Less Than 100K Lo House Planning Chestunna

[idi_Bezawada]

rental ante nenu konni suggestions ivvagalanu because I am in same path

 

20% down pakka, to avoid mortgage insurance and also necessary to haggle with lenders. 20% down payment unte nuvvu king, lenders nee venaka padatharu 

 

usually go for places where there are lot of schools/colleges or pedha client undela chusko. condos are your best bet. mana desis easy ga vastaru rent ki, single family houses ante thellolu vastaru.

 

property management ki paisal ichesi contract raayipinchukovali, either they manage the property and collect rents or they search for tenants and give us rent minus their commission. H1 unte manam teeskokudadhu rent directly 

 

condos unte HOA fees lo taxes, hot water, heat etc included untayi (this might vary). roof, sidings, windows, lawn maintenance, snow shoveling manaki sambandham ledhu, so easy to maintain. 

 

ma frend gadu usually desis ki istadu rent ki, tcs, infy etc H1 vallaki istadu, they stay longer and dont torture us for silly repairs, (bulb poyindhi vachi fix antaru thellolu, manollu $2 ee kadha manam replace chesedham le anukuntaru ). thellolu chudatniki neat ga untaru, rent deggara bokka pedtharu, desis credit score bhayam tho proper ga kattestaru etc 

 

inka details kavalante specific ga adugu chepta, paina points clear lekpothe malli cheptha, just ask me

ante mee friend property managementki ivvaleda? rentlo sagam HOA nee potadi kada?

[dappusubhani]

nenu aasa jeevi ni 

 

adi koncham kaadammaa 

[Maga_Jathi_Vajram]

Ltt

[adwitiya_original]

[Lukewalker]

ante mee friend property managementki ivvaleda? rentlo sagam HOA nee potadi kada?

 

property management hire cheskunnadu mama, 

 

kaani tenants applicants vaadu scrutiny cheyyachu, you can not deny by race, religion etc antaru, but you can pick whoever you want, idhoka loophole laga. 

rent collect chesedhi property management. 

 

example scenario chudu:

 

250k Condo - 20% down - mortgage is $200k - 2 bed 2 bath condo

 

expenses:

 

Mortgage $1510 (which includes principal + interest + HOA + home owners insurnace) 

Property management fee approx $150 ( I dont know exactly)

 

Income: 

 

Rent $1850 

 

pedha ekkuva em migalatledhu, kaani ilanti 3-4 unte appudu income vasthundhi (risks kuda untayi, like no tenants etc.,) but down the lane, you will have properties which you can dispose or keep'em for rents 

[sonyn3113]

Thanks for the valuable inputs mayya

will ask u again if i have any q's!

rental ante nenu konni suggestions ivvagalanu because I am in same path

 

20% down pakka, to avoid mortgage insurance and also necessary to haggle with lenders. 20% down payment unte nuvvu king, lenders nee venaka padatharu 

 

usually go for places where there are lot of schools/colleges or pedha client undela chusko. condos are your best bet. mana desis easy ga vastaru rent ki, single family houses ante thellolu vastaru.

 

property management ki paisal ichesi contract raayipinchukovali, either they manage the property and collect rents or they search for tenants and give us rent minus their commission. H1 unte manam teeskokudadhu rent directly 

 

condos unte HOA fees lo taxes, hot water, heat etc included untayi (this might vary). roof, sidings, windows, lawn maintenance, snow shoveling manaki sambandham ledhu, so easy to maintain. 

 

ma frend gadu usually desis ki istadu rent ki, tcs, infy etc H1 vallaki istadu, they stay longer and dont torture us for silly repairs, (bulb poyindhi vachi fix antaru thellolu, manollu $2 ee kadha manam replace chesedham le anukuntaru ). thellolu chudatniki neat ga untaru, rent deggara bokka pedtharu, desis credit score bhayam tho proper ga kattestaru etc 

 

inka details kavalante specific ga adugu chepta, paina points clear lekpothe malli cheptha, just ask me

 

[SNOW_MEGA]

irving valley ranch lo unayi 30 years back vi 

ayithe 150 k but they are super school district 

http://www.realtor.com/realestateandhomes-detail/545-Ranch-Trl-Apt-184_Irving_TX_75063_M82956-25181