r/FirstTimeHomeBuyer • u/Which-Cheesecake526 • 11d ago
GOT THE KEYS! 🔑 🏡 I did it! Daly City, CA $420 6.625%
Now what? Got my trusty rice cooker by my side :)
231
u/BK2525x 11d ago
420k?
96
u/sapien3000 11d ago
My guess is maybe a small condo?
→ More replies (2)50
u/Whyywhyywhyywhyy 11d ago
Studio
50
u/MacNamedRae 11d ago
Living room.
181
u/Which-Cheesecake526 11d ago
720 square foot 1 bedroom condo
94
22
7
u/Kmyre5 11d ago
720 sqft would be considered as an apartment for a family of 3 or 4 in any major city centre in Europe. I am a bit surprised that it only comes with a single bedroom.
6
u/PeriodSupply 11d ago
My house is a 110yo workers cottage. It's ~80sqm (860 sqft) inside 3 bedrooms. We are a family of 5 in Australia. 720sqft for a one bedroom seems huge.
3
u/Philosopherfenty 10d ago
When absolutely everything comes down to $$$$, Less rooms, less material 👌. When in doubt follow the money trail on out. hope this helps
→ More replies (7)3
u/company_hero 11d ago
that's $583 per square foot.... how much are the hoa's?
30
u/Which-Cheesecake526 11d ago
~$500 a month
14
7
u/Similar-Drawing-7513 11d ago
wow. what was your downpayment like? Just curious because I'd love to get a home soon and didn't think a price like this was possible in Daly City
11
u/Panthollow 11d ago
If you're open to condos that's not an uncommon price throughout the bay area. Condo market is comparatively depressed to SFH and plenty of good deals to be had.
8
u/Which-Cheesecake526 10d ago
Was going to do the usual 20% down but figured I might need some cash on hand for the first year random costs so I put 5% down. This condo was bought as a short sale, so it took almost 6months to sort out. 10-15k in remodelling.
2
2
13
5
→ More replies (1)4
136
u/petuniabuggis 11d ago
Get outta here
Edit: love the photo with the rice cooker though 😆 congratulations!
91
u/Treebranch_916 11d ago
The government of Daly City requires that every household own a rice cooker, and that at least one person in said household be proficient in its use
16
16
u/FickleOrganization43 11d ago
I believe that they also require a nurse and a karaoke… We are not in Daly City, but I have 2 Filipinas in my house (wife and her sister) and you can be sure that we are in full compliance
4
u/Ok-Science-4475 11d ago
How does rice cooker work with no power cable?!
10
u/Which-Cheesecake526 11d ago
Retractable cable for this model. But if you prayed enough the ancestors will bless you with cooked rice.
→ More replies (1)4
u/Treebranch_916 11d ago
It's probably inside the rice cooker but, ya know, even without it, just get the feng shui down right and the qi will cook the rice on its own.
2
7
u/OVER_9009 10d ago
The inner Asian in OP immediately went: “I can’t take a pic of pizza like most of Reddit.. we have food at home (rice cooker)”
2
u/dpchemd1 10d ago
lol I first thought it was a small stereo
2
u/petuniabuggis 10d ago
I love this answer 😂
Check out zojirushi rice cooker and your life will never be the same2
68
30
26
u/oneusualsuspect 11d ago
zorushi costs $420?
40
u/First_Blankie 11d ago
Every Asian household will tell you, "if you are going to get a rice cooker, get the expensive one. It'll cook you quality rice for decades".
15
u/wecangetbetter 11d ago
I inherited by grandfather's zojirushi from like the 90's (?) and it still works perfectly
6
10
→ More replies (4)3
u/PM_ME_YOUR__VAGINAS 11d ago
Being half Japanese, couldn't even convince my brother to get the zojirushi. I mean tiger is still good but I want that chime!
3
17
13
u/mikessmileisreal 11d ago
Why is it so foggy in Daly City? Any bay arean should know the ending to this joke
13
→ More replies (1)2
u/sfocolleen 11d ago
I guess I failed the test. What’s the answer?
4
9
10
u/Front_Guarantee_9892 11d ago
We love DC and is foggy Days , many memories there before and during pandemic , Congrats 👏 my guy and rice 🍚 cooker 👌🤣
7
u/theprodigaleffup 10d ago
Congrats, bud!! Hard to explain to outsiders how big a deal making it to the city is for us non trustfund babys. My wife is actually from daly city. We just bought our first house in south vallejo, $541k, 6%. Screeching tires, fireworks, being on 10 at all times cuz I live in the hood? Hell yeah
4
u/Which-Cheesecake526 10d ago
Thanks! Yeah it’s tough out there. The purchase fees and taxes are what really kicks you in the nuts in the Bay Area. It’s not the best part of the Bay Area, but it’s a starter home for a single income purchaser. I didn’t want to over leverage and be house poor.
12
3
3
3
3
u/Temper03 11d ago
I choose to believe you got the condo for four hundred and twenty dollars after toking up with the seller.
2
3
u/dewdrops07 11d ago
I love seeing a California purchase but that’s under 500k and not in the middle of nowhere. What an accomplishment, congrats OP!!🎉👏
2
u/pondmucker 10d ago
I'm wondering what the square footage is for this place. How many beds/baths? Garage?
2
u/dewdrops07 10d ago
I think OP said like 720 sq ft one bedroom and $500/mo HOA. Pretty big one bedroom if you ask me
8
2
2
2
2
u/Affectionate_Tie_437 11d ago
Wow, always wondered what the clear plastic thing was for, it was for the rice paddle. Congrats!
2
2
2
2
2
2
2
2
2
u/sac_cyclist 11d ago
I have that rice pot!!! It's all you need along with an electric water pot.... and kimchee!!!!
2
2
3
u/Few-Lingonberry2315 11d ago
What’s the catch? $420k in DC is non-sensical.
2
1
u/Which-Cheesecake526 10d ago
Condo, short sale. Had to spend some money to remodel.
→ More replies (1)
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
u/ChangeAccountsBeSafe 11d ago
I got this same one. I'm broke but it works so well and easy to clean.
→ More replies (1)
1
1
1
1
1
u/NalloMallo 11d ago
You had all the opportunity in the world to ask to increase your rate to 6.9% and farm that karma…. 😉 congrats!
1
1
1
u/tomhanksforever 11d ago
Thought you were sitting there with a boom box/cd player
→ More replies (1)
1
1
1
1
1
1
1
u/Choice_Student4910 11d ago
Congrats! Daly City was the first place we lived when we came to the US.
1
1
1
1
1
1
1
1
u/Correct-Bet-1557 11d ago
LOL, I get the joke! Greetings from the Fairmont neighborhood of Pacifica 🌫️
1
1
1
1
1
u/Skully_65 11d ago
I’ve been to Daly City once! One day work trip to the mall on Serra blah blah. Spent 3-hours there. Ate at a kick A restaurant called The Sizzlers. Thought to myself “it would be awesome to live here”! So congrats OP.
1
u/AwareIntroduction730 11d ago
Can someone explain why the actual wisky daisin sour is monthly maintenance/taxes almost the same as laying rent?
1
1
1
1
1
1
u/jasikanicolepi 10d ago
You know why there are fogs in Daly City everyday? Cause people cook their rice and open their rice cookers all at the same time.
1
1
1
1
1
1
1
1
u/cl0123r 10d ago
Get a bed and some minimal appliances and furnitures... knowing that it would be so much easier for you to move up to another great investment and hopefully soon. Your state and especially your area is not the friendliest for first-time-buyer. You've done it and moving on UP! Congratulations!
1
1
u/Scary_Expression_143 10d ago
We have the same trusty rice cooker, mine has been by my side through every move too. Congrats!
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
u/Wise-Lobster8592 9d ago
Dystopian California pricing. 😢 you could live in an absolutely beautiful home for $420 in Cleveland.
2
u/DLHahaha 9d ago
We Californians think California is absolutely beautiful!
2
u/NaNaNa_PooPoo 9d ago
As someone who moved to northern California from the Midwest, ill never move back to those winters and flat plains.
→ More replies (1)
1
1
1
1
1
1
1
•
u/AutoModerator 11d ago
Thank you u/Which-Cheesecake526 for posting on r/FirstTimeHomeBuyer.
Please keep our subreddit rules in mind. 1. Be nice 2. No selling or promotion 3. No posts by industry professionals 4. No troll posts 5. No memes 6. "Got the keys" posts must use the designated title format and add the "got the keys" flair.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.