@Dylanviaa@gbaroth@BarryRoland19 Parts of costal Santa Monica can be in the top 10, just not here. Closer to Wilshire/Montana much better. This location is not as desirable.
@Dylanviaa@gbaroth@BarryRoland19 This is not even a top 10 location in LA. You can rent a modern 1 bedroom for $4k in Beverly Hills; and not see the bums Santa Monica when you wake up.
Life insurance isn’t for everyone. If your spouse, kids, parents, or other family members can already rely on existing assets or support, paying premiums as an “investment” doesn’t make sense.
You’re better off putting $120/month into the S&P 500.
Start at 30 → by 65 that’s about $455K (from just $50K contributed).
Much better than ending up –$50K in premiums if your family doesn’t actually need the coverage.
Teva Properties has successfully closed escrow on the sale of Budlong Apartments in Los Angeles, CA for $982,500. The asset was originally purchased for $665,000 and underwent extensive renovations. This disposition marks Teva Properties’ 27th sale in the Western US since 2016.
Teva Properties has successfully closed escrow on the sale of 60th Place Apartments in Los Angeles, CA for $977,500. The asset was originally purchased for $625,000 and underwent extensive renovations. This disposition marks Teva Properties’ 26th sale in the Western US since 2016
The Pirkei Avot asks: “Who is rich? He who is happy with their lot.” True wealth isn’t measured by what we have, but by how we view what we have. Gratitude is the real treasure. https://t.co/aWKtp6sa5e
Teva Properties has successfully closed escrow on the sale of Vernon Apartments in Los Angeles, CA for $1,077,000. The asset was originally purchased for $500,000 and underwent extensive renovations. This disposition marks Teva Properties’ 25th sale in the Western US since 2016.
@atnissly I find that smaller buildings are managing to hold on because many bank lenders switch to a floating rate after the fixed period, and the loan isn’t due until a later date. The resulting rate difference will eventually erode all the profits.