Are you planning to invest in the Tri-Valley real estate market? 

Many are choosing the route of investing in real estate here in San Ramon and other nearby areas to increase their generational wealth. Rama gives her two cents on the matter and why you should be careful in choosing the avenues where you are going to invest. 

Watch the video here:

WHAT'S HAPPENING TO THE TRI-VALLEY REAL ESTATE MARKET?

So today I'm going to express my opinion that may or may not sit well with a lot of people.

This is just humbly my opinion of what I am observing that's happening in the marketplace.

I'm part of a lot of social media Facebook groups and I see a lot of chatter about building generational wealth and people selling coaching to teach you how to do investing.

I'm not an investor. I've never claimed that I teach investment classes or I've helped a lot of investors. I really haven't because the trajectory of my career was when I really started my career that's, you know, close to that time is when the downturn actually happened in 2008.

RAMA'S OBSERVATION IN THE REAL ESTATE NEWS LATELY

And what I'm seeing and hearing silently a lot of the things that are being said in these groups and brainwashing people is a spin of what happened and caused 2008 debacle. They're talking about using leverage from your homes which means refinance full cash out and then go buy another property do the same to the other one.

I saw that happen from 2004 to 2006 and seven a lot of people bought properties on speculation in the hopes of appreciation and secondly, good rentals when the market crashed the depreciation went down to even more than 50 in certain areas and the renters ran away and didn't pay. A lot of people faced the same issues during COVID so if you're having the thoughts of being an investor, please make sure that you do your due diligence.

You're using leveraged borrowed money to play with. Things can change. Global circumstances can change the lending industry and guidelines can change overnight. The dollar can get devalued overnight so be very careful if you are planning to do the investments.

You got to make sure that it's a long-term plan. You've got to be cash-heavy. Don't always use all the leverage because that thing can spin out of control pretty quickly. Just as somebody who's been in the business for about 18 years now, I'm just gonna say I've seen the best and the worst of this market and I'm gonna tell you be cautious with what you do.

THE BEST THING TO DO REGARDING TODAY'S SAN RAMON REAL ESTATE MARKET

Do not get carried away with the spin because there is a lot of BS being spun around there and a lot of people are getting caught up with it. So be careful. Run your numbers very carefully before you make an investment and it has to be a long-term game. Otherwise you will land up in a situation where you may have to short sell your home or foreclose on it. So be very careful instead of build building generational wealth for your family you could land up actually spoiling your own financial future.

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Looking for a buyer's agent? Watch this to know what to look for! 

How about a listing agent? Rama shares the difference between a discount agent and a high quality agent in this video. 

If you want to work with our team, call us a call at 925-415-0835!