As tech professionals, we’re always writing beautifully authored code, producing intuitive prototypes, & growth hack marketing to at least 20% MAU growth by next month. We tend to forget that as we grow through our career as professionals, that a home is equally important in building & having our attention.

1. Real Estate 101
A Primer for Tech Professionals
By Ray Dipasupil

2. HI, I’M RAY!
➢ UX Design, Product Management, & Front-End
Instructor with General Assembly in Downtown LA &
Santa Monica. Backgrounds in software engineering &
UX design. With GA for 4.5 years, going strong!
➢ 7 years of fun with UX / Product Design & Front-End
programming experience with companies across
industries including Rovi Technologies, Tata Consulting,
Variety, ABCMouse, Internet Brands, & other projects.
➢ Design & product consulting with other different projects
& 3D printing with EEZITEC.
➢ Realtor with Rodeo Realty focused on commercial &
residential properties, & investments.
Email: ray@rodeore.com
Linkedin: linkedin.com/in/raysspl/

3. What is the Current State of the Real Estate Market?
Buying vs Renting? What matters to YOU?
Bonus: What is Real Estate Investing?
Q&A, Networking
Agenda
Ray Dipasupil

4. WHAT IS THE
CURRENT STATE OF
THE REAL ESTATE
MARKET FOR Q4 2017?
Ray Dipasupil

5. ➢ California existing home sales and prices - An extremely low supply of housing
for sale resulted in a downtick in year over year sales in October, and
continues to drive prices up.
➢ State median price $546,430, up 6.1% from October 2016.
➢ 3 month supply of homes for sale in October vs 3.2 month supply in
September.
➢ 11.5% fewer homes for sale 12/17 vs 12/16
Current State of the Real Estate Market
Ray Dipasupil

6. Current State of the Real Estate Market
Short on supply & inventory, high on demand
Ray Dipasupil

7. ➢ U.S. New home sales increased 6.2% in October
➢ New home construction was 13.7% in October
➢ CA unemployment rate down to 4.9% from 5.1% in September
➢ Wage growth slowed but CA is outpacing the US as national rate of wage
growth was 2.4% in October
➢ Mortgage Rates stable in November - Rates remain at historically low levels.
➢ 30-year fixed mortgage rate average was 3.90%, down slightly from 3.94%
Current State of the Real Estate Market
Ray Dipasupil

8. Who is Buying in California
Median Age: 45
Ray Dipasupil
Source: California Association of Realtors

9. Who is Selling in California
Median Age: 45
Ray Dipasupil
Source: California Association of Realtors

10. Tight Supply Pushed Home Prices ⅓ Sold Above Asking
Ray Dipasupil

11. Market Competitiveness Up in 2017
6 out of 10 had Multiple Offers
Ray Dipasupil

12. RENTING VS BUYING? WHICH ROUTE?

13. RENTING & BUYING
AREN’T GOOD
OR BAD
Ray Dipasupil

14. Equally Convincing Arguments in Favor of Renting
➢ You own your house, but you pay quite a bit in interest and taxes.
➢ You get a place to live. It’s not wasted money.
➢ Buying has an opportunity cost—the amount you can invest and earn on the
down payment, taxes, insurance payments, and interest.
➢ Not liable for repairs, maintenance, or other issues that come up.
Ray Dipasupil

15. Strong Arguments in Favor of Buying
● Paid off home is yours. You eliminate the expense of housing once
you’ve paid it off.
● If the home appreciates more than you’ve paid in mortgage, interest,
taxes, & maintenance over time, you’ve earned a return.
● Tax credits help offset some of the cost of homeownership.
Ray Dipasupil

16. ➢ How long you’ll live in the home
➢ The cost of housing in the area
➢ The opportunity cost of taxes & insurance
➢ The opportunity cost of down payment
Factor Dependent, Case by Case Basis
Ray Dipasupil

17. Or at least it should be… if structured correctly…
➢ Major consensus: Primary home is not an investment
➢ Investing myth is another valid argument against buying
➢ However...
A Home is Both a Purchase & an Investment
Ray Dipasupil

18. Just because your home
isn’t a great investment
doesn’t necessarily make
it a bad purchase.
Ray Dipasupil

19. ➢ American Dream of Homeownership but numbers have to add up
➢ Don’t buy a home & be house poor
➢ Buying a home for the sake of owning is pretty pointless
➢ Numbers & non-numerical numbers have to add-up, be pragmatic
➢ However… if you really have the financial means, it’s always a good
time to buy & invest in real estate
THE BOTTOMLINE
Ray DipasupilRay Dipasupil

20. Many ways to invest within real estate
➢ Fix-n-Flips
➢ Buy & Hold
➢ Notes
➢ REITs
➢ Private Lending
Bonus: Real Estate Investing
Ray Dipasupil

21. THANK YOU
NETWORKING, Q&A
RAY@RODEORE.COM
linkedin.com/in/raysspl/
Ray Dipasupil