Apartment/house rental business

[rst619]

hey advice ko lang is consider mo maigi ung location ng appt mo and the type of people na maatract mag rent. Dun mo din dapat ibagay sukat ng unit. Malaking bagay kasi ung surrounding houses/structures sa appt mo kung upscale ba, mid-price o low cost ang appt na dapat mong pagawa.

[7391N]

yep! pero di pa tapos yun website... hehehehe... actually si theveed yun gagawa...

may isa pa kaming company (subsidiary) ito yun link ... http://www.geocities.com/bcfae

thanks for the link. ang dami nyo na palang projects a!

I think its a good long term investment.

landlord namin has over 25 units in the same village, each pays approx 8K a month, PDC for 1 year, etc...

usually naman kung maayos yung landlord maayos din naman tenants. The shorter the required tenure, the larger the chance na bababuyin yung lugar.

what does PDC mean? ako din prefer ko one-year, basta merong contract para black and white.

hey advice ko lang is consider mo maigi ung location ng appt mo and the type of people na maatract mag rent. Dun mo din dapat ibagay sukat ng unit. Malaking bagay kasi ung surrounding houses/structures sa appt mo kung upscale ba, mid-price o low cost ang appt na dapat mong pagawa.

thanks for the advice. i'll keep that in mind. yung lot pala namin ay malapit sa local airport dun sa province namin. ang target market namin ay mga foreigners, pero kung merong mga family na maayos ang income, ok din

[CLAVEL3699]

business nang family namin yan we have apartments and building [ office space and commercial ] for rent.

bagal nga lang nang ROI pero sigurado ka at long term investment.

[creepy]

what does PDC mean?

Post-dated check

[7391N]

again, thanks for the replies, guys. marami akong natututunan. keep 'em comin'

i've another question: what are the questions that i should ask when screening the prospective tenant? nakakahiya siguro pag masyadong ala-boy abunda yung mga tanong hehe. any tips?

[van_wilder]

1. ilan kayong titira?
2. gaano katagal niyo balak tumira?
3. saan kayo nakatira dati?
4. rent ba or kayo may ari?
5. bakit kayo lilipat?

wag kang mahiya magtanong... bahay mo yan eh...

[mavs]

query, waiting for reply.
magkano expenses kapag yung steel roofing (129sqm.) gagawing concrete slab roofing? expenses sa Labor? sa materials.
para sa may mga idea sa estimate how much?

[_Cathy_]

We don't have a rental business but my question is kinda similar. My Uncle is renting our house and we gave it at a very good price. Previously kasi my Lola was paying a caretaker to stay in the house (all utilities shouldered by Lola) so now at least profit kami instead of expense. Anyway, my Uncle renovated the place and he gave us the accounting, I almost fell off my seat. Na shock nga ko I thought he'd do that for free kasi the rent is so LOW. He said that expense can be deducted from the rent so he only pays half OR he pays no rent until the amount is covered

50% of rent = 10 yrs for us to pay!
100% of rent = 5 yrs

My Uncle wants to buy the house kasi but we refused. I think he was hoping na he could deduct the renovation cost sa selling price

Now I don't know if we'll go for the 5 yrs or 10 yrs?

[kagalingan]

^
honest accounting?

[_Cathy_]

^
honest accounting?

I suppose but all the receipts are included naman. We'll have the CPA husband of my Tita check it

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