Hello everyone, I'm Terry Today I'm going to share with you my new home in Seattle I've been in Seattle for about a year I used to live in a classmate's house in my university Actually, it's not bad to live in someone's house I feel quite happy to be a host I didn't plan to buy a house at first Because a few months ago I bought a house in a big apartment next to Los Angeles
But I think life is short I always have a little dream When I was old, I could watch my child playing basketball in the backyard of my house My child and wife couldn't afford to buy a house So I bought a house first Today, I'm going to talk about my new home in Seattle How much did I spend on it? And how much is the loan? Why do I want to buy this house? And my future plans Before the video starts, remember to give me a thumbs up Because you know this is the most expensive thing I've ever bought in my life
First, this house is located in Seattle, about 10 minutes drive from downtown Seattle. It's in a very quiet community. The house itself is relatively old, with a little history. There are two floors in total, and there are seven rooms in total. Let's get in. The first house I came in is a very large porch. This porch is my favorite place in this house, because it has a very good view.
You can see the city of Seattle from there. You know that because I have a 4B home, the whole of the house is only a shelf. You can see how many people live in this house. Only me. Oh, I forgot to tell you that there is a sweeper robot in the house. I want to thank Roborock for sending me this robot. They didn't give me any money. I didn't want to face them.
Because you know my hands have been using keyboards for a long time I have a diagnosis that I can't touch any cleaning tools If you touch the vacuum cleaner, the keyboard will be out of place So I was looking for the most expensive, online evaluation, highest, most powerful, best used, and most portable 2-in-1 vacuum machine in the United States I think it's worth it no matter how expensive it is
But after I saw the price I decided to ask them if they could give it to me But to be honest, it's the strongest vacuum cleaner I've ever used I'll put the link in the video description box The entrance is the living room There's no furniture in the living room Because I just moved in not long ago
There's a Dyson vacuum cleaner here. It's not for washing the floor. I think everyone has a Dyson at home. So I bought it as a decoration. There's no sofa or TV in the living room. Because I haven't found a company to sponsor my sofa yet. So there's nothing here. There's a stove here. It's a real stove. It's the kind that has smoke rushing up to the roof. The sound will come down from above. I plan to seal this stove up later. And maybe put a fake stove here.
This is my new air conditioner. I removed the central air conditioner because this house is old. I installed this new air conditioner that is environmentally friendly. It's a new technology for Americans.
Another one that I think is very old-fashioned is this thing. I think it's very cool. I probably know what it's for. It should be used to collect letters. But I don't know where the letter came from. If it's on the wall of the room today, I think the postman might throw the letter in from the outside. But it's in the middle of the room.
and a toilet behind it. If you know what this thing is for, please leave a message below to let me know. Although my living room doesn't have any furniture, I'm still living well. But one very important thing is that I have already prepared the internet and VPN before I moved in. For me, I spend 80% of my time at home. The speed and safety of the internet is the most important thing. In fact, many people don't know that it's very easy for hackers to steal your password if they want to enter your computer.
Especially when you are outside, for example in Starbucks, using public networks is very easy to make you a target of hacker attacks. Many times our personal information has been stolen or sold, we don't even know. And I don't want my own social media records and websites to be stolen or used to do other things. So I usually use Surfshark VPN. Also thank them for sponsoring this video.
Another one that I think is very useful is that I can watch some movies that are not on Netflix in the US. Or if you are in Taiwan, there are a lot of Netflix movies, TV series like The Walking Dead, and The Englishman's Guide. And a lot of American dramas will be on sale on a regular basis. So if you want to watch Netflix today, only the movies that are on sale in North America or other regions, you just have to open Social, VPN, and choose the country you want to connect to.
You can use my registration link to get a 17% discount and a 3-month VPN for free. I will put the link and my registered code "Hackbear" in the description box. They also have a 30-day refund guarantee. If you are not satisfied within 30 days, you can apply for a refund at any time. So I think you can try it. You can walk out of the living room to the front yard. There is a patio here.
It's a bit cold. It feels like a stage. In summer, you can grill meat here. In winter, you can... What can you do in winter? Can you eat hot pot? It's so cold.
The kitchen looks a little small because it's an old house. The design of the old house is not as open as it is now. And it's actually a waste of space. I've looked for a designer before. The whole wall, including the back, can be knocked down and the kitchen can be remade. But you know, it's going to cost a lot of money. This is the master bedroom.
This is where I sleep. There's nothing special. There's a bed and a 75-inch TV. I don't know why I bought such a big TV. I haven't seen it many times. I think the bed is small, but the TV is big.
Next to the master bedroom is my office. This is my small office. The office is messy, which means I'm working seriously. Usually, if the room is messy, the office is clean. If the office is messy, the room is clean. If both sides are messy, it's time management master. What's it like in York City? I'm a thousand miles away, but why you look so pretty as you are?
I finished my work and some videos in this room. You can see some paintings here. I haven't put them on the wall yet. These paintings are actually... I really appreciate the attitude and spirit of those people. So I want to put them on my studio. I think hanging them on the wall reminds me to study harder. This is the master bedroom. It's not that nice. It's just a bathroom.
There are a few rooms upstairs. Actually, they are not that good looking. All of these rooms are empty now. There are no furniture. There is another room. Now, a friend of mine is living in it. He is a friend of mine who just came to work at Amazon. Luckily, he was not kicked out by Amazon. Otherwise, this house would only be left to me. Let's go downstairs.
The downstairs has its own separate unit. There are rooms, toilets, and kitchen. It has its own separate entrance. You can come in directly from the backyard. This type of space is called duplex. It's quite common in the US. You can imagine the duplex as a small apartment. There are two rooms in total. One is on the first floor, and the other is on the second floor.
I have to renovate the floor before I go downstairs. I have to change the floor and install a dishwasher. I also installed a separate air conditioner. I also put some furniture. The living room is equipped with a 75-inch TV and a sofa. There is a sofa downstairs, but there is no sofa upstairs. I used some floor tiles to make the bathroom a little more beautiful. Because I want to make the entire floor unit into an Airbnb.
The kitchen is also standard with all the kitchenware and kitchenware. Although it's not a big kitchen, it has everything. This is the hallway. I made it a little more artistic. I put two sets of rice bones. The door to the hallway is for Airbnb guests or regular guests. They can come in directly from the backyard. This door is directly connected to the backyard.
So they can come in from the back without having to go upstairs. This unit has its own washing machine and washing machine. You can see the washing machine and washing machine here. No need to use upstairs together. Then the room. Although the room is not very big, but everything should be available. Every room has a simple bed and office chair. Because many people come to intern in Seattle, so I plan to make this place into a place where you can work.
If you live in a family, you can also use it as a home office. There is no luxurious decoration, just simple and practical furniture. The location of this house is relatively convenient. Whether you want to drive to Seattle or you want to use public transportation, it is very convenient. So I think it is very suitable for those who live in a short period of time, those who live for one or two months, like a traveler or an intern who comes here to intern.
It's more convenient to go downtown. You can go to the Ghost Town in 10 minutes. Let's go to the backyard. There's nothing in the backyard. I know some people like grass in the backyard. But I think grass and other things need to be taken care of. You need to get rid of grass and some animals. I think it's too much trouble. So I chose this backyard. There's no grass at all. Just muddy ground. Then put a basketball rack. You can start playing.
The land of this house is relatively large. It has a total of 9,000 square meters. In Taiwan, it should be more than 250 square meters. The backyard can actually be parked several cars. Let me see. One, two, three, four.
Five. At least five cars can be parked. Besides parking, there are also several storage rooms. There are two storage rooms. Storage room for things like miscellaneous items. And there is a laundry room. Actually, this wasn't a laundry room before. But I spent money to find
The interior designer has re-welded the pipes and wires and put two washing machines here. I want the upstairs and downstairs to have their own washing machines. So that the upstairs and downstairs don't need to share any public space. I also made a 220V power supply in the garage. It's for Tesla's charging car. Although I don't have a car now, I think 220V power supply in the garage is definitely the trend in the future. These functions are actually done by a master. I didn't charge him any money. I didn't help him with the construction.
I just think it's not easy to find a reliable and reasonable master in Seattle. If you need some decoration or water power in Seattle, you can ask my master. I will put his WeChat in the information column below the video. Finally, I like this house more. Although this house is relatively old, I think it is more privacy-oriented.
First of all, it's a corner unit. I only have one neighbor. The neighbor behind me, because his land is relatively low, basically can't see him. Next, when this house is being built, his land is one floor higher than the average house. So if you pass by on the road, you can't really see what's inside the house. There is a feeling of natural flatness and increased privacy.
Arm
ARM is called Adjustable Rate Mortgage It means that after 7 years, my interest rate will become floating It will adjust according to the market But during these 7 years, it will be fixed at 4.85% So why would I choose this 7-year ARM? First, many people will choose 30-year fixed That means signing a 30-year fixed interest rate directly The advantage of doing this is that your cash flow can be completely under your control The interest rate will not change for 30 years But 30-year fixed interest rates will be much more expensive than 7-year floating interest rates
The advantage of choosing this 7-year arm is that I get a discount on interest first, but the risk I bear is that if the interest rate is higher than 4.85% after 7 years, I will need to pay a higher interest rate. But in the 7 years, as long as any time point is lower than 4.85%, I can do a refinance at any time. In other words, I am now gambling with the bank.
I think the interest rate in 7 years will be lower than 10.85% That means in the next 7 years, any time point, the fixed interest rate of 30 years will be lower than 4.85% I will immediately do a refinance and change my loan to a fixed interest rate of 30 years If it continues to fall, I can do a new refinance I still believe that the high interest rate environment will not exceed 7 years As for the price of the house, I think this is a set of housing
I bought this house because I wanted to live in it. I should say that I bought this house because I needed a place to live. So I don't really care about the price of the house. I know that the price of the house may continue to fall in the next year. But because this is the house I want to live in, I don't want to go to the lowest point of the market to buy it. And I really don't know when it will be the lowest point of the market.
Because I know that many rich people in Seattle are waiting for the lowest point of the market. So when the real lowest point comes, I know there will be a lot of people who will throw money into this way. Then it will be fired directly. So instead of predicting or predicting where the next low point is,
I think when I have the ability to see my favorite house, I will buy it directly. I plan to live in the upper part of this house myself. The main reason I bought this house is because if my friends or family come, they have a place to live. If I was still in school, I would have rented out every room separately. But now there is no need for this. I think I am more important than myself. I have passed the age of being a roommate with strangers. I just said that I want to make Airbnb or a music venue downstairs.
In the current housing market, I think the income per month is around $2,500. If it was last year, the housing market is better, it can be around $3,000. This house has a very large backyard. There is no need to have so many parking spaces, and there are not so many cars that can park. My plan after that is to apply for an AADU from the government. That is, you can build an independent unit behind the house. There are a lot of AADUs now that you can buy directly from Home Depot. About $56,000 to $67,000, you can have a small apartment, a small independent unit.
You can rent this small apartment directly from your home to someone else. I think the monthly income can be around $2,000 to $3,000. If I do this, I can basically pay off my monthly loan and land tax.
If I leave Seattle today, I will split the apartment into two units and rent it out. There will be three units in the backyard, so there should be a good cash flow. Of course, this is a plan for the future. The current situation is that there is a place where you can live alone and a loan can be paid off below. Okay, that's it for today's video. If you like this video, remember to give me a thumbs up. You are also welcome to tell me your opinion in the comments below. See you next time.
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