For Ranest Castillo, Senior Sales and Marketing Executive at Penta Properties International, helping Filipino families and professionals secure homes and investments across Australia has been more than a career—it has been a calling.
After more than 27 years in the industry, he has seen firsthand how property investment can transform lives. “Before I started investing in property, I didn’t even know it was possible,” he admits. “Like many people, I thought one mortgage was already a big responsibility, let alone two. But someone introduced me to property investing, and it changed everything.”
That “everything” was more than financial—it was perspective. Ranest learned that rental income can help cover property costs and that many expenses are tax-deductible. He also discovered that an investment property, held strategically for several years, could help pay down a home mortgage faster.
“Through smart property investing, you can cut decades off your loan term,” he explains. “For me, it wasn’t just about building wealth—it was about building peace of mind.”
That turning point inspired him to share his knowledge with others, particularly Filipino families and professionals who, like him, started from scratch in Australia.
Why Filipino Nurses?
Many of Ranest’s clients are Filipino nurses who work long shifts, often taking on extra hours to provide for their families and send support back home. These nurses are known for their dedication and compassion, yet few initially see themselves as investors.
“If you’re a Filipino nurse looking to own your home sooner and maximize your tax benefits, property investment can be a powerful strategy,” Ranest says. “The couple I recently helped—both nurses—now own two investment properties using their income and one through their superannuation. It’s about education and support.”
His advice is straightforward: “Educate yourself, find the right people to guide you, and start where you are.”
A Family’s Journey: Victor and Imelda Dekit
For Victor and Imelda Dekit, migration to Australia was about stability and opportunity. Both were registered nurses; Victor has since also become a practicing solicitor.
“One of my biggest dreams was to give my family a secure future,” Victor shares. “We worked hard, but we knew true stability required smart planning beyond just our careers.”
Property investment seemed like the logical next step, but the process felt overwhelming—until they met Ranest.
“His guidance made everything easier—he broke down the process, helped us understand our options, and tailored a plan that fit our situation,” Victor says.
Thanks to that support, the couple purchased their first property in Fairwater, Blacktown. Two years later, they secured another property in Gregory Hills, NSW, followed by an apartment unit in Highline, Westmead. They also built a granny flat behind their owner-occupied home in St Clair.
“We feel incredibly blessed,” Imelda adds. “We wanted to make sure we were making smart choices for our kids, and now we have these properties as a strong foundation. We’re raising our three children knowing we’ve secured something for their future.”
Beyond property, the relationship evolved into community support. “On the side, Ranest also built a good business relationship with my husband by referring clients for conveyancing and other legal matters,” Imelda notes.
Beyond Real Estate: A Heart for Community
For Ranest, property is only part of the story. He has long been active in Filipino diaspora events, including basketball leagues, concerts, and Glamour Look Australia pageants, where he served as National Director and Co-Producer.
“I’ve always believed in giving back,” he says. “I’m a father of two university graduates, and I know the value of family, education, and connection.”
His personal motto? “If I’m in the office, I’m not working—I belong in the marketplace.” That marketplace isn’t just about buying and selling homes; it’s about building trust and relationships.
Why This Matters for the Filipino Community
The narrative emerging from Ranest’s work and his clients’ success is one of Filipinos helping Filipinos. Many migrants face the challenge of navigating a new financial and cultural landscape. Language barriers, uncertainty about rules, and fear of financial risks can all prevent them from pursuing investments.
But with the right guidance, doors open.
“Filipinos are natural caregivers,” Ranest reflects. “We work hard caring for others. But we also need to care for our own future. Property investment isn’t just about wealth—it’s about legacy.”
Victor and Imelda agree. “We came here to give our kids opportunities. With these investments, we’ve given them something even greater: security and confidence in their future.”
Looking Ahead
As more Filipino nurses and professionals enter the property market, stories like these are multiplying. Families who once thought homeownership and investment were beyond reach are now creating wealth and stability for generations to come.
Ranest continues to guide clients toward their goals, not through flashy sales pitches, but through patient education and culturally grounded support.
“It’s about starting small, starting smart, and building steadily,” he says. “When one Filipino helps another, everyone rises.”
Takeaways for Filipino Professionals
- Start with Education: Learn about tax benefits, rental income strategies, and market trends.
- Build Your Team: Work with professionals who understand your goals and circumstances.
- Think Long-Term: Property investment isn’t instant wealth—it’s a pathway to reduce debt and secure the future.
- Embrace Community: Seek guidance from those who’ve walked the path before you.
For Filipino nurses, engineers, and other professionals, this approach offers both financial freedom and the comfort of knowing they’re not alone on the journey.
