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All Forum Posts by: J. Martin

J. Martin has started 162 posts and replied 3640 times.

Post: San Jose Meetup - Tuesday 5/23/17

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925
Originally posted by @Account Closed:
Originally posted by @J. Martin:

@Johnson H.,

I'm out in Phoenix on the way to Boston, NYC, Philly, so can't make it this time. 
But you guys have fun :)  Gotta take what time you can get with Minh ;)

@Account Closed,

Usually nice to hear from you.. but can't win em all :-/
Glad no one got hurt and no damages.
But scary. I think this Shark Tank product is the way to go.

Will buy some shares before I make the big order ;) 
And of course take care of it if anything pops up regarding this. 
Sorry to ruin your night! :-/

I had this happen once in Richmond with my long-term tenants, and will probably do it all the way around. 

Nice you were still able to find a deal also 2 months ago, but getting harder all the way around it sounds like... Or gotta accept those lower margins and lower future expected returns, right? What is HAI down there now? Interesting to see where CA is at in the economic cycle now. Unemployment rate is getting to a level that it only temporarily hits before bouncing around and reverting. 

Rents are starting to soften/drop here in San Jose, SF, and even some Oakland units. Wages starting to rise more broadly. Shortage of highly skilled workers (even at very high pay). Pressures building up that makes it harder to press forward like we used to.. Make it through 2019 without a recession?

If history is any indication, this recovery cycle has matured. We should expect a downturn in the next year or two. It's time to shore up your balance sheet and wait for the downturn to go shopping.

The HAI for Santa Clara County currently stands at 19, three points off previous tops. However, it still means we're much closer to the top than bottom at around 45.

Crap happens. The fire captain said our on-site property manger saved our building. Have to go get her a thank gift now. I'm thinking $1k, and I'll be sure to send the bill to you. ;)

Send the bill over. Happy to take care of it Minh ;)

I agree, the clock is ticking, but regardless of exact timing, we're closer to the peak than the trough of this economic cycle. Santa Clara County probably shouldn't get back to the 16 points it did last cycle, right..? 

I forget who said something like..
"Market equilibrium is a theoretical point that prices gyrate past, on their way above or below the market price." Should HAI really go below 19 in Santa Clara County? Probably not. Does it matter? Only to the extent that it might cause some more friction on the next reversion. (and of course, less people being able to afford a home.)

Post: San Jose Meetup - Tuesday 5/23/17

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Johnson H.,

I'm out in Phoenix on the way to Boston, NYC, Philly, so can't make it this time. 
But you guys have fun :)  Gotta take what time you can get with Minh ;)

@Account Closed,

Usually nice to hear from you.. but can't win em all :-/
Glad no one got hurt and no damages.
But scary. I think this Shark Tank product is the way to go.

Will buy some shares before I make the big order ;) 
And of course take care of it if anything pops up regarding this. 
Sorry to ruin your night! :-/

I had this happen once in Richmond with my long-term tenants, and will probably do it all the way around. 

Nice you were still able to find a deal also 2 months ago, but getting harder all the way around it sounds like... Or gotta accept those lower margins and lower future expected returns, right? What is HAI down there now? Interesting to see where CA is at in the economic cycle now. Unemployment rate is getting to a level that it only temporarily hits before bouncing around and reverting. 

Rents are starting to soften/drop here in San Jose, SF, and even some Oakland units. Wages starting to rise more broadly. Shortage of highly skilled workers (even at very high pay). Pressures building up that makes it harder to press forward like we used to.. Make it through 2019 without a recession?

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Chris Mason,

Let's be sure to connect this week. 

@Albert Bui and @Jana Cain

Stoked you can make it! It's gonna be kick ***!
We have both of you registered.
Jana, I have some property out in Richmond also. 
Who are you most excited to meet/see at the event? What are your main goals? 

@Jonny C.,
Glad you're going to get it on the calendar this year! Super early bird tickets now, so it's as cheap as it will get unless you want to be my slave! hahaha ;)

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Chris Mason,

It's true! But gotta let the people know, right? 
Did you have a good time last year? Going to make it out again this time? 

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Brie Schmidt,

I might join you for the shark diving :) Napa wine tasting will be fun too. Who else is coming out from Chicago? Try to come with no casts/broken limbs this year!
Glad you enjoyed the networking last time too. I'm planning some more coordinated networking for this time :)
Who else is coming out from Chicago? @Danny Duran, you going to make it out to get some more questions answered?

@Albert Bui

Glad you can make it out from Seattle. I saw you and @Account Closed, 

Get your sh*t together and get out here before the ticket prices go up! I promise you some nice photos this year ;) I'm not sure if there's anyone from Newport Beach coming up yet, but we had some folks from San Diego and Orange County last time. 

We'll of course have lots of folks from San Francisco , Oakland , Berkeley  , Richmond , Albany , Pittsburgh , Marin , San Rafael , Peninsula , Walnut Creek , Antioch , Pleasanton , San Jose, Milpitas, Sunnyvale, Fremont, Palo Alto, Santa Clara, Mountain View, Gilroy, Santa Cruz, and Monterey too. 

Looking forward to seeing everyone there!

www.sfbaysummit.com

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Will Barnard

"@J. Martin I am excited about the event, excited about the future possibilities of a real estate downturn (where I can really make some money), and concerned about finding new deals to flip (they are hard to find)"

We'll have to hit on the economic cycle at the Summit, as it's especially compelling to myself and others at this point in the game. I refreshed some unemployment data this morning, and the CA Unemployment Rate is already lower than it ever got in 2006/2007, and on par the dot com boom. There's usually a recession not long after the CA unemployment rate gets to or goes below 5.0%. So the clock looks like it's ticking! 

@Lane Kawaoka,

Glad you had fun last year, but you're right, I didn't do a good enough job publicizing the pictures for the event. I hired an event planner this year, and we'll make sure we do better about sharing the pics. I will post many more pictures on this forum, I posted a picture I found of you below, and just PM'd you a google drive of a bunch of pics from the event for you to enjoy :)  Thanks for coming out Lane, and email [email protected] if you'd like some more pics. 

@Peter Mckernan

I'll talk to our photographer, Rika, about specifically getting pictures of you this year! :)

@Mel Jeffrey,

"I can't wait to attend I heard so many good things."

Mel, that's great to hear! Who you were you talking to? Or just in general on BP? 
The least expensive pre-sale tickets are on sale now at:

www.sfbaysummit.com

So excited to see everyone again and meet some of these awesome investors and speakers I've never met in person yet! Hard to do all in one place ;)

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Will Barnard,

We're stoked to have you out this year! You've been on my list of speakers to get out since the first Summit back in 2014 when I was working a w2 job! 
What's most on your mind right now Will? Anything you're excited or concerned about? 

@Brie Schmidt,

Welcome back out (again!). Always happy to have you out :) Anyone else want to go diving with great whites before the Summit? (full refund if you become shark bait ;) What did you enjoy about last time? 

@Chris Mason,

I just LOVE that building!!!

Great audio. 2 stages. 

Plenty of other space to network.

The big balcony overlooking Lake Merritt. 

Can't go wrong!!! What did you think of it last time? Tag some folks who might want to come :)

@Jeff Pollack 

It's going to kick *** again! As usual, we'll be having a couple happy hours, even more time for networking, better organized, and a better food situation. (on top of course all the great speakers and everything else we always do). Anyone you know who might want to come this time?  What did you like most about last time? 

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

We had an awesome time last year! What did you all think? Are you going to be able to make it out again? Tag a friend or two!

@Igor Zaytsev @Neil Evangelista @Ganesh S. @Stan K. @Tim Kunz @Lisa Miller @Bing Lee @Raimondo F.  @Brandon Foken @Debby Chen @Ofer Dallal @Doug Chinn @Jeff Pollack @Matt Mason @Omi C. @Nawien Sharma @Tony Rishell @Account Closed

Last year, we had speakers and attendees from more than 12 different states, and all over the SF Bay Area, including San Jose, San Francisco, Oakland, Vallejo, Gilroy, Monterey, up and down California from San Diego to Los Angeles up to Sacramento. 

Out of state folks came from Phoenix, Denver, Chicago, Philadelphia, Seattle, and as far as Anchorage Alaska!! 

We're looking forward to a diverse set of investors to network with this year also! You don't know what you don't know ;)

Post: Airbnb while having a dog/pet

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

@Nick C.,

There is a special box to check that "Dogs are on the property", so people searching know.

I would also include that in the summary description. 

As @Krystallin Baker and @Michael Greenberg said, it's just about being upfront. You also may want to include a saved message you can send to people when they inquire, if you're worried about it. 
Here's a little link w/ tips for hosts w/ pets also.. 
http://learnairbnb.com/host-pets/

Different question.. will YOU allow guests to bring dogs? 

It's a really big draw, as there aren't a lot of dog-friendly places on Airbnb. 

But not sure if they would fight. 

Post: San Francisco Bay Summit - Oct 7 & 8, 2017 - Join the Reunion!

J. Martin
Pro Member
#1 Real Estate Events & Meetups Contributor
Posted
  • Rental Property Investor
  • Oakland, CA
  • Posts 3,818
  • Votes 2,925

The 2017 SF Bay Real Estate Networking Summit is confirmed for Oct 7 & 8 in Oakland, CA!
www.SFBaySummit.com

For the third time, hundreds of real estate investors and experts will be gathering in the San Francisco Bay Area for a weekend of learning, networking, and joining forces to grow our real estate businesses!
This is NOT a Bigger Pockets event. But you'll recognize some familiar faces.

@Will Barnard, @Amanda Han, @J Scott, @Brie Schmidt, @Brian Burke, and many more will be out to share their experiences and answer your questions. 

Get your ticket (super early bird now!), a tax deduction, and seriously inspired!
www.SFBaySummit.com

"An exceedingly well-done conference, especially in terms of venue, speakers, vendors, info presented and opportunities for connection. What I learned and who I met will catapult me years forward in my abilities. Count me in for the next one!" - Erin A., Stockton, CA

Event: SF Bay Real Estate Networking Summit
Date: Sat & Sun, Oct 7 & 8, 2017
Location: Oakland, CA @ Oakland Scottish Rite

Get more info & Tickets here.. the earlier, the cheaper!
 www.sfbaysummit.com