Desis buying two homes in America

[ManchamKodi]

America lo one house konnadanike dikku ledu ra ante 2nd house kottunaru  money ekadanundi vastundi

areey @Sonu_Patel nuvvu 5 years nundi chudam tappa konnadam ledu kada vaunties ni chusi nerchukooo

 

 

 

 

[human1234]

Know many people who bought multiple homes. Many have tons of cash waiting for interest rates to fall to buy more 

[ManchamKodi]

27 minutes ago, human1234 said:

Know many people who bought multiple homes. Many have tons of cash waiting for interest rates to fall to buy more 

5% down chesi kontunaru ani ipude friend chepindu

dallas lo 300k house konnavallu cheparru 15k ki downpayment chesi 1 house and inko 15k down chesi 2nd house konnaru anta in 2021.

50K cash unte dallaspuram lo easy ga two homes konnachu 

[Paamu]

1 hour ago, human1234 said:

Know many people who bought multiple homes. Many have tons of cash waiting for interest rates to fall to buy more 

One bad tenant — Assam. Diversify cheyyali money antha not just multiple homes. 

[CanadianMalodu]

4 minutes ago, Paamu said:

One bad tenant — Assam. Diversify cheyyali money antha not just multiple homes. 

Buy kadhu adhi Mortgage*** 

[ForEverJava]

Lot of people without experience edo real estate portfolio build chestunna ani feel aitaru but renting is not easy if u don’t have any headaches and heart issues want to have those ..it’s best way to do it always crying malli negative cash flow future 10 yrs edo vastadi ani bearing negative cash flow and taking headaches 

 

unless 10 yrs back bought its fully paid off its good school district u get tenants for few years still may have chance even then Dallas ante time roof damage windows damage other type damage chance high all savings will be wiped out in one go .. rental managing only when retired u don’t have work makes sense if I am that age I won’t even do it rather travel and chill than managing rental home 

[Gaali_Gottam_Govinda]

Late jumpers anthe..... They won't breakeven to the amount they pay towards paying off Mortgage and Taxes..... Many big desi groups have already sold of these second homes as they're no longer make sense to hold as investment. 

 

1 year lo malli video pedtaru soodu..... "Memu maa 2nd home ammestunam ani" 

[beerboy17]

18 minutes ago, ForEverJava said:

Lot of people without experience edo real estate portfolio build chestunna ani feel aitaru but renting is not easy if u don’t have any headaches and heart issues want to have those ..it’s best way to do it always crying malli negative cash flow future 10 yrs edo vastadi ani bearing negative cash flow and taking headaches 

 

unless 10 yrs back bought its fully paid off its good school district u get tenants for few years still may have chance even then Dallas ante time roof damage windows damage other type damage chance high all savings will be wiped out in one go .. rental managing only when retired u don’t have work makes sense if I am that age I won’t even do it rather travel and chill than managing rental home 

@ForEverJava got it then where do you invest ?

[ForEverJava]

6 minutes ago, beerboy17 said:

@ForEverJava got it then where do you invest ?

Invest in gold gold etf 529 and mutual funds and s&p index hysa and most important invest yourself and have good life .. which people keep forgetting 

[ForEverJava]

Any monetary investment should give you peace of mind and confidence for future not headache of standing on thin wire in air .. just keep that as benchmark for investing 

[dreamchaser]

58 minutes ago, ForEverJava said:

Invest in gold gold etf 529 and mutual funds and s&p index hysa and most important invest yourself and have good life .. which people keep forgetting 

Few folks I know bought second home in Dallas with home equity loan from primary home purchased before 2018.their primary home appreciated by 40%.is it a wise decision? @ForEverJava

[Hitman]

IF housing crashes... half of the inventory would go into Desi hands. Every desi would become landlord with 5+ houses.. 

[ManchamKodi]

1 hour ago, Gaali_Gottam_Govinda said:

Late jumpers anthe..... They won't breakeven to the amount you pay towards paying off Mortgage and Taxes..... Many big desi groups have already sold of these second homes as they're no longer make sense to hold as investment. 

 

1 year lo malli video pedtaru soodu..... "Memu maa 2nd home ammestunam ani" 

500k-900k houses  desi santa dallaspuram lo konnaru anna moving from seatle to Dallas. 

 

[ManchamKodi]

2 hours ago, ForEverJava said:

Lot of people without experience edo real estate portfolio build chestunna ani feel aitaru but renting is not easy if u don’t have any headaches and heart issues want to have those ..it’s best way to do it always crying malli negative cash flow future 10 yrs edo vastadi ani bearing negative cash flow and taking headaches 

 

unless 10 yrs back bought its fully paid off its good school district u get tenants for few years still may have chance even then Dallas ante time roof damage windows damage other type damage chance high all savings will be wiped out in one go .. rental managing only when retired u don’t have work makes sense if I am that age I won’t even do it rather travel and chill than managing rental home 

roof damage and windows damage cost entha untundhi anna 

[Gaali_Gottam_Govinda]

2 minutes ago, ManchamKodi said:

roof damage and windows damage cost entha untundhi anna 

Avi home insurance ye pay chestadi le...... but your home insurance is going up 20% every year. ee year $4k unte next year $5500 quote ichi pamputunnadu.