When young and able by all means live far away and drive all you want. But as we grow older, driving becomes a chore, so does hiring and maintaining a driver....so living in a condo makes a lot of sense and convenience..but only in a major CBD. As you grow older it becomes a pain to drive each time you suddenly like to get a massage, watch a movie, go to a coffee shop, lounge in a hotel, just see what's in a convenience store, get an ice cream, grab a beer and listen to live music or a comedy act, just anything to enjoy yourself and beat loneliness of being alone. That to me is what condos can offer....but location, location, location is the most important thing to consider. Of course, if possible it's best to keep both a house and lot and a condo!😊 If possible 🎉
One major flaw of condo or any subdv is its HOA and monthly fees, its like renting din ung cost... if you are starting in investing, this is not a good option,.,,. buy farm land or a house and lot that is not within subdv., ofcourse location is key... these are the things you need to consider.... maintenance cost,, should also be factored in your investment esp if you are not using it... also very competitive ang condo rental and ABNB ngyn...
Condos today offer no benefits in the Philippines due to oversaturation, lack of open space, the 50-year rule, and the HOA not even owning the land. Your HOA doesn't do certifications nor disclosure on sinking fund reserves. Plus you have to pay additional for a parking spot. Unless there is a fantastic ocean view and not looking straight down on shacks with people living in poverty or easy walking diatance to MRT or LRT, run away. It's a fools paradise. Land in the Philippines, if you can get past the scammers, is possible. As long as the drive is short or Grab is easily accessible and cheap, then it's OK. Make sure it's 1,000 square meters or more. However, security is better with condos, though you live in a shoebox. A house has a space bit, but you will probably be robbed a few times.
Di ako naniniwalang mas mataas ang siguridad ang condo kesa subdivision kasi meron condo na nagkaroon ng issue na meron pinatay o meron pinagtangkahan patayin, tsaka disadvantage ng condo ay pag nagkasunog o lindol ay mahirap tumakas at di mo maisasalba ang ibang gamit mo, di tulad sa house and lot na pwede mo ihagis sa labas ang mga mahalagang bagay para isalba, tsaka yung condo ay meron limit ang life span na pag umabot ng 50 years ay marupok na at di mo pwedeng baguhin, hindi tulad ng sariling lupat bahay na pwede mong itayo ulit o baguhin anytime.
From a utilitarian POV - umupa ka na lang long term stay sa isang hotel kesa bumili ka ng Condo - wala ka maintenance cost - full service pa while you are in working years. And better buy retirement house sa province nalang.
Condo has a constant cost plus condominium has depreciation. Yes they have better amenities which makes life easier. Pero condo is not advisable unless you are an end user.
Condos are great investments for Airbnb rentals. I own 3 rental houses in the US (rented monthly) and 3 condos in Makati/MOA all rented on Airbnb. Condos are very expensive IF you buy right now, but if you already own a condo the daily Airbnb rents in Makati/MOA are pretty good and I get a very healthy NET cashflow and high ROI.
hirap sa condo ang condo dues w/c is lifetime mo babayaran, ok lang ang condo basta strategic yong location pwede ipa rent or BnB etc., gusto ko sa province mag retire para marami akong maging outdoor activity pag tanda then yong condo ko is more on passive income nalang at pwede rin e benta in the future..
Paano maging Good Investment kung Mahirap iliquidate kapag Gusto mo na iliquidate,tska ang Maintenance Fee para ka na ding nagmomonthly ng House and Lot
@@odlanorirom hehe..yung binigay na Condo kay Yulo ay Maintenance free kaya un?kasi kung hindi ay sa Maintenance Fee at samot saring Fee din sya Yayariin non
@@makolelearnstotrade3744 ...oo nga noh...kung meron man, kakayanin naman yata ni Caloy...basta steady lang ung cashflow nya....pede kayang i-convert na lang sa cash(P32M) ng Megaworld...🤣🤣🤣
Now I am confused. Condos for me is a no no. But I get the condo argument. However, long term, this is not ideal. Buildings tend to get old and the ‘condo bills’ can add up. House and lot maybe a good option for passing it on but the leave and go option of a condo is very interesting.
@@jerometeluz exactly. access to services provided by the condo developer all adds up. what about security, repairs and maintenance? is that a monthly obligation?
With a condo, the property could be in a Foreignors name. With a house, the land is in Filipinas name and she can always create a fraudulent special power of attorney, get a copy of his passport, have it notarized, and sell the house from under the foreignor, take all the cash and run away. So which is the better option again?
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
I beg to disagree, YES tama sa Metro Manila WALA ng lupa, kaso HNDI ata nya alam na may Metro Cebu malaki pa sobra ang lupa para idevelop ang buong Metro Cebu,
When young and able by all means live far away and drive all you want. But as we grow older, driving becomes a chore, so does hiring and maintaining a driver....so living in a condo makes a lot of sense and convenience..but only in a major CBD.
As you grow older it becomes a pain to drive each time you suddenly like to get a massage, watch a movie, go to a coffee shop, lounge in a hotel, just see what's in a convenience store, get an ice cream, grab a beer and listen to live music or a comedy act, just anything to enjoy yourself and beat loneliness of being alone.
That to me is what condos can offer....but location, location, location is the most important thing to consider.
Of course, if possible it's best to keep both a house and lot and a condo!😊 If possible 🎉
What is the worst property to buy: ua-cam.com/video/tI4pnuoLbAU/v-deo.htmlsi=Wduv48VJ_gcQQv1o
One major flaw of condo or any subdv is its HOA and monthly fees, its like renting din ung cost... if you are starting in investing, this is not a good option,.,,. buy farm land or a house and lot that is not within subdv., ofcourse location is key... these are the things you need to consider.... maintenance cost,, should also be factored in your investment esp if you are not using it... also very competitive ang condo rental and ABNB ngyn...
Condos today offer no benefits in the Philippines due to oversaturation, lack of open space, the 50-year rule, and the HOA not even owning the land.
Your HOA doesn't do certifications nor disclosure on sinking fund reserves.
Plus you have to pay additional for a parking spot.
Unless there is a fantastic ocean view and not looking straight down on shacks with people living in poverty or easy walking diatance to MRT or LRT, run away. It's a fools paradise.
Land in the Philippines, if you can get past the scammers, is possible.
As long as the drive is short or Grab is easily accessible and cheap, then it's OK. Make sure it's 1,000 square meters or more.
However, security is better with condos, though you live in a shoebox. A house has a space bit, but you will probably be robbed a few times.
Di ako naniniwalang mas mataas ang siguridad ang condo kesa subdivision kasi meron condo na nagkaroon ng issue na meron pinatay o meron pinagtangkahan patayin, tsaka disadvantage ng condo ay pag nagkasunog o lindol ay mahirap tumakas at di mo maisasalba ang ibang gamit mo, di tulad sa house and lot na pwede mo ihagis sa labas ang mga mahalagang bagay para isalba, tsaka yung condo ay meron limit ang life span na pag umabot ng 50 years ay marupok na at di mo pwedeng baguhin, hindi tulad ng sariling lupat bahay na pwede mong itayo ulit o baguhin anytime.
Meron pa inside job pag alam nilang hindi mo binibisita condo. Tatamabayan pa 😅
From a utilitarian POV - umupa ka na lang long term stay sa isang hotel kesa bumili ka ng Condo - wala ka maintenance cost - full service pa while you are in working years. And better buy retirement house sa province nalang.
Good point, here's a video on how it can be passive income - ua-cam.com/video/7lzfiw4xEqk/v-deo.html
Condo has a constant cost plus condominium has depreciation. Yes they have better amenities which makes life easier. Pero condo is not advisable unless you are an end user.
🤭 ❓
@@realtalkrealestatetv2526 may mali ba sa sinabi ko?
Condos are great investments for Airbnb rentals. I own 3 rental houses in the US (rented monthly) and 3 condos in Makati/MOA all rented on Airbnb.
Condos are very expensive IF you buy right now, but if you already own a condo the daily Airbnb rents in Makati/MOA are pretty good and I get a very healthy NET cashflow and high ROI.
hirap sa condo ang condo dues w/c is lifetime mo babayaran, ok lang ang condo basta strategic yong location pwede ipa rent or BnB etc., gusto ko sa province mag retire para marami akong maging outdoor activity pag tanda then yong condo ko is more on passive income nalang at pwede rin e benta in the future..
Panget Condo, yung room lang ang sayo hindi ang lupa.. at pag nagka sunog, possible damay-damay na.. katulad nung sa London daming namatay. 😢
Your condo unit is yours in perpetually. When it comes your disasters like fire, eartbquakes that is why you pay for insurance..
Interesting point.
Insurance, true
Sainyo rin yung lupa thru Condominium Corporation.
Paano maging Good Investment kung Mahirap iliquidate kapag Gusto mo na iliquidate,tska ang Maintenance Fee para ka na ding nagmomonthly ng House and Lot
...un din iniisip ko eh...may binabayaran ka pa ring monthly...
@@odlanorirom hehe..yung binigay na Condo kay Yulo ay Maintenance free kaya un?kasi kung hindi ay sa Maintenance Fee at samot saring Fee din sya Yayariin non
@@makolelearnstotrade3744 ...oo nga noh...kung meron man, kakayanin naman yata ni Caloy...basta steady lang ung cashflow nya....pede kayang i-convert na lang sa cash(P32M) ng Megaworld...🤣🤣🤣
HOA fee is cheap... i cover that from 1 night AirBnB rent...
Di sinagot ang tanong! 😭
Now I am confused. Condos for me is a no no. But I get the condo argument. However, long term, this is not ideal. Buildings tend to get old and the ‘condo bills’ can add up. House and lot maybe a good option for passing it on but the leave and go option of a condo is very interesting.
Di pa kasama parking may bayad yun 😅.
@@jerometeluz exactly. access to services provided by the condo developer all adds up. what about security, repairs and maintenance? is that a monthly obligation?
With a condo, the property could be in a Foreignors name. With a house, the land is in Filipinas name and she can always create a fraudulent special power of attorney, get a copy of his passport, have it notarized, and sell the house from under the foreignor, take all the cash and run away.
So which is the better option again?
How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency, stocks, through the assistance of my discretionary fund manager
Mrs Nancy Williams Laplace
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
This is correct, Nancy's strategy has normalized winning trades for me also and it’s a huge milestone for me looking back to how it all started..
Nancy is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
I beg to disagree, YES tama sa Metro Manila WALA ng lupa, kaso HNDI ata nya alam na may Metro Cebu malaki pa sobra ang lupa para idevelop ang buong Metro Cebu,
House...
What ? Tycoons live in a condo? 😂😂😂. Ang alam ko nakatira cla sa mga exclusive subdivision katulad ng Forbes park…
Kung may pera ka ok yun
House?
Sus. Kanya kanyang trip lang yan.
Ano na nangyari kay Marvin Germo bakit bumata itsura, nagpa Vicki Belo ba yan?
He took on an early retirement to spend time with his daughter - ua-cam.com/video/WYq97W8JtnU/v-deo.htmlsi=1sf0t_cYG3hNnpsM
Wala nang gumagawa ng land? sa mga probinsya yung mga palayan binebenta as lote po!
paano mo nasabi karamihan na ngaun na educate na, nadala na sila sa Covid..manood ka ng Agribusiness how it works