HEY YOU GUYS.
How are you? How are things? How are you feeling about the real estate market? I am going to start with weekly reminders
that there isn't going to be a major bursting bubble, there will not be a crazy crash and there you are not going to find hundreds of foreclosures popping up.
People have too much equity, the job market is holding steady, and most people will sell long before it ever even got close to foreclosure. You might see a few short-sales, but even those are going to be few and far between.
What have I been up to? I'm glad you asked. First of all- I am really working on my book! I spent yesterday at the Richmond History Museum digging through the archives. Anyone want to help? I'm going to help them organize a small collection of photos of houses, if you love history, I'd love to have some assistance! I have a background as a trained archivist, so I volunteered to organize and sort this box of original photos from the 1940s. Super cool stuff! Also, this past week I leased and project managed some repairs on a 1br condo in San Ramon *and* I signed a new listing-- a 2 unit on the Berkeley border that is move-in ready. What would be better than to live in a low-maintenance1br apartment while your downstairs neighbors pay the bulk of your mortgage? Call me for information.
That brings me to my main topic for today- what is it really like to be a real estate investor? I know a lot of people think it is glamorous and fun, get rich quick, all monocles and top-hats but it can be a real slog. It is all about delayed gratification.
"It is about building a better tomorrow for yourself, and your family, by putting off some luxuries now."
We spent years thrift shopping, being broke, and rarely eating out. I myself have installed cabinets, mowed lawns with a baby on my back, grouted tile with a toddler in tow, and painted more walls than I'd care to tell you about. I have stripped wallpaper, steam-cleaned carpets, and installed flooring. Sometimes you have to step up and do it yourself at the least convenient times, and sometimes you can hire someone. The payoff is incredible though. The small investments I made in my early 30s have helped me buy almost a dozen other homes. And you know what I am really passionate about? Helping you figure out how to get there too. And if you are already there, I'd like to help you when you are ready to cash out or move on to your next project. I have done Airbnb, short-term rentals, long term rentals and I am well-versed in rental laws in the East Bay here in California as well as where the best areas to invest are outside of the Bay Area and in other states.
I have helped hundreds of people buy, sell or lease homes in three different states, and I want to help you too! Call me. 510-545-6390