Los Angeles Real Estate Investors Club

Join our workshops, seminars, and boot camps for real estate investors featuring our talented faculty of Tenured Professors. Visit https://lareic.com/lareicuniversity/ for the full list of classes. #realestate #realtor #realestateagent #california #southerncalifornia #socal

Join Los Angeles Real Estate Investor Club's Monthly Meeting on July 8, 2021, with EDNA KEEP! Register now at https://lareic.com/. #realestate #realtor #realestateagent #california #southerncalifornia #socal #orangecounty #cali #realestateinvestor #realestateinvesting #realestateinvestors #realestateinvesting101 #realestategoals #realestatelife #property #propertyinvestment #investmentproperty

It’s only fitting that the rollout of the vaccine heralds a return to something resembling normalcy. Read the "Economic Update" newsletter. #realestate #realestateinvesting #realestateinvestors #realestateinvesting101 #realestategoals #realestatelife

https://www.linkedin.com//economic-update-monday-june-28-2

Know everything you need to learn about the real estate industry and become a real estate investor; visit https://lareic.com/services/ now! #realestate #realtor #realestateagent #california #southerncalifornia #socal #orangecounty #cali #realestateinvestor #realestateinvesting #realestateinvestors #realestateinvesting101 #realestategoals #realestatelife #property #propertyinvestment #investmentproperty

Kitchen rehabbed from scratch

Economic Update (Monday, December 21, 2020) Certain years are so eventful that they are regarded as pivotal in history, years when wars and slavery ended and deep generational fissures burst into the open 1865, 1945, and 1968, among them. The year 2020 will certainly join this ominous list. This year will long be remembered and studied as a time when more than 1.5 million people globally died during a pandemic, racial unrest gripped the world, and democracy itself faced e...Continue reading

Enter great room

Economic Update (Monday, December 14, 2020) Emotional intelligence, an important concept for investors to understand, is loosely defined as being able to recognize the feelings of others and then leverage that insight to manage relationships and decisions. This ability leads to empathy, an especially critical element at a challenging time like this. Many of the key issues around COVID are supercharged with emotion and opinion. This ...Continue reading

Finished rehab. Walking tour

Economic Update (Monday, December 7, 2020) Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering several stimulus proposals, including a Democrat $908 billion package and a Republican $550 billion package. And now there is renewed hope of a bi-partisan compromise. The vote could be any day now. But time is quickly running out on this lame duck session. Unless ...Continue reading

Woodland Hills fix and flip

Economic Update (Monday, November 30, 2021) The shortened Thanksgiving week was a relatively quiet period for our economy. A large batch of economic reports last Wednesday had little impact, and mortgage rates remained near record low levels. Sales of new homes continued at a blistering pace in October. Builders say that they are putting up new homes as quickly as possible, but that a lack of land, labor, and materials is severely limiting the pace of construction. Exist...Continue reading

Billionaire to Broke. He went from multibillionaire to broke and living in a small apartment just like he planned. That’s the attitude of Chuck Feeney, the one-time billionaire who has spent several decades doing his best to give away his fortune. Just as he was wildly successful as the co-founder of retail giant Duty Free Shoppers, he was also accomplished in meeting his charitable goal. This week, Feeney, now 89, closed his 38-year old Atlantic Philanthropies, having do...Continue reading

Economic Update (Monday, July 6, 2020) The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shutdown of our economy (due to the pandemic) has been faster than anticipated. But with the sudden surge in viral infections and re-closings of businesses we are forced to take a second look this week. Let’s see why...Continue reading

Economic Update (Monday, June 15, 2020) It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (NBER). Our unprecedented 128-month expansion the longest dating to 1854 came to a halt in February. Of course, the announcement comes as no surprise. The coronavirus pandemic struck the U.S hard in March and led to a nationwide lockdown that shuttered most of the...Continue reading

Economic Update (Monday, May 18, 2020) The closely watched Retail Sales report released on Friday showed that consumer spending dropped even more than anticipated in April. Fed Chair Powell repeated the message that the Fed will use all its tools to support the economy. Daily volatility in mortgage markets remained low, and the change in rates for the week again was minimal. With much of the economy still shut down due to the coronavirus, economists predicted an unpreceden...Continue reading