This is a great opportunity for a longterm rental. Needs paint but not a major renovation. Maybe the bathrooms? The rent will be reduced to $70 a month during the first term and the $90 for the remaining.
Fix the roof, pressure wash the inside along with bleaching everything, get rid of anything wood and then plumbing and electric add any cabinets you want and paint. That's how I would do it . I think it's good for the right person thanks for sharing
@@Ex-Pensive_Expat My name is Dennis, not that you asked. I have been slowly working on the GF to want to do this when we retire. We are both 57 now and I have no pension and will only have CPP (Canada Pension Plan) and at 75 they throw you off CPP and you get OAS (Old Age Security) witch pay, CPP, Max $1600 a month (Canadian) and OAS jumps to a max of $2200 to $2500 (Canadian) a month with the income supplement. Roughly $1400 US a month and 20 to 23 US a month. I if I had the money, I would be ready to leave tomorrow. I have no wife or kids but the GF has two sons and an autistic grandson who has accepted me as his Poppa and I love him as much or more than if he was blood, so it's a little harder or will be, for her to leave Canada in 10 years when we both retire. Met her right after she left her abusive husband, who forced her to sell their house not long after I moved in. We rent and do not own a house or property. She worked part time all her life until I pushed her to quit one of her part time jobs and apply for a full time permanent position at the hospital and when she retires, will have a pension from them but only have paid into it for 15 years, the last 5 and the next 10. SORRY about this rant but as I said in my comment above. I am a recent subscriber and love your content and your channel. Thanks for reading this and my previous comment above....If you did ? EDIT. Sorry, forgot to mention that I have notifications (Of comments) turned off because I got to many trolls calling my comments gay or stupid or everything else under the sun, even racist a few times, but I digress. If you respond to this or my previous comment above, do not be offended if I do not reply back, please and thank you ! Again, love your channel and content, hopefully a new friend of yours !? Thanks Muchly again !
@@negkap367 That's nice if you want to live in Thailand. I'm happy for you. Yes I know Thailand is a lot cheaper in many ways. Thailand was the place that was recommended to me first. But I prefer the English speaking and English language used in Streetsigns contracts etc. Plus the Visa system is much easier here.and Thailand is getting more restrictive unless you're Russian. So I chose the Philippines instead
For living in town it could be a nice place. Empty it to the walls, power wash with bleach, replace all the wiring and plumbing and you'd have a great long term place. Myself, I'd want a compound like yours or be out of town with a nice view. Thanks for sharing it!
Tear out that tub and put in a shower. Rehab the whole kitchen then ad a wall to seperate the kitchen and the cr and make that the maid's room all she needs is a cr, small bed and a fan and a window. Rehab the sori sori store in front and rent it out or have the maid operate it in her free time. Put a decent coffee machine in it and an awning with chairs and a table outside.
Thats a great find mate. I would do two stage renovation 50K Peso clean up, repainting, CR room maintenance and another 80K Peso for phase 2.(Appliances, Electrical, water tanks, Generator)
That was really cool! We are from Canada and are looking to winter somewhere other than Mexico (not that its bad, we love it). Your vids are making a compelling argument for the Philippines. Take care
LOTS of elbow grease needed, but yeah I can see it. Thanks for sharing another good, informative vlog. Please keep us updated on that hidden gem, if someone does transform it as you did/are doing. 🎉
Having a look at the street where the property is at as well as the next door houses helps, just pan slower. What I like about your property is that the large yard gives separation from the others, in this case it seems like it shares that parking space with the other house.
I understand these Filipinos want to keep the property but they may not have the means to fix it up. Having an x-pat live there at reduced cost but fixing it up for them for them is a win for the property owner. I wish I could retire right now but I have to wait three plus more years. Had not seen any video's from you was starting to wonder if something happened to you.
Hey there nice to see you again. Yes I had gone to Baguio to look for something in another area. I was there a week but didn't get out much. I caught pneumonia and since I turned 50,, it really kicks my butt. So I wasn't able to get out of bed much
I liked the 2 story house with the extra house on the lot from a few weeks ago a lot better than this one. But I'm sure this could look nice with more light, and some paint and repairs.
That 3rd cr off the existing kitchen makes creating a maid or mother in law or care taker suite super viable. Just steal a bit of fotage from that weird room next to it. Honestly, since the shop is already there and intact, it might be wiser to rent out the store front for the owner. Would be a fun project to convert those store spaces into living area too. Make the master a real master. for me, store space is to close to the road for a screen porch. Maybe a road side bar ? lolol I love these videos brother, thank you for posting ! safe journey
good deal if u plan to retire or live there but dont want the risk and hussle with buying property and land..many westerners seems to think that buying something in se-asia is like in the west. Fixing it up is dirt cheap anyway,
im sorry to hear that youve been sick. before the plague hit i started taking Black Elderberry capsules 2 ea 2000mg capsules. i also put my 82 year old Dad on it. We neither one have had even a cold. my Mom is a bit hardheaded and wont take it correctly if at all. she caught the plague and had a rough go of it but survived. Dad took care of her while she was sick and didnt even catch it. its maybe 12 dollars usd for 180 capsules. it works. there are alot of information on Black Elderberry on youtube.
Great to see you and surprised at the same time. I am sure you are not as recovered as you look, I can hear it in your voice, but happy to see you are on the mend my friend. The house has potential, however, I still prefer yours which has a lovely large outdoor space with so many possibilities, it outshines this one for me. For the right people it is a good size for a family. The house is just delightful, clean, full of cobwebs and the bathrooms look so inviting, lol! I couldn't move in personally for at least a week possibly much much longer! Major leaks, and a full spring clean inside and outside as a priority, As you say paint inside and outside due to its neglected appearance, but cheap to do in the Philippines, then look at what needs replacing to bring it up to western standards. I am not surprised the owner is saying do what you want, knowing anything would be an improvement right now! Another good find you are so good at finding the fixer uppers, it is cheap as chips, thank you for the video. Take care and take it easy, as always, Nikki. x
The owners know me they are an awesome couple who used to live next door. They would like to see a longterm tenant who would make it like there own and just stay there long term
Well we waited for this one. Hope you are feeling better. I've just arrived in Argao(1 week). Almost got a good one in the neighborhood that I lik, but owners couldn't make up there mind. Got tired of hotel living and will sign a lease on a nice new house to rent. I will still try and search out a long term "Deal" like you always find. With all the stupid channels out there, you have become my favorite. It is interesting, engaging and thought provoking. Keep up the good work. Hope to see you soon. Bless Brother.
Thank you mike. Sometimes the concepts of renting renovating etc are completely foreign ideas. Patience goes a long way. The time you find the best ones is when you don't need it. You have a place now so just keep your eye for the future
@@Ex-Pensive_Expat I saw other possible rehabs and will have more time to look later. This area is still recovering from the last hurricane so have seen a couple of candidates.
good to see you are back here!! I have been waiting for the next video. that place is pretty big. I am not a 'visionary' person, so I would have to hire someone to design it. But wow.
Just found your show today. WOW! I am really happily amazed, and am enjoying going into your back shows and watching them VERY entertaining and happily informative. Thanks. Wes.(In Huntington WV in very nice HUD housing for $200 a month, and the price of groceries are getting absurdly too expensive)
Wow I didn't realize you have found another amazing cheap property. You really are the ultimate property hunter in the Philippines, well done!🙂 Rent for this one seems reasonable. Even if you spend USD $10,000 up front to turn this into a luxury Western style home, over 7 years your average rent is still only USD $200/month.
Make sense math. But I don't think it's possible to spend $10K when you really get down to it. Maybe $3K or $4K depending on how Amazing you get with the kitchen and bathrooms. I've spent less than $2K on mine
@@Ex-Pensive_Expat I know, that's the best part, it will likely be less, even if you go full out to make it amazingly beautiful!😅 Let's hope not *everyone* realizes what a gem the Philippines really is, so prices stay this reasonable!
Yes for the right person. It has potential for some, not found with other properties. Example is having a bedroom with a separate entrance if you want a living maid cook or what ever
I liked the teachers property…both have potential however. I wished there were reasonable options in Nuvali / Sta Rosa. Something like this would make sense for a guy with a fiancé in the Philippines and going back and forth to the States. I am not retirement age…so living there full time is not in the cards. AC would be a big priority… Roof and ceiling repairs. Windows would need to be locked at as well as proper front door…security.
Ya Know for a guy on limited income looking for longterm lease. Maybe wanting an awesome place but needs time to make it all happen on his fixed income!! This is a very good find. My Dr. office and the public hospital is with in a mile if a guy had health issues.
Amazing potential with that place. Clue me in again: you said in the province but where exactly are you with this house? I've been looking in the Bacong/Dauin/Valencia areas, so where is this?
This one is on Luzon. Porac Pampanga. I will be down there again in another month or so to help a friend one a deal like this. If you haven't found on by then we could have a good search the way I do it
Is there any yard? I would also need to know if it has sky visibility for Starlink. Pretty sure you can put the app on your phone so that when you go to these places you could check that out. Is there good internet available? Fiber? How is the stability of the electricity in the area? I'd probably prefer something with a yard compound kind of like your place to hang out outside, and to let my Black Lab run around. Thanks Brother.
Yes you will have the fiber optic option and all the public utilities same as my place. The electricity is as stable or more so than mine was in San Diego. When it's stormy we might get interruptions but usually less than an hour and that's if it's longer than 60 seconds. Other areas of the Philippines have it pretty rough, but here it's awesome. We'll go months without a brown out and when we do usually it a planned thing for upgrading the system. Only the courtyard for the Doggo my friend. But the next one will have room for your dog. I'm just on break from editing it now.
Yes. Being from Southern California I'm used to the heat. It reminds me of Summers in Oregon more than anything. The humidity has been running at 60% or less
I wonder if a legal agreement could be made where an expat could bankroll a reno and recieve a permanent share of future rent. This sounds like win-win and leaves a trail of improved properties that make money for all instead of derelict vacancies.
Yes. It's why I kept saying not as bad as it looks. I stood in the living room and slid my foot on the floor to push the dust away. It was obvious the tiles were beautiful and would look awesome if swept up
Well the properties that require rehab will be well under markets rents. I am doing a budget up date shortly featuring a property that is about $350 a month and doesn't require a major renovation
Due to my fear of spiders I am seeing way too many webs. Someone needs to put in some work for it, but the rent would be great especially for someone with a construction background.
The labor over here isn't that expensive so it would require a construction back ground and could be done over time like I'm doing. I don't really get spider where I am two miles away. So??
You are correct my friend, Not on that one and the roof leak will be dealt with. But they have offered a long lease so that is attractive to many who may want a place a little more western. Especially in the kitchen
how hard is it to try to move to the Philippines if your a young women. Is it safe to live alone? I've been looking at houses for renting but I don't know how safe certain places are due to the travel advisory.
Well the hardest part is getting the courage to come for a visit... The Philippines is much safer than the US. And same as in the US you just need to stay out of certain areas. Where do you live now?? Where have you been looking to rent??
@@dede_stuwart If you're here on a tourist visa, like I am you only need to leave every 36 months. But you keep your visa extensions current and on time. I think you're confusing the visa requirements here with Thailand or Viet Nam?? I am sure there is not an age limit or visa type that is prohibited here. I don't think anyone cares here.
No... I have my primary which is the white house fixing up with the updates. I have been finding the others because my subscribers have been asking me to. So if you saw one you wanted you could rent it for yourself. I pass along the owners contact information upon request so interested people so they can follow up and rent them. I make nothing and don't get involved in negotiating or leasing.etc.
It's got good potential indeed, but I think the parking lot right across the street for the big semis would be a dealbreaker when it comes to noise and fumes... 🤔 I appreciate your videos, now I want to visit! 🫡😌
