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Tracy hills bad investments


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Posted

Most properties purchased from Jan 2022 same story. Huge losses.

Posted

I can see homes put up for rentals. Mortgage, Taxes and Mello Roos kalipithe minimum 6k and such homes are put up for 4k rental…

 

maa community la chinese gallu baaga konnaru oka 2 years back…okkokkadu 2-3 homes konnaru, they tried to sell it but with builder now offering incentives on interest rate buy downs and upgrades, they have now put it up for rent for 4k..

Posted
2 minutes ago, ErraBook_monagadu said:

 I pity them, imagine how they feel, paying taxes etc on depreciating asset. You will lose sleep definitely 

 

Bro forget about them many have side money you are not even aware how mich people accumulated in stocks even if its zero value some of them have zero impact for their life style

You know some regular engineers at servicenow, salesforce minted in stocks ? Snow some got vested at 350

Nvidea employees gurinchi entha takva mataladithe antha manchidi

Some people joined meta when meta was 200 

Vmware broadcomm aquistition apudu how many employees minted money 

Both wife and husband working they dont even look homes properly for investmebt entire thing agent deals 

Lot lot lots of side money agree with your point dont have to throw but dont worry about their life style inko 2 million asset chupisthe ipude padestaru

Posted
5 hours ago, ErraBook_monagadu said:

https://www.zillow.com/homedetails/5777-Tournament-Ct-Tracy-CA-95377/2063071241_zpid/
 

Purchased 900K in 2022

property taxes three years: 35K

selling charges 40K

Interest payments 100K

Listed for sale 830K

Expected sale price 750K-780K

 

Total loss more than 300K

Minimum 100K loss every year, not including money spent on customization, solar etc

 

very saad anna...kashtapadi sampadinchina dabbu antha ila bad investments chesi paadu cheskuntunnaru papam...

but sometimes the way they behave and look down upon ppl chusaka vella meedha sympathy avsarma anipisthadi...

Posted
2 minutes ago, csrcsr said:

Bro forget about them many have side money you are not even aware how mich people accumulated in stocks even if its zero value some of them have zero impact for their life style

You know some regular engineers at servicenow, salesforce minted in stocks ? Snow some got vested at 350

Nvidea employees gurinchi entha takva mataladithe antha manchidi

Some people joined meta when meta was 200 

Vmware broadcomm aquistition apudu how many employees minted money 

Both wife and husband working they dont even look homes properly for investmebt entire thing agent deals 

Lot lot lots of side money agree with your point dont have to throw but dont worry about their life style inko 2 million asset chupisthe ipude padestaru

This is how over valuation gets corrected…side income vundi eda peda monesina, stocks valla sampainchi konna..ekado oka degara avanni balance avali, system is designed in such a way..

People who made quick money are the one’s who invested in such propertoes expecting the same bull run to continue forever kani ala jaragadu…

 

Posted

Single income tho purchase chesaru many families. Borrowed money from family, friends for down payment. Imagine the down payment also gone down the drain. They thought wfh will be permanent 

Posted
2 minutes ago, Android_Halwa said:

This is how over valuation gets corrected…side income vundi eda peda monesina, stocks valla sampainchi konna..ekado oka degara avanni balance avali, system is designed in such a way..

People who made quick money are the one’s who invested in such propertoes expecting the same bull run to continue forever kani ala jaragadu…

 

Offcourse anna remember some one said therr was meltdown banks had ro liquidate moubtain house homes for 200k 150k its a cycle my point is the way they accummlated wealth in india here nothing will change for their lifestyle  kurchoni thine antha sampandicnharu ani streresssing

Posted
Just now, Raja_Returns said:

anna total wrong

stocks lo ayena home meda ayena 100 profit vachi andulo 10 poyena migilina profit 90 poyena 10 gurunchi alochinchi rogalu techukune batch memu

Rofl 

Posted
1 minute ago, Raja_Returns said:

anna total wrong

stocks lo ayena home meda ayena 100 profit vachi andulo 10 poyena migilina profit 90 poyena 10 gurunchi alochinchi rogalu techukune batch memu

E madya baga profits lo untalu unav tatha vachaka stoxk market lo rofl , you only post losses never tell about profits

Posted
13 minutes ago, csrcsr said:

Bro forget about them many have side money you are not even aware how mich people accumulated in stocks even if its zero value some of them have zero impact for their life style

You know some regular engineers at servicenow, salesforce minted in stocks ? Snow some got vested at 350

Nvidea employees gurinchi entha takva mataladithe antha manchidi

Some people joined meta when meta was 200 

Vmware broadcomm aquistition apudu how many employees minted money 

Both wife and husband working they dont even look homes properly for investmebt entire thing agent deals 

Lot lot lots of side money agree with your point dont have to throw but dont worry about their life style inko 2 million asset chupisthe ipude padestaru

agreed prathi okkadi inti deggara 2-3 luxury car lu unnai..

ippudu kakapoyina intrest rates tagga gane malli parigettukoni vastaru

Posted
17 minutes ago, Android_Halwa said:

This is how over valuation gets corrected…side income vundi eda peda monesina, stocks valla sampainchi konna..ekado oka degara avanni balance avali, system is designed in such a way..

People who made quick money are the one’s who invested in such propertoes expecting the same bull run to continue forever kani ala jaragadu…

 

most of these purchases are made by younger lot....vellalo evvaru 2008 time lo US lo undi undaru....2008 live lo chusina desi batch chala careful ga untaaru..

Posted

I’m also from Tracy Hills ba 

Ellis lo konna 2020 starting lo for 700k including all updates 

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