investment – Page 27 – LA Loft Blog

November 24, 2016

Why Downtown Los Angeles Loft and Condo Homeowners Have a Lot to Be Thankful For

Real Estate News – More than $2 billion in just a few years — that’s what we have gained in equity collectively in just the past 4 years as Downtown L.A. home owners. #invest #dtla

And that does not even include wages, salaries, rental income and other investments that we made. Add those in and we are taking in about a billion dollars a year. Not bad for one little neighborhood.

While we rely on the greater trends of urbanization, metro transportation and other massive infrastructure improvements, Downtowners, the residents and entrepreneurs who built and expand the community, deserve credit for the foresight, risk-taking, innovation and hard work that has created a renaissance and force of renewal of unprecedented proportions.

DTLA continues to surpass expectations with an ever increasing brightness of the future. Like the phoenix of Greek mythology, Downtown has come to symbolize rebirth and the ability to restart and relaunch our lives and businesses. It’s no wonder that so many singles move to Downtown to get their careers and lives going on the fast track to success.

LOFT & CONDO LISTINGS DOWNTOWN L.A. [MAP]

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Copyright © 2016 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, seller 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.

October 21, 2016

Get a House Almost Free and then get $700 per month to go with it? The Real Opportunities.

ALMOST A FREE HOUSE! We don’t hear these words very often. Besides sounding kinda silly, that’s probably because a home is usually the most widely desired and most expensive item that the average person will ever pay for. Even if we are fortunate enough to inherit a residence or to otherwise get one without paying for it, we would still need to pay for taxes and insurance. So the question is: How close can we get to receiving a free house? Besides inheriting real estate or winning it in some kind of raffle, the closest things to a free house is getting a good deal on a home, perhaps little or no money down, or maybe even a full 20% down and then having a positive cash flow so that we receive more money every month than we pay out toward the property. Now we are getting a bit closer to what can really be accomplished when looking in the right place. #realestate #investment

Add the fact that real estate can appreciate forever, and then realize that we can receive ever-increasing monthly rental income that turns into a growing retirement fund, it’s no wonder that real estate is the best investment that most will ever make.

The L.A. Loft Blog correctly pointed out in 2011 and succinctly phrased that Downtown real estate was “almost free.” Those who saw the truth and the value at the time have been rewarded. Many purchased then Downtown lofts for $125,000 to $250,000, rented them out at a positive cash flow, and enjoyed watching the properties grow to values of $400,000 to $500,000 in just a few years. That truly is almost free, and quite possibly could be called better than free.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

While Downtown does not offer the same opportunity today, opportunities can always be found when we are open to seeing them and seizing them at the right place and right time:

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