Can they afford a $350,000 Home with $4000 monthly income?

[@CassandraCee_]

I can’t express how much I love this series and the excel spreadsheet

[@crossslade6445]

Q

[@harrisvangeest5134]

Have been making losses trading myself .... I THOUGHT trading on demo account is just like trading the real market .. can anyone help me out or at least advice me on what to do ?

[@debbiecowdrey1358]

I literally want to wake up one morning to discover my portfolio is above $60k

[@joachimmilberg2313]

@@harrisvangeest5134 I will recommend you stop trading on your own if you keep losing and start trading with a professional.

[@stevenwalker2117]

The mentorship from a professional coach should definitely be the first step taken while trading.

[@atrain132]

Personally, I would advise any couple buying a house to *ALWAYS* base their mortgage payment off of one salary; instead of conjoining salaries. That way the house is still affordable, and you're not put in a bind if someone loses their job, get divorced, or someone passes away.

[@memyselfandi9106]

Omg yes. I can't stress that enough to couples. Base affordability off of 1 income!!

[@Rose-yt5hi]

Yeah, but unless you have a really great paying job and little in the way of monthly obligations, you’re going to have a tough time qualifying on one income.

[@atrain132]

@@Rose-yt5hi that depends. People can also have a tough time qualifying on dual incomes.

[@jonasjung256]

Agree. 👍🏻

[@tb1235]

Respectfully, this is good advice in theory, but in practice not so much. Most households wouldn't be able to budget this way in most parts of America. That's why it's called household income and not individual income. If you make a ton of money as a single person and can afford a mortgage alone than that's great, you too could lose your job any day and then what? There are budgeting guidelines to follow for sure, living off of one income when you have two is not one of them.

[@waynedorsey8885]

Javier you're on to something with this series! Keep this going because it's super valuable info!

[@Definitelyitsallgood]

Yep he does

[@chivasx557]

Speaking my language Javier !!!!!! Wooooo! These are real world incomes and i appreciate you showing us these examples

[@IVismarried1974]

Another episode of my Favorite show, HGTV hire this man already!

[@notreal6032]

Good title. Originally I went "eh, another video about housing budgets" then it clicked and I went "ohhh snap *could* you afford that on 4k per month??"

[@tb1235]

@@notreal6032 Agreed, this is more realistic. The other questions sent in prior by other viewers were good but they had incomes higher than the vast majority of people so it was hard to relate. This video was much more relatable imo.

[@sandrap.7388]

Totally agree👍🏽

[@beddythecorgi4269]

Seriously right. They need him to also do episodes in Spanish. Spanish speakers are being told all sorts of crap that is horrible financial advice.

[@yarieltarano280]

With this example. I wrapped all the factors in buying a house with more clarity; taxes, credit, debts, income, downpayment interest options, etc. This video is one of the best about educating the home buyer. Thank you.

[@caball3ro]

Really digging this series, great way for folks to recalibrate their expectations!

[@Ana-ns7ek]

^ that part

[@marmalay]

Yes!!!

[@starzzzy22]

I love these episodes. They remind of me of Suze Orman's old show where people would call in and ask if they should buy something expensive (and usually the answer was no 😂)...anyone else used to watch this?

[@dnh31tlg10too]

I did. 😊

[@linda27189]

Omg yea 🤣🤣🤣

[@euenfheiejrj]

Yes girlfriend

[@BKLNHobo]

Except there is no shrieking or clutching of pearls.

[@shimalovespeaks3472]

YOU. R. NOT APPROVED! 😂

[@LongLiveBoomer]

Hey I live in Westerville Ohio! It’s actually Northeast of Columbus! Huge housing market! Also Westerville has amazing schools so that is why our taxes are high

[@reginaldsmith6949]

@Fuzzy Grizzly My wife and I used to live there. Right off of 161. We're in Florida now, but I still have fond memories of our experiences there.

[@LongLiveBoomer]

@@reginaldsmith6949 I love Westerville. The housing market is getting pretty bad for the middle class here. I think they are trying to find ways to make it better though. I don’t mind a condo tbh

[@clarapinto9410]

I used to work in Westerville, pretty much paying for the location, it was very high class as well as Dublin OH

[@LongLiveBoomer]

@@clarapinto9410 yeah you get what you pay for!

[@rachelrak4502]

I had a chuckle when he butchered Pataskala. Grew up just north of Westerville and my dad lives in Pataskala now. Love the area, sad about how the real estate market shot up

[@HedgehogDude18]

You should do an updated version of this for the current 2023 market. I've been on the house hunt the past few weeks, but the house competition has still been crazy as homes around me are going for above asking. I'm looking at around 190-200k homes but 200 still puts me at a like a 1,600/month payment and my salary is slightly above the US average. Feels like I can only afford a shack haha.

[@Christimony222]

Same lmao only a shack 😅😅😅

[@donaldlyons17]

I am glad you can at least afford a shack!!!

[@krassimirpetrov7131]

These are fantastic episodes !! I think you may have found gold with this

[@robertosegarra6964]

As someone in Orange County California this makes me depressed but will still watch because I love your videos! Javier, make a video about my area! Already know I can’t afford with no debt and an annual salary of 70k :(

[@kenisutherland6288]

I feel your pain. I'm in Los Angeles County.

[@blmxo8827]

I’m in arizona and I can’t afford a home on $60k unless I want to uproot my children out of their good school and move over an hour away. It shouldn’t be this way.

[@T1Oracle]

California is priced to create homelessness. I couldn't imagine living there.

[@robertosegarra6964]

@@blmxo8827 I wouldn’t want to move too but it’s impossible here. I even will finish my MBA in a year and at 100k won’t be enough

[@Islandasian_]

I live in Hawaii. I totally understand…

[@Mistic952]

Man this is how i feel currently, made about 64K last year and I feel like I can't afford any type of house in this market. A bit depressing

[@One-12937]

Same man, I work like a dog.

[@blmxo8827]

@@One-12937 but apparently people like us are lazy and unmotivated and that’s why we can’t afford a home 🙄

[@One-12937]

@@blmxo8827 I know, I work 2 jobs and still I can’t get in.

[@jacob_gang]

You can but it probably won’t be an area that you like or something you’re used too. It just depends where you are looking and what your stream of income is. For example there’s a lot of nice towns in the country but the. You have to think about other factors.

[@2wheeldom11]

I feel u, and that was a year ago, imagine now with interest rates at almost 8%...

[@deandrejones8701]

I have a friend that is buying a new build for around 350k and their salary is about 54k. Realtors and myself tried to talk them into smaller and cheaper houses, but they were adamant to the advice and still wanted a house closer to 2000 square footage. They don't have a car note but still I feel this mortgage is going to be a challenge for them. I still support them as a friend but...woo...good luck to them is all I can say at this point lol

[@mph5896]

Yeah, thats not going to end well for them.

[@yeahdude1986]

Bruh they need to put that shit on paper and stare at it.

[@yugfus]

Where are they from? Can they get cheaper homes? BTW, I think a lot of people don't realize how big 2,000 Sq ft is. Depending on how a home is structured between 1,200 and 1,600 sq ft can be massive. Most people don't need that much space. My mom and dad own a home which is about 1,300 Sq ft and they had enough space at one point to house me, my older sister, and her two children with no one encroaching on the others space. I bought a 1,300 Sq ft house for me, my wife, and my daughter. We live very comfortably in it. My wife even said she wouldn't want a bigger home than this one because at that point it would likely be just a bunch of empty space.

[@carterbacon6232]

Man honestly I feel that but I can understand wanting some nice ass house for more, the ones in budget look like shit

[@2wheeldom11]

Lmao yea good luck , that's gonna be like 90% if their net income once u factor in utilities etc...talk about being house poor...

[@chelseaj9286]

Hey first time home buyers! Just a heads up, if the taxes on your house go up, your monthly payment will go up. My escrow needs another $400 this year due to tax increase. No one told my partner or me that it would happen. So make sure you can afford an increase in your monthly payment. Also, after you pay off your collections, see if they can start the process to remove it from your credit. Or ask when the earliest date to would be to start the process. I think I had to wait one month.

[@jeanettenunez8355]

Taxes go up every year in California

[@BreakthroughInk]

Yes that happened to us. The taxes jumped up $200 a month. Caught us by surprise. Thought the mortgage was fixed. Learn something new every year lol

[@tb11212]

How do taxes jump? I’m confused. Is this on an adjustable rate mortgage not fixed? Or could this happen to anyone?

[@chelseaj9286]

@@tb11212 I have a fixed mortgage rate, and that never changes. However, your taxes can vary from year to year. So, you might end up paying more a month because of the tax increase.

[@nursevinyl6185]

Taxes go up every year. I guess they base it on the current market value of the house. I started 4100 now we are around 4700 and we are not in a prime area in california. So just be ready for it. Good luck qnd happy house buying.

[@alladreamwedreamed]

I love your videos and guidelines! You helped me learn the first time homebuyer process and we closed last summer. Home values are up over 10% already in our area so I think we picked good! Thanks Javier!

[@chadpleasant9215]

My guy! Congrats on the business week article. I’m reading right now. Very happy for you. Glad I found your channel when I did.

[@mappedoutmoney]

This is a great series Javier, love it.

[@G_Money_]

Wow! The title is pretty much my scenario. I take home 4k a month with a 810 credit score. I'm under contract now on a 370k house here in Washington. Get in now before its too late. It's very competitive out there.

[@wendybaby83]

Wow that's scary. Good luck!

[@Omgshots]

"Shattering dreams" is what this market IS doing.

[@sluggingbread]

Thank you for this video format Javier. It's super clear and concise, you're also very good at breaking these down. Love the content and will share it with relatives. God bless.

[@berlintapondjou3744]

It is too tight. They need to be patient and save more. I will say wait 2 years while working on better paying job, improving credit score, and investing slowly on an ETF.

[@tamarastone141]

Not just save money but there needs to be more income! Someone else needs to get another higher paying job or need to get a second job because 52k is clearly not enough

[@MattAK]

68% is about what I take home but I have some aggressive pre-tax deductions on top of the normal taxes. so it's not unreasonable, perhaps there's other deductions in there reducing that amount. that being said I agree, they need more income or a lower budget because that's too tight.

[@Friskyorphan]

Yeah pretty believable with retirement and health insurance.

[@Maiseexi]

Javier with his pink drink is why I’m a subscriber!!!

[@JavyVidana]

👁👄👁🍷

[@ThatAKguy74]

Good info. I couldn't tell you how many times I see people swear up and down "you can buy a $350k-$400k house with no issues on $50k a year" and think that qualifying for an amount means that is what someone can actually afford.

[@Rccrdawgs]

These folks need to be in a 225k house ...ain't their time to buy , but they will , it will kill them! They will get squeezed to death and the inflation all around them they will foreclose , one hiccup and all over.

[@ProfessionalRageBaiter]

I make 90k i’m staying around 250k aint no damn way i’m going over let alone 300k-450k i’m trying to pay off my house early and for 250k there’s decent houses available

[@prettykitty5416]

@@ProfessionalRageBaiterwhere? Out in the woods/dessert? A mobile home? There are literally no good homes worth living in that cost 200k😭.

[@ProfessionalRageBaiter]

@@prettykitty5416 Texas bruh. My area has sub 300k houses. 2 story, HOA neighborhood, big backyard, Garage, 3 bed 2.5 bath, and tbh that’s pretty nice compared to the houses in my city. It’s a nice neighborhood and 300-400k gets you the rich side lol. There’s a small neighborhood where rich people live and they look like mansions running for 500-600k+++. They have direct access to the lake we have but it’s their private area attached to their house

[@prettykitty5416]

@@ProfessionalRageBaiter you forgot to mention those houses will be floating away when the next hurricane/floods hits🙄 those houses are only 4 dollars because they have to be rebuilt every 5 or so years. Especially in Houston most of those “good price” homes are sitting right on flood planes.

[@icarusathletics]

Best series ever !!! More ! One a day please 🙏🏽😂

[@jenniferlego4221]

I'm in EEESSSCCCRRROOOOWWWW!!!! I'm not excited though. 😂🥰🏠🥳

[@JavyVidana]

Why??

[@krassimirpetrov7131]

Doesn’t count until the ink dries at the closing table , but you can still be a little bit excited 😜

[@paulharsh78]

Wow! Just found this channel. Definitely earned a new sub here! Looking for a house in the next year! Going to check out your spreadsheets and get focused!

[@consumerdebtchitchat]

When I bought my 100k condo in 2020 I could have paid a 20% down payment on a 350k home. I am single and take home slightly less. . Cedit score above 750. There is no way I would purchase that much house as a family of six and feel comfortable that I wouldn't be house poor.

[@jacob_gang]

Girl preach!!!!! Family of 5 and I purchased a home for 107 brand new in the country and my family was like omg why would you go the rural part of town why don’t you get a house in the city. I was like I’m not going to be house poor ever. A 350k home is crazy unless you’re wealthy or retired that’s my opinion.

[@tamarastone141]

@@jacob_gang I totally agree!! I refuse to be house poor.

[@spldrong]

I just use Dave Ramsey's advice here. Up to 1/3 of your take home pay can be used to pay for your home

[@spldrong]

@Christopher Fitzgerald not sure what you mean by that. Seems like it is largly dependent upon income

[@MythicRealTrap]

My house was 370k and my monthly is 2400 + HOA ( we were 1st time home buyer, FHA loan, 3.5% down. I believe our interest is 4% or 3.8 something) 4000 monthly income is really low Our monthly income is $9k/month after tax

[@tonise26]

I really enjoy this series! 👏🏿👏🏿👏🏿

[@estephens13]

As far as tax rate goes, in Texas at least we have high property tax in lieu of state income tax. Government has gotta get your money from somewhere.

[@jessieh.8443]

I don’t know if that’s a good give and take. High ass taxes where I live are just ridiculous in west Texas.

[@jsayin1]

finally a cool series and not a headline saying "housing market crash"

[@averyedwards4781]

Westerville is a suburb on the outskirts of Columbus, Ohio. That $1500 rent is a bargain! I don’t foresee them having a chance unless they move into the city limits. I live in the city of Columbus. It’s hard here. Lol

[@MomtoZnE]

With new construction the timeline is much different and the rate locks are much longer. For instance, we went into escrow in January. Our home wasn’t even started yet. Our home wasn’t completed until July and that is when we closed and took possession. (Our rate had been locked in that entire time) We moved out of our rental officially July 31, moving over a period of 2 weeks. Also, yes, you are much more likely to be approved if you use the builder’s lender. Also use the builder’s partner homeowner’s insurance.

[@yungfez]

Always go conventional if you can and definitely 10% if possible without foregoing savings at least 2 months expenses when purchasing a home 6 months otherwise. Credit isn’t as important as rates right now. Rates have climbed week over week for the last 5 weeks I would do it now or just wait for a reset.

[@2wheeldom11]

Well a year later we're at almost 8%...guess we keep waiting till they go to 10% lol

[@Haleyvelas]

I would like to see a video of buying resale vs new construction vs purchasing land and custom builds. What would be best for the money. $350k budget

[@lauraaltobelli5064]

I'd love to see a breakdown of this as well. We're in a town where most of the existing homes in our price range were built by the same builder and I hate the floorplans. Don't really need more space or acreage to pay $75-150K more, just want a different style.

[@chris10858]

Loving the series. Wish the background music was not so loud. It's distracting. :)

[@Killersam776]

There needs to be a dramatic overhaul to the mortgage system. The 20% threshold for mortgage insurance is so unattainable these days that it’s almost crippling the ability for a huge chunk of the population to buy a house.

[@mph5896]

ITs insurance if you default. Thats not going to change any time soon.

[@esmeraldacampos8840]

THIS IS SO HELPFUL THANK U

[@SD71232]

I used to think a 450k house isn’t affordable with a 140k income and missed out but now I would kill for those prices and rates.

[@exnecross3141]

Man there was never a point in time when a 450k house wouldn't be affordable with a 140k income. Why would you think that lol

[@Killersam776]

Don’t look at the property taxes in chicago suburbs lol. Can get close to $10k on sub $300,000 houses in some areas and it’s common to get around $15k for houses around the $500,000 mark. It’s crazy

[@tamarastone141]

Yrs...taxes in Matteson,IL are up to 12,000 right now! Unbelievable! I just bought a house in Homewood and my taxes are 4k....I'm so blessed

[@ywkhgqo]

I have a feeling taxes are much higher in the north east because winter is expensive from both snow removal and damage to infrastructure that you don't see in the southern states. Also more densely populated but these are just my opinions.

[@LongLiveBoomer]

Well Westerville is a suburb of Columbus who has considerable lower property taxes. We are paying for better schools here in Westerville basically

[@jacob_gang]

That can make sense, I’ve never thought of that.

[@maritestaylor8458]

LOL your so funny in your videos. But lots of great information. Thank you for all the help.

[@Omniryu]

Places with higher state payroll and sales tax, tend to have lower property tax. Places like Texas, with no state payroll tax, have super high property taxes.

[@angellorenzoa]

How about this 🧐 single , first time buyer Credit : 741 Savings : 35k Make: 8k per month, budget - 5.5k Timeline : December

[@stevenroshni1228]

That's a pretty solid situation. You can look at a mortgage calculator.

[@Rollmydicehuhh]

Javi freaking out over 5k taxes. I wish I could get that in a B+ neighborhood in jersey

[@KaliElaine]

Lol shattering home buying dreams this is great

[@balexandrio7227]

Why would someone have bills in collections while having a savings like that? People are crazy. Your credit being higher will literally save you thousands. Just pay off the dang collections 🤷🏻‍♀️

[@sergiocolon4333]

Great video!! A lot of good info here.

[@aaronc5818]

You should be able to talk to your mortgage broker about your credit report and bring it up a little. I found an old medical bill that I didn't know about and talked to the Medical place to bring it out of collections. That brought up my credit by 70 points within a week. It cost me a couple hundred dollars to pay it off.

[@TobeZ06]

Love these vids

[@TheRealLadyMagnus]

They need to look into the Ohio state law on how long a collection can be on their credit profile. If it has reached its maturation date, dispute it. If not, then they should write a letter or email to the company disputing the accuracy, while not acknowledging ownership of the collection. Send it by verified mail, if sending by postal means so they can have receipt of delivery. The company has thirty days to respond. If they do not respond, the collection has to come off. There are tons of resources online. *This is just my opinion.

[@jessemartinez2606]

I really enjoy this series!

[@2wheeldom11]

Lmao I know this video was a year ago but imagine a 3.8% interest rate being crazy..hahahha it's like 8% now

[@annwallace1438]

Great series. I am a Realtor in Florida who is helping my daughter sell and buy. This year SOLDS in $350,000-$450,000 market 33% cash, 45% conv, 8% FHA, 17% VA. About a third of the cash sales going to one out of town agent (16 out of 35 cash sales, closings 2 weeks). My daughter's home is ready to sell and I feel confident we will get multiple offers first weekend. Need a little help with Strategy. WWJD (what would Javier do??) . Daughter can do 20% conventional BUT needs to sell her home. I am binge watching your videos now. 20 year vet realtor but can do with some fresh eyes.

[@mph5896]

I feel thats why the market is gridlocked. People can't move up their homes due to low supply. Whats the contingency if she sells and can't find a replacement?

[@annwallace7204]

First offer they made was rejected and the house sold for $383,000 or $28,000 above list 11 offers first day. My daughter decided to put her house on the market and received 14 offers over the first two days and accepted an offer from a buyer represented by an associate I knew and trusted at $10,000 over list with appraisal gap guarantee. Same day she wrote on a house and was outbid by $60,000 (70,000 over list), appraisal waiver and inspection waived, they also received 11 offers in the first 2 days. The great news is my daughter and her partner wrote on and are in pending at a list price property. The home they chose was bought by an I-buyer in December at $358,000 and relisted at $432,000 then reduced to $426,000, they offered the $426,000 and it was accepted. Appraisal came in at $420,000 and buyers will bridge the gap. They felt comfortable with a 10 day inspection period. The experience has been really good with I-buyer so far. The I-buyer wanted to wait until the inspection period on my daughters present house was over until they accepted offer. I wish we had 10 houses to sell to the buyers who wrote great offers on my daughters house (It did not appraise at sales price but within the $10,000 appraisal gap).

[@devdevboomboom6745]

Between tax’s and health insurance i pay about 20k a year. So the gross compared to take home makes sense

[@pinkorganichorse]

These evaluations are what I want to see.

[@anastasiahicks9451]

Westerville is a really nice area in Ohio, near Columbus, with crazy high property tax rates. On top of really high property taxes, Ohio also has a city income tax based on the city you live or work and a school district tax that goes direcrly to the school district where you live. It's nuts.

[@daisyhernandez4726]

Please keep doing this series. 😊

[@joshharris7902]

Bro is that Pokémon background music I hear in the Budget portion of the video 😭 you earned a subscriber in me! Lol

[@FarangWithAChang]

I've missed my chance twice to buy a house over the last 15 years. I'm now planning ahead to need possibly 5 years or so for interest rates and prices to come down. Thankfully our condo is cheap to live in which allows extra time to save. Though at this rate I'll be at the age where I'm going to need to do the opposite to downsize back to a condo. In regards to the difference between gross and net that could be insurance or retirement contributions. I put 20% of income in my 401k which causes a huge variance. I like the idea of determining what you can afford vs qualify for makes so much sense. I can easily decrease 401K deposits to increase net pay if things get bad. Buying based on approved amount is one of the things that led to the financial crisis in 2008.

[@laronb1316]

Can you use a scenario with someone using Dpa assistance with FHA loan

[@michelepruitt8299]

Great episode!

[@bena9221]

This video was very great to make anyway to understand the mortgage language

[@venchenzo4493]

Its scenarios like this that ended up causing the housing bubble, no lender in his right mind should give this loan.

[@jtowensbyiii6018]

With your logic 90% of Americans can't afford to have a home, what a horrible mindset

[@Justkeepswimming777]

Born and raised here. Shook that this video came up on my feed from you. Prices here are SO crazy… we are not going to be able to purchase here.

[@tuannguyen-zk3lv]

in NJ. That house's property tax is easily in 8-9k range.

[@Maurus200]

Usually if income taxes are cheap or non-existent property taxes go through the roof. That said Ohio has a lot of school levy taxes on properties.

[@mortgageseth]

Great video Javier!

[@alannaalbritton381]

Great series!

[@TrixR4Jesus614]

Funny thing about Westerville is it’s in the eastern part of Columbus. Like????

[@sashahernandez1872]

Hi Javier can you do one in how much you need to buy a house in New Jersey! Here is expensive crazy and taxes are 😭 thank you for your videos there super helpful

[@Definitelyitsallgood]

More content breakdown like these plz … Subscribed

[@spectrakid92]

I love these videos

[@SantosProd]

I'll be wanting to email soon i just need to gather up a bit of data beforehand anything you specifically want included?

[@devramesh9454]

Excellent analysis and validation👏👏..is there any possibility of crashing housing market that allows people to buy the house at reasonable price?

[@ElChamoNY]

If you're waiting for the market to crash to buy a house that just mean you're not in a position to buy

[@lynardskynard21]

@@ElChamoNY Or you know, people want to be smart with their money and not waste it. I’m in a position to buy but I will not overpay for a house that was $100k less 2-3 years ago just because people have FOMO

[@pendleton123]

You got a Sub 1) From a great real life exercise 2) Pokemon background music

[@Obecox]

i was jamming to the background music😂

[@MVS_DJGillyGill]

Great video ! Where’s the Google drive link to that template ?

[@joshuab464]

I’m 28 married with two kiddos. It feels almost hopeless, my credit is low and I’m limited to how much $$ I can make. All I want to do is get my family a home something we can call ours. Having $20k down as a down payment seems like such a mountain.

[@BKLNHobo]

Javier forgot to add in the PMI for less than a 20% downpayment if they go the conventional route. Also I'm laughing at 2 to 4 weeks to find a home, have an accepted offer and be in contract. I'm just past 2 months of looking with 3 months and change left on my lease and feeling the squeeze.

[@tamarastone141]

It took us 3 months...and we were looking aggressively!!

[@alancrosby207]

I am looking for a home I get 2500 in a month all together and I have a 563 for my credit what would be the best price for a home

[@coreylatham9944]

Hey bud Corey here from south Mississippi Me and the wife are looking to buy a house in ethier Tennessee or Arkansas at the moment credit is 550 starting to improve it had 2 collections and I’m getting them both taken care of, looking to have 26-30,000 down bring home is around 6600 a month so we are just looking for tips

[@coreylatham9944]

Forgot to mention looking in the 300k market

[@shaniquawalthour6945]

I honestly dont know how they would live day to day. We are a family of 6 also and my husband is the provider and makes around $50,000 and we are STRUGGLING. The house we rent was bought for $80,000 in July 2020 and we moved in Sept. 2020 and pay $1275 in rent. A year later and we now pay $1400. STRUGGLING. I cant see how this will all work out for low income and middle class citizens. Oh yeah, we live near the metro Atlanta area where homes that were built in the 1950s with 900sqft is now worth 200k.

[@vickyandersen8660]

Maybe you guys spend too much and don’t budget enough. Honestly, you can love off of that if you don’t go blow your money on unnecessary nonsense. Babies don’t need $100 shoes and little kids don’t need 5 pairs of Jordan’s. Budget

[@shaniquawalthour6945]

@@vickyandersen8660 hmmm..... Ive never owned a pair of $100 shoes in my life. 🤔 With rent being $1400 minimum in the Metro Atlanta area, feeding 6 people with coupons and buying $10 shoes from Amazon or Walmart, and a son who we have to drive over an hour away for his specialty Dr., I cook EVERYDAY, husbands job send then home early because of "no work" (but works in a food warehouse 🤔), ALL bills paid, never late, Im pretty sure we are doing it just right. The only thing needed is MORE income. You are talking to a frugal queen. 😂 Sorry you have a stigma about people buying $100/pair of shoes for kids who will grow out of them in a month. You must know a lot of either financially stable people or just dumb. 😂 Plus our 12yr old wears a size 10 in men and I STILL find $10 shoes in Amazon groups I am in. 😂

[@tamarastone141]

@@shaniquawalthour6945 she pretty much stereotyped you because of your race. Period. That was just plain stupid. Anyways, husband will need to get a second job because yall need a lot more income. You may want to look into getting a work-from-home job to add to his income.

[@tamarastone141]

@@vickyandersen8660 your so ignorant how can you stereotype someone like that?!

[@shaniquawalthour6945]

@@tamarastone141 I actually joined a few survey panels and try to generate at least $20-$30/day. We have 4 kids from ages 1- 13 and I homeschool them so I do what I can in between. The market is crazy right now. Not sure if it will ever go down but we will get our forever home one day soon. I know it. 😊

[@GingerSpices]

How are people able to afford these $350,000+ homes that are popping up everywhere? Some are already sold with just the foundation on the ground. Are they really saving up all this money for a down payment or are they getting down payment assistance? Especially during during this pandemic?

[@kikoface9984]

Any videos on VA loan advantages or disadvantages?

[@DawnLogan614]

I live in Westerville. I can't believe someone making that income thinks they could buy a house here. Cost of living in Westerville is high. They should have tried South Columbus.

[@Nitro91]

Your best bet is wait until the market crashes which it will. the prices of houses and rent are unsustainable.

[@alexgonzalez472]

Lol the Pokémon background music

[@Steveyd_2018]

Seriously look at property taxes in New Jersey especially north jersey

[@emmanuelibarra1913]

Nuts. Wife and I have a 13,000 monthly income and live in a $375,000 home. No to being house poor!

[@davidcarranza4477]

Awesome videos! Can you make one on buying land to build?

[@MultiGoodriddance]

This scenario is all too common. My mortgage/taxes/insurance is less than 20% of take home and my budget is tight and that's with no car loans

[@victormannheim61]

Do a video on why black rock and other investment firms are buying all the houses

[@JavyVidana]

I did.

[@ashleykbarks]

I need to submit my financials to you and see if I can have you help me out. I am curious to see how much it changes as a single person. I imagine I would have to rent a room to someone to help me pay my mortgage, since I am not in a relationship and it doesn't seem like I will be in one for some time. I just people in relationships who are buying houses, rather than individuals on a single income. It seems very skewed towards people who have dual income. I just want the benefit of not having to pay extra every month to have a garage and a space for my cat, because you know, pet rent is a thing and I don't want to pay it, out of principle, when my cat child is an angel and they don't charge people for having kids. 😂

[@stephaniebattistoni1714]

I live in New Jersey. I'm pretty sure we have the highest property taxes. Struggling to find a home in Monmouth County. The decently priced houses are shacks.

[@keliahpreston791]

Sooooo glad you did Ohio! 😁 very informative thank you 😊

[@aznjazzer]

Yo, can we talk about that Pokémon bg music real quick? Fire 🔥