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Ipc302
Moderator Username: Ipc302
Post Number: 10666 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 09:23 pm: |
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Entikaburlu:i remember you said you are in irwington right, will look into it. most important thing for this type of business is being handy, so that you can fix minor repairs yourself. so first i should take a few Home Depot classes in summer.
yeah you should at least have an idea as to what and how to repair or how much things cost otherwise contractors will rip you off |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2986 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 09:08 pm: |
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Ipc302:
i remember you said you are in irwington right, will look into it. most important thing for this type of business is being handy, so that you can fix minor repairs yourself. so first i should take a few Home Depot classes in summer. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10665 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 09:03 pm: |
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Entikaburlu:usually it is. every one knows med students live on loans, so you do not see this kind of stuff in that area.
lot of families with kids live here...
Entikaburlu: oh! if you pay the utils, he is minting money! I think I should look into this!!
utilities come up to about 200 dollars for the entire house...not bad at all u should try this definitely my landlord has a cushy job as a director of MRI , ct scan or something in URMC...ayina sare musalodu kanjoos makkichoos type....every penny cent daggara beram aadathadu... |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2985 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:56 pm: |
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Ipc302:mostly 150k around ani annaru chala mandhi...the house that i live has been renovated last year with energy saving facilities... also we pay for the utilities including electricity and cable...not sure about heat though my current landlord has nearly 5 or 6 such houses...recently he flipped another house and is planning to rent int he same neighborhood...
oh! if you pay the utils, he is minting money! I think I should look into this!! Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2984 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:54 pm: |
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Ipc302:nope... finished phd and doing research
fantastic!! URMC is a great research school. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2983 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:54 pm: |
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Ipc302:it was a very safe neighborhood
usually it is. every one knows med students live on loans, so you do not see this kind of stuff in that area. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10664 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:51 pm: |
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Entikaburlu:must be jealousy. sad for him.
possibly somebody was trying to steal the vehicle...its only 6 months old people said it was a very safe neighborhood |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10663 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:49 pm: |
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Entikaburlu:
nope... finished phd and doing research |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10662 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:49 pm: |
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Entikaburlu:3100 * 12 = 36000, he must be netting about 25K after utils and insurance. being a 5 bedroom house, it must be about 240K in that area. Taxes would be about 4K, motgage would be 1200 pm. he must be grossing about 12K p.a.
mostly 150k around ani annaru chala mandhi...the house that i live has been renovated last year with energy saving facilities... also we pay for the utilities including electricity and cable...not sure about heat though my current landlord has nearly 5 or 6 such houses...recently he flipped another house and is planning to rent int he same neighborhood... as u said renting to students is the best option...also if somebody needs to save money they can buy a house and live in it during their study period....houses in university towns are very cheap...eg individual houses in waco were very cheap in the university area... |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2981 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:41 pm: |
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Ipc302:ninna rathri evado maa room mate kottha mercedes c300 car windows pagalkottadu...malla car lo emi dongalinchaledhu... pakkane unna naa RAV4 ni look kooda eyyale
are you a doc? Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2980 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:41 pm: |
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Ipc302:ninna rathri evado maa room mate kottha mercedes c300 car windows pagalkottadu...malla car lo emi dongalinchaledhu... pakkane unna naa RAV4 ni look kooda eyyale
must be jealousy. sad for him. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2979 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:38 pm: |
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Ipc302:i pay 600 for my room...the landlord makes 3100 for that house renting to 5 people
3100 * 12 = 36000, he must be netting about 25K after utils and insurance. being a 5 bedroom house, it must be about 240K in that area. Taxes would be about 4K, motgage would be 1200 pm. he must be grossing about 12K p.a. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10661 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:36 pm: |
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Entikaburlu:
ninna rathri evado maa room mate kottha mercedes c300 car windows pagalkottadu...malla car lo emi dongalinchaledhu... pakkane unna naa RAV4 ni look kooda eyyale |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10660 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:28 pm: |
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Entikaburlu:houses where you live, in white coat ghetto, will be in 80K range, how much do you pay rent?
i pay 600 for my room...the landlord makes 3100 for that house renting to 5 people |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2975 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:22 pm: |
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Ipc302:i have not eaten in this one yet...will give a try sometime soon
houses where you live, in white coat ghetto, will be in 80K range, how much do you pay rent? Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10659 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:18 pm: |
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Entikaburlu:Jefferson tandoor used to be ok, but have not been there in 6 months.
i have not eaten in this one yet...will give a try sometime soon |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2972 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:15 pm: |
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Ashton:Can we get landlord's insurance though in case they trash the place???? I bet it's expensive though...
Like I said, this is not in my plans, so do not know the details. Rochester is highly suited for this. Great/fantastic schools (U of R, their Med School, Simon, RIT, SUNY Geneseo and other Suny campuses) Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2971 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:12 pm: |
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Ipc302:mana oorlo indian restaurants too worst andi....bombay chaat house is OK rest all junkest of junk...na zindagi lo ilanti restaurants choodaledhu
avunu. sad scene. keep the food quality aside, the operators, just do not run the place with passion. I have trouble patronizing such places. Jefferson tandoor used to be ok, but have not been there in 6 months. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Ipc302
Moderator Username: Ipc302
Post Number: 10658 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:10 pm: |
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Entikaburlu:
mana oorlo indian restaurants too worst andi....bombay chaat house is OK rest all junkest of junk...na zindagi lo ilanti restaurants choodaledhu |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1651 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:10 pm: |
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duniya eppud untado... eppud matash antado... inka 40-50k * 10 houses paisal unte... go to a world trip before the bhookampam or volcano comes... u never know |
   
Ashton
Hero Username: Ashton
Post Number: 13389 Registered: 05-2008 Posted From: 205.234.140.219
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:08 pm: |
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Entikaburlu:
Can we get landlord's insurance though in case they trash the place???? I bet it's expensive though... |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1650 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:07 pm: |
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Entikaburlu:we want a just Dosai chain.
when i was in virginia edo undedi... but yes here we have dosa hut - dosa place - dosa biryani etc... and couple of them at multiple locations... |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2968 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:05 pm: |
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Moodu_mukkalu:ma bay area la masthuga unnai.... dosa + biryani = super sale
east coast la levu. we want a just Dosai chain. 3 or 4 types of dosai. nothing else. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2967 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:03 pm: |
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Ashton:renting to students is not a problem, but we gotta think about long term plan where we don't have to worry much about keeping the apt empty without any renters.....
perhaps you do not have college going kids yet.. but the college rent is all paid in one amount upfront for each term. only full amt paid for the term, they sign the contract. usually each student lives for 6 semesters, first two they ahve to stay in the dorm. of all the renters, students should be the best. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1649 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:02 pm: |
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Entikaburlu:
ma bay area la masthuga unnai.... dosa + biryani = super sale |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2966 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:00 pm: |
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idantha enduku - start a Dosai chain. I can see 4 burners - one each for aloo curry, chicken mince curry, turkey mince curry, and sambar. on the right i see a bank of freezers. in the front i see a big electric pan where you can make 8 dosais simultaneously. i see a setup similar to panera bread. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1648 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 08:00 pm: |
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Padmasri:enduku laytu
adi oka product idea.... basically one place to manage ur contact info anna maata... |
   
Ashton
Hero Username: Ashton
Post Number: 13388 Registered: 05-2008 Posted From: 205.234.140.219
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:58 pm: |
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Entikaburlu:focus on good professional college towns. find apartments that are close to these universities where students can rent. it will work out fine. some parents i know are buying the house/apartment for their child to live while they go to the college. I have not checked the math, but may work out fine. RE prices depend on the location, i would start with where you live first. for apartments, nowadays, the down payment is atleast 30%, so you need cash.
The whole problem is I'm worried about the deadbeat renters who refuse to pay the rent or who vacate the place after several months for high rental costs? renting to students is not a problem, but we gotta think about long term plan where we don't have to worry much about keeping the apt empty without any renters.....In section housing plan, it's a gauranteed rental income in contrast to what you are talking about.. |
   
Padmasri
Junior Artist Username: Padmasri
Post Number: 885 Registered: 10-2011 Posted From: 72.101.169.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:58 pm: |
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Moodu_mukkalu:na daggara oka idea vundhi
enduku laytu |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2965 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:57 pm: |
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Moodu_mukkalu:apartments maintenance tho jagarattaga undali emo... students ante...
agreed. but insurance should cover most of the damage. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1647 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:55 pm: |
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apartments maintenance tho jagarattaga undali emo... students ante... |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 2963 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:50 pm: |
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Sounds good, but sounds too exploitative to me. this is how i will redesign the plan: focus on good professional college towns. find apartments that are close to these universities where students can rent. it will work out fine. some parents i know are buying the house/apartment for their child to live while they go to the college. I have not checked the math, but may work out fine. RE prices depend on the location, i would start with where you live first. for apartments, nowadays, the down payment is atleast 30%, so you need cash. Jim Gray * Rajiv Motwani * Ilya Zhitomirskiy |
   
Moodu_mukkalu
Comedian Username: Moodu_mukkalu
Post Number: 1645 Registered: 12-2010 Posted From: 99.111.72.15
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:49 pm: |
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na daggara oka idea vundhi |
   
Ashton
Hero Username: Ashton
Post Number: 13387 Registered: 05-2008 Posted From: 205.234.140.219
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:49 pm: |
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Padmasri:ninna edhoo adbhutamaina business idea vundhi neek isthanu free free free annav idhenaaa nee dumpa thega
not this one... |
   
Padmasri
Junior Artist Username: Padmasri
Post Number: 881 Registered: 10-2011 Posted From: 72.101.169.200
Rating:  Votes: 1 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:49 pm: |
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ninna edhoo adbhutamaina business idea vundhi neek isthanu free free free annav idhenaaa nee dumpa thega
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Ashton
Hero Username: Ashton
Post Number: 13386 Registered: 05-2008 Posted From: 205.234.140.219
Rating: N/A Votes: 0 (Vote!) | | Posted on Sunday, November 20, 2011 - 07:45 pm: |
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planning on buying some cheap apartments for around 30k-40k and rent it to section-8 people so that we don't have to worry much about the monthly rent as it is subsidized by the govt...Also we get low income housing tax credit... What do you think about this idea bro? |