California Exodus Accelerates as Oracle Evacuates to Texas #2020


Last one to leave California, please turn out the lights.

Lunatic Policies Continue to Chase Wealth Out of the State as the Tax Base Dwindles

REAL ESTATE NEWS (LOS ANGELES, CA) — People are leaving in droves. The State of California has its head buried deeply in the sand as looming deficits soar to unimaginable heights. The state’s rapidly failing policies of excessive taxes, soaking the rich, stealing from the middle class and expanding homeless tent cities continues to discourage the biggest and smartest companies in the state. They’re leaving at an accelerating pace.

Yahoo Fake News says the exodus is accelerated by coronavirus. This is a false narrative, as viruses have proven to operate basically the same in all states, spreading and dissipating without much regard to politics. Doctors are being censored when attempting to communicate the truth about the number of deaths being normal, like a typical flu season. It is not a virus, but panic, hysteria, exaggeration and overreaction that have accelerated the already brisk movement of people, wealth and brain power out of the State of California. According to tens of thousands of medical practitioners, heavy-handed lockdown mandated by state politicians has damaged health, wealth and happiness of citizens. Cautioning against fear and unwise practice, a growing number of doctors call it the “greatest hoax ever perpetrated on an unsuspecting public”. Californians will eventually rely on their own eyes to see that fake news and corrupt politicians are wrong.

This week, Oracle announced that it is moving its headquarters to Texas. The fake news blames the virus, but The California Exodus has been happening for years, and was already hitting critical mass before the virus hysteria arrived. Oracle is not moving to Texas to get away from a pandemic. With 135,000 employees, the database giant is moving away for the same reason as Tesla, Hewlett Packard and so many others: California’s extreme economic policies, over-regulation, high cost of living, growing crime and the trend toward telecommuting.  Texas Governor Gregg Abbott welcomed Oracle, calling Texas the land of business, jobs and opportunity. |  Blog Video

Wealthy, smart people and their powerful companies have no reason to stay where they are not appreciated. When they are over-taxed, over-regulated, stifled and disrespected, they pick up and move to another state, or another country.

The State of California has shortsightedly ignored economic, as well as physical and psychological effects of over-taxation, over-regulation and increasing crime. In 2020, the myopia exploded into full hysterics by mainstream lamestream fake news media, politicians and irrational support by a significant percentage of a paralyzed population under massive censorship and propaganda by unlawful social media monopolies like Facebook and Youtube.

It’s time to stop believing the virus hype, and time to get concerned about being the last souls left in a lifeless state dominated by blight, refuse and tent encampments. Unless these unwise trends stop quickly, California may not recover any time soon. The wealthy and middle class will continue to leave the state, leaving mostly poverty and blight in the once golden state. It is up to private citizens and small businesses to band together like never before to reverse the bad policies that increasingly threaten our right to life, liberty and the pursuit of happiness in California.

Find out how much your home is worth. Get a free list of recently sold homes, along with a list of homes actively for sale in your area. Fill out the online form:

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After massive propaganda and manic mandates, Los Angeles loft dwellers overreact to a typical flu season.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

How to Make Billions in Real Estate Starting with Little or No Money


The economy is changing at lightning speed, while money is changing hands at an extreme pace — largely into the receiving hands of tech billionaires. 

By Corey Chambers, Los Angeles — Your Home Sold GUARANTEED or I’ll Buy It.

We’re sharing with you some valuable information about this topic: How to make a billion dollars in real estate starting with little or no money. If you see any properties that are of interest to you, let us know. We will gladly send you a property information packet on any loft condo or house — or a private preview is available upon request. If you have a home you like to sell, you should know that I will guarantee the sale of your present home at a price acceptable to you, or I’ll buy it for cash. This guarantee will allow you to buy your next home without worrying about selling your present home. To find out how much you could sell your home, for call me at 213-880-9910 now. Thanks for joining us for this topic today: How to make a billion dollars in real estate starting with little or no money. This is a very special blog post because this is our initial planning process that you are being let in on, before the whole world receives all of the marketing and advertising that we’re going to be doing. You get to hear these thoughts right out of my head as they’re coming. These are pre-planning. Some of these thoughts are just ideas. Some are postulations. Some are posits, some are hypotheses and some are theories. This is what we’re talking about today, but were giving it to you so that you’ll know what is in this initial planning process. We’re going to be offering to help people to make a billion dollars in real estate, starting with little or no money. | Blog Video

THE TWO MOST PROFITABLE THINGS

Let’s start with what has worked the best for me over the past 10 years. That has been two things I have done: One is real estate as a licensed real estate agent, real estate salesperson, licensed real estate broker and also a credential as a mortgage loan originator — and then, the second thing, which is equal in importance as the Bitcoin blockchain cryptocurrency and profitably mining — which comes from learning about how this all works.

How it all works together, thats what were actually doing now. We’re creating new ways to connect those two big topics of real estate and blockchain. They can work together so that they amplify each other. Thats where the billion-dollar plan comes from. That has been The Secret of My Success. Without doing that, I dont know what I would be doing now. Perhaps serving Slurpees at 7-Eleven, or working at McDonalds or, with my experience, I would be probably more like working as a marketing director of marketing for some company or something like that, or I could just be doing sales, using my experience, or I could be doing work with blockchain — probably sales and marketing for a blockchain company. In fact, I’ve initiated communication with the people at Bitcoin Suisse in Switzerland, and working on my Swiss German.

Let’s give you the basic plan of the billion dollars in real estate starting with little or no money. First of all, there are two trains of thought when we’re talking about success. One is the fact that some people want an overnight success. Other people, however, understand that the strong, lasting foundation of long-term success is the kind that takes a long time to develop. That’s what we’re really looking at: The Best of Both Worlds, which is the fastest way to generate revenue — by taking advantage of real estate and blockchain. It’s also the most durable, strong foundation — the longest lasting. I’ve seen now a lot of both: quick money that disappears quickly; and also, very long-term durable success.

For the most part, the quick overnight success give the most fleeting results that disappear the fastest. The success that takes the longest to build up, however, is the strongest foundation and the longest-lasting success. That is what we are going to be focused on: Merging of Two Worlds together.

Let’s start with a little bit of background first. Let’s talk about some failures on my journey as an entrepreneur for the last 40 years or more. You can call a lot of things failures. Let’s do that. I’ve done things from doing wholesaling of imported products, doing internet video and stuff like that. We can call that successful, but I’m going to call them failures right now just to make a point, because that’s what some people might call them if they did not make a million dollars or a billion dollars. Those things that I accomplished earlier in my career generally made just sort of pocket change, comparatively. Online video that I did generated thousands of dollars a month, but not not enough profit to be a full income. So that was successful, but not as successful as my goals required it to be. And then there was those products that really only made a few dollars here and there by the wholesale products. That was a success in that it would generate a profit, but did not make enough profit to live on. They offered no vision for a long-term success, so they were not on the level of where we’d want it to be, so those are the examples of minor successes that we’re going to label as failures for the sake of this discussion.

Corey Chambers at Ritz-Carlton Downtown LACorey Chambers merged Downtown Los Angeles real estate with digital gold.

I had a career in the U.S. Air Force. I would maybe not call it a career, as it was just a four- year term. It was a success in that I was promoted normally, on time, and was offered the opportunity to stay in the military, but I got out to get into the sign business. That again also was something you could call a failure or success because we generated enough money to live off of it for several years, but never enough to feel that it was going to be progressing financially to where it needed to be.

Let’s fast forward to about 10 years ago. When I started doing real estate in downtown Los Angeles, that immediately generated more income than what most jobs that I had done. So that was good. And then it got to the point in 2012 to where it generated far more money than what I had made at any other job or career that I had done. 2012/2013 was the period that made enough extra money so that I bought Bitcoin — quite a bit of Bitcoin. It had just crashed and just made the news because it had shot up like crazy, and then crashed quite a bit. That that thats how I noticed. It caught my attention. That’s how I first heard about it: on the news. They said Bitcoin shot up and then crashed. That caused me to look it up on Google and so forth. But I didn’t know how to buy Bitcoin, so I just got on Facebook to ask some Facebook friends, then one of them said, “Go to localbitcoins.com and buy some. I did. I bought some Bitcoin on localbitcoins.com, then I rewarded my friend by giving him a Bitcoin. That Bitcoin, one Bitcoin, is now worth around $15,000 to $20,000 so, thats a pretty good thank you gift.

I ended up giving Bitcoins to numerous other people, too. If theres one thing that I want to brag about, it’s that I’ve given more Bitcoins to more people than what most people in the world will ever own in their entire lives. So I’m thankful to be able to help people in that way. Because that really is the best blessing in life — to be able to to give blessings to other people. It’s all about helping other people, and that ultimately ends up helping ourselves the most — when we focus on improving and increasing the power at which we’re able to help other people. Thats what it’s all about. That’s how free enterprise works. That’s how giving works. That’s how financial success works. Giving is also how spiritual success works: success as in happiness and satisfaction in life and beyond.

REAL ESTATE AND BLOCKCHAIN ARE ONE

So that’s how we got started, and that’s how we got into real estate and blockchain. It took hard work, determination, knowledge, experience and failure to forge a strong, durable success. It took teamwork. It took years for a dynamic team, working with other teams and individuals: students, masters, entrepreneurs, investors, technicians, engineers, vendors, infrastructure, marketers, salespersons, customers, clients and partners. From there, we went on to create our own digital coin. We took the most proven Bitcoin blockchain, and created our own blockchain cryptocurrency called Entar Coin. We are in the process of changing our whole real estate company to Entar real estate. Everything is going to be Entar. We just recently began to merge Entar real estate and Entar blockchain. We’re in the process of merging, as we’re legally combining physical real estate with a real estate company, the blockchain Entar coin, with precious metals and other physical assets. 

Now, Entar coin is the internet of Real Estate and Investment, supported by all of these physical assets backing it, and the real estate company now has a blockchain technology, which is used for all sorts of verification and authentication. Of course, we know the blockchain is actually used as money, and as an investment vehicle. It’s not just an investment vehicle, but the biggest, most return on investment of any type of investment that we have seen over the last 11 years.

So, the way that people can start building up their real estate and blockchain empire — for free, for little or no money start with, $0, with no money at all: By mining Entar coin. Thats how people can spend little or no money to mine Entar coins. I’ve mined quite a bit of Bitcoin, in addition to buying Bitcoin. We mined Bitcoin, and that was extremely profitable. That’s how we’re using all of those technologies, all of the things that we’ve learned about what works most profitably and fastest to generate wealth. We now know what costs the least amount of money to generate the wealth, and also what makes the strongest foundation. It takes time to build a strong foundation, but takes less time than other modes of generating money and wealth. Take a look at our initial planning and our initial success with Entar. Visit the pre-intruductory domain www. Entar.com pre-planning web pages, which offers free Entar coins for a limited time.

Just go to www. Entar.com and then you will see the initial planning stages and what we’ve accomplished so far, just in the very beginnings of Entar real estate and Entar coin. Do get involved right now. Start mining Entar coin. Get free Entar coins. Get free help at the moment, initially. Later, we will be charging more and more money for people who want our help to get involved with Entar real estate and Entar coin. That’s it those who have $0 right now or very little to can get started. We are going to be offering some new products, electronics that people can use for mining, and it could be used for other things as well. People can take advantage of all that stuff, because it’s all going to be uniquely affordable. Bitcoin mining is now too expensive and too difficult for most. A Bitcoin miner, for instance, now costs thousands of dollars. The most expensive Entar coin miner package costs less than $100 a month. 

Please take advantage of this limited-time opportunity. The biggest mistakes that people have made regarding Bitcoin blockchain, ethereum and other successful blockchains are: failing to hear about it, failing to learn about it, failing to experiment with it and failing to put even a little time, effort and resources into taking advantage of the most powerful technology, and most profitable investment in recent history. Give me your feedback, and be part of this process. Thanks for joining me for this discussion on how to create wealth in real estate billions of dollars starting with little or no money.

Get on the Entar interest list. Fill out my online form

Why You Should Sell Your Home Now #sellhome

REAL ESTATE NEWS

As some older Americans are hit by deadly flu-like illnesses, we’re not seeing a significant increase in total deaths as a percentage of the population. The big impact is to be found in society and the economy. The future of real estate is in peril as young Americans now feel that all of their plans were ruined by the virus panic of 2020, according to The Guardian. The hysteria has led to economic collapse, worsening existing economic hardships, causing unemployment to triple for young adults – and has taken a serious toll on mental health. As the L.A. Loft Blog predicted, the overreaction is already causing far more damage than the disease. Sadly, the deadlier toll of panic shall get much worse, as millions defer basic health care, and millions of others have no idea what they’re doing right now, as they lose their jobs and health insurance. They’re maxing out credit cards to pay for bills and food.

The mainstream media, meddling politicians and social media monopolies continue to spread fear and hype, while failing to provide adequate mitigating disclosures about comorbidity, utterly failing to account for dire unintended consequences and massively censoring those who oppose hysteria and destructive lockdown. Doctors are paid extra to annotate assumptions that promote fear, fired for providing information that reduces hysteria. Hotels, restaurants, travel, tourism, entertainment and other service industries that hire a bulk of young adults are all but obliterated. In addition to today’s economic devastation, the long-term consequences of diminished education shall haunt the U.S. for decades.

While some have high hopes for the new year and new vaccines, U.S. economy will likely get worse before it gets better.  Ned Davis Research says that the first quarter of 2021 will be rough. 

As bloated governments take advantage of fear to grow bureaucracy uncontrollably, the best housing markets shall be capital areas like Sacramento and Washington D.C.  Suburbs shall retain a robust property market while urban centers like Downtown Los Angeles shall continue to languish in exploding blight and falling home values. Eventually, even most suburbs shall also hit a wall, leading to some falling prices among single family homes. 2021 could be the year of overdue stock market capitulation and suburban surrender.

Commercial real estate is devastated nationwide, especially in Los Angeles. It can take years for commercial real estate to unwind, to continue to fall to its bottom. Shortages of food and household products evidence growing stagflation. Increasing government handouts are likely to land as direct increases to inflation.

While real estate continues to be a pillar of wealth and net worth in the American dream, the L.A. Loft Blog had the audacity to suggest that multiple property owners consider selling excess properties in order to put substantial money into Bitcoin. Those who took such a bold, innovative step saw their fortunes gain tremendously. We’re restating the suggestion once again today 

Find out much your neighbor’s condo sold for. Get a free list of recent L.A. urban home sold prices. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

You Won’t Believe How Much You Can Save on a Home Purchase #loft #deals


A million dollar loft condo for $500,000? 

Things like that are beginning to happen as the sagging urban home market brings new opportunities for prospective loft buyers to get better deals. One happy couple purchased a very large 2-story loft, with an original asking price of nearly $700,000, for less than $550,000 by taking advantage of LA Loft Blog exclusive deals. Because they got such a great deal on the industrial warehouse style live/work condominium unit, they ended up with plenty of extra money to fix it up with a new kitchen, bathroom, modern glass walls and other improvements. The stylish loft now looks like a million bucks! | Blog Video

Get a free list of the best loft deals in Los Angeles. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

Los Angeles Lofts For Sale


L.A. has a large number of lofts for sale in Downtown and other urban centers. 

In addition to warehouse style condos, there also some lofty houses with high ceilings and lots of character throughout the Greater Los Angeles Area. Some of these lofty homes have Mills Act property tax benefits that pay the lucky owners to help maintain these historic treasures of architecture.

Get a free list of lofts for sale listed recently in Los Angeles. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

Pan American Penthouse Panic


253 S Broadway #509 #panamerican #building #dtla

The L.A. Loft Blog has received word that this Pan American penthouse has generated some interest from buyers. One prospective owner asked about any possibility of lawsuits or other issues common to Downtown Los Angeles properties. Located at the North West Corner of 3rd and Broadway, the 1897 built luxury office building, converted to historic live/work lofts is topped by an exquisite tri-level residence with Beaux Arts elements. The unique corner layout with private rooftop deck features original exposed columns, brick walls, soaring 17-foot ceilings and large oversized windows with abundant natural light and up-close views of the Downtown skyline, City Hall, & Frank Gehrey Grand Ave Project. The luxury unit has been upgraded with high-end kitchen and bathroom.

A dramatic penthouse loft can certainly instill fear of missing out. Panic buying can be quite understandable when the beauty and grandeur of the residence takes your breath away. Get a good deal on an amazing property with outstanding character by taking advantage of the $100,000 savings guarantee Black Friday Real Estate Sale ongoing until December 31, 2020.

Most properties in DTLA have been affected by sprawling homeless encampments, increased crime, recent virus panic, shortages, riots, looting, boarded up buildings, damaged businesses, confusing curfews and stay-at-home orders, among significantly falling home values. These complications can present increased risks, with corresponding opportunities for would-be buyers, residents, landlords and investors.

The property benefits financially from Mills Act property tax savings. One question that we’ve received has been about any potential lawsuits, litigation or other issues around the building. Prospective loft buyers can avoid potential disasters by getting all of the information that may affect the value of a Downtown loft condominium building before taking the time to tour any condo unit. Take advantage of free resources to investigate often litigious Downtown loft conversion buildings. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

This is How to Sell A Home that Didn’t Sell


Out of 185 homes that were listed, attempting to sell in the Downtown Los Angeles area in the last month, only 27 sold. The other 158 are still trying to sell, or have already given up.

If your home has just come off the market and hasn’t sold, don’t be discouraged. The reason it didn’t sell may have nothing to do with your home or the market. In reality, your home may have been one of the more desirable properties for sale. If your listing has expired and you still want results, before you put your home back on the market, take a step back and review your situation.

How to Sell a Loft, Condo or House that Didn’t Sell

Why Most Homes Listed for Sale Don’t Sell and What to Do About It
Get FREE Instant Access by completing the form on this page.

So Why Didn’t Your Home Sell?

Last year almost half of the homes listed for sale never sold at all, and many sellers found that there was a tremendous amount a homeowner needed to be educated on to sell their home for top dollar in the shortest time period.

Don’t risk making the wrong choices and losing both time and money on your investment. Before you hire a real estate agent, know the right questions to ask to save you time and money.

Industry experts have prepared a free special report called “How to Sell a House that Didn’t Sell” which educates you on the issues involved.

Order this report NOW to make sure your home sells the next time you list it for sale. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP] 

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Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

How to Pass a General Home Inspection #homeinspection


11 Reasons Why Home Sellers Fail Their Inspections

While homebuyers are as individual as the homes they plan on purchasing, one thing they share is a desire to ensure that the home they will call their own is as good beneath the surface as it appears to be.


A home should have a minimum of 100 amps service, and this should be clearly marked. Wire should be copper or aluminum. Home inspectors will look at octopus plugs as indicative of inadequate circuits and a potential fire hazard.
Will the roof end up leaking? Is the wiring safe? What about the plumbing?

If you hear the sound of running water, it indicates that the pipes are undersized. If the water appears dirty when first turned on at the faucet, this is a good indication that the pipes are rusting, which can result in severe water quality problems.

Insufficient insulation, and an inadequate or a poorly functioning heating system, are the most common causes of poor heating. While an adequately clean furnace, without rust on the heat exchanger, usually has life left in it, an inspector will be asking and checking to see if your furnace is over its typical life span of 15-25 yrs. For a forced air gas system, a heat exchanger will come under particular scrutiny since one that is cracked can emit deadly carbon monoxide into the home. These heat exchangers must be replaced if damaged – they cannot be repaired.

These, and others, are the questions that the buyers looking at your home will seek professional help to answer.

According to industry experts, there are at least 33 physical problems that will come under scrutiny during a home inspec- tion. We’ve identified the 11 most common of these and, if not iden- tified and dealt with, any of these 11 items could cost you dearly in terms of repair.
An inspector will check your walls for a powdery white mineral deposit a few inches off the floor, and will look to see if you feel secure enough to store things right on your basement floor. A mildew odor is almost impossible to eliminate, and an inspector will certainly be conscious of it.

In most cases, the home seller can make a reasonable pre-inspection in advance if they know what to look for. And knowing what you’re looking for can help you prevent little problems from growing into costly and unmanageable ones.

According to industry experts, there are over 33 physical problems that will come under scrutiny during a home inspection when your home is for sale. A new report has been prepared which identifies the most common of these problems, and what you should know about them before you list your home for sale.

Whether you own an old home or a brand new one, there are a number of things that can fall short of requirements during a home inspection. If not identified and dealt with, any of these 11 items could cost you dearly in terms of repair. That’s why it’s critical that you read this report before you list your home. If you wait until the building inspector flags these issues for you, you will almost certainly experience costly delays in the close of your home sale or, worse, turn prospective buyers away altogether.

In most cases, you can make a reasonable pre-inspection yourself if you know what you’re looking for. And knowing what you’re looking for can help you prevent little problems from growing into costly and unmanageable ones.

To help homesellers deal with this issue before their home is listed, a FREE report entitled “11 Things You Need to Know to Pass Your Home Inspection” has been compiled which explains the issues involved.

Order this report NOW to learn how to ensure a home inspection doesn’t cost you the sale of your home. Fill out the online form: |  LOFT INSPECTORS LIST REQUEST

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

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

Keys to Real Estate Success in 2021


GETTING MAXIMUM FINANCIAL RESULTS FROM PROPERTY OWNERSHIP

The economy of 2020 was driven largely by emotions, namely hysteria and irrational exuberance. The year 2021 shall undoubtedly be just as emotional based, with higher doses of exasperation as the calendar flip does not magically make man-made problems go away. The key to real estate success is to first ensure that the business frame of mind is fortified, then positive intentions set to take advantage of cascading crises, turning lemons into lemonade.

Someone who is financially rich is an owner, not just a consumer. They always pay attention to ROI return on investment, not just personal utility and enjoyment. Business sense, work ethic, mission, propose and goals are the foundation of real estate success. Long terms results come from long-term thinking. Mindset makes wealth, and the wrong mindset can keep us from wealth.

The biggest mistakes come from being desperate, scared, rushing toward something out of fear. Virtuous ambition is a huge positive, while base greed is a move towards major mistakes — panic and mindless actions lead to huge mistakes, such as buying into con artists and fraudsters. Be extra cautious when the prospect of quick money rears its greedy head. Trusting a friend of a friend to find lucrative deals is best viewed with skepticism. The majority of super successful people have made it incrementally, because one’s character must be built while the fortune is built. A lack of character and wisdom causes the wealth to be lost. A house of cards built overnight collapses quickly, but a real estate empire built slowly on a strong foundation can last for centuries. 

Trading time for money is OK for those just getting started, but much greater wealth comes from being focused on growing ownership of productive assets that provide income for a lifetime. Savings accounts, investment accounts lead to compounding interest, a magical function of wealth creation, an income for life without working.

Putting all eggs in one basket is too risky for most of us. Losses are a necessary part of learning, part of the success process, but most people need diversification to prevent massive, unacceptable losses.

Creativity and resourcefulness can make up for a lack of initial investment funds. Provide innovative solutions to those who have money. Execute on ideas. Adjust and improvise while on the path of success. 

Market crashes offer some of the greatest opportunities to get into great deals and to create massive wealth. Nearly 100% of bear markets lead nearly 100% of the time to huge bull markets. Because public attitudes and discourse are not on the right track for success, the real estate markets takes years to unwind, and we’ve not yet seen any substantial capitulation in the stock markets, we can expect mostly increasing bear markets in 2021, to be slowly replaced by growing patches of bull market booms. Success in 2021 requires a mindset like a calm island in a stormy sea. Foresight of exploding technologies can be a great pairing with real estate. Bitcoin shall continue to be a better pure investment move than real estate for many more years. Enjoy the process. No matter what, it really is about the journey. 

Check out 15 things that poor people do that rich people don’t.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, 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.