from an investment standpoint, the condo is the best choice in the urban setting. but personally, i'd choose a townhouse anytime because that's still something you can get for 4-6M. Mel sounds good, especially if i close my eyes :D
Condos value doesn't go up even after 10 years. The property isn't yours, just the unit. buy a townhouse instead. everything is yours and the value goes up.
Condo is a never a good start up investment for newbie investors for the following reasons, it requires a high capital (it will cripple your budget if you fail to factor it into your expenses), it is difficult to liquidate (real estate properties are difficult to sell) and return of investment will take forever. Majority of OFWs are being lured into getting one because the salesperson say it is a "good" investment when frankly speaking, it is not.
Wiley Coyote Condo really isn't a great investment for anyone, over a house or even a town house if you going to use it as a rental property. The prime reason for a condo is for a person to use it as a stepping stone from an apartment. In an apartment, you lose rent $$$ forever, in a condo, you eventually get some of the money back when you sell.
Renting is still a better investment...If you own, you sink cash in and still pay interest, if you rent you pay monthly and can invest your money and EARN money, especially in a BDO or China bank, UITF
from an investment standpoint, the condo is the best choice in the urban setting. but personally, i'd choose a townhouse anytime because that's still something you can get for 4-6M. Mel sounds good, especially if i close my eyes :D
Ako I prefer condo hindi sakit sa ulo ang maintenance at garbage collection and may security ka rin. Bawal pa ingay sa units kaya peaceful
Learned A LOT on this Episode! Thanks ANC!
That was great advice.. very knowledgeable individuals..
Laumar Foster &$
Condos value doesn't go up even after 10 years. The property isn't yours, just the unit. buy a townhouse instead. everything is yours and the value goes up.
very correct & very good point.
The land that the condo is erected on is owned by you but shared equally with the other homeowners.
Guest did not even answered the questions. Very generic responses.
Condo is a never a good start up investment for newbie investors for the following reasons, it requires a high capital (it will cripple your budget if you fail to factor it into your expenses), it is difficult to liquidate (real estate properties are difficult to sell) and return of investment will take forever. Majority of OFWs are being lured into getting one because the salesperson say it is a "good" investment when frankly speaking, it is not.
Wiley Coyote true
Wiley Coyote Condo really isn't a great investment for anyone, over a house or even a town house if you going to use it as a rental property. The prime reason for a condo is for a person to use it as a stepping stone from an apartment. In an apartment, you lose rent $$$ forever, in a condo, you eventually get some of the money back when you sell.
Wiley Coyote thanks for your nice inputs.
what life will i end up
Renting is still a better investment...If you own, you sink cash in and still pay interest, if you rent you pay monthly and can invest your money and EARN money, especially in a BDO or China bank, UITF
Very informative
never answered the questions
Just give your fucking opinion! your always giving us 2 ways to go. just pick one!
mas safe pa yata mangupahan na lang para wala ng sakit sa ulo
Ehhh? That's it?? The guest's answers clearly lacked substance. Very disappointed.
The host looks like Rico Yan :-)
The host is cute
great idea