Simple Real Estate Investing for A Newbie Investor (Hotel 101)

My family has been living in a condo unit since 2012. We made this conscious decision since it turned out to be cheaper than buying a house (cheaper to own and rent one) and the location was great (at least for the choices that were presented to us). The reason why real estate investing is popular is because of the fact that there is a huge market of buyers. In business, we call this the target addressable market (TAM). The bigger the TAM is, the better for the business, since you have an ocean of paying customers whose need needs to be addressed.

In recent years, a new trend and investment option in real estate investing has been widely talked about, considered and jumped into by both experienced and new investors. It’s called Condotel Investing. And this form of investment has quickly gained popularity due to the fact that this opportunity promises passive income. 

Since I know that a lot of you, my dear readers, are looking for a safe haven on where to invest your hard – earned money, I took it upon myself to study condotel investing. I took a closer look at investing in Hotel 101, condotels from DoubleDragon Properties Corp. 

Before we jump into it, I’m sharing this investment checklist that you can use to assess different kinds of investment opportunities. Left 3 blanks at the end, just in case you want to add more  factors and questions.

Guide to Real Estate Investing
Investment Checklist that you can also use when considering real estate investing

Together, let’s go through assessing Hotel 101 as an investment opportunity. In looking for a good investment, let’s go through the things that you need to check.

Who is behind this business? How is the company doing?

For those who don’t know much about real estate investing (and I for one didn’t know this until I researched about it), Hotel 101 was developed by Hotel of Asia, Inc. which is a subsidiary of DoubleDragon Properties Corp. DoubleDragon Properties Corp. may have rung a bell for you since they are 35% owned by Jollibee (Honeystar Holdings Corporation; the Tan & Ang Families), 35% by Injap Investments Inc. (made their name when they established Mang Inasal) and 30% by the public (since they are a publicly listed company).

They also have other projects like CityMall, DoubleDragon Plaza, CentralHub, etc. They have assets worth Php 113.55 Billion with 37% year on year growth from 2018 to 2019. With the information that we have gathered, it looks like a stable company that’s far from folding and bankruptcy. 

What is the investment vehicle? What is Hotel 101?

Hotel 101 is a brand of condotels of DoubleDragon Properties Corp. which offers a simple and hassle free investment. Basically, investing in condotels is like investing in your own condominium unit, without the hassle of looking for people who will rent the place. It being a “hotel” comes into play, because Hotel 101 has a full-service staff, housekeeping (so you or the customer/renter need not worry about cleaning the unit), concierge services and amenities that guests can share. 

Now comparing Hotel 101 with other condotels, the former does not charge the investor maintenance costs, repair costs and association dues. With Hotel 101, the property developer takes care of all the operating expenses, unit repairs and maintenance.

Also, Hotel 101 has project locations nationwide. Hotel 101 – Manila is operational. Hotel 101 – Fort and Hotel 101 – Davao will be completed in 2021. They will also have projects in Boracay, Cebu, Bohol, Palawan and Libis.

How much do I need to Invest?

Since we are in the aspect of comparing, I love how simple it is to invest in Hotel 101. First of all, they have just one size for the Happy Room which is 21 square meters. All of the investors invest in the same size of unit. Other condotels have different sizes so it’s hard to monitor and track your revenue. Different computations make investing harder to understand for the beginner investor. Having one room size also allows all unit owners to own an equal share in the hotel revenues, so income share is distributed equally across unit owners regardless of whether their actual unit was used that month.

These are the four different payment schemes for Hotel 101, specifically for Fort. If the four payment schemes are hard to read, feel free to email Hotel 101 at inquiries@ddsales.com.ph.

In comparing it to 10 year Government Bond yields, you will see that the yield is significantly higher.

Real Estate Investing on Hotel 101 versus Government Bonds

How do I invest and how do I Earn?

When you invest in Hotel 101, it’s just like purchasing your very own condo unit, and Hotel 101 takes care of the rest. The property developer looks for people who will rent out the unit. They will take care of maintaining the unit, upkeep and making sure that the unit is clean and sanitized.

What’s nice about it is that you can also transact and make the investment from your home. You need not meet frequently with the property developer, as how it usually is when you purchase a condo unit. It’s really hassle free; you can invest while in the comforts of your own home.

How much is the return on my investment?

These figures below are approximate projections based on assumed figures for Hotel 101 – Fort. Occupancy rate is basically how much of the units are occupied by renters / customers. And just to give you an idea, Hotel 101 – Manila (current project) had an 89% occupancy rate last 2019 and even went up to 90% this 2020 (BPO companies would rent rooms for their employees to keep them safe and so that they don’t need to travel).                                                        

It’s very important to note that Hotel 101 also bases revenue share on the Gross Room Revenue and not on the Net Room Revenue. Be sure you check on this also when you’re seriously looking at condotel investing. The gross and net amount can make a huge difference on your projected or target return.                                

Real Estate Investing: Hotel 101 Revenue Projections
If you need a copy of this, you can again email inquiries@ddsales.com.ph

So checking on the location of the condotel investment (with any property in real estate investing) is crucial, because you need to foresee what the occupancy rate will be. For the two new projects of Hotel 101 in Fort and Davao, you can check out their website Hotel 101 to ask for more information. 

Real Estate investing in the Philippines

I personally have seen the location of these two projects and these are good locations for condotels. 

And in terms of Return on Investment or ROI, you will always have an annual return for as long as the hotel is operational. What varies is the rate of return. With Hotel 101, you will also be given 10 FREE nights to stay in the hotel and enjoy the amenities. It’s good to use it and test it out, too, so that you can give constructive feedback to the property developers. The 10 free nights compose of 5 free stay vouchers to be used in the project where the unit is located and the other 5 free stay vouchers can be used in any Hotel 101 anytime you wish, subject to room availability for free voucher use. Comparing it to other condotels, the others give out 15 free nights, but you can’t use it on peak days. 

Revenue is also paid out every month! Can you believe that? For other projects, they only distribute revenue share annually or quarterly.  

Aside from that Unit owners receive 30% of Gross Room Revenue every 16th day of the succeeding month, and the 30% of Gross Room Revenue is divided equally among unit owners, regardless if their unit was used (unlike traditional rentals). 

What do you need to continuously check?

In my opinion, if in your investment plan, you plan to invest in vehicles that need not require too much attention, investing in Hotel 101 is a good investment. I think the things that you need to monitor are (1) news about DoubleDragon Properties Corp. and Hotel 101; and (2) ask about Occupancy Rate every so often. 

The reason why you need to monitor news about Hotel 101 is because branding and a good reputation matters to the end consumers. How they keep their units clean and sanitized, what are they doing to protect the safety of all renters, etc. matter to people especially during these times.

Conclusion

They say that those who become successful during times of recession are those who can spot good investments. Investing in condotels, specifically in Hotel 101, is something that you may want to consider. It’s simple to understand. Investing in Hotel 101 also doesn’t require much effort so you can focus on spending time with your family while earning passive income.

If you have more questions about real estate investing, particularly this investment, you can reach them at:

Website: Hotel 101 

Mobile: +639175078111

Email Address: inquiries@ddsales.com.ph

Hotel 101 Facebook 

A Comprehensive Guide to Singlife and GCash Cash for Dengue Costs

Singlife and GCash Cash for Dengue Costs

The fear of getting sick, the fear of losing a loved one, and all other fears related to our physical well-being became more REAL during the pandemic. It’s not something that we should panic or worry about. Since these types of fear come from potential future threats, we can fight fear with proper planning. And what I am amazed with is that unique and convenient tools to help us plan for our future suddenly pop out! One that comes to my mind is the Cash for Dengue Costs from Singlife and GCash.

During these months in the Philippines, Dengue is prevalent. For those who don’t know, Dengue is caused by a mosquito bite. When I had dengue before, the symptoms (sintomas ng dengue) started three to fourteen days after you are bitten. It’s so hard to have Dengue nowadays because you’d think it’s COVID-19 especially when you have some dengue hemorrhagic fever symptoms like high fever. So just to share a few of Dengue’s symptoms, aside from high fever, you’ll probably have really bad headaches, vomit at times, have muscle and joint pains, and skin rashes. Recovery is also quite long since it takes two to seven days.

I briefly discussed this partnership between Singlife and GCash in this post: SINGLIFE AND GCASH LAUNCHED NO-FUSS PROTECTION. I was happy to see that a lot of you really wanted to learn more about Cash for Dengue Costs. In this article, I will give you a comprehensive guide on what Cash for Dengue Costs is, how to avail of this product and other details that you may be curious about.

What is Cash for Dengue Costs?

Singlife is a mobile-first digital life insurer that makes savings and protection products accessible to more Filipinos and their families. Since they leverage on technology, they can make plans more affordable and most importantly, hassle-free for each individual. These things are seen and experienced in the first product that they launched with GCash — Cash for Dengue Costs. This product gives Filipinos protection from unforeseen medical costs due to having Dengue and COVID-19. 

How much do I need to pay and how much is the coverage?

Let’s go straight to the thing that surprised me the most! When I actually mentioned this to my husband, he thought I made a mistake when I said that these were the costs per year. He said, “You mean Php 700 per month, right?”. I double checked and these amounts are really what you need to pay yearly!

BronzeSilverGold
30 days old to 16 years oldPhp 750 per yearPhp 1375 per yearPhp 1750 per year
17 years old to 54 years oldPhp 300 per yearPhp 550 per yearPhp 700 per year
Benefit:Test Allowance
Confinement Allowance
Medical Cost Reimbursement

500
Up to 40,000

Up to 100,00

1000
Up to 80,000

Up to 200,00

1500
Up to 120,000

Up to 300,00

Let’s talk more about the Benefits!

Basically, purchasing any of the plans allows you to reimburse medical costs or expenses related to Dengue (and even COVID-19 for the first 10,000 customers who avail Cash for Dengue Costs on GCash).

The three benefits are:

  1. Test Allowance: You can reimburse the costs for tests taken to determine if you have Dengue or COVID-19. This has a limit and varies depending on the plan that you availed.
  2. Confinement Allowance: If you are confined due to Dengue or COVID-19, you can reimburse the cost of confinement. Again, this is up to a certain limit as indicated on the table above. And take note, this is on top of reimbursements from your HMOs or Philhealth if you are planning to avail those, too. 
  3. Medical Cost Reimbursement: You can reimburse the medical costs due to severe Dengue and COVID-19 up to the limit indicated above.

Again, the FREE COVID-19 cover is just an introductory offer for the first 10,000 customers who will avail of Cash for Dengue Costs on GCash from Singlife.

Who can purchase or avail Cash for Dengue Costs?

Only those with a fully verified GCash account and in between the ages 18 to 54 years old can buy Cash for Dengue Costs. You should be in good health and not a confirmed COVID-19 case. You are a Filipino citizen or a foreigner who is a legal resident of the Philippines. If you are qualified, you can receive your policy in less than 5 minutes. 

Just follow these steps:

Click on the GInsure Icon.

Cash for Dengue Costs 1

Go to the Marketplace and click on the plan that you like.

Cash for Dengue Costs 2

Click on Buy Now at the bottom of the page.

Cash for Dengue Costs 3

Choose if you’d like to protect yourself or you and your family.

Cash for Dengue Costs 4

Make sure that you have chosen the plan that you like with the correct coverage level.

Singlife Cash for Dengue Costs 5

Key in the details of your family members. For individual plans, no need to enter anything.

Singlife Cash for Dengue Costs: Enter Details

Review the plan and details. Once you are good, click on “Confirm and Pay”. That’s it!

Singlife Cash for Dengue Costs: confirm page

Note that customers are entitled to only one (1) policy each, either an Individual Plan or a Family Plan which includes qualified dependents.

It’s so easy that you don’t need to talk to anyone or have a face-to-face meeting with anyone just to avail of this product. As you can see, the process is purely digital from signing up and availing the plan to filing claims and securing payouts.

To renew your plan, the amount will automatically be deducted from your GCash wallet on the day of its expiration. 

How to File Claims and Secure Payout?

Just in case (and we wish that you and your family won’t have to go through this) you need to file a claim, filing claims and receiving payouts all happen within the GCash app as well. This makes things all the more convenient, especially now that outdoor movement is still limited because of the pandemic. 

You can submit the details of your claim and upload supporting documents through the Manage Insurance page on GCash. Just scan and upload these references. 

The benefit for Dengue and COVID-19 positive test allowance claims will be paid out within 24 hours. Other benefits will require thorough review but once approved, payment will be issued within 3 banking days. 

If Singlife needs more documents or needs to clarify something, they will contact you.

All payments will be credited directly to your GCash wallet or to your nominated bank account. 

Aside from answering the questions above, here are some of the frequently asked questions of Cash for Dengue Costs:

For answers to more questions, please visit: https://www.gcash.com/singlife-cash-for-dengue-cost/

So did I purchase the Singlife and GCash Cash for Dengue Costs? Of course, I did!

I got the Gold Plan (Family plan). One of the features that I like is that it’s convenient to purchase a plan. I can just read about it and I don’t need to talk to anyone. The entire process is online. The product is simple enough to understand. 

What made me decide to get Cash for Dengue Costs for my family is that I’ve realized many times that good health for family is what I value most. When Zeeka was 6 months old, I got Dengue. I had to pay Php 60,000 in hospital fees and medication, because I didn’t have insurance. The question for me is simple: Am I sure that I won’t get Dengue and possibly pay Php 60,000 again or should I just pay Php 700 now?

For me, good health, safety and security of my family comes first. I would put that as my top most priority, and the last thing that I want to scrimp on is healthcare. With this, I’m assured that I get quality healthcare in the hospital of my choice. 

If you have any questions about the product, feel free to contact Singlife: Email them at help@singlife.com.ph, or call them at +632-9299-3737. Their customer service representatives are also available from Monday to Sunday, 9:00 AM to 6:00 PM.

Foreo Bear Review: Facial Workout at Home

Do you do facial exercises? Do you work out your facial muscles? I’ve been reading up and exercising your facial muscles can help with toning the face and also help give you glowing skin. With blood circulating in the face more, oxygen, vitamins and nutrients reach the cells in your face, too. Since I’ve seen the benefits from the products of FOREO, aside from the FOREO UFO and FOREO UFO MINI, I wanted to try BEAR by FOREO Sweden. This blog is about my Foreo Bear Review.

BEAR gives you an energetic facial workout. So just like the other Foreo products, you register and link the device with the mobile application that goes with it. 

Foreo Bear Review

Let me introduce you to BEAR.

Foreo Bear Review: Foreo Philippines

It gives you an energizing facial workout with its microcurrent  technology and the T-Sonic pulsations. It’s also very safe to use because of its Anti-Shock System. The Anti-Shock System scans and measures your skin’s resistance to electricity and automatically adjusts microcurrent intensity for both safety and comfort. BEAR adjusts microcurrent intensity automatically in just 0.002 seconds, so no need to worry about feeling uncomfortable.

It should be connected to the FOREO For You app to guide you in your facial fitness routine. You can also choose to increase or decrease the microcurrent intensity using the app.

The design looks like a bear and is ergonomically shaped to fit facial curves. You can use a fully charged BEAR by FOREO Sweden 90 times, so there is no need to keep on charging the device.

Foreo bear microcurrent toning device review

How to Use the BEAR by FOREO Sweden

Turn on the Foreo For you mobile application. It will ask you to use the Foreo Serum. You will need to use the Foreo Serum and spread it all over your face. The Foreo Serum contains squalene that is an antioxidant and Hyaluronic acid that hydrates your skin. Once your skin absorbs the serum, you can start the treatment using the FOREO BEAR.

My Personal Experience Using BEAR

I was pleasantly surprised when I used it! You will feel a microcurrent running through your skin. It’s surprising if it’s the first time that you are using it. FOREO BEAR and the FOREO BEAR Mini are the only at-home microcurrent devices that feature an Anti-Shock System so it’s really safe to use. 

You will feel these superior microcurrent & T-Sonic pulsations as you use the FOREO BEAR and go through the treatment. The session only lasts for a few seconds, but again the benefits are a lot! If you feel you want to increase the intensity of the microcurrent, just adjust it in the FOREO For you app.

I use BEAR every evening. During these times when I can’t go to my derma or even have a facial (I’m too scared to leave the house), it’s a nice feeling to know that you can have it at your home. 

My skin care routine starts with me washing my face thoroughly. After using my toner, I immediately jump into this session with my BEAR. I use my FOREO UFO after to end my routine.

Foreo Bear Review: Before using the foreo bear microcurrent toning device
Foreo Bear Review: After using the foreo bear microcurrent toning device

After using BEAR, I feel that my skin is tighter and toned. It really feels like my skin is more energized and alive! I love how my jawline feels so toned and chiselled after use (though you can’t probably see it in the pictures).

The most noticeable and visible change in my after pics are the lines under my eyes and on the side. The lines are less visible! BEAR really helped minimize my laugh lines around my eyes. 

That’s the most visible change, so I really look forward to using this continuously. I’ve been using it for close to a month now, and I’m excited to see how my skin will improve more as I age (so ironic!). 

My favorite BEAR feature would have to be the microcurrent (as surprising as it may seem to many!). I feel that it’s really effective and I feel that it will really delay wrinkles and saggy skin from showing up.

So that’s it for my comprehensive Foreo Bear Review. Try it, too, and let me know what you think!

Check out the product at Sephora.ph: https://foreo.se/5kc

P.S. Here is the other article that I wrote about the FOREO UFO and FOREO UFO MINI

Mary Kay Naturally

As a beauty b/vlogger, I would often try whatever I see online. But as I grew more older and more mature in this profession, I realized that what I’m doing affects my overall health. The skin is the largest organ of the body and it’s just right that we care for it as much as we care for the other parts. Today, I’m so happy that I got to receive another product (actually a whole line of products) that is natural. So it’s called NATURALLY from Mary Kay and this natural skin care line just launched in the Philippines.

I don’t have time to vlog yet this week, since I’m testing another product that I will write about soon, but I just wanted YOU, my dear readers, to be the first few people to know about Mary Kay Naturally. This line is composed of a cleanser, exfoliator, oil and moisturizing stick that helps heals and revitalizes your skin.

The ingredients of this line are almond oil, olive oil, cornflower, floral water, and candelilla wax to name a few and these are all natural ingredients and naturally derived (90%). All of the products in this line are free from parabens, phthalates, synthetic fragrance and dyes, and SLS/SLES.

To guarantee that everything from sourcing and processing, to manufacturing and packaging are adherent to consumer guarantee standards, EcoCert (European certification body) has given Mary Kay Naturally a COSMOS Natural Stamp. What I like about this line is that it really takes sustainability seriously.

And since it’s made out of natural ingredients and derived naturally, those with sensitive skin can use these products.

Steps and different products:

Mary Kay Naturally Purifying Cleanser

Instructions: Apply to cotton pad and massage onto damp face. Rinse thoroughly and pat dry.

The Mary Kay Naturally Purifying Cleanser removes dirt and leaves skin soft, refreshed, hydrated, and comforted without the tight, parched feeling from chemical cleansers.

Mary Kay Naturally Exfoliating Powder

Instructions: Shake the container well and avoid eye area and inhalation of the powder. Get a quarter size amount of powder onto your palm. Slowly add water and try to get that consistency that you want. Customize by adding 2-3 drops of Mary Kay Naturally Nourishing Oil. Massage onto your face and rinse thoroughly. Pat dry after.

I’ve been double cleansing ever since a few years back and after I double cleanse, I normally use an exfoliator. This Mary Kay Naturally Exfoliating Power is a gentle exfoliator that absorbs excess oil, encourages skin cell turnover, and soothes skin with an all-star composition of rice starch, hydrogenate castor oil, citric acid, and baking soda. I can’t wait to try this out. I’m surprised that an exfoliator comes in powder form and excited to see how it helps eliminate dead skin cells and dirt.

Mary Kay Naturally Nourishing Oil

Instructions: Apply 2-3 drops to palm, press both palms together and then gently massage onto your face.

I’m excited to use this nourishing oil which has moisturizing and antioxidant properties. Sweet almond oil, sesame oil, olive squalane, and Vitamin E work together to hydrate and nourish skin, leaving it
smooth, soft, and supple to touch. This can be used not only for the face but also for the elbows, hair and nail cuticles for extra moisture.

Mary Kay Naturally Moisturizing Stick

Instructions: Smooth onto dry areas of face and body.

This Naturally Moisturizing Stick is quite unique. This is the first time that I have actually tried using a moisturizing stick. This product is for those with especially for dry skin. The moisturizing properties of candelilla wax, beeswax, and squalane along with antioxidants sunflower seed wax and sunflower seed oil are fused in a balm formula that can be used to treat dry patches on the face, elbow, knees, cuticles or heels.

I’ll be testing this out come November and I’ll let you know what I think. If you are using any of these, hope you can share with us your experience and comment on the comment section below.

Have a great day!

How to Protect your Business

Are you sure that your business is properly protected against all the potential threats it might face? There’s a lot that can go wrong and taking unnecessary risks is no way to run a sustainable business. Maybe now is a good time to think about how you might go about making your business safer and more secure. Each of the ideas on how to protect your business that I’m about to share will enable you to do exactly that.

Hire a Lawyer

First of all, you should look into the possibility of hiring a lawyer for your brand. Having an attorney that you can trust and turn to when you find yourself in any legally dubious waters is massively valuable. If you are just starting a business, try to incorporate lawyer fees into your projections as soon as you can allot a budget for it. If you can’t afford it yet, just look for one who you can easily turn to for help. Finding one you trust makes sense and being able to build a relationship is key too. That trust and understanding could be huge for you in the future when their services are really needed.

Create Different Permission Levels for Employees

Not all of the employees who work for your business should have the same access and permission levels assigned to them. This can become a problem because internal fraud does happen and it takes place when new or rogue employees take advantage of the trust that’s been placed in them. You shouldn’t let that happen. Instead, create different permission levels of different employees. Always keep the administrator access for yourself (owner / founder of the business) or for the head of your Engineering team.

Put the Right Insurance Coverage in Place

Another tip for how to protect your business is to have the right insurance in place for your business. Of course, the kind of insurance you’re going to need will depend on what kind of business you run and what the risks you face on a day to day basis are. Consult an Insurance industry expert if you want further advice on the best insurance coverage for your business and its specific needs. In the Philippines, if you register your business in the municipal hall, they require for you to have a comprehensive general liability insurance. Read your policy. See what’s covered and see if it’s enough.

Afbeelding van Free-Photos via Pixabay

Use Smart Passwords

If your business is going to remain properly protected for a long time to come, using smart passwords is something that’s really important. Password security is so well-known and understood that some people dismiss its importance or overlook how significant it is. Don’t put yourself in that position; instead, create strong passwords across all different devices and accounts that your business relies on.

Secure Your Physical Location

Securing your physical location and improving its overall security levels is another thing you can work on. Using stronger locking systems, changing how people come in and out of the premises and installing things such as CCTV systems are all things you might want to consider. For internal security, it’s also a good idea to have safes in operation inside your workplace.

As a business owner, it falls to you to make sure that your business is properly protected. This is all within your control and the decisions you make today will dictate how well-protected your business is tomorrow and in the months and years to come. So don’t hesitate to make the most of the advice above.

I hope these tips on how to protect you business helps you out. If you want to add more, please feel free to comment on the comment section below.

P.S. Please read my blog posts on data privacy and safety (contributed by my husband, EJ). It’s a 3 part series.