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Living In A Puerto Rico Apartment For $1,000 A Month | Unlocked

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CNBC Make It

CNBC Make It

Күн бұрын

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@CNBCMakeIt
@CNBCMakeIt Жыл бұрын
Do you rent or own? Share your story with us for a chance to be featured in a future installment of Unlocked: forms.gle/jXxFsQnUtHNSHBDu6
@boostmobile5326
@boostmobile5326 Жыл бұрын
Why rent when you could own? A $1,000 a month in rent is OK if you are not planning on staying in Puerto Rico.
@boostmobile5326
@boostmobile5326 Жыл бұрын
Why rent when you could own? A $1,000 a month in rent is OK if you are not planning on staying in Puerto Rico.
@rbr0188
@rbr0188 Жыл бұрын
They got a REALLY real good deal but this is not at all typical in Puerto Rico. Furthermore, what is not being said is that the average salary in Puerto Rico is much lower than that of the mainland United States. Wouldn't surprise me if they were only bringing in $50k combined. Also for those thinking it is a good idea to start house hunting in PR, the average rent in San Juan is almost $1700 for much less space. At $1000 per month, they are probably getting a hefty subsidized discount by a family member or good friend who is renting the space out to them. Other things to consider when you compare this to bigger mainland U.S. cities that have comparable rent: *Your salary in Chicago/DC is going to be 3x more than what I can make in San Juan. So unless I have a remote job, I won't be able to afford the "cheaper" apartment in San Juan because my local salary won't keep up *It's pretty hard to survive in Puerto Rico without a car. Cars have their own maintenance expenses. Also have you thought about the cost of gas being imported into the Island under the constraints of the Jones Act? Pretty expensive. One can live in a place like DC/Chicago and not even get a drivers license because the public transportation infrastructure *Speaking of infrastructure, have you ever been to Puerto Rico during hurricane season? Nothing like spending 3 days in the dark because the privatized electrical grid has caught on fire for the 4th time in 2 months *Have you seen Puerto Rico's local and federal tax requirements? Even if you have a remote job with a good salary, have fun paying those taxes every paycheck *Por fin....hablas espanol? Si contestó "no" entonces buena suerte con encontrando un trabajo en Puerto Rico a pagar tu renta There is alot more to this than saying $1000-1700 rent in Puerto Rico is cheaper than a place like New York or Chicago. I like Puerto Rico and visit often but lets not pretend this issue simply comes down to cost of apartments. Unless you are a crypto millionaire that can go hide out in Dorado, simply moving to Puerto Rico to pay lower rent isn't as easy as it sounds
@rbr0188
@rbr0188 Жыл бұрын
@T B Not when the average salary is $33,000 a year pre-tax. I live in DC, pay less than that in rent, and make almost 4x more.
@holdupnow2326
@holdupnow2326 Жыл бұрын
She said she got the apartment from Facebook marketplace from the owner. $1700 for a 1 bedroom 2 bathroom is cheap compared to apartments in the states for a 1 bedroom without 2 bathrooms starts at $2,000-$5000.
@rbr0188
@rbr0188 Жыл бұрын
@@holdupnow2326 Even though similar apartments in San Juan are more likely to go in the mid-$2000s, lets just go with your price point for the sake of argument. I pay $1700 for a 1 bedroom in San Juan and pay $2100 in DC or Chicago for a similar place. Have you considered the following; *My salary in Chicago/DC is going to be 3x more than what I can make in San Juan. So unless I have a remote job, I won't be able to afford the "cheaper" apartment in San Juan because my local salary won't keep up *It's pretty hard to survive in Puerto Rico without a car. Cars have their own maintenance expenses. Also have you thought about the cost of gas being imported into the Island under the constraints of the Jones Act? Pretty expensive. One can live in a place like DC/Chicago and not even get a drivers license because the public transportation infrastructure *Speaking of infrastructure, have you ever been to Puerto Rico during hurricane season? Nothing like spending 3 days in the dark because the privatized electrical grid has caught on fire for the 4th time in 2 months *Have you seen Puerto Rico's local and federal tax requirements? Even if you have a remote job with a good salary, have fun paying those taxes every paycheck *Por fin....hablas espanol? Si contestó "no" entonces buena suerte con encontrando un trabajo en Puerto Rico a pagar tu renta There is alot more to this than saying $1700 in Puerto Rico is cheaper than a place like New York or Chicago. I like Puerto Rico and visit often but lets not pretend this issue simply comes down to cost of apartments. Unless you are a crypto millionaire that can go hide out in Dorado, simply moving to Puerto Rico to pay lower rent isn't as easy as it sounds
@mlugo1596
@mlugo1596 Жыл бұрын
Thank you for this post because it gives a reality of the whole situation @rbr018 also to add to her comment, the electricity bill is ridiculously high because of a lot of factors, AND also grocery shopping is more expensive than a lot of states because of imports. So yeah consider that in the budget. Also price for internet is high and the connection usually sucks. Just keeping it real
@ldgfootage
@ldgfootage Жыл бұрын
@@mlugo1596 true
@lawrencegabriel5294
@lawrencegabriel5294 Жыл бұрын
Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life
@selemaeva7758
@selemaeva7758 Жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", we most be successful in life I say this with strong faith 🙏🙏🙏
@saraezra1106
@saraezra1106 Жыл бұрын
Amen! 🙏 But I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
@clintonilayira6380
@clintonilayira6380 Жыл бұрын
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
@dicksonclark3987
@dicksonclark3987 Жыл бұрын
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet
@carlosfrancisco6627
@carlosfrancisco6627 Жыл бұрын
Wow I'm just shock you mentioned and recommended Expert Mrs Janet,I thought I'm the only trading with her
@Quiblets
@Quiblets Жыл бұрын
The video is about living in HATO REY, but everything is filmed in OLD SAN JUAN. Two complete different places.
@thenation2093
@thenation2093 Жыл бұрын
They have a really cute apartment and the rent price is great! Good luck to them!
@mghoang
@mghoang Жыл бұрын
They live in Hato Rey but the shots of them walking around outside is old San Juan. Little weird that the producers had shots of them walk-in in OSJ while she was describing them living in the middle of it all in Hato Rey. No big deal but I was confused for a second lol wondering where I’m Hato Rey it looks like that
@brikset174
@brikset174 Жыл бұрын
Diantre! … $1K in the capital w/ 3 bedrooms and 2 baths with Washer / Dryer in unit … 🤯
@frankc5707
@frankc5707 Жыл бұрын
There is no way that apartment is 644 square feet. Must be larger
@soccerchick1
@soccerchick1 Жыл бұрын
Atleast 1000
@antonioabadia3507
@antonioabadia3507 Жыл бұрын
could be sq meters
@CarlosG2288
@CarlosG2288 Жыл бұрын
@@antonioabadia3507 sq meters would be too big, 644 sq m = 7,000 sq ft. That 644 must be a typo
@gilded.cherub
@gilded.cherub Жыл бұрын
What an awesome post! Beautiful aesthetic! You have created a lovely home, and I like that you include very practical advice for natural/weather issues unique to island life; but it is still useful advice for any abode....to include evacuation plans. Puerto Rico is lovely!
@kevinb8881
@kevinb8881 Жыл бұрын
Seriously, if I were them, I would stay there while they have it good with a $1000 monthly rent!!!
@fdoctor79
@fdoctor79 Жыл бұрын
$1,000 per month for a 3 bdrm/2 ba, what a bargain! And the decor really suit their style! Tfs
@rmcc0621
@rmcc0621 Жыл бұрын
It’s 644 square feet, it’s a tiny apartment.
@Forreminiscing
@Forreminiscing Жыл бұрын
My mom owns a three bedroom apartment in dorado and she pays less $1000 aswell, it’s a blessing
@seedblossomful
@seedblossomful Жыл бұрын
no way this is 644 sqft for 3 bedrooms and 2 baths.
@ktg8670
@ktg8670 Жыл бұрын
I was thinking the same thing. It's likely at least 1,000-1,200 sq ft.
@scaninvage
@scaninvage Жыл бұрын
At first, I thought so too. But then I realized that it's still possible, especially if you notice how small is each of their rooms. For comparison, I live in a 700-ish sqft studio apartment. It's possible for me to partition this space and get 3 smalls rooms + a decent living/dining area.
@Chrissieb.rackett
@Chrissieb.rackett Жыл бұрын
Came to the comments to say this. NO WAY
@antonioabadia3507
@antonioabadia3507 Жыл бұрын
Could be 644 sq meters.
@toriesout2702
@toriesout2702 Жыл бұрын
@@antonioabadia3507 it’s probably just a typo; maybe 944 or even 1644sqft. 65sqm is 700sqft so 644sqm would be way too big.
@hoyola1
@hoyola1 Жыл бұрын
Valentina there is part of the high class in the island. She's paying 1k because she have high standards. But if you are a little humble and don't require to live in the capital which in my opinion is crap you can find whole houses for as low as $800 or maybe less a month in beautiful towns.
@rebeccagutierrez1960
@rebeccagutierrez1960 Жыл бұрын
I moved to Puerto Rico 6 years ago and ALL my living expenses total to a bit less than $1,000. My mortgage is only $320 a month. I own a comfy 3 bedroom house with some land up in the mountains 45 away from the capital.
@Joanna-nb3bc
@Joanna-nb3bc Жыл бұрын
I was thinking the exact same thing. I have never and will never pay above $400. Hato Rey is not safe to walk at night and you have to drive to all the venues. I've seen lots of houses for reasonable prices in good places. Houses aren't too expensive, the problem is competition that is driving up the prices.
@sweetness_5772
@sweetness_5772 Жыл бұрын
Rents are going up. Shocker!
@holdupnow2326
@holdupnow2326 Жыл бұрын
Blessed the owner for not raising the rent each year. He/ she could be charging $3000.
@nuestrosvideos9791
@nuestrosvideos9791 Жыл бұрын
3,000 are you stupid. For that price you could get something better.
@brendanodowd4849
@brendanodowd4849 Жыл бұрын
Lovely home!
@lichi1244eva
@lichi1244eva Жыл бұрын
I've been to PR several times, and after my last visit, I decided I want to move there. This video was helpful.
@Rhukken
@Rhukken Жыл бұрын
My friend, Hato Rey area is not good and her apartment is in old san juan in the shots. Plus you can get a house for less payment around the island. Shes actually loosing money.
@lolomar
@lolomar Жыл бұрын
@@Rhukken hato rey is decent, we lived in guaynabo and would head to the san juan area frequently. santurce and hato rey seem to be getting expensive rather rapidly and have a growing, “hipster” scene.
@Quiblets
@Quiblets Жыл бұрын
@@lolomar it's not growing. All the contrary, it died out after Hurricane Maria.
@kevinshane85
@kevinshane85 Жыл бұрын
​@@Quibletsit's growing with Gringos
@edyann
@edyann Жыл бұрын
Héctor Lavoe. 😚🇵🇷
@soccerchick1
@soccerchick1 Жыл бұрын
This should be the max cost of rent across Canada.
@electrikoptik
@electrikoptik Жыл бұрын
You can thank all the Indians and Chinese for raising the rent.
@BiesingerFIREJourney
@BiesingerFIREJourney Жыл бұрын
Very cool to see this story! My wife and I moved abroad to Asia after hitting Coast FIRE. The cost of living is cheaper here which makes our passive income streams from the US more valuable.
@yasinnabi
@yasinnabi Жыл бұрын
Life is all about decisions, there is no right or wrong decision, but better decisions can provide good results. bases on my own experience. BTW: I enjoyed watching your videos, thanks for sharing, a fellow creator...
@Hawkfeet
@Hawkfeet Жыл бұрын
In my city 1000 dollars/month can get you a 7 room flat with roof
@lottiedah903
@lottiedah903 Жыл бұрын
Love the style and the space! They are a lovely couple.
@juliehernandez80
@juliehernandez80 Жыл бұрын
$1000 for a 3 bedroom? Wow! Bummed to hear that rent is going up for other renters throughout the island … Beautiful home. Happy New Year!
@rmcc0621
@rmcc0621 Жыл бұрын
It’s only 644 square feet. The rooms have to be tiny.
@charletfoster8917
@charletfoster8917 Жыл бұрын
Love this unit👍🏿
@SenorDecimus
@SenorDecimus Жыл бұрын
RIP Tini 🐾♥️
@janetpattison8474
@janetpattison8474 Жыл бұрын
They have a big place. If I lived there, I’d be looking for an inexpensive studio, w/ AC. I’m hoping to see the country soon.
@CaraMarie13
@CaraMarie13 Жыл бұрын
Absolutely love that two color wall. Am looking to paint over my bedroom because that light gray color i picked is not doing it for me but I love those colors.
@Kevin-oc2jb
@Kevin-oc2jb Жыл бұрын
This looks a lot better than what I see on Zillow for much higher prices. Where do I go to find all the rentals?
@manishatulpule7222
@manishatulpule7222 Жыл бұрын
Thanks for sharing. Very useful
@jPuma817
@jPuma817 Жыл бұрын
Nice video, thanks for sharing, love the apartment, totally ideal, I'm from PR too, I never lived there as an adult and always been thinking about it in the back of my mind to move there, even for a few years at least, btw if you moving to another country I recommend Portugal/Spain with the Digital Nomad Visa that just came out, plus 2 years in Spain, you can get citizenship and no language barrier, its definitely in my future plans post PR
@faqu529
@faqu529 Жыл бұрын
The apartment is AMAZING ❤️
@whitneybrown4067
@whitneybrown4067 Жыл бұрын
This is Gonna b so Insightful🔥🔥🔥👍….
@samuelherkimer8253
@samuelherkimer8253 Жыл бұрын
Isn’t it really hot there? How do you deal with the humidity
@ezioaltairac
@ezioaltairac Жыл бұрын
Not always. Depending on where you are, there’s a decent breeze from the ocean.
@rebeccagutierrez1960
@rebeccagutierrez1960 Жыл бұрын
Puerto Rico is NOT hot all year round. It's hot only during the summer months (just like you would experience anywhere else in the world.) Actually right now, as I write this, it's a bit chilly tonight. It's the 2nd of March.
@charlita25
@charlita25 Жыл бұрын
Taco 🌮 and coco 🍫 aww 🥰🐱
@ljordan15
@ljordan15 Жыл бұрын
Where did you get that laptop stand, that is nice, can you share a like to it?
@omarileedelegance
@omarileedelegance Жыл бұрын
GORGEOUS PLACE #perfection
@yellowman617
@yellowman617 Жыл бұрын
It's weird when ppl say partner....it's not committal
@Law19157
@Law19157 Жыл бұрын
It's moronic to rent forever, you never build equity and you risk being evicted when you can no longer afford the rent. These are the same people who cry about being evicted and not being able to afford rent when rent increases. If you buy a town house or Condominium you can at least keep your monthly payments the same for the next 30 years if you have a fixed interest rate with the option to refinance to get a lower interest rate. You also build equity in your property due to inflation and housing demand, the value of your property increases over time which you can then use for your retirement if you move some where cheaper.
@retrogamer2548
@retrogamer2548 Жыл бұрын
This is sooo cheap. I'm moving from NYC to Puerto Rico. Made up my mind.
@manuelseda9197
@manuelseda9197 Жыл бұрын
ohhh nooo!
@theforeignerinamerica1817
@theforeignerinamerica1817 Жыл бұрын
get passive income in the US and go live to Mexico. You will live like a king. Only be careful not to be flashy since you will attract the wrong people if you know what i mean.
@jammpr
@jammpr Жыл бұрын
The beatiful U.S. territory of Puerto Rico!!!
@stacypeters2856
@stacypeters2856 Жыл бұрын
Too many mosquitos or otherwise a great place to live
@rebeccagutierrez1960
@rebeccagutierrez1960 Жыл бұрын
Mosquitos are NOT around all year long. Only during summer time and not everywhere. In the cities you'll experience less mosquitos and in the country side, you experience more.
@i-p1363
@i-p1363 Жыл бұрын
​@@rebeccagutierrez1960Suave con los embustes. Llevo ya en la metro el día de hoy como 15 muertos. Apt. Complex surroundings.
@manuelseda9197
@manuelseda9197 Жыл бұрын
hurricane shutters
@ras8514
@ras8514 Жыл бұрын
That is expensive Far better Far cheaper places to be internationally.
@MarieA787
@MarieA787 Жыл бұрын
Only a person that make money outside the Island wage it can said they can pay 1k rent and they said they live in the City of San Juan why there are filming in Old San Juan... that not the same place where they live. It looks fake and its not the real Puerto Rican living is a tourist living cost of life what she is showing here.
@koyarafat
@koyarafat Жыл бұрын
nice
@koyarafat
@koyarafat Жыл бұрын
@user-hc5im1ki7u What's About?
@koyarafat
@koyarafat Жыл бұрын
Your KZbin Channel & Video is Nice
@rmcc0621
@rmcc0621 Жыл бұрын
“Boyfriend”
@papi8659
@papi8659 Жыл бұрын
Join us next week when her rent goes up to $4000
@nesq4104
@nesq4104 6 ай бұрын
😂😂😂😂. Rents have almost doubled anywhere near the beach.
@daddygrace253
@daddygrace253 Ай бұрын
What type of job profession do you have in Puerto Rico and are their many professional jobs there because so many Boricuas come to the United States? Ella es una típica puertorriqueña blanca que vive en Puerto Rico y tiene educación. No tanto para los puertorriqueños negros o mulatos.
@MrPancakez101
@MrPancakez101 Жыл бұрын
gentrifying counties ❤
@jamesparnell1131
@jamesparnell1131 6 ай бұрын
Rent is expensive
@bobbiechristopher6772
@bobbiechristopher6772 Жыл бұрын
I’ll never forget this administration putting so many families into difficult situations. Imagine investing $1000 and receiving $10,300 weekly through Mrs Alma Robles who’ve helped me a lot through my trying times.🇺🇸
@carmelitagonzalez5014
@carmelitagonzalez5014 Жыл бұрын
Sounds good ❤️🥰. Would like to also earn free this.
@vanessajowel8655
@vanessajowel8655 Жыл бұрын
My friends and I hold Ms Alma in high esteem because of the stable $ 29,000 profit we're receiving from her investment
@kevinchristopher7421
@kevinchristopher7421 Жыл бұрын
My second grandson introduced me to Ms Alma few days ago, and I’ve made over 15000 already. That’s to tell you how fast and reliable her investment is.
@camiemashack8562
@camiemashack8562 Жыл бұрын
@@kevinchristopher7421 I’m new to this. Got some grands lying in my bank without increase. HOW DO I REACH HER?
@kevinchristopher7421
@kevinchristopher7421 Жыл бұрын
*Reach her with the below name on Telegram App.*
@devoradamaris
@devoradamaris 6 ай бұрын
🤲👑🤲
@1776Rob2012
@1776Rob2012 10 ай бұрын
OMG! She looks like Fiona (SHREK MOVIE).
@electrikoptik
@electrikoptik Жыл бұрын
But you’d have to live in Puerto Rico…
@gabyz.2585
@gabyz.2585 Жыл бұрын
yes, incredible nature and great people. What a nightmare.
@casaducos
@casaducos Жыл бұрын
@gabyz.2585 Awesome response so dead panned funny you made me laugh
@daniellee9763
@daniellee9763 Жыл бұрын
3 Bedrooms 2 Parking spaces and 2 bathrooms? NYC shameeee
@lorrainea.285
@lorrainea.285 Жыл бұрын
29😧🤯🤯🤯 She looks like 40, OMG!!!!🫣
@gennagresham3986
@gennagresham3986 Жыл бұрын
Great to know your shallow comment about her appearance!
@nesq4104
@nesq4104 6 ай бұрын
Awe your jealous because you live in a roach and rat infested apartment
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