💥This record-setting pace will result in an all-time year record volume for 2021, reinforcing that the pandemic has only strengthened investor demand.

Heard Pace Morby (he was great) on BP Podcast the other day and sparked this question.

Now I got it out of my system, cancel most activities on this list except of two, but double down and focus: #1 my brokerage business (grow my team, no point in brokers license with KW) and #2 keep growing our portfolio at current pace. 

Originally posted by @Jeremy Pace:@E.S.

My understanding is prices are WAY up in the Big Bear area, and rents have not kept pace, hence less discussion about the area. 

thank you for breaking that down. my biggest take away from learning about the double close was that if it came down to EB not at ease about me making say, a 20-30k wholesale fee, a double close would leave my fee undisclosed to EB. but like i said the process seemed pretty face paced so i wanted to be clear on that and not get into a situation where i opted for a double close then was like..

Los Angeles was good to me for a long time, but I'm definitely enjoying a slower pace to life now, and I'm sure you'll feel the same

Yes, I am seeing what you describe in certain sub-markets, but paradoxically you'll have to spend less.Rents just don't keep pace as you move into higher-priced properties, and $250K in most (non-California) markets still buys you a pretty swanky house.

This is a marathon, and I have a great pace. 

Cycles are the most prominent feature of the real estate industry, we discuss late cycle behavior and current trends, which typically persist longer than cyclesIf the market is static and the pace of change is gradual, we may hardly feel the change, but they are happening even if subtlyToday, we are seeing changes of state in the housing market, which may see homeownership in the 2020’s drop to levels not seen since the 30’s and 40’sJoin AZREIA as we gather the brightest and most successful Arizona investors for a panel of “Prescriptions & Predictions” on navigating this amazing time in real estate.I think the first meeting is free to attend.