Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Friday, February 9, 2007
YouTube, risk and REWARDS
As quoted in Michael Liedtke's YouTube article today in the Merc: "You can sort of look at Silicon Valley as a giant casino where you need the slot machines to pay off at certain intervals. It's payoffs like this that makes people want to keep taking risks." - Keith Rabois (a YouTube investor). What does this have to do with real estate in the Bay Area? Mucho my dear investor - The vibrant, the intelligent, the movers and shakers will continue to thrive here - Many will win and those wins will continue to make this a place where everyone wants to attempt to be. With jobs available and payoffs in the minds of each techie out there, Silicon Valley will continue to be a crowded place.
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