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Fanno1
Mudiripoyina Bewarse
Username: Fanno1

Post Number: 12138
Registered: 03-2004
Posted From: 32.212.213.187
Posted on Monday, June 22, 2020 - 10:17 pm:   Insert Quote Edit Post Delete Post Print Post


Gudivada04:

they haven't mow the lawn this year yet, worst maintenance and I want to ask my wife to call the owners in the US and update them




you should do that. misuse ni encourage chyakoodadu..aa pakka family desi ina ide ane vadini...
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Kodibochu
Kurra Bewarse
Username: Kodibochu

Post Number: 2497
Registered: 04-2019
Posted From: 171.161.162.11
Posted on Monday, June 22, 2020 - 2:27 pm:   Insert Quote Edit Post Delete Post Print Post

Thanks Gudivada brother and Musicfan gaaru.
I agree. Maname chuskovaalante ayye pani kaadu. contractor ki call chesi ivvadame repair vasthe. Anni manam cheyyalemu kadaa? example:A/C repair, electricty repair, plumbing issue.. ilaa rakarakalau gaa vasthaayi. anni manam cheyyalemu.
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Gudivada04
Bewarse Legend
Username: Gudivada04

Post Number: 44085
Registered: 09-2004
Posted From: 184.64.107.209
Posted on Monday, June 22, 2020 - 10:26 am:   Insert Quote Edit Post Delete Post Print Post

maa pakka illu oka chinese vaadu. he moved to the US couple of years ago and rented this home. first renters were indians and tehy left after few months. about 6 months ago, oka pakistani family digindi. they told owner total 5 people to stay in the house but now at least 10 are living. aadiki iddaru pellalu, 5 kids and one of the parents. they haven't mow the lawn this year yet, worst maintenance and I want to ask my wife to call the owners in the US and update them
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 70388
Registered: 05-2004
Posted From: 134.244.29.2
Posted on Monday, June 22, 2020 - 9:34 am:   Insert Quote Edit Post Delete Post Print Post


Kodibochu:




same answer as Gudi04

3 of my friends ventured into this and gave up.

Main issues
1. too many asking for repair fixes. he used to work every week fixing something or other. One guy had a new apartment, still lot of work.

2. Rent paying issues - Not everyone will pay on time, lot of followup and issues. they will not pay its very difficult to follow up and get the dues.

3. background check - mandatory, but some even though passed, damaged the property when they left. okadu invested in 4 apartments, and finally lost around 100k due to the damages.

4. Ivi kaaka main issue, they will not maintain well, finding a good tenant is very tough and they maintaining the house like we do is not possible

Dont try to venture into rental properties. its not worth it. Peace of mind undadu that too if you are investing huge.
No reviews yet
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Gudivada04
Bewarse Legend
Username: Gudivada04

Post Number: 44084
Registered: 09-2004
Posted From: 184.64.107.209
Posted on Monday, June 22, 2020 - 9:23 am:   Insert Quote Edit Post Delete Post Print Post

i don't own but couple of my friends does this. lot of patience and energy needed. edanna repair vasthe own ga chesukune vorpu, skill vundali. management company ki isthe 10% to 15% commission on top of actual expenses theesukuntaru. pedda thalakayaneppi yevvaram annay, unless you have lot of time and energy
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Kodibochu
Kurra Bewarse
Username: Kodibochu

Post Number: 2496
Registered: 04-2019
Posted From: 171.159.64.10
Posted on Monday, June 22, 2020 - 6:18 am:   Insert Quote Edit Post Delete Post Print Post

Yevaru annaa vunnaaraa?? Vunte, ye area lo vunnaaru and mi experiences yenti? Underlying risks yenti ? ROI basis mida work avuthondaa? Covid impact yemi anna vundaa yi market mida etc.

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