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Old 06-06-2009, 11:58 PM
hiralal hiralal is offline
Senior Member
Priority Date
:
Dec-05
Category
:
EB2
I140 Mailed Date
:
03/02/2004
Chargeability
:
India
Processing Stage
:
I-485
I485 Mailed Date
:
07/30/2007
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Join Date: Apr 2009
Posts: 275
hiralal is infamous around these parts hiralal is infamous around these parts hiralal is infamous around these parts hiralal is infamous around these parts
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to buy another house (if it is not distress property / from auction) just to put it on rent is stupidity ..risk is good if it is calculated ..to take foolish risk is foolishness ..anyway that is me. In this Country land is virtually unlimited !!! demand is low (see immigration ..they give majority GC's to people when they are 50 - 60 years old) and those who are young have smaller families because of high cost of living, way of living.
to buy a house to put it on rent is big loss as there are millions of houses already competing for renters
ONE more reason for those who are on H1/ EAD is that 90% of then job postings on DICE and other places ask for only citizens or GC holders.
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