how about this investment

100k bought,all borrowed from HELOC
HOA yealy $2318.00
PRoperty: $1875.00
Maintain: $ 600.00
Heloc interest $4000.00
Rent $990*12*0.9 = 10692

Net income: 1899.80

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I know it is not a good one, but want to know how bad it is -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (7 bytes) () 06/01/2010 postreply 17:37:51

这个价钱这样开销。租金最少得达到千一二才可以。俺摆公 -MrsKwok- 给 MrsKwok 发送悄悄话 (36 bytes) () 06/01/2010 postreply 21:25:18

Which cost is too high? -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (37 bytes) () 06/01/2010 postreply 23:19:32

买太贵租太低..管理费高也不是买方能有办法的.老大说得极对. -MrsKwok- 给 MrsKwok 发送悄悄话 (26 bytes) () 06/02/2010 postreply 09:22:43

This is the lowest price for this property of this area -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (53 bytes) () 06/02/2010 postreply 10:44:57

理解.所以房产投资是有区域性的.有的适合长期持有.有的只能等升值了... -MrsKwok- 给 MrsKwok 发送悄悄话 (0 bytes) () 06/02/2010 postreply 10:52:13

you got nothing after paying home insurance. Am I right? -皇爷- 给 皇爷 发送悄悄话 (0 bytes) () 06/01/2010 postreply 17:45:00

No. HOA covers the insurance. -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (90 bytes) () 06/01/2010 postreply 17:48:28

TO me, it is OK if you can make money. -皇爷- 给 皇爷 发送悄悄话 (0 bytes) () 06/01/2010 postreply 19:26:19

you want to have some type of liability coverage... -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (89 bytes) () 06/01/2010 postreply 17:54:34

thinking about umbrella policy -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (248 bytes) () 06/01/2010 postreply 18:05:37

if you intend to flip, HELOC be fine. but if you intend to keep -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (1247 bytes) () 06/01/2010 postreply 22:12:39

not good at investment -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (184 bytes) () 06/01/2010 postreply 23:24:27

Thanks. -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (146 bytes) () 06/01/2010 postreply 23:32:08

Invest in RE is buying yourself a job... -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (1321 bytes) () 06/02/2010 postreply 00:07:17

看了头两行已经要昏倒了。600刀维修是远远不够的。 -borisg- 给 borisg 发送悄悄话 borisg 的博客首页 (0 bytes) () 06/01/2010 postreply 19:30:26

The margin is really thin here -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (341 bytes) () 06/01/2010 postreply 19:52:20

This is a quite new property -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (329 bytes) () 06/01/2010 postreply 23:18:04

You are take $100k risk to make minimum wage. -planotx- 给 planotx 发送悄悄话 (0 bytes) () 06/02/2010 postreply 06:49:54

LOL, guess the title of being a landlord is priceless. :-) -朱88- 给 朱88 发送悄悄话 (0 bytes) () 06/02/2010 postreply 08:23:46

Better than nothing, i guess. -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (95 bytes) () 06/02/2010 postreply 09:15:32

The main problem is the risk. -planotx- 给 planotx 发送悄悄话 (479 bytes) () 06/02/2010 postreply 10:11:28

The property is already >50% less than the peak price -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (25 bytes) () 06/02/2010 postreply 10:42:18

it is about market value, not peak price. -planotx- 给 planotx 发送悄悄话 (285 bytes) () 06/02/2010 postreply 11:07:18

comparing yours to 半月湾里的月亮's investment -planotx- 给 planotx 发送悄悄话 (437 bytes) () 06/02/2010 postreply 11:20:48

? -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (486 bytes) () 06/02/2010 postreply 12:13:07

So you did not give the whole picture. -planotx- 给 planotx 发送悄悄话 (324 bytes) () 06/02/2010 postreply 13:26:12

Need to sell stocks, but don't want to. -Tea-Rose- 给 Tea-Rose 发送悄悄话 Tea-Rose 的博客首页 (0 bytes) () 06/02/2010 postreply 13:59:34

回复:how about this investment -blocked- 给 blocked 发送悄悄话 (139 bytes) () 06/02/2010 postreply 08:26:37

Thanks for sharing. -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (519 bytes) () 06/02/2010 postreply 18:58:15

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