▲ 284 r/IndiansInSeattle+1 crossposts

Sold my house today at a loss. Lesson learned: a house is a liability unless it cash flows

We closed on our house today. We had to move out of state for work, so living in it wasn’t an option, and renting it out meant losing money every month.

We took a real loss, more than I’d like to admit😭😭😭. But we ran the numbers: taking the cash out now and putting it, plus what we’d keep paying every month, into the S&P 500 or even a ~6% return, versus holding and selling in 2028. Holding only came out a few tens of thousands ahead in the better scenario, which wasn’t worth the market risk or the landlord risk.

My takeaways:
• A house is a liability, not an asset, unless you can make sure it’s cash flow positive.
• Nobody can predict the future. Not the market, not rates, not where your job takes you.
• Peace of mind is worth something. I’d rather sleep well at night than hold and hope.

I hope I won’t regret it if the market bounces back next year, like people who sold in 2020? But I need to move on and focus my energy on making the money back.

reddit.com
u/PuzzleheadedIce3774 — 11 days ago

Diwali sweets in Costco

Local Costcos are carrying numerous Indian sweets…Jalebi, Motichoor laddu, rasamalai, gulab jamun, assorted sweet pack (with peda, balushahi, mysore pak, kaju katli), etc

I saw them on the Eastside. I am guessing that other local Costcos will have a similar collection.

reddit.com
u/SimpleLeader7713 — 11 days ago

Very flavorful Shallots in Costco

This is something to consider if you like the strong & “spicy” taste of India style onions.

I saw them in a couple of Eastside Costcos.

Note that they are spicy & your eyes will water quite a bit… while chopping them :)

u/SimpleLeader7713 — 11 days ago

Redmond/Union Hill Home at $324/sqft & still unsold?

This home has been on the market since Feb & has had the list price reduce by 400k - and still remains unsold.

What's scoop on this one? From the listing info & pics, it looks like a reasonable location and home.

redfin.com
u/SimpleLeader7713 — 19 days ago
▲ 584 r/IndiansInSeattle+1 crossposts

any US residents suddenly getting recommend A LOT of indian/bollywood movies?

like within the last week. I specifically noticed today far more than in the last few months. i checked my connected devices to make sure no other sign ins are happening but it all seemed fine.

reddit.com
u/SimpleLeader7713 — 23 days ago

Indian language schools in the local area

Not sure if this is common knowledge, but there are several Indian language schools in the local area, most of which cater to kids and hold classes on weekends.

My kids have been attending Gurukul for many years. It's a volunteer run non-profit organization & has been offering language classes in the area for 25+ years. They currently offer in-person classes in Hindi, Kannada, and Marathi. It’s a well-established organization with programs operating across multiple locations (Bellevue, Bothell, Maple Valley).

For kids, these organizations can be a great way to learn and stay connected to their heritage. For adults, they offer opportunities for volunteering, community involvement, and networking.

There are several other Indian language schools in the area - but, I am less familiar about them. If you know of any other schools - do share below.

reddit.com
u/SimpleLeader7713 — 1 month ago

Theaters screening Indian movies

Which are the local theaters that screen Indian movies?

We have been to Lincoln Cinema (Bellevue) & the AMC in Woodinville

Any others that you recommend?

reddit.com
u/SimpleLeader7713 — 1 month ago
▲ 134 r/IndiansInSeattle+1 crossposts

Is it just me or are the majority of non-chain pizza places Indian owned and offer some sort of butter chicken pizza. This is not a complaint! Just an observation.

This is a thing I’ve noticed in the past… let’s say 5 years. Even some places that have been around have obviously switched owners and now offer a butter chicken pizza (or something similar). Growing up, it seemed like most pizzas had a Mediterranean inspired (places like Romios were every where and you could usually find Mediterranean items on the menu), and geeek style pizza is even considered a style and were pretty common. It definitely seems like it switched— not this isn’t a totally crazy concept here either. Eg, a lot of teriyaki spots are owned by Korean immigrants. I just wonder what made the influx of Indian inspired/Indian owned pizza places start all of a sudden. Did a certain group make it easy to open up?

Again, not a complaint, just definitely something I noticed and I was wondering if anyone had any insight into it.

reddit.com
u/SimpleLeader7713 — 1 month ago

Eastside Flops - homes sold for below purchase price

(This post is inspired by this comment from Unique_Edge6323. Looks like u/TheTim is working on getting a similar thread from 2008 back online).

Let's use this thread to compile a list of Eastside homes that sold for less than their original purchase price.

u/Kadet11 posted a good list to help get us started. I’ll post those homes in the comments.

If you come across any other examples - pls post them below.

reddit.com
u/SimpleLeader7713 — 1 month ago

Don't ghost the posts!

We've seen some good content lately, but the comment sections are looking a little lonely.

If you're lurking, it's time to step up! Drop a comment, share your take, or hit that upvote button if you like what you see.

The more we interact, the better the sub becomes for everyone.

See a post you like? React/respond to it

reddit.com
u/SimpleLeader7713 — 1 month ago
▲ 28 r/IndiansInSeattle+1 crossposts

Eastside homes selling for 30-40% below peak ZEstimates?

Let me start off saying - I know that Zillow Estimates (ZEstimates) are very approximate.

That said - I am hearing that some Eastside homes are selling for 30-40% below the pandemic-peak ZEstimate values...from 2022.

Anyone noticed this trend?

EDIT: Here are a few recently sold homes in Sammamish & Redmond.

Peak Zestimate of $2m; sold for $1.26 (37% down) - https://www.zillow.com/homedetails/24312-E-Main-Dr-Sammamish-WA-98074/48853035_zpid/

Peak of $2.2m; sold for $1.26 (43% down) - https://www.zillow.com/homedetails/252-245th-Pl-NE-Sammamish-WA-98074/60971840_zpid/

Peak of $2.5m; sold for $1.74 (30.4% down) - https://www.zillow.com/homedetails/13214-180th-Ave-NE-Redmond-WA-98052/48685353_zpid/

Peak of $2.5m; sold for $1.769 (29.5% down) - https://www.zillow.com/homedetails/18122-NE-127th-St-Redmond-WA-98052/48972116_zpid/

It's not hard to find such examples.

reddit.com
u/SimpleLeader7713 — 1 month ago

Indian Breakfast places

I recently learnt that Dosa House (Bellevue) offers breakfast everyday...starting at 9am.

I know that Desi Tadka (Bellevue) offers breakfast on weekends...starting at 9am (Fri-Sun).

Know of any other Indian breakfast places that are open around 9am-ish?

reddit.com
u/SimpleLeader7713 — 1 month ago
▲ 24 r/IndiansInSeattle+1 crossposts

Many NRIs don't know about India's Fast Track Immigration (FTI-TTP)

If you're travelling to India regularly, this might be worth looking into.

FTI-TTP lets pre-verified travellers use automated e-gates instead of the regular immigration queue.
One-time biometric enrollment, then passport scan + face recognition for future arrivals & departuers
Available at major airports including Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Ahmedabad, and Kochi (expanding to 21 total airports).
No fee to enroll.

For those travelling frequently between the US and India, Global Entry can offer a similar experience when returning to the US.

Has anyone here used FTI-TTP recently? How was your experience compared to the regular immigration line? Any issues during registration or at the airport?

reddit.com
u/SimpleLeader7713 — 1 month ago