Category: Los Angeles

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Top 10 Investments in a Collapsing Real Estate Market

Mills Act lofts with property tax benefits

PROPERTY AND INVESTMENT NEWS (Los Angeles, CA) — Of the many lessons that we learn by studying the great depression, the most vital are the teachings about what works to move things forward in down times — in a recession or depression like today. Recognizing long-term cycles, weaknesses and identifying opportunities are some of the most challenging tasks for most. By looking at a stock market that continues to try to take off in downward storm, we see a large percentage of Americans, even experienced stock investors, who are unable to recognize a medium-term economic downturn, along with its corresponding benefits. A large percentage of day-traders and retail investors will be pounced, plummeted and plunged into capitulation over the next 6 months to 2 years. Others swiftly pivot and shift focus to matters that align with the crisis and economic change. In a crazy environment, actions that previously seems odd can often become the smart play. Fortune favors the bold. #millsact #lofts | Blog Video

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For example, our February 2019 post offered a “crazy” suggestion that property owners might consider selling a property, then using that money to buy bitcoin: Those who employed such a “nutty” action have produced bold financial results 230% better than people with stodgy, fearful hands.

Here are today’s biggest immediate money-making investment opportunities for short-term and medium-term gains:

Short term: Shorting low-quality stocks; shorting real estate stocks; buying bitcoin and selling the bitcoin at the top of a huge run-up.

Medium and long term: Blockchain (Get some Bitcoin and Ethereum. And get paid for your writing or videos at Steemit, Minds and LBRY), Gold, Healthcare, Internet Technology and eGaming.

Remember that money and wealth do not disappear in a crisis, recession or depression. These assets don’t fall of the edge of the earth, or down into a dark abyss; they only change hands. During these hard times, wealth moves out of the hands that don’t know how to hold on to the shifting money — the hands that do not shift. Education and practice are the only ways learn how to shift towards the right direction. These assets move into the hands of those who recognize, identify and place more effort into the new opportunities.

Have you noticed that the L.A. Loft Blog has shifted with the changing market? We’ve substantially increased the amount of content, as well as the number of websites that we post and broadcast to. We’ve purchased several of the investments that we’ve suggested, including real estate and Bitcoin, with excellent results. We shall purchase more of the right kind of investments for today and tomorrow, and hope that you do as well.

Get a free list amazing historic Mills Act lofts with property tax benefits. Fill out the online form:

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Mills Act lofts can save a lot of money in several ways.

The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on the L.A. Loft Blog constitutes a solicitation, recommendation, endorsement, or offer by Corey Chambers or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

All content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the site constitutes professional and/or financial advice, nor does any information on the site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. Corey Chambers is not a financial advisor. Corey Chambers is not a fiduciary by virtue of any person’s use of or access to the site or content. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on the Site before making any decisions based on such information or other Content. In exchange for using the site, you agree not to hold Corey Chambers, the L.A. Loft Blog, Realty Source Inc, its affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on information or other content made available to you through the site.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. This is not meant to constitute financial advice. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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Coronavirus Update: Open L.A.

Precinct DTLA booms Jan 2020. Now empty, how long can Downtown businesses hold out?

REAL ESTATE NEWS: The sooner Los Angeles opens for business, the better.

With no date for re-opening, Los Angeles is in dire straits. Very little consideration has been given to the ruinous economic impact of a shut down. Unfortunately, the physical laws of economics have no heart. The dismal science has no compassion for those who fail to heed its demands. This is why both economic health and health care resources of Los Angeles shall pay a devastating price for some time to come. Devastating to our food supply, even more devastating to poor countries and devastating to the American medical system. We’re just now beginning to hear of the unpredicted damage to the medical system. How many will die due to panic? How many shall be lost in the wake of a $30 trillion loss? Real estate is one of many industries that has only begun to suffer the full wrath of shutdown. The lingering aftermath shall sadly be much more serious and severe. #coronavirus #update #realestate

As part of our focus on all aspects of Los Angeles real estate, the L.A. Loft Blog has been instrumental in disseminating a rich variety of viewpoints on how health crises and the economy affect the LA property market. Due to long-term economic correction, the Downtown area housing market has already collapsed by more than 75% compared to two years ago, in the number of transactions completed. We project that down number to increase to an alarming 82% fall after we analyze the April data that is impacted by temporary panic and its medium-term bad effects.

Californians have been paralyzed with fear, but that fear is likely misplaced, and is subsiding. Untold economic damage has been precipitated by insufficient, low-quality data. This can and must change rapidly. When research carefully avoids political agendas, the more rational, unbiased epidemiologists reveal that the true economic risk and health risks are from panic and economic collapse, not from the virus itself — not from coronavirus covid-19. Because of political bias and increasing censorship, the public has not yet received the whole truth: Nearly 100% of “coronavirus” deaths are linked to pre-existing ailments, other diseases. Barbarous political goals, healthcare industry bias towards alarm, along with sensationalism and news media panic profit, are all adversely affecting the economy and the real estate market. In fact, our unprecedented shutdown of the economy will take longer than expected to unwind, with painful shedding before it can turn back on. The economy, therefore, must get worse before it gets better. Panic shall exact a hefty toll. Worst of all, healthy children shall die from the economic damage and neglect caused by frenzy and overreaction. While the Loft Blog is earliest in these revelations, the mainstream media and public will eventually catch on and get caught up as panic subsides, as clear thinking prevails. The truth has a way of eventually getting out. When this happens, after more sane free-market economic practices resume, and after Los Angeles cleans up its act, the future of California real estate is as bright as this weekend’s weather forecast. #losangeles

Our Sun – Nature’s Decontamination Device

Some beaches are open in Los Angeles County, for exercise only, with no sitting or socializing permitted. Orange County has even more beaches open.

Fact checking the FACT CHECK: So called “Fact Check”s are often wrong, especially about coronavirus covid-19. One “fact check” falsely claims that there is no evidence that sunlight kills covid-19. The sun kills bacteria and viruses. A short time in the sun allows our body to produce vitamin D, which is vital to our immune system. Outdoor wind and air blow away virus particles, buy indoor home and office interiors tend to keep the particles lingering the air longer to infect other residents and co-workers. That is one of the reasons why viral flu-like illnesses are much more pervasive in the winter. While viruses can be more hardy in the environment than bacteria, viruses are still susceptible to the effects of sunlight because UV radiation kills viruses by chemically modifying their genetic material, DNA and RNA, according to the NIH National Institutes of Health. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1280232/https://www.digitaltrends.com/news/can-uv-light-kill-coronavirus/https://nymag.com/strategist/article/does-uv-light-kill-germs-best-sterilizer.html

Reader Questions:

Q: What is amazon doing with real estate? A: Not really an LA Loft question, but Amazon has been teaming up with Realogy to give technology advantages to its Realogy’s Century 21, Coldwell Banker, Sotheby’s and other real estate company that Realogy owns.

Q: Are there any deals from LA County probate auction? A: Probate and auctions are usually two different topics. Most probate sales are sold on the MLS, not at auction. For auctions, look for them on the county website. Expect these tax defaulted property deals to grow in number over the next 6 to 18 months. Homes for sale at https://ttc.lacounty.gov/schedule-of-upcoming-auctions/ | PROBATE INFO


Q: Does Ritz Carlton have the best virtual tours of investment homes? A: You’ll likely find some virtual tours of Residences at Ritz-Carlton here.


Q: What is the history of renovated loft buildings in Los Angeles? A: We’re only familiar with the recent history of L.A. loft buildings since the formation of the Los Angles Adaptive Re-Use Ordinance. Before that ordinance, some buildings were converted into residences under the earlier ordinance of 1981. The AIR Artist in Residence officially allowed for residential use of formerly industrial buildings. Molino lofts underwent varying states of conversion during the 1980s and 1990s. Some units at Molino lofts still have the same outdated kitchens and bathrooms. http://www.condopedia.com/wiki/Molino_Street_Lofts

Q: Are there any 2-story lofts for lease? A: There are usually a few 2-story lofts to choose from. At the moment, they might all be leased out. The Gallery Loft was just leased out in the last couple weeks.

Get a free list of 2-story lofts for lease. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | Popular | Luxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking
Los Angeles lofts will survive, but how many residents will get behind on HOA dues?

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE 01889449 We are not associated with the homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.