Same thing with the people that just bought my house. Starter house and $5000 a month after they put 20% down.
my payment was $1500
I asked the guy before they bought it. Are you sure buddy that is a lot of money a month to start out! I think his parents were helping out a bunch
I set the parameters at 225k-600k and a house.All kidding aside...
Stop looking at "averages" and look at reality.
I bought my first house in Baldwin Park. It's a POS neighborhood, I had my house broken into and listened to sirens Every night. I fixed the place up nice while I lived there.
But ya know what?
It still increased in value.
In 5 years I had enough equity to sell and buy something else. I'm not afraid to work and bust my ass.
I never thought I'd be buying my first house in San Marino. Do you think kids today think the same way??
One of my pals never graduated HS, but starting buying shit hole empty lots and building cheap ass houses on them. He ain't starving today.
Less whining. More working!!!
This! I am a seventh grade dropout and didn’t even start working until I was 26. I’m no millionaire but I’ve done all right in a very short amount of time because I bust my ass. If you’re not scared to work hard you can pretty much do whatever you want.All kidding aside...
Stop looking at "averages" and look at reality.
I bought my first house in Baldwin Park. It's a POS neighborhood, I had my house broken into and listened to sirens Every night. I fixed the place up nice while I lived there.
But ya know what?
It still increased in value.
In 5 years I had enough equity to sell and buy something else. I'm not afraid to work and bust my ass.
I never thought I'd be buying my first house in San Marino. Do you think kids today think the same way??
One of my pals never graduated HS, but starting buying shit hole empty lots and building cheap ass houses on them. He ain't starving today.
Less whining. More working!!!
This is the problem with teachers. They'll discredit opportunities if it doesn't fit their agenda. All jobs are an opportunity and a learning experience, even construction. Rather than teachers discrediting jobs they need to be teaching how to apply yourself and have consistent growth in your opportunities.
Your links aren’t working lol
I can’t see them on phone with chrome. It keeps closing the tab lol.I think he thinks you can live in the red container on the 2 acre lot while you build your own house
So the young couple could not purchase because it’s not habitable. So now they need to bring all cash lol.
I’ll bootstrap all the way to the top if the bank will allow it lol
As an investment, to the right person with the right contacts or skill sets, it probably makes sense. I think there are easier ways to make $50K out of $600K though.I’ll bootstrap all the way to the top if the bank will allow it lol
If I had the cash I’d do it all day.
Because it’s becoming the haves and have nots.
You could leave the framing if it wasn’t burnt…. Lol
They were talking about this today on GDLA, even they were saying that's too much. Guess I won't take my kids to a dodger game
You’re telling me I can get paid for being on the board?
The board in our town had full health bennies for years and probably still does to attract people to serve . Once obummer care came people would run or stay on just to get them. My wife's district she teaches in which is a conservative area has Mom's for Liberty trying to take the board over... which seems good on paper because they would align with us and most people here on most issues , but they are 100% bringing the heat that teachers are overpaid lazy liberals who need less pay...... so at the end of the day that isn't really helping to bring in new or good talent in the classrooms either.
Reading this year book is such a trip. I really was that guy in highschoolView attachment 1312684
Not ours. I’m a volunteer, Board President at that. Keepin it above board in all ways. Not a chance for issues that way.
If they're clever they can break in and put it back together enough to meet the loan requirements ... that's what I did to get my first house lol.
The couple this thread was originally about work constantly, The Dad has a 10 hour day job then goes home for a quick dinner then goes to his old job and works another 4 hours., 5 days a week. He’s a hard working dude but it still isn’t enough.
THIS!!!! Spot on.All kidding aside...
Stop looking at "averages" and look at reality.
I bought my first house in Baldwin Park. It's a POS neighborhood, I had my house broken into and listened to sirens Every night. I fixed the place up nice while I lived there.
But ya know what?
It still increased in value.
In 5 years I had enough equity to sell and buy something else. I'm not afraid to work and bust my ass.
I never thought I'd be buying my first house in San Marino. Do you think kids today think the same way??
One of my pals never graduated HS, but starting buying shit hole empty lots and building cheap ass houses on them. He ain't starving today.
Less whining. More working!!!
They don’t call it generational wealth for nothing lolSo many socal grown men and women getting spoon fed house payments by their parents at the same time they make good money themselves. Shit is wild to me. Best part is they lead on like they did/ are doing it with no help lmao.
I don’t believe much of anything these days. People
Can we keep the “generational wealth” in the wealthy areas? I don’t need to be fighting for a house against that shit in the IE
That couple are their own worse enemy. They are doing that to themselves. Unfortunately in life but also common you have to make a drastic move to better yourself and family because of things out of your control (California). With that move can come a better life style. Be it a new career or moving to a completely new area. People face this and do this all the time. By them staying and working those hours is no way to live and the reality is they will go broke safely then end up living in the streets or couch surfing.
There was a time when teachers, partially due to their rather short working periods, would often have, much like some fire fighters, a second income. Don’t know if that’s still prevalent. What I do know, many of my liberal friends stayed in college to avoid the draft. Many became liberal educators then advanced to liberal administrators. Many now have children who are also teachers. It’s a liberal education snowball, which has overcome our country. We’re now seeing the top of that snow pile at our elite Ivy League schools. More pay will not change that.
Believe you me , i have had that black cloud tied to my wrist , most of my life . Lol
You have no idea. I’m retired. The mortgage rate on our first home purchase was 22%, 1980. Suggestion: do some research on us ‘retired persons’ and what we truly did buying a home 40+ years ago. To not do that research, is rather assinine.
I bought in 99. Only house within a 60 mile radius of my work under 100k. It was a repo, needed everything. Turned the master into a basecamp, and spent the next year learning a whole lot. I was working my normal 40, as well as working show security in LA, OC and occasionally SD and as far as Bakersfield. Not much time to do work at home, or spend money...or really have fun. I didn't have children or a wife yet, so school districts weren't important. Was it affordable? No, not really. The neighborhood sucked too. It did allow me to have a home for my bride to move in to. I didn't hold out for "the perfect starter home". I wanted a home and to start building some sort of equity. Bootstrapped from the ghetto. It works for some.
My dad who is the biggest “young person” hater there is sounded just like this until he actually ran the numbers and realized how fucked it is for a new family to get on their feet these days. Now he is just in disbelief every time we talk about houses or living expenses. Every person under 45 is still a lazy POS though
