Bay Area Real Estate News, Insights, Market Data, and Strategies | Spencer Hsu Real Estate1 Loka 2020

Roofstock | Proptech Talk Thursday #7

Welcome to my new PropTech Talk Thursday series to take a look and provide my candid thoughts on new Proptech businesses. These could range from products to companies leveraging technology to improve all facets of real estate. The Real Estate industry is one of the slowest to adopt technology but there are many opportunities along with money chasing these opportunities. This week let me introduce you to Roofstock.

Based in Oakland, CA, Roofstock has raised $50M earlier this year for a total of $133M. They started their business in 2016 and have become a great option for people to be exposed to the world of owning single family rentals throughout the US. So what do they actually do? They are a platform where buyers can purchase properties from sellers. They have done over $2B in completed transactions.

What’s special about them? They make it really simple to see available properties that are potential homes to purchase in over 70 markets. They show you the financial projections and the homes are typically already being rented out to generate income minimizing the need to find a new tenant and start cashflowing. They also showcase information about the area which is very helpful for those that are not familiar with the location.

What are things to be aware of? Let’s analyze their business model. They take 2.5% from the sell side, and 0.5% from the buy side. If they have done over $2B in transactions, they generated $60M in revenue over the last 4 years which is no small feat. However, they also raised a total of $133M so where is that money actually going? The cost of the platform isn’t that complex, but it must be a huge cost to market for people to come to the platform to buy investment properties, but also sellers to sell here instead of selling through the traditional route with using Realtors. Their client acquisition cost must be pretty insane.

What they are doing here isn’t unique for those that are familiar with this business model. They are a basically a massive online turn key provider which proposes an easy solution for investors that want exposure to rentals out of the area. However, you want to be careful with all of their projections. It’s really convenient for investors to be able to see all these properties but how good are these properties really?

Even in a high appreciation market like the Bay Area which does between 5-6% a year on average over the last 40 years, this town in Texas is projecting 4.4% which is pretty aggressive. If you connect with local turn key providers that don’t have this kind of marketing budget, you may be getting better deals with more meat on the bone. The benefit of Roofstock is that they are a big brand so familiarity may help get you started into the space but to keep building up your rental portfolio might be a different matter.

If you are looking to get your foot into the door of investing in out of state, this is a great option as it’s a big brand that simplifies the process. However, if you want better returns, it may be better to connect and compare with some local provider, that would not have this same kind of premium on homes. You can simply Google turnkey (city) to find them.

So what do you think? Is this an option that you would consider? Leave it in the comments with your thoughts and if you would just buy a home yourself, and do your own renovations.

If you’re interested in buying, selling, or investing in residential or commercial real estate in the 📍SF Bay Area, contact me today!

📧Spencer@spencerhsu.com

📞 (408) 547-4590

⏰ Set up a time to chat: https://calendly.com/spencerhsure

🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/

🎙️ Listen to my podcast: https://redcircle.com/shows/bayarearealestate

📸Follow me on Instagram: https://www.instagram.com/spencerhsure

🧑‍💼 Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu

🛎 Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7

🏠💲 Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW

My Background: Born and raised in the Bay Area, I spent 11 years as Technology Sales Manager before becoming a Realtor. Having personally invested and done renovations through house flips in the Bay Area, I wanted to help busy professionals in the Bay Area tech industry find their dream home by leveraging tech, data and local insights. Our team specializes in creating trusted frameworks of buying, selling, and investing in the Bay Area. In 2022, we are thrilled to share that we have helped 80 clients in the Bay Area with their moves, which positions our team as the Top 1% groups in the country. Looking forward to helping you into your next home and save/earn you more money!

Spencer Hsu, MBA, Realtor

Spencer@SpencerHsu.com

408-547-4590

EXP Realty DRE #02077253

https://www.homesbyspencerhsu.com/

#BayAreaRealEstate

Kokeile Premiumia

Nauti 14 päivää ilmaiseksi

Tilaa Premium

Jaksot(362)

Berkeley CA BEST Pros and Cons 2024 | Moving to Berkeley | Bay Area Real Estate

Today, I'm taking you on a journey through the ins and outs of living in Berkeley, CA in 2024. If you're thinking about moving to Berkeley or investing in Bay Area real estate, you won't want to miss this! I'll be sharing my insights on everything from the dynamic cultural scene to the cost of living. Don't forget to hit that like button, drop a comment, and subscribe for more Bay Area living tips. Let's discover Berkeley together!-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

6 Tammi 202410min

Santa Clara CA BEST Pros and Cons 2024 | Moving to Santa Clara California | Bay Area Real Estate

Discover the pros and cons of living in Santa Clara, California! In this video, Spencer takes you on a journey through the beautiful city of Santa Clara, exploring its unique features, attractions, and lifestyle. From the vibrant tech scene to the stunning outdoor spaces, we'll dive into what makes Santa Clara a great place to live and work. But, we won't shy away from discussing the challenges and drawbacks of living in this Silicon Valley city. So, if you're considering moving to Santa Clara or just curious about life in the Bay Area, this video is for you! Don't forget to like, comment, and subscribe for more insights on living in the Bay Area!-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivinginSantaClara #MovingtoCalifornia

6 Tammi 20245min

South Santa Clara CA BEST Pros and Cons 2024 | Moving to Santa Clara | Bay Area Real Estate

Welcome to another episode on Living in the Bay Area! In this video, we're exploring the BEST Pros and Cons of South Santa Clara, CA in 2024. If you're considering moving to Santa Clara or investing in Bay Area real estate, this video is a must-watch! 🌉-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Spencer HsuCall / Text: (408) 547- 4590Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivinginSantaClara #MovingtoCalifornia

6 Tammi 202415min

Where to live in the SF Bay Area? [TIPS FROM A BAY AREA NATIVE]

🏠 Discover the best places to live in the SF Bay Area with Spencer Hsu, your Bay Area native and real estate expert!In this video, we'll explore San Francisco, Marin County, San Mateo County, Santa Clara County, Alameda County (East Bay), and Contra Costa County. Learn why Bay Area home prices are the way they are, and get insider tips on commuting in the Bay Area. 🚗 We'll also help you find the perfect city to call home based on your unique criteria. Don't miss out on these valuable insights! 00:00 Introduction00:17 Bay Area Overview01:55 San Francisco07:00 Marin County08:32 San Mateo County11:00 Santa Clara County13:06 East Bay (Alameda County)14:27 Contra Costa County17:15 Bay Area Home Prices18:37 Bay Area Commutes-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

6 Tammi 202423min

Los Altos CA BEST Pros and Cons 2024| Moving to Los Altos | Bay Area Real Estate

Welcome to another episode on Living in the Bay Area - Spencer Hsu, MBA, Realtor! In today's video, we're exploring the BEST Pros and Cons of living in Los Altos, CA in 2024. If you're considering moving to Los Altos or just curious about the Bay Area real estate, this video is for you! -Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

6 Tammi 202412min

California Insurance Crisis: Options for Homeowners in 2024

Thinking of a Bay Area hillside home? Beware of the California Insurance Crisis! Insurance giants like State Farm and Allstate are leaving California, impacting your options. High risks, rising costs, and an old law are forcing insurers out. Limited choices and pricier coverage, especially for fire-prone spots like Berkeley and Oakland Hills. Act fast: scout insurance and lean on me for guidance. Comment your thoughts on California's insurance challenge.-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

6 Tammi 20242min

Unlocking Wealth at Home: Bay Area Luxury Estate Sale Interview with a Top Liquidator

Discover the secrets of unlocking wealth from unwanted belongings with Kuzak's Closet, a full-service professional estate liquidation company in the Bay Area! 🏡💰 In this video, we sit down with the experts to learn how they help clients transform their unused items into a goldmine. From luxury estate sales to unique finds, uncover the potential of your hidden treasures! 💎✨-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

6 Tammi 202422min

Where to live in Santa Clara County 2024? | Moving to the Bay Area | [TIPS FROM A BAY AREA NATIVE]

Are you looking to live in the Santa Clara County region in 2024? In this video, I'll share with you my tips on where to live in the Santa Clara County region, based on your lifestyle and commute.Take a look at my list of the top places to live in Santa Clara County, based on factors like commute, cost of living, and more. I'll also share with you my thoughts on the areas on my list, so you can get a better idea of which place would be best for you. After watching this video, you'll have everything you need to make an informed decision about where to live in the Santa Clara County region in 2024!-Spencer Hsu is a Bay Area Real Estate Agent, a Residential, New Home Construction and Relocations specialist with eXp Realty LLC. Serving the entire Bay Area. He aims to help busy professionals in the Bay Area tech industry find their dream homes by leveraging tech, data and local insights.CONTACT ME: Call / Text: (408) 547- 4590DRE 02077253Email: spencer@spencerhsu.com www.homesbyspencerhsu.com💥 Follow me on Social Media 💥 → Instagram: https://www.instagram.com/spencerhsure/→ Facebook: https://www.facebook.com/spencerhsure→ LinkedIn: https://www.linkedin.com/in/spencerhsu/_________________________________#BayAreaRealEstate #LivingintheBayArea #MovingtoCalifornia

5 Tammi 202416min

Kaikki yhdessä sovelluksessa

Kuuntele kaikki suosikkipodcastisi ja -äänikirjasi yhdessä paikassa.

Sinulle valikoitua sisältöä

Podme-sovelluksessa kokoat suosikkisi helposti omaan kirjastoosi. Saat meiltä myös kuuntelusuosituksia!

Jatka kuuntelua koska tahansa

Voit jatkaa siitä mihin jäit, myös offline-tilassa.

Premium

9,99 €/kk

Kaikki premium-podcastit
Ei mainoksia
Ei sitoutumista, peruuta koska tahansa

Aloita 14 päivän kokeilu

Premium

13,99 €/kk

Kaikki premium-podcastit
Ei mainoksia
Ei sitoutumista, peruuta koska tahansa
Yksi lisäkäyttäjä

Kokeile 14 päivää maksutta

Suosittua kategoriassa Liike-elämä ja talous

Tarinat ja äänet, joita rakastat kuunnella

Kuuntele kaikki suosikkipodcastisi ja -äänikirjasi

Lue lisää