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 20202021
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


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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 twostorey residential building with 5 units. We have two 2bedroom units on the ground floor and three onebedroom 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 Started Our Apartm...  

OUR APARTMENT TOUR:
   • Apartment Business Tips: APARTMENT TO...  

OUR GOING HOME "FOR GOOD" STORY:
   • Going Home "For Good" during PH Coron...  

HOW WE COLLECT RENT:
   • Apartment Business Tips | How We COLL...  

APARTMENT BUSINESS Q&A:
   • APARTMENT BUSINESS TIPS for OFWs | Co...  

APARTMENT BUSINESS TIPS PLAYLIST:
   • APARTMENT BUSINESS TIPS for OFWs | Co...  

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
https://bit.ly/2J6FX2Y

Here's our Weeks 14 progress:
https://bit.ly/3cK9jxw

Why I Stopped Working as an OFW:
https://bit.ly/2XHiM4e

My Dubai Experience as an OFW:
https://bit.ly/2PgesUs

What OFWs can Learn from the Covid19 Crisis:
https://bit.ly/2XeOx4h

Email me at: [email protected]

All videos shot using Samsung Note 9/10, DJI Osmo Pocket. Edited using Kinemaster.