Los Angeles Real Estate Market Report: The Valley | Sherman Oaks Home Prices Falling

Downtown L.A. is not the only place where home prices are falling. Check out this urban / suburban neighborhood around Ventura Boulevard.

This small 1 mile section of the Sherman Oaks neighborhood saw 8 listings sold in the same quarter a year ago. 15 / 11 days on market $596,000 / $609,000 which was $545 / $541 per sq ft.

The middle class is having difficulties getting loans, so the 1,110 sq ft and economy units with no view have recently not been selling as well at the 1,600 sq ft and luxury units with views.

This quarter, the numbers are: 6 listings sold. 58 / 44 days on market that were 58 / 44 days on market, and sold for $863,000 / $813,000 which is $505 / $492 per sq ft.

Based on comps and falling price market, suggested asking price for 1,284 sq ft is $599,000 to $629,000.

Find out how much the home down the street sold for. Get a free list of recently sold homes in any area, along with a list of homes currently for sale. Fill out the online form:

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Earning Royalties from Real Estate Investments Paid to You in Crypto

What is this guy talking about? I got this spammy text, but it sounded interesting to me because I make most of my living from real estate and crypto. The spammy text said:

Hey Corey this is Bernard. Would you be interested in earning Royalties from Real Estate Investments paid to you in Crypto without owning physical RE?

I responded:

Maybe if I knew a Bernard at this number I might be interested

He replied:

I did a search on google for Real Estate Professionals in California about this project

I texted back:

I’d like some more details about what you’re offering

He sent:

Check it out https://www.youtube.com/watch?v=ojVVpZskjOM
then review https://bshelly81.theconversionpros.com/sl/IXGLOBAL/

Call me if interested

860-514-…. Bernard

The links lead to videos that basically say something like: The blockchain is revolutionizing the real estate industry. Blocks is the debt ecosystem real estate project that will bring huge growth and excitement to the debt community. The Blocks project will benefit from multiple components of commercial real estate transactions in the first 24 months. The Blocks project is working with multiple institutions with the goal of collecting fees on over 500 million dollars in transactions. Fees and revenue collected will all be used to buy Blocks tokens out of the ecosystem and burned, never to be seen again. Tokenomics at a glance: for each license purchased, tokens are generated and added to the EGI pool. Blocks has a 10% transaction fee each month, 100% of the fees will be burned. Monthly royalties earned through commercial real estate projects will be burned every year. Blocks will experience an annual halving where 50% of the EGI pool will be burned. Debt is all about real projects, real assets, and real burns. Debt software mining licenses, including Blocks, are compatible with several hosting options and operate with very little electricity and high-speed internet service. While your software license is active, you will earn daily rewards. Be a part of the debt community by purchasing a Blocks software mining license and benefit from the commercial real estate industry through the debt Blocks token.

and the 2nd link talked about how:

They come from a construction and real estate background and have seen the uncertainty in traditional investment tools such as jobs, pensions, and 401ks. People are looking for alternatives due to the trillions of dollars lost in the stock market. The speaker’s journey with cryptocurrency started in 2017 when they bought one token after learning about it from a family friend. They started studying the cryptocurrency space after seeing a big return on their investment in 2018 and 2019. They believe that blockchain will change industries, including real estate, title, and mortgage, but are faced with the challenge of choosing from thousands of tokens.

I said:

Thank you. I understand the value of burning but most people do not understand that. I did not hear what is the particular use case, unique selling proposition and viable function of blox

He responded:

U available for a call?
Here’s the detailed information pertaining to BLOX

The pdf talks about: D.E.B.T. is a revolutionary decentralized eco-friendly blockchain technology network of autonomous software node operators who, together, create a blockchain ecosystem.
D.E.B.T, digital currencies are supported by real-world commodities through royalties from projects which are used to purchase tokens out of the ecosystem through the blockchain to add stability with tangible revenues. Projects include agriculture, bauxite, crude oil, gold, real estate, royalty cash flows, distribution channels and natural gas, just to name a few, with more projects to be announced.
The D.E.B.T, ecosystem benefits from the token burns that occur from the purchase of tokens from project royalties received. These royalties are generated from real-world physical commodities, products, and services.
GROWTH STRATEGY…

I will text u from my direct line how much I’ve mined so far with a few BLOX Perpetuals in just 3 weeks in of it’s existence. And mind u the Perpetuals mines for at least 11 yrs of mining these tokens

Hey Corey this is Bernard Shelly with IX Global, here’s a snap shot of my Debt Wallet earning Royalties already from the different commodities and industries (especially Real Estate)

I see a few inconsistencies. BLOX is a real estate company in India — apparently not associated with this Bernard guy. IX Global website appears to be a self-improvement education website, which also appears to be not connected with Bernard Shelly. I could find one video of Bernard Shelly, in which, it it’s the same guy, he is talking about himself and his personal life.

It’s worth taking an hour of my time to investigate potential opportunities like this. I made a significant amount of money from real estate, bitcoin and other crypto assets. They were worth investigating and investing in. I will but just a little bit more time into researching Blox, but it does not look very promising yet because I don’t see much use case. I don’t see a killer app etc.

They conveniently draw a pyramid compensation structure diagram on the pdf. I could maybe deal with that if the real estate part was as clear.

Also, I don’t see much in the way of professional career proof on the internet about “people person” Bernard and his associates.

What do you think? How much should I invest into Blox with Bernard? Fill out my online form.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
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 DRE 01889449. This is not an offer to buy or sell securities. All investments involve risk, including possible loss of principal. All information provided is deemed reliable but is not guaranteed and should be independently verified. This does not constitute financial advice. For financial advice, consult a certified financial advisor. We are not associated with the investment vendor, seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.