Apartment Business Tips | Magkano ang Kita sa Renta sa 5 Taon | Retired OFW
Вставка
- Опубліковано 8 лип 2024
- Magkano ang Kinita namin na Renta sa 5 Taon | Apartment Business Earnings Over Five Years | Retired OFW
"Magkano ang kita sa Apartment?"
TIMESTAMPS/CHAPTERS TO GUIDE YOU:
0:00 Intro
01:30 Background of our Apartment: Year it was built, Size, # of Units
03:06 HOW MUCH have we earned in 5 years?
04:08 FIVE reasons why our income significantly decreased in 2020-2021
08:45 Comparison of potential Income during "Normal Period" vs Pandemic Period etc
11:20 When will be recover our investment? ROI
12:29 Is an apartment business a good income source during a pandemic?
13:44 Passive Income and other perks of an apartment business
15:29 Income for the next 15, 20 years
______
This November 2021, we celebrated the fifth anniversary of our Apartment. Time indeed flies fast! We started our build in January 2016. My husband Abet and I were still in Dubai and we hired a contractor to do the job for us. Our Apartment is a two-storey residential building with 5 units. We have two 2-bedroom units on the ground floor and three one-bedroom units on the second floor.
In this video, I shared our income over the last five years. Please note that there are a lot of factors that affected our income. We enjoyed full occupancy over the first three years. During the pandemic, we left one or two units vacant for personal and family use. We also had to close one unit in October this year because we have to replace the roof.
Please note that our apartment is in Puerto Princesa City, Palawan. Our rental rate is lower than the rates in Metro Manila and other bigger cities. If you have a condominium unit, your rental income is naturally higher depending on your location, unit size, etc.
Hope you find this video helpful! :)
Thanks for watching!
JaBet :)
VIDEOS MENTIONED:
OUR STORY: HOW WE STARTED AND FINANCED OUR APARTMENT BUSINESS: • STORY TIME: How we Sta...
OUR APARTMENT TOUR:
• Apartment Business Tip...
OUR GOING HOME "FOR GOOD" STORY:
• Going Home "For Good" ...
HOW WE COLLECT RENT:
• Apartment Business Tip...
APARTMENT BUSINESS Q&A:
• APARTMENT BUSINESS TIP...
APARTMENT BUSINESS TIPS PLAYLIST:
• APARTMENT BUSINESS TIP...
NOTE: We understand that now is not the most ideal time to build an apartment because of the pandemic. Cash is hard to come by and getting a mortgage is equally hard with all the job cuts and pay cuts happening around us. But I hope you will still watch so that you can have an idea and PREPARE IN ADVANCE in case you would like to build your own apartment in the FUTURE. We're free to PRAY, DREAM and have a vision for our future anyway, the virus has NO say in that.
#ApartmentBusinessForOFW #TipsInBuildingApartment #ApartmentBuildingTips #ApartmentBusinessTIPsPhilippines #LandlordLife #OFWinDubai #HowToGetFullCapacity #PassiveIncome #HowToScreenTenants #OFWPassiveIncome #TipsForLandlords #RetiredOFW #HowToTurnOverNewApartment
#ApartmentTurnoverChecklist
-----
PABILI NG LUPA SERIES: An OFW's Foolproof Guide to BUYING Residential Land
🎥 bit.ly/2J6FX2Y
Here's our Weeks 1-4 progress:
🎥 bit.ly/3cK9jxw
Why I Stopped Working as an OFW:
🎥 bit.ly/2XHiM4e
My Dubai Experience as an OFW:
🎥 bit.ly/2PgesUs
What OFWs can Learn from the Covid-19 Crisis:
bit.ly/2XeOx4h
📧 Email me at: poncedeleonjc@gmail.com
📱All videos shot using Samsung Note 9/10, DJI Osmo Pocket. Edited using Kinemaster.
Yehhh new video one's again ❤️
Nice topic sis abangan ko next☺️
I've always wanted an apt. Business. Thank you for this channel that's giving me so much enlightenment. ❤️
thank u po sa channel nyo maam currently po nag papagwa 6 units aparment na inspire po ako sa content nyo
Thank you ma’am for sharing your experience with rental business. God bless us!
Thank you Mam. Very inspiring and your honest thoughts is amazing. I am an OFW din po and one of our dream is to have the same source of income. God Bless po.
Very useful and detailed sharing of information! Nice consideration with your tenants during the pandemic. Great content! Thanks for sharing. God bless!
Alam niyo po, ngayon lang namin narealize after we watched your vid, ofw din po kami at first wala po kaming plan yon nga, family lagi then saka na Ying kami then wala kaming concrete plan until nakita namin ang vid niyo... hopefully after 3 yrs makapagpagawa kami sa batangas, ang lupa namin Don is nasa 300 sqm lang pero napanood Namin sainyo pwedeng pwede pala.. thanks thanks po tlga, after 3 yrs next project namin Is apartment...😊 Godbless po sainyo...
I like the way you discussed about your economics ma’am 😅❤
Hi po ate janice 🤗 another Lifesaving nanaman po ang aking matotoonan today❤️ Godbless your heart ate janice 😘
Yes yes. Natagalan ito pero nagsakto lang sa 5th anniv. At least may data. Praise God!!! 😊
God bless you too sis! 🥰
Hello Madam,Very interesting topic.thanks
God bless us all.
Hello po! Bago po ako sa chanel nyo. This is the very first chanel I found when I was looking for informationon how to start an apartment rental business, and I get hooked as there are so many loads of good information. Thank you! 😊
Since I am new, I only watch a few videos. I know you guys are a contractors but not sure where you guys are based from . Thank you.
Hi ma’am… m planning to retire soon… your channel is very good…
Thanks Ma’am for the info, sana maging successful dn ang papasukin nming apartment business, pls pray for pur success start po kmi ng construction sa December 8...Tnx for the motivation ❤️🙏
Hi Roselle! Naku sorry for the late reply. Ngayon ko lang ito nakita. May the LORD bless your build! Eggciting yan! Message lang if you have questions ha. 🙏🙏🙏
Thank u Janice,mga magkano ba Ang tamang renta sa studio type na may sukat na 20 sqm w/ 1 bedroom.malapit kami sa commercial area.Thank u so much Janice, I like the way u explained it all.GOD bless u always.
me too im planning to have an apartment business someday in GOD'S WILL I KNOW HE WILL GIVE ME THIS KIND OF BUSINESS. THANKS FOR SHARING AT LEAST I HAVE AN IDEA
Meron nakong 10 doors hopefully mag success
wow nice mam, may i ask if how much per month po ang rent sa apartment nyo po? and how big po per sqm bawat apartment?
Hi Janice , am your new follower , at na watch ko lahat ng vlogs mo, at nag ka interest ako na mag karoon ng apartment business when i get retire dyan s PH, thanks so much s pag share mo ng experienced mo,
Maraming salamat din po! :) May God bless your plans!!! :)
Tnx po sa info god 🙏 bless po
Our pleasure! Thanks for watching Joel!
Wow galing madam!
Almost ROI na in 5 years lang. That is actually quick with low risk compare to other business. Plus super passive pa. Ang galing! Thanks for the educational content. Please keep it up!
Hindi Siya low risk mas Lalo hindi passive income...kasi may mga tenant ka na sisingilin, parang nagpautang ka ng pera make sure na makakabayad sila monthly kaya hindi sya passive Kasi kailangan talaga trabahuhin mo Kasi ikaw pa ang sisingil maliban nalang kung madami kana building at maghire ka ng collector yon hayahay na Buhay mo monitoring ka nalang
@@mrclayteevee agree minsan tatakbuhan nakalock pintuan yon pala wala mg nakatira haiiissstttt.
Hi po, mam ask ko lang anu po mas advise nyo to buy yung apartment bldng na ready for occupancy na bale 2nd hand po used na sya for ilang years or yung bibili po ng lupa then kami na po magpapagawa ng apartment which is medyo matrabaho po..thanks po..
Ms Janice, sa P2.8M na expenditures ilan floors and rental units nyo. Ano ang lot and floor areas?
Maganda talaga apartment business slowly but surely ang kita and hindi lang apartment ang kumikita ang lupa mismo tumataas so dika talaga lugi kasi may apartment kana tumataas pa ang lupa and pwedeng ipabenta👌
This is true po. 😊
I love your channel, I’m planning to retire in 5 years and thinking to invest with appartment business. You are such a huge help and so informative. Salamat kabayan and keep up the great work!👍🏽
Real estate business po Yan...mas maganda Kung may commercial space ka din tapos apartment sa taas...
Thanks for sharing your journey. Very insightful 😊
Additional topic/question:
In your opinion, is it still worth it to invest in an apartment even though ang projected monthly gross rent collection is not enough to cover the full amount of your monthly amortization?
Tips on figuring out how much to pay a part time care taker vs a full property manager (care taker na sya, leasing coordinator etc rolled in). Kung baga sya mag asikaso ng apt business since as OFW wala ka to personally handle it.
And lastly, if we are to construct kahit wala kami sa pinas. Syempre we will hire the best constructor na sa tingin namin mapag kakatiwalaan. Ganun pa man, gusto rin namin sana may 3rd party na magchecheck ng quality as the construction progresses. Meron bang ganung service for hire?
Salamat sa time mo sumagot. Wishing you more blessings!
Ma'am ung step by step kung paano po kayo mag pintura ng wall at kisame ay hindi ko na po makita dito. Pwede po ako mka hinge ng link. Thank you.
Request po: Pwede nio po ba magawan ng interview session si Kuya Paeng? sa mga experience nia mam at iba pa. Salamat po!
Hello! Sige po will ask Kuya Paeng kung okay sa kaniya 😊. Good idea. Thanks for the suggestion! 😊
Ano po yung property insurance na kinuha niyo? Thanks
How much po ba bayad nyu sa caretaker? Curious lang po kung mgkano if ever kukuha kami.. Thanks
Ms Janice pls pray po..my goal is to build 10 units this 2022. I’m so inspired po sa inyo ni Abet.☺️
Wooooohooooo!!! Go Nerissa!!! Will be praying with you! Hmmmm, isip din ako ng video for this specifically ha baka makatulong. Sobrang nakaka-excite naman!!! 🥰 rejoicing with you!!!
@@PausePraySimplify thank you ☺️
Hi mam, Good day! New subscriber nyo po fron Brgy Tiniguiban PPC, planning to have a apartment business someday, mam pwedi po kaya 10 doors sa 150sqm na lot, bale 2 storey po sya, 5 doors per storey,?
Ano po mas maganda rental business ma'am condo rental or apartments po
how much capital is needed? i am from USA plan to get into real estate investing in Ph
May marerefer po ba kayong contractors sa manila?..na reliable sa pag build ng ganyan rental property
Meron po akong lupa sa laguna pinag iisipan kung apartment 146sqm magkano kaya magagastos
Be direct to the point
Hi Maureen! Soooo so sorry to have wasted your time. ✌ If it helps, the point you're looking for is at the 3-minute mark (straightforward answer). I just did a comparison in the 8-minute to 11-minute mark.
I have taken the liberty to put here the timestamps/Chapters to guide you in case you're still interested:
0:00 Intro
01:30 Background of our Apartment: Year it was built, Size, No. of Units
03:06 HOW MUCH have we earned in 5 years?
04:08 FIVE reasons why our income significantly decreased in 2020-2021
08:45 Comparison of potential Income during "Normal Period" vs Pandemic Period etc
11:20 When will we recover our investment? ROI
12:29 Is an apartment business a good income source during a pandemic?
13:44 Passive Income and other perks of an apartment business
15:29 Income for the next 15, 20 years
As you may see, I couldn't blurt out everything in one go as I had to give context as to why we haven't recovered everything yet thanks to the pandemic.
Thanks for watching! Apologies again 🙏
What's the name of the construction company u hired?
50/50
Hindi naman kailangan Ng ROI sa business na yan, Kasi lifetime napo yan na kikita ka
How much po yung rental per unit niyo po?
Had to replace the roof after a few years!??!
Hello po mam and Sir!May tanong lang po ako regarding po sa parking lot for apartment business totoo po ba na kapag may 10 doors apartment ka kailangan din ng 10 parking lot?
Hi. Possible po yun. Depende po yun sa rules ng HOA (if inside subdivision) or sa LGU nyo.
Magkano ba rent nila ?
Pede po makita ang design ng appartement nio balak ko kc magpagawa din ng 5 door apartment. Thanks
Thanks for watching! :) We have a video on that po. Here: ua-cam.com/video/adC604pehE4/v-deo.html
hi po ma'am, may video po ba kyo ng location ng Appartement ngo? salamat po
Hi Kuya Norms! Good morning! Parang wala po akong video sa location mismo ng aming apartment.
But I mentioned it here sa experience namin sa pagbili ng Lupa sa Timestamp na 5:09 - 6:15
ua-cam.com/video/Hjq2M7_FciQ/v-deo.htmlsi=u0-VkOl1x5gtuFuO
We also have these videos baka makatulong:
⭐️ 8 Tips for the Best Lot for an Apartment Business
ua-cam.com/video/wmUiL6tMo1Y/v-deo.htmlsi=Bed0oSrwhxK6vNda
⭐️ Our Apartment Tour:
ua-cam.com/video/adC604pehE4/v-deo.htmlsi=1Q8JlQ9V1_6IYgM-
- Paano Magtatagal ang Tenant Mo (Included po dito ang Location)
ua-cam.com/video/Dtst0B_AvUY/v-deo.htmlsi=94sYXp0hB17ySaCC
Thanks for watching! 😊
Mam thank you. Very informative po. Galing din po ako dubai. Napauwe ng pandemic. Magkano po total expenses nyu pagpapagawa ng apartment. Total po?dapat po kz me loan din ako sa adcb bank e
Yung akin in 6yrs recover na ang pera ..kaya lang house in lot...1yearly contract ginawa ko..dahil near sa company at mall area..sa mga hospital paglabas yun na agad....noon may takot ako bilbin gubatan pa...
House and Lot sa subdivision pinapaupahan mo? Pareho tayo 54 sqm lot area 2 storey house pinaupahan ko
So long did your roof/ceiling last until it needs repair?
Hi Frank. The roof was poorly done by the contractor from the beginning. They did not seal the gutters and there were other issues with the slope from then on. They kept "repairing" it but to no avail. Eventually, the roof became rusty. So it took only 4 years for parts of roof to start leaking excessively. Then we replaced everything on the 5th year.
🙂🙂🙂🥰🥰🥰
hi ate hehe ako target ko 3 years para mabawi kona
Go sis! Kaya yan! 💪 kung pwede kayo na mataas ang rent sa area, go ahead. And ayusin agad ang kailangan irepair if meron para di mabakante.
Wala kasi kaming plano for ROI before. Basta nagtayo lang kami. Pero maganda ang goal mo! Go lang! 😊🥰
Hello po, tanong ko lang po sana kung magkano binayaran nyo s bir at business permit at quarterly b pagbabayad nyo s bir at magkano? Thanks po kung ito po ay inyong masagot.
Hi Renier! Paki abangan po next video natin. Diniscuss ko doon. 😊
@@PausePraySimplify ah ok cge po salamat.
Kapag bank to bank na yung bayad ni tenant, hindi na ba kayo nagrerequire ng PDC?
Hi Jane! Dito po sa Puerto hindi na po kami nagrerequire ng PDC kasi madalas wala ang mga tenants nun. Sa Big Cities like sa Metro Manila required yun sa mga condo kasi madalas mas mataas ang risk magparenta doon
Ilan po unit apartment yan? And now po if we are to compute how much napo ang apartment ganyan po?
Hello Lili. Bale mga 2.3M ang building na yun nung 2016, plus fence and gate and other improvements 2.8M By now more than 3M na ang building if ngayon ibi-build.
Maganda po ba mag bank financing sa pag pagawa ng apartment?
Hi Rain! Hmmm, depende yan sa bangko. Sa amin, nag personal loan kami sa Dubai para maipatayo ang apartment. The rest kinuha na namin sa sahod namin. I shared our story here:
ua-cam.com/video/AciExYDxj0M/v-deo.html
Di ko pa natry mag bank financing dito sa Pinas so I really won't be able to give accurate info. Sorry ha.
Good day po,,,ask ko sana po kaya ba 100 sq.m gawan ng apartment .?
Mam di po b kayo naghahanap ng caretaker sa manila po? Thanks po mam
Hi Mark! Ah hindi po kasi taga Palawan po kami.
May tanong po ako magkano po ang BIR NINYO ilang percent po
Hi! Next video po. Paki abangan.😀
Mam, how much rent per unit ninyu?
Hi! Thanks for watching! Bale iba-iba ang rent depende po sa kung ano ang ipapadagdag ng tenant. May choices kasi na furnished, semi-furnished, 2AC, bare, etc po depende sa need ng tenant. Dito po kami sa Palawan so medyo iba ang rate sa ibang lugar. Pero basically ay may Php11k, 10k, 9k, and 6k.
Maam gaano po kalaki ung total lot area ng apartment nyo po...
Sa apartment po namin ang tinayuang lupa ay 212sqm.
Lahat ng unit kinabitan ninyo ng aircon?
Yes po. May isang 2-bedroom unit din na 2 ang aircon by request ng tenant.
Yes po. May isang 2-bedroom unit din na 2 ang aircon by request ng tenant.
@@PausePraySimplify salamat po. Sa channel ninyo malaking bagay at tulong po sa akin dahil yan din po ang future plan ko
Saan Lugar po ang paupahan nyo? Sa probinsiya ba?
Hi Joseph! Yes yes, Puerto Princesa City, Palawan.
Mam how much po rent sa 1st flor nyu?
Hi Boydreamer! 😊 1st floor po? Ah you mean 1-bedroom? So nagvavary siya depende sa need ng Tenant. May 6k na 1-bedroom, then may 9k and 10k na 2-bedroom if unfurnished, meron ding 12k.
@@PausePraySimplify salamat po info
Saan location ng property mo sis?
Wescom Road, Puerto Princesa, Palawan sis.
Madam kung 9 na pinto aprtment. 6 pinto - 6k
3 pinto - 4k
Magkano dapat ipasahod sa caretaker? Nirereading pa kuryente kc submeter. Mgkano po ipasahod sa caretaker?
Hello! It depends on your agreement po. If he is stay in and has to act as a cleaner, security, manager etc, then pay him a full day's wage. Depende po sa usapan niyo.
If he doesn't live there but does tasks from time to time, considered part-time job po siya. So talk about how much he needs to earn on a part-time bases. That may be 3k to 5k per month, or 5k to 8k depending on your location, up to you po. Basta mahalaga nag-agree kayo parehas.
Hi maam hm po 1 unit for rent sorry for asking my question
Hi Sheila! Thanks for watching! Bale iba-iba ang rent depende sa kung ano ang ipapadagdag ng tenant. May choices kasi na furnished, semi-furnished, 2AC, bare unit etc depende sa need ng tenant. Dito kami sa Palawan so medyo iba ang rate sa ibang lugar. Pero basically ay may Php12k for furnished, 10k, 9k, and 6k. 1month advance and 1 month security deposit. Thanks for watching!
Ang bilis nmang makabawe ang mahal siguro ng apt mo
Praise God po! Praise God talaga. HIndi pa po kami bawi, malapit pa lang awa ng DIyos. Kung hindi siguro nag-pandemic okay na po sana. But anyway, ang renta po namin ay may 10k, 9k at 6k depende sa unit and need ng tenant. :)