Maybe exploring other areas of buying a home/fixer upper? Engaging realtors.. price appraisals.. how do get an inspection done properly before purchase, and so forth? Thanks for the live session today.
I enjoyed this search watch along. I can’t even imagine the monthly mortgage up there in Canadia. I’m in Indiana where the cost of living is arguably the cheapest in the country, on par with northern Alabama. I feel stuck because of that too. Anywhere the wife & I end up going will be sticker shock for sure.
Honestly what id like to see is how can you avoid using realtors and all the extra costs associated with buying a house . BC is excessive in price its $1million + for a tear down that will only be worth 1.5 once you have put all the sweat equity in it . Be lucky to break even
@@haveyouflossedtoday of course you pay for the realtor when you buy . Its built into the price without the realtor you can easily save $50 k minimum off the price of the house . You can easily sign a contract without a realtor . They should of been automated years ago .
Just going to say I come back a Rewatch these again. They're so full packed of information. It's good to get another person's problems and solve them. As a beginner in the trades we're I can gain experience without actually doing. It's shaping my understanding. I keep grabbing tidbits here and there and put them together and create a Solver to my own problems.
It’s all about the location! If you find a fixer upper in a location that is safe, clean, and maintained. Those are hidden gems. Rare but they are out there. We bought a house 2 years ago. I’ve been following Jeff awhile for many of my DIY projects. Saved a lot of money! We shall see what my house sells for here soon. My family needs something bigger now. Send me some if you luck Jeff!
That’s the thing though. If it’s a “hidden gem” and “rare” then it’s not really the thing you should be telling everyone on the internet that they can go do. Jeff talks like everyone of us can go go flip five houses and retire with 2M in the bank but then it seems these deals are “rare”. So which is it? A ton of houses and a bunch of useless laypeople who can’t fix them that we can swoop in and make a killing? Or no supply to be had so your DIY skill don’t really matter? I’m not moving across the country to find a rare gem. That’s not an opportunity it’s a dream for highly open people to chase.
Ha guys one of the most inpatient parts about finding a home is the jobs market if you want to be shir your market is desirable try to stay within 30 min of where the jobs are.
I just purchased a house off the lake on the US side and it's totally a fixer upper and everything in this house needs to be re-done you should come stay with us for a few days and really help us out I know you'd love to fix things and I can sure use the help.
A year ago I bought a three bed two bath two story that was move in ready on a corner lot with a big back yard for 90,000. Original hardwoods in the living room and master bedroom along with almost all of the original trim on the main floor from 1910 with huge sliding double pocket doors going into the master About 1700 ft² with a big covered front porch
@@slejandroaanchez2071southwestern, Missouri. Most people cannot look past minor defects when looking for a property. So the key is to buy a place that needs a little bit of updating and you're golden. For example, if the house has an ugly color of paint and the cabinets are still golden oak straight out of 1980s, I hired somebody to repaint my entire house and the cabinets for like three grand and it changed the look of the entire house and brought it back to life. Probably increased the value and extra 20 grand just by paint and could have saved 1500 bucks by doing it myself. Just didn't have time. Flooring is relatively cheap. Paint is relatively cheap. Fixtures are pretty cheap. For around 7,000 you could have new flooring, paint fixtures and more and probably increase the value of a house by 40,000 just with that little bit of work. The vast majority are looking for a place that they can move in immediately without having to do anything. But as long as you're willing to do a small amount of work before moving in, you can get into housing much Much cheaper. And seeing is how you're watching. Jeff, you probably don't mind doing a little bit of work
I am living in my fixer upper. In a small town in Oklahoma. Roof was shot with 4 layers on it (2 cedar shake and 2 asphalt) and no sheathing just 1X4 slats, water supply lines were shot and wonky (water heater was plumbed backwards and the lines randomly went between steel, cpvc and pvc -- replaced them all with PEX from the meter), only had a 100 amp service and still had power running on knob and tube lines (swapped the outdoor panel with a 200 amp shutoff and the panel was swapped for a 200 amp service), tons of issues with the floors and walls (one section the foundation was drooped in the corner by 2.25 inches (raised that up with a couple floor jacks and a bottle jack after attaching some 2X4's to the studs in that corner), and did I mention ZERO insulation in the house at all? It's been a ton of work but got a lot of issues fixed and still working on it. The downstairs is now insulated and I furred the 2X4's to get closer to a 2X6 cavity so I could stuff R19 in and then capped it with R10 foamboard which is sealed down and to adjacent panels as well. Most of the roof is replaced though I have more to do still since I am not a roof rat and would rather not be up there in winds about 15mph and prefer to stick below 10mph and need 4 or 5 days of good weather to get a section done. Got most of the electrical replaced and only have some knob and tube running two lights and when I put in the new panel those circuits went on AFCI/GFCI breakers that I am going to reuse for wet locations and bedrooms. Still have to replace all the windows but I want to build my own (I know I could buy them but I hate aluminum windows and I refuse to install vinyl since I know they start to fall apart after a few years in this area plus I want triple pane). And eventually I will replace the sandstone/rubblestone foundation with a poured concrete one not to mention all the sidewalks are shot so I will replace those as well. There is actually a big house right next door I would love to get as well but it's in even worse shape, at some point someone gutted it but left a pile of lath and plaster in the middle of the downstairs, the vinyl siding is falling apart and the roof is in bad shape as well. All of the electrical has been stolen along with anything else of value. Oh and the back porch is falling in as the foundation in that section is junk so it needs to all be removed and replaced. Have a few other places nearby that are in rough condition as well I would love to get but not sure how I will make that all happen either.
We are in in Florida with a house on the water with a dock, boat lift, pool we can use all year, 2 car garage, 3 BR in a golf course community and palm trees for about $500k.
Houses in my area (North Hollywood) range from $850k~$1M. If you wanna get a place in a “better” area like Burbank you better be prepared to write a nice Love Letter and pay more than the asking price to beat the other offers.
For Houston -- Hurricane Harvey. You need to make sure the house was not previously flooded. Houston has always been relatively affordable with well paying jobs (since the 80's at least). Texas has high property taxes.
I lived in Florida for 23 years I spent the last 15 searching for a house and I could not afford one on my salary but I had to end up moving to New York to buy a house that I can afford that's nice.
Jeff, you should do a video from the time purchased of the fixer upper. With clips of all the updates to the selling process. We would love to see you cash in to get some inspiration!
For screen sharing I recommend you put the video of you in a little circle on top of the shared screen. (instead of split screen) many examples of this on youtube and it works great.
450K you can buy our house. 3 min from golf and 12 minutes from the beach. New sheet rock and paint. DIY'er dream. New flooring throughout. 1200 sq ft. Eastern NC.
I only work through an experienced Listing agent. Next I MUST know the real reasons for selling the house TODAY! This is as important to me as LOCATION. Condition is important but must have "Good bones".
I am thinking of buying a house in New England that was built around 1900? Am i missing anything? 1) get a engineer to ensure the foundation is solid 2) secure outside (replace roof, siding and windows) 3) gut the inside (me) 4) come up with a redesign 5) replace all electrical and plumbing 6) sheetrock (me) 7) bathroom and kitchen (me) my estimate for renovation is $200K..... am i close?
Asbestos and lead paint, repointing and permits. Solar panels with reroof. I have an email architect I used to redesign my house, I had measure and send him the rooms and he did the floor plan and furniture placement. Let me know if you need his email.
I know of a semi-fixer upper property for sale in Canon City, Colorado if anyone's interested. 3/4 acre almost, has its own well, duplex with attached storage and detached garage. Has a semi-finished basement. House is around 100 years old, new stucco. Gramps was a contractor and spent his free time fixing it up till deer + car... There's a few bigger things, like attic fan and or AC and whole house RO filter that would be nice, but as it is it's perfectly livable and you can rent out the other unit. Currently asking $324, but I think that's a bit low.
49:06 so my problem isn't the sub floor. But someone cut the cross boards that help keep the joists from moving sid to sid in one area. Im assume that's why my joists are bowed and making my floors look wavy. Its a 1" dip. So I'm going to laminate with half inch plywood. Just checking to make sure that's not a problem. It was suggested in various videos for similar problems. It is a osb bord so no issues with particl bord.
@@Brodmann312 same in East Central IL, though we’ve got our enclaves of McMansions and the occasional Architecture Digest wannabe. Heck, I live a few blocks away from the Garvey House, a zany round house built for a music professor and his wife that’s designed around the living room/performance space in the middle, and that went for under $190K a while ago.
San Bernadino County isn't necessarily in the Los Angeles area. Those homes are in the desert and at least an hour from Los Angeles. Real Los Angeles properties start at a million dollars.
I've been watching for some time now and love the videos. Can you help with this one. What type of fixings should I use to secure my shower screen through PVC wet wall into plasterboard? Please HELP!!!!
Yeah. 2600 a month. I don’t even make that much. I’m single but even if I had a partner who makes what I make that’s still half our income just for the mortgage. Not even all bills, utilities, and taxes. Just the mortgage. That’s a financially responsible way to live? I’m out here in the Midwest with 100k saved up and still probably couldn’t get a loan for 300k with great credit. So when Jeff says buy something cheap. Where am I supposed to find this mythical $150k single family home? Do I need a delorian to go back 15 years? Or perhaps I should just double my salary somehow.
That's exactly what I did Jeff ! Turned the power off ( safety 1st 40:52 ) Tore a whole at eye level between a tiny master and a very tiny sewing or 4th BR and we had a clear view of a beautiful Master BR for us with a small deck overlooking the woods out the tiny room. ❤ So quiet and Romantic , It was the best just before dawn every morning *.
Hello Jeff, I am just about to finish this year long carpentry school. Thinking of starting up closet cabinet/ custom closet/ trim small business? What are your thoughts and advice? Thank you sir!
@@Whatorwellsaid21 I lived in Florida for 23 years and ended up having to move to a very liberal Northeastern state to afford to buy a house. A 1300 ft² home in Florida with no basement no upstairs no yard/property is $450k and up, you can get in the northeast a basement and upstairs a ground level 20, ft² home for 225k
@@micahv9365 Florida, hot sticky buggy. Nice for a week vacation. 23 years was way too long lol. Average 20 perfect days a year. I love the north east.
Yeah that never gets talked about in these videos. It’s just like “have two income family or work the hours of two people and then you can buy a house in the ghetto.” Housing cost compared to AVERAGE salary is what matters. 50k salary means houses should be 150 to 200. If houses are gonna be 400 then average salary needs to double as well. That’s what “affordable” would mean.
Comparing a modular home to a traditional stick built home is BS. Modular homes are more comparable to an RV than a house. Modular homes go down in value over time. The only time that isn’t the case is when the land underneath it goes up in value faster than the trailer goes down. And that’s IF you own the land, most modular homes in the US are placed on rented land in modular home parks. Please stop telling people that they are an investment. You wouldn’t tell someone to buy a Class A motorhome as an investment, don’t buy a trailer as an investment.
With all the corporations buying up the parks the rent is now out of control. I would love to know what his HOA fees are yearly. They can be over 20K at some places.
I know right? Just because it’s the “reality” doesn’t mean it’s “affordable.” The average person can technically afford a loan of 150k. So that plus your savings is all you can get. 2600 a month means you better be making 110k a year. So it’s barely affordable with two average people with no kids. Everyone else, not so much.
@@CarlYota no. Its because everyones saving for their dream house. If you get a house similar to your current rental home, its very likely that your mortgage will be lower than your rent. Then you build equity from that to get better house in the future.
I love your show and have renovated a lot of my home by myself. I have a question that has nothing to do with this topic. I bought a brand new HVAC unit 2- years ago. The compressor went out on it. The parts are under warranty for 10 yrs. They want to charge me $900 for labor and refilling it. I payed $6,000 for it 2 yrs ago. What should I do? I live in North Alabama. Thank You for your show!
Contact a manufacturer of your system . They may cover labor cost in such situation usually they do , if a system was installed through their dealers . If they do not, choose a contractor with a labor warranty to replace a part but you have to pay
(1) Nobody can afford to live in California unless you have a two-person household and each is making more than $100,000 a year, period. (2) No child-bearing age woman or LGBTQ person would willingly move to Texas unless they're sadists; (3) Families are leaving Florida in droves because of the fascist laws that have been passed down there (strict abortion laws, banned books removed from schools and libraries, teachers treated like criminals if they say the word "gay", impossibly expensive home owners insurance due to increasingly destructive hurricanes, flooding, etc., and continue to flow out of the "Republican" controlled state there. Add to that increasingly destructive storms and violent weather events due to global climate change along with increasing salination of fresh water supplies and ocean rise - heck no! Only very wealthy elderly people are now willingly moving to Florida, but in a couple of years they won't have anybody left down there to take care of them when they have to go into nursing homes or try to hire nurses for in-home care. (4) Alabama - oh my. If you knew anything about Alabama, you would never even consider buying a property there.
What topic do you want me to cover on the next live show? What do you want to see in our next live?
Maybe exploring other areas of buying a home/fixer upper? Engaging realtors.. price appraisals.. how do get an inspection done properly before purchase, and so forth? Thanks for the live session today.
I enjoyed this search watch along.
I can’t even imagine the monthly mortgage up there in Canadia.
I’m in Indiana where the cost of living is arguably the cheapest in the country, on par with northern Alabama. I feel stuck because of that too. Anywhere the wife & I end up going will be sticker shock for sure.
Honestly what id like to see is how can you avoid using realtors and all the extra costs associated with buying a house . BC is excessive in price its $1million + for a tear down that will only be worth 1.5 once you have put all the sweat equity in it . Be lucky to break even
@@samoday2992The buyer does not pay the Realtors. The seller does. Working without a Realtor is akin to going to court without a lawyer.
@@haveyouflossedtoday of course you pay for the realtor when you buy . Its built into the price without the realtor you can easily save $50 k minimum off the price of the house . You can easily sign a contract without a realtor . They should of been automated years ago .
Just going to say I come back a Rewatch these again. They're so full packed of information. It's good to get another person's problems and solve them.
As a beginner in the trades we're I can gain experience without actually doing. It's shaping my understanding. I keep grabbing tidbits here and there and put them together and create a Solver to my own problems.
It’s all about the location! If you find a fixer upper in a location that is safe, clean, and maintained. Those are hidden gems. Rare but they are out there. We bought a house 2 years ago. I’ve been following Jeff awhile for many of my DIY projects. Saved a lot of money! We shall see what my house sells for here soon. My family needs something bigger now. Send me some if you luck Jeff!
That’s the thing though. If it’s a “hidden gem” and “rare” then it’s not really the thing you should be telling everyone on the internet that they can go do. Jeff talks like everyone of us can go go flip five houses and retire with 2M in the bank but then it seems these deals are “rare”. So which is it? A ton of houses and a bunch of useless laypeople who can’t fix them that we can swoop in and make a killing? Or no supply to be had so your DIY skill don’t really matter? I’m not moving across the country to find a rare gem. That’s not an opportunity it’s a dream for highly open people to chase.
Ha ha I know where that Rialto house is! I'm here in Colton and renovation my house in Colton built in 56. Thanks for all you do
I like the band-aids
Ha guys one of the most inpatient parts about finding a home is the jobs market if you want to be shir your market is desirable try to stay within 30 min of where the jobs are.
I just purchased a house off the lake on the US side and it's totally a fixer upper and everything in this house needs to be re-done you should come stay with us for a few days and really help us out I know you'd love to fix things and I can sure use the help.
A year ago I bought a three bed two bath two story that was move in ready on a corner lot with a big back yard for 90,000. Original hardwoods in the living room and master bedroom along with almost all of the original trim on the main floor from 1910 with huge sliding double pocket doors going into the master About 1700 ft² with a big covered front porch
This in WV or backwoods VA or something?
Where did you buy/find at that price if you don't mind me asking..!?
@@slejandroaanchez2071southwestern, Missouri. Most people cannot look past minor defects when looking for a property. So the key is to buy a place that needs a little bit of updating and you're golden. For example, if the house has an ugly color of paint and the cabinets are still golden oak straight out of 1980s, I hired somebody to repaint my entire house and the cabinets for like three grand and it changed the look of the entire house and brought it back to life. Probably increased the value and extra 20 grand just by paint and could have saved 1500 bucks by doing it myself. Just didn't have time. Flooring is relatively cheap. Paint is relatively cheap. Fixtures are pretty cheap. For around 7,000 you could have new flooring, paint fixtures and more and probably increase the value of a house by 40,000 just with that little bit of work. The vast majority are looking for a place that they can move in immediately without having to do anything. But as long as you're willing to do a small amount of work before moving in, you can get into housing much Much cheaper. And seeing is how you're watching. Jeff, you probably don't mind doing a little bit of work
@@slejandroaanchez2071 “not in the SW USA.”
I am living in my fixer upper. In a small town in Oklahoma. Roof was shot with 4 layers on it (2 cedar shake and 2 asphalt) and no sheathing just 1X4 slats, water supply lines were shot and wonky (water heater was plumbed backwards and the lines randomly went between steel, cpvc and pvc -- replaced them all with PEX from the meter), only had a 100 amp service and still had power running on knob and tube lines (swapped the outdoor panel with a 200 amp shutoff and the panel was swapped for a 200 amp service), tons of issues with the floors and walls (one section the foundation was drooped in the corner by 2.25 inches (raised that up with a couple floor jacks and a bottle jack after attaching some 2X4's to the studs in that corner), and did I mention ZERO insulation in the house at all?
It's been a ton of work but got a lot of issues fixed and still working on it. The downstairs is now insulated and I furred the 2X4's to get closer to a 2X6 cavity so I could stuff R19 in and then capped it with R10 foamboard which is sealed down and to adjacent panels as well. Most of the roof is replaced though I have more to do still since I am not a roof rat and would rather not be up there in winds about 15mph and prefer to stick below 10mph and need 4 or 5 days of good weather to get a section done. Got most of the electrical replaced and only have some knob and tube running two lights and when I put in the new panel those circuits went on AFCI/GFCI breakers that I am going to reuse for wet locations and bedrooms. Still have to replace all the windows but I want to build my own (I know I could buy them but I hate aluminum windows and I refuse to install vinyl since I know they start to fall apart after a few years in this area plus I want triple pane). And eventually I will replace the sandstone/rubblestone foundation with a poured concrete one not to mention all the sidewalks are shot so I will replace those as well.
There is actually a big house right next door I would love to get as well but it's in even worse shape, at some point someone gutted it but left a pile of lath and plaster in the middle of the downstairs, the vinyl siding is falling apart and the roof is in bad shape as well. All of the electrical has been stolen along with anything else of value. Oh and the back porch is falling in as the foundation in that section is junk so it needs to all be removed and replaced. Have a few other places nearby that are in rough condition as well I would love to get but not sure how I will make that all happen either.
We are in in Florida with a house on the water with a dock, boat lift, pool we can use all year, 2 car garage, 3 BR in a golf course community and palm trees for about $500k.
Houses in my area (North Hollywood) range from $850k~$1M. If you wanna get a place in a “better” area like Burbank you better be prepared to write a nice Love Letter and pay more than the asking price to beat the other offers.
For Houston -- Hurricane Harvey. You need to make sure the house was not previously flooded. Houston has always been relatively affordable with well paying jobs (since the 80's at least). Texas has high property taxes.
700 HOA here would be a god send!
Ayyyyy Houston TX !!! We made it !!! But please stop moving here ! 🤣
K thanks
- sincerely,
Texas
I lived in Florida for 23 years I spent the last 15 searching for a house and I could not afford one on my salary but I had to end up moving to New York to buy a house that I can afford that's nice.
Jeff, you should do a video from the time purchased of the fixer upper. With clips of all the updates to the selling process. We would love to see you cash in to get some inspiration!
Your a good guy!
For screen sharing I recommend you put the video of you in a little circle on top of the shared screen. (instead of split screen) many examples of this on youtube and it works great.
I'm still wondering when Seattle market gets looked at. 😮
450K you can buy our house. 3 min from golf and 12 minutes from the beach. New sheet rock and paint. DIY'er dream. New flooring throughout. 1200 sq ft. Eastern NC.
I only work through an experienced Listing agent. Next I MUST know the real reasons for selling the house TODAY! This is as important to me as LOCATION. Condition is important but must have "Good bones".
I would definitely google "Sink Holes" geographic map of Florida. Also, building codes changed after Hurricane Andrew in 1995.
Love Sarasota 💘 Siesta Key #1 beach in USA will retire there one day
I am thinking of buying a house in New England that was built around 1900? Am i missing anything?
1) get a engineer to ensure the foundation is solid
2) secure outside (replace roof, siding and windows)
3) gut the inside (me)
4) come up with a redesign
5) replace all electrical and plumbing
6) sheetrock (me)
7) bathroom and kitchen (me)
my estimate for renovation is $200K..... am i close?
Asbestos and lead paint, repointing and permits. Solar panels with reroof. I have an email architect I used to redesign my house, I had measure and send him the rooms and he did the floor plan and furniture placement. Let me know if you need his email.
I'm also curious as I'm considering something from 1960s
@@Alr8Baba get an INTERNACHI house inspector
@@Hello-zf5lq I'm interested!
I know of a semi-fixer upper property for sale in Canon City, Colorado if anyone's interested.
3/4 acre almost, has its own well, duplex with attached storage and detached garage. Has a semi-finished basement. House is around 100 years old, new stucco.
Gramps was a contractor and spent his free time fixing it up till deer + car...
There's a few bigger things, like attic fan and or AC and whole house RO filter that would be nice, but as it is it's perfectly livable and you can rent out the other unit.
Currently asking $324, but I think that's a bit low.
Jeff, property size is 1,679 sq.ft
It shows right there next to the price
49:06 so my problem isn't the sub floor. But someone cut the cross boards that help keep the joists from moving sid to sid in one area. Im assume that's why my joists are bowed and making my floors look wavy. Its a 1" dip.
So I'm going to laminate with half inch plywood. Just checking to make sure that's not a problem. It was suggested in various videos for similar problems. It is a osb bord so no issues with particl bord.
Dang I really wanted to see this cause I have questions about getting a fixer upper.
Here in NW Iowa $150,000.00 will get you a fairly big house with multiple bedrooms & bathrooms.
Same here in central IL.
@@Brodmann312 same in East Central IL, though we’ve got our enclaves of McMansions and the occasional Architecture Digest wannabe. Heck, I live a few blocks away from the Garvey House, a zany round house built for a music professor and his wife that’s designed around the living room/performance space in the middle, and that went for under $190K a while ago.
San Bernadino County isn't necessarily in the Los Angeles area. Those homes are in the desert and at least an hour from Los Angeles. Real Los Angeles properties start at a million dollars.
I've been watching for some time now and love the videos. Can you help with this one. What type of fixings should I use to secure my shower screen through PVC wet wall into plasterboard? Please HELP!!!!
Calls $385,000 dirt cheap… Jeff is definitely from the GTA.
Any Home under $400k is almost free.
@@onecoolstorybro where do you live? I live in a Tennessee and just sold an amazingly nice house for 255k.
@@timothyschreiber8338 Nice! Alas, Canada. No inventory here.
@@onecoolstorybro I got you. It sounds like the market there is similar to California.
Yeah. 2600 a month. I don’t even make that much. I’m single but even if I had a partner who makes what I make that’s still half our income just for the mortgage. Not even all bills, utilities, and taxes. Just the mortgage. That’s a financially responsible way to live? I’m out here in the Midwest with 100k saved up and still probably couldn’t get a loan for 300k with great credit. So when Jeff says buy something cheap. Where am I supposed to find this mythical $150k single family home? Do I need a delorian to go back 15 years? Or perhaps I should just double my salary somehow.
That's exactly what I did Jeff ! Turned the power off ( safety 1st 40:52 ) Tore a whole at eye level between a tiny master and a very tiny sewing or 4th BR and we had a clear view of a beautiful Master BR for us with a small deck overlooking the woods out the tiny room. ❤ So quiet and Romantic ,
It was the best just before dawn every morning *.
The answer to the concrete basement and cat pee is liquid plastic paint like it is used on balconies or swimming pools. Just wipe the pee down.
Why do people live in these trashy areas anyway? Over 380k for a boarded up garbage! Move to NC or VA and you’d live like a king for that amount 😂
Hello Jeff, I am just about to finish this year long carpentry school. Thinking of starting up closet cabinet/ custom closet/ trim small business?
What are your thoughts and advice?
Thank you sir!
I had to move from Florida to New York to be able to afford to buy a house.
Ha some one has put up time stamps it a good ranking feature for Google to ues.
Florida over crowded, too much traffic, too expensive, and you get nothing back in return.
You get hurricanes
I assume you don’t live in FL. If you do, please leave. Definitely crowded.
@@Whatorwellsaid21 I lived in Florida for 23 years and ended up having to move to a very liberal Northeastern state to afford to buy a house. A 1300 ft² home in Florida with no basement no upstairs no yard/property is $450k and up, you can get in the northeast a basement and upstairs a ground level 20, ft² home for 225k
@@4vinylsound I bet the weather there is beautiful 🤩
@@micahv9365 Florida, hot sticky buggy. Nice for a week vacation. 23 years was way too long lol. Average 20 perfect days a year. I love the north east.
I live in the city of the house in the thumbnail! You can come here and show my house filled with cautionary tales of poor renovations!
You have no idea how wages have stagnated here south of the Canadian border in the last 50 years.
Canadian wages are terrible too. $70k is only about $50k us . If your average house is $1 mill you have a huge problem
Yeah that never gets talked about in these videos. It’s just like “have two income family or work the hours of two people and then you can buy a house in the ghetto.” Housing cost compared to AVERAGE salary is what matters. 50k salary means houses should be 150 to 200. If houses are gonna be 400 then average salary needs to double as well. That’s what “affordable” would mean.
Comparing a modular home to a traditional stick built home is BS. Modular homes are more comparable to an RV than a house. Modular homes go down in value over time. The only time that isn’t the case is when the land underneath it goes up in value faster than the trailer goes down. And that’s IF you own the land, most modular homes in the US are placed on rented land in modular home parks.
Please stop telling people that they are an investment. You wouldn’t tell someone to buy a Class A motorhome as an investment, don’t buy a trailer as an investment.
With all the corporations buying up the parks the rent is now out of control. I would love to know what his HOA fees are yearly. They can be over 20K at some places.
Hi Jeff, I’m retiring in two years and want to split the time between San Antonio and Calgary. What is good options for both areas?
Mexico 🇲🇽
What your not takkkking about is what kind of loan you get for this fixer upper ? Investment property loan personal loan ect
That house on Gretna in Brampton sold for $100,000 over asking lol 😖😖
Florida is kool and all but the insurance costs are forcing people to sell.
I just don’t understand the Canadian market. It effen COLD up there and prices are so high! Just doesn’t make sense.
Love the program ! Thx professor Jeff. How did I miss a live stream:-(
What about the money conversation with America and Canada
Man, i think the majority of toledo, ohio is pre 1974😅
$2600/month affordable? Yikes.
Yea - just a reality these days. Pretty decent mortgage.
I know right? Just because it’s the “reality” doesn’t mean it’s “affordable.” The average person can technically afford a loan of 150k. So that plus your savings is all you can get. 2600 a month means you better be making 110k a year. So it’s barely affordable with two average people with no kids. Everyone else, not so much.
What happened to Seattle??!
Buying a house is so intimidating but once you buy one you wonder why the fuck you been paying rent all this time.
Because you don’t have enough money down to make your mortgage payment on a decent house 28% of your gross income. That’s why.
@@CarlYota no. Its because everyones saving for their dream house. If you get a house similar to your current rental home, its very likely that your mortgage will be lower than your rent. Then you build equity from that to get better house in the future.
So bad i missed this livestream
How can anyone afford to buy a house in Canada?
Property taxes and home owners insurance in Florida will send you running for the hills.
When youtube and greed take over your life, your children and wife pay the price.
I love your show and have renovated a lot of my home by myself. I have a question that has nothing to do with this topic. I bought a brand new HVAC unit 2- years ago. The compressor went out on it. The parts are under warranty for 10 yrs. They want to charge me $900 for labor and refilling it. I payed $6,000 for it 2 yrs ago. What should I do? I live in North Alabama. Thank You for your show!
Contact a manufacturer of your system . They may cover labor cost in such situation usually they do , if a system was installed through their dealers . If they do not, choose a contractor with a labor warranty to replace a part but you have to pay
Better brush up on your spanish and gang affiliation identification abilities in Southern California.
(1) Nobody can afford to live in California unless you have a two-person household and each is making more than $100,000 a year, period. (2) No child-bearing age woman or LGBTQ person would willingly move to Texas unless they're sadists; (3) Families are leaving Florida in droves because of the fascist laws that have been passed down there (strict abortion laws, banned books removed from schools and libraries, teachers treated like criminals if they say the word "gay", impossibly expensive home owners insurance due to increasingly destructive hurricanes, flooding, etc., and continue to flow out of the "Republican" controlled state there. Add to that increasingly destructive storms and violent weather events due to global climate change along with increasing salination of fresh water supplies and ocean rise - heck no! Only very wealthy elderly people are now willingly moving to Florida, but in a couple of years they won't have anybody left down there to take care of them when they have to go into nursing homes or try to hire nurses for in-home care. (4) Alabama - oh my. If you knew anything about Alabama, you would never even consider buying a property there.