Peter Tamura's Blog

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Real Estate Agent - Coldwell Banker Select
RECENT BLOG POSTS
Good morning! I got my e-Pro designation over twenty years ago, the certificate is dated Jan. 18th, 2004. If you ever got this designation, you can still log in, it's eProNAR.com. Being familiar with tech, AI and Social Media are probably more important than ever, the e-Pro course was updated two...
01/24/2024
When you consider the path of real estate investing and why more people don't invest in real estate, one could probably divide the reasons into different categories. Number one, not knowing what to do, number two, knowing what to do and not doing it and three, starting and being derailed along th...
01/22/2024
If you watch certain financial influencers, they will specifically say, "Don't buy a house" or "a house is not a good investment. These include Ramit Sethi, Morgan Housel, and Robert Kiyosaki who famously says, "A house is not an asset," despite owning according to him around 16,000 units. He als...
01/17/2024
I was in Japan in March of 2023, in considering the plight of Millenials(27-42) and Gen Z(11-26)in the US, I noticed these differences between Japan and the US.1. If you live in the US, in most places you need a car. The average new car payment in the USis $733 (Kelley Blue Book 2022) Add to that...
01/05/2024
Of course people ask this all the time, the answer depends on whether you own a home that is a scarce commodity, or whether it is a luxury item. I define a scarce commodity in this case as a house that I can sell within two months in a slow market. In Tulsa, I think anything under $500,000 in the...
10/03/2022
Ethan and Brittany recently bought a home in Tulsa, Oklahoma for $160,000. They are the youngest home buyers I've ever worked with, the previous was a tennis pro Olivia who was 23 and Alex, a nurse, she was also 23. Ethan is 22 and Brittany is 19!The average age of a first time home buyer in the ...
09/13/2022
Think about this.Does it stand to reason that some companies within an industry are more successful than others? What about this, do you think some industries are more profitable than others? If you agree with either/both of these queries, why would you think simply buying an index of stocks is a...
10/23/2020
Once, I had clients that bought a big home that needed fifteen internal piers and the tenants had convinced the courthouse to put the home in their name!! Instead of running in the other direction, my clients pursued the house because it was cheap. It took seven months to unravel the issue with t...
03/06/2020
When people ask me these days how the market is, I tell them it depends which price range you are talking about. In the Tulsa and surrounding suburbs, the absorption rate shows that the dividing line is around $400,000. Sub $400,000, the absorption rate is five months or less, above the price, th...
03/03/2020
Robert Kiyosaki is the author of Rich Dad Poor Dad which is the best selling personal finance book of all time. He likes to point out that a home is a liability rather than an asset. This has always been a bit of a headscratcher for me, I know that if you listen to him or read his books, he often...
02/03/2017
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Peter Tamura

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