How We Bought Our $270K Home in Dallas, Texas
ฝัง
- เผยแพร่เมื่อ 28 ก.ค. 2024
- ✅ Join my FREE How to Buy Your 1st Rental Property Masterclass: www.goodsweethomes.com/how-to...
In this episode I wanted to go over the process of buying our $270k home in Dallas, how we were able to purchase, what the numbers look like, and what our home looks like! We've been living here for about 2-3 months now, and it's been fun. We also think it's become a great investment as it should work well as an Airbnb in the future. Hope you enjoy.
0:00 Intro
1:04 The process of buying the home
8:09 Dallas home tour
10:54 The new numbers of the home
12:07 The cost of furnishing the home
14:20 Conclusion
------------------------------
🎉My Goodies!
- Get my FREE Passive Income Toolkit:
digitalnomadquest.com/how-to-...
- Join the REMOTE RENTAL RICHES Course for the step-by-step guide on out-of-state real estate investing: courses.digitalnomadquest.com...
- Join The ETSY ENTREPRENEUR Course for an Extra $1,000/month in Passive Income: courses.digitalnomadquest.com...
- Join The BLOG LAUNCH PROFIT Course for an Extra $1,000/month blogging: courses.digitalnomadquest.com...
------------------------------
Check out Sean's channel:
/ seanpaninvests
💻 Find me at @SharonTseung on Instagram/Twitter:
- Website: digitalnomadquest.com
- Instagram: / sharontseung
- Facebook: / digitalnomadquest
- Twitter: / sharontseung
- Podcast: podcasts.apple.com/us/podcast...
- Join the Passive Income Entrepreneurs Group: / digitalnomadquest - Network, collaborate, and talk shop. Surround yourself with like-minded people to get the support you need, and receive helpful tips from me!
------------------------------
🔨RESOURCES
For Investing:
- Public - Invest in Stocks (Get a FREE stock up to $50 through my link!): pblc.co/digitalnomadquest
- Coinbase - Invest in Crypto (Get $10 worth of free Bitcoin through my link): www.coinbase.com/join/tseung_...
- Webull - Get 2 FREE stocks signing up - a.webull.com/i/SharonTseung
- Fundrise - Invest in Real Estate with just $500 - fundrise.sjv.io/Y9Nbbe
- Personal Capital (now rebranded as Empower) - Track your net worth for FREE: personalcapital.sjv.io/Eayo9P
My ENTIRE List of Camera and Recording Equipment: www.amazon.com/shop/sharonest...
For Building Your Business:
- Hostgator for your blog (code DNQ60 for 60% off) - digitalnomadquest.com/hostgator
- Teachable for your courses - digitalnomadquest.com/teachable
- ConvertKit for email marketing - digitalnomadquest.com/convertkit
------------------------------
Disclaimer: Some of these links above are affiliate links which means I may make a commission if you use the links at no extra cost to you. This will help support my channel! Sharon is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com.
While all attempts are made to present correct information, it may not be appropriate for your specific circumstances and information may become outdated. Sharon Tseung is not a financial advisor and does not provide tax, legal or accounting advice. This video, and the ideas presented in it, are for entertainment / educational purposes only and should not be construed as financial advice. Please consult with a certified professional before making any financial decisions.
Which neighborhood in Dallas did you purchase your home in? It's difficult in good neighborhoods to have a property priced below 300k
There is so much to unpack. I really love how you both are able to use your knowledge and experience as leverage in crazy market so these situations are less risky for you
Great video. Love the way you both were able to educate the viewers on how an actual sale takes place (contingencies, appraisal, negotiation, etc.) Love the channel. ✊🏽🙏🏼
Awesome video. How much was the earnest money deposit?
Thanks for sharing this Sharon. I’ve Been to Texas before, kinda hot and humid but very affordable to live.
If or when u air bnb , it how much more cash flow will u earn , vs a long term rental ?
Nice house! Congrats!! 🎉 🏠
Curious how much you guys had down for Ernest money deposit.
Where did you get 3% interest rate?
You mentioned that you called listing agent. So did you use listing agent present as your buyer agent also? Or how? Thanks.
How much roughly is the income expected from this house?
Hi, we are from Bay Area too. How did you end up choosing Dallas as a place to live vs the other cities in Texas?
Hello! How did you get only $46.43 for PMI? I've been asking around for a similar house's price with 5% down and I got $187-$200 PMI
Wondering that too. Well we are in SO CA and it is not cheap neither. The lender we used picked their own PMI so we had no choice but to stick with them.
It's a great house and all I could think about is how it could be house hackerd/rented if you didn't need office and studio
Hi Sharon! Love your content. Do you still live in Dallas? I wanted to buy there but reading the climate forecast is worrying me that I wouldn’t be able to resell in 5-10 years, or that I couldn’t hold the property long term. Wanted this to be my home for 3 years and then rent it out. Wondering your thoughts please let me know 😩🙏🏼
You guys got lucky that the selling agent told you. There's a no disclosure in Texas. I recently put in an offer for a property that got listed again, thinking the seller want something clean and simple to close asap. Nope, couldn't get it. It's crazier where I am in Texas. People are bidding 50k+ cash.
Hey Sharon and Sean, My husband and I are inspired by your video and are looking for homes in the Dallas area. We would be happy to connect with you.
Thank you in advance,
Rita
Hi Sharon! Which Dallas neighborhood is this? This sounds like a really awesome deal!
Yea! Can you please share :-) would like to know what neighborhood!
@@jasonc5595 a fictional one.
SUCCESS 2024.
🙌🏻
Texas seems to be great. 👍
I've heard it's also becoming the "Bitcoin capital of the world" (or it may be already). So much Bitcoin mining, Bitcoin entrepreneurs and all the good stuff in Texas
In Austin yeah
Can buy nice used beds or future to some extent, and the rest is new to save some $$ for some of us.
Why did they entertain the renegotiation on the price?
Why Dallas and not Houston?
I would not live in Dallas in a 10 mil mansion. Why Texas unless u from there? Lo barato sale caro
I’m the first one, please say hello to me 😍🙌🤩
Hi! :D
I’m the first one ☝️
The crash hasn't even started. You'll be under on this property. Smart thing is to wait for massive corrections that's coming
When do you think that’ll happen?
@texanboiii562 noone can time the bottom but in the last crash it took 2 years to hit bottom so I would say 2024-2025
I’ve been waiting for 3 years now. Hahah. Oh well, more time to save
its easier with 2 incomes.