Townhome as Investment

[meandhrakurradu]

On 5/20/2024 at 12:49 PM, Kalam_Youtheman said:

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

Nj lo townhouse 800k undi ippudu, 400k sounds lot better 

[anna_gari_maata]

VA home price full rising now you'll buy in peak

[Kalam_Youtheman]

13 hours ago, meandhrakurradu said:

Nj lo townhouse 800k undi ippudu, 400k sounds lot better 

sft imp bro...

VA lo ashburn broadlands lo townhomes 1M kuda unnayyeee it all depends on the size and location

so 400 is OK somewhere in suburbs of VA

[Kalam_Youtheman]

On 5/20/2024 at 3:36 AM, Joker_007 said:

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.. ?

OP jumped..

[meandhrakurradu]

59 minutes ago, Kalam_Youtheman said:

sft imp bro...

VA lo ashburn broadlands lo townhomes 1M kuda unnayyeee it all depends on the size and location

so 400 is OK somewhere in suburbs of VA

Yeah ade and overall prices are high so nothing much anyone can do 

[AndreasMccann]

Investing in a townhome sounds like a solid idea. Townhomes usually offer a good balance of space and maintenance. They're often cheaper than single-family homes but still provide a lot of the same benefits. Plus, they're great for rental income if you decide to go that route. You might want to check out the neighborhood and future development plans to ensure it holds value. Also, it’s always wise to compare different options and see how they stack up. For instance, think about how similar investments have performed in the past. And hey, if you’re into the gaming scene, you might want to check out https://skin.land/sell-skins/csgo/ for a bit of fun on the side!

[tables]

On 5/20/2024 at 9:49 AM, Kalam_Youtheman said:

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

india lo rental property investment is a bad idea.

[Hitman]

On 5/18/2024 at 7:00 PM, mayya said:

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 

Bro, what are the Annual numbers for below 4 components...

Rent? Property Tax? Insurance? HOA?

[AreyOSamba]

On 5/18/2024 at 6:00 PM, mayya said:

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 

It seems like the majority of the US is like that. 
If you put 20% down, it barely breaks even these days. 

If you have a choice go for commercial real estate rather than a condo or single-family homes so that risk can be shared by other partners plus you would definitively make profit and add more value over time in the property