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Real Estate: Buying Duplex.. Good Or ...

Chalanachithram.com DB » New TF Industry Related » Archive through March 15, 2016 » Real Estate: Buying Duplex.. Good Or Bad.. Need your exp « Previous Next »
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Keko_keka
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Username: Keko_keka

Post Number: 2155
Registered: 07-2010
Posted From: 199.44.15.72

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Posted on Monday, March 14, 2016 - 09:28 am:       


Andhrawala:

Desi kids carry whisky mixed with coke and sell in school for $5 a bottle


 

Andhrawala
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Username: Andhrawala

Post Number: 49018
Registered: 03-2008
Posted From: 152.51.56.1

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Posted on Monday, March 14, 2016 - 09:20 am:       


Ruj:

annailu..naadoka kochen...from what age does school distrcit matter for kids? elementary or middle school?which grade?




U need good school district more for ur kids doesnt have bad company

esp high school lo bad company vunte drugs, smoking, drinkings etc la tho spoil avvuthaaru

Desi kids carry whisky mixed with coke and sell in school for $5 a bottle
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Savyasachi
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Username: Savyasachi

Post Number: 793
Registered: 12-2013
Posted From: 8.39.116.254

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Posted on Monday, March 14, 2016 - 08:15 am:       


Jeffa:

Where could I go wrong?



my 2 cents
by multiplexes at 10% less than the FMV. (remember 10% less than the fmv not 10%less than the asking price ) .

always get an inspection . include inspection clause in your contract.so that if you find something big that needs to be fixed you can either renegotiate the price or back out with out any financial dent.

and another general rule of thumb for multi famly houses. you should get atleat 1% of your purchase price as rent everymonth for you to break even on the house
for example
if you want to buy a house for 100K you should atleast get 1000 dollars in rent everymonth.

i can analyze the deal for you if you dont mind sharing the details
email:- savyasachiccdb@gmail.com
 

Xxx
Hero
Username: Xxx

Post Number: 10754
Registered: 04-2009
Posted From: 172.72.87.25

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Posted on Sunday, March 13, 2016 - 06:50 pm:       


Jeffa:

keep the kiddo in SUPER School district at early classe




super good is not needed , you need schools atleast 8 or above , to teach some thing in the school..

some schools with 5 or 6 ratings have too many problems
-
 

Xxx
Hero
Username: Xxx

Post Number: 10753
Registered: 04-2009
Posted From: 172.72.87.25

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Posted on Sunday, March 13, 2016 - 06:49 pm:       


Ruj:

? elementary or middle school?which grade?




what age should your kid get education ? I say kindergarden is the most important
-
 

Jeffa
Junior Artist
Username: Jeffa

Post Number: 615
Registered: 10-2012
Posted From: 73.231.28.224

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Posted on Sunday, March 13, 2016 - 06:44 pm:       


Ruj:

annailu..naadoka kochen...from what age does school distrcit matter for kids? elementary or middle school?which grade?



theoretically from KG. But I dont take too much pressure to keep the kiddo in SUPER School district at early classes. If possible, its good if not, at least from 3rd or 4th grade, good school district matters.
 

Ruj
Hero
Username: Ruj

Post Number: 19160
Registered: 03-2007
Posted From: 71.195.55.231

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Votes: 1 (Vote!)

Posted on Sunday, March 13, 2016 - 04:16 pm:       

annailu..naadoka kochen...from what age does school distrcit matter for kids? elementary or middle school?which grade?
 

Jeffa
Junior Artist
Username: Jeffa

Post Number: 614
Registered: 10-2012
Posted From: 73.231.28.224

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Posted on Sunday, March 13, 2016 - 03:37 pm:       


Xxx:

super , kummenandi .. you shold be getting atleast 200k per year+



Its off not from the annual income but proper financial planning around a decade plus.
 

Jeffa
Junior Artist
Username: Jeffa

Post Number: 613
Registered: 10-2012
Posted From: 73.231.28.224

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Posted on Sunday, March 13, 2016 - 03:36 pm:       

Duplex = Two houses in a unit.
Planning to buy between me and my brother-in-law.
I plan to sell my single family home and move into one unit of Duplex (3BRK).
Single family home is very huge to maintain and to pay.
Even if my BIL is not going to be with me, I can rent it out.
 

Xxx
Hero
Username: Xxx

Post Number: 10752
Registered: 04-2009
Posted From: 172.72.87.25

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Posted on Sunday, March 13, 2016 - 02:42 pm:       


Jeffa:

I can afford up to $5K-$6K per month for mortgag




super , kummenandi .. you shold be getting atleast 200k per year+
-
 

Sesani
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Username: Sesani

Post Number: 37358
Registered: 08-2014
Posted From: 69.114.190.33

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Posted on Sunday, March 13, 2016 - 02:40 pm:       


Jeffa:

duplex


u mean a condo?

Read this thread.. it might help

http://www.chalanachithram.com/discus/messages/115/301586.ht ml?1442843954
 

Gotcha
Megastar
Username: Gotcha

Post Number: 23923
Registered: 02-2008
Posted From: 107.72.164.55

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Posted on Sunday, March 13, 2016 - 02:38 pm:       

If u can afford it go for it
Undadanika or investment?
...
 

Jeffa
Junior Artist
Username: Jeffa

Post Number: 611
Registered: 10-2012
Posted From: 73.231.28.224

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Posted on Sunday, March 13, 2016 - 02:31 pm:       

Did any one try to buy a duplex? Any good and bad experiences?
I am thinking of buying a 3BRK+3BRK duplex(if not 3BRK+2BRK)in CA(good schools).
Where could I go wrong? I can afford up to $5K-$6K per month for mortgage and got above 810 FICO. Please blast me here and there to learn more... TIA

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