All Forum Posts by: Ryan Terwilliger

@Alex Verdugo It’s common courtesy and proper for the LA to at least respond with a “pass” email. If you are using an agent to submit an offer, get a representation agreement. They will place your best interest above their own, and actually answer the phone when you call.

@Justin Franklin Midland, TX for growth. The oil industry is big booming. Houston, TX for long term growth. The market now has two massive industries to prop it up through market corrections.

Realtors often come off as if we are defending ourselves but really we have a similar relationship to our client as attorneys do to theirs. No one suggests that making attorneys compete or that you should jump from attorney to attorney. That does not offer the best protection for you. You want someone that knows your needs and will jump when you call. Did you know that by letting a listing agent become an intermediary (work both sides) you give up the right to their experienced advice because they are working both sides and cannot give preferential treatment to one side, they basically become a communicator (in TX). If you sign an Buyers Representative Agreement they become a fiduciary, too many people still don't know what this is. Real estate can move so fast that you really want someone that will answer the phone ASAP and give you the best advice for your specific circumstance....not just advice. After all most deals are a no but if your agent needs a job he might say yes to everything. $ is made based on the decisions that the client makes and one bad decision can ruin you.

This is a sign of an elevated market. The question is what does it mean for the future? Most knee jerk reactions will say "a crash is coming" but probably not. 

1. Oil is predicted to continue to rise.

2. Californians are flooding in for jobs.

3. The re-sale market is appreciating which means more people can't afford a home so they have to rent.

4. Interest rates will "probably" continue to rise.

It will correct at some point but When?

Thanks for the great data!

I think that you really need to get the education and planning down before you start dumping money into marketing. I might be biased agent though.

Correct!

The safest way to invest is to hold it long term. Houston historically doesn't crash, it will correct but most are predicting not for another 2 years. Hint, keep an eye on Californians flooding (no pun intended) into Houston for work.

I agree with the predictions about the market continuing to rise at least through 2020. The perception is the deals are not there and that is true.....sort of. You really need to be focusing on the right markets and be willing to do more work for them. If you are keeping the appreciating market in mind the deals are there and please everyone stop watching HGTV!!!!!! It is not that easy. 

I think that model with the least amount of risk right now is buy in a good school area (7 or 8), 20-30K in rehab and rent it out for 1-2 years while the market appreciates. 

Houston will correct eventually but it probably won't crash. Great chance to buy and hold any time. 

Have you been approved and seen the home yet? I can help.

Great area!

Typically prices are neighborhood specific for SF. I suggest a professional for help when there is little data. A Realtor or an appraiser will have access to more data.