rent or own - Page 3

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Asia > Philippines Expat Forum

Philippines Expat Forum The Philippines Expats Forum is dedicated those individuals that have chosen to make Philippines their new home. This forum is an ideal place for Expats now living in Philippines to meet and discuss all aspects to their new way of life.

Like Tree19Likes

rent or own - Page 3


Reply
 
Subscribe to this Thread Thread Tools
  #21 (permalink)  
Old 31st March 2013, 06:58 AM
Moderator
 
Join Date: Feb 2013
Location: Los Banos Laguna
Posts: 2,642
Rep Power: 281
M.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond repute
2115 likes received
6678 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by Munchie View Post
Yeah, What Proud Pinay said, rent a room at the SoGo hotel chain. About 20,000 for a month and it includes electricity/ A/C TV etc etc and you can walk away anytime.


I would never pay that much money monthly for a room, Oh my God if you spend time here you will find out that's way to much money to throw away by about 16,000 peso's there's always a spot or room to rent, there's no shortage of internet cafe's that charge you 20 pesos an hr or 1000 pesos a month for your own connection and if you need an air-conditioned buy one and take it with you because a good air-conditioned "Carrier"here will run you about 20,000, you could squat some where? Rent a room for $1000 peso's max a month, I don't know where for you but your partner could find a spot and probably build a small concrete structure for 20,000 peso's on her family land, squatter area to heck with dealing with realtors and lawyers they all just eat you alive here, such friendly people with so much advice, no way been there done that, we earned our pensions these snakes can live well just on taking some of it from us by selling us homes or lots, you can find remote lots for I think 100,000 peso's in a scenic area around Pagsanjuan next to the lake and it don't flood in this area, or I think the motels or hotels here are so affordable that you could live in them, I think one spot here in Sta Cruz Laguna was about 5,000 peso's with air conditioning and internet and continental breakfast, I'm going to Sta Cruz tomorrow and will check the daily or monthly fees of a room.


Last edited by M.C.A.; 31st March 2013 at 07:00 AM. Reason: room rates
Reply With Quote Quick reply to this message
  #22 (permalink)  
Old 31st March 2013, 09:27 PM
Member
 
Join Date: Jan 2011
Location: Philippines
Posts: 531
Rep Power: 190
Phil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the rough
274 likes received
348 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

If for a short period it could be a good idea, No contact and obligations. I did that when I first arrive in the Philippines. It gave me security of my processions while I travel and the ability to move instantly. I stayed in a high price tourist area so it was expensive even thou I got a 50% discount on their monthly charge. The key here is no obligations until finding where one wants to live.
M.C.A. likes this.

Reply With Quote Quick reply to this message
  #23 (permalink)  
Old 31st March 2013, 09:46 PM
Munchie
Guest
 
Posts: n/a

Default

4000 per month. Could get you a door in a dorm, or bed space, maybe a roach motel. come on, your going to haul a fricken air conditioner every time u move around, (if it is still there when you return to your bed spacer)



Quote:
Originally Posted by mcalleyboy View Post
I would never pay that much money monthly for a room, Oh my God if you spend time here you will find out that's way to much money to throw away by about 16,000 peso's there's always a spot or room to rent, there's no shortage of internet cafe's that charge you 20 pesos an hr or 1000 pesos a month for your own connection and if you need an air-conditioned buy one and take it with you because a good air-conditioned "Carrier"here will run you about 20,000, you could squat some where? Rent a room for $1000 peso's max a month, I don't know where for you but your partner could find a spot and probably build a small concrete structure for 20,000 peso's on her family land, squatter area to heck with dealing with realtors and lawyers they all just eat you alive here, such friendly people with so much advice, no way been there done that, we earned our pensions these snakes can live well just on taking some of it from us by selling us homes or lots, you can find remote lots for I think 100,000 peso's in a scenic area around Pagsanjuan next to the lake and it don't flood in this area, or I think the motels or hotels here are so affordable that you could live in them, I think one spot here in Sta Cruz Laguna was about 5,000 peso's with air conditioning and internet and continental breakfast, I'm going to Sta Cruz tomorrow and will check the daily or monthly fees of a room.

Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #24 (permalink)  
Old 31st March 2013, 09:53 PM
Member
 
Join Date: Jan 2011
Location: Philippines
Posts: 531
Rep Power: 190
Phil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the rough
274 likes received
348 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by Glen48 View Post
12.5 million USA home owners said the same thing before their property was foreclosed.
A million's of others around the world said the same thing.
This won't affect us, house p[rices rise due to a bubble no other reason.
The US government commission reported that the world recession was caused by the USA housing crises. Banks had or thought they had no liability because of leverage. They were lending to anyone. Others were buying the bank’s liabilities in the form of CDOs and AIG insured their liabilities. Europe bought a lot too! Iceland became one of the highest income countries when the recession hit its wealth fell to one of the lowliest. In the days before this banks loan money to home buyers and banks had to be paid back. They were concern of their liabilities. There is no leverage, CDOs or AIG in the Philippine, banks do not use these. The same thing would not happen here. I still do not totally trust the banks for other reasons.
Asian Spirit likes this.

Reply With Quote Quick reply to this message
  #25 (permalink)  
Old 1st April 2013, 12:41 AM
Moderator
 
Join Date: Feb 2013
Location: Los Banos Laguna
Posts: 2,642
Rep Power: 281
M.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond reputeM.C.A. has a reputation beyond repute
2115 likes received
6678 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by Munchie View Post
4000 per month. Could get you a door in a dorm, or bed space, maybe a roach motel. come on, your going to haul a fricken air conditioner every time u move around, (if it is still there when you return to your bed spacer)

Only thing I can think of is you must be living in a very expensive tourist spot or close to one, this is the Philippines you don't have to haul anything yourself or install it, the workers are dirt cheap and always willing.

Like I posted earlier I will try to check the hotel/motel prices in my area, they are really cheap and offer allot, there's also a group of Australian men down in this area, I have talked with a few times and they invited me for talk and drinks in Pagsanjuan Falls area, can't remember the name of the club, Sta Cruz Laguna is real close to that area and has the hotels, motels banks, resturants ect..

but if you are blessed with vast amounts of money and don't mind spending 20,000 a month on rent I would keep doing it.
Asian Spirit likes this.


Last edited by M.C.A.; 1st April 2013 at 12:43 AM. Reason: another paragraph
Reply With Quote Quick reply to this message
  #26 (permalink)  
Old 1st April 2013, 01:47 AM
Member
 
Join Date: Jan 2011
Location: Philippines
Posts: 531
Rep Power: 190
Phil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the rough
274 likes received
348 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

I have a friend that has built hotels, large commercial buildings and numerous homes for his friends. He advised me on the best way to acquire land for a home here and said he would build it for me. His advice was do not do it! He said they are easy to buy but hard to get rid of. He said there are too many advantages of renting here and lots of rentals to chose from (owner could not sell them).
Asian Spirit and M.C.A. like this.

Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
rent to buy tonemar Spain Expat Forum for Expats Living in Spain 29 16th May 2011 06:53 AM
Rent to Buy edtree Britain Expat Forum for Expats Living in the UK 2 15th May 2011 10:48 AM
Rent richdev Italy Expat Forum for Expats Living in Italy 0 28th October 2010 06:38 AM
how to rent out apt? antoinette6 France Expat Forum for Expats Living in France 1 3rd June 2008 12:13 PM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 07:51 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.