Month: October 2022

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Real Estate Asset Protection with an LLC

The Business Guy talks about protecting your real estate from lawsuits. First we’ll talk about protecting your personal residence, and second, we’ll talk about protecting income property, such as rentals and rehabs. Then we’ll get into some detail about land trusts and other strategies. He will show you some illustrations on how to hold title, how to protect your assets from being taken away from you when somebody decides to sue you.

How to Protect a Home from Lawsuits

Most states have very little homestead protection. For example, in Pennsylvania, and New Jersey, home owners have no protection at all. In most states, when somebody sues, they can just rip the rug right out from underneath the homeowner, leaving them out in the cold. What can a home owner, investor or landlord do right now? Asset protection of the personal residence starts with privacy of ownership. Check out the video that explains the benefits of a land trust.

How to Protect Rental Income Real Estate

What is the number one tool that real estate investors use to ensure that if something happens the property is not going to be put at risk? Let’s face it — there are far too many attorneys out there looking to take a piece out of what we make. The easiest way to do that is find people who have assets in their own name. Clint Coons, Esq. with Anderson Business Advisors and Law Group provides this next video with many valuable details about real estate asset protection.

Find out how much your home is worth! Get a free list of recently sold comparable nearby properties, along with a list of homes currently listed for sale. Fill out the online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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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Commercial Real Estate Collapse

REAL ESTATE NEWS (Los Angeles, CA) — Offices and businesses have been collapsing since March 2020, when the virus hysteria and government-forced lockdown began to close down a large percentage of business in California and some other states.

A lot of different markets at this point are giving us a good sense as to what’s going on, according to CNBC. Let’s start with rents, which seem to keep going up despite what we’re hearing about housing rates moving up and making it more or less affordable for buyers. The media is talking about rents being a component of inflation and how there’s nothing abating that upward tick in rents. It’s really a supply and demand issue. Apartment buildings across the country are full, thus able to push rents right now. Until we start to see more supply come online, it will continue.

Some believe that rents will maintain or continue to move higher. They’ll continue to go up. Many business people are calculations a north of 5% increase over the next year. We are told that, until we see that come down to the historic average of 2% to 3%, we’re not going to see that number abate. From an investor perspective and/or those lending, multifamily is the place to be right now. Apartments is a great place to be invested. One of the big reasons for that is Fannie and Freddie, which provide liquidity in that market. There isn’t such liquidity in other commercial real estate classes.

Fore more on the collapse of commercial real estate, take a look at this video from Wall Street Journal about Chinese companies getting the heck out of American commercial real estate.

https://www.wsj.com/articles/chinese-firms-flee-u-s-commercial-real-estate-market-after-big-property-bets-sour-11663622573

In the near future, the loft blog will provide a larger article, along with an offer of search and sales services to help with commercial real estate in Downtown and the Greater Los Angeles Area. Get a free list of live/work industrial style residential loft condos for sale or 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

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.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.