Tips When Starting Your Own Rental Business

Posted Leave a commentPosted in Condominium, Guest Posts, Home Loans, Investments, Personal Finance, Real Estate

The huge demand and gain are just some of the few reasons why rentals are a great minor business to add some income. Here are some tips on how you can successfully rent out your extra place and get extra money.


Challenge: Ditch the Poverty Mindset, Stop Playing the Victim

Posted Leave a commentPosted in Commuter Blues, Financial Freedom, Observations, Personal Finance, Real Estate, Reflections

Technology and modernization are here to stay. If you don’t evolve you die. If you keep on playing the victim, you die poor. Up your game. We’re all affected but not all of us stay affected. Don’t play the victim, take charge.

SMDC Grace Residences Updates: Tower 1 Turnover and Site Pictures

Posted 4 CommentsPosted in Condominium, Investments, Personal Finance, Real Estate

The agent assigned onsite, named Gerald, was kind enough to give us a tour of the Orchid tower to see what it looks like, as well as some amenities so below are some more pictures. When asked if Tower 2 – Lily is within schedule of 4Q2016 turn-over, he said that it might be safe to expect it by Jan2017. Sigh.

SMDC Grace Residences: Updated Countdown to Turnover

Posted 6 CommentsPosted in Condominium, Investments, Personal Finance, Real Estate

This is just our own unofficial countdown. If you ask SMDC peeps, they are not yet willing to commit to a turnover date but based on our request of DP extension to SMDC (from Dec2015 to Dec2016 in lieu of delayed turnover, a request which they granted), it seems that Dec2016 / 4Q2016 is indeed a more plausible turn-over timetable.

SMDC Grace Residences: Parking Slots

Posted 3 CommentsPosted in Condominium, Marketing, Plugs, Real Estate

I was surprised to learn that the cost per parking slot now starts at PHP750K, exclusive of 12% VAT and 6.5% other charges. So all in all, it’s at least PHP888,750. Crazy. I wonder how much the rival developer’s parking slot costs now, three years since. I just hope this means the property valuation of the actual condo unit has already appreciated too.