I made huge investment mistake

[Undilaemanchikalam]

1 hour ago, gattimelam said:

Bro unfortunately I took variable interest rate 

That’s okay. You can sell your property after 2-3 years. If you see you made a loss on the property, you can claim it your taxes. 

[yemdoing]

7 hours ago, gattimelam said:

I Purchased property last year and last week my friend bought property on same street with same

land size and better interiors for $150k less. I am not jealous of my friend but feeling sad that I made

wrong investment I should have waited for right time.

 

1 hour ago, gattimelam said:

Bro unfortunately I took variable interest rate 

No one can time the market , you have to see if you can afford it and happy in that home . If this is your first home then it’s not really an investment. You need a place to call home . 

 

what was the fixed torste when you took loan ? And what is your variable rate ?

 

[hunkyfunky2]

8 hours ago, gattimelam said:

I Purchased property last year and last week my friend bought property on same street with same

land size and better interiors for $150k less. I am not jealous of my friend but feeling sad that I made

wrong investment I should have waited for right time.

Same thing happened in Dallas to a friend 5 years ago. He laid 800k , his friend paid 700k. 

Now both are 1.4M 

Chill and hope the best

 

 

[psycopk]

gatam gathaha... whats done is done.. focus on whats next.. maa thata ala chesi undakapote anukovatam valla labham ledu

[Thokkalee]

Stocks lo value padite, we buy more and average out.. 

Similarly, buy 1 or more houses and average out the per home price.. Good luck.. 👍 

[yemdoing]

37 minutes ago, hunkyfunky2 said:

Same thing happened in Dallas to a friend 5 years ago. He laid 800k , his friend paid 700k. 

Now both are 1.4M 

Chill and hope the best

 

 

5 years ago 800k ante mamulu rich kaadu 

[hunkyfunky2]

4 minutes ago, yemdoing said:

5 years ago 800k ante mamulu rich kaadu 

Sold his previous home he bought in 2009 in north east.... Bought for 400, sold for 800.

That's what you call luck 

[yemdoing]

20 minutes ago, hunkyfunky2 said:

Sold his previous home he bought in 2009 in north east.... Bought for 400, sold for 800.

That's what you call luck 

not really luck.. 2009 lo home purchase ante subprime crisis lo konnadu. appudu konna vallau andharu are in profits if they sold post covid.

people who buy now will be in same situation of profit after a decade. 

[TopLechipoddi]

9 hours ago, gattimelam said:

I Purchased property last year and last week my friend bought property on same street with same

land size and better interiors for $150k less. I am not jealous of my friend but feeling sad that I made

wrong investment I should have waited for right time.

In my opinion, you bid based on the demand. There is nothing like a right or wrong time. Market itself is like that ups and downs. 

[Khaidi6093]

3 hours ago, TexasAdda said:

Sperm in your mouth telling @Khaidi6093

That @gattimelam ki kukkala denging andaru 

[Khaidi6093]

5 minutes ago, TopLechipoddi said:

In my opinion, you bid based on the demand. There is nothing like a right or wrong time. Market itself is like that ups and downs. 

@RedThupaki ba ma madda seeku fast ga and take @MokshagnaBellamkonda madda from mouth first 

[gattimelam]

5 hours ago, Khaidi6093 said:

That @gattimelam ki kukkala denging andaru 

haha thats me with your mom

[gattimelam]

6 hours ago, Thokkalee said:

Stocks lo value padite, we buy more and average out.. 

Similarly, buy 1 or more houses and average out the per home price.. Good luck.. 👍 

I have no borrowing capacity to buy more properties, capital value of current property is below the cost price

[Scurvy]

6 hours ago, hunkyfunky2 said:

Same thing happened in Dallas to a friend 5 years ago. He laid 800k , his friend paid 700k. 

Now both are 1.4M 

Chill and hope the best

 

 

Dallas lo 1.4M ah?

[Khaidi6093]

13 minutes ago, Scurvy said:

Dallas lo 1.4M ah?

My friend brought for 2.4M now only worth 350K now TS is happy sucking my madda