How to get started in Real Estate in the Bay Area | Bay Area Real Estate Tips #31

How to get started in Real Estate in the Bay Area | Bay Area Real Estate Tips #31

The Bay Area is one of the most attractive places to live and work in the US. Boasting various job opportunities, sightseeing and natural beauty. The Bay Area is also host to a healthy market and a thriving local economy. All of this makes it an excellent place for potential real estate investors to start buying property and building up a portfolio. I get asked a lot, “How can someone get started investing in Bay Area real estate with no prior experience with investing? Isn't it too expensive?" In this video, I hope to clarify the process of getting into real estate and answer this frequently asked question.


The first step for anyone who doesn't own property or a home and is interested in investing is, to get pre-approved by a lender and a primarily a local lender. The pre-approval process involves credit checks and research of your financial history, which will help the lender to understand what you can buy up to.


Once you're pre-approved, you're free to begin looking for places to invest in within the Bay Area. That's when individuals and buyers sync up with myself to get that conversation going and to create your own search parameters.


So that leads us to the next question, “If you aren't a home owner already, what's your best option to getting into investing?" House hacking is the best arbitrage you can make because it means that your tenants are essentially paying your mortgage for you, at the same time, you get the benefits of owning a home. If you already own a home and want to consider another home, you can now think about purchasing a rental property.


The beauty of the Bay Area and the strategy, has always been the long-term appreciation. The Bay Area gives you an idea has gone up 6% a year on average over the last 30 to 40 years. This is the highest across the country. With the high paying jobs, limited space for growth and difficulty to do construction, these factors make the properties in core Bay Area locations, extremely valuable.


Even though getting into real estate investment might seem a bit intimidating, don't let that stop you and don't psych yourself out before you begin. Purchasing real estate in a prime area like the Bay area is a wise choice for your financial future. If you choose your property and location well, you could expect to see returns on your investments for years to come. Think about Palo Alto. Did you know that Palo Alto has 50% renters? What's even more interesting is that, that means several people in Palo Alto own multiple homes. So you can see how they think and how they have accrued and amassed so much wealth.


Hopefully this video helped enlighten you about the process of getting into real estate with an investment mindset.


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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

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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

Jaksot(362)

Purchase Mortgage Market Sees its Best Days | Bay Area Real Estate Market Report April 16, 2021

Purchase Mortgage Market Sees its Best Days | Bay Area Real Estate Market Report April 16, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Every major Bay Area city has seen home values go up in the pandemic. Except for oneBig NYC investors grab Fremont buildings with life science tenants NetApp will move headquarters to San Jose’s Santana Row The purchase mortgage market is back on top Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharingSan Mateo County 8:37Santa Clara County 9:18Alameda County 10:59Contra Costa County 11:36San Francisco County: 12:57Marin County: 13:54🗓 Want to schedule a time for a free consultation? Find a time that works for you!  https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

16 Huhti 202116min

Why Should YOU Sell in Today's Market?

Why Should YOU Sell in Today's Market?

It's a sellers market and your chance to take advantage of high buyer confidence is now, ESPECIALLY if you are living in the Bay Area currently. Homes are pushing record prices even as interest rates are rising! However, what does this all mean for sellers and if the market is so 🔥 then why move? Listen to my advice where I answer all of your questions here during today's video.If you are considering the move and ready to make the jump, reach out to me to talk about the process using one of the contact methods below, I'm always here to help!🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor​​🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​​🎙️Listen to my podcast: https://bit.ly/3bJx88​​📸Follow me on Instagram: https://www.instagram.com/bayareatech​​...🧑‍💼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/2Fvk41fbD6kiRtHt5​🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW​​Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253​​#BayAreaRealEstate​​ #TechRealtor​

13 Huhti 20212min

Millions Projected to Enter the Housing Market | Bay Area Real Estate Market Report April 9, 2021

Millions Projected to Enter the Housing Market | Bay Area Real Estate Market Report April 9, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Millions will enter housing market in 2021: Zillow (1:20) Waymo seeking more San Francisco office space - San Francisco Business Times (2:27) Tech, life sciences bolster commercial market in Bay Area (3:27) Real estate: Big investors grab Symantec Mountain View buildings (4:50)/ The State of Rental Real Estate in SF: Ziprent And The Rent Decline Reversal (5:48) CFPB proposes foreclosure ban until 2022 (8:09) These are the most competitive housing markets in the US (10:57) Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharingSan Mateo County 13:32Santa Clara County 14:56Alameda County 15:50Contra Costa County 17:16San Francisco: 17:37🗓 Want to schedule a time for a free consultation? Find a time that works for you!  https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

9 Huhti 202119min

GOOGLE IS BACK THIS MONTH! | Bay Area Real Estate Market Report April 2, 2021

GOOGLE IS BACK THIS MONTH! | Bay Area Real Estate Market Report April 2, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Google joins tech's reopening wave with April return to office (0:26) Bay Area home sells for $1 million over asking price (2:05) Private mortgage insurance industry boomed in 2020 (6:08) What Biden's infrastructure plan does for housing (8:07) Latest Market Data for all counties in the Bay Area https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingSan Mateo County 9:44Santa Clara County 10:48Alameda County 11:34Contra Costa County 12:12San Francisco: 12:57Marin County 13:23🗓 Want to schedule a time for a free consultation? Find a time that works for you!  https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. $41M+ YTD in happy transactions! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com (408)223-5493 EXP Realty DRE #02077253 #BayAreaRealEstate #TechRealtor

2 Huhti 202115min

No signs of exodus here! Google invests $1 billion | Bay Area Real Estate Market Report March 26, 2021

No signs of exodus here! Google invests $1 billion | Bay Area Real Estate Market Report March 26, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) No exodus here: Google to invest $1 billion on California real estate in 2021 (0:23) 'Deurbanizing' of Bay Area during the pandemic shocks North Bay housing markets (2:37)Dropbox subleases SF HQ to second biotech firm, reports nearly $400 million loss on real estate (3:32)Lennar triples down on homebuilding plans (5:35)Spencer Rascoff outfit Pacaso raises $75 million (6:45) Compass aims for $10B+ market valuation (8:36)White-label brokerage Side achieves unicorn status (8:53)Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingSan Mateo County 10:33Santa Clara County 11:55Alameda County 12:56Contra Costa County 13:25San Francisco: 15:02🗓 Want to schedule a time for a free consultation? Find a time that works for you!  https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. $41M+ YTD in happy transactions! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com (408)223-5493 EXP Realty DRE #02077253 #BayAreaRealEstate #TechRealtor

26 Maalis 202117min

A SURGE in the Bay! COVID eases down | Bay Area Real Estate Market Report March 19, 2021

A SURGE in the Bay! COVID eases down | Bay Area Real Estate Market Report March 19, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area RealEvery week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) The Bay Area real estate surge is back as COVID eases (0:27) Google to invest $7 billion in bet on post-pandemic office (1:17)https://www.wsj.com/articles/google-invests-7-billion-across-u-s-as-it-bets-on-the-post-p andemic-office-11616069081?st=kpm2q5wd3seflq0&reflink=article_email_share   Real estate: Bay Area hotels in bankruptcy go on auction block (3:06) San Francisco office buildings are full of vacancies (4:11) Amazon Web Services to leave University Circle office in East Palo Alto (5:55) UWM releases jumbo product to frazzled brokers (6:52)  Homebuilders are slowing production despite wild demand (8:16)Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharing10:41 San Mateo County11:29  Santa Clara County13:24 Alameda County13:49 Contra Costa County14:44 San Francisco 15:50 Marin County🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​🎙️Listen to my podcast: https://bit.ly/3bJx88​📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

19 Maalis 202118min

Why 2021 will be a record year for Bay Area Real Estate!

Why 2021 will be a record year for Bay Area Real Estate!

2021 is looking to be THE year for Bay Area real estate. With January 2021 home sales exceeding goals and at their highest since 2009, we'll find out just why that is. The well paid engineers and tech professionals known to live in the area are now looking to invest long term as their future immigration status has a secure outlook with a new change in presidency. Combining that with IPOS, SPAC lockouts and a whopping $1.9 trillion stimulus plan in the works, people are looking to real estate as their prime investment opportunity! Continue watching as I talk numbers, results and tips!🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​🎙️Listen to my podcast: https://bit.ly/3bJx88​📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

19 Maalis 20213min

San Francisco’s Second Largest Sale EVER! | Bay Area Real Estate Market Report March 12, 2021

San Francisco’s Second Largest Sale EVER! | Bay Area Real Estate Market Report March 12, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area RealEvery week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) Dropbox headquarters selling for $1.08 billion in San Francisco's second-largest sale ever (:01) Top 10 US Biopharma Clusters (1:49) COVID: East Bay Town Of Mountain House Sees Pandemic Real Estate Boom (4:30) Spring housing market forecast: record purchase volume(6:30)  Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharing10:02 San Mateo County13:25  Santa Clara County14:45 Alameda County15:10 Contra Costa County15:50 San Francisco 🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​🎙️Listen to my podcast: https://bit.ly/3bJx88​📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

12 Maalis 202119min

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