China is one of the wealthiest countries in the world. With over 1 billion mainland Chinese, it is an inevitability that China will become the richest country in the world one day. Mainland Chinese people are buying U.S. property. Foreign buyers is one of the reasons why I’m so bullish on the housing market post-pandemic. […]
How To Profit From The Wealthy Mainland Chinese Read More »
I live in San Francisco, where I can’t go a day without hearing how unaffordable it is to live here. Let me share three immediate solutions to a housing affordability crisis. The media loves to excoriate the tech companies for pricing out poorer residents who’ve been here for decades. Ironically, the majority of techies themselves can’t afford to
Three Immediate Solutions To A Housing Affordability Crisis Read More »
Life isn’t fair, but the savvy learn how to take advantage of unfair situations. For example, I came up with a master plan to buy another property due to IPO delays. A lot of things in life are out of our control. So it’s important to turn lemons into lemonade. Stock market corrections remind us how
Is real estate the next asset class to fall? I thought so on January 13, 2016 when I first wrote this post. Then I sold my rental property in 2017 and watched real estate weaken in 2018. However, post-pandemic, the housing market is back and stronger than ever! Let me share with you from sentiments
Real Estate Is The Next Asset Class To Fall And Why I’m Not Worried Read More »
There’s an incredible joy of living within your means. The more you can live within your means, the happier you will become. You will appreciate more of what you have, and desire less of what you don’t. “Do not spoil what you have by desiring what you have not; remember that what you now have
The Joy Of Living Within Your Means Read More »
Only 10% of the population makes more than ~$113,000 a year, but if you live in the San Francisco Bay Area, it seems as if everybody is making six figures or more due to sky high housing prices. Let’s hear from my friend Chris, who so happens to make a healthy income working at one of
If A Googler Lives In A Mobile Home, Why Complain About Living Costs? Read More »
Are you thinking of buying a vacation property to live a better life? I’ve owned a vacation property since 2007 and let me say I should have just rented instead. This post will discuss all the reasons why you should not buy a vacation property. I understand why people want to own a vacation property.
Reasons Why You Should Not Buy A Vacation Property Read More »
Damn. My $1.2M offer for the $899,000 Golden Gate Heights fixer did not win! Time to cry in a bucket of coffee ice cream with sprinkles on top. Let me share with you a failed real estate offer I made a while back. With the housing market very strong post-pandemic, you will likely have a lot of
Spraying, Praying, And Missing! Analyzing A Failed Real Estate Offer Read More »
Your goal as a homeowner is to enjoy your home and minimize costs as much as possible. If you can convince the property assessor that you live in a dump, then all the better! Unfortunately, in a rising property price environment, minimizing cost becomes much more difficult due to rising property taxes. When things are going
The Property Assessor Always Wins In A Bull Market – Filing An Appeal Is Useless Read More »
Rents have been going up aggressively since 2020. And it always amazes me how much some people are willing to spend on rent. This article will discuss who spends over $100,000 a year on rent. I’ve been a landlord of multiple properties in San Francisco since 2005. Once rent hit the $2,000 a month mark
Who Spends Over $100,000 A Year On Rent? Apparently All Types Of People! Read More »
