Dallas & Austin Mestri Uncles and Tech Consultants Commercial Real Estate Investment Crash Stories.

[Gaali_Gottam_Govinda]

Since last 2 years.......... Hundreds or may be even thousands of regular Dallas & Austin IT coolie desis here formed in a groups of 5-20....... Build Office and retail spaces and hope to flip them for 50-100% profit on their investment in 3-5 years. 

(Group of 10) Avg Commercial Real project: $3M

Invested 5-20% own money which means $25-50K each

and took 95-80% in Commecial mortgage debt from Banks ($250K-500K)

All the office and retail projects are now in grinding halt and on hold with uncertain future. 

Inka Desi Mestris goorinchi antara........ I'm hearing stories a couple of desi mestris in my family circle.......... invested $1-5M of their own money in $10-50Million commercial project....... If Commercial  and retail market goes down 25-30%........  mestris will lose $10M instantly and will go Bankrupt.

[veeraveeraleaks]

baga ayyindhi antunna OFTSSSS

[idibezwada]

nice happened

[Democraticcompulsion]

Enduku sadism?

Kooli, mestri should be like fish and water. Okadu lekapote inkokadu ledu.

Think about it.

[mustang302]

😰

[perugu_vada]

Employers ki oche cash inflow valla definite ga invest chestaru real estate lo, ap lo bhayankaram ga invest chesaru eluru side, US lo kuda almost every employer will invest in real estate

[jefferson1]

if they earned that money honestly.... feel  for them

if they lied and cheated .... nice happened

[sureshkonda]

Dallas mesthris ki heavy losses ani vinna. Ippudu anni companies wfh offer chesthunnayi employees ki. Retail stores anni bandh. Commercial real estate meeda invest jesudu waste

[Tellugodu]

1 minute ago, sureshkonda said:

Dallas mesthris ki heavy losses ani vinna. Ippudu anni companies wfh offer chesthunnayi employees ki. Retail stores anni bandh. Commercial real estate meeda invest jesudu waste

They can recoup those last fortune in a span of 1 year by acting as jelaga on poor opt/cpt students.

[No_body_friends]

16 minutes ago, Gaali_Gottam_Govinda said:

Since last 2 years.......... Hundreds or may be even thousands of regular Dallas & Austin IT coolie desis here formed in a groups of 5-20....... Build Office and retail spaces and hope to flip them for 50-100% profit on their investment in 3-5 years. 

(Group of 10) Avg Commercial Real project: $3M

Invested 5-20% own money which means $25-50K each

and took 95-80% in Commecial mortgage debt from Banks ($250K-500K)

All the office and retail projects are now in grinding halt and on hold with uncertain future. 

Inka Desi Mestris goorinchi antara........ I'm hearing stories a couple of desi mestris in my family circle.......... invested $1-5M of their own money in $10-50Million commercial project....... If Commercial  and retail market goes down 25-30%........  mestris will lose $10M instantly and will go Bankrupt.

pakkanodi kastam choosthe aanandham ga undhi kadha ra?

@Gaali_Gottam_Govinda

[Deadp0ol2]

Eddi mokaalu real estate hyd lo periginattu 4 times pergutadi ani aasa. 

Tinadaniki tinde ledu evad kontadu ippudu aa spaces

[Michaelbarbosa]

25 minutes ago, Gaali_Gottam_Govinda said:

Since last 2 years.......... Hundreds or may be even thousands of regular Dallas & Austin IT coolie desis here formed in a groups of 5-20....... Build Office and retail spaces and hope to flip them for 50-100% profit on their investment in 3-5 years. 

(Group of 10) Avg Commercial Real project: $3M

Invested 5-20% own money which means $25-50K each

and took 95-80% in Commecial mortgage debt from Banks ($250K-500K)

All the office and retail projects are now in grinding halt and on hold with uncertain future. 

Inka Desi Mestris goorinchi antara........ I'm hearing stories a couple of desi mestris in my family circle.......... invested $1-5M of their own money in $10-50Million commercial project....... If Commercial  and retail market goes down 25-30%........  mestris will lose $10M instantly and will go Bankrupt.

nice idea but returns are high for such kinda ventures in India right.