r2i forum

Simply does not matter whether Joe wins those states or not. Nobody will remember it in March 2021 or 2022. Joe Biden has to be around till electors cast votes in December. After that he is President followed by Kamala if something happens to him, all the rest is for statistics. Courts cannot ...

[QUOTE=layman;721952] I am not looking at rental RE as retirement vehicle but just a diversification of assets.[/QUOTE] Yes, I would have kept mine for diversification too if it was in the same state. If rent is 120 times value, you will make money. Generally hard to get that kind of rent, but ...

[QUOTE=techynt;721950]Job income is best. Imagine getting paid 100k-150k after taxes working from home with no risk while your money invested in stock market is also going gang busters. I would be happy to pay 55% in taxes if my income from job is $500k :) Having to manage 6 tenants/homes to ...

[QUOTE=SAPPRO;721831] A new house I bought for 270k in 2005 - appreciated to 350k (not much, it is OK) -PITI 1400 - Rent - 2300 - Net $700 per month with 1 month vacancy [/QUOTE] Your rent to property value (at which you bought it, not current price) is very good. Generally 120 times rent for the ...

[QUOTE=SAPPRO;721944] I am trying to remove both of these monsters by reducing taxes to zero with UNEARNED income and moving to a low cost area.[/QUOTE] You do have a point. There is a definite tax advantage with rentals. Five rentals is 30-35k tax free for good 27 years. With dividends you can ...

[QUOTE=dixit;721928]For every successful RE story, there is an equal number (if not more) failures. If anyone is planning to put their retirement success to these rosy RE investments, they should spend some time researching the other side online. One of my cousin bought a rental property in Mobile ...

Don't know why BJP supporters feel Biden/Harris election is a negative for India.. India is a non-event for the new Administration, there are so many other priorities. India will largely be ignored, and perhaps the Trump sanctions will be removed after some time ( a net positive). Once in a while ...

Interesting discussion.. I guess rental over long term like buying a business could beat markets. I was just doing some calculation and 20k growing at 5.5% returns 100k over 30 years. So basically renting a 100k property by putting down 20k, where rent will cover all expenses over 30 years is a 5.5 ...

[QUOTE=cmk786;721867]I have very little knowledge of politics. But whatever I have seen so far that Trump is doing lately looks very scary and dangerous to America and to the rest of the world as well in case he wins the battle by hook or by crook. Now he is after changing the whole government and ...

[QUOTE=vasu123;690749] Does sbi allow dollars check from usa ( is it regular check book that we use in usa or any seperate international related check).[/QUOTE] Yes most big Indian banks will accept US checks from any US bank. It is slightly faster if the Indian bank branch has a forex department (I ...