All Forum Posts by: Heather Wilkerson

Hi Tony! I serve clients (and BP members) in SF, and would be interested in talking more. :)

@Jitendra Mandalia Of course, shoot me a message and I will share his contact. 

@Alex S. - The 2020 year end data for SF shows that condominium prices are down only 2% year over year. Of course there are some areas that have been hit harder than others, but overall the decline in rents has been much more steep than the decline in property values. All of my team’s post-covid listings have sold within two weeks and the number of new buyers entering the market is the strongest I have seen in years. As employers start to bring people back to the offices, we are projecting that condominium values will stabilize further. Happy to provide you a valuation if you are seriously considering selling. Once you have the firm numbers, it will be easier to run scenarios and determine the best course of action. Best of luck!

I highly recommend @Alex Bekeza

CRES Property Management is great - call Stacy. 

@Robert Nabong - feel free to send me the details. Thanks!

@Robert Nabong - Mill Valley had their best month in history last month. It is an extremely competitive market for single-family homes. Many homes are receiving 10+ offers right now. If you select a good location and the right finishes, a flip would do very well. 

@Hernando Quintero - Exciting! You are already ahead of the curve by being a property manager. Congrats on starting the journey!

@Julie Petersen exciting! Sounds like you are on the right track. If feasible, I would suggest adding two different units for maximum ROI. I have clients who are having good success renting their studios on Airbnb with 30-day minimum rentals to traveling nurses. Of course, this was pre-covid-19, so normal Airbnbs have flooded this market a bit, but I expect that it will return to normal once this has passed. If so, that will help you increase your ROI even further. One additional consideration is resale value. A single-family home with multiple rental units won't always achieve the same resale price as a home with one in-law. So depending on your long term strategy and timeline, that will be a consideration. Happy to chat/brainstorm with you in more detail if interested. Good luck!

@Chintan Parikh - Congrats on starting the journey! I am in SF and invest both here and out of state, let's connect. I'll shoot you a message. :)