JambaKrantu Posted June 8, 2020 Report Share Posted June 8, 2020 25 minutes ago, Tellugodu said: 5k lo , property taxes ki and maintenance/repairs ki enta pakkana petali?? 800 to 1k Quote Link to comment Share on other sites More sharing options...
vachesa Posted June 8, 2020 Report Share Posted June 8, 2020 I followed some what similar to that general trend list, I am in the 3rd stage now except for GC part 1st Investment in India- Masters ayipoyi, loans theeripoyinaka chesina 1st investment is to buy a property (apartment) in India, no knowledge about anything, did not even see my own apartment until last year, all I did was send payments for EMI, rest all formalities taken care by parents and some others like brokers who helped my parents anthe. 2nd Investment buy house in US- I always had this in mind but courage saripoledu due to no stable job etc etc and delayed by 3-4 years aaa 2013-14 time lo manchi buyers market anta appudu konalsindi but aa time lo manaki cricket, casino, biryanis, movies and pubs anthe lokam ilanti investments ane alochanalu dari daapulaki kuda vacheve kaadu but I suggest everyone buy a house in US asap at the start of their careers( H1b first year lone teeskotam better), if you move you can always sell or rent which is not a big deal. 3rd investment- this could be split between India and US depending on how much you are investing- US lo ante most people buy 2nd houses and give for rent, India lo ante buying apartments if you don't have people to watch any other forms of real estate that requires more monitoring etc but still have someone to check on small things. Apartments or small commercial spaces ki antha pani vundadu there are agencies that manage by taking commissions. Nenu theesukuna apartment is close to my parents house so they took care but honestly antha pani emi vundedi kadu vallaki kuda esp if you find long term tenants. 4th and above- I don't know what others at this stage are doing but I am planning to risk and invest in a startup or do something on my own. No plans on saving for kids crap, vaalu sampadinchukuntaaru, minimum education varaku manam provide chestey chaalu. Quote Link to comment Share on other sites More sharing options...
linksys23 Posted June 8, 2020 Report Share Posted June 8, 2020 4 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parveryent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 very true...u cant trust ur relatives...even parent will die..then all ur indian money will go down drain..someone will enjoy ur hard earned m dollars Quote Link to comment Share on other sites More sharing options...
jathin Posted June 8, 2020 Report Share Posted June 8, 2020 13 hours ago, chantigaduUS said: Hello babulu, 2-3 posts chusa ee madya DB lo buying properties in India, investing in India etc, wanted to see emi emi consider chestunnaru me investing decision lo, some of the questions I have. please throw some light Skip 1. If ur sending/sent money from US to India for investing purposes - India lo settle avudam next few years lo aney plan meeda chesara? if so, what if your plans change and you live in US permanently , how do you plan to bring your money back to US? emi emi jagrathalu thesukovali to move money back and forth in US to prove that it is legal money? 2. If you planned to live in US permanently(current GC holder or EAD holders or priority date very close to current etc situation ), but sending money to India for investing purposes: what is the reason for investing in India when you plan to live in US permanently? just for some good returns? the benefits that ur thinking that you will get , does it out weigh the risks like kabza risks, rents ivvakapovadam, property maintenance leka povadam etc 3. finally , how are u guys managing your properties (either land or commercial rental or housing/apt etc). I know parents or close relatives chusey vallu vuntaru but if your properties are in hyderabad but your parents dont live Hyd, how are you guys managing. Emaina reliable property management companies vunnaya? thanks. Very valuable thread initiate chesaaru .., hope people learn from other persons experiences 👍 Quote Link to comment Share on other sites More sharing options...
Silverado Posted June 8, 2020 Report Share Posted June 8, 2020 Amaravati bonds lo invest chesina vuncles evaru lera? Quote Link to comment Share on other sites More sharing options...
Popular Post jathin Posted June 8, 2020 Popular Post Report Share Posted June 8, 2020 4 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 Naa own experience ni ... detailed gaa elaborate chesinaavu bedaru 👍👌👌 I am in stage #5 - trying to sell properties.. was successful in selling 1 property and still have few more ... luckily for me.. even with dollar appreciation.. still I was able to get decent profits margins after $$ conversion. For me the timing of investments 2005, 2007, 2008, 2011 & 2012 worked really well. .., In this whole process, I had to learn & deal many things in alternate ways. It wasn’t an easy road for me. But now I wouldn’t suggest India’s investments for persons who are planning to stay in USA... the reason because .. the land prices in India .. most of the places are already skyrocketed. Also, when investing and exiting.. there are many things to consider.., registration charges, GST, broker charges when buying & selling, capital gains, and dollar conversion. It’s really very hard to beat these odds and make profits... and like some other persons posted ... there are many risks .., now a days it’s very hard to find the right property with clean papers, protecting you assests from kabja, having trust worthy people to mange property, aging parents, selling property, NRI are targets for kabja... it’s impossible for NRI to deal with legal cases attending courts. Safe bet invest in the country where plan to settle (keep kids in mind). If your kids are born and raised in USA ... then forget about India investments(my 2 cents)😀 1 2 Quote Link to comment Share on other sites More sharing options...
Mattakai Posted June 8, 2020 Report Share Posted June 8, 2020 19 hours ago, chantigaduUS said: Hello babulu, 2-3 posts chusa ee madya DB lo buying properties in India, investing in India etc, wanted to see emi emi consider chestunnaru me investing decision lo, some of the questions I have. please throw some light 1. If ur sending/sent money from US to India for investing purposes - India lo settle avudam next few years lo aney plan meeda chesara? if so, what if your plans change and you live in US permanently , how do you plan to bring your money back to US? emi emi jagrathalu thesukovali to move money back and forth in US to prove that it is legal money? 2. If you planned to live in US permanently(current GC holder or EAD holders or priority date very close to current etc situation ), but sending money to India for investing purposes: what is the reason for investing in India when you plan to live in US permanently? just for some good returns? the benefits that ur thinking that you will get , does it out weigh the risks like kabza risks, rents ivvakapovadam, property maintenance leka povadam etc 3. finally , how are u guys managing your properties (either land or commercial rental or housing/apt etc). I know parents or close relatives chusey vallu vuntaru but if your properties are in hyderabad but your parents dont live Hyd, how are you guys managing. Emaina reliable property management companies vunnaya? thanks. You better die as earning machine Quote Link to comment Share on other sites More sharing options...
dasara_bullodu1 Posted June 8, 2020 Report Share Posted June 8, 2020 11 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 Red - nayna ye ooru manadi Quote Link to comment Share on other sites More sharing options...
KadapaKingg Posted June 8, 2020 Report Share Posted June 8, 2020 11 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 This is 100% true, I am in phase 3 now, my brother in phase 4. phase 1# 23 to 30 years Age phase 2# 31 to 35 years age phase 3# 35 to 40 years age phase4# 41 to 47 years age phase5# 48 to 58 years age finally a lifetime wasted. Ikkada tini tinaka mottam India pampinchi we will end up working till 65 to 70 and die a few years after. Doing IT jobs dont expect to live till 85 to 90. Max 75 ante..lots of mental stress with no physical activity Quote Link to comment Share on other sites More sharing options...
JambaKrantu Posted June 8, 2020 Report Share Posted June 8, 2020 9 minutes ago, dasara_bullodu1 said: Red - nayna ye ooru manadi Ante realization ki vachina uncles majority pre 2009 priority date annanata.. Quote Link to comment Share on other sites More sharing options...
argadorn Posted June 8, 2020 Report Share Posted June 8, 2020 1 hour ago, KadapaKingg said: This is 100% true, I am in phase 3 now, my brother in phase 4. phase 1# 23 to 30 years Age phase 2# 31 to 35 years age phase 3# 35 to 40 years age phase4# 41 to 47 years age phase5# 48 to 58 years age finally a lifetime wasted. Ikkada tini tinaka mottam India pampinchi we will end up working till 65 to 70 and die a few years after. Doing IT jobs dont expect to live till 85 to 90. Max 75 ante..lots of mental stress with no physical activity uncle welcome back ... Quote Link to comment Share on other sites More sharing options...
vkk Posted June 8, 2020 Report Share Posted June 8, 2020 13 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 What a post. So true to reality for many of us. Quote Link to comment Share on other sites More sharing options...
kathanayaka Posted June 8, 2020 Report Share Posted June 8, 2020 14 hours ago, JambaKrantu said: Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. This is the general trend I observed:- 1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you. 2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you. 3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again.. 5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65 life ante US ke kattu banisa antav oka time pettukoni india povadam better antava? Quote Link to comment Share on other sites More sharing options...
Assam_Bhayya Posted June 8, 2020 Report Share Posted June 8, 2020 NRIs, especially US lo unnollu, India lo invest cheyakunda evaru undaleru, 50-55 years ochi, kids college/Univ ku ochinaaa, india relocation gurinchi daily aloochisthunnee untaaru, fellow desis tho discuss chesthuneee untaru, its a @nirantaraprakriya Quote Link to comment Share on other sites More sharing options...
JambaKrantu Posted June 8, 2020 Report Share Posted June 8, 2020 4 hours ago, Assam_Bhayya said: NRIs, especially US lo unnollu, India lo invest cheyakunda evaru undaleru, 50-55 years ochi, kids college/Univ ku ochinaaa, india relocation gurinchi daily aloochisthunnee untaaru, fellow desis tho discuss chesthuneee untaru, its a @nirantaraprakriya ade nenu cheppedi enta tondaraga realize aite anta manchindi.. ledante alaa dream world lo stuck aipotaaru unnadi enjoy cheyakundaa ekkado unnadaani gurinchi dreams lo untoo.. Once your kids are past 8 to 10 years, realize that your bridges are burnt and start saving and investing here and living your life here rather watching TV9 news from morning to midnight and living in a virtual world.. 1 Quote Link to comment Share on other sites More sharing options...
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