Nice video guys. You missed electricity bill difference between 2bhk rented house 1000 square feet vs own town house 1700 to 2000 square feet. Some of friends are paying 600$ electricity bill for his own town house monthly.
Useful information for new home buyers..one thing to point out here..with the new tax law, there is no real advantage of taking tax benefit because of the higher standard deduction if you are filing married jointly..
one more mistake anna. property tax is not on the list price of property, its on the assessment price which will be typically lesser than the house value,
It’s well explained but taxes on property tax will not make $6000 savings in 5 years . Since standard deduction is high , it’s very tough to itemize the tax deduction unless we do charity . Hardly home owner who use house as residence will credit $500 an year on tax. It’s $2500 approx. my suggestion on house buying strategy is at-least 15% down payment and shop interest rate between 2.5 to 3.5, so principal payment on house($200k) in 5 years is $78000 + $2500 tax deduction . So you can build equity up to $50k without any appreciation. Extra benefit for H4 who continues higher studies in community college will save tuition fee with in district tuition fee
நல்ல முயற்சி. But, there are lots of differences in the numbers you provided depending on where in the US you live. In Bay area or LA or NY minimum rent in a good neighborhood is 2800 and home prices start from 600k even for a condo. It's better to clarify which part of US you are living to add context to your numbers.
Without any educational pride , professional pride you are talking and giving many informations. Children, I wish you all the best wish you long happy life.
@arthiprem This is the Classical Mistake everyone does when running the numbers in the process of buying the home. The Own-House expense should also include PMI insurance since your down-payment is only 5%. If DownPayment is 20%, then PMI Insurance is not applicable. Please include PMI insurance in your Own-House Expenses. Also, you didn't include Own-House Maintenance Expenses (like Heater A/C, Roof, Sewage, Sink breakages & Handy Man cost). So, you will also need to include atleast 1% for Maintenance Cost in Own-House Expenses. Then the Opportunity Cost. In Rent, you are paying $1300. As Mortgage payment in $1700. So, the difference is $400 per month/$4800per year/$24,000 for 5 years. If you would have invested this $$ difference in a safe Stock Market Broad Index Fund, you will get 7% avg returns. So, it would have earned $8000 market gain. Adding to the opportunity Cost, is the down payment of 5%, $10k for $200k home. Adding this $10k also counts for opportunity cost. If you have investing this $10k in Index Fund (VTI) for 5 years, it would have grown to $3k to $4k in gains. Then, when you buy a house for $200k, you will also need to pay lot of different Add-On Buying Costs like Inspecting Fees, Buying Cost, etc.. which alone comes to $8k to $10k. and then, buying all appliances for new home, comes to $5k. So, in the end, Renting always Triumphs over owning home for 5 to 10 years. And also, Home Price appreciation $$ very uncertain. It depends on the Housing Market, Demand/Supply, Neighborhood, Jon opportunities, Location etc.. It can also depreciate like 2008-09 housing market crash. Please read the below Blog Post for experiences of Real Home Owners in US. Read all the Addendums URL links as well. jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/ This will be an eye opener. In short, buying a house is a big gamble(if you are in H1b) and its a terrible investment & poor returns.
Again the same issue will be there when we invest in shares .. now everyone lost more than 50% of the investments .. risk is there for every investments Short term stay definitely own home is not the good option But long term definitely its worth .. we are paying more money in own house since we are living in more space and also when we are leaving after long term there will be returns whereas none from rental house If we are living with families and kids .. own house will definitely give the nice environment for the kids and us too...
Well said. Renting a home will always come out ahead than owning a home - purely from financial perspective. But owning a home gives emotional strength. Something to look forward to improve upon - like paint, decoration, gardening etc - a break from otherwise monotonous life. No one should be buying a home thinking that it is an investment or it is better than renting.
Investment Insights true .. valid points Also here most of us thinking we have to save and leave the country when we start the us life but only 1% will leave after some years .. remaining people will be here forever and later they regret about renting the home... as you when we own the home here it will give the mental strength and it will allow us to explore more things
Hi Karthikeyan... You are right.. Excellent analysis.. Not sure why people wants to lock their asset in home.. In India owing house is emotional and people try to implement the same in US.. Here nobody's care Even if you have bigger house or smaller house and even the person who buys don't care about it in couple of months like buying a new car and moreover if you are H1🤔job is uncertain and and handling the mental pressure is really hard thing
Investments in stock market or MFs is also like gambling. Stock market, due to intra day traders, has become a gambling field with wild fluctuations. It is a game of two fools. Gain of one trader is the loss of another. Of course, you have brought out a number of issues to be considered before venturing into investing on a house.
Yes bro Hourly contractor will be paid only for the hours which they have worked Also the other way is true say if they work for 50 hours in a week and they will get more salary then usual .... all depends on the time
@@ArthiPrem thanks for your response bro. again 2 yes or no questions bro, please. 1.In India we get a monthly salary with a paid week off right?. So it's not like that in USA right its depends on how many hours we worked for a month or week, is it? even though we have H1B. it is not a full-time or fixed salary for a month is it? 2. 30% tax detection from salary is it true? if so na Chennai la ye irunthuren. LOL thanks in advance bro. you doing a great job. thanks for that again bro
தம்பி, ரெண்டு மூணு முக்கியமான விஷயங்களை விட்டுட்டீங்க. ஒண்ணு mortgage insurance. அதை escrow ல மாதாமாதம் கட்டணும். இன்னொண்ணு, tax ல வீடு depreciation காட்டலாம். நீங்க சொந்தமா tax file பண்ணினீங்கன்னா அதை சரியா காட்டமுடியாது. ஒரு paid professional இடம் tax செய்தால் சரியாக சொல்லுவார். இது எல்லாத்துக்கும் மேல வீடு equity build பண்ணும். சரியான மார்க்கெட்ல வாங்கினீங்கன்னா உதாரணத்துக்கு 200,000 ல வாங்கின வீடு 250,000 த்துக்கு வித்தா ஐம்பதாயிரம் லாபம் இல்லையா...(of course you have to subtract maintenance and realtor costs)
Hi bro Thank u.. in my experience anything is fine.. i have researched the mortgage loan to both banks and agents and ended up with the agent due to good closing costs and less interest.. the other way also happens So it depends.. my advice is check in the market more before finalize
Bro na usa varanum bro step step explain pannuga food delivery pannura job epadi 1 st step Ena the used delivery bike price and app details then how much salaries gain panna mudiyum bro total cost evlavu erutha ok bro
Thanks for the video, it's informative. One question, in the calculation of selling scenario I think you haven't included the down payment while calculating PnL. The total spent on the house will be 272130 if you would have included down payment. Please correct me if I'm wrong. Thanks again.
How did i miss it 😞😞 sorry my bad Kudos to pointed it out correctly 👏👏👏 yes you are correct I should add down payment too... thanks for your comments so viewers can calculate it properly 🙌🙌
Good information guys👍Appreciate your efforts in doing research and articulating in a way that reaches to the people 👌Keep giving more on this subject . Thanks
Agreed sister and also if we flip the coin on another side to invest into the right assets when its low it will be useful Yes its all depends on the individuals
but why do you want a sell an Asset of 2 lac dollars after a decade or 2 decades? definitely there will be depreciation right! as u had mentioned for 2lac dollars your down payment is 5% that is 10K$ ... so you will get a loan of 1.9lac dollars to be repaid in 15 years so if you calculate the interest part it comes to some 3 lac dollars for 15 years and all..( so when will you be actualy clearing)? secondly your children's education... once they go to a college by 16 or 17 years again you will be going for education loan right. ( so just like in India you have to keep paying house laon and education loan till you retire or you can finish it fast). I hear from my students who buy houses in the U. S that every 5 years they have to completey refurnish the house is it true?
US V2la irukara postbox patri kojam sollu ga,Namakuu post vanthucheena Post box la ethu oru lever mari irukuu ma athata position & athula yepadi namakuu post vanthu irkunu identify pandrathuu??
That lever is red flag. When going on a vacation, if you lift the lever, it will indicate the post man not to deliver any mail. So that your mails will not be in a risk of getting lost. Once back you can lower it. The only way to check if there is any mail is by opening the box and check.
Can u also pleas tell about if we are paying some amount like 30000 towards principal will it be good to reduce PMI or will it increase tax .. can u please explain that thanks
Always more down payment will reduce the Interest and PMI Usually PMI applies only if we are not paying 20% down payment But tax is paying for the house total price Nothing related with the down payment
Hi bro... Again and again I was searching for words... Awesome topic... Oru chinna kuzhadai kku puriyara madhiri explain panneenga ... Great work... Definitely you guys going to reach million subscribers very soon...
nice video with good inputs.. you could have talked about Mortgage prepayment penalty, capital gain taxes, personal mortgage insurance when you pay less than 20% initial down payment, HOA fee -- these all are our expenses. Also as per your calculation, the initial down pay 5% should not be included in the profit.
Hi bro/sis, Abroad study & student visa, hostel & rental house, cost and living & daily expenses evlo aagumnu sollunga & student visa eththana years ku permit pannuvanga, padichu mudichu angaye job search panna mudiyuma. Ithukku oru video potta rempa usefull'ah irukkum.thanks
Hi, this is awesome info. Can you please explain, I am on H1B visa and what happens if I need to go back due to some visa issues. Is there a way to give the house to some rental companies for them to take care? Or is the only way is to sell the house? Thank you for your time and for all the good work you do. 😍😍
Great question!!! Its up to you... if you are sure that you are going for short term you can lease it out.. if some big visa issues and not sure about the return better to sell it... else it end up with spend extra money...
So informative and helpful, we r looking for this information exactly. Pls tell me how to choose location and how safety also trusted websites to find a house
Educative and fine in broader sense. What about varying costs - Location (city), independant house - plinth area, open ground for gardening, etc. Garage; flat in multi- storeyed bldgs., facilities around like fuel pumps, malls, public conveyance, etc., etc.
Nice Video Nanba & Sister. Thanks! Pls make a video on cost of living in US (diff states...eg, CA, TX, NJ etc), buying car, monthly utility cost, savings, wire transfer of money to india. you both are sharing lot of tips/info and quite useful to all. Thanks again.
Thank you for the video.That was very informative. Waiting for the continuation of the topic! I need you to include this question in your next video- is that ok for us to search home in zillow, Realtor.com,Trulia or directly contact the home realtors to know information about homes.Anyways thank you guys for considering my question in the previous video! Keep Going!
Arthiprem as she commented can we just search in Zillow kind of websites and contact the seller directly? Or do we need to bring in agents? Will agents help in negotiating?? I see many Indians use agentts/ Realtors..what is your opinion??
Raja Sekar bro its depends on the individuals... some people prefer cold weather and some doesn’t accordingly they will select and most important job opportunity
Good video. However, you do not take into consideration the additional growth the renter sees if he/she invests the delta between rent and EMI into diversified stocks+bonds portfolio. That tips the balance heavily in favor of the renter.
Yes sister legally we can buy house while in student visa But due to the changes in the visa processing and immigration now students are avoiding to buy house till their getting H1B visa
Hi bro, We too in Minnesota, we ll stay here for another 1.5 years, we planned to buy a car. Instead of renting the car. Here monthly rent is around 600 dollars. In this situation is this best idea to buy a car? Can we resell it for best price while leaving?
Good question bro ... usually home will appreciates and car will depreciates ... definitely car is not the investment whereas home is an investment.. some of my friends are going for lease the car instead of buying the new car... if u want the luxury u can buy a new car, if u consider the savings and budget definitely u can think about the option of buying second hand car or leasing the car
Is investing in house is right at this suitation sis,v r here for past 7 yrs so v had a plan of investing in house but after Corona things changed a lot so v r little scared to invest here plz give us some suggestions
அமெரிக்காவில் வீடு வாங்க தெரிஞ்சிக்க வேண்டிய 5 விசயங்கள் part 2 video 👇👇👇👇
th-cam.com/video/NyF-n2OXse8/w-d-xo.html
In the world India is the best place to live. Our culture and heritage precious. I love chennai
Nice video guys. You missed electricity bill difference between 2bhk rented house 1000 square feet vs own town house 1700 to 2000 square feet. Some of friends are paying 600$ electricity bill for his own town house monthly.
Good job 👏 Good to invest your valuable time to others 👍 sema knowledge paa Prem 👏👏
Thanks again sister 🙏🙏
Your message is always make me happy 😊😊
Good job Prem and Arthi ! - All India Talkies (GrshGreen)
Thanks bro .. your reviews videos are awesome... 👏👏👏
@@ArthiPrem Thanks a lot for checking out bro ..
Very useful. Good work Arthi and Prem
Thanks bro🙏
Nice information ..waiting for part 2
Thanks bro👍
Useful information for new home buyers..one thing to point out here..with the new tax law, there is no real advantage of taking tax benefit because of the higher standard deduction if you are filing married jointly..
Thanks for the information bro👍
Abraham lincoln as abdul kalama😍😁😄 tat moment will always be there in our life
Good calculation. I think your profit is 35K instead of 45k . Because you didn't minus your down payment.
Thank you bro 🙏
one more mistake anna. property tax is not on the list price of property, its on the assessment price which will be typically lesser than the house value,
It’s well explained but taxes on property tax will not make $6000 savings in 5 years . Since standard deduction is high , it’s very tough to itemize the tax deduction unless we do charity . Hardly home owner who use house as residence will credit $500 an year on tax. It’s $2500 approx. my suggestion on house buying strategy is at-least 15% down payment and shop interest rate between 2.5 to 3.5, so principal payment on house($200k) in 5 years is $78000 + $2500 tax deduction . So you can build equity up to $50k without any appreciation. Extra benefit for H4 who continues higher studies in community college will save tuition fee with in district tuition fee
Thanks much sago... your comments are very helpful for the viewers .. Good strategy🙌🙌
Thanks again to make this forum as more helpful to the viewers
Usefull information Arthi prem
Thanks jayandhi😍
Awesome... Very clearly well explained!!! Thanks
Thanks sis🙏
Useful information sister👍 waiting for next video
Thanks sis😍
Very useful. Nicely explained in simple terms. All the best.
Thanks bro🙏
Superb guys totally different explanation, 👍👍👍👍👍
Kalai Vani
Thanks sis😊
Wow, thanks for the quick response, did not expect this video to come sooo soon!
Bro the picture u worked out is not seen ... maybe add in a separate link pls
Thank you so much arthi prem wonderful information
நல்ல முயற்சி. But, there are lots of differences in the numbers you provided depending on where in the US you live. In Bay area or LA or NY minimum rent in a good neighborhood is 2800 and home prices start from 600k even for a condo. It's better to clarify which part of US you are living to add context to your numbers.
Yes true bro... sorry we could have detailed more ... definitely will improve in the coming videos 👍👍
Ninga nala irukkanum society munera vazhgha valargha velgha
நான் எதிர்பார்த்த விஷயத்தை தெளிவாக விளக்கிய best youtube channel 👊😉 thanks brother...
Super answer to America s life
Hey guys.. good explanations about own house vs rental house.
Without any educational pride , professional pride you are talking and giving many informations. Children, I wish you all the best wish you long happy life.
Thanks aunty for ur blessings😍🙏
@arthiprem This is the Classical Mistake everyone does when running the numbers in the process of buying the home.
The Own-House expense should also include PMI insurance since your down-payment is only 5%. If DownPayment is 20%, then PMI Insurance is not applicable.
Please include PMI insurance in your Own-House Expenses.
Also, you didn't include Own-House Maintenance Expenses (like Heater A/C, Roof, Sewage, Sink breakages & Handy Man cost). So, you will also need to include atleast 1% for Maintenance Cost in Own-House Expenses.
Then the Opportunity Cost. In Rent, you are paying $1300. As Mortgage payment in $1700. So, the difference is $400 per month/$4800per year/$24,000 for 5 years. If you would have invested this $$ difference in a safe Stock Market Broad Index Fund, you will get 7% avg returns. So, it would have earned $8000 market gain.
Adding to the opportunity Cost, is the down payment of 5%, $10k for $200k home. Adding this $10k also counts for opportunity cost. If you have investing this $10k in Index Fund (VTI) for 5 years, it would have grown to $3k to $4k in gains.
Then, when you buy a house for $200k, you will also need to pay lot of different Add-On Buying Costs like Inspecting Fees, Buying Cost, etc.. which alone comes to $8k to $10k.
and then, buying all appliances for new home, comes to $5k.
So, in the end, Renting always Triumphs over owning home for 5 to 10 years.
And also, Home Price appreciation $$ very uncertain. It depends on the Housing Market, Demand/Supply, Neighborhood, Jon opportunities, Location etc.. It can also depreciate like 2008-09 housing market crash.
Please read the below Blog Post for experiences of Real Home Owners in US. Read all the Addendums URL links as well.
jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/
This will be an eye opener.
In short, buying a house is a big gamble(if you are in H1b) and its a terrible investment & poor returns.
Again the same issue will be there when we invest in shares .. now everyone lost more than 50% of the investments .. risk is there for every investments
Short term stay definitely own home is not the good option
But long term definitely its worth .. we are paying more money in own house since we are living in more space and also when we are leaving after long term there will be returns whereas none from rental house
If we are living with families and kids .. own house will definitely give the nice environment for the kids and us too...
Well said. Renting a home will always come out ahead than owning a home - purely from financial perspective. But owning a home gives emotional strength. Something to look forward to improve upon - like paint, decoration, gardening etc - a break from otherwise monotonous life.
No one should be buying a home thinking that it is an investment or it is better than renting.
Investment Insights true .. valid points
Also here most of us thinking we have to save and leave the country when we start the us life but only 1% will leave after some years .. remaining people will be here forever and later they regret about renting the home... as you when we own the home here it will give the mental strength and it will allow us to explore more things
Hi Karthikeyan... You are right.. Excellent analysis.. Not sure why people wants to lock their asset in home.. In India owing house is emotional and people try to implement the same in US.. Here nobody's care Even if you have bigger house or smaller house and even the person who buys don't care about it in couple of months like buying a new car and moreover if you are H1🤔job is uncertain and and handling the mental pressure is really hard thing
Investments in stock market or MFs is also like gambling. Stock market, due to intra day traders, has become a gambling field with wild fluctuations. It is a game of two fools. Gain of one trader is the loss of another. Of course, you have brought out a number of issues to be considered before venturing into investing on a house.
Nalla video clarity but voice clarity improve panna nalla irukum 😓😓😓
Thanks bro,sure👍
Thank you so much for very useful topic🙏🏻🙏🏻🙏🏻
🙏
Very interesting topic.waiting for Long time
Soultan Ganie thank you sister 😊
👍👍👍🇺🇸pls explain more about new buyers
Super nice information ba
Thanks bro🙏
Bro. Hourly salary epdi monthly calculation panuvaga companies la.
Like
10$ per hour na.
30 days 8 hour so 240hrs
10*240 panuvagala or
Saturday sunday omit aairum ha?
Yes bro
Hourly contractor will be paid only for the hours which they have worked
Also the other way is true say if they work for 50 hours in a week and they will get more salary then usual .... all depends on the time
@@ArthiPrem thanks for your response bro. again 2 yes or no questions bro, please.
1.In India we get a monthly salary with a paid week off right?. So it's not like that in USA right its depends on how many hours we worked for a month or week, is it? even though we have H1B. it is not a full-time or fixed salary for a month is it?
2. 30% tax detection from salary is it true?
if so na Chennai la ye irunthuren. LOL
thanks in advance bro. you doing a great job. thanks for that again bro
தம்பி, ரெண்டு மூணு முக்கியமான விஷயங்களை விட்டுட்டீங்க. ஒண்ணு mortgage insurance. அதை escrow ல மாதாமாதம் கட்டணும். இன்னொண்ணு, tax ல வீடு depreciation காட்டலாம். நீங்க சொந்தமா tax file பண்ணினீங்கன்னா அதை சரியா காட்டமுடியாது. ஒரு paid professional இடம் tax செய்தால் சரியாக சொல்லுவார். இது எல்லாத்துக்கும் மேல வீடு equity build பண்ணும். சரியான மார்க்கெட்ல வாங்கினீங்கன்னா உதாரணத்துக்கு 200,000 ல வாங்கின வீடு 250,000 த்துக்கு வித்தா ஐம்பதாயிரம் லாபம் இல்லையா...(of course you have to subtract maintenance and realtor costs)
Very informative video ..thank u guys
Thanks🙏
Thanks for ur video...very clear and informative...one question what are ur recommdations for choosing bank Vs brokerage agents for loan
Hi bro
Thank u.. in my experience anything is fine.. i have researched the mortgage loan to both banks and agents and ended up with the agent due to good closing costs and less interest.. the other way also happens
So it depends.. my advice is check in the market more before finalize
@@ArthiPrem thank u. Another query is I saw that being a non citizen when u sell a property you need to pay 15% tax, is this true...
Bro na usa varanum bro step step explain pannuga food delivery pannura job epadi 1 st step Ena the used delivery bike price and app details then how much salaries gain panna mudiyum bro total cost evlavu erutha ok bro
Old house Vs brand new house yedhu best nu neenga neenaikuringa .
Anna usa la market down aa irukum bodhu house vangradhu best aa
Thanks for the video, it's informative. One question, in the calculation of selling scenario I think you haven't included the down payment while calculating PnL. The total spent on the house will be 272130 if you would have included down payment. Please correct me if I'm wrong. Thanks again.
How did i miss it 😞😞 sorry my bad
Kudos to pointed it out correctly 👏👏👏 yes you are correct I should add down payment too... thanks for your comments so viewers can calculate it properly 🙌🙌
@@ArthiPrem thanks for clarifying, please don't feel bad about it. Actually, we should appreciate your work. 🙂
Please share your ideas ... best place to buy the home in US for H1 holder. (IT employees)
Nice work guys keep it up..
Thanks🙏
Excellent explain thank you so much
RV King Tamil Nadu thanks for your comments 🙏🙏
very useful content. thank u so much.
Thanks bro🙏
Also, what if we are leaving US but instead of selling it, we leave it on rent, will it be sensible to cover the emi costs and other stuffs?
Hi sister
If u are not usa citizens and usa non resident
Then ur earnings are subjected to 30% tax
So it may not the profitable
@@ArthiPrem Makes sense... Thank you!
Anna, it also depends on which area and which city. bay area laam 1 million koranju you wont get a house.
True bro
Just for an example we picked some number
Nice!!!
Thanks sis😊
Good information guys👍Appreciate your efforts in doing research and articulating in a way that reaches to the people 👌Keep giving more on this subject . Thanks
Jay Biah thanks bro 🙏 definitely will do 👍👍
My only question is peace of mind for these 5 years is not guaranteed in case of critical times if selling price doesn’t increase afterall
Agreed sister and also if we flip the coin on another side to invest into the right assets when its low it will be useful
Yes its all depends on the individuals
Hi Arthi can you talk about the difference between town homes and single family homes
Hi sis,sure👍
In this current situation what happens h1b visa holder lose his job and wants to sell his property within 60 days ?
Following
Great job both of you ! Keep up the good work ! This will be excellent source of info for many many people
Thanks bro🙏
but why do you want a sell an Asset of 2 lac dollars after a decade or 2 decades?
definitely there will be depreciation right! as u had mentioned for 2lac dollars your down payment is 5% that is 10K$ ...
so you will get a loan of 1.9lac dollars to be repaid in 15 years so if you calculate the interest part it comes to some 3 lac dollars for 15 years and all..( so when will you be actualy clearing)?
secondly your children's education... once they go to a college by 16 or 17 years again you will be going for education loan right. ( so just like in India you have to keep paying house laon and education loan till you retire or you can finish it fast).
I hear from my students who buy houses in the U. S that every 5 years they have to completey refurnish the house is it true?
Oru ponnu separately vandhu America la work panna mudiuma or husband kuda varadhi dhaan safe ah 🙄
What is our necessary .we can plan.there is no profit and loss in life.
US V2la irukara postbox patri kojam sollu ga,Namakuu post vanthucheena Post box la ethu oru lever mari irukuu ma athata position & athula yepadi namakuu post vanthu irkunu identify pandrathuu??
Sago super question keetenga
I will add your question in our Q & A video 👍👍
@@ArthiPrem Tnx Akka✌🙌
That lever is red flag. When going on a vacation, if you lift the lever, it will indicate the post man not to deliver any mail. So that your mails will not be in a risk of getting lost. Once back you can lower it.
The only way to check if there is any mail is by opening the box and check.
Can u also pleas tell about if we are paying some amount like 30000 towards principal will it be good to reduce PMI or will it increase tax .. can u please explain that thanks
Always more down payment will reduce the Interest and PMI
Usually PMI applies only if we are not paying 20% down payment
But tax is paying for the house total price
Nothing related with the down payment
@@ArthiPrem thank you 😊
@@ArthiPrem 👍🥰
very nice informative video!
Thanks bro🙏
Hi bro... Again and again I was searching for words... Awesome topic... Oru chinna kuzhadai kku puriyara madhiri explain panneenga ... Great work... Definitely you guys going to reach million subscribers very soon...
Venkatesan Elumalai thanks bro
We need a very big heart to give the compliments to others
You have it thanks 🙏🙏🙏🙏
similar house buying guide in UK, expect Broker commission.
Wow.. seriously there is no broker commission ?? Here seller has to pay 6% as commission and each realtor will get 3% ☹️☹️
nice video with good inputs.. you could have talked about Mortgage prepayment penalty, capital gain taxes, personal mortgage insurance when you pay less than 20% initial down payment, HOA fee -- these all are our expenses. Also as per your calculation, the initial down pay 5% should not be included in the profit.
anna neenga irukurathu rental home or own house
Hi bro/sis,
Abroad study & student visa, hostel & rental house, cost and living & daily expenses evlo aagumnu sollunga & student visa eththana years ku permit pannuvanga, padichu mudichu angaye job search panna mudiyuma. Ithukku oru video potta rempa usefull'ah irukkum.thanks
Tax usa la naraya pay panrom adhuku legal qh kqmmi panna enna panlam bro... sister azhaga question kekureega
Sure sis adha pathi oru video podurom,thanks sis😍
Very informative. Appreciate your efforts on this. Feels like consulting with a good friend. Thank you so much.
Opjai thanks for your kind comments 😊😊😊
Hi Bro& Sis, that was a very useful video! Thanks! BTW do u guys own your own house or rental?
Hi, this is awesome info. Can you please explain, I am on H1B visa and what happens if I need to go back due to some visa issues. Is there a way to give the house to some rental companies for them to take care? Or is the only way is to sell the house? Thank you for your time and for all the good work you do. 😍😍
Great question!!!
Its up to you... if you are sure that you are going for short term you can lease it out.. if some big visa issues and not sure about the return better to sell it... else it end up with spend extra money...
So informative and helpful, we r looking for this information exactly. Pls tell me how to choose location and how safety also trusted websites to find a house
In USA, we live in Chicago
Definitely we will post in the next video sis👍
Can you explain abt visa vs oci card in a video ? And wht happens if Indian origin parents go to India with US
Citizen kid?
Sure sis👍
Nice information!!!
Thanks🙏
One word = CLARITY 😇👌
Thank u 😊😊
Educative and fine in broader sense. What about varying costs - Location (city), independant house - plinth area, open ground for gardening, etc. Garage; flat in multi- storeyed bldgs., facilities around like fuel pumps, malls, public conveyance, etc., etc.
Very usefull
🙏
Can u share ur opinion about the extension of h1b visa during this Corona outbreak
S plz
Useful information thnks
🙏
Nice Video Nanba & Sister. Thanks! Pls make a video on cost of living in US (diff states...eg, CA, TX, NJ etc), buying car, monthly utility cost, savings, wire transfer of money to india. you both are sharing lot of tips/info and quite useful to all. Thanks again.
Thanks bro,Yes sure definitely bro 🙌🙌
Thank you for the video.That was very informative. Waiting for the continuation of the topic! I need you to include this question in your next video- is that ok for us to search home in zillow, Realtor.com,Trulia or directly contact the home realtors to know information about homes.Anyways thank you guys for considering my question in the previous video! Keep Going!
Vaishalee Kirubakaran definitely sister 👍👍 as per our experience search your home in online and contact them is better
Arthi Prem Awesome thanks da!
Arthiprem as she commented can we just search in Zillow kind of websites and contact the seller directly? Or do we need to bring in agents? Will agents help in negotiating?? I see many Indians use agentts/ Realtors..what is your opinion??
When did u guys bought the house ...recently started watching ur videos ...keep rocking..nice to share these information
Vijaya Lakshmi Mani we bought it 3 years before
@@ArthiPrem thanks for sharing
அமெரிக்காவில் Green Card வாங்க நான்கு வழிகள் இருக்கு 👇👇👇👇
th-cam.com/video/GAcjtqiaxd0/w-d-xo.html
Do you know , which is the best place to settle and buy house in USA.
Raja Sekar bro its depends on the individuals... some people prefer cold weather and some doesn’t accordingly they will select and most important job opportunity
Arthi Prem ok got it, Thank you
really appreciate your intiative
Thanks🙏
Thank you
🙏
Can I buy home when I come during tourist visa. Further can I extend my visa based on my permanent home.
You can buy but cant extend based on home
Sir USA visa type pathi sollunga
LovELy RakEsH bro already adha pathi oru video poturukom bro,please check out that video
Good video. However, you do not take into consideration the additional growth the renter sees if he/she invests the delta between rent and EMI into diversified stocks+bonds portfolio. That tips the balance heavily in favor of the renter.
Yes agreed bro👍
One more point needs to consideration invest in stocks are having little bit market risk
Arthi and prem my hubby got the house when he is in his student visa da.that time he was in his f1.and it’s is in 2009
Yes sister legally we can buy house while in student visa
But due to the changes in the visa processing and immigration now students are avoiding to buy house till their getting H1B visa
Arthi Prem s your right at this situation anything can happen .we need to be ready for everything
Yeah I agreed,that’s why we mentioned it’s up to individuals..
Very nice
Thanks aunty🙏
Thanks Prem. Waiting for your next video. Does mortgage insurance apply if down payment is less than 20%?
Good question.. yes you can save mortage insurance around 100$ depends on the loan amount per month..
Without loan? (ready cash)
Hi bro,
We too in Minnesota, we ll stay here for another 1.5 years, we planned to buy a car. Instead of renting the car. Here monthly rent is around 600 dollars. In this situation is this best idea to buy a car? Can we resell it for best price while leaving?
Good question bro ... usually home will appreciates and car will depreciates ... definitely car is not the investment whereas home is an investment.. some of my friends are going for lease the car instead of buying the new car...
if u want the luxury u can buy a new car, if u consider the savings and budget definitely u can think about the option of buying second hand car or leasing the car
@@ArthiPrem thank you so much for the reply bro. We planned to buy a second hand car within 7000 dollar. Is that worth to resale?
Realtor இல்லாமல் வாங்க/விற்க முடியாதா?
Mudiyum bro
Hi can you explain about investment homes in US!! Thanks in advance 😊
I mean here in usa...?
How many years you been there prem bro..?
6plus years sis
Is investing in house is right at this suitation sis,v r here for past 7 yrs so v had a plan of investing in house but after Corona things changed a lot so v r little scared to invest here plz give us some suggestions
Pl talk loudly arthi
Sure bro👍
You guys r super❤️
Poky Nady thanks🙏
Do u have green card?
Hi Anna long time Nama Erugaratha erutha Ownen house ok va anna
Okay bro,it’s up to ur decisions
is there a tax credit for Property tax ?, the tax credit is for the Interest you pay on the Mortgage right.
There is no tax benefits for property tax only for mortgage interest
invest in a home and rent ..is it a good option ??