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Great vid as always, and yes, definitely a cheat code when it comes to wealth building from a ground up. Goes without saying, it's not the plan for everyone, especially if kids are involved as they'd need to move schools depending on the age, but there are a lot of younger professionals new to the real estate game that need to know how great of a plan it is to buy, reside, sell and walk away with Equity.
If you really must live in Fields for the least amount of money, sure. Otherwise this is a terrible buy for the price. You're right, it's an investment only. No way I would pay 800K+ for anything with a shared wall. 800K buys you a beautiful American Legend home in the Tribute and for 900K you can stay in Fields with other builders. If you go in planning to sell in 3-5 years it will pay off for sure. I just can't wait to see all this come together. They're now starting on Fire Fly park on 380, another massive project with hotels, apartments, shops etc. The question is how much can Frisco sustain lol? If it all happens you won't be able to get a house in Frisco for under 1M in a few years. Unless you go on the older, East side of Frisco like on Lebanon east of the Tollway.
But wouldn’t all the other houses in the fields go up about the same value in 3-5 years and eat up your equity you made in the 700,000…Whereas you could’ve purchased something bigger initially. Only way I see this working is if you plan to move to another area where the market isn’t as hot. For instance a 500,000 home in the “country” could be the size of a million dollar home in the fields and you move there with your 200,000 positive equity and said home then becomes 300,000. Correct me if I’m wrong here. Trying to figure out how you actually mathematically calculated this.
Yes, all the homes inside the Field's will go up congruently. Most will buy in a developing area, let their equity grow and then move to the next developing area. For example, a lot of people that bought in Frisco 10 years ago are selling their homes to 'cash out' and they are all moving to Celina because its only 15 minutes away and its the 'new developing city'. So, they cashed out on their 300-500K equity and went and bought another home in Celina that is cheaper and will wait for Celina to do exactly what Frisco has done in the past 10 years. Its an amazing way to grow your financial portfolio:)
Dallas inventory is the highest its been in 7 years, foreclosures are surging...I wish you would give facts, stop pumping and saying your gonna get equity after 4 years. There is a great chance the market crashes 25% or more in the Dallas area. I don't get it, you keep yapping about equity, you have ZERO clue, and the fact you keep stating this nonsense, you're setting yourself up for a lawsuit, your giving financial advice...Clueless
@@lifeindallasfortworth 3541 Wardie Pl, Frisco, TX 75033 this brand new home in the fields was listed at $1,250,000 now they dropped it to $999,999 please explain? also if you look manay many homes are slashing their prices? hmmm instant equity I dont think so! I will use when I buy, but not for another year or so!
Contact Us:👇👇👇
Subscribe👉👉👉 youtube.com/@lifeindallasfortworth
📱Call or Text: 214-903-4794
📨Email: Tiffany@LifeinDallasFortWorth.com
📅Schedule a Zoom Call So We Can Meet "In-Person": forms.gle/npbD6MwSeDQaCUbA9
Great vid as always, and yes, definitely a cheat code when it comes to wealth building from a ground up. Goes without saying, it's not the plan for everyone, especially if kids are involved as they'd need to move schools depending on the age, but there are a lot of younger professionals new to the real estate game that need to know how great of a plan it is to buy, reside, sell and walk away with Equity.
Agreed! Not for everyone, but definitely good for those who fit the plan:)
Sounds like the perfect plan. I appreciate your hard work and great information.
I am glad you liked it!
If you really must live in Fields for the least amount of money, sure. Otherwise this is a terrible buy for the price. You're right, it's an investment only. No way I would pay 800K+ for anything with a shared wall. 800K buys you a beautiful American Legend home in the Tribute and for 900K you can stay in Fields with other builders. If you go in planning to sell in 3-5 years it will pay off for sure. I just can't wait to see all this come together. They're now starting on Fire Fly park on 380, another massive project with hotels, apartments, shops etc. The question is how much can Frisco sustain lol? If it all happens you won't be able to get a house in Frisco for under 1M in a few years. Unless you go on the older, East side of Frisco like on Lebanon east of the Tollway.
There is only one other builder that you can get into the The Fields at 900K and that is Darling! Great choice as well!
Beautiful townhouse. A lot of space.
It's really a great use of space!
How large of a refrigerator in cu ft will the cavity accommodate?
The standard size.
But wouldn’t all the other houses in the fields go up about the same value in 3-5 years and eat up your equity you made in the 700,000…Whereas you could’ve purchased something bigger initially. Only way I see this working is if you plan to move to another area where the market isn’t as hot. For instance a 500,000 home in the “country” could be the size of a million dollar home in the fields and you move there with your 200,000 positive equity and said home then becomes 300,000. Correct me if I’m wrong here. Trying to figure out how you actually mathematically calculated this.
Yes, all the homes inside the Field's will go up congruently. Most will buy in a developing area, let their equity grow and then move to the next developing area. For example, a lot of people that bought in Frisco 10 years ago are selling their homes to 'cash out' and they are all moving to Celina because its only 15 minutes away and its the 'new developing city'. So, they cashed out on their 300-500K equity and went and bought another home in Celina that is cheaper and will wait for Celina to do exactly what Frisco has done in the past 10 years. Its an amazing way to grow your financial portfolio:)
Dallas inventory is the highest its been in 7 years, foreclosures are surging...I wish you would give facts, stop pumping and saying your gonna get equity after 4 years. There is a great chance the market crashes 25% or more in the Dallas area. I don't get it, you keep yapping about equity, you have ZERO clue, and the fact you keep stating this nonsense, you're setting yourself up for a lawsuit, your giving financial advice...Clueless
We will have to agree to disagree, my friend! But, thanks for being kind with your opinion:))
@@lifeindallasfortworth 3541 Wardie Pl, Frisco, TX 75033 this brand new home in the fields was listed at $1,250,000 now they dropped it to $999,999 please explain?
also if you look manay many homes are slashing their prices? hmmm instant equity I dont think so! I will use when I buy, but not for another year or so!
How are you doing beautiful Tiffany