Buying a condo unit for short term rental (e.g. Airbnb), if done correctly, could really give you a positive cash flow and an ROI of less than 8 years (based on our personal experience from running 2 Airbnb's since 2019).
@@abonto our Airbnb's are not even in the metro...it's at Calamba, Laguna. As long as you make your listing unique and IG worthy, you'll be ahead of the competition already. Even if your listing is priced a bit higher. If you deliver value to guests, then good reviews will follow and consequently more bookings, not to mention repeat guests.
@@elpmid I don't invest in parking lot as it's not worth it at least where we operate. For example, a parking lot where we operate costs 900k with a rental rate of only 4k per month. That translates to around 18 years ROI.
Why is the second market cheaper than a pre-selling one if the price of the former has already increased based on market values? I hope you get my question, Sir Vince. I'm planning to buy a pre-selling condo :)
Probably because of various personal and economic reasons. Some sellers need the money for medical reasons or some because they have to relocate or migrate. These are just some of the reasons you can find "bargains" in the secondary market. If you have spare cash sitting around, you can really find value here.
I have a question: How should you own your condo if used as an investment/rental? in your own name or inside of a One Person Corporation? I'm a foreigner considering investing in the Philippines and southeast Asia.
Allow me to answer your question. Bukod po sa condo unit at ay may option si buyer na bibili din ng parking space. At karagdagan po yan sa babayaran mo ng monthly condo dues.
I think its better to buy a condo than lot. Appreciation value mas malaki, and condo is ready to rent out. Pag bibili ka ng second condo always think Location Location Location! Dun lng po natin mababawi ang binayad. I have condo in toronto, bacolod and manila, lahat ay kumikita ng malaki. Location po ang pinaka importante na isa alangalang sa pagbili ng condo. Like SMDC properties,
@@itznix158 hello po. Yung mga condo nio sa mga binanggit niong lugar, meron po ba jan na sa foreclosed o secondary market nio lng nabili? O yung rfo agad? If yes, yung kita po b ninyo is mas mtaas nman kesa sa binabayad nio in total monthly? Kasi parang ganun lng sya maappreciate na mganda nga ang condo bilhin if mas mtaas ang kita mo kumpra sa binabayad mo monthly for such condos. Like gnagawang staycation
If you are a wisebuyer you should not buy a 😢😢😢😢condo bakit malaki rin ang gastos sa membership fee mentinance mahal ang tubig hindi pwede mag ingay mag pukpok 😢😢😢😢 tapos delikado pa sa lindol at sunog no to condo be a wise buyer po😅😅😅
Worst developer: NSJBI, ang pangit ng units, low quality, ang onte at liit ng elevator sa sobrang dami ng units, sobrang tagal ng turnover- yung sakin 8yrs na nganga pa din.
Buying a condo unit for short term rental (e.g. Airbnb), if done correctly, could really give you a positive cash flow and an ROI of less than 8 years (based on our personal experience from running 2 Airbnb's since 2019).
That's good new po, pero san yung location ng condo unit nyo po?
@@abonto our Airbnb's are not even in the metro...it's at Calamba, Laguna. As long as you make your listing unique and IG worthy, you'll be ahead of the competition already. Even if your listing is priced a bit higher. If you deliver value to guests, then good reviews will follow and consequently more bookings, not to mention repeat guests.
@@archiearon654 do you also invest on a parking lot?
😊
@@elpmid I don't invest in parking lot as it's not worth it at least where we operate. For example, a parking lot where we operate costs 900k with a rental rate of only 4k per month. That translates to around 18 years ROI.
Ganda ng topic..
Ibenta ko na kaya ang condo ko walang sakit sa ulo or magpa2loy lng ng bayad at maging sarili na ang unit..for rental purposes.
Very i formative !
Explain. Reasoth investigating
Hi Vince, where's a best place to search for secondary market house and condos?
Very Informative👏👏
Matatapos ko na pakinggan yung video ng marealized ko si sir Ed pala yung pinapakinggan ko! Hello sir Ed!!! Classmate moko sa AU! 😊
oo nga prang lugi pa ata ako sa nabili kong condo”😱mga Sir bka pwede nnyo talakayin ppano proseso ang pgpa assume ng unit? 🙌
Ako nga lugi yta kc wla n ng uupa forever pa mgbbyd ng dues
Saang area kayo bumili at anong developer at bakit walang ngrerenta? Ilang buwan na walang renta?
@@josielopez7242ilang buwan na walang umuupa? Sino developer at saang area?
@@suzettepeachie ok ba nag developer na dataland? Thank you
Thanks for sharing! How about for this year?
Ang alin po?
Sorry, supposedly trends for this year?
@@SirVinceRapisura Hi sir Vince, I guess for the year 2023.
Trend would be ticking up 😉 slowly opening market
Maga data mag investment nag results
Why is the second market cheaper than a pre-selling one if the price of the former has already increased based on market values? I hope you get my question, Sir Vince. I'm planning to buy a pre-selling condo :)
I prefer second market over pre selling unit. It depends kung may cash to purchase the condo unit. Way cheaper than pre selling condo
Probably because of various personal and economic reasons. Some sellers need the money for medical reasons or some because they have to relocate or migrate. These are just some of the reasons you can find "bargains" in the secondary market. If you have spare cash sitting around, you can really find value here.
A real investor would HOLD til it's time to sell. These are Panic selling or palugi for some personal/Financial reasons.
I have a question: How should you own your condo if used as an investment/rental? in your own name or inside of a One Person Corporation? I'm a foreigner considering investing in the Philippines and southeast Asia.
Hello
Maingat sa developer na uncertain sa turnover or big delays sa completion isang nangungu diyan ay ang kilalang kilala na naguumpisa sa big "S"
Smdc?
Ano po yung ibiga sabihin ng Landed Price ng mga condo units? Thank you po.
It doesn't refer to the condo. Landed refers to "bahay at lupa". They're comparing condo to houses on lots.
Nakalimutan nyo ata yung property appreciation? Lalo sa condo ang bilis kaya parang yung roi nadin
Kaso sino bibili?
I got a condo from Mint residences & Sync pre selling this month. Good investment ?
Sir pano po ba ang paking space or slot binibili rin po ba or rent?
Allow me to answer your question. Bukod po sa condo unit at ay may option si buyer na bibili din ng parking space. At karagdagan po yan sa babayaran mo ng monthly condo dues.
Yes pwede ka bumili or rent.
Hello everyone from Albania 🇦🇱 Can someone tell me how much can cost a small condo in Cebu city?? Thanks
❤❤❤
Bibili pa sana ako ng second condo lugi pala, mas magandang bilhin lote or land na walang bahay in due time surebol tumubo ka
I think its better to buy a condo than lot. Appreciation value mas malaki, and condo is ready to rent out. Pag bibili ka ng second condo always think Location Location Location! Dun lng po natin mababawi ang binayad. I have condo in toronto, bacolod and manila, lahat ay kumikita ng malaki. Location po ang pinaka importante na isa alangalang sa pagbili ng condo. Like SMDC properties,
@@itznix158 hello po. Yung mga condo nio sa mga binanggit niong lugar, meron po ba jan na sa foreclosed o secondary market nio lng nabili? O yung rfo agad? If yes, yung kita po b ninyo is mas mtaas nman kesa sa binabayad nio in total monthly? Kasi parang ganun lng sya maappreciate na mganda nga ang condo bilhin if mas mtaas ang kita mo kumpra sa binabayad mo monthly for such condos. Like gnagawang staycation
If you are a wisebuyer you should not buy a 😢😢😢😢condo bakit malaki rin ang gastos sa membership fee mentinance mahal ang tubig hindi pwede mag ingay mag pukpok 😢😢😢😢 tapos delikado pa sa lindol at sunog no to condo be a wise buyer po😅😅😅
Mostly for investment & passive income😅 thats the purpose
Tama kya tubig mahal at kuryente mhal din dues puru stress 😅
No it’s not
from my experience not worth it
Ano yung secondary market?
Secondary market means yung bibilhin mo na unit is from a condo owner instead of buying from the developer itself.
Worst developer: NSJBI, ang pangit ng units, low quality, ang onte at liit ng elevator sa sobrang dami ng units, sobrang tagal ng turnover- yung sakin 8yrs na nganga pa din.
Anong project po yun Sir.
New San Jose builder ako kmuha dmi problma lgi cra elevator
Maganda ba ang dataland na developer? Salamat sa sasagot
Pag nasa abroad ka pa airbnb mo pag uwi ka ng pinas tirhan mo!
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