Mark 1 Real Estate – Andres Segovia
DRE #01909449
The January 2025 fires killed at least 30 people and damaged or destroyed more than 11,000 homes in the star-studded enclave of Pacific Palisades and the community of Altadena.
As of Wednesday, the Los Angeles Department of Building and Safety (LADBS) has received a little over 1,800 building permit applications related to post-fire recovery in the section of the Palisades fire zone that falls within L.A. city limits—and approved 758 of them, an agency spokesperson tells Realtor.com®.
Seth Larson is the CEO of Resilient Roofing. He joins me to talk about the economic factors impacting the construction and real estate industries.
We also touch on the sluggish progress being made in Los Angeles after the destructive fires of January 2025.
My letter to the State Legislature:
Dear Assemblymembers,
Time is short so I will be brief.
Areas like Los Angeles and San Francisco have had established Rent Stabilization Ordinances for decades. Those rent control initiatives were meant to keep rent affordable and to reduce homelessness. Decades later, these areas are known for the highest rental rates and highest rates of homelessness in the country.
Facts are facts: rent control does the opposite of what it intends to do. It hurts housing providers. It hurts renters.
AB 1157, however well meaning it may be, will only contribute to the State’s housing problems not aid them.
I urge all of you to strongly OPPOSE AB 1157.
Thank you for your attention.
-Andres Segovia
Get informed and find resources to contact the assembly in the video description here:
All resources are available here:
Reacting to the new JCO registration requirements in Los Angeles as presented by Dennis Block, Esquire of The Law Firm of Dennis Block and Associates.
Webinar link: https://www.youtube.com/watch?v=y8uX45ghPQk https://theandressegovia.start.page/ #theandressegovia #losangeles #rentcontrol
A presentation by Michael Brennan, Attorney at Law.
It’s Election Season again! That means more proposals to raise taxes, add taxes, reform temporary taxes to make them permanent, excessive borrowing, etc.
Be informed. Vote NO on all taxes and borrowing proposals!
UPDATE: This episode aired before Gavin Newman vetoed the proposed $150,000 loans for 1st time homebuyers bill.
The FREE Million Dollar Trade Show & Landlording Conference!
WHEN: Thursday, August 22nd, 2024
WHERE: Long Beach Convention Center
Leasing An Illegal Unit
Topics Discussed:
The danger of leasing an unpermitted unit.
Hear many landlords ask their questions regarding Landlord-Tenant Law.
via YouTube
Busting 1031 Exchange Myths! 💼 #realestate #realestateinvesting #1031exchange #1031explained
The Reality of 1031-Exchanges and A Piece of Advice. Beware Before You Complete an Exchange!
🔑 Busting 1031 Exchange Myths! 💼
There are many misconceptions about 1031 exchanges. Here’s the truth:
93% of IPX’s exchanges get completed, but it’s okay if they don’t. They tell their clients, if you don’t find something you love, don’t buy it just to save on taxes. Paying a bit more for a property you really want is fine, but don’t settle. Most are paying market value, not overpaying just to complete the exchange. Make smart, informed decisions! 🏡✨
Link to the full video: https://youtu.be/dfawO-71cqc
Contact:
Greg Burns
Senior Vice President
Investment Property Exchange Services, Inc. (IPX1031)
(626) 233-2773
https://ift.tt/w8ImrUD
#1031Exchange #RealEstateMyths #SmartInvesting #PropertyInvestment #TaxSavings #InvestmentTips #RealEstateAdvice #financialwisdom
via YouTube
A Creative Twist on 1031 Exchanges for Baby Boomers! 🌟 #realestate #1031exchange
Homes are Becoming Unaffordable for the Next Generation. This Strategy Led to a Family Helping their Children Own a Home.
🏡 A Creative Twist on 1031 Exchanges for Baby Boomers! 🌟
With skyrocketing real estate prices, how can our kids afford to buy homes? Some savvy baby boomers are stepping in to help. Recently, we’ve seen parents sell off investment properties and use the proceeds to buy homes for their kids. The kids pay rent, and the parents hold the property as an investment.
✨ The Perks: They can set up a trust, ensuring the property becomes their child’s primary residence in the future. Combining tax codes like Section 1031 with Section 121 allows for some smart financial planning.
Link to the full video: https://youtu.be/dfawO-71cqc
Contact:
Greg Burns
Senior Vice President
Investment Property Exchange Services, Inc. (IPX1031)
(626) 233-2773
https://ift.tt/fpUj4xk
#RealEstate #1031Exchange #FamilyInvestments #GenerationalWealth #FinancialPlanning #BabyBoomers #HomeOwnership #Trusts #InvestSmart
via YouTube