Townhome as Investment

[mayya]

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

[jpismahatma]

Several angles ante?

price cheppu bro. Area. Income. Loan or full cash immigration status? Rent paying now?

[ennnna chata]

My 2 cents ..have your real estates investments < 50% of your net worth 

[Nine0183093fourFIVE]

6 hours ago, mayya said:

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

Best angle is 67 anna and best biryani is Hyderabad Wala in Dallas 

[Khali_ista]

[Khali_ista]

[mayya]

4 hours ago, papampasivadu said:

real estate as an investment chese mundhu....assala neeku existing other investments emaina unnaya? if yes, what are they?

Investments ante em levu peddaga US lo (some 20 to 30 k in MFs) and have got some lumpsum of cash on hand. Some friends suggesting townhome investment, if there are additional opportunities for investing would like to hear as well

[mayya]

11 hours ago, jpismahatma said:

Several angles ante?

price cheppu bro. Area. Income. Loan or full cash immigration status? Rent paying now?

Loan bhayya, but can put 20%down for 400k property, immi status GC, living in a single fam house. Based on the current rental in the VA area, breakeven avutundi mortgage and rent. So debating if this is the right time to jump on this or can I find other opportunities for investment 

[psycontr]

11 hours ago, mayya said:

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

 Mana vallu tenant ga dorkadam kastam aeithundhi these days (manavallu ani enuduku antunna ante majority of them pay on time). Vere vallu emo regular ga on time rent pay cheyatledhu. Also consider high interest rates and repairs.

[Konebhar6]

13 hours ago, mayya said:

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

Use a rental property calculator to see if it makes sense. Your decision will be easier.

https://www.calculator.net/rental-property-calculator.html

https://www.zillow.com/rental-manager/resources/rental-property-calculator/

[Spartan]

not worth unless it is in downtown

[meandhrakurradu]

One bad tenant will screw you up, if you are prepared for that go ahead 

[mayya]

Thanks folks for sharing your thoughts

 

What are the other options for growing wealth with cash (where to invest)? Any financial advisor I talk to bring some sort of stock related things (MFs or something).

[Joker_007]

what is your income.. are you going invest it by getting loan. if yes how much would be emi does it go beyond 20% of your monthly income.Did you calculated you monthly incomes.. ? are you ready to cutdown un needed expenses.. ?

[Kalam_Youtheman]

On 5/18/2024 at 7:30 AM, mayya said:

Folks

 

Wanted to get opinions from several angles

Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand?

 

 

if its break even then why not you can invest. but antha cash how brother. multiple jobs taking cash?
if so its a risk brother loan apply chesethappudu they need proof of income source

ikkaada kanna india lo better these days but maintain chesevaalu unte like dad brother etc then best else investment a.

400k townhome chaala ekkuva nannu adughte, VA antunnavu kabbati my guess emo around 40-50 miles from IAD ?

waste bro for investment.akkada,  better SIP or MF min 10% returns every year money safe