andhrabullet Posted August 2, 2021 Report Share Posted August 2, 2021 ela untadi..like flipping not for renting...intrest rates pergavu ani antunnaru.. any thoughts? Quote Link to comment Share on other sites More sharing options...
Simple123 Posted August 2, 2021 Report Share Posted August 2, 2021 21 minutes ago, andhrabullet said: ela untadi..like flipping not for renting...intrest rates pergavu ani antunnaru.. any thoughts? check with your local realtors and they will guide you. Quote Link to comment Share on other sites More sharing options...
Kootami Posted August 2, 2021 Report Share Posted August 2, 2021 22 minutes ago, andhrabullet said: ela untadi..like flipping not for renting...intrest rates pergavu ani antunnaru.. any thoughts? 20% down kattali ... plus hoa lekunda chusko. ivanni ayyaka kuda neku cashflow undantey go for it. Managing properties in US is always better than in india. for flipping you have to work with contractors and get work done and then sell it , long process but good one. 1 Quote Link to comment Share on other sites More sharing options...
phatposts Posted August 2, 2021 Report Share Posted August 2, 2021 It is alwasy good if you know what you are doing. Factor in closing costs, reno costs, fees when selling (6%) and opportunity costs for the money invested. Traditional loan buying and flipping are hard to make sense. Quote Link to comment Share on other sites More sharing options...
andhrabullet Posted August 2, 2021 Author Report Share Posted August 2, 2021 idi old home flipping kadhu baa... new home construct chesi flip..ela untadi Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted August 2, 2021 Report Share Posted August 2, 2021 36 minutes ago, andhrabullet said: ela untadi..like flipping not for renting...intrest rates pergavu ani antunnaru.. any thoughts? No one really knows how the housing market will go in future but all those who purchased housing as investment have made it big in the last 10 years. Also flipping housing is not easy unless you can do the work yourself , there are a lot of hidden costs involved and if you can't do hands on work , it will end up as a loss. Right now the market is red hot and anyone can turn a profit but most people can't survive a downtrend . You will be stuck with expensive and depreciating property incase there is a long downturn (which is quite common ) Quote Link to comment Share on other sites More sharing options...
gudboy Posted August 2, 2021 Report Share Posted August 2, 2021 9 minutes ago, andhrabullet said: idi old home flipping kadhu baa... new home construct chesi flip..ela untadi new home malli flip endi? Quote Link to comment Share on other sites More sharing options...
Kalam_Youtheman Posted August 2, 2021 Report Share Posted August 2, 2021 7 minutes ago, gudboy said: new home malli flip endi? he meant resale... flip meaning resale ani anukuntunnademo literally Quote Link to comment Share on other sites More sharing options...
Ryzen_renoir Posted August 2, 2021 Report Share Posted August 2, 2021 2 minutes ago, Kalam_Youtheman said: he meant resale... flip meaning resale ani anukuntunnademo literally Well as of now some people are flipping new houses for higher prices . This is an irrational market , when the market slows down he will be left with a expensive property that would not sell Quote Link to comment Share on other sites More sharing options...
gudboy Posted August 2, 2021 Report Share Posted August 2, 2021 6 minutes ago, Kalam_Youtheman said: he meant resale... flip meaning resale ani anukuntunnademo literally first ee market lo new home ekkada dorukuthadi without bidding? okavela dorikina edo outskirts lo dorakochu..but outskirts anta demand untada? Quote Link to comment Share on other sites More sharing options...
bluebadger Posted August 2, 2021 Report Share Posted August 2, 2021 am no expert - but one thing always boggles me - why would ppl invest in western markets, that is considered highly stable and takes a while to get roi. Also house is always considered to be a depreciating asset, why would anyone consider it for investment purposes - any insights? Quote Link to comment Share on other sites More sharing options...
tom bhayya Posted August 2, 2021 Report Share Posted August 2, 2021 2 minutes ago, bluebadger said: am no expert - but one thing always boggles me - why would ppl invest in western markets, that is considered highly stable and takes a while to get roi. Also house is always considered to be a depreciating asset, why would anyone consider it for investment purposes - any insights? Flow lo kottukupovadamey no logics Quote Link to comment Share on other sites More sharing options...
bluebadger Posted August 2, 2021 Report Share Posted August 2, 2021 6 minutes ago, tom bhayya said: Flow lo kottukupovadamey no logics investment ante due diligence and r&d cheskuntam ga bhayya - I mean if u wanted to live in the property - makes more sense to me otherwise fear of losing tappa naakaithe logical reasoning kanpiyyadu in such investments Quote Link to comment Share on other sites More sharing options...
tom bhayya Posted August 2, 2021 Report Share Posted August 2, 2021 Just now, bluebadger said: investment ante due diligence and r&d cheskuntam ga bhayya - I mean if u wanted to live in the property - makes more sense to me otherwise fear of losing tappa naakaithe logical reasoning kanpiyyadu in such investments Crypto lo endhuku pettaru antey em chepthaaru evaranna? Idhi kuda anthey anuko Quote Link to comment Share on other sites More sharing options...
Simple123 Posted August 2, 2021 Report Share Posted August 2, 2021 56 minutes ago, andhrabullet said: idi old home flipping kadhu baa... new home construct chesi flip..ela untadi ekkada bro ? which city ? Quote Link to comment Share on other sites More sharing options...
-1.thumb.png.613bdd33b4e8b5f69ac815bf90e62a8b.png)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.