Several decisions were made during last year’s election – the big one – Measure M goes into effect July 1st, 2017.
Measure M, which voters overwhelmingly passed, will raise the Los Angeles (L.A.) County sales tax by half a percent and extend the Measure R half a percent increase. Together they will generate $120 billion in transportation projects over the next 40 years and will continue permanently unless voters act to repeal them.
"The car capital of the world will soon be home to a transit system that is the envy of the world," said Los Angeles Mayor Eric Garcetti
Measure M, which voters overwhelmingly passed, will raise the Los Angeles (L.A.) County sales tax by half a percent and extend the Measure R half a percent increase. Together they will generate $120 billion in transportation projects over the next 40 years and will continue permanently unless voters act to repeal them.
"The car capital of the world will soon be home to a transit system that is the envy of the world," said Los Angeles Mayor Eric Garcetti
Garcetti speaking about saying yes on Measure M to California State University Northridge (CSUN) Students at Plaza Del Sol November 3, 2016 Photo credit: Alejandro Aranda
Make no mistake, L.A. County is huge, with over 10 million residents L.A. County is more populated than most states. In fact, there are only 7 states in America that have a population of 10 million or more.
There is no doubt that this authorized injection of massive capital will create real estate booms and hot spots. We know the Five W’s regarding Measure M…who, what, why. Knowing the where gives us the opportunity to invest before it happens. Knowing the when allows us to invest at the right time.
As a professional investor, the more information you know, the more predictable your returns will be. Measure M is a beautiful harmony of planned, predictable, sustainable, recession-proof growth.
Recession-proof is important. Even during a recession people purchase the bare necessities such as water, diapers, etc. Even during a recession, one percent in sales tax (half a percent for Measure M and half a percent for Measure R) on those bare necessities will make its way into the Los Angeles Metropolitan Transportation Authority (Metro) to be spent on only approved transportation projects.
There is no doubt that this authorized injection of massive capital will create real estate booms and hot spots. We know the Five W’s regarding Measure M…who, what, why. Knowing the where gives us the opportunity to invest before it happens. Knowing the when allows us to invest at the right time.
As a professional investor, the more information you know, the more predictable your returns will be. Measure M is a beautiful harmony of planned, predictable, sustainable, recession-proof growth.
Recession-proof is important. Even during a recession people purchase the bare necessities such as water, diapers, etc. Even during a recession, one percent in sales tax (half a percent for Measure M and half a percent for Measure R) on those bare necessities will make its way into the Los Angeles Metropolitan Transportation Authority (Metro) to be spent on only approved transportation projects.
The L.A. Metro has over the past decade laid out, analyzed, debated, prioritized, and approved key projects. As funds start pouring in July 1st, although it is possible, do NOT think you will see “Ground Breaking” headlines as they kick off projects all over the county. Metro isn’t always the best at marketing their efforts. You have to be intimate with these projects and the Five W’s of each.
We all know the power and dramatic boost in values near newly constructed freeways and highways. For example, our goal isn’t to just be near the freeways but at the planned exits of those freeways that will serve the fastest growing communities. This is just one of our many no-brainer, life-changing, Measure M strategies.
We all know the power and dramatic boost in values near newly constructed freeways and highways. For example, our goal isn’t to just be near the freeways but at the planned exits of those freeways that will serve the fastest growing communities. This is just one of our many no-brainer, life-changing, Measure M strategies.
If you want to learn more about how we have successfully helped countless investors to enhance their returns and lower their risks, be sure to visit our next meeting by signing up here.
If you understand that success and speed go hand and hand and you are ready to be a part of the Measure M growth, call my office and ask for me my concierge has been instructed to put all Measure M calls through. You can reach me at (844) RTA-LAND (782-5263).
If you understand that success and speed go hand and hand and you are ready to be a part of the Measure M growth, call my office and ask for me my concierge has been instructed to put all Measure M calls through. You can reach me at (844) RTA-LAND (782-5263).
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