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No Offers for East Facing home in Atlanta


Sonu_Patel

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15 minutes ago, papampasivadu said:

House theesi ee story lo unna friend vi nuvve na Sonu bhayya ?

No anna.. I am in Frisco. 

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On 2/8/2024 at 1:34 PM, lollilolli2020 said:

nee seva ki mechchi ee DB lo esari ugadi puraskaralaki ninnu nominate cheyamanttunna  @TOM_BHAYYA ni

still no offers anna.. some one is doing low balling for $400k annadu. 

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1 hour ago, Sonu_Patel said:

very bad strategy anna.. 

Purchase price : 370k 

Investment antunnav kabatti 20% down vestunna : 74k

Interest rate: 7%

Monthly payment : 2.5k with break down ( 1726 Interest + 240 Principal + Escrow). 

Rent: 2.5k antunnav ok. but that area median home values are around 375k undi and Income level in that area also 38k pa which is very low.. you may end up getting a bad quality tenant where i measure risk is very high. I am saying you may not find tenant relatively quicker. 

anna janalu cash tho sitting sollu cheppaku 

see those semi conductor stocks 

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1 hour ago, aimodel said:

anna janalu cash tho sitting sollu cheppaku 

see those semi conductor stocks 

I dont think any one who is smart enough to hold a semi conductor stock would invest in low median income area and expect a higher rental returns on it. dumb move. 

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1 hour ago, Sonu_Patel said:

I dont think any one who is smart enough to hold a semi conductor stock would invest in low median income area and expect a higher rental returns on it. dumb move. 

no one is expecting higher returns everyone is going with the flow and diversification. 

 

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3 hours ago, aimodel said:

no one is expecting higher returns everyone is going with the flow and diversification. 

 

banks will offer red carpet bro.. good luck :)

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Just now, Sonu_Patel said:

@aimodel - still no offers for my friend. Can you help bring someone to put offer. 

sure baa share the details. Evening desi bites lo bajji thintu deal set chedamu

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On 2/14/2024 at 2:06 PM, aimodel said:

endi house dallas lo leadha ?

atlanta lo 650 yevadu pedathadu

450 ki reduce cheyyamanu or move the house to dallas .

calling Atlanta rock stars @veerigadu and @PhillyDotNetGuy if this home actual worth is 450k. 

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