I Gambled On The Philippines And Won Big!
HTML-код
- Опубликовано: 31 май 2024
- I Gambled On The Philippines And Won Big!
After making the decision to retire in the Philippines we made some property purchases with that goal in mind. How did it work out? Surprisingly well so far. We hope you enjoy watching this video. Please like, comment, and share! We also hope you will consider becoming a channel member.
Join this channel to get access to perks:
/ @marker44
Thank you for your time watching this video! We hope you enjoy it!
If you would like to help SUPPORT OUR CHANNEL through DONATION you can do so via our PayPal link. paypal.me/Marker44?locale.x=e...
WE APPRECIATE IT VERY MUCH!!
We would love to hear from you. Give us a shout at:
Marker44k@Gmail.com
Sometimes things just work out and we feel very fortunate for the good luck we have enjoyed. Hope you guys enjoy the video and feel free to comment.
the price of land has gone nuts over there
I listened to my wife of buying a house even before I saw where it would be built and I never spent more tan about 2 weeks in the Philippines. Our house was finished being built towards the end of 2019. We went to the Philippines in December of 2019 where I stayed until October of 2020 and my wife went back to the States in the end of January 2020. My wife wanted me to see how I liked living in the Philippines which I liked even though it was during the pandemic. Our house is in Silang, Cavite about 19km (12 miles) north of Taal. Both the pandemic and the eruption would've probably been more than most people could handle. I like the subdivision where we live and I like the people who live there. I never thought about living in a foreign country before but now it's all I do. Some people can adapt better than others so that probably has a lot to do with people moving there compared to just visiting there for an extended stay. Glad to have a house bought and paid for.
Sounds like you both are doing well. Congrats on the house!
My girlfriend/fiancé just got her K1 visa approved. She'll be coming to the US hopefully by Sept. 2024. She'll likely be working here close to 10 years and perhaps retire in the Philippines. We'll be looking at some land perhaps in the next few years. So, we'll have a place to call home when we do retire in the Philippines. Great that you guys made a good decision to buy properties in the Philippines. 👍
Best wishes to you both and congrats on the K1! I know the visa process is stressful.
@@Marker44 Thank you, yes K1 was a long journey. Best if luck to you too.
Great chat, It cost us $42k for a 213sqm lot in Imus 🤦🏻♂️. You’re exactly right. Depends where you’re at. Love what yall did with the home in the Phil’s.
Glad you enjoyed the video and congrats on the property!
I bought a farm lot in Cavite in 2016. It's a 2.1 hectare property @ P150/sq meter then sold it at P800/sq meter in 2022. We made very good amount of money and that set's up my early retiremet. At 60 y.o. I decided to retire and now enjoying it. If I could have hold on to it up to this time, I could have earned more because the prices had gone up considerably today.
Real estate is almost always a good investment as long as it is kept up. The market may drop occasionally but it eventually rebounds and then some. Sounds like you guys did pretty well. Take care there.
Thank you Michael. Take care!
Congratulations guys. Got back here in the Philippines may 25th. I’m adjusting myself so a slow pace and weather. 😁 for sure, I’m learning how to move SLOWER here😂 take care guys 🇺🇸🇵🇭
Take care there in the Philippines!
@@Marker44 thank you.
Me n my wife have been in our house since May 2013 (11 yrs now). We bought it at 30 yr fixed at 3.2% rate (now a good rate compared to todays). Our purchase price was $104,500.. now valued at $272,000!😮. Enentually planning on selling n using that $ to build our retirement home in Cagayan De Oro. Good video on your plans.😊
Looks like youre in great shape!
Congratulations Guys 🎉
From Davao City here😊
Thank you
Very happy for both of you..Follow your dreams and gut feelings!!!! Congratulations
Thank you so much!!
Good video!
Glad you enjoyed it. Thanks for watching!
Glad you're back making videos; have missed you guys! Nice having this conversation and sharing it with your viewers. Useful information for people going through similar circumstances/experiences. Building equity and sheltering income from taxation through deductible expenses by home ownership is a plus. Good to have Cecile express her opinions in contributing to the discussion. You go girl! Having a shared vision and detailed planning helped you achieve your goals. Securing your retirement and providing a future legacy for Liam is guaranteed with this type of investment philosophy. Continued success, good health and fortune to your GREAT family!
Thank you very much! We appreciate it.
And there's also a 1.3 hectares and planted w/ 113 manggo trees @ 800 pesos per sq meters.
I find your videos very calming with good information.
Glad to hear that!
As long as the USD currency or any currency is strong against the Philippine peso that would be more advantageous to foreigners or OFW Filipinos which has purchasing power but for the ordinary locals, this is a headache and tough.
My wife bought a 200 sq meter lot for a 100 sq meter house. Very small but it’s paid for. I bought a 60 sq meter condo for $120k usd. So we have two places in the Philippines and a house in Florida. The prices though have gone up so much in the last 3 years. Florida is outrageous now.
Congrats on the properties!
Good info in the video. Bataan real estate is going to skyrocket soon in my opinion with that bridge that will be built connecting the peninsula to Manila area. People who currently reside in Manila on the outskirts will be looking for property in Bataan. Lots in our neighborhood here in Pampanga are selling at 20K per SQM and up now, its crazy. A lot size of 120 SQM going for 3M+ is nuts to me but it is what it is. I am confident we can get at least 3M more for our house than what we paid for it. Which I won't complain about haha
It will be interesting to see the changes coming to Bataan with the new bridge. Good to know youve got some considerable equity in your place!
Worked overseas for 20 years. The U.S. is not the utopia people make it out to be. Moving abroad eliminates state and local taxes. Federal, state, and local governments want to separate you from your money.
Hello Mark it's been awhile. I feel that way leaving USA and move to the Philippines. Until this day i'm not ready to move back to the Philippines. We have a 3-story home in the province in the Philippines a beautiful home, but i can't see myself yet to move there. We go there to skip the winter here but then ever since the pandemic struck, i feel uncomfortable going back to live there. First off the WiFi sucks and the brownouts are annoying. And every time we go out going to grocery for example in the Philippines it felt like we have to watch our back every time. I don't like that. The law exist but not enforced. Enjoy life both.
Hope you can find a happy balance that works for you. Thank you for commenting.
It’s worth buying now especially good location are in short supply. As you get closer to a major metro area like Manila or Cebu the higher the prices are. We are 30 min from Metro Manila and land prices were we are at are selling for 42k pesos per sq meters. But is a secluded and resort type community with parks, multiple pools and weigh rooms. So I guess price will vary depending on these perks. The house and lot was 10mil pesos 2 yrs ago and has gone up since then. So, yeah don’t rent, but buy if you can.
Thanks for your input!
One the greatest investments one can make now is adopting a solar system model. Electricity costs are growing at an alarming rate in the Philippines. I plan to buy and redesign a house the way I like. Going solar will be a priority and of course getting Starlink.
Solar is on my wish list as well.
Congratulations on paying off your house. You are correct land has gone up a lot over the years. Enjoy watching your videos.
Thank you Keith! Glad youre enjoying the videos!
Well done to you both, yes a home or land will go up in time as it's like the same around the world, your both a great couple wish you well 😊
Thank you very much! We appreciate it.
Just got back to Bulacan
First heavy rain the first night LOL. Still tired from jet lag on Eva air to Clark .Future Asawa ko met me there in Clark , amazing New terminal there . No sweat getting thur Customs or gov people . missed money changed in terminal but turned out Ok . Will be here til 2 July. Wish me luck
Congrats on your trip to the Philippines! Have a great time!
I love your content
Glad to hear it Gary! Thanks for watching!
hello hope you'll stay here for sure until get old
That’s a good deal 3 million pesos for 400 sq meter lot in the Philippines. 👍
Hi Sir and mam, Im Edna from Dumaguete. here's a .farm lot for sale at the 700 pesos per sq metrs and the area is 16 hectares.
Hope you like to buy and sale later for how many years.
Thanks for sharing
better sell soon, the housing market is getting ready to crash.
Inflation is a home owners dream, anywhere in the world
Thanks for watching!
Keep thinking you hit it big. Yes you gained equity in your house in the US, but the houses in the Philippines remain the same or as we say here you can pay what ever price you want in the Philippines. Your house here in the Philippines is still worth what you paid for it because we do not have an appraisal program here. So no you did not hit the jackpot here.
We actually had our house appraised when we bought it. I can tell you that land and home prices in the Philippines have risen quite a bit since we bought our house in 2019. Agree to disagree
@@Marker44 my wife and I bought 1000 m² up in the mountains where it's cooler in negros oriental san jose 1-1/2 yrs ago for 500k pesos a 200sqm lot near us just sold for 500k pesos thats how much land has gone up snd continues to rise here
Ya so sweet make big.money on your fix up and then sell it. I have lived here since 2017. So go buy a new property. Good luck
Hey Scott I sent you an email.
Ive got a reply headed your way!
Have a dog scott
Yes we do
So did you get additional savings by paying it off earlier than the original bank terms of 15 years ? Just curious, because when I asked, there was no discount available.
We didn't get any additional savings other than the interest that would have been paid over the next ten years.