Inside a $1.49 Million Dollar Home Nurses Can Afford In Folsom California

Рет қаралды 12,523

Жыл бұрын

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Want to see the Inside of a 1.49 Million Dollar Home a Nurse Can Afford in Folsom California?
In this video, Monica is going to walk around this home with Brandon ( / brandonbutler_therealtor ) and I'll also speak with him to find out how much home someone can afford if they want to move to this part of California on a $100k, $200k, or $300k yearly income.
Home Listed by:
Ben Bondaruk
RE/MAX Gold El Dorado Hills
Source: MetroList Services of CA,
MLS#: 223051010
www.zillow.com/homes/2038-rit...
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Пікірлер: 61

@sonnydacuse7622 Жыл бұрын

Gotta consider the property taxes, HOA, and mortgage rates when buying a house. Great content brotha!

@NursesToRiches Жыл бұрын

💯

@eliza_kai 4 ай бұрын

Perfect! There’s an opening in the Folsom area at KP! I’m so glad I happened upon this. Man, you two are a wealth of much needed info! I’ll be sharing your channel at SoCal KP for sure!

@neenapatt 5 ай бұрын

This home is everything 🩶

@kib0t Жыл бұрын

Do more videos on different house price ranges Jason and really dive into the numbers. Would really help your followers wanting to relocate there!

@sergiobanks274 Жыл бұрын

I agree with this.

@NursesToRiches Жыл бұрын

Thank you! I will definitely do this. Stay tuned!

@charlemainecohen458 Жыл бұрын

Yes more please I'm trying to figure out the best areas to relocate to!😊

@brandonbutlersacramentorea622 11 ай бұрын

@@NursesToRichesJason, lets do it!!

@dstelle 9 ай бұрын

In Sac now with my family looking at communities to possibly live. Been an ICU/crisis RN for 12 years and in Hawaii for the past 8 years. Trying to figure out what I’ll make as a staff RN and what I’d be able to afford for a house. It’s super confusing to know what I could afford.

@cristinegil2270 Жыл бұрын

When Monica said “without all the extra cleaning.” 😊 That house was beautiful!

@NursesToRiches Жыл бұрын

🤣Thanks!

@Justanurse357 Жыл бұрын

Jason, please do more videos and interviews on relocating with a family.

@NursesToRiches Жыл бұрын

Will do! 👍

@brandonbutlersacramentorea622 11 ай бұрын

Lets do it!

@joancruz7658 5 ай бұрын

Yes pls im a UKRN wanting to relocate to USA with an end point to California (San Diego preferably due to family) wondering whether it is worth it and if we can afford a house. My husband and i are both nurses with 1 kid

@things_can_only_get_better2179 Жыл бұрын

This property is giving errthing it's suppose to give! I loved it! I'm happy to see Monica appear again and she did a great job. Your editing skills always get better and I love your contents for that❤.

@NursesToRiches Жыл бұрын

Thank you soooooo much!

@brandonbutlersacramentorea622 11 ай бұрын

I love that you loved the house!

@bowmanemily 11 ай бұрын

I am currently a nurse and live in Folsom. Unless you are picking up a lot of overtime you are not making $200,000/yr. Most nurses make between $100,000-$150,000/yr working full time. Not realistic.

@NursesToRiches 11 ай бұрын

Do you work for Kaiser?

@bowmanemily 11 ай бұрын

I worked for Kaiser 2 years ago and didn’t make $200,000 working 32 hours a week. Yes it is doable if both work for Kaiser and both pick up overtime. Most hospitals in this area do not pay nurses $200,000/yr so this is not realistic for the average nurse.

@NursesToRiches 11 ай бұрын

@@bowmanemily definitely not realistic for the average nurse. However, my audience does not want to be the "average" nurse. If you're a Kaiser nurse, the average nurse is making well over $90/hr. $90 x 40 hours per week is $197,600 per year. That doesn't even account for holiday pay, CEUs, and money earned from working smarter not harder (ie. Working 32 hours per week and just picking up 4 additional OT hours to get over the $200k/yr threshold). However, even though I say you could easily make $200k per year and a nursing couple could make $400k, I do not condone buying a home that is more than 25% of your take home pay, as I mentioned in the video.

@ambivertical Жыл бұрын

Great content. Great personalities

@AstroZombie1 Жыл бұрын

Awesome video. Really got me re-considering the NorCal move.

@NursesToRiches Жыл бұрын

If your goal is you get ahead financially then I totally recommend it.

@tourisrochelle2945 11 ай бұрын

Can you break down the demographics of the surrounding areas of Sacramento. I’m looking for full diversity and a safe environment. Thank you.

@NursesToRiches 11 ай бұрын

I did that here kzfaq.info/get/bejne/itOFdMeU1qysfaM.html

@hfg8604 Жыл бұрын

I was born at MHF, my moms been an RN their for 31 years. Pretty crazy the change its gone through. Glad we have 11 acres in EDH.. they do not build land. Should be worth a pile of cash in a while as the bay area folk continue to flood up here.

@brandonbutlersacramentorea622 11 ай бұрын

11 acres, thats amazing!

@manaoharsam4211 Жыл бұрын

Almost similar home in Alabama or Arkansas for 360k.

@NursesToRiches Жыл бұрын

Which is why many of the real estate investors that I know invest in Alabama real estate.

@user-pp8ic9jo7n 2 ай бұрын

We make about 400,000 a yr and definitely couldn't afford this home without being so broke. We pay 5,000 for rent in bay area and definitely couldn't afford double payment.

@NursesToRiches 2 ай бұрын

Totally feel the same. We pay $4200/mo for our mortgage but our coworker (a nurse) has a $1.8 million home and pays $10.k/mo for his mortgage! I can't even imagine paying that much.

@LocdPopTalks Жыл бұрын

Great info and awesome editing Jason, thank you! Can you tell me the web page that was used as the mortgage calculator? We are moving to north carolina and it may be helpful.

@NursesToRiches Жыл бұрын

Thanks! Here you go www.nerdwallet.com/mortgages/how-much-house-can-i-afford/calculate-affordability

@LocdPopTalks Жыл бұрын

@@NursesToRiches Thank you!!!

@balconyclubLA 3 ай бұрын

Thank you for the videos. Where would you recommend an LPN work and live? Please recommend states. California seems attractive for the overtime laws and vanlife culture which would probably be more ideal until gaining an RN certification. My van would RV camper would be bought and paid for. The overtime and LPN could make may be worth it? My other option may be Houston but I am open to any city - I hope this does not come off wrong, I am a mixed poc male like you and have had some poor luck with the locals in places like MN if catch my drift.

@mikeg5365 Жыл бұрын

Folsom was one of my favorite towns. It use to have nothing there . All land. They developed it so fast. It has deteriorated d/t the housing , apartments, and population. It is a nice and safe place that I would prefer over a majority of everything else in California. Yet, Ive foreseen rancho Cordova vibes coming over in the future.

@NursesToRiches Жыл бұрын

I agree with you and can totally see Folsom becoming what Rancho is today.

@goldenratio5117 10 ай бұрын

That won't happen, too close to El Dorado Hills and Granite Bay.

@matthewcullum2455 10 ай бұрын

The summer smog is sooooo bad though. I'll take living in the nearby mountains any day of the week

@jessiszczesiul9543 11 ай бұрын

I’m wondering what I can afford when I move as being a rn as well

@MarkSmithhhh 10 ай бұрын

I live in that neighborhood

@NursesToRiches 10 ай бұрын

It's a beautiful neighborhood.

@brandonbutlersacramentorea622 9 ай бұрын

Best neighborhood in Folsom! I ended up selling this house so you probably got a flyer from me!

@conniesaratoga3194 Жыл бұрын

People should be trying to not spend more than that 25% of take home pay you mentioned, but that should ideally include not just your principal and interest monthly payment, but also your monthly insurance and property tax amount, plus and HOA and other special government bond assessment monthly amount due, plus ideally you should add a sizable amount of savings monthly for repairs that will pop up all too often unexpectedly plus the known eventually needed expensive water heater, ac, roof.... replacements, and on top of that, be aware that while your principal and interest payment amounts should not change if you got a 15 or 30 year loan, many of these extra amounts needed monthly will rise most every year, whether your salary does or not. Plus you may want to plan for other monthly expenses like gardeners, pool cleaners, possibly periodic tree trimming (I am currently facing massive shock at how much it is going to cost to get 6 trees cut and removed, 4 being very tall pines, and many others much to tall for us to trim now that we are old, and am glad that I planned ahead for unknown huge expenses so I don't have to put it on a credit card or get a personal loan at today's rates!) Just know that home ownership will be much more expensive than you could ever dream, and a 2 income family could unexpectedly become a 1 income family if something happens to one earner, and if the price of housing has dropped, or even just stayed about the same, you will have trouble selling it without having to pay money when you close on the sale because it costs about 8 to 10% of the sale amount to pay for your realtor fees plus all associated selling fees. If you don't make that much on profit when you sell the house because prices have not risen or dropped, you will have to pay that in cash the day you sell the house. So plan well, and save up a large amount of money for your down payment so you hopefully have some equity in your new house from day one, but also save up another large amount of money just for your newer possible unexpected expenses that will come, possibly only days after you move in, with being a homeowner, and think long term, can we handle to constantly rising associated costs????? Then buy just what you need, not a mansion to impress others that could lead to you being house poor and regretting your purchase!!! Plus, most recently built homes come with a host of issues due to poor build quality so even brand new houses can suck your money faster than you might expect, so keep that in mind also!!

@SallyReloading 8 ай бұрын

Thanks for making this type of content because I need to stay off Zillow looking at those 20 million dollar homes knowing that even with crisis pay it ain’t happening 🤦🏾‍♀️😂🤣🤣😂🤣🤣🤣

@hfg8604 Жыл бұрын

Rn's making 250k a year? do you guys ever take a day off? If you are a work addict like me then i get it but most RN's do part time and call it good. Just saying your numbers are for like 5% of nurses..

@NursesToRiches Жыл бұрын

You don't even need to work overtime to make $200k as a nurse in Northern California.

@lilymcco8531 Жыл бұрын

Down-payment. Closing. Mortgage. Hoa. Property tax. Home insurance 😁

@coolcat2956 Жыл бұрын

yeah. i’m a nurse and still can’t afford lol

@NursesToRiches Жыл бұрын

💯 But Monica and I make $16k to $20k per month (take home). Our mortgage, HOA, property taxes, and home insurance are around $4,000 per month. Our home cost us $697k. We spend less than 25% of our take home pay in our home and could easily live off 1 of our incomes alone.