ErraBook_monagadu Posted May 27 Report Posted May 27 market assam https://www.zillow.com/homedetails/6341-Zink-House-Dr-Tracy-CA-95377/300276460_zpid/ Quote
ErraBook_monagadu Posted May 27 Author Report Posted May 27 Couple months more waiting, seller would have sold even for $800K desperation 1 Quote
Chatgpt2 Posted May 27 Report Posted May 27 11 minutes ago, ErraBook_monagadu said: market assam https://www.zillow.com/homedetails/6341-Zink-House-Dr-Tracy-CA-95377/300276460_zpid/ Still 4 years ki ROI good no? Quote
Sonu_Patel Posted May 27 Report Posted May 27 @VanceChilukuri - anna .. full demand annav.. mari 1.3 Mil dhi 1 Mil ki enduku sale jarigindi. Quote
11_MohanReddy Posted May 27 Report Posted May 27 Probably has to return to office and can't deal with the commute Quote
ErraBook_monagadu Posted May 27 Author Report Posted May 27 13 minutes ago, Xtian_Teddy said: but still profit kada ba Where is the profit? paid $60k property taxes, $100k in buying+selling costs and vacancy cost for one year. purchased $840k and sold $1M after 4 years. Zero profit. effectively paid interest to the bank each year and took care of the banks house as coolie 1 Quote
ErraBook_monagadu Posted May 27 Author Report Posted May 27 16 minutes ago, Chatgpt2 said: Still 4 years ki ROI good no? Wrong. Many desis bought similar houses for $1.4m-$1.5m later in 2023 and 2024. Now they all looking at huge depreciation and minimum 600k losses. https://www.zillow.com/homedetails/6305-Callaway-Dr-Tracy-CA-95377/325545450_zpid/ 1 Quote
ErraBook_monagadu Posted May 27 Author Report Posted May 27 People who bought in 2020 2021 are ok selling now because their entry point was low. but bakras that entered in 2022-2024 at highly inflated prices are dead now, underwater mortgages, huge losses Quote
Sonu_Patel Posted May 27 Report Posted May 27 1 minute ago, ErraBook_monagadu said: Where is the profit? paid $60k property taxes, $100k in buying+selling costs and vacancy cost for one year. purchased $840k and sold $1M after 4 years. Zero profit. effectively paid interest to the bank each year and took care of the banks house as coolie as per our Kitty party group Home owners.. $1M ki pedithey.. $1.3M ki bidding start chesi $1.5M ki sale chesthey.. they will feel very happy and proud. but papam Newly married couples and OPT home owners burning their finances to keep up their athmagouravam. 1 Quote
hushh fatak Posted May 28 Report Posted May 28 18 hours ago, Chatgpt2 said: Still 4 years ki ROI good no? antha ledu 4 years ki interest - 78-80K expenses to maintain it 3-4K sale appudu realtor commision 3-4% 40K actual profit is 1000-833K = 167K Minus 80+4+40K = 124K table profit = 167-124 = 43K ante 35-36 Lakhs in 4 years 2 Quote
nenu_meeku_telusa Posted May 28 Report Posted May 28 18 hours ago, ErraBook_monagadu said: market assam https://www.zillow.com/homedetails/6341-Zink-House-Dr-Tracy-CA-95377/300276460_zpid/ Bought for 830 and 56% increase in 4 years is desperate try. Quote
2024 Posted May 28 Report Posted May 28 10 minutes ago, hushh fatak said: antha ledu 4 years ki interest - 78-80K expenses to maintain it 3-4K sale appudu realtor commision 3-4% 40K actual profit is 1000-833K = 167K Minus 80+4+40K = 124K table profit = 167-124 = 43K ante 35-36 Lakhs in 4 years 4 years house rent kooda saving kada per month average gaa 3K rent vesukunna.. per year 36K 2 Quote
Popular Post Chatgpt2 Posted May 28 Popular Post Report Posted May 28 9 minutes ago, hushh fatak said: antha ledu 4 years ki interest - 78-80K expenses to maintain it 3-4K sale appudu realtor commision 3-4% 40K actual profit is 1000-833K = 167K Minus 80+4+40K = 124K table profit = 167-124 = 43K ante 35-36 Lakhs in 4 years How abt rent money? They stayed for free, 4k * 12 minths * 4 years = ~ 200k 3 Quote
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