Codemonkey Posted March 1, 2019 Report Posted March 1, 2019 55 minutes ago, psycopk said: i mean.. what is his source of income.. agro and food processing based industry bayya. Quote
Erri_puspam Posted March 1, 2019 Report Posted March 1, 2019 3 hours ago, solman said: chase vadu ichee 0.01% tho compare cheste 3% chala best kada uncle Ee panikimalina 1-3% enduku babu. They can’t even beat inflation. If investment is for long term -buy a good index mutual fund or ETF. Doing monthly SIP based investment aythie at least 10% vastundi long term. India lanti growing economies lo ayite long term index funds gives atleast 15% .if investment horizon 5+years aethye. India lo long-term capital gains in equities ki only 10% tax. Quote
Chinna84 Posted March 1, 2019 Report Posted March 1, 2019 3 hours ago, Codemonkey said: India lo one of my close relatives (trust worthy) wants money and offered 18% interest rate compounded every quarter. Is this a good deal? Li8.. Quote
Genuine11 Posted March 1, 2019 Report Posted March 1, 2019 1 hour ago, Codemonkey said: How did you invest in Condo? Do you've someone managing the property? I took the condo near to where I live. I manage it on my own. Quote
Genuine11 Posted March 1, 2019 Report Posted March 1, 2019 1 hour ago, psycopk said: Condo enta down chesav? India lo kastam nammkam ga iche vallu dorakatam ledu.. oka vela nammakam ga iche vallu unna they are only giving 12% I did a down payment of 5% and lived there for 1 year and then started renting it out. India lo koncham circle undali and edo okati surety pettukovali 1 Quote
Genuine11 Posted March 1, 2019 Report Posted March 1, 2019 56 minutes ago, Bharatiyudu said: Condo seems to be interesting.. eay place lo tesukunnav bro condo..? Michigan Quote
Smallpappu Posted March 1, 2019 Report Posted March 1, 2019 1 hour ago, psycopk said: Condo enta down chesav? India lo kastam nammkam ga iche vallu dorakatam ledu.. oka vela nammakam ga iche vallu unna they are only giving 12% Baa still 12% is gud Quote
idibezwada Posted March 1, 2019 Report Posted March 1, 2019 1 hour ago, Genuine11 said: I did a down payment of 5% and lived there for 1 year and then started renting it out. India lo koncham circle undali and edo okati surety pettukovali there is no way you could get 24% return on rental unless its a weird case..are u visiring biscut man? Quote
Spartan Posted March 1, 2019 Report Posted March 1, 2019 7 hours ago, Spartan said: nenu pettinavi.. High Return (>10% returns) --- FBGRX Balanced Fund (~= 4-7%) -- FBALX Safe Funds (2-3%) -- VEU ltt @psycopk Quote
Rajugadu Posted March 1, 2019 Report Posted March 1, 2019 14 hours ago, psycopk said: Need to hear ur thoughts... i want to invest my money.. where my investment keeps earning money for me there after.. eg.. high dividend stocks, fd,etcc chime in ur ideas... realestate not interested Afdb lo pettav ga.. 3 puulu aaru kayalu la bane undi ga.. esari for more users create something which is anti yellow ba... Quote
Genuine11 Posted March 1, 2019 Report Posted March 1, 2019 8 hours ago, idibezwada said: there is no way you could get 24% return on rental unless its a weird case..are u visiring biscut man? I invested $25,000 for condo, my payment (inlcuding HOA) is $1803. I get the rent from tenant as $1350. $1803-1350 = $453 (this is what I pay from my pocket). Out of $1803, $1009 goes to my principal. So my net profit (around $500) goes to Condo payment which I only get at last when I sell the condo, but still it's profit kada. Let me know if I am doing something different or wrong. Quote
psycopk Posted March 1, 2019 Author Report Posted March 1, 2019 7 hours ago, Spartan said: ltt @psycopk Yea saw it sitti thx Quote
idibezwada Posted March 1, 2019 Report Posted March 1, 2019 39 minutes ago, Genuine11 said: I invested $25,000 for condo, my payment (inlcuding HOA) is $1803. I get the rent from tenant as $1350. $1803-1350 = $453 (this is what I pay from my pocket). Out of $1803, $1009 goes to my principal. So my net profit (around $500) goes to Condo payment which I only get at last when I sell the condo, but still it's profit kada. Let me know if I am doing something different or wrong. idem lekka uncle...return should be based on your total investment...so lets assume your condo is 125k and 20% of it 25k as down payment...now the rest of 100k you are still obligated to pay no matter what...even taking the best case say your condo is rented 24/7..you total revenue is 12*$1350=$16200 You total out of you pocket=(1803-1009)*12=$9528 Net = 16200-9528=$6672 which is 5.3% Quote
all_cinema_abhimani Posted March 1, 2019 Report Posted March 1, 2019 I invested in Betterment, passive robo investing.. not bad so far.. got 3% till now.. but hoping it to be better. I am also looking to invest in Condo/Townhome for rental income.. Look at roofstock.com where you can buy rental properties which are managed by them. I am also looking into this and yet to invest. Any one bought using this? 1 Quote
psycopk Posted March 1, 2019 Author Report Posted March 1, 2019 5 minutes ago, all_cinema_abhimani said: I invested in Betterment, passive robo investing.. not bad so far.. got 3% till now.. but hoping it to be better. I am also looking to invest in Condo/Townhome for rental income.. Look at roofstock.com where you can buy rental properties which are managed by them. I am also looking into this and yet to invest. Any one bought using this? Can you share more details on robo investing? Quote
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