All Forum Posts by: J. Martin

@Shaunak Deo,

Welcome to BP, and to the Oakland crew!
I own some property in Oakland and Richmond, and operate some other stuff around the Bay Area. 
There are lots of great local folks here on BP. Come say hi in person too!

@Katie P. and a bunch of us will be meeting up in Oakland by MacArthur BART on Sunday, the 25th at 4PM at Arthur Mac's Tap and Snack to chat if you can make it! It's all in the "events" section of BP. 

Hope to meet you soon in person! I think @Chris Mason above is going too.. 

@Katie P., 

Sunday, 6/25 meetup at 4PM in Oakland: 

https://www.meetup.com/REmeetup/events/240590210/

Here's the link for your meetup above. I put a link to this BP posting in the Meetup group also, and sent an announcement to the group. You should get it also.  
Looking forward to seeing you and everyone else who can make it out! I've been behind on talking with @Chris Mason also.. so looking forward to it!

Here's some of my travel photos and stories Katie! :)

@Katie P.,

Just flew back last night from my Northwest/Southwest/East Coast adventure. I should be able to make it :) Thanks for the tag! And thanks for coming out to my volunteer day at Laney Community College!

If you want more people to come out, I can put it up on my Oakland/SF meetup group. But you might get 25+ more people, so not sure how much room there is or how many investors you want to come out.. Let me know :)

@Nghi Le,

Glad to hear from you! (and I just announced this year's Summit too ;)
I saw your PM, and looks like it won't work out. 

But you, Andrew, @Elizabeth Colegrove , @Troy Fisher, @Stan 

@Stan K.undefined, and some of the other Seattle folks can all meet up while I'm there for a couple months.. 

Hello Seattle / Kirkland / Bellevue folks, 

Need: Seattle area private bedroom, basement, in-law, sublet, or weird space for 2 people (me and gf)
Dates: July 13 - Sept 13 (partial OK - will split)

Offer: 
1) Cash
2) Tickets to SF Bay Summit
3) Great real estate advice + Airbnb master if you want to get set up

Have a unfurnished basement you don't use? Tenant leaving in July? Empty space not making money? That bedroom sitting there empty? 

I'm planning on spending July 13 to Sept 13 in Seattle area with my girlfriend. We're looking for a private bedroom, basement space, in-law, or whatever's clever for an inexpensive place for the Summer. Furnished or unfurnished, depending on price.  1 month of the 2 is OK if that's what works for you. Maybe a space that usually isn't rented, but for someone you don't have to advertise for, interview too much, and make a good connection, in addition to some money.. might work. Also, if you have an unfurnished space, I'm willing to buy furniture and furnish in consideration of the total value, or help you get set up with Airbnb. (don't worry about your finishes. We care much more about going out and having fun than what your place looks like.)

I have almost a couple hundred good reviews on Airbnb, and a frequent traveler. Also, well known on BP and hosting on awesome Summit in SF Bay in Oct with a lot of the big BP names you'll recognize. Happy to provide multiple references you can verify. I also rent out furnished apartments for a living, so happy to exchange (or partially exchange with cash) my advice on getting set up. 

Seattle proper preferred, but Kirkland and Bellevue are in the mix. We found a basement for about $1,700/mo for a semi-private bedroom near downtown Seattle, but kinda weird situation in basement with a bunch of kids running around and no door. Some other private bedrooms in same price range, but further away from downtown.. 

Let's chat :)

 Mike,

There's no damage. 
Appreciate the head's up though ;)

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.)

@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?

@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 ;)

@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?