Many thoughts that JP wrote are what went thru my mind...except the senior citizens part. I was too sleepy to jot them down @ 1am in such detail I think...bad of me.
Yes no bank gives a homeloan. And none at 100%. 80-85% is what they usually provide us with...and we have to comeup with the rest. These are big numbers we are talking about here. Given the current interest rates of 8-9% the amount that we wud be paying every month against mortgage will itself come upto 25000/-. Then the maintenance and salaries to staff and regular day to day expenses and all this. Plus the initial downpayments what about that? 3 lacs or something for down and closing - if someone again takes a personal loan against it..then the monthly payments again. Buying a school in general is a very exciting idea and healthy idea aswell actually...but...at this cost....mmm.....we are getting ourselves into a vicious circle of expenses. I agree with all JP wrote. This is lot of food for thought. And like prasanthi said...if all want to do this as a drill and as a mock exercise...no harm I guess. -Divya *********************************************************************--- In [email protected], "Lakshmi Prasanthi Uppalapati" <[EMAIL PROTECTED]> wrote: > > Hello All, > > Today I am very busy in office and returned just now. Also the connection is > not good and so I couldn't browse any site. I only received office mails. > Thats it. > > Coming to the school idea, there are quite a good number of questions when I > write the mail, I have a big case study with me (without answers and it is > just like a plan to work on) --- A feasibility study. > > I will work on it and post to all of you. We must be very clear cut with > respect to our goals and ideas with respect to this project. I will post > what I am anticipating/visualising. > > Go through it and then come up with your points/counters etc., > > It doesn't mean that we can embark right now. It is just a mock-exercise on > how we go about projects, how we access, how keen are we with respect to our > goals, how professional are we in strategy etc., etc., > > One thing is sure: No bank agrees to give a home loan for a school. Also no > bank will give 100% amount. > > Anyway let me come up with my views. Let us see. (Even if it gets sold also > ... no probs.). This is not a life and death issue for us. This is > motivating us or letting us think ahead in our direction. A sort of fake it > to make it :) > > On 7/26/06, Jayaprakash Chilumula <[EMAIL PROTECTED]> wrote: > > > > Some quick thoughts... > > > > Is it recognized? > > Is it aided? > > If so, how many positions? > > Is 30K/month income before expenses or after? > > --> That would lead to several other interesting questions - left to > > the reader as an exercise. > > > > I don't think banks would give home loans to someone for a school. > > What can be done is - The cost has to be split - cost of house and > > cost of the *school*. Each of these needs to be evaluated > > independently, that would make it easier to assess. Most likely, it > > might be something like 15 lakhs for house and 8 lakhs for school. If > > so, people need to come up with 8 lakhs. Besides, home loans are not > > 100% (i could be wrong here), you will have to come up with at least > > one lakh for the house too. > > > > Alternatively, you can just buy the school for 8 lakhs and take > > something for rent, which is most likely cheaper. > > > > Far more importantly - question the motives! > > If it is profitable, why is he selling it? > > Talk to some students, parents of some students, if possible, one or > > two teachers. Each would give a subset of information. > > > > Finally, what/whose problem does that school solve? > > > > If it is for teaching kids from slum areas in addition to the current > > kids, mostly from middle-class, they might not send their kids to your > > school. > > > > If the aim is to teach kids from slum areas - is this the best way to > > allocate resources? > > > > You have to evaluate this really hard, look at all the numbers and be > > fairly confident that this is indeed going to make a profit. I don't > > know anything about schools, but you can talk to my dad (who started a > > school or two) if you are really interested in going ahead with this. > > > > Also, talk to retired people. Some retired people are in the mood to > > do something good for the country now and you can tap into those > > resources. Like managing a school and such. However, be careful! Most > > old people are very dogmatic in their thinking and methods and might > > become more of a liability than an asset. In one way they can be > > helpful - is information and getting things done in Govt offices, for > > example, licenses, permits and such. They have a pretty good > > understanding of the underlying bribe-receiving structures. > > > > You need someone very good with numbers to be able to tell that that > > school is indeed making a profit. That is where some of them can help > > you. The seller would most certainly say that it is making a profit. > > Otherwise, who'd buy it? > > > > If you learn how to use the retired people intelligently - you can add > > a lot of man-power. It consumes some resources though. Old people want > > people to listen to their stories, their *bravado*, adventures and > > such and it requires patient people willing to listen to them hours on > > end. Of course, not all of them are like that, but a significant > > majority are. > > > > My 23 paisa on this - No. It has a lot of dependencies and variables > > and will be a tremendous resource hog. Take a look at > > http://www.goodnewsindia.com. They have a somewhat comprehensive > > compilation of commited people who've been working their entire lives. > > That would give you some ideas and also people to contact, people with > > decades of experience. > > > > Warmest Regards, > > JP. > > > > --- In [email protected]<tomakeadifference%40yahoogroups.com>, > > "ulprasanthi" > > > > <prasanthi.uppalapati@> wrote: > > > > > > Sale - School in Jeedimetla with 350 students > > > - Mr. mohan rajasekharuni > > > > > > > > > > > > A good running school with 350 students in Jeedimetla, Apuroopa Colony > > > with 200 yards place and infrastructure is for sale. Interested > > > parties may contact the following phone number > > > > > > MOHAN : 98662 43656 > > > > > > Rate : 23 lakhs. Negotiable. > > > > > > Income from School is around Rs.30000/- per month > > > > > > --- In [email protected]<tomakeadifference%40yahoogroups.com>, > > "Lakshmi Prasanthi > > > Uppalapati" <prasanthi.uppalapati@> wrote: > > > > > > > > Sarvantaryaami :) > > > > > > > > In fact I have been waiting for a mail from you and I did get it. > > > > > > > > We need not ask anyone for the address/details of the person and we > > > can just > > > > knock you:) Feel like killing youuuuuuuuuu. > > > > > > > > Good to know about JP. I did go through 5 blogs. I see lot of fire > > > (Aavesam > > > > to be precise). Based on your email, with such a life partner > > > sharing his > > > > ideology, he can do much, as he is planning, in the future. > > > > > > > > I still feel we can't jump as such for any bigger projects. Two days > > > back I > > > > saw a classified in telugupeople.com about a school which is worth > > > Rs. 23 > > > > lakhs (negotiable) and is earning Rs. 30k/ month. > > > > > > > > -------------------------- > > > > Sale - School in Jeedimetla with 350 students > > > > - Mr. mohan rajasekharuni > > > > > > > > A good running school with 350 students in Jeedimetla, Apuroopa > > > Colony with 200 yards place and infrastructure is for sale. Interested > > > parties may contact the following phone number > > > > > > > > MOHAN : 98662 43656 > > > > > > > > Rate : 23 lakhs. Negotiable. > > > > > > > > Income from School is around Rs.30000/- per month > > > > > > > > ----------------------------- > > > > > > > > I got a thought like if we can buy the school and teach the children > > > near by areas (slum) free of cost > > > > and get fees from other regular students. I feel like this is not > > > the right > > > > time again. Also my thoughts on education are something different. > > > But we > > > > cannot change the system. We have to use it in a best way. > > > > > > > > One of my ideas is to guide/teach/train the > > > villagers/downtrodden/beggars > > > > etc., some skills/vocational course and then market them. We act like > > > > entreprenuers but we will use the money for the development of it > > only. > > > > > > > > (The annual income of beggars in Mumbai is Rs. 180 crores --- > > > Today's news > > > > item) > > > > > > > > We need more committed volunteers and more experience and more time > > > to do > > > > that. What I personally feel is we need to be settled in our lives > > > (not only > > > > with respect to profession but in our personal lives as well). Most > > > of the > > > > people say that we will busy with our personal lives if we get > > > married. But > > > > what I feel is, we can work with much vigour and enthusiasm as we work > > > > together and support each other. Ofcourse ideologies also must > > > match. When > > > > it comes to Chandrareddy and Yashoda, they are lucky. Both have > > similar > > > > thoughts with respect to doing something for the society. > > > > > > > > Let us hope that we grow more in strength with respect to committed > > > > volunteers and we can form a strategy on the workable solutions. > > > > > > > > > > > > > > > > On 7/25/06, NaChaKi <nachakigroups@> wrote: > > > > > > > > > > I know Jayaprakash from another of my sixty :-D groups: > > TeluguBrains > > > > > Yahoo! Group. So, let me do some introduction to people here: > > > > > > > > > > > > > > > > > > > > Without his permission, I quote some of his words from the > > archives of > > > > > TeluguBrains: > > > > > > > > > > > > > > > > > > > > "Another project is a common hosting solution for all the NGOs, > > > charitable > > > > > orgs, etc." > > > > > > > > > > "...about 20 other projects along similar lines - which will go > > > live in > > > > > about 6 months)" > > > > > > > > > > "I will do my homework, comeup with some concrete *plans* (which > > > can be > > > > > remoulded as you want!)... I am a sucker for information and > > > couldn't resist > > > > > reading everything posted..." > > > > > > > > > > > > > > > > > > > > I came to this point and thought, "Oh, that's not all! I know more > > > about > > > > > this person through his e-mails elsewhere!", and lo, I find him in > > > > > TelugusAbroad Yahoo! Group too :-) > > > > > > > > > > > > > > > > > > > > But again, I now didn't find his introduction/relevant information > > > there > > > > > either! I checked a few other groups in vain. :-( So, here I go, > > > free form, > > > > > quoting only from my memory: > > > > > > > > > > > > > > > > > > > > His wife's dissertation was (is?) on NGOs in India (AP?). (Now, > > > JP, where > > > > > did you write this last part of the info?) There, he also wrote > > > about his > > > > > own plans and ideas about NGOs, IIRC. > > > > > > > > > > > > > > > > > > > > You now know that all his questions are the results of intense > > mulling > > > > > over and discussing and debating at home and outside too! And, he > > > also might > > > > > have read all our messages, or at least he'd ;-), and thus learn > > > more about > > > > > the group by himself. His multitasking and project skills can help > > > the group > > > > > too, I believe. A little bit of Googling tells me that he's been > > > right in > > > > > the neighboring state for me for a while and that he had been > > > doing what he > > > > > can with respect to society for the last few years or more. > > > > > > > > > > > > > > > > > > > > ...He seems to be throwing pearls here one by one... but I assure > > > you, JP > > > > > sir, that we're ready for the whole garland of it at a time :-) > > > Seems I > > > > > already broke some ice here... hope you don't mind. > > > > > > > > > > > > > > > > > > > > Welcome aboard, > > > > > NaChaKi > > > > > > > > > > > > > > > > > > > > P.S. 1: An answer to his queries in a followup e-mail... well, my > > > version > > > > > of the answers, rather, after Prasanthi, Divya, Krishna :-), and > > > Raghu. > > > > > P.S. 2: I dropped the "gaaru"/"Sree" for his name, since he seems > > > younger > > > > > than me by a year. Hope he'd not mind that. (Am I right, JP, given > > > that I am > > > > > 28?) > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > -- > > > > with regards, > > > > PRASANTHI. > > > > ---- > > > > When you want something, the whole universe conspires in helping > > you to > > > > achieve it. > > > > > > > > > > > > > > > > > -- > with regards, > PRASANTHI. > ---- > When you want something, the whole universe conspires in helping you to > achieve it. >
