pandu123b Posted April 12, 2022 Report Share Posted April 12, 2022 2 minutes ago, Captain_nd_Coke said: If both work or double gigs, the money you save on state tax covers the property tax... yes, i agree. as per my calculation, if your TC > 350 k. it will be brake even Quote Link to comment Share on other sites More sharing options...
JambaKrantu Posted April 12, 2022 Report Share Posted April 12, 2022 Rents kooda too much perigipoyaay.. Friend bought a house for 680k in 2020. Wanted to sell before relocating to India in 2020 but because of Covid couldn't sell which was very lucky for him. Now the home is valued at 950k and he is renting it for 4500 per month. 3000 per month rent ante too much unde ippudu 4500 anna kooda immediately renting. My townhome used to rent for 2100 to 2200 per month in Alpharetta now one tenant is vacating and I am getting multiple requests at 3000 per month.. 1 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted April 12, 2022 Report Share Posted April 12, 2022 3 minutes ago, JambaKrantu said: Rents kooda too much perigipoyaay.. Friend bought a house for 680k in 2020. Wanted to sell before relocating to India in 2020 but because of Covid couldn't sell which was very lucky for him. Now the home is valued at 950k and he is renting it for 4500 per month. 3000 per month rent ante too much unde ippudu 4500 anna kooda immediately renting. My townhome used to rent for 2100 to 2200 per month in Alpharetta now one tenant is vacating and I am getting multiple requests at 3000 per month.. 1million home ki 4.5k rent aa? Ekkada bhayya? for 4.5k, u can rent a home in palo alto/mountain view where homes cost 4m Quote Link to comment Share on other sites More sharing options...
Captain_nd_Coke Posted April 12, 2022 Report Share Posted April 12, 2022 5 minutes ago, pandu123b said: yes, i agree. as per my calculation, if your TC > 350 k. it will be brake even Other way to think, other states like nj ny ca, state income tax to patu property taxes kuda pay cheyali... aa calculations to when i researched, two salaries negates tx prop taxes is what i figured, but i passed on tx and called tn my new state Quote Link to comment Share on other sites More sharing options...
Captain_nd_Coke Posted April 12, 2022 Report Share Posted April 12, 2022 1 minute ago, Vaampire said: 1million home ki 4.5k rent aa? Ekkada bhayya? for 4.5k, u can rent a home in palo alto/mountain view where homes cost 4m Yoo... cupertino lo 2 mill homes ke 4500 rents unnai, inka palo alto lo kuda same ante i cant blv ya.. 1 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted April 12, 2022 Report Share Posted April 12, 2022 1 minute ago, Captain_nd_Coke said: Yoo... cupertino lo 2 mill homes ke 4500 rents unnai, inka palo alto lo kuda same ante i cant blv ya.. 4500-5000 ki rent ki dorukuthayi. But neeku telisey untadhi patha homes. Vaati value mathram 3-5m easy. I know few people renting in palo alto Quote Link to comment Share on other sites More sharing options...
Vaampire Posted April 12, 2022 Report Share Posted April 12, 2022 18 minutes ago, pandu123b said: @Vaampirebro , nee anta knowledge ledu, but, my analysis is specific to Texas area with High Property Tax here. just calculate 2.5 to 3% on 600k -1 M houses 2.5-3% property tax. 3% interest rate. Motham kalipi 6%. YeArly 10% avge vesukovachu appreciation. Plus saving on rent Quote Link to comment Share on other sites More sharing options...
Captain_nd_Coke Posted April 12, 2022 Report Share Posted April 12, 2022 Just now, Vaampire said: 4500-5000 ki rent ki dorukuthayi. But neeku telisey untadhi patha homes. Vaati value mathram 3-5m easy. I know few people renting in palo alto Used to live there till '18... ya might be true.. but takkuve anali... Ikkada nashville lo ne 3k untunnai 1.2 mill homes ala...so anduke was shocked to see such amounts for 4mill homes Quote Link to comment Share on other sites More sharing options...
pandu123b Posted April 12, 2022 Report Share Posted April 12, 2022 7 minutes ago, Vaampire said: 2.5-3% property tax. 3% interest rate. Motham kalipi 6%. YeArly 10% avge vesukovachu appreciation. Plus saving on rent so, as per you, house value double in 10 years and three times in 30 years. which is not practical,i think. Another great thing with Texas is Appraisal value increase every year if house value increases 😀 Quote Link to comment Share on other sites More sharing options...
Vaampire Posted April 12, 2022 Report Share Posted April 12, 2022 13 minutes ago, pandu123b said: so, as per you, house value double in 10 years and three times in 30 years. which is not practical,i think. Another great thing with Texas is Appraisal value increase every year if house value increases 😀 Hmmm. I bought a home in 2013 dec and sold last year. 200% gain. It increased by another 500k since i sold. Offcourse some of it can be attributed to pandemic/inflation 1 Quote Link to comment Share on other sites More sharing options...
pandu123b Posted April 12, 2022 Report Share Posted April 12, 2022 8 minutes ago, Vaampire said: Hmmm. I bought a home in 2013 dec and sold last year. 200% gain. It increased by another 500k since i sold. Offcourse some of it can be attributed to pandemic/inflation one genuine question bro.. why is it increased so much in last 3 years?? Quote Link to comment Share on other sites More sharing options...
Vaampire Posted April 12, 2022 Report Share Posted April 12, 2022 1 minute ago, pandu123b said: one genuine question bro.. why is it increased so much in last 3 years?? Pandemic wfh situation. Plus low inventory of homes. Plus low interest rates. Plus supply chain issues. Plus inflation Quote Link to comment Share on other sites More sharing options...
JambaKrantu Posted April 12, 2022 Report Share Posted April 12, 2022 47 minutes ago, Vaampire said: 1million home ki 4.5k rent aa? Ekkada bhayya? for 4.5k, u can rent a home in palo alto/mountain view where homes cost 4m In Alpharetta, already rented also, off course these are not CA shitty old homes that look run down.. These are nice recent builds that probably will sell for 4M in CA, 1M in GA.. Quote Link to comment Share on other sites More sharing options...
Marsmangalodu Posted April 12, 2022 Report Share Posted April 12, 2022 1 hour ago, RajaNarthaki said: 2021 lo okadu 425K ki 1998 built home koni 1 year lo chinna renovations like floor update, kitchen, redone pool chesi 635 ki ammadu. ikkada badhapadalsina vishayam entante , nenu daaniki earnest money ichi irukkunna 6K. This is in Phoenix. pothe poindi ani back out avvala leka wait cheyala ani ardam kavatledu 5% interest eskunna double my current rent including P&I, HOA, PMI, Home insurance vastondi. deenemma jeevitham is it in deer valley bro..planning to move to phoenix in few months Quote Link to comment Share on other sites More sharing options...
Swatkat Posted April 12, 2022 Report Share Posted April 12, 2022 19 minutes ago, JambaKrantu said: In Alpharetta, already rented also, off course these are not CA shitty old homes that look run down.. These are nice recent builds that probably will sell for 4M in CA, 1M in GA.. Super bro Quote Link to comment Share on other sites More sharing options...
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