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1
Real Estate Information / Re: renting property
« Last post by Frosty on Today at 04:16:11 AM »
Thanks for the info.

I have never lived in a condo but I might think about it.
we are planning to buy in the future, right now we are going to try living in the P.I. for about a year
before we make the commitment to buy land and build a house
I think if the right deal came along, for the right price, We would be interested in it.
2
Real Estate Information / Re: renting property
« Last post by medic3500 on November 13, 2018, 10:32:24 AM »
Have any of you had a problem with the price going up just because you are white?
We own some property on Bohol and I was not able to look at it until a price had been writen down.

How long do most leases last?

Are the utilities put under the renters name or under the onwers name?

Yes they tried it with me and again it was the lawyer owner from my previous post above. My wife did all the negotiating with the lawyer/owner. The first time he saw me he said he would have to raise the rent by two thousand pesos. I very politely said we have a signed contract and asked him if he was that corrupt in his practice. He turn beet red and didn't say anymore. Fortunately due to leaky roof and structural damage we voided the contract after a couple months and he actually gave back most of the deposit.
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Real Estate Information / Re: renting property
« Last post by M.C.A. on November 13, 2018, 08:17:00 AM »
Frosty the owner of the property would be the only one who would be able to hook up the electricity.  I've heard many expats that also get soaked by the landlord who will hook up his electrical line to your apartment, this happened to me but we have a house (in-laws and neighbors connected) and it was so bad that the electrical company told me to create another concrete post and start over so now I have a gate in between the posts, my bill went from 10,000 pesos no airconditioning to 3,000 pesos.   :(

Another issue I've come across on these forums is they don't like to give up their deposits and if you leave early and try to get out of your contract they'll report you to Immigration. 

Have you thought about owning your own condo?
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Real Estate Information / Re: renting property
« Last post by Frosty on November 13, 2018, 06:54:37 AM »
Have any of you had a problem with the price going up just because you are white?
We own some property on Bohol and I was not able to look at it until a price had been writen down.

How long do most leases last?

Are the utilities put under the renters name or under the onwers name?

5
World News / Regional Comprehensive Economic Partnership (RCEP)
« Last post by Peter on November 12, 2018, 02:36:52 PM »
Makes interesting reading.

From yesterday's APF News < https://tinyurl.com/y9wt28nk  >

Peter
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Expat life in Philippines / Re: Gold panning in the Philippines
« Last post by JoeLP on November 12, 2018, 08:41:09 AM »
Gold mining in the Phils is a different game.  Two fellow foreigners here in my area "mine gold".  They never do more than buy the rights to mine an area.  Then they have locals that go do the actual panning.  They get a cut.  But that's it.  At least for this area.  The "palms were greased" in the buying of the mining rights concerning government and other parties. 
One of them has made money of this in a nice fashion.  The other one is making money, but not much so far.  He's paid for the investment...but not much more than that.  But he's still going forward as the pay to the miners is a share.
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Expat life in Philippines / Re: Gold panning in the Philippines
« Last post by Peter on November 11, 2018, 12:57:58 PM »
Have travelled to the Philippines on and off for nearly thirty years. Was planning an extended break in the new year.

Having studied geology for a long time, thought would try a little gold panning in the rivers in the south ( research indicates untapped deposits) My question is, assuming I do make finds, where can I sell the gold? Assuming I cannot take out of the Philippines.

The Philippines' government legally requires all gold and silver which is mined (or otherwise discovered) to be declared and only sold to the relevant Government authority. As the law stands today that is the Bangko Sentral. (BSP).

Selling to non-licensed parties can/will result in stringent financial and custodial penalties, if you're caught.

If you want to go ahead, be aware that Filipino small scale miners in the area you are looking at, as well as any others who may be privvy to your scheme, may visit some violence upon your head if you don't cut them in.
And don't forget the various armed groups that operate in "them thair hills", that would love to have a foreigner's head on a stick.

Good luck with your plan.

Peter

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Real Estate Information / Re: renting property
« Last post by piozam13 on November 11, 2018, 11:14:34 AM »
we rented our place through a real estate/property manager while we were away.  she asked for 2 months + 2 months.  When the lease was up and the tenant gone, she paid for tenants portion of the bills (water, electricity, assessment, etc) before  returning the deposit. i think renting through some reliable property managers will somewhat ensure they keep true to the contract (but again never a guarantee).
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