| Author | Message | ||
Scorpio Hero Username: Scorpio Post Number: 19191 Registered: 09-2008 Posted From: 73.83.15.106 Rating: N/A |
mallee eppudosthunnaav ikkadiki ? You do one more Mumbai, you lose Balochistan - NSA Ajit Doval | ||
Saarang Hero Username: Saarang Post Number: 17387 Registered: 06-2012 Posted From: 208.54.104.37 Rating: N/A |
Some discussion related to this: https://www.biggerpockets.com/forums/311/topics/195885-buyer -agent-commission-25-vs-30 | ||
Politricks Megastar Username: Politricks Post Number: 22774 Registered: 03-2008 Posted From: 107.15.218.221 Rating: N/A |
Ilanti places lo for sure both working with close to 300K income ayithe ne undagalam...anduke nenu jump kotta! | ||
Saarang Hero Username: Saarang Post Number: 17383 Registered: 06-2012 Posted From: 208.54.104.34 Rating: N/A |
Its no mandatory but there is a good chance agents will steer their clients away from your property...so manam generally aa chance teesukolem. | ||
Jaguar Comedian Username: Jaguar Post Number: 1551 Registered: 01-2017 Posted From: 12.180.115.102 Rating: N/A |
It is mandatory to pay 3% commission to the buyer's agent if house is SALE BY OWNER ? | ||
Linkmaster Legend Username: Linkmaster Post Number: 58675 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
most news houses are with less lot sizes.. https://www.yahoo.com/news/m/5687dcf2-8e8c-3858-a8d3-b2ae9c8 1eb5d/ss_landless-americans-are-the.html Sarang, in 1.2 acre corner bit, how many houses can be built? | ||
Hadoop Side Hero Username: Hadoop Post Number: 9521 Registered: 12-2014 Posted From: 99.104.124.142 Rating: N/A |
nakenduko housing and stocks bubble thondarlo undi anipistundi. keep money in banks you will get double discount in buying houses/stocks if you wait a yr or two. | ||
Linkmaster Legend Username: Linkmaster Post Number: 58674 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
https://finance.yahoo.com/m/242967a4-5477-373f-8cf0-92ab78c2 ef2f/ss_bay-area-rents-climb-ahead-of.html bay area rents climbing | ||
Saarang Hero Username: Saarang Post Number: 17382 Registered: 06-2012 Posted From: 208.54.104.34 Rating: N/A |
Yeah, but if he knows what he is doing he will get that 4% discount or more on price. | ||
Saarang Hero Username: Saarang Post Number: 17381 Registered: 06-2012 Posted From: 208.54.104.34 Rating: N/A |
No, i am talking about pricing that is equal or lower than Redfin. Redfin started offering 1% listings in Seattle an year back and extended it to more markets now. https://www.redfin.com/blog/2017/10/1-percent-listing-announ cement.html | ||
Gotcha Megastar Username: Gotcha Post Number: 29131 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
if u sell through redfin adi cheaper kada like 5% or something ... | ||
Linkmaster Legend Username: Linkmaster Post Number: 58670 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
title, closing and commisions almost 7% ayyindi.. I got one investor buying as is. With him, it may cost me 3%. | ||
Linkmaster Legend Username: Linkmaster Post Number: 58668 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
https://finance.yahoo.com/m/a45bf2e9-8316-3f38-85a7-1aa5ba4a e764/ss_homeowners-are-sitting-on.html | ||
Saarang Hero Username: Saarang Post Number: 17380 Registered: 06-2012 Posted From: 208.54.104.34 Rating: N/A |
Home selling costs for me are typically: 3% selling agent commission, 1% listing agent commission, 2% excise tax, 2-4% staging, escrow and vacancy costs. Don't think we can save anything other that 1% listing agent commission by getting a real estate license. Have been lazy to do that, but those 1%s have added up to quite a bit in hindsight. We will save a lot in vacancy costs, staging and agent commissions if our tenant buys the home...but i was never able to do that. | ||
Saarang Hero Username: Saarang Post Number: 17379 Registered: 06-2012 Posted From: 208.54.104.34 Rating: N/A |
Yes, that's one way to buy more properties...you can use that equity towards down payment for another property or two. You are increasing your risk by doing that, so we need to be really sure about what we are getting into and have a plan for the worst case scenario. If the market goes down, we may not be able to see the homes at a price that will clear the loan....so we need to make sure that we will have enough liquidity and staying power to come out of the downturn. One good thing is these days Banks will not let you cash out with out of an investment home without leaving at least 25% equity in the home. | ||
Linkmaster Legend Username: Linkmaster Post Number: 58667 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
how to minimise closing cost ? | ||
Gatti_gunde Megastar Username: Gatti_gunde Post Number: 23364 Registered: 02-2010 Posted From: 204.194.77.14 Rating: N/A |
thanks annai .... | ||
Biggboss Side Hero Username: Biggboss Post Number: 3433 Registered: 08-2017 Posted From: 73.241.241.99 Rating: N/A |
Look at this home, Dec 1, 2015 ki 725k ki poyindhi...same house is listed for 1.4milliom 3 years lo close to 700k profit https://www.redfin.com/CA/Fremont/3150-Greenwood-Dr-94536/ho me/1061095#property-history | ||
Gotcha Megastar Username: Gotcha Post Number: 29129 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
ayina 1 million petti investment properties kondam kastam le, anta tondaraga loan raadu kada. ayina emi area oo explicit ga cheppu knowledge is wine we can always use it later. ... | ||
Sesani Legend Username: Sesani Post Number: 57748 Registered: 08-2014 Posted From: 108.171.131.186 Rating: N/A |
in this specific post discussion of gotcha and BB... increase in the home price since the day it was bought assuming ur planning to see today.... In general home equity is the market value - home loan... with market appreciation ur equity will increase... ade market paddadi anuko ur equity will fall | ||
Gotcha Megastar Username: Gotcha Post Number: 29128 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
wow knte akkada konali anamata ayite. idi ee area specifically ... | ||
Biggboss Side Hero Username: Biggboss Post Number: 3429 Registered: 08-2017 Posted From: 73.241.241.99 Rating: N/A |
nenu ichina example Bay Area lo (Fremont)...anni areas(milpitas) lo last Oct'17 (before new budget and interest rates raise) 800-900k vellina homes ippudu 1.1 to 1.2m these are 1100 sft to 1250sft homes  | ||
Emc2 Legend Username: Emc2 Post Number: 68379 Registered: 03-2008 Posted From: 71.126.165.211 Rating: N/A |
Meeki ekaa.....da | ||
Gatti_gunde Megastar Username: Gatti_gunde Post Number: 23363 Registered: 02-2010 Posted From: 204.194.77.14 Rating: N/A |
equity ante enti | ||
Biggboss Side Hero Username: Biggboss Post Number: 3428 Registered: 08-2017 Posted From: 73.241.241.99 Rating: N/A |
maa kaada...Oct 2017 lo 925k sell ayyina homes, same size ippudu 1.2million ki pothunnayi 300k equity in 6 months  | ||
Emc2 Legend Username: Emc2 Post Number: 68378 Registered: 03-2008 Posted From: 71.126.165.211 Rating: N/A |
new homes expensive unnayi fairfax county lo, good size homes are selling above 1.5, town homes 850, nvhomes vadu start chesadu | ||
Gotcha Megastar Username: Gotcha Post Number: 29126 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
kummu saraang kummu. dallas suburbs lo 25+k petti illu konte 100K equity vachindi till now in 2.5 years. ippudu home equity teesukuni manchivi emaina dorikite invest cheyali. Orlando lo best aa seattle best aa? ... | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13255 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Manallu Loudon county meeda paddaru, Prices tega penchuthunnaru. commute chala chiragga tayaru ayyindi. Fairfax county lo home prices peragadam ledu but commute thaggi living ki chala better anipistundi. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Vulcan Comedian Username: Vulcan Post Number: 1752 Registered: 03-2016 Posted From: 162.136.192.1 Rating: N/A |
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Emc2 Legend Username: Emc2 Post Number: 68377 Registered: 03-2008 Posted From: 71.126.165.211 Rating: N/A |
this is what i am thinking, correction untadi, but crash unlikely like 2008 scenario | ||
Saarang Hero Username: Saarang Post Number: 17377 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
We can never say never but i think a crash unlikely in the next 2 years...there can be corrections in some markets. | ||
Saarang Hero Username: Saarang Post Number: 17376 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Don't think they will go up crazy high may be 1% max increase over next year. | ||
Emc2 Legend Username: Emc2 Post Number: 68376 Registered: 03-2008 Posted From: 71.126.165.211 Rating: N/A |
are we heading to another crash or down housing market? | ||
Siloan Legend Username: Siloan Post Number: 54353 Registered: 03-2008 Posted From: 132.174.20.41 Rating: N/A |
interest rates sangatenti..asalike 5 armu | ||
Saarang Hero Username: Saarang Post Number: 17375 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Yes, but like anything else its not as difficult as it sounds once you are into it and get comfortable with it. I got into it during the lows so it was easier. There are lots of people that keep adding 2 or 3 properties per year with a decent job. I know one guy that's nearly my age but owns 100s of properties. That's definitely tough but doable if you can get banks comfortable in lending to you. http://suneetdiwan.com/ At only eighteen years of age, Suneet Diwan purchased his first apartment building. This purchase put Mr. Diwan one step closer to realizing his lifelong dream of becoming an entrepreneur and real-estate investor. And this was just the beginning. In 2010, Mr. Diwan founded Drexel Investments. The company invests in rental properties throughout the Pacific Northwest and Alaska. Mr. Diwan currently owns and manages several hundred properties including hotels, office parks, apartment buildings, undeveloped land, and single-family homes. | ||
Shikari Megastar Username: Shikari Post Number: 25321 Registered: 03-2010 Posted From: 196.52.34.19 Rating: |
yes..Saarang is Sobhanbabu of Seattle http://i.imgur.com/eUYcc.gif | ||
Vulcan Comedian Username: Vulcan Post Number: 1750 Registered: 03-2016 Posted From: 162.136.192.1 Rating: N/A |
am i reading this right? u've been selling/trying to sell multiple homes? | ||
Saarang Hero Username: Saarang Post Number: 17374 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Rents are dropping significantly across the Seattle area for the first time this decade, as a flood of new construction has left apartments sitting empty in Seattle's hottest neighborhoods. The average rent across King and Snohomish counties dipped 2.9 percent in December compared with the prior quarter, according to a new quarterly landlord survey by Apartment Insights/RealData. Rents sometimes drop by a few bucks this time of year. But the latest quarterly drop is the biggest this decade by far, and amounted to a savings of about $50 a month for the average renter across the region. Developers and banks that lend money for new construction have taken notice of the market cooling. While tons of new buildings are already approved or under construction now, the pipeline for future projects that exist only on paper is shrinking. Greg Smith, CEO of developer Urban Visions, said he just turned down an offer to build a new high-rise because construction costs have risen so much and rents are no longer keeping pace. "New projects don't make sense — they don't pencil" out, Smith said. "Most banks are aware of that now and are very, very cautious about the amount of debt they'll put on a property. There's definitely a change that has occurred. Some fellow developers are stepping back and saying, 'I'm not developing now.' " Katie Zacharkiw said she just signed a new lease Wednesday, and got the first apartment she looked at. "I ended up at a one-bedroom in Wallingford for $1,400 month, which I'm still a bit shocked about," she said, noting she expected to pay $1,500. Seattle remains among the most expensive places in the country to rent. The average rent across all unit types is $2,330 in downtown Seattle, $2,180 in West Bellevue, $2,120 in South Lake Union and $2,050 in Belltown, according to Apartment Insights/RealData. | ||
Linkmaster Legend Username: Linkmaster Post Number: 58660 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
same here... so far 3, 2 more to go, but going for one new | ||
Emc2 Legend Username: Emc2 Post Number: 68375 Registered: 03-2008 Posted From: 71.126.165.211 Rating: N/A |
ma daggara prices are stable and inventory is also stable Arlington and fairfax county fewer new homes, Arlington county hoes are run downs and new homes,fairfax county new homes with 2% growth loudon county lot of new homes but commute suks.. | ||
Saarang Hero Username: Saarang Post Number: 17373 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
No, have been selling for more than an year. | ||
Sesani Legend Username: Sesani Post Number: 57736 Registered: 08-2014 Posted From: 108.171.131.187 Rating: N/A |
hmmm.. maaku quite opposite undi in NJ... inventory is less maa kaada... pulic kotteskuntunnaru in Desi hubs... | ||
Linkmaster Legend Username: Linkmaster Post Number: 58659 Registered: 02-2008 Posted From: 149.128.8.245 Rating: N/A |
Its on the rampage ... sarang, any new purchase ? | ||
Saarang Hero Username: Saarang Post Number: 17372 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
Very interesting trend...rents going down as a lot supply has come in. Home prices leads the nation for 17th month in a row. It will be interesting to see how long this divergence can sustain...eventually both are tied to each other. https://www.geekwire.com/2018/seattle-home-price-gains-lead- nation-17th-month-row/ Data released by the Northwest Multiple Listing Service earlier this month shows the median price for a home in Seattle jumped to $777,000 in February, up $20,000 from a record set in January. Across Lake Washington on the Eastside, the median price is inching closer to $1 million, with prices now at $950,000. Seattle’s annual price gains more than double the national average of 6.2 percent. High demand and low inventory are responsible for home price hikes across the country, Case-Shiller says. |
