What $1,000,000 Buys You In California
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- Опубліковано 28 вер 2024
- Here's my thoughts on @ShelbyChurch - House Hunting In Los Angeles - What $1 Million Gets You in 2024 - Enjoy! Original video here: • House Hunting In Los A... | Add me on Instagram and Snapchat: GPStephan
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My Midwestern brain cannot comprehend spending $1.2 mil and that's all you're getting... I'm so happy I have no desire to ever live somewhere like LA.
Fr
My thoughts exactly, for a million where I'm at, you could build brand new and get more than 4,000 square feet easy.
It is almost the same as Toronto. World is crazy.
I live in Madison Wisconsin make a great living here and still think housing is expensive. I can’t imagine living on the west coast.
CA is not just SF, LA or SD. It’s a fairly large state with many affordable smaller cities and towns. I live in SF Bay Area which is even more expensive than LA. But I am planning on retiring in sacramento suburbs. I can get a nice 4/2 2000 sq ft home on half acre lot for 800k in a town like Roseville or Rocklin!
6.5% unlocks buyers. 4.5% unlocks sellers. That's quite a spread. Within that spread it's entirely possible for prices to grind even higher.
Good point
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
Face book
Google " katefxfloretta " anywhere take classes to learn to trade.
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
You should go home hunting with her and that would be great content. Newbies vs Pro.
and bring Meet Kevin too
It’s always funny how they say a million plus like it’s 100k
$1 million house is a fixer up. That’s kind of funny.😂😢
I saw Shelby's video and I'm actually looking for something pretty similar. Glad to get the Graham take as well.
1.2 to look out the window at a white wall lol no thanks
To be fair , for the same price there is apartments that have really good views even in the nice towns like Malibu but they are very hard to find and people are already living in them.
I just finished watching a John Oliver video where he jokes about how people under 35 will never own a home, and then I see this title and it only confirms my dread of what I can afford (California or not)
You can get a nice home for $100k or under once you leave the overpriced dangerous costal cities.
@@NN-pe6ipThat’s why they’re known as “costal cities,” due to their cost. I prefer coastal cities.
graham! you should go to LA and look at houses with Shelby
I pay $430 / month in HOA fees down in San Diego on a small condo unit. Next month we have to pay an extra $252 on top of the monthly fee because apparently they didnt save enough to pay the water bill?? Fk HOAs man. They don't do sht.
If you add in property tax and interest you might as well just rent
Don’t forget wood paneling on the walls and carpet over hardwood floors
We would love to see your reaction on car garages like shmee’s , dde‘s . Talking about cost to maintain , own , how much will it cost to own love your effort
I saw her video already, but it’s great to also watch your reaction to the video :)
1m for a townhouse/condo eek
I live in Los Angeles and rent. The housing is CRAZY! The weather is hard to beat though 🤷🏾♂️
Tesla in Europe offers now 0% leasing :o
DR Horton just built some housing in Murietta and no HOA. So there is new land being developed, same in Porter Ranch with Toll Brothers but that has HOA. Price in Murietta is $700's while Toll Brothers in Porter Ranch is $2-3 million (used to be an around a mill maybe 3-4 years ago). You want to make it nice just for yourself to live in, but don't expect to get the money back vs. doing nothing as it will appreciate anyway.
Really surprised a developer didn't force an HOA
like these opinion vids on real estate, good perception as always Graham
Just here for the comments regarding 'where is the 20 cent iced coffee'?
I saw that lol did he purchase a starbucks!?
All the California plates I see up here in Portland Oregon signify that $1 million buys you a much better way of life. Great upload, *Fiola!* 🤗
I'm in San Diego. I'm seeing lot of things being torn down to make way for apartments and condos. I hate it.
The other solution is to move out of that sh*** hole , 1.2 mil for an apt is ridiculous on top of having to pay a lot of money on state tax.
Im just happy where I am at. Living in Boston would be nice but lifestyle inflation will eat away our income with no room for investment opportunities
Just to point out, the mirrors look to get natural light to the inner hallways which I would like.
good video. however, you forget to mention that anywhere in west los angeles is a total overcrowded slum. i grew up in Los Feliz and will never live there again. I - unfortunately - drove through west side often in the '90s and early '2000's to visit customers. i absolutely HATE anywhere in this area.
Recession job losses will bring deals
Who is going to buy more houses? When less and less people qualify for mortgage each year
Jefferson park goes up and down a lot it’ll be a while longer for it to fully turn. If you have a million I’d go to glassell park and highland park area. What do I know though only flip a dozen houses a year
everybody has a plan until they get punch in the face - mike tyson
If was in LA, I would move!!!!
It could "unlock" inventory, but wouldn't that just create more buyers in the sense that sellers also become buyers anyway? And that's buyers flush with cash/appreciation in the home they had with low interest rates...which would still prevent any current hopeful finance buyers from getting their foot in the door...or am I missing something??
Graham and Andre are the best buyers of properties.
Still liking'
Thanks!
With the way things are going in CA buying property here especially to be a landlord isnt the smartest decision.
You cannot change the layout of the unit. Classic 1960s. Unit is dark
Nearly every house in LA is a fixer upper. Los Angelenos only like to remodel their homes if they want to sell or flip, which is also rare. Rooves? Many are originals and have never been replaced. Plumbing? Never been replaced. Landscaping? They still use grass and 60's style with no desert landscaping. HOA fees, don't get me started. Ridiculous.
Rates going down probably will happen as unemployment goes up. No idea if sellers or the buyers will be out numbering which.
Here super early on accident I’ll take it
Welcome!
❤❤❤
Great video
as a reatlor it is mind boggling why it so much! if the economy crashes these inflated mortgages will result in negative equity.
Graham, please dont let Shelby do this! ❤
Graham, can you please talk about longevity and age reversal that scientists are working on? I think people should invest in this industry. a world without death is nicer and prettier for sure. Please do us a favor and talk about it. thank you
Can you do a video going over the math on profits from selling in California?
California abides by the irs exclusion rule, so you don't owe tax on the first 250,000 dollars if single and 500,000 if married filing jointly.
Shelby is a Queen.
"a bit of a fixer" .... argggg
So, many reasons to leave Ca...it's been completely ruined.
Graham is correct. This buyer is out of her mind.
Being honest...all these people say leave California that solves all your problems...but where to is the question?..you start breaking it down and it's harder than you think..sure things are cheaper in other places..but you also get paid a lot less..taxes are crap here for sure..but man California is a very beautiful state and is hard to match..idk its not that cut and dry
Hah, I got my dream condo for a 5th of that in Michigan
The places she toured looked nice but a million dollars is crazy to just invest on a project
No
Graham are you moving back to CA?
I don’t think her daddy is gonna give her the money. 🤷♂️
We see the watch buddy 🤦♂️
Jefferson Park is still surrpunded by a horirble ghetto.
There are many areas across the city that are rough. The valley, there a few by mar vista palms , the harbor area
The fact that you can get a 2/2 in WeHo for under $1mm, let alone a penthouse... makes me really wish real estate was anywhere near that cheap in NYC.
ha, the house i grew up on Sunset blvd in Hollywood my dad bought for 2400 bucks in 1942. Its 1.2 million now. My house i bought for 187,800 in 94 in Laguna Beach is now 1.2 million.
In Sanfransicko it’ll get you a studio apartment with a large HOA fee
DID YOU BUY COFFEE??? are you okay???
Hey graham hope all is well with the world’s busiest man! lol just staying top of mind so you’ll check out the message and site I made you bro 🙏🏽
Just responded! Love it!
@@TheGrahamStephanShow thanks Graham! Already made those updates and responded back 👍🏽
Clearly she knows you’re doing this sighhh
She’s skipping steps in life
Hey Graham, I tried contacting you once more at both emails regarding the discord, but I guess neither went through. I've sent both my address and the discord info to Jack, so you can get that info from him if needed. Thanks.
Graham, do you have a crush on @shelbychurch?
80s mirrors could make a come back.
Could totally see that happening at some point
@@TheGrahamStephanShow hahahah hope to remodel ours out this year. We have a whole wall of mirror down here in FL straight from 80s.
Jefferson Park! Such a hidden gem I’ve done multiple flips there and done extremely well however, I wish I kept everything one house I paid 510 it’s worth 1.4 million but I sold it for 760
*If youre smart, a ticket out of California*
People, there is nothing wrong buying a flat. The land is not so important because the property (flat) will last just as much as the house but with less renovation and stuff happening around. The HOA fees are manageble if you choose wisely the location and its building. Overall.. i dont think having that little piece of land that you pay x100 times more will justify the money. Yes... the peace and the freedom that you can build but guess WHAT!!! it cost money to build just like to buy a flat !.
Still.. having a house is nice. But having a flat is also good. Everything is good at least you live somewhere. With flats you are at least in the city, right?.
1.2 in Oklahoma gets you an entire horse ranch/MX paradise. If you don't mind the tornadoes lurkin'.
Yeah, but then you're in Oklahoma..... :)
@@raul_gonzalez1993 With low crime, feminine ladies, and wide open spaces? Yeah, what a sh hole.
@@raul_gonzalez1993 And can save enough to travel to anywhere as muich as you want. My friends in living in CA can't afford to do much else than survive there.
@@davidroush1224
Your day to day life will still be in Oklahoma. I wouldn't sacrifice my day to day life for a couple weeks vacation each year. Rather just live somewhere nice all year around. No need for holidays if you already live in a nice place.
@@raul_gonzalez1993 To each their own. We personally prefer to live in a low cost of living area where is easier to accumulate millions of dollars and retire mid-fifties.
Then, it isn't just a few weeks vacation annually. We like to spend about a month in the Fall snorkeling in Maui, then a couple weeks in Italy in December to visit the Christmas markets. We add in several more weeks of vacations to other locations in Europe or the US.
Money doesn't buy happiness, but it makes life far easier which indeed often leads to greater happiness. Even if I lived someplace "nicer" as you say, I'd want to see the world and buy toys. My friends living places I'd guess consider nicer can't afford to do what we can. They feel trapped financially and need to work a decade longer before they can afford even a basic retirement with few luxuries.
Housing in California is sooo over priced, which is sad cuz I’m in California
I'm sorry but every time Shelby does a real estate video it's really obvious she has no idea what she's doing or talking about.
Exactly. She just wants something that's "cute" and staged. Can't see real value.
keep up the great work Graham!!! big fan
Thanks! Will do! :)
I did her HVAC in her air bnb in Palm Springs California:)
On the seller’s are waiting for interest rates to decline point. If they are not selling, because they don’t want to buy at a higher price due to interest rates. If interest rates decline wouldn’t that be adding both a seller and a buyer so no change in market? Because the seller will also be in the market to buy another home no?
Even if there is a huge increase of inventory on the market, won't most of those sellers also be buyers? Therefore, I believe there will be more demand than supply even if there is an increased supply.
But those new sellers are also new buyers.
We're moving to Toledo.
People buy real estate for personal use and call it an “investment”
For many people, their house is, in fact, their most profitable investment of their life. Also, it is nearly impossible to make a profit that can be tax-free on traditional investments.
Cheaper than Boston
Thanks Graham! Absolutely crazy what different price points can get you in varying markets!
A 1.2 million flip and they left it with aluminum frame windows?
Graham with an urth cafe drink is wild
It was a gift :o
This is a silly buyer. Condos do not appreciate in value as quickly as a house in the same area. HOA will limit your dreams of improvements. Lastly, the other condo owners also set the market price.
Like these types of videos from you
Perhaps you should interview actual people and their experiences
Jefferson park goes up and down a lot it’ll be a while longer for it to fully turn. If you have a million I’d go to glassell park and highland park area. What do I know though only flip a dozen houses a year
Talking about million dollar plus properties casually is beyond me I make over 50$ an hour and I couldn’t afford that. Idk wtf these people do
only way sellers will sell is if they can then buy a house that has an equivalent monthly payment of their current home
What's up graham
What’s your broad opinion on buying in austin Texas 🤔
How’s the schools for mid city 4/10? Nah I’m good
nothing you can get with $1M in South Orange County.
1.2M and sharing walls? 😮
Jefferson Park girl!!!!!
I will have to rent my entire life!
Did you buy ice coffee ☕?
How about a video that says what a million dollar buys you in the Philippines and Thailand😊
I'd love to see what that's like!
@@TheGrahamStephanShow maybe you should make that into a new series. Go travel a bit, revitalize your content, let us see a familiar face in new places.
Why would anyone want to live in that godforsaken state that place is evil and Beyond Redemption
:o