My Monthly PASSIVE INCOME from Condo Rentals.
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- čas přidán 25. 08. 2024
- #PassiveIncome #PassiveIncomePhilippines
My Monthly PASSIVE INCOME from Condo Rentals.
Passive Income Philippines
Passive Income 2020
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Thank u
Thank you!
With those high rental rates Pano po kayo nakakauha ng tenant sir? And ano usually professions ng mga nagrerenta sa units niyo?
Nice. I hope you also included the taxes and maintenance expenses even if just ballpark figures.
I am really inspired, Mr. Will Blanza. I'm a 21-year-old student taking up engineering but I also would want to invest in real estate specifically in condo renting in the future. I watch your videos every day and I take down notes each time. Thank you for inspiring people like me in investing. It really helps terminate the misconception that investing is only for the rich.
Wow, thank you for watching my videos 🙂.. So happy to hear that I inspired you ❤️
This is my plan sir for the next 10 yrs. so that i can retire early. Just had my first condo last 2018. Salamat po s help ng mga vlogs nyo and for replying to my inquiry. You're a big help tlga sir.
Youre welcome po, if you know someone wants to invest, pls refer us 🙂
good sana may umuupa sa condo mo at di naluluma ng walang nakatira
were you able to rent it out already? how long did it take you to rent it out? i bought one 5 months ago, and the "smdc goodstays" did not even manage to make pictures of the unit. I cannot make pictures as i am abroad, so very bad experience with smdc goodsrtays. so my first experience about renting out a unit is pretty bad i must admit.
kamusta na condo mo sir?
@@RaquelSantos-fb9qdpanu mo nasabi na hindi nauupahan?
I have properties in US and condos in Philippines (Makati and MOA). I net over $5,000/mo in cash flow from real estate alone.
I am based in Las Vegas and Makati. I go back and forth. I am a FilAm.
Passive income is the best.
good luck to all!
You should buy parking spaces and rent them out. A good way to boost your rental income further. Parking spaces are less hassle, no renovation, maintenance, furniture and appliances needed. I try to get at least two parking spaces per unit that I buy
The hidden Power of Real Estate Busiiness. i have 2 turnover this year hope the rental bussiness will be back to normal! Congrats Sir Will
Galing, eto pangarap kong income eh. Property rentals.. i want to give up my corporate job and earn from passive income instead. Di ko lang alam paano magstart at ano mga kailangan..
Nice very informative for me as a beginner. Thank you and pls provide more advice regarding this business. Great motivation for early retire from work. Para pahinga naman
Super excited lagi sa mga videos sa channel mo, boss. Daming natututunan 😊
Wow talaga, nakakataba naman ng puso ❤️. Kaya I am also inspired palagi to create more videos para sa mga subscribers ko.. 🙂
Interesting topic.Part 2 on this vlog. Given that you need to give a MONTH comm. for the agent to each UNIT. Because not all the people have the chance to do it themselves.
PLUS can you mention how much the cost of the 5 CONDOS? TO see how many per cent is the realistic income per year here. And yes price appreciation is another thing to discuss. I guess kung ROI ang pag-uusapan dito is like 15 to 20 yrs?
Thank you for watching the whole video.. Planning for a part 2 of the video 🙂
Condo appreciation value going twice more it's original value in 10 years? hmm, that seems questionable. It is also unlikely that people will buy that 10 year old tower over a newer condo next to it. Is that right? at that price, if it were me, I'd get a newer property. And yes, another thing I wonder is the ROI - how much do those condos actually cost against the annual net income.
Inspiring ✨ I hope there's a video as well on how to declare your income tax from your rental properties and use that as additional income mo para maqualify na makakuha ulit ng ibang unit.
Thank you for your video suggestion! Know that we will be updating on that soon. ❤😀
Sir can you do a video discussing unfurnished and furnished. What's best for rental and how much does overall furniture in furnished unit cost?
Hi meron ako video for that 🙂
Galing mo tlga Sir Will idol tlga kita nkka inspire un mga Vlogs mo very informative and inspiring!
Thank you Ms Marilou, one of my most loyal subscribers.. stay safe as always 🙂😊
Great video champ! Dont you have any tax in Philippines on rental income?
Sir madali pong iproject and kikitain nyo kapag established na ang passive business nyo. Ang gusto ko pong malaman is how you got started in buying and renting condos. Magkano kapital ang inipon mo para mabili mo yung first condo mo. How hard po para maipon ang kapital na ginamit nyo. Magagawa kp po ba ang example nyo with less than 100k yearly salary ko.
Yes kaya mo with 100K salary.. pls watch my other video how I started..
Thank you for this sir :) The best tlga rental income :) Godbless
Yup 100% 🙂😊
salamat po sa inspiration..i wish someday i have 5 condo.. i have already now 1 condo
goals ko din 😊😊
🙂😊
My sister has a Tandem unit in Smdc Sucat at the back of Sm Sucat, just for inquiry how much should be the rental for this kind of unit because since the turnover from 2013 it was just vacant and we maintained it only. We have no idea about renral if you can help us we appreciate it so much. We are now in the US. hope you can help us..
Nice one mate, keep educating more pinoys in condo investing :)
keep scamming ka mo!
yung kita mo na 1.6M yearly magkano Income Tax mo (BIR)? or taxable ba yung rental income mo?
taxable and vatable dapat kasi residential tas monthly rental is more than 15K.
Hi, have you had any problems with your tenants not paying their rent? If so, how did you deal with them? Thank you!
not to mention pag bnenta mo yan laking halaga pede kna magrerire boss enjoy mna buhay mo
That was the dream, retire at 40 🙂😊
Sir, paano po malalaman kung magkano po pwede maparentahan ang 1 bedroom for example ng Gold Residences.
Hi sir. Will also venture into rentals. Just curious if I also need to pay income tax from rentals? Thank you sir!
Hello po, pano niyo po binili yung first condo investment property nyo po - nag loan po ba kayu sa bank and how did you transition po in terms of paying off loans and revinesting the rental income to your 2nd property etc. Salamat!
Hi Sir, ask ko lang ano opinion niyo about decrease in rental rates ngayong covid? In Mandaluyong, 1BR that was before 20-30k are now 14-15k na. Will you expect rental prices go back to normal in 4yrs?
Hi po, every business is talagang affected.. food, clothing, leisure, malls, airlines, rentals.. But I am very positive that everything will bouced back especially rentals.. Actually kahit paano, meron parin tayo kita sa rentals kahit bumaba.. kasi some business is either nag closed or na bankcrupt na. I am very optimistic na in 2years time, babalik ulit sa normal ang rental rates.
magkano ang kuha mo sa property na ito?
You inspired so many people, myself included. Salamat Will. Fully paid 4 units in 5 yrs hirap ata ma achieve yan Will. Mag real estate sales na nga rin ako.
sympre puro kasinungalingan.
Ask lang po kung okay lang kumuha ng condo these days kasi diba pandemic tapos pre selling palang po yung buidling. Sana mapansin nyo po itong comment ko 🙏🏻🙏🏻🙏🏻
Yes, actually this is the right time to buy.. pls msg me sa Facebook, we can talk there.. its Will Blanza.. just msg me directly 🙂
1.6 M net income? Di mo ibinawas ang niloan mo o pinang paid off mo? Para magkaroon ng 5 condo property atleast meron kang P20M
do you suggest hiring a property manager? ofw here and paano po yung maintenance ng unit sagot ba yun ng tenant? paki discuss din po yung laman ng tenant contract.thanks po.
Yes better to get a property manager, in terms of maintenance, its the property manager will take care of it.
Mabuti sir mas mahal parent nyo compare sa ibang units ngayon? Ano pong ginawa nyo para mas mahal
Most of my rented units, renewal contract..
kaya hindi masyado bumaba.. And binigyan ko sila discount on their renewal, kesa po mabakante at maghanap ng iba, kaya I offered slight discounts.
Galing nyo nman po Sir! 👏🏼👏🏼👏🏼 New subscriber from California 🇺🇸 Hopefully mapauhan ko rin yun unit ko after ma turn over next year 😊
Boss. Thank you. for you blogs... Marami ako matutunan.. Isa na rin ako subscriber MO.... Iwan rin ako firstimer na nag huhulog sa equity. 2yers.na.. Ppaano po ba ang usapan halimbawa kapag dis ability or na nadiagrasya nawalan NG trabaho aNG unit buyer....
Hi Sir thank you for subscribing.. Un condo na hinuhulugan po natin is wala kasama na personal insurance.. kaya I advise kumuha ka ng separate na personal insurance para incase anything happen meron ka back up..
Wow nice one! Mayro'n ako unit sa GRASS kaya lang wala pang mga gamit naabutan kc sa corona sitwasyon, at 'di pa pwede mag travel. Anyway thanks for sharing!
I'm a new subscriber at goal ko din katulad ng sa yo. Im planning paupahan na lang ang house ko na hindi ko pa nalipatan kasi sayang ang binabayad ko monthly but I don't know how to start. I got inspired after watching this video. God bless and more power.
Thank you 🙂😊
Sobrang galing po! how I wish kahit 30k a month lang ang suweldo ko makapag start din po ako sa ganyang business.
You can do it, just be positive.. 🙂
Thank you sir will...I'm really excited to pursue my real estate investment and its outcome...
Good to hear 🙂
Galing!
Thank you.. please subscribe and also don’t to forget to share this video to your FB.
Hi Mr Will. Are these rental all furnished before you rent them out? does it include everything like the kitchen wares,appliances,furnitures etc>? great video!
inspiring. For a 5M property, magkano usually net income mo sir in percentage?
Before pandemic, chinese would pay 1 year in advance 360,000 one payment sarap dati
Kailangan pa rin po ba kumuha ng permit kung nagpapaupa ka ng condo?
Hello. Aside from Real Property Tax, you are also legally required to pay income taxes and VAT from your rental income.
Real Estate Tax lang babayaran nya kasi di umabot ng 2 million ang rental income nya based on new BIIR circular.
@@belindagonez5790 Which circular? that's incorrect. If rental income exceeds 15k a month, he is liable for VAT, percentage tax and income tax.
@@popipaulable Where did u get your info??!
nakabili ng condo pero di pa na tuturn over dahil sa pandemic, nasa probinsya kasi ako. informative ang mga videos mo, congrats sa mga condo mo pala,, sana my mag rent din sa condo ko pag nakuha ko na.
Thank you.. Basta maganda location, guaranteed rental income nyan 🙂
Sir ibig sbhn dn po ba ung pagkumuha kau mismo sa smdc ng condo my comision kau sa sarili nyong purchase or as discount nlng po?
Maganda bisnis to Kasi nag wait ka nalang monthly. NDI ka gumalaw or ggising sa umaga. Meron na Rin aq Isa. Sana makapag pagawa Ako ulit.
First Liker
Thank you 🙂
sir ung condo nyo po na ibang agent nakahanap ng tenant, if next year magrerenew the same tenant, magbabayad pa din po kayo ng 1month commission dun sa agent?
Mas maganda Sana kung included muna un loan amount to get a better feel of income. Most people won't start with zero loan, anyway
sir kaya po ba sabay sabay kumuha ng properties? ma approve po kaya ng bank?
Hi, Sir. Isa ako sa mga nanunuod na sumusubaybay. In this video, would like po to ask paano mo nagkaroon ng maraming condos. To my mind, pwede ba maapprove ng bank even if you have multiple condo? Thanks po for noticing.
Just saw your video. Meron ako properties sa Austin Texas duplexes and it’s cash flowing very nicely
Question sayo wala lang set aside for your vacancy or expense pag may na sira? Also ikaw nag property manage?
Yes I handle my own properties.. nice to hear on your investments as well 🙂
Solid! 👊
Sir baka may recommendation ka na books about real estate investing here in PH.
Hi sir. additional question lang po. dun po sa rental, meron po ba tayung ireremit na withholding tax from the rental payment to the BIR? Meron po bang exemption yung condo unit from the BIR regulation so that hindi na po kayo magbabayad sa BIR? Maraming salamat po sa notice.
sir pano nyo napapaupahan like twice the value per month ang isang 1BR of SMDC thankss
Sir nasubukan mo bang idaan sa pag ibig ang isang unit mo? Ano thoughts mo pag idadaan sa pag ibig?
Galing Sir! isa palang condo ko and kaka furish palang.. paparentahan ko palang.. sana maging katullad po ako sa inyo
🙂😊🙏
Sir question, ilang heads po nagrerent per unit? And kung saan po kau naghahanap ng mga magrerenta? Thank u
Very inspiring. Napa sana all ako. Grats sir!
🙂
Galing, very inspiring sir will =)
Thank you 🙂
sir ang galing nkaka wow. ask ko lng di ba mahirap mkahanap ng magrerent ng unit? i will surely follow ur diskarte😉
Hello :) Regarding to the taxation, does the government tax your monthly income or your annual gross income?
Kulang ang tax na pinakita niya. Actually malaki kapag isali ang income tax, kasi ma monthly, plus quarterly at annual income tax ang gobyerno.
Parang hindi rin totoo yung sinasabi nya na nag rent sakanya ng 65k monthly not unless airbnb nya or staycation pro kung long term na tenant tas nag babyad ng 65k every month imposible tas 2br condo lang.
napansin q po u r more into longterm rentals. they say AirBnB is better, what do u think po sir wil?
Hi sir subscribe na po kita dami ko po natutunan sa vedio nyo po...sir tanong lng nagpaparent po kau ng condo nyo ikaw po ba nag poprovide ng mga gamit sa loob ng unit nyo po.tnx
sir ask ko lang po if may multiple rentals property ka po and kukuha ka ng property manager magkano po dapat ibabayad mo sa property manager?
Hello Sir! Can I ask lang po, Student/working/family po ba mga mostly nagrerent?
Yes po
Paano mo po na calculate yung monthly rent mo po with gastos, maintenance, at iba pa? May video ka po ba para dito? Salamat
Hirap akong ipa rent ang unit ko. Need mo ba i publish sa lamudi or other renting website? Kasi ang leasing unit ng condo parang la namang nang yari.
Seems easy and cool but based on my experience, it’s not. You’re also lucky to have continuous tenants, most of my friends struggled so they wanted to sell their unit but unable to do so.
anu po location nio sir at name ng condo?
So paano po ung mga bills dyan like kuryente internet expense at ung mga tubig, pinapashoulder niu na po ba ito s mag renta ?
Question po. Consistent naman po ba yung mga nagrerent or does SMDC has a group that can help you look for clients to rent your own condo? We just started our condo investment, and your tips have been very helpful.
Yes very consistent. I managed the rentals of my own condo.. But sometimes I connect with agents, so the more agents will offer the condo, the faster it will be rented.. also SMDC provide a leasing company - THE SMDC LEASING. 🙂
@@willblanza-realtytv Can I get your opinion sir, kasi ang kinuha namin investment is 2BR sa Leaf Residences. Given than, how much do you think you pinakamurang iparent sa condo? or does SMDC give guidance on it as well?
@@noeldelrosario2260na scam ka bro😂
Enjoy panoorin. Thank you for sharing this.
Solid!! Pataasin ang views nito!
This channel seems quite beneficial for the beginners but unfortunately I couldn't understand the language since there is no subtitle. Can anybody help me find the channel which gives the information like him?
This is so inspiring! I'm an OFW living in the UK. Plan ko rin mag invest ng maraming properties sa pinas :)
Pls msg us in our Facebook Page, its Will Blanza Realty TV
Do you also buy a parking lot? If not how does it affect the rental business?
Maganda talaga ang income kapag wala ka na loan sa banko. Kung meron pa, medyo mabigat yan lalo kung sabay-sabay. Ang galing naman ni sir! Natapos na niya mga loan niya. 😍
🙂
Wow nakakainspire po. Sir howmuch po ang 1br na 44sqm pag pinarent? Pwede po ba na ang agent ng condo ang maghanap ng tenant ? Madali lang po ba makahanap or nillineup po un medyo lito po ako
Which location ? Usually kapag MOA/Makati/ BGC/Mandaluyong around 40-45K.. Yes your agent can help you.. Hindi naman need for lineup or pila..
@@willblanza-realtytv maraming salamat po. Around pasig only sir
hows the rental of your units this pandemoc season? how bout cost of RPT, Insurance of your units?
For airbnb and longterm rental, need pa ba kumuha ng business permit ford this? Need pa ba mg issue O.R.?
Dami kong natututunan sa vlogs niyo sir. Sana magkaroon din po kayo ng vlog kung kelan ok or best timing na bumili ng susunod na condo unit. 😁
You’re welcome 🙂 pls share my videos
Well done sir… galing mo po…
new follower sir, thanks for sharing idol!! Just got my first sir...
Thank you for your comment. Please don't forget to like our video and click the notification bell so you are always updated in our weekly posts! ❤😀
Sir I have friends in Iloilo and willing sila kumuha ng unit dun din sa style res pero hesitant kasi baka wala mag rent. Worth it kaya Sir?
Great video! Do u think renting out is better than flipping? Let's say if I have 5 units to flip every year would that make the same profit? Thanks for your input!
I suggest, rent out for 5-8years then flip on the 9th or 10th year.
@@willblanza-realtytv great suggestion!
Kaka inspire Sir! Dadating din ako diyan. 💪💪💪
🙏🙏
Hi! Kuya Will, My Name is Bryan From San Mateo Rizal, gusto ko lang po ishare na pareho kayo ng Business Mindset ng Asawa ko! Matalino din sya lagi nya timuturuan about Condo Rental Business Pero Hndi naman po kami mayaman naisip po namin na Maghanap po For Business Partner About Condo Rental Business Magkano lang po kasi ang kaya namin Idown kung sakali lang po na pumayag ka maging Business Partner namin Share ng Downpayment Sa kukuning Unit! Para paupahan For Bedspacer! Thankyou in Advance po! Naisip po ng Partner ko yan nuon pang TeenAger pa sya kaka Observe nya! Then nabuo daw sa isip nya ung ganyang mga Bagay Business Mindset nya! Magaling din po! Take Care po!
Thank you Bryan.. Hi sa wife mo.. Ituloy nyo lng un plan nyo.. and hopefully maging successful .. Goodluck ❤️
Salamat po Kuya Will! Pinag iipunan po namin yan! Sa ngayon po kalahti palang kaya namin ibayad For Downpayment! Para makapag paupa! At Sana po maka Visit kayo sa Business namin Sa Bikers Cafe, We Are Located in San Mateo Rizal Thankyou! Ingat po kayo ng Family mo ❤!
Short term rent lang po Siya kuya?
Nice Sir Will..your such an inspiration
Thank you Sir Glen 🙂
Hi, Will! Thanks for ur wonderful video! But just a little suggestion. Could u speak English during the whole video? coz. followers like me don't understand Tagalog. i believe u will have more and more international followers,. it may help u get more followers like me. Thanks for your video again ❤️
Magkano percentage sir percentage ng Airbnb? Ang host ba paid mo or Airbnb
Hi Sir, Im an owner of Shore 3 turn over next year, Im planning to sell it but watching your video made me think na ipa rent sya but I have no idea kung magkano rent sa area. Still thinking kung i sell ko ba or ipa rent. I need advice po. Thank you
Hello Sir Will, I am a motivated fan of yours since last year. I'm graduating student and I want to settle soon my future investment at rentals especially condo and apartments. I just want to know if the electricity and water bill are included on your monthly rent or it should be shouldered by the tenants?.. Thank you in advance for answering. ❤️❤️
Sana magkita tayo sa iloilo sir. Inspiring video. Taga iloilo po ako. Keep safe always 🙏
Sure, i will inform you thru vlog if going ako sa Iloilo.
Hello. Usually my tax din po ba yang pagrerent?
sir pag ba bumili ng first condo pwede na paupahan un kahit di pa sya fully paid? gusto ko rin kasi mag invest
Yes pwede ipa rent kahit hindi fully paid. Pls msg us in viber/whatsapp +639176320059.
this is the dream. congrats!
This is also a dream for me 8 years ago.. 🙂😊
Sana po mapansin ako, magkano po kaya yung per property na overall price?
Hi which property? Iba-iba ang price natin.. depende sa location and sizes of condo units..