All Forum Posts by: J. Martin

 Ethan, 
Thanks :) I'm a bit behind on emails, but try to keep up with all the attendees, speakers, and BP stuff..
I just confirmed Kimberly Smith, the founder of Corporate Housing by Owner (CHBO). She'll be there for the Saturday afternoon breakout sessions. So be sure to check her out also. She has great data she collects every year on the characteristics of stays, including length, and what guests are looking for. If San Francisco is working for you, then you're a step ahead of most!

Also, @Jenifer Levini will be at the event, who knows a lot about tiny homes, and is going to the tiny home jamboree in TX. You should check it out too if you're really interested. I think it's the largest gathering of tiny home enthusiasts and actual tiny homes in the US - possibly the world. Great seeing you again last night in Santa Cruz, Jen, and good luck with the Santa Rosa house. We're going to miss you too @Shane Pearlman! Capitola 's Discretion Brewery won't be the same without you!

@Lynn Currie,
Really looking forward to seeing you again! (you're the OG! every year :)
Thanks for coming out to share about raising capital. And I'm sure some people will want to pick your brain about Austin, building new homes, and investing in multifamily. The Santa Cruz meetup was last night! But you're welcome to come out whenever. 

@Jay Orlauski,

I just met an investor at Jeff Pollack's meetup in San Jose last night that said he really enjoyed your Summit out in Fresno. Keep it going!! 

Looking forward to seeing you out at the SF Bay Summit also :)

@Craig Curelop, 
Welcome (back) out from (now) Denver! :)  BP is such an awesome site. Hopefully love going in to work every day and helping out other investors :)

@Joseph Fang,

For Syndications, @Brian Burke , from up in Santa Rosa, will be talking about his experience, and @Lynn Currie from Austin will share about raising capital (and has experience investing in them.) @Dave Van Horn is our resident note expert. And @Amanda Han is the real estate tax expert. Be sure you don't miss their presentations at the Summit :)

@Joseph Fang,

Welcome out to your first Summit! I have you down for a 2-day ticket. And thanks for the shout-out @Brian Burke :)  Anything in particular you're most interested in learning about? 

@Ethan Cooke, 

Definitely connect with @Al Williamson and you'll meet other Airbnb folks in his breakout session. @Elizabeth Colegrove also rents furnished houses. Also, you'll be getting an email today or tomorrow for the networking app, Whova, which will let us look at each other's profiles for what everyone is interested in. I'm trying to work out timing with Kimberly Smith, CEO of Corporate Housing by Owner - but haven't been able to confirm yet. 

Chris, that was my mistake that the wrong topic got posted in. 

It's fixed on our website at www.sfbaysummit.com . Not sure if you can remove the prior pic..? 

Tagging some folks from 2016 that I don't think I've seen on this year's list.. What have you all been up to? 

@Joseph Atkin, @Jarrad Henry, @Craig Curelop, @Sam Lee, @Jin Kim, @Darius Falahkhir, @James Thiel, @John Barnette, @Eva Wu, @Deepika Tandon, @Jessica Yau, @Eric Z., @Jake Knight, @Pamela Starnes,

Any deals since last year? 
Anything new you're trying to learn, or people you want to meet? 

 Jenifer, 
We're enjoying Newport Beach a lot, but maybe we'll come up on Thursday. You or @Shane Pearlman have a place for my girlfriend and I to crash in Santa Cruz? I could maybe swap one beach community for another if it's still warm :) We drove all the way from Seattle to Portland through Sacramento down to Orange County to chase the warm weather. But I enjoy seeing everyone out there, so maybe I can get over the fog ;)

@Avi 

@Avi Garg, you're confirmed. Looking forward to seeing you there!

 Hi Avi,
Just took care of you.
Looking forward to seeing you in a couple weekends!

@Will Barnard, looking forward to it!! Probably only a few guys like @Jay Hinrichs on BP have made over $1MM on one deal..  We're lucky to have both of them out. I'll introduce you @Alice K. :) 

@Metra Ulloa, welcome up from Gilroy! Yes, I recommend getting to whatever meetups you can, but especially @Shane Pearlman's in SC, Jeff Pollack's in San Jose, and @Johnson H.'s in Milpitas. 

@Al Williamson, @Chris Clothier and I crossed our dates on our conferences, and he's going to be out in Houston leading a group there. But maybe he can still make it Sunday...? Chris, I was thinking maybe we could each set up an ipad with a Skype Video connection in each of our conferences, and investors could see what's going on and chat with each other or something. The BP community connected across the country.. Just an idea ;) We're missing you this year! Will coordinate on dates better next time :)

@Tony Xu, 
Welcome to the party! :)  It's a great group of folks. And we'll send out more info shortly.. 
Reserve friday, sat, & sun night for drinking if you can handle it all! :) You won't have far to come from San Francisco, so hope to see you for all of them!

 I see what you're saying Rich. 
I think what you're referring to is the magnitude of price reversions in the next recession. Without a lot of "irrational exuberance" from the market, there is less risk on the downside - although a lack of exuberance will not prevent a recession from taking place. 

My only slight difference in observation here is that people SAY there's risk and it's too expensive. BUT their ACTIONS tell another story. Prices are still going up (in the San Francisco Bay). Lots of new folks getting into the game. Still lots of home buyers in the Bay settling for what they can get into contract too, even if it doesn't meet their requirements, and it's $300K over list.. 

I wouldn't call it a "healthy" market in the SF Bay. (An agent might, because prices are going up.) 
But there is a growing lack of affordability, even across most Bay Area counties that have tended to be more affordable. 
As that lack of affordability across counties tends to converge, it seems to be a sign that there is thinner and thinner support left in the market, as prices continue increasing..  causing some rent and price risk after over 5 years of double-digit price increases.. IMHO