mayya Posted May 18 Report Share Posted May 18 Folks Wanted to get opinions from several angles Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand? Quote Link to comment Share on other sites More sharing options...
jpismahatma Posted May 18 Report Share Posted May 18 Several angles ante? price cheppu bro. Area. Income. Loan or full cash immigration status? Rent paying now? Quote Link to comment Share on other sites More sharing options...
ennnna chata Posted May 18 Report Share Posted May 18 My 2 cents ..have your real estates investments < 50% of your net worth 1 Quote Link to comment Share on other sites More sharing options...
papampasivadu Posted May 18 Report Share Posted May 18 6 hours ago, mayya said: Folks Wanted to get opinions from several angles Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand? real estate as an investment chese mundhu....assala neeku existing other investments emaina unnaya? if yes, what are they? Quote Link to comment Share on other sites More sharing options...
Nine0183093fourFIVE Posted May 18 Report Share Posted May 18 6 hours ago, mayya said: Folks Wanted to get opinions from several angles Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand? Best angle is 67 anna and best biryani is Hyderabad Wala in Dallas Quote Link to comment Share on other sites More sharing options...
Khali_ista Posted May 18 Report Share Posted May 18 Quote Link to comment Share on other sites More sharing options...
Khali_ista Posted May 18 Report Share Posted May 18 Quote Link to comment Share on other sites More sharing options...
mayya Posted May 18 Author Report Share Posted May 18 4 hours ago, papampasivadu said: real estate as an investment chese mundhu....assala neeku existing other investments emaina unnaya? if yes, what are they? Investments ante em levu peddaga US lo (some 20 to 30 k in MFs) and have got some lumpsum of cash on hand. Some friends suggesting townhome investment, if there are additional opportunities for investing would like to hear as well Quote Link to comment Share on other sites More sharing options...
mayya Posted May 18 Author Report Share Posted May 18 11 hours ago, jpismahatma said: Several angles ante? price cheppu bro. Area. Income. Loan or full cash immigration status? Rent paying now? 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 Quote Link to comment Share on other sites More sharing options...
psycontr Posted May 18 Report Share Posted May 18 11 hours ago, mayya said: Folks Wanted to get opinions from several angles Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand? Mana vallu tenant ga dorkadam kastam aeithundhi these days (manavallu ani enuduku antunna ante majority of them pay on time). Vere vallu emo regular ga on time rent pay cheyatledhu. Also consider high interest rates and repairs. Quote Link to comment Share on other sites More sharing options...
Konebhar6 Posted May 19 Report Share Posted May 19 13 hours ago, mayya said: Folks Wanted to get opinions from several angles Is this a right time to purchase a townhome as an investment property for rent in VA area? I understand it depends on several factors, lets say if we consider breakeven ( rent=mortgage at the current rates), is it worth? Or are there better investment opportunities using the cash on hand? Use a rental property calculator to see if it makes sense. Your decision will be easier. https://www.calculator.net/rental-property-calculator.html https://www.zillow.com/rental-manager/resources/rental-property-calculator/ Quote Link to comment Share on other sites More sharing options...
Spartan Posted May 19 Report Share Posted May 19 not worth unless it is in downtown Quote Link to comment Share on other sites More sharing options...
Popular Post meandhrakurradu Posted May 19 Popular Post Report Share Posted May 19 One bad tenant will screw you up, if you are prepared for that go ahead 4 Quote Link to comment Share on other sites More sharing options...
mayya Posted May 19 Author Report Share Posted May 19 Thanks folks for sharing your thoughts What are the other options for growing wealth with cash (where to invest)? Any financial advisor I talk to bring some sort of stock related things (MFs or something). Quote Link to comment Share on other sites More sharing options...
papampasivadu Posted May 19 Report Share Posted May 19 3 hours ago, mayya said: Thanks folks for sharing your thoughts What are the other options for growing wealth with cash (where to invest)? Any financial advisor I talk to bring some sort of stock related things (MFs or something). Don't talk to any financial advisors...most of them are useless....if you still want to talk to an Investment/Financial advisor, ask them if they have a fiduciary responsibility...proceed if they say yes.... regarding other options, are you putting money into your 401k/ IRA etc? max them out every year and invest in a S&P 500 index fund (preferably from Vanguard)... already single family home undhi antunnav kabatti, ne net worth 33% home medha, 33% index funds lo, 33% bonds lo unde laga chusko....this is my personal advice... Quote Link to comment Share on other sites More sharing options...
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