174 - How much Income do I need to make to Buy? DETAILS
How to Buy a Home: The #1 First Time Home Buyer Podcast
David Sidoni
4.8 • 891 Ratings
🗓️ 4 April 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
Folks keep reaching out to David Sidoni with the first-time home buyer’s biggest question: “How much home can I afford?”
Well, David has created a lot of podcasts about it, so you should totally go check those out. They’re super helpful and will give you some tips and ideas on how to answer that question. So, this podcast will be all about the numbers. Keep listening to get the data and formulas that will help be a GUIDE (not the rule) for you as you determine how you should prepare for purchasing your first home.
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This podcast was created for YOU - to cut through the confusion and empower you to buy your first home. Let's change how the real estate industry treats first-timers, one buyer at a time- starting with YOU!
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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.
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For March 27th 2023 – and no longer to be used as a resource in any way shape or form after that time!
Transcript
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| 0:00.0 | So I'm always talking to first-time homebuyers, and recently I asked a bunch of them, |
| 0:09.2 | what's the number one thing you need to know to make this your last lease ever? |
| 0:14.2 | Well, I asked and you answered. |
| 0:16.1 | Your biggest question, how much home can I buy with my current salary? |
| 0:24.0 | So I did a podcast about it, and the downloads from that ones are off the charts. So here it is, part two, because this is the information you want |
| 0:29.5 | to know, more information on how much you need to make to buy your first home. Let's go. |
| 0:35.4 | Let's go. |
| 0:52.5 | What's happen to my How to Buy a Homies? |
| 0:54.8 | Now, if you're new here, here's what's up. This is the How to Buy a Home podcast. I'm your host, David Sedone. This is the undisputed, unchallenged, |
| 0:59.0 | unchallenged home of free education and empowerment for you, the first-time homebuyers out there, |
| 1:04.6 | or would be first-time homebuyers. See, what happened was back in 2018, I was pissed off at how the real estate industry was treating you, |
| 1:11.3 | so I quit my broker to start a podcast and tell the whole world everything they needed to know. |
| 1:16.0 | And in 2019, we launched, and now we're telling everybody how to buy your first home like an industry insider, |
| 1:24.8 | secret tips and tricks and hacks for you. |
| 1:27.4 | And now after a million downloads |
| 1:28.6 | and thousands of thousands of people, just like you, making their dreams happen for them, |
| 1:32.9 | all I get every day, it seems like, is new people writing it and asking, okay, I'm down. |
| 1:39.1 | How much money do I need to make to buy a home? So I did a podcast on it four years ago and then three years ago. |
| 1:48.3 | And then hell, I just did one two months ago. And yet in the past two months, more people are |
| 1:53.6 | asking this question than ever. So this is going to be a short and sweet explanation of how this |
| 1:58.6 | works. And I promise you, we're going to get to the numbers |
| 2:01.5 | that you came to hear in like 30 seconds, but you have to hear this first. Okay, I got my timer out. |
... |
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