The Everything Bubble Has Popped. Now What? — Coronavirus Update

Should home buyers and investors own in Downtown Los Angeles now?

REAL ESTATE NEWS — 31 Ways to Navigate the Corona-Crash to Riches

Coronavirus Update: In the midst of the biggest global financial crisis history, we are in a dramatic position to take full advantage of the enormous changes. More than six million have filed for unemployment in just one week — Unprecedented! Wealth and power are now changing hands, changing shape like never before. We’re either going to ride this monstrous wave to unforeseen glory, or we’re going to have our faces pummeled into the sand like never before. We have the technology. We have the knowledge. We have the choice. We’re going to stay up, going the direction that we choose, no matter how frightening the ride, no matter how scary the speed. We’re going to rein our circumstances to go the direction of our choosing.

Many things can be accomplished during an economic downturn that could not ordinarily be done. A bigger downturn creates greater damage, along with astounding openings to reach golden good times. The middle class is being shuffled into winners and losers, dramatically sorted and stratified. Social distancing begets social class separation. The defeated are defined by a failure to plan and implement, while the bold victors recognize and act promptly during today’s precious windows of chance to play the slots of favor and fortune. #evertything #bubble #coronavirus #crash #wealth

Prices tend to drop after an economic shock. Bargains and good deals come available for purchase. More sellers tend to feel more motivated while more buyers tend to be low on cash. Downturns are opportunities to take a close look at finances, and to cut expenses, reduce wasteful spending and take inventory of assets and liabilities.

Many take advantage of a recession as a time to get educated, get a certificate, get a degree, take a class or otherwise learn something new.

Some businesses, stocks and industries do as well or better during an economic down cycle. Healthcare, data communications and all things internet shall continue to boom. A big recession, of course, benefits debt-collection agencies, repossession companies, bankruptcy attorneys, pawn shops, thrift stores, discount stores, appliance repair, homeowner insurance, auto insurance, auto repair, grocery, household goods, Internet movie, TV streaming services and fast food. Commodities like gold, oil and industrial metals perform well. Oil is expected perform worse than previously due to alternative energy, electric cars, regulation and shale inefficiencies. Gray market, black market, Bitcoin, Ethereum and Monero are seeing good times.

Specific stagflation-resistant companies include Amazon (AMZN), Netflix (NFLX), and Alphabet (NASDAQ:GOOG) (GOOGL) are well positioned to benefit from individuals (think Amazon Prime, staying in on a Saturday, and searching for ways to save money) seeking lower living expenses. Both software and hardware companies like Microsoft (MSFT), Intel (INTC), Oracle (ORCL), and Nvidia (NVDA). Check out indices such as ROBO Global Robotics and Automation Index ETF (ROBO) offers diversification across geographies and market caps. Another option is the ARK Innovation ETF (ARKK).

Per Warren Buffet’s Fear-And-Greed advice, prime time for real estate investment has begun as most home sellers are now aware of downward pricing pressures. The investors and home buyers with capital may now begin to place much lower offers with an increased chance of highly motivated home sellers accepting offers that are $30,000 to $100,000 below asking price. Today’s greatest opportunities stand in the most prime of real estate like Downtown Los Angeles and surrounding communities.

Good Deals Now Outright Steals! Get a free list of deals around Downtown Los Angeles. Fill out the online form:

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Can we shape our own destiny in midst of the largest economic crisis in history?

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.

Corey Chambers SoCal Home Real Estate Newsletter April 2020

Here Comes the Tax Man.  And Here Comes a Tax Break:

TAX Day Delay!! IRS extends tax deadline to July 15, 2020.  I recently read where we were working Jan. 1 through June 30th of each year, just to pay all of our taxes. In Canada, add another month or two. After that, you keep all you make. Prior to that, 100% goes to the government in some form or fashion to pay for some kind of government worker, work program, social program, defense, project, health care, common good, common projects, emergency bailouts etc. Whatever you want to call it, April 15th is usually TAX day; the deadline for filing your federal in-come taxes in the U.S.A. But not this year.  #coreychambers #realestate #news

VIDEOSo, in celebration of this special time of year, let’s talk TAX relief. If you received last month’s letter from me, you will recall our goal of trying to raise $25,000.00 for Children’s Hospital Los Angeles, the areas #1 Not for Profit Hospital for Young People. But – we need your help and I believe you can benefit from the TAX relief as well.  #chla #referralshelpkids

Just down the street from where I am typing this, CHLA has a full house of kids fighting for their lives. For them and their parents’ taxes are not “top of mind”, health is. Living is. Surviving is. As you may have heard, Children’s Hospital is front and center in the fight against nasty diseases that destroy or cut short the lives of Children. Things like Cancer, Non-Hodgkin’s Lymphoma, Leukemia, as well as leading the way in early diagnosis of autism and miracle working around spinal cord injuries. We are thankful to have such a wonderful facility close by, doing such great work to help heal and save young people.   |   Blog Video

So even though we are trying to figure out how much we owe the tax man, many are simply hoping they can be here to actually pay taxes. This is why we here at the Corey Chambers Team have resolved to do what we can to help.

For every house we sell this year, we are donating a portion of our income to Children’s Hospital Los Angeles. Our goal, again, is to raise $25,000 to help them in their quest to Heal, Save, Cure and Comfort Children under their care.

This is where we need your help and how you can benefit at the same time… 

Charitable contributions are tax deductible to a point. Rather than give your money to the government, you should consider making a donation to a charity. I believe it will somehow come back to you, well beyond a simple tax deduction. A core value at our company is “the size of the hole you give through is directly proportionate to the size of the hole you receive through.” 

Either way, your referrals are in good hands and help us contribute to a good cause. 

Life moves fast for some and we are eager to make the Home Selling and Buying experience a smooth rewarding one. Over the last two decades of helping thousands of families sell their home and/or buy another, we have met some wonderful, loving, caring people. People like you! So, your referrals, those you know considering a move, that we help – you can rest assured that not only will they get the award-winning service we are known for, but that a solid portion of the income we receive from the transaction will go toward a very worthy cause.

It’s easy to refer those you know considering buying or selling a home. Here are the options again:

1. You can go to www.ReferralsHelpKids.com and enter their contact info on line or forward the link to who you know considering a move.
2. Of course you can always call me direct as well at 213-880-9910.

Why I support Children’s Hospital Los Angeles

I grew up right here in the Greater Los Angeles Area, born in Los Angeles County at St. Francis Hospital. I remember when I first heard about a young person close to our family suffering from a nasty disease and getting treated for that at Children’s Hospital Los Angeles. It was then that I began to pay closer attention to the work they do at that hospital. Since then, I have learned that it is a collection of hard-working healthcare professionals, most making their home right here in the Los Angeles area, all coming together for a common cause. That cause is to help young people overcome unfortunate health issues that life sometimes throws our way. Being a Los Angeles Area California native, I take pride in supporting in a way that I can the good work these people do at Children’s. My team rallys around our annual goal or raising money and donating portions of our income to help Children’s in their quest to heal young people when they need healing. My team and I are committed to providing outstanding results for buyers and sellers referred to us by our past clients. I have discovered that Children’s Hospital Los Angeles shares similar commitment to their patients. And since their services survive on sponsorships and donations, we are happy to contribute and proud to support them.

Sincerely,

P.S. The story of this young person enclosed may cause you to look at your loved ones differently. It did me. Check it out.

It’s easy to refer those you know considering buying or selling a home.  Here are the Options Again:  Enter their contact information at www.ReferralsHelpKids.com, call me direct or pass my number on:  213-880-9910.

Contact Us

Your Home Sold GUARANTEED or I’ll Buy It*
Corey Chambers Team
200 N San Fernando Rd #119, Los Angeles, CA 90031
(213) 880-9910
coreychambers@yahoo.com
Visit us on the web at www.ReferralsHelpKids.com

Heartand Eyesof a Champion

How Noa outran three heart surgeries — and retinoblastoma

Noa stood at the starting line, slightly crouched down, right foot in front of the left. He was so nervous, he was shaking.

GO!

And they were off—eight middle school boys flying down the track in the afternoon sun. Noa was near the front of the pack, pumping his arms and legs furiously. Seconds later, he burst past the 50-meter finish line.

He had medaled: second place. YES! He broke into an impromptu victory dance. His friends and teammates ran up, excitedly giving him high fives.

His parents, Kaeko and Eric, cheered from the sidelines—and wiped the tears from their eyes. Thirteen years earlier, they had never dreamed Noa would be one of the fastest kids in his class.

They hadn’t even known if he would live at all.

Joy, fear and hope

Back in December 2004, when Kaeko realized she was pregnant with Noa, she and Eric did their own victory dance.

They had been trying to have children for years, but were losing hope. So when a pregnancy test came back positive—and they heard Noa’s heartbeat via an ultrasound test—“it was a miracle,” Kaeko says. “We were sooo excited.”

But several weeks later, another ultrasound turned their joy to fear. Something was wrong with their baby’s heart.

Noa had tricuspid atresia, a condition where the tricuspid valve does not form. Without this important valve, blood flow to the right ventricle is blocked. As a result, the right ventricle can’t grow and is severely underdeveloped—a condition called hypoplastic right heart syndrome.

Although the first specialist gave them a bleak prognosis, Kaeko and Eric began tenaciously researching and seeking different opinions. Eventually, they found Children’s Hospital Los Angeles.

“Children’s Hospital was so different,” Eric says. “They were like, ‘This is our expertise.’ They were very confident and walked us through what to expect. We felt like, OK, we have a plan now.”

‘How can I save him?’

But several weeks later, another ultrasound turned their joy to fear. Something was wrong with their baby’s heart.

Noa had tricuspid atresia, a condition where the tricuspid valve does not form. Without this important valve, blood flow to the right ventricle is blocked. As a result, the right ventricle can’t grow and is severely underdeveloped—a condition called hypoplastic right heart syndrome.

Although the first specialist gave them a bleak prognosis, Kaeko and Eric began tenaciously researching and seeking different opinions. Eventually, they found Children’s Hospital Los Angeles.

“Children’s Hospital was so different,” Eric says. “They were like, ‘This is our expertise.’ They were very confident and walked us through what to expect. We felt like, OK, we have a plan now.”

‘How can I save him?’

In August 2005, Noa was born and immediately transferred to the Cardiothoracic Intensive Care Unit at Children’s Hospital Los Angeles. Fortunately, he didn’t need surgery right away, and Kaeko and Eric soon took him home.

Just three months later, they were dealt another devastating blow.

They both had noticed that every time they took a photo of Noa using a camera flash, his left eye would have a strange white glow in the picture. Worried, they told their pediatrician, who immediately sent them to The Vision Center at Children’s Hospital Los Angeles.

The diagnosis: retinoblastoma, a type of childhood eye cancer. Noa had tumors in both eyes.

Kaeko thought she would fall to the floor.

“It was more than shock,” she says. “I couldn’t even cry or be emotional. It was kind of like animal mother instinct: OK, what’s next? How can I save him? That’s how I felt.”

Being born with both hypoplastic right heart syndrome and retinoblastoma is extremely rare. Fortunately, the family had once again come to the right place. The Vision Center has been a pioneer in retinoblastoma treatment and research since 1987, when Children’s Hospital researchers identified the gene that causes the disease.

But before Noa could begin treatment, he needed heart surgery.

A different kind of storybook

In December 2005, Heart Institute Co-Director Vaughn Starnes, MD, performed the first of three surgeries to reconstruct Noa’s heart.

Soon afterward, Noa started systemic chemotherapy for his retinoblastoma. The chemo initially worked wonders on the tumors in his left eye. For his right eye, though, he also had to receive radiation therapy.

In addition, he had to go under anesthesia every few weeks—more than 30 times in all—for eye exams and focal laser treatments to “zap” residual tumors (a treatment pioneered at The Vision Center).

“We were almost living at Children’s Hospital,” Kaeko says. “Noa was a famous guy there. Everyone knew Noa!”

Meanwhile, Dr. Starnes performed two more open-heart surgeries on Noa. The last one came at age 3. At that point, Noa’s retinoblastoma was in remission. They were almost out of the woods.

But shortly before his 4th birthday, the tumors in the left eye began to return. There was only one option now: removing the eye.

He had never been able to see out of that eye. Still, his parents were reeling. And they faced a gut-wrenching task: How do you tell your 4-year-old that he’s going to lose his eye?

They followed an idea from Nancy Mansfield, PhD, then a counselor who supported families in the Retinoblastoma Program. (Dr. Mansfield passed away in 2010.)

“We made a little book and cut out pictures, so each page had a picture with some simple words,” Eric recounts. He stops and takes a drink of water. Reliving this moment is hard. “We read it like a storybook to him—showing that the eye was sick, and you take the eye out, and he’s going to be all better.”

The last page? A picture of Disneyland. “We let him know that after all this was done, he’d be going to Disneyland,” he adds, then starts to cry. “He was really happy about that.”

‘Just a normal guy’

Noa, now 14, didn’t expect himself to get second place in that 50-meter dash last year. And at that same inter-school meet, he helped his team win a bronze medal in a relay race.

“I like running,” he says. “It’s a little hard for me doing the long distance. But the short distances are fun.”

Sarah Badran, MD, his cardiologist at Children’s Hospital L.A., says his heart is doing great.

“I am in disbelief at how he did in that race,” Dr. Badran says. “Noa is an amazing kid. He’s got such a strong spirit. He really pushes himself.”

Running is just one of Noa’s pursuits. He also likes karate and baseball, has played piano for eight years and lately has taken up acting. He played Don Quixote’s sidekick, Sancho, in the school play last year—singing two songs solo onstage—and got rave reviews.

The eighth grader has big plans, too. “I want to go to MIT and become a computer engineer,” Noa says. “Oh, and I’ve built a computer before! That was really cool.”

And what about all those heart surgeries and the eye removal? He has no memory of most of it. He’s been cancer-free for more than 10 years, and his prosthetic eye—he calls it his “special eye”—is so realistic-looking, his dad sometimes forgets which eye is the “real” one. With his glasses, he has 20-20 vision.

“Children do very well with one eye if they have good vision in that eye,” explains Jonathan Kim, MD, Director of the Retinoblastoma Program at Children’s Hospital L.A. and Noa’s eye doctor since 2013. “With the exception of becoming a fighter pilot, he can do anything he wants.”

The Vision Center continues to spearhead research and recently pioneered the study of a liquid biopsy for retinoblastoma. Soon, it will begin a clinical trial to test a less-invasive device for delivering chemotherapy to the eye (for patients who only have retinoblastoma in one eye).

The device was developed by Noa’s first eye doctor, A. Linn Murphree, MD, who founded the Retinoblastoma Program and has since retired from Children’s Hospital.

Noa and his parents are grateful to so many people, including Dr. Murphree, the late Dr. Mansfield, and Noa’s current doctors—Dr. Badran, Dr. Kim and oncologist Rima Jubran, MD.

“Sometimes we forget he had to deal with these hard health issues,” says his mom. “He’s just a normal, regular guy!”

Noa has some simple advice for other kids facing an eye removal.

“Don’t worry,” he says. “I’m living a really happy life, and a normal one. What’s most important is to be alive and healthy.”

Article by Katie Sweeney, courtesy Children’s Hospital Los Angeles

How you can help:

Refer your friends, neighbors, associates or family members considering making a move:

www.ReferralsHelpKids.com or call Corey at 213-880-9910.

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  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE  Affordable  |  Popular  |  Luxury  |  Sold
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

 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.