How to find good investment property in Los Angeles

Lots of investors are looking to get started, and as active real estate experts in Los Angeles California, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ” How to find a good investment property in Los Angeles California?” … Continued

Real estate investing Resources in Los Angeles

So you wanna get started investing in Los Angeles and you’re checking things out, eh? Good for you. Always do your homework and you won’t get schooled. Here’s some great tools that we’ve found and we use from time to time and great real estate investing resources in Los Angeles for investors here locally to … Continued

How to find foreclosures in Los Angeles California

There’s a lot of competition to find great deals on local Los Angeles California foreclosure properties. Finding them is only one part of the process – you also need to know how to capture them. Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in … Continued

How to Bid On a Short Sale Property Los Angeles – Home Solutions

Short sale properties can be a great source of income for investors and a great deal for home buyers. It’s important to keep in mind that a short sale is one where the bank has approved a loss on a current loan. They’re losing money, so they want to unload. Generally, the current owner is in a rough … Continued

Investment Property Tax Deductions List for Los Angeles

Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Los Angeles investment properties… you can earn investment property tax deductions for your Los Angeles properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of … Continued

Tips on Buying Real Estate with your IRA in Los Angeles – Home Solutions

While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Los Angeles real estate within your IRA. So, let’s dive … Continued

Economic Update – Week of October 18, 2020

Consumer Prices are rising…FAST!! Retail spending saw a V-shaped recovery, but can it last? Low inventory, low mortgage rates, and a large pool of buyers means higher prices and less days on market Consumer Price Index   The Consumer Price Index (“CPI”) rose 0.2% in September and up 1.4% from a year ago.  Energy prices rose … Continued

Economic Update – Week of October 11, 2020

Lower rates are here to stay for the foreseeable future More stimulus is likely needed to keep the recovery on track ISM Manufacturing data shows that things are getting better Jobless claims are improving, but slower than anticipated Fed Meeting Minutes The Federal Open Market Committee consists of members of the Federal Reserve System overseeing … Continued

Economic Update – Week of October 4, 2020

The recession has hit some harder than others, which has been based primarily on socioeconomic status. Over 660,000 jobs were added to the economy, but jobs are beginning to taper off. Unemployment is lower, but a more realistic view of unemployment that includes furloughs and discouraged workers is much higher. Consumer confidence rose to a … Continued

Economic Update – Week of September 20, 2020

Jobless claims saw a moderate decline, but 12.63 million people remain unemployed. U.S. consumer spending appeared to slow in August as extended unemployment benefits were cut for millions of Americans. Data suggest the economic recovery from the Covid-19 recession is faltering. Initial Jobless Claims.  According to the Labor Department, jobless claims totaled 860,000 for the … Continued

Economic Update – Week of September 13, 2020

Consumer prices continue to rise, which is beginning to impact how people are grocery shopping Unemployment continues to fall month-over-month, but there is still a lot to be done as experts anticipate elevated employment for several years Mortgage rates continue to fall, but lack of supply in housing has led to a rise in prices … Continued

Economic Update – Week of August 30, 2020

The US economy saw the worst decline in GDP for any quarter since the Great Depression. California’s unemployment has dropped slightly but is still above 12% (4% this time last year). Pending home sales continue to rise, but low inventory continues to be a problem.  Consumer confidence has dropped to a recent low due to … Continued

Economic Update – Week of August 23, 2020

Existing home sales are booming thanks to historically low-interest rates and a low inventory of houses for sale Initial jobless claims rose to 1.11 million, after falling below 1 million for the first time since the pandemic There are currently 14.84 million people unemployed and looking for work Moratoriums for evictions are going to be … Continued

Economic Update – Week of August 16, 2020

Retail sales are up 1.2% in July but have tapered off since the economy reopened Very little has changed with the Consumer Price Index, but this is mainly because there is a lack of demand for pretty much everything Mortgage rates rose likely because of good news with the economy and coronavirus Corporate bankruptcy are … Continued