to begin with. Crown Asia Velenza was fairly decent as well as South Forbes across CALEX.

    • @jeff-e-af1
      @jeff-e-af1 2 หลายเดือนก่อน

      @@RealtorMikeTan Copy all Mike. Thank you for sharing. I’m hoping that you can someday share your list of turnkey developers. Also, my wife and I purchased land in Nuvali and we’re hoping Ayala has a list that they can recommend to us (if not now, maybe years down the line when we decide to build). Thanks again!

  • @brutallygwapo9597
    @brutallygwapo9597 2 หลายเดือนก่อน

    can you say that Avida is a turnkey developer, and how are the houses they built in their subdivisions?

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน

      Avida is the middle market brand of Ayala. Depending on the standard of the buyer, they can be used as a primary residence or a starting point of a renovation. AVIDA’s terms of payment is unbeatable vs having to build your own in terms of soft payment terms, but if you have the cash it would be best to buy their lot and have a turnkey developer custom make your house. Thank you for watching!

    • @brutallygwapo9597
      @brutallygwapo9597 2 หลายเดือนก่อน

      @ yes i'm aware of what Avida is. i'm asking what you think of the houses they built in nuvali since you're obviously connected with Ayala, are they subpar in materials and specs?

  • @reynalddavid411
    @reynalddavid411 2 หลายเดือนก่อน

    I live in alveo condo and boy the cost cutting is outrageous. Ultimo na 300 pesos para lang makasave isasave. And they have a new project which is over 300k per sqm which have crappy finish.,
    All developers are profit driven

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน

      I understand and can relate! As a broker they are charging my client who is buying a Php15m lot Php150 pesos for TIN verification, I told them to charge it to me because it is very embarrassing. There are quality issues indeed, but in my experience they rectify it. Profit is ok, but better business sense is that clients are happy and satisfied. Thank you for watching!

  • @macdizon1369
    @macdizon1369 2 หลายเดือนก่อน +1

    Its a huge accusation , to think that its highy technical and should be technical personel to judge if it is true

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน +1

      Hi Mac! Not an accusation, there are just builders who fall into categories, the typical “build and sell” who are primarily and only after profit and the “turnkey developer”, who is after the satisfaction of the client and profitability as well. Whether one falls in which category depends on them (builder/developer). Thank you for watching!

  • @RL86
    @RL86 2 หลายเดือนก่อน

    Wait what? you mean to say not to buy houses are built from developers or townhouses? It depends on the developers and your research.

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน

      Correct, do your due diligence and research on the builder/developer. You can still buy from them. Thank you for watching!

    • @johnmartinvillanueva6144
      @johnmartinvillanueva6144 2 หลายเดือนก่อน +2

      Looks like your paid by a big developer

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน

      @@johnmartinvillanueva6144 How I wish, I don't get the logic, though. Thank you for watching!

  • @aboveitall9600
    @aboveitall9600 2 หลายเดือนก่อน +1

    We call these track homes in the US…Cookie cutter homes. It means an owner was not directly involved when built.
    Philippines construction standard is less than what is the minimum standard in the US….lighting fixtures are missing in the Philippines…no screens, no HVAC…a bare unit literally means bare…ie raw cement exposed no finishing work. It’s different in the Philippines guys.
    If you don’t use CIP Concrete…The hallow block will likely be mixed in different batches and different qualities. Normal blocks in the west is around 1 to 6 concrete to sand…Philippines as much as 1 to 10…The blocks crumble literally powder. Rebar stock is often left exposed, this allows for water to egress into columns. Spalling will occur, fracturing concrete at the bottom. The thought is to allow for expansion of the building. Cap rebar, incase it. Don’t just paint it. Also rebar of mixed sizes are used in structural columns …nope. We are putting millions of pesos into a build, it better be to some standard involving skilled labor.
    Best advice is to be involved in construction.

    • @RealtorMikeTan
      @RealtorMikeTan  2 หลายเดือนก่อน +2

      Awesome! I learned a lot from your comment, there’s too much gray area that’s why your advice is perfect, get involved in the construction as much as possible. Thank you for watching!