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Bewarse Talk Discussion Board * Archives - 2017 * Archive through April 05, 2017 * Investing in a Condo < Previous Next >

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Fanno1
Yavvanam Kaatesina Bewarse
Username: Fanno1

Post Number: 9554
Registered: 03-2004
Posted From: 24.249.211.73
Posted on Wednesday, March 22, 2017 - 4:41 pm:    Edit Post Delete Post Print Post

Fundrise.com check cheyandi real estate interest vunnavallu.
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51972
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Wednesday, March 22, 2017 - 11:45 am:    Edit Post Delete Post Print Post


Musicfan:

ante 100k profit vaste anta amount undalemo ani alaa anna




options lo 10k tho kooda cheyachu, or even less. not kidding. but till 2015 every year motham masi. small profits now
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61532
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 11:13 am:    Edit Post Delete Post Print Post


Tingari_xx:

haha, daaniki 500k kada.




ante 100k profit vaste anta amount undalemo ani alaa anna
Katamarayudu Audio Review
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51971
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Wednesday, March 22, 2017 - 11:02 am:    Edit Post Delete Post Print Post


Musicfan:

BTW meeku 100K profit vache stocks unte you can get GC in EB5 category kadaa.. :-)




haha, daaniki 500k kada. again, 100k is my target. long way to go, and super risky. i dont wanna blow up my account anymore
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61531
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 10:49 am:    Edit Post Delete Post Print Post


Tingari_xx:

say repu naak stocks lo 100k profit in a year (i wish ) vaste, prob aithadaa?




emi avadu Tingesh, IRS will not care as long as its legal and notified.

BTW meeku 100K profit vache stocks unte you can get GC in EB5 category kadaa.. :-)
Katamarayudu Audio Review
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51970
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Wednesday, March 22, 2017 - 10:41 am:    Edit Post Delete Post Print Post


Musicfan:

W2 untundi gaa lekapote..




i mean, at what point do you determine it?

say repu naak stocks lo 100k profit in a year (i wish ) vaste, prob aithadaa?
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2574
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:36 am:    Edit Post Delete Post Print Post


Jaffaa:

H1b medha rental income ravooccha?




IRS ki yemo sambhandam ledu ni status mida. Example:Smuggling money kanuka declare chesthe, Income tax vasool chesthaaru. "Adi neram, avunaa kaadaa", anedi vere act chusukontundi.

Bottom line:IRS does not enforce immigration laws and they dont care about your immigration status.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61530
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 10:34 am:    Edit Post Delete Post Print Post


Tingari_xx:




W2 untundi gaa lekapote..
Katamarayudu Audio Review
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51969
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Wednesday, March 22, 2017 - 10:32 am:    Edit Post Delete Post Print Post


Musicfan:

ade main business avvakoodadu..




how do you determine its main biz
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61529
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 10:30 am:    Edit Post Delete Post Print Post


Jaffaa:

H1b medha rental income ravooccha?




Good question, I think its not problem, as long as its an income gain, ade main business avvakoodadu..
Katamarayudu Audio Review
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Jaffaa
Mudiripoyina Bewarse
Username: Jaffaa

Post Number: 23676
Registered: 03-2008
Posted From: 66.234.192.42
Posted on Wednesday, March 22, 2017 - 10:29 am:    Edit Post Delete Post Print Post

H1b medha rental income ravooccha?
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2573
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:16 am:    Edit Post Delete Post Print Post


Musicfan:

every month edo oka maintenance cost 200-300 avutondi,




yeah. that is sad.nenu 2 years ki gaanu about$600/- spend chesaanu repairs ki. Kaani, tenants andaru oka laagaane vundaru. Desis tenants gaa vachaaraa, owner sachaade...light bulb maarchaalanna property manger ki call cesthaaru.vaadu vachi bulb maarchi $100/- bill pampisthaadu. paiga bulb problem ani chepparu.'velu pedithe shock kduthondi" ani call chesthaaru. Naa own BIL ki ide problem tenant tho.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2572
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:12 am:    Edit Post Delete Post Print Post


Kubang:

land konukko baa, normally safest investment




America lo land anavasaram(investment gaa anavasaram).rates peragavu unless you are very lucky and some development announced all of a sudden next to your land. Naa friend okadu NC(Wilson county lo) lo 20 acres konnaadu 11 years agao. Yi roju ammithe 20K loss vasthundi.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61528
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 10:09 am:    Edit Post Delete Post Print Post


Kalikaalam:

dish washer maatram replace chesaanu.




every month edo oka maintenance cost 200-300 avutondi, daniki todu rental ki living ki separate laws unnayi.. Dani guidelines follow avvakapote noticelu,,

Deenito he is tired. Konnappati kante atleast 60K takkuva undi 3 yrs back, ippudu almost reach ayyindi..

three months lo current lease ayipotundi, so ammeddamani planning
Katamarayudu Audio Review
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2571
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:08 am:    Edit Post Delete Post Print Post


Nalla_baalu:

Ippudu agency ki isthe, they should take care of everything kada annai



agent tho contracts 2 types.Monthly management valla ku isthe, repairs, rent vasool anni valle chuskontaaru.

Just tenant ni chusipattamante appudu monhtly fees vundadu. migilina risk antha kudaa ni mida vuntundi.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2570
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:06 am:    Edit Post Delete Post Print Post


Musicfan:

Detroit lo my friend owns 4 condos and he rented all of them.




Philly lo vundagaa oka Tamil aunty owned 35 properties. That was her full time job.she got her own contractors.so, single phone call tho anni houses ki yeppudu ayina ye issue vachinaa handle chesthundi. Inkoak Telugu Reddy got 12 houses.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2569
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:03 am:    Edit Post Delete Post Print Post


Musicfan:

ammudamante konna price ki takkuva undi ani rent ki ichadu,,




Naa case kudaa anthe.Ammithe 70K loss vasthundi. Lucky gaa naa tenant american doctor. Illu neat gaa maintain chesthaadu.Ye chinna issue vachinaa, vaade sardhuku pothaadu.example; Inti mundu pavers loose ayithe, vaade cement, isuka vesi sari chesukonnaadu. dish washer maatram replace chesaanu.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2568
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 10:01 am:    Edit Post Delete Post Print Post


Nalla_baalu:

annai can you throw some light on this




Loacal gaa rental management(or property management )companies ani vuntaayi. Vaallaku contract isthe, valle market chesi tenant ni pattukontaaru.Advantage with them is that they will do minimum background checks before handover the property.They take about 3 months of rent as advance from the tenant and keep with them as depoosit.. Monthly rent lonunchi vallu kontha cut chesukoni( maa area lo average rate 8%)migathaadi manaku ishtaaru.House ki ye time lo repairs(like water heater not working etc) vachinaa kudaa valle handle chesthaaru.Bill niku pampisthaaru. kaani villa bills too much gaa vesthaaru.anduke nenu direct gaa tenant tho maatlaadi "repairs yemi anna vasthe, first naaku call cheyyi" ani cheppaanu.so, alage continue avuthunnaanu.
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61527
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Wednesday, March 22, 2017 - 10:00 am:    Edit Post Delete Post Print Post


Kalikaalam:




maa friend kooda same doing, ammudamante konna price ki takkuva undi ani rent ki ichadu,,

atani worry kooda ade, prastutam unna tenant sarigga maintain cheyyatam ledu, aadu vacate chesina tarvata malla reset cheyyataniki konta avutundi ani waiting for the prices to go up..
Katamarayudu Audio Review
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Kalikaalam
Kurra Bewarse
Username: Kalikaalam

Post Number: 2567
Registered: 04-2015
Posted From: 68.93.142.53
Posted on Wednesday, March 22, 2017 - 9:55 am:    Edit Post Delete Post Print Post


Kubang:

it's totally dependent on your outlook of economy and location specific too. koni edanna rental management company ki isthe headaches thakkuva but your returns also will be less as they take a cut.

I never did this but few people I know did/doing it. some have done well some lost a bit.

normal ga universities ki daggarlo vundevi ayithe market never goes down ani vinna (at least from demand perspective); long term capital gain is whole other thing.


.

Condo kaadu kaani, naaku single family home Philly vundi.Adi ippudu oka property management dwaaraa tenant ni pattukoni ichaanu. 2 years complte avabothondi.so, far going good. I dont make any money on that.Mortgage plus taxes yenatha avuhtundo, exact gaa anthe vasthondi rent(after 6.5% cut to the property manager).
"The first principle is that you must not fool yourself and you are the easiest person to fool.” —Richard Feynman
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61515
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 5:30 pm:    Edit Post Delete Post Print Post


Tingari_xx:




good,,
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51965
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 5:18 pm:    Edit Post Delete Post Print Post


Musicfan:




life lo deeni meeda pettina effort deni meeda pettaledu. it was passion ani first o anukunna, tarvata escape anipinchindi. now am content with it
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61514
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 5:03 pm:    Edit Post Delete Post Print Post


Tingari_xx:

i used to say is fdx at this price before he tells me




oka roju intiki dinner ki pilchi counselling chesam,, vallaki 3 kids, think about them ani,,

2 years back she quit at that time and she got a job and enjoying with her busy life..

aame situation ki sagam karanam valla husband ye, elago free gaane unnav kadaa ani antakattadu,

daniki todo adevado seminars iste teeskellevadu
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 33679
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Tuesday, March 21, 2017 - 5:01 pm:    Edit Post Delete Post Print Post


Tingari_xx:


CLIPART--laugh
Ignorance is bliss
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51964
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 4:59 pm:    Edit Post Delete Post Print Post


Musicfan:




oka india trip lo, i was away from home. i call my dad every 20 mins and ask him to check quotes.

entha addicted ante, i used to say is fdx at this price before he tells me. MOVIEART--bemmi.laugh
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51963
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 4:57 pm:    Edit Post Delete Post Print Post


Musicfan:

80% of the time she used to end up loosing money, aa time lo enta kasi gaa undedo chooste bhayamesedi,, she might have missed selling or buying,,




naa transaction list achu veste dictionary kant peddadi vuntadi. no shame in admitting, i was a maniac.

now am toned down.
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61512
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 4:50 pm:    Edit Post Delete Post Print Post


Tingari_xx:

it took me some time to realize what i have done.




naaku ilaa avutundi ani kooda telvadu,, oka sari intlo potluck arrange cheste every 1/2 hr she used to check online for price change,,

80% of the time she used to end up loosing money, aa time lo enta kasi gaa undedo chooste bhayamesedi,, she might have missed selling or buying,,
Katamarayudu Audio Review
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61511
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 4:48 pm:    Edit Post Delete Post Print Post


Tingari_xx:

invest on yourself first.




monna oka video lo tanikella bharani was telling samething,

Invest 70% on yourself and 30% for your heirs. manchi logic anipinchindi
Katamarayudu Audio Review
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51962
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 4:47 pm:    Edit Post Delete Post Print Post


Nalla_baalu:

silent ga job chechukuntuuuu edanna lands invest chechukunta (Rosayya style)




haha, scare seyali ani kaadu. its not a rosy world. after a long struggle, now i know what am doing.



Musicfan:

maa neighbor valla wife went into depression and took time to recover when she started with penny stocks and daily trade..




it took me some time to realize what i have done. depression ki poled kaani, affected me big time.
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61510
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 4:46 pm:    Edit Post Delete Post Print Post


Tingari_xx:

vallu 2 months rent kattakunda poyaaru.




marchipoyaa, mottam background verify chesina oka condo meeda 10K loss vachindi, mainly they messed up entire stucture..

he is now planning to sell off as soon as current leases expire..
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61509
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 4:45 pm:    Edit Post Delete Post Print Post


Nalla_baalu:

Stocks lo techukunta manam invest chese range idhi




maa neighbor valla wife went into depression and took time to recover when she started with penny stocks and daily trade..

Naa side nunchi aithe strict No..
Katamarayudu Audio Review
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 125001
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 4:44 pm:    Edit Post Delete Post Print Post


Tingari_xx:

self exp tho septunna - stocks lo careful lekapothe paisal,health and jeevitham motham masi.

baaga plan seyyi. good luck




silent ga job chechukuntuuuu edanna lands invest chechukunta (Rosayya style) MOVIEART--bemmi.adi
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51961
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 4:21 pm:    Edit Post Delete Post Print Post


Nalla_baalu:




self exp tho septunna - stocks lo careful lekapothe paisal,health and jeevitham motham masi.

baaga plan seyyi. good luck
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 125000
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 4:00 pm:    Edit Post Delete Post Print Post


Kubang:

US


Ammo ee concept eee kotha naaku

I think RE is also a very big subject emo
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 33678
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Tuesday, March 21, 2017 - 3:57 pm:    Edit Post Delete Post Print Post


Nalla_baalu:

US or India annai


US
Ignorance is bliss
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 124999
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 3:55 pm:    Edit Post Delete Post Print Post


Tingari_xx:

stocks/RE oka daantlo skill techuko. if not now, it will help you in the long run.


Stocks lo techukunta manam invest chese range idhi
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 124998
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 3:35 pm:    Edit Post Delete Post Print Post


Kubang:

land konukko baa, normally safest investment


US or India annai

ee land konaali ante kuda 300 sq yards mana sthomatha aithe .... minimum 1000 konaali lekapothe waste antaaru
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 33677
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Tuesday, March 21, 2017 - 3:26 pm:    Edit Post Delete Post Print Post


Nalla_baalu:


land konukko baa, normally safest investment
Ignorance is bliss
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51960
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 3:25 pm:    Edit Post Delete Post Print Post


Nalla_baalu:




rao garu bhi same sepping. nenu chesina mistakes anni raaste oka book avutadi kanai, simple ishayalu septaanu.


tax returns meeda vache paisal separate account lo esko.
never lend to anyone, unless you are prepared to lose it.
invest on yourself first. manchi pc/laptop and trainings
stocks/RE oka daantlo skill techuko. if not now, it will help you in the long run.

prastutaniki ide rant
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 124997
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 3:18 pm:    Edit Post Delete Post Print Post


Tingari_xx:

baalesh
its not for you or me. dabbulu baga ekkuva ayyi bank lo ese kante entho kontha vastadi ane vallaki.
also, ala kone vallu okati kaakunda 4 or 5 kontaaru. they know in and out, they hire a good handyman or do themselves.

better buy it for you, rather than investment. unlike India, ikkada repairs etc voorike edo okati vastoo vuntai.




ok annai ivaala frnd tho maatladuthunte idhi chepthe manchi idea kada anukunna

like you said manaki suit avvademo idhi
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51958
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 3:09 pm:    Edit Post Delete Post Print Post


Musicfan:

ut on flip side he had bad experiences too with renters defaulting, not paying rent, and lost some money.




ejjactly. frd home rent ki iste pets levu ani sepparu tenants. vallu 2 months rent kattakunda poyaaru. illu antha dog scratches, and oka 40 pain a nails kottaaru
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Tingari_xx
Bewarse Legend
Username: Tingari_xx

Post Number: 51957
Registered: 08-2006
Posted From: 76.109.163.196
Posted on Tuesday, March 21, 2017 - 3:08 pm:    Edit Post Delete Post Print Post


Nalla_baalu:




baalesh
its not for you or me. dabbulu baga ekkuva ayyi bank lo ese kante entho kontha vastadi ane vallaki.
also, ala kone vallu okati kaakunda 4 or 5 kontaaru. they know in and out, they hire a good handyman or do themselves.

better buy it for you, rather than investment. unlike India, ikkada repairs etc voorike edo okati vastoo vuntai.
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Simha
Pilla Bewarse
Username: Simha

Post Number: 282
Registered: 01-2013
Posted From: 161.165.196.107
Posted on Tuesday, March 21, 2017 - 2:59 pm:    Edit Post Delete Post Print Post


Nalla_baalu:

Ippudu agency ki isthe, they should take care of everything kada annai


They will arrange staff for any issues. But we have to pay bills apart from monthly maintenance charges
Old ID: KEDI
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Nalla_baalu
Censor Bewarse
Username: Nalla_baalu

Post Number: 124996
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 2:57 pm:    Edit Post Delete Post Print Post


Musicfan:

He gave to rental agency and they charge some money..

But on flip side he had bad experiences too with renters defaulting, not paying rent, and lost some money.




Ippudu agency ki isthe, they should take care of everything kada annai
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Musicfan
Bewarse Legend
Username: Musicfan

Post Number: 61508
Registered: 05-2004
Posted From: 63.169.138.2
Posted on Tuesday, March 21, 2017 - 2:52 pm:    Edit Post Delete Post Print Post


Nalla_baalu:




Detroit lo my friend owns 4 condos and he rented all of them.

He bought it during recession for 60K each, now he is getting 1200$ rent per month.

with condo fees and other expenses, he is making good money, But he complains lot of maintenance keep coming and needs to be addressed. He gave to rental agency and they charge some money..

But on flip side he had bad experiences too with renters defaulting, not paying rent, and lost some money.

Giving to right persons is key.. Else you will loose money.
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 33676
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Tuesday, March 21, 2017 - 2:20 pm:    Edit Post Delete Post Print Post


Nalla_baalu:

annai can you throw some light on this


rental management companies will take care of marketing your condo, dealing with the tenant and repairs etc. they charge a fixed fee, I heard it is as high as 15% of the rent. That fee would not include the repairs, if any.
Ignorance is bliss
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Nalla_baalu
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Username: Nalla_baalu

Post Number: 124995
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 2:18 pm:    Edit Post Delete Post Print Post


Kubang:

edanna rental management company ki isthe headaches thakkuva but your returns also will be less as they take a cut.




annai can you throw some light on this

and yes veedu kuda invest chesindhi around an univ eee
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")
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Kubang
Celebrity Bewarse
Username: Kubang

Post Number: 33674
Registered: 09-2011
Posted From: 161.141.1.1
Posted on Tuesday, March 21, 2017 - 2:16 pm:    Edit Post Delete Post Print Post

it's totally dependent on your outlook of economy and location specific too. koni edanna rental management company ki isthe headaches thakkuva but your returns also will be less as they take a cut.

I never did this but few people I know did/doing it. some have done well some lost a bit.

normal ga universities ki daggarlo vundevi ayithe market never goes down ani vinna (at least from demand perspective); long term capital gain is whole other thing.
Ignorance is bliss
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Nalla_baalu
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Username: Nalla_baalu

Post Number: 124993
Registered: 06-2011
Posted From: 204.194.77.3
Posted on Tuesday, March 21, 2017 - 1:59 pm:    Edit Post Delete Post Print Post

Is it a good idea
Frnd Detroit lo oka Condo konnaadu and he had to move out of Detroit

Rent ki ichaadu... Monthly payment pay chesesaaka he's getting around 300$ extra

Ila choosukunte manchi investment eee kada


Evaranna Condo owners unnara mana ilaakha lo

I heard PD annai is into this
Aug 11th 2011 weight -- 84 kg; Aug 11th 2012 weight -- 88 kg; Aug 11th 2013 weight -- 80 kg; July 2015 -- 90 kilos (5'10")

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