HOW TO MAKE MONEY FROM CONDO INVESTING?

do you suggest to people a Quanah hi oh hey bong pre-selling or wait for it since rental awesome there's a big argument about is that if it's valid mmm if you get it pre selling tool again three four years Lisa V getting something Papa's nah vitamin-a a parent card what what what can you share to people about that in here 10 years experience what's the worst appreciation that you've seen nah Vindico at the start back up and over I think we know how much increase and then what's the best what's the best numb and long-term wise the return is higher when you're investing into estates or what we call townships hmm I think the potential is there people see that in the future this place will really you know grow even if right now Majo a la Habana fajita Robin Appa Machado Donna pupunta but they see the track record of the developer that's doing it and they know that what will happen in the next 5 10 15 years down the road mala same potential when your purpose is just to rent it out I don't really suggest to really spend a lot okay on the property because I have clients in the pass who we did that stay spent for a studio flat they spent 1 million grow up was only to find out in even you know furniture appliances new machado de luca and zebra so in terms of prime minister of the area number one telugu Mahad people would say pgc but for me it's really Marathi if you're gonna go further away where will you pick alabang area a new Valley area the evo city or Vermont's a major growth that's not your primary business districts no no yes in this video we talk about the things that you need to know before buying a condo what are the pros what are the cons and how can you leverage it so that you can make more money with your condo so check this video out hi guys I'm inviting you to come to Ikon 2019 in Davao November 30 so see you all there it will be a one-day event all about investing all about making your money work hard for you so link down below hi guys we're with Ramon King real estate is a expert practitioner how long have you been in the real estate market 10 years 10 years already 10 years talking about real estate and then use exposure in condos and property so what we're gonna do we're gonna do something different this time he's gonna turn us in this condo and while he's stirring us we're gonna talk about how he can make money via condos and how do you how probably can differentiate also different things that things that you guys were asking via social media all right yeah I think so as we as we go through this now if we go to this walkthrough can you if I'm any first-time investor in real estate what are the few things that I need to consider as I go through condos and as I start to explore opportunities to make money off of it yeah first of course is you have to consider your profile also if you want to invest for the purpose of your own personal use or for investment maybe for capital appreciation or passive income because certain condos will give you that particular terminal or miss mukundan Kiba versus others so if for example you're living in Quezon City and you work in Makati of course the commute is two hours Gazeta so if you want to make your life easier you want to be closer to your work you have but at the same time spend more time with your family then you may want to consider investing in that so these are the things that you want to consider number two is if the developer can say before you always talk about location location location but now it's different because developers know regardless of the location especially with a huge tract of land they can really transfer an area into a masterplan integrated mixed-use estate but do we mean by that so I don't a lot of components you have offices a business business side you have the residential the condominiums of course you have retail you also have leisure it not so yeah the gym you have the cinemas the mods everything that you need is there so practically one-stop shop Michelle Obama's one two more you live work and play there Andy what's the difference of I've seen some condos now stand alone on its built near probably Edson near the street versus something that's in a Township price-wise what's cheaper what's more expensive than appreciation wise what appreciates faster they're in our experience in standalone condos when they were not read event of percent that of course made you must mop up I embrace the litter hmm because you're not offering the full package it's a just stand alone but anti is really the accessibility because you're in Elsa but long turn wise the return is higher when you're investing into estates or what we call townships I think the potential is there people see that in the future this place was really in a grow even if right now major will happen at Akita I'm gonna pop Machado I'll know pupunta but they see the track record of the developer that's doing it and they know that what will happen in the next 5 10 15 years down the road mala same potential so the confidence of the market is there de pie so that drives the property prices to go up should people take into consideration also now because the people always complete the square meter of the condo that they're buying yeah should it be factored then also that because this one is in an integrated Township nummy hospital miss cool meanwhile yeah it should factor in the premium of that now Union Vina by our engineers a Hondo Mira yeah actually that make connection and a you have to identify your market so let's say you want to invest for the purpose of granting it out it's not enough that you just compute the first square meteorite okay Nakamura okay saguru tortoise Township dimension Numa so you have to check then casino by Obama pupunta don't say area neo it's a Township now do they have the copy capability to pay for the red of the property that you're trying to buy a bar so it's not just the square meters that you have to take into consideration you have to look at I take a look at the local economy what's going to happen in the particular area so the good thing about estates is that they provide everything so it telling like what I've said earlier different offering standard so from the affordable segment to the mean high end to the luxury segment complaint so that bad but amok working environment ethic you see you put in Amanda food stuff love divine in one company tears there I can find employees the managers and then the executive so you have to cater to all those three markets now what's interesting this condo looks pretty much dressed up already know it's it's amazing new interior Nia the way it's done the lights everything of course when people buy it it's not it's not in here yet there are yeah so for those cinnamon that you mentioned that you have to qualify it you have to know the purpose if you're getting it for rental or you're using it for for an use something that you will live in so for those who want to buy something for an investment to have it printed out what are the things that they need to consider when they look at the condo and probably the how much do they need to set as a budget for grand new 8 but I used on a certain of stumble so yeah so for a market Salvio when you're looking at the studio unit of course you eat a reject these are your PCI bus people or younger Palama when your purpose is just to rent it out I don't really suggest to really spend a lot okay on the property because I have clients in the past food with it that they spend for a studio flat expect 1 million whoa opposed only to find out you even your furnitures sciences dimensional data serie de ba so allah phenome renovation cost Allah in your deposit can only cover so much so you have to tread very wisely when it comes to that so I would suggest capacity with a budget of about 300,000 Wallenda noise but I'm in a time wedding going in defender in a legacy developer a shame a mullah developer stomach and enema turnover unit on in another game of furnitures in applying system MMO english' you don't have to repaint the walls you don't have to put wallpapers anymore in with a high Lama plug in a false ceiling so tell yourself so studios normally are being separated I guess it depends on the area where you're buying the studio by dr al what's up common price point for us to do and then what's a common also squared square meter itself follow-up that with another question also in a bit okay so for our particular market the studio flats would start at around 30 squared mm-hm in some areas it would go us make us 40 to 45 square like for example here in PDC our studios are a little bit bigger there ranging from 36 to 45 square meters we do much quality file and what what was the question again so the price point for that other product repair I have a question also from that know if it's a pretty thick square meter studio do you suggest that studio normally opened about well I'm well I'm dead room yes some people style in Allen and again mill and entire army yeah transform it to a one one bed one bedroom unit right is that advisable or is it better in us in studio shop make it like a hotel and a second honeymoon enough there were no Hara sir famous we're gonna be open enough coffee it's a alumni mannan lorentz to Joel and delegation okay and much more I mean space kappa gets open once you close it with a partition mm-hmm the unit will feel feel a little bit smaller when you're inside the bedroom with that partition and you must equip unlike of an open shot as free flowing again when mi mirror societies bus may Aleutian kind of a smaller in unison hmm and you can play along with a lot of storages when you do that so I stream and for the further studios that you that you would mention depending on in the area what's what's the lowest end and the highest end of the studio units for your particular development also in our development with range 30 square meters to do with range for about six million and then could go as high as and 11 million depending on the location okay we're here in BGC Metro as Madison crisis that in because it's a prime development it's already fully built up right now on tina luong you mama lobster independent event of fare you're pricing that ends my pasta so that the 30 square meters 11 million ready for BGC yes that's what the archives around no it's not 30 square be 36 huh okay archives around how much already first video studio ma it yeah okay then when you go towards it your parking area how much is it how much is not the market links would be a little bit lower now I see a smiley face but okay seven million mmm and now this is a good question yeah since partings is just starting out right do you say would you suggest people wanna hi oh hey bong pre-selling or wait for it since rental there's a big argument about this that if it's valid if you get it pre-selling to Logan three four years Lisa V getting something a push now why do you wanna shopper and got that wow what can you share to people about that actually depend there in Ian's liquidity modernize the financial capability okay because once you buy something red inna you have to a little bit higher okay because in terms of unlikely area but pre-selling predicament down a 10% la tapa so secondary market in ready for occupancy now the units you have to be minimum mia 20% mmm in some cases some banks would require you to put up a bigger equity depending on your financial capability okay so in your issue doing but of course you're right upon readiness Champlain matter final return card aha so he keep Hannah Hannah do it but advantage Herman officially assumed leverage you only put up 10% opposite upper thighs cup four four five six years down the road at zero interest mmm assume balance of any money peanuts about so you know having dinner Guam win no matter same value in property okay so we keep Anna in different of course but one trade over if you want to flip it on tin exposure more behind a Baraboo Palin is 50% 60% pick up aqua lipid perro - Athena some value no property but once you flip it in Elam 50% in return is all what we invested whether we were in the midst room now this is amazing all right yeah thanks for this measurement of you means room near a dito I have a question dear sofa do you suggest also that since they're buying it at peace ending prayer you suggest it's also more for flipping also I said Malaga appreciation and then here 10 years experience what's the worst appreciation that you've seen now with indigo at the start back up and over I think we normally think anything and then what's the best what's the best moment okay so for be sailing once you flip it that's also out with idea but they're over but in my experience the best way to do it is to it at least for another five years okay before you flip it what about Maxie Mike's what led you you have it an appreciation also what you can do Villa Capri sending and take a five years okay after he'll turn over then I'll turn over button Musha for five years so mental incapacity an average of six to eight percent depending on the project that was forget that was stood Chumley flip benefit and rental return the same time knock upon return on your capital appreciation so meet them that's a good idea my Papa asked about your main intention indeed is not the rental income your your main intention is to sell it yes later on also Michael it's a very very good episode by in P selling and then that's normally 20% over how many years before a project gets done or five years right now depending on approaching six to seven years time oh because a minimum so Graham booming economy nap and I mean government project private projects and Jonah Katherine tiny delays in terms of construction okay because of the sheer number of you know down demand for construction so you might want after seven in a hula Mathias eponymous suction workers oh my that's what I first don't we also the modality needs a point that we will get overseas workers to - you're here that's a possibility especially is everything because it's not just infra that is being constructed but suffice about you and commercial residential and other townships are being built all built all at the same time so seven years so if a different infrastructure that they want to get is say 10 million twenty percent of that two million DP in seven years something like that depending on the project okay because it's such a long time seven years I've written 10% above my Oh average for our projects okay so there are certain projects now a very shy animal 5% every year depending if say if it's in a very prime location our herbs would be a little bit more stringent Marrowbone metro bag opening area didn't develop on a nothing so major much flexible type in Saturn's I thought that's a very where you opened up a very very good pick no you said that there are areas that are very very prime other errors that are very that are just starting Valentia so what are those areas prime areas one takes also primaries they're more expensive yeah they have appreciated reading but must develop yes versus humongous start belong oh my go of course number one is Pahadi it's the financial capital of the Philippines and gentle egg atop corporations already there so it's already established so in terms of prime minister of the area number one Telugu McCarthy people would say PDC but for me it's really Marathi okay second to that is VDC what what part of Makati is Panem considered the the most prime said the CBD area or somewhere near are the Forbes area or I don't know what what areas do you consider Nevada anything in that area that will always be the fastest that you'll appreciate in terms of condos it's of course the CBD area okay because you market Metallica who will rent the properties will stay there are the ones working in the area it makes sense that's in the CBD so the blows are you are to the main offices the main roads like a an Avenue at the Avenue sao de Rojas closer you are to Greenbelt of course which is the plane leisure destination in that area mommy then what okay there are new areas because daddy's already fully built um well analyst mahi Tom vacant London aim so maritime about area needed available and in Hollis and CBD okay so the pricing is not as high as the one in the CBD but it's near enough to be to be able to have that capital appreciation that we want for that particular system circuit circuit there we have new areas being the event of its circuit and just last weekend we just opened up the emergent area Oh where's that residences it's in Mojave Avenue come familiar gave us a publish on the area a new area near some exciting I mean quite a big patch of light there you even Oh area that area yes oh so we're developing that now so it's very exciting because just the deposits taken events area the event area or everything the parking and then me Mommy iliena even it you're getting that also uh human are you parking is the new mall okay assume glioma sm hyper my knowledge yes made up an incident and a lots a liquid medium so much so that area so it's going to be mixed-use will have office residential need it mmm so complete package again alright so Maha is number one then you said BGC then who next next would be ortigas office and then fourth you have the up-and-coming areas like Quezon City okay essence it is really moving very fast you would be surprised that our pricing in Jefferson City in British North it's already higher than what we have in circuit five whoa a smile - every square in Okinawa is because and hope in front of the there's a lot of introverts that are passing their from MRT 7 a heart ageless you you mock election on up from all of the highways that are being built also right obvious will have done software as well in Grand Central Station and in an hour but will connect all of the major lights okay opposed your very near to the s Lex and Lex connector project it's okay so even if you're there in birthdays if you want to go to the animal um um Alex Alex connection now there was a Skyway in 20 to 30 minutes and oh my god you don't have to go through at say anymore so these are the things that makes the that area very promising okay aside from it being Township were what we call an estate that has to complete package okay so you can do you do you add Alabama to the mix or gas density will still boom faster than Alabama alabang area so a friend for Mia cases it is very promising okay because for the longest time when a telling identifiable central business district in the Quezon City area they were maritime Eastwood momentum as one of those patches of development there one other than a solid versus a B mu tou central business district now okay so NCE and for me it's really that word is not North Area not 11 what's up I'm up in my evening CPP if you're if you're gonna go further away where will you pick alabang area a new Valley area the evo city or Vermont's a major growth and is that your primary this is districts none of yes yes so if you'll rank them in terms of what do you think will appreciate or has a better growth opportunity in the next school 5-10 years hmm Oh what will you pick see you Simon there's nothing from Banga oh I see so you have a founder to the north then you have Alabama Hermosa Nevada and evil city cavite no man okay suicide number five together top five I would say good question I would say Formosa okay top five Hermosa though that area has its the really developing very fast but under meeting chasm aha competitors in the near vicinity so I would wrap that number five so you'd consider it considered up and said that's a cause it admitted that marinas area no no yes okay okay so that's what this one so yeah I wanted to zero in on that also he said that madam in competitors uh madam among condo projects that it means that you compete for prizes or how does it really work um not necessarily condos it's more oh I probably don't and imagine all right so mana lots of the visual projects an Andorian ale the main challenge is sovereign Debbie and Debbie option see hmm so you know is ascending eatable and purpose for me the traffic is really an issue right so in traffic can say area is one of the challenges for me yeah I'm not saying I envision Magento project it still has that potential because it's silica beaded root zone and it's just that we have to first rank everything oh yeah I mean number four number four I would say is no Valley okay fine no Valley though it's very nice when you go there it's a suburban feel you have a lot of green areas open space and scuba but what as I've said earlier there's also new areas for developing and a lot of our competitors are also going around that area so it's a growth soil and I believe in reality the potential is very there Pharaoh India we have the schools already we have hospitals in place as an RS already there we have a lot of mods already in the Nevada area but you know major mixable an asset island mm hmm so you appreciation yeah though it's continuing pero I would say in a way our family Panama's mobile expand potential no number three number three would be Evo city okay Evo city because of the connection through the ax okay by the way you know for those who don't know new Valley Santa Rosa Evo cska with cavity and Verma said that you would consider that what what area where most is steak a V baby they have a pair but not cow it so mechana using our legs I must man up which is Adam hamari near to going to end up our so I needed to mention that I said there's a lot of OFW is also watching diesel enough with the Metro Manila in quite some time ago okay so the third one is like I've said is Evo CD mmm-hmm so for a lot of people New Zealand I don't you see fit Nevada allow me endeavor in telling excitement guessing at when I Machado me a lump on a hood the potential is there but you do ask me mechana zappers squared so but I'm faster than your first parameter how much you residential that's them in Nebraska mean that's weekend a new face okay it was sold out boo-boos a simple annual áanotherá okay and up to number ipod nano show in demand it's ranging from 50 to 55 thousand per square meter so park it was like Alabama five years ago or three years ago panda no no yes is it idea for that particular st is mobility McGinn development boom bada indeed Liang Shan para para divide in a poodle horizontal developments muna China back will be built up Chatham of a unified low hmm but here elegant a pilot plan on a tiny part my hobby now you have subdivisions together area you'll have high rates gaga okay we'll have malls in high-rise minis development so the master plan is identified in such a way that telecom ability money in development okay here gonna shut up it's a balance the dine and Miss miracle last night orthopedics happy thanks okay yeah okay let me know copy text that's it already yes one of the athletes one of the reasons why it's appreciating I think because Cavett X is it makes it easier for people to go to the airport right that's very near the mobile area which is where all of the growth in the Philippines is right now also yeah [Laughter] number two number two with the support area okay inside Clark area Algeria okay that we have a estate development parents called El Vieira and it's very promising because of its close proximity to the clerk mmm-hmm Clark Road so okay we all know that we have an airport there also you have access going to sue bigness we have a lot of infrastructure developments happening here and it's going to be the next major Township Erin Blue Valley of the North done see and Vieira so right now the prices when we started at some other 15,000 first squared mm-hmm that was about three years ago three four years ago they are - a 25,000 for inertia it similarly when we open new subdivisions there or when we open new faces my beliefs allegation over but I haven't using it the LACMA it will look like no value so you feel here okay fire corriente well I'm gonna yeah everything's under carmodel more than sitting there yes I'm very green no move it space is not a far you have a country club to your country club it's already open they're ugly okay somebody give a giving back country club feel like it looks belong guys let me know below we think it's the rich guy here anyways number five is I forgot the number five is for most of somber five yeah number four is nobody yes number three this evo city evilly Divya number two is for Banga and number one goes to Alaba okay why Alabama because Alabama is established already has a CBE no people might argue not only for shagging a fully developed courses a lot of land they're parallel with uh with a lot of foreign investors coming in you know what I'm talking about the Chinese one mm-hmm so I'm gonna potentially Nevada ballet okay and compared to the other areas that women should not mostly horizontal developments Japan horizontal Nocturne telegin better of a critical mass mobility fatigue in return because you can rent out the condos open turnover as opposed to light a lamp antenna by and you're not sure yet coming oopah upon doing that Pepa but with vertical developments and we have an existing base already in Alabama offices you have the DPO stare on lady you also have the Pope is coming in that area so the growth potential of Alaba compared to the other four is top notch I would say numbers alright so I hope you guys learned a lot more of this guys sob wrangling a 38 Ramon King will be in icon 2019 in Davao the links will be down below if you want to hear him live and it's not just him it will be Carly Randall talks on Rex Mendoza we're gonna talk about Bitcoin blockchain investing in global markets and so much more so links down below I hope to see you guys there and any final words for everyone for everyone I just want you to really invest in the Philippines because we're really growing it's evident a like a fatass Lattimore properties sobbing saya they were so let's not miss out on this opportunity invest in the Philippines and it's all be well fit together all right so that's it for now I hope this video helps you trade well treats from Crete smart see you all again soon and tell dissenters [Music] [Music]

Channel: Marvin Germo

Views: 79,334

Rating: 4.9243855 out of 5

Keywords: HOW TO MAKE MONEY FROM CONDO INVESTING, Condo Investing 101, condominiums in the PhililippinesHOW TO MAKE MONEY FROM FLIPPING CONDOS, how to flip real estate, flipping condos 101, how to flip condos, Ramon King, Ayala, passive income for life, passive in come philippines, real estate guru philippines, real estate expert philippines, how to make money in real estate, how to be a millionaire in real estate, stock smarts, marvin germo, stock investing made easy

Id: c_EHgx8SENI

Length: 29min 25sec (1765 seconds)

Published: Sat Nov 02 2019