How to manage a small apartment building in the Philippines: a complete guide
Twelve to forty doors, one owner, a cleaner or two, maybe a guard. This is the whole job, in the order it happens, with the Philippine specifics — and honest notes on where a platform helps and where it is just you.
On this page
Set up: once, properlyEach month: the rent cycleEach week: the buildingEach yearPeopleNumbers to watchWhere software helps, and where it is youSet up: once, properly
Units. Name them the way tenants say them; record the full legal description from the title or the condominium certificate — every lease and every BIR document needs it. Note running costs: dues, head-lease rent if you sublet, fixed utilities. Leases. One template, reviewed once by a lawyer, with the clauses people forget. Deposits. Security, advance, electrical — amounts, dates, where the money sits. The rules. Rent schedule. Which day you invoice, which day it is due, how tenants pay. Registration. Business permit, BIR registration as a lessor, ATP for official receipts, RPT on the property, and — for an apartment building — fire safety inspection certificate and occupancy permit in order.
Each month: the rent cycle
Invoice on the same day every month; send by the channel the tenant reads; include the QR codes. Record payments the day they arrive, with the reference. Issue the official receipt from your booklet. Chase on a fixed rhythm — day 7, day 15, day 30 — with the same wording for everyone. Record every expense with its receipt the week it happens. Close the month: petty cash counted, stock counted, everything filed, the pack to the accountant. Software does all of this well; the platform's money-in and money-out sections are that cycle.
Each week: the building
A cleaning rota for common areas and, if units are serviced, per-unit checklists. Repairs as tickets with an owner and a cost. Supplies: a restock level per item so the cleaner never runs out on a Tuesday. The gate or the door: who came, who is here, when they left. Walk the building yourself once a week; no system replaces that.
Each year
Renewals sixty days before each lease ends. Rent adjustments within what the lease and, for covered units, the Rent Control Act allow. BIR annual registration fee (where still required), annual income tax, the lessor's quarterly filings through the year; RPT by the deadline or in instalments. Insurance renewal. Fire safety inspection. A reserve fund contribution — roofs, pumps and elevators do not ask permission. Review running costs and rents per unit against net per door.
People
A cleaner (part-time for under twenty units) with a checklist, not instructions. A guard if the building has a gate; agency or direct — direct means payroll and contributions. Reception once you pass thirty units or short-stay units. An accountant, monthly, fed a consistent pack. A lawyer, once for the lease and then when something goes wrong. Each person on payroll means SSS, PhilHealth, Pag-IBIG, a contract, and the due process if it ends badly.
Numbers to watch
Collection rate by day 15 — below 85% means the chase is not happening. Vacancy days per turnover — over ten means the turnover process is slow or the rent is wrong. Net per door — rent minus running cost minus share of general, per unit; the unit that is negative is the conversation to have. Everything else is detail.
Where software helps, and where it is you
Software is good at the monthly cycle, the record, and the reminders. It is no help at all with the walk, the tenant conversation, the lawyer or the choice of cleaner. Systematise the cycle first — it is where the hours and the disputes are — and spend the hours you get back on the parts that need a person.
Related
Describes the platform as it is today. Something out of date? Tell us. · help 0.12.3