House hunting in California | Shopping for a $1.5M home

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  • Опубліковано 29 сер 2024

КОМЕНТАРІ • 95

  • @SiliconValleyGirl
    @SiliconValleyGirl  2 роки тому +10

    Don’t forget to follow me on Instagram - @linguamarina

    • @megsha...5735
      @megsha...5735 2 роки тому +1

      Hlo, i'm 19 year old girl aiming to start my own business but have some doubts and query in addition to i don't have any sort of guidance. If possible can i come in touch with you on instagram or your email

    • @onevilage888
      @onevilage888 2 роки тому +1

      No one will follow you to the lizard hole

    • @onevilage888
      @onevilage888 2 роки тому

      @@megsha...5735 no one cares

    • @megsha...5735
      @megsha...5735 2 роки тому

      @@onevilage888 not everyone is heartless some have heart of gold. And Sillicon Valley Girl is one of them. She is helping millions of people thats why i asked for help knowing she is so busy however just hoping she would see my comment and i don't feel bad if she donot reply because she is an business women, wife and a mother.
      And there are people who will follow you to snake hole also just to help. If u could not help please dont comment like this. This is negative words for those who are not selfish and have the heart of gold

    • @GOLEG11
      @GOLEG11 2 роки тому

      @ 01:24 thats a definitely 🇷🇺 squat pose ☝️😜

  • @rakeshresearch
    @rakeshresearch 2 роки тому +121

    Asking real estate agent whether to buy or wait is like asking a life insurance agent on getting life insurance or not…

    • @liviutimar
      @liviutimar 2 роки тому +3

      Exactly. And why would you say it’s a better hedge than stocks… he’s a real estate agent, of course he’ll say that

  • @MBisFrenchy
    @MBisFrenchy 2 роки тому +11

    I disagree with the agent, if the property is income producing it may be a good place to put your money in theory but the stock market you can cash out in a second. Also real estate prices agents always give the false hope prices will increase. An eviction and property damage can wipe away years of profit if dragged out like in NY. The main driver of income could be the potential increase in property value.

    • @Nigel_A15
      @Nigel_A15 2 роки тому +1

      Yeah, it was the most biased source you can get. If the worse happens and the market gets flooded with inventory, you are STUCK.

    • @Jacob-and-Liubov
      @Jacob-and-Liubov 2 роки тому

      Real estate has historically outperformed the S&P 500 on 20- and 30-year rolling periods.
      Eviction, property damage are the risks that the investor takes. Just like in any business. Depending on risk tolerance, investors would consider either high risk / high return or low risk / low return areas. Same rule applies to stocks: you can buy Coca Cola or Tesla. Two completely different strategies.
      Agents share the price projections based off what happened in the past. And even according to Google: ,,The average rate of appreciation in California came in at 6.77% annually over the 39 year time frame,,. It can vary from one county to another, but still. Real Estate is a great option for long-term investors who want to build generational wealth.

  • @rajatjadhav1061
    @rajatjadhav1061 2 роки тому +2

    Whoa you are in Irvine.... I recently started my internship here. Was right there 2 days ago in Irvine spectrum center. It's crazy!!! Learning English lessons for IELTS n TOEFL from your videos when I was way back in India to finally come in States and same city you are looking for your next home 🙈. Yeah it's hot here 🔥 but 3 months is fine, rest is gonna be heaven.

  • @jameschen2872
    @jameschen2872 2 роки тому +2

    Quail hill is really nice, but maybe out of your budget. I currently live in Irvine, and so glad you’re checking it out!

  • @JayEs31
    @JayEs31 2 роки тому +4

    Silicon Valley sucks. Why aren’t you looking in playa vista in LA? That is the PERFECT location for you. Near the LA tech scene. Much more exciting than Irvine. But it’s the clean aspects, planned community and you can be in the tech scene without driving…

    • @Jacob-and-Liubov
      @Jacob-and-Liubov 2 роки тому

      There is a Mello-Roos tax in Playa Vista which eats up a substantial part of your annual appreciation / cash flow. Same thing applies to most of the communities in Irvine.

  • @dangelusarussianchannel
    @dangelusarussianchannel 2 роки тому +6

    Hi Marina, I live in Manhattan Beach, La county. It’s a great place for your blog and I wish, one day you come here and I could help with something(showing places, views, sharing information etc). Have a great vacation

  • @lawrencemitchell5983
    @lawrencemitchell5983 2 роки тому +17

    I've recently looked at the relatively modest house I grew up in, located in Orange County 🍊 CA, it has a Zillow estimate over 1 million $ 😳. What the what 😵‍💫. Similar house here in Georgia (and prices here have risen quite a bit) is probably $250k. I don't know if we are headed for another housing bubble pop or not.....regional I suppose.

    • @Ricanchitown
      @Ricanchitown 2 роки тому

      It's been like that for a bit where have you been

  • @greentea3947
    @greentea3947 2 роки тому +6

    You know she's different when she just casually pull the "i saw this meme card" while discussing about economic state of the world and real estate investment

  • @sonyaemen7225
    @sonyaemen7225 2 роки тому +2

    It’s a very nice house to buy for 1,4M$. I live in France and for this price you can get an oldish apartment in Paris. So eventually it feels like the US is not that expensive

  • @vidademontanhista
    @vidademontanhista 2 роки тому +6

    Amazing house. But spend 20 years paying for it. I don't think it's a good investment.

  • @laurak8251
    @laurak8251 2 роки тому +1

    I live in west palm beach Florida and we also have a lot of condo/community style housing. It’s something that I really loved when moving from northern New Jersey

  • @TeenyTalks-t2u
    @TeenyTalks-t2u 2 роки тому +2

    I am happy and can't wait to see another house tour video soon 👍

  • @JonDoe-yc6uz
    @JonDoe-yc6uz 2 роки тому +1

    I would say the best place to buy a house in CA is in San Mateo or Marin county.
    If you think buying a house is too expensive in CA try buying in a up scale neighborhood in MIAMI

  • @Naturechannel2022
    @Naturechannel2022 2 роки тому +1

    It's always exciting to watch your new videos. Keep doing.... 💕 a lot of inspiration through your videos..

  • @katyakandratovich7333
    @katyakandratovich7333 2 роки тому +1

    Oh, I’ve been there like a month ago, but didn’t have much time to explore the area. My company’s HQ is located there, but I’m working remotely from NYC. But I definitely loved the vibe there.

  • @Ginger30161
    @Ginger30161 Рік тому +1

    We were looking at LA and Orange County as well. If you like Irvine, check out the other towns south of Irvine, like Laguna Niguel or Dana Point. You'll find that you can get more for your money than Irvine, and also have better weather, better views, and closer to the beach.

    • @SelfReflective
      @SelfReflective Рік тому

      If it's better why is it cheaper? It doesn't compute.

  • @suziesuzie74
    @suziesuzie74 Рік тому +1

    I live in heart of Silicon Valley (Palo Alto) . Have not seen a house under 2.5 millions around this town in a few years🤔 Actually they start more like swith 3 millions and up . 1.5 million house would be a real steal...

  • @karinapakhomova49
    @karinapakhomova49 2 роки тому +1

    'Selling Sunset' by Marina is like less drama, more real life 😁

  • @TheBlackManMythLegend
    @TheBlackManMythLegend Рік тому

    the miniature is awesome. So smiley :D

  • @canyonrun2565
    @canyonrun2565 2 роки тому +1

    Northwood is neighborhood you want to be in Irvine, no HOA, no Mello Roos, great high school and also not near the power lines, railroad, and the freeways.

  • @carensimon4236
    @carensimon4236 2 роки тому +6

    Mexico - huh? Move to Texas Hill Country and you will get an actual mansion for 1.5M. Think about what you are getting in Silicon Valley or even Florida, and what you are paying for it. With Zoom and Southwest Airlines (for when you must travel), as a young person that doesnt already own property, you are foolish to live in the valley or anywhere in CA. But guess you'd need to change your channel name.

  • @elgaruhe9535
    @elgaruhe9535 2 роки тому

    Marina, thank you for the great content! I recently moved to Warsaw. But the information that the agents gave was really useful for me

  • @nomadundercover3018
    @nomadundercover3018 2 роки тому +1

    Imagine if they lived somewhere cheaper, cut costs to a minimum (healthy but inexpensive food, used cars, few material items) and invested all that money in a diversified way: stocks, bonds, real estate, a little precious metals. One day everyone wishes they were more fiscally frugal.

  • @dianaivanova8523
    @dianaivanova8523 2 роки тому

    One of the most useful videos, i've ever seen, thank you!)))

  • @JP-xq7fo
    @JP-xq7fo 2 роки тому +1

    Should wait another 6 months especially in this market sh*t is going to hit the fan.

  • @plutobaby9996
    @plutobaby9996 2 роки тому +2

    Dude you’re not gonna cash flow in Cali lol you can break even if you’re lucky

  • @bittersweetua
    @bittersweetua 2 роки тому +5

    In other states you can buy 6-10 houses for that money and have positive cash flow on each of them. Buying anything in California as an investment isn’t very smart to say the least.

    • @diefennecfox395
      @diefennecfox395 2 роки тому +1

      True

    • @ngadao1579
      @ngadao1579 2 роки тому +2

      Not exactly. Let’s say you buy 10 properties at 150k each and that’s such a LOW end that rent would be less than $1,000. And not in a nice neighborhood. Please tell me where you can find a nice home for $150k in a nice neighborhood where rent is more than $1000. If you bought a home for $1.5 million in California, at the rate of the markets, in a few years it would be worth 2 million. So a few years you can get $500,000 profit of selling versus positive cash flow for 10 or so years to make that much.

    • @bittersweetua
      @bittersweetua 2 роки тому

      @@ngadao1579 there are plenty of homes in the Deep South, or states like Ohio, Indiana etc that you can buy for that money. Many people let them be rent out through section 8, where you can have your $1000 rent, sometimes even $1200(with the right amount of bedrooms). These homes also go up in price. You used to be able to find some of these homes for 60-80 thousand. Now it’s very very hard todo so.
      When you buy home in California, you are lucky if rent actually covers all your costs, many people have to still partially cover their mortgage, insurance,etc. That’s a negative cash flow. And when you see such a negative cash flow, I don’t know if prices in those areas will continue growing like that. So it’s really a gamble.
      My friend in Virginia bought her house for $100K few years ago, she fixed a few things, spent may be $40K-50K on the house and can now sell for 280K. Prices on cheaper homes all over the country rises too. You just need to do your research.

  • @Roz52
    @Roz52 2 роки тому +1

    There it is not expensive in relation to the earnings. Most people in Warsaw earn PLN 4,000 and a house in Warsaw costs PLN 3,000,000.

  • @rachelvasquez7826
    @rachelvasquez7826 2 роки тому

    In all honesty, I don’t think the California market will crash. Certainly prices have increased since pre-pandemic, but not at a rate that is out of proportion with US average appreciation over the past two years. I would predict that prices flatten for a few years and then resume appreciating at a rate of 3-5% annually per year.
    Also, if you decide to invest-I would strongly recommend that you buy a property that cash flows ONLY! I know, I know, it’s very hard to find a cash flowing property in California, especially the Bay Area, Los Angeles, and Orange County. But, I don’t think that this will be impossible in a slowing market. The market is slowing now, which means that investors can identify sellers that are motivated to sell their home at a discount.
    I’m much poorer than you lol, but I’m currently looking for an owner-occupied investment property (a triplex) in San Benito County (south of Santa Clara county).

  • @desimeecer8932
    @desimeecer8932 2 роки тому +1

    DEFINITELY wait.

  • @professordawson8020
    @professordawson8020 2 роки тому

    Its always fascinating seeing your videos, Hi Marina I'm Dawson

  • @francestan70
    @francestan70 2 роки тому +1

    You should look into Pasadena CA

  • @LM30GOAT10
    @LM30GOAT10 2 роки тому +1

    Great video hard work.

  • @allenjavier890
    @allenjavier890 2 роки тому +4

    move to austin texas is more cheaper than silicone valley

    • @olympus_drops5500
      @olympus_drops5500 2 роки тому +1

      Hell yeah duude. A person can also change country for the taxes.

  • @olympus_drops5500
    @olympus_drops5500 2 роки тому

    My source states that more than 250K people are leaving California for other states and some of it for other countries.

  • @SpencerHsu
    @SpencerHsu 2 роки тому +1

    Can't leave the Bay :) Or just one of your many homes!

  • @conquerordie230
    @conquerordie230 2 роки тому

    Real estate is generally a good way to diversify your investments, yes, but that doesn't mean that there aren't good times to buy and bad times to get into the market.
    Right now the market is coming off an historic high so it would pay to be prudent and patient when it comes to deal-making. Housing supplies are growing and prices are coming down, so right now there isn't this urgency to get a property like we saw during the pandemic lockdowns when interest rates were at historic lows and inflation was just beginning to be a persistent problem.

  • @rz475
    @rz475 2 роки тому

    You should look into New York City as well!

  • @LifeinGlow
    @LifeinGlow 2 роки тому

    love your real estate videos Marina ;) look forward to see what you will end up buying! Do you guys have a timeline when to invest?

  • @UshanBro
    @UshanBro 2 роки тому

    I love your channel

  • @luiscornejo1754
    @luiscornejo1754 2 роки тому

    the agents are not well informed about the economy lol. from trough to a matched peak does occur, but only in stocks lol.

  • @B.A.B.G.
    @B.A.B.G. 2 роки тому +1

    I thought you just bought a home? Is it just for investment?

  • @David-ey7xx
    @David-ey7xx 2 роки тому

    love Miami but market is way to high right now to buy

  • @hspwizard820
    @hspwizard820 2 роки тому

    Done

  • @daredare187
    @daredare187 Рік тому

    @ 1:24 Tickle Tickle Tickle!! WaaaWaaWaaaAhhAhh!!

  • @jamshidnikkerdar2074
    @jamshidnikkerdar2074 2 роки тому

    That's wonderful ❤

  • @studioberghold5013
    @studioberghold5013 2 роки тому +3

    Honestly I think that you haven’t look very well in the Bay Area. We have a lot of places like the one you are renting with coffee shops, grocery stores, etc. Those complexes are common in all the state of California. Your channel name is Silicon Valley Girl, look around here and you will see that there are a lot of communities like the one you are renting now.

    • @kushisharma5228
      @kushisharma5228 2 роки тому

      OC is much better weather than Bay Area
      Also OC and San Diego have the best beaches. Your ocean is useless

  • @Amaymay1000
    @Amaymay1000 2 роки тому

    Lake Mead anyone??!?

  • @familabegum2400
    @familabegum2400 2 роки тому +1

    Can i study 11th and 12th in uk from India without hesitation..??

  • @arseniy762
    @arseniy762 2 роки тому

    It's kinda weird. C'mon, you guys can talk on native language with Luibov.

  • @joseluismartinezpadilla371
    @joseluismartinezpadilla371 Рік тому

    I agree it’s a really good area but I don’t think that it’s better than going to Mexico cause as you said in your previous videos every single city/country has their own charm please don’t compare to Mexico. I like your videos that was just my opinion:)

  • @devdroid9606
    @devdroid9606 Рік тому

    You should put that $5-10 million cash from YT into a house. Anything under $5 mil won't be big enough for you and your expanding businesses.

  • @MattBuysHouse
    @MattBuysHouse 2 роки тому +2

    hi🦊

  • @sambankar5037
    @sambankar5037 2 роки тому +1

    I think u must try Las Vegas. It's pretty close to LA and SF. Also, taxes are comparatively quite low. U definitely might get a great place in 1.5M.
    May be u could check out Vegas.

    • @Ryan-ix6dt
      @Ryan-ix6dt 2 роки тому +2

      @@mercyandmarisolmosqueda1905 Its also hot as hell there!

  • @borrino83
    @borrino83 2 роки тому

    Especially if you hand them off the wall right? 🤣

  • @chillstudio545
    @chillstudio545 2 роки тому

    Superb

  • @jpkarthjk223
    @jpkarthjk223 2 роки тому

    Ms Marina please follow perfect here instead of best, thanks

  • @olimov5697
    @olimov5697 2 роки тому

    Are you really leaving Silicon valley

  • @jamshidnikkerdar2074
    @jamshidnikkerdar2074 2 роки тому

    So beautiful ❤

  • @canyonrun2565
    @canyonrun2565 2 роки тому +2

    Irvine is boring

  • @Roz52
    @Roz52 2 роки тому +1

    If I could buy a house in the USA it would be Miami of course

  • @user-iu4nn4nf6o
    @user-iu4nn4nf6o 2 роки тому +1

    8

  • @Suherminmak
    @Suherminmak 2 роки тому

    Btw Miami has Russian community there.

  • @user-iu4nn4nf6o
    @user-iu4nn4nf6o 2 роки тому

    Hoodie

  • @maya573
    @maya573 2 роки тому

    Hi

  • @razzorbolt4405
    @razzorbolt4405 2 роки тому

    Hello

  • @leticianunez6647
    @leticianunez6647 2 роки тому

    I'm in Laguna,como and visit, you'll love it❤❤

  • @user-iu4nn4nf6o
    @user-iu4nn4nf6o 2 роки тому

    Subtitles

  • @Nastiazik
    @Nastiazik 2 роки тому +1

    Hello from Moscow 🇷🇺😜

  • @arunnntej97
    @arunnntej97 2 роки тому +1

    Any Indians.??????????

  • @willwilliamson9580
    @willwilliamson9580 2 роки тому

    wow to buy a house in ca now of all times...not much of a thinker are you?

  • @greenlines1120
    @greenlines1120 2 роки тому

    I'm Dr Vayani and I'm Srilankan which country has deep economical crisis. But still dreaming to living here ❤️

  • @dominict2000
    @dominict2000 2 роки тому

    Move somewhere else

  • @jaydeepnandi8130
    @jaydeepnandi8130 2 роки тому

    Why are you bothered about grocery shopping ? you can buy them online and save cost, time and effort and focus on your core job.
    Covid has done some good things too ! It has accelerated the online business in leaps and bounds. Amazon is a 480Bn company now and racing with a exponential growth every year.