Month: January 2021

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Downtown Los Angeles Real Estate Market Update

Downtown Los Angeles: Yes, we’re open (barely)

REAL ESTATE NEWS | Blog Video

Readers of the L.A. Loft Blog have provided the most powerful mastermind of knowledge, foresight and wisdom about the L.A. property market. When we tune in, really pay attention to what they’re saying, thinking and doing, we can’t go wrong with our own real estate choices.

Even bigger than the news of what’s happening in real estate is the news about what is NOT happening in real estate. Downtown L.A. real estate is not experiencing a rapid rebound, and is not seeing overall improvement. DTLA property market is suffering from a continuation of panic, hysteria and overreaction in the form of counterproductive lockdown and decimation of small businesses. Home buyers are not buying, only the most motivated of sellers are selling. Renters and landlords both are cancelling appointments. Real estate motivation is declining from coast to coast. Florida commercial real estate guru Ben Mallah says that things are very serious and getting worse, as more renters are unable to make their monthly payments.

Here’s what the smartest buyers, sellers, renters, landlords and investors are looking at, contemplating and acting on in urban LA lofts, condos, apartments and Greater Los Angeles houses with character today:

Top 10 Topics Today

Mills Act Downtown Los Angeles 4,431 Views

Los Angeles Real Estate 2021 Worst of Times: Take Advantage or Lose Out 231 Views

Downtown Los Angeles Real Estate Reader Questions 224 Views

Coming Soon Homes For Sale Los Angeles 181 Views

LOFTS FOR LEASE 157 Views

2-Story Condos, 2-Level Lofts with Mezzanines in Downtown Los Angeles Homes For Sale 106 Views

Warehouse Lofts For Rent 104 Views

Live/Work Lofts Downtown LA vs. Residential Studio Apartments

NEIGHBORHOODS

FLOWER STREET LOFTS 1130 S Flower St, Los Angeles, CA 90015

Bonus: Industrial Warehouse Lofts For Sale in Los Angeles

Find out how much your neighbor’s loft sold for. Get a free list of recently sold condos and prices, along with currently listed homes for sale. 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
Newer homes in Taylor Yard neighborhood by Rio De Los Angeles Park

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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Bitcoin Scams, Fraud, Con Artists and Shams

Cryptocurrency Pyramid Schemes and Ponzi Schemes | Blog Video

Compare honest, straightforward pyramid schemes (where everyone knows what is going on) to illegal, covert ponzi schemes, total fraud in which criminals use money from new investors to pay existing ones. Bitcoin itself is neither a pyramid nor a ponzi scheme because Bitcoin is a legitimate payment technology that does not make money from the owner finding suckers. Bitcoin gains from increase in value like stocks and gold do. Bitcoin simply outperforms all other investments based on 11 years of data.

I’ve personally mined Bitcoin and other cryptocurrencies, and paid mining hosting companies – both very profitably. On a good roll, it takes about a month to a year or more to turn $500 into $10,000 with Bitcoin. So, when a Facebook friend comes along and claims to do it in a day, that is a huge red flag. Based on my experience in helping to jail con artists, fraudsters and scammers, I would not give one dollar to someone who operates in this fashion. The methodology very much resembles a ponzi scheme.

I am considering joining another facebook friend, a closer friend who is also a real estate client. He is doing something that looks a bit more like a more legitimate pyramid type of scheme, which is under investigation by the SEC, but no charges have been filed. I might give that a try because it helps people to learn ethereum. Learning ethereum (the second most popular cryptocurrency) is a potentially simple, yet very smart undertaking. I’ll let you know how that goes.

Millions of Americans remain unemployed as a result of the virus hysteria, crippling finances for many households.

Americans lose more money on investment scams than any other type of income fraud, according to FTC analysis. Individuals report a median loss of more than $16,000, according to CNBC.

Avoid real estate scams and fraud. Get a free report on lawsuits and litigation involving Downtown Los Angeles loft and condos. 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

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers. 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. Suspects are innocent until proven guilty in a court of law. This is not a solicitation if buyer or seller is already under contract with another broker.