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All Forum Posts by: Brian Bradley

Brian Bradley has started 41 posts and replied 491 times.

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Matt R. I believe that even if u did get the Wuhan Virus u will have a very high probability of surviving like the others. To date 61 deaths in the US. It is a very big concern for the elderly and those with underlying respiratory issues. Which already are at risk from every other virus. Calm the panic down. It’s easy to get trapped in it. It’s scary and polarizing, but the medical professionals are even trying to talk everybody off the ledge. Nobody wants to listen to them. Wash your hands a lot, don’t touch your face, etc. drink lots of water. If you did catch it it stays in the throat fist. Drink water through the day will push it into your gut and not your chest. Per the medical experts. So relax and enjoy your family. 

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Matt Mason it’s obviously causing and economic impact by a trickle down effect. The issue is panic and hysteria. People just need to relax and stop over panicking. Things will normalize. 

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Alan M. then I guess the medical experts saying it also r, and who are also reminding everybody of it. Death rate. To date 61 deaths in the US. At the same point of the swine flue we had over 1,000. Per the CDC. And John Hopkins. I’ll listen to the medical experts. The economy is on an unfortunate rollercoaster with this and geopolitical games going on in Saudi Arabia and Russia with oil. It’s a bad cocktail. Nobody wants to see the economy and stock market like this. But it’s panic driven and defensive. People r chomping at the bit to get back into it. It’s not irresponsible to state what other medical professionals who are the experts are saying. Just relax! You will all most likely be fine. I expect my wife to get the  Wuhan Virus as she is treating patients with it, and her medical staff. They expect to get it also. None of them are panicking. Same with my neighbor who is also treating similar patients. He is not in a hysteria. Nobody thinks it’s funny. It’s a very polarizing time. But panicking and hysteria is not a way to function. Just take the free time to play with ur kids, family time and read a book. 

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Alan M. pretty good. Media driven panic. The prediction is from doctors and the CDC. Not my own words. Hence the quotes and names of sources.  Just passing along useful information in a panic. But how is ur lack of character doing for u based off your reply? I’m perfectly fine, everyone in my family and community and town are. We are not panicking and just taking it with the severity of any virus. Washing our hands and common sense. Trying to get some supplies not because of the concern of the virus but the mass rush on the stores. We need toilet paper.  No point in hysteria or panic. I suggest you look urself in the mirror and ask what the point of a comment like urs was? The numbers still r the number. They have not changed and still a media driven hysteria that if people just exercise precaution and cleanliness we will get through just fine. It’s a respiratory virus that the elderly or those with underlying immune system issues are most vulnerable as they already are with other viruses.  Where was the mass hysteria with the seine flue in 2009-2010?, Barack Obama, first year as president, 60 million Americans infected in a 10-month period, 300,000 hospitalized. 18,000 deaths. This is just 10 years ago now. 1,000 Americans had died, when Obama finally declared a national emergency after a thousand deaths. The media coverage was different. So ask your self how do you feel with your comment. I just see what the cdc and doctors and other med professionals say. Don’t over panic. Don’t touch your face. Wash you hands. Get fresh air.  China has already reported they r in the downside and have almost zero new cases. It will pass. No need for panic, or hysteria, or rude smart %#* comments to strangers to make urself feel better about yourself. Relax and be with your family and friends and maybe do some meditation and inner work on yourself and character if that’s how you talk to people with a different view then you. 

Post: Asset Protection - Proprietary Irrevocable Spendthrift Trust

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Howard Woo https://www.biggerpockets.com/member-blogs/12891/89347-asset-protection-trusts-domestic-vs-foreign this article will sum it up. This question has been asked and answered by other attorneys so I don't want to rehash it. Basically, anything domestically, it does not matter what it is, will never be able to stop the Constitution and the full faith and credit clause. No such thing as bullet proof. Ask them to guarantee that in writing and if you loose your lawsuit if they will indemnify you? And if you are setting up a system to avoid taxes, that is fraud and if challenged in court would not hold up. Asset protection has to be designed to be tax neutral, hence why all big firms who have high net worth clients and investors us irrevocable tax neutral self settled spendthrift grantor trusts, either foreign or connected to a domestic counter part. Anything purely domestically like a NV Asset Protection Trust etc can never get away from a judges actual authority or the US Constitution. 

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

I’ve seen this idea a lot today and I like it.

Buy a gift card today from your favorite small businesses who need your support. Use it later once everything subsides.

Or buy a gift card and give it to your favorite store owner to help them when people are not eating or going out. They will need the help. This has been my option.

Let’s support small businesses, especially during these insane times.

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Edward Kanive sorry to tell u my wife is a doctor in a very big hospital with a case of the virus itself and all my neighbors are doctors at OHSU. So I know what doctors say and r saying and the daily updates. Numbers and facts are numbers and facts. I’ve blinded by politics. Stay healthy

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

A really interesting comparison. Swine Flue, remember that? let me give you some statistics and compare the Swine Flue to Chinese Coronavirus. “How many of you even remember the swine flu 2009, 2010? Honestly! I don’t remember it. I don’t remember a thing about the swine flu. I went back and looked at the stats and I was stunned. Are you ready for this? The swine flu outbreak in this country in 2009 and 2010, 60 million Americans were infected. Do you remember that? Sixty million were infected. Dr. Siegel.

”Do you know how many people were hospitalized in 2009-2010 with the swine flu? Three hundred thousand were hospitalized. So 60 million people infected, 300,000 hospitalized. 

Sixty million Americans infected, 300,000 hospitalized. The numbers with the coronavirus are not even close. They are barely a fraction of a percentage compared to the swine flu. 

There wasn’t any media panic. No political weaponizing. We went through a much worse situation with the Swine flue. And then we also had Ebola. And that’s just 10 years ago, 300,000 hospitalized. So we overcame it. We overcame Ebola. This is gonna end, it’s gonna pass. 

we’re gonna rebound from this, and when we do, you had better get ready and hold on tight, because this market’s gonna rebound. The people who are selling right now and getting out of it are panicking, and they don’t want to be selling. Everybody’s doing this from a very defensive posture and point of view. this market is gonna rebound like you can’t believe because the people who have been selling off want to get back in it. And we are taking economic procedures right now that are going to serve to further reignite the economy when all this passes.

don’t forget, ’cause I’m sure everybody has, swine flu outbreak 2009, 2010, right here, United States of America, 60 million Americans infected. you have to visualize this, 300,000 hospitalized. We’re nowhere near 300,000 hospitalized with coronavirus. I mean, we’re not even close to it. In fact, worldwide we don’t even have 300,000 cases, worldwide, of the coronavirus. Three hundred thousand hospitalized in the United States alone. You don’t even remember it. 

February 12th, 2010, archives, Reuters news: “Swine Flu Has Killed Up to 17,000 in U.S.” February 12th, 2010: “H1N1 Swine Flu Has Killed as Much as 17,000 Americans Including 1,800 Children – The U.S. Centers for Disease Control and Prevention reported on Friday the swine flu pandemic put as many people in the hospital as during the normal influenza season, but most were younger adults and children instead of the elderly.” And it was during the months when usually very little or no flu is circulating, the CDC said. “The CDC estimates that between 41 million and 84 million cases of the 2009 swine flu occurred between April 2009 and January 16th, 2010.” So it’s maybe more than 60 million, 84 million cases of swine flu.

So the swine flu got the young also, not just the elderly, 84 million cases, 1,800 children dead, 300,000 total infected, 13,000 adults. That’s a February 12th, 2010, archives at Reuters. Seventeen thousand Americans dead. We don’t have 17,000 people dead worldwide from the coronavirus, folks. And you know what the recovery rate for the coronavirus is, according to the Johns Hopkins University website?Johns Hopkins University website shows that the recovery rate is — Sixty-five percent.

“Can anybody tell me the number of Chinese coronavirus deaths in the United States?” (interruption) You looked it up, did you? You had to look it up because you didn’t know off the top of your head.The one thing missing in all of this panic-driven coronavirus news is what? The number of deaths in the United States!”

About 60% of the death toll has happened in one place, and I don’t mean one city. I mean literally in one place in one city. Thirty-nine 39. Do you know that 26 of those 39 deaths have occurred in a nursing home in Seattle, Washington state? 

You take the 26 deaths out of the equation from the one nursing home in Washington state and how many deaths are we talking about? 13! And yet we are reacting this way? We’re wrecking the United States economy! Yet go back. The swine flu: 18,000 people dead, 60 million infected, 300,000 hospitalized in 2009-2010."

When you look at date and history it puts things into perspective. This is why I am not panicking and just treating it with the respect of any other virus. 

Post: Corona Virus Cases are getting worst! should I buy now or wait?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@Anne Williams go about ur ordinary business and crunch ur numbers.

Just to put into perspective, Swine Flue, remember that? let me give you some statistics. “How many of you even remember the swine flu 2009, 2010? I don’t remember it. I don’t remember a thing about the swine flu. I went back and looked at the stats and I was stunned. Are you ready for this? The swine flu outbreak in this country in 2009 and 2010, 60 million Americans were infected. Do you remember that? Sixty million were infected. Dr. Siegel.

Do you know how many people were hospitalized in 2009-2010 with the swine flu? Three hundred thousand were hospitalized. So 60 million people infected, 300,000 hospitalized.

Sixty million Americans infected, 300,000 hospitalized. The numbers with the coronavirus are not even close. They are barely a fraction of a percentage compared to the swine flu.

There wasn’t any media panic. No political weaponizing. We went through a much worse situation with the Swine flue. And then we also had Ebola. And that’s just 10 years ago, 300,000 hospitalized. So we overcame it. We overcame Ebola. This is gonna end, it’s gonna pass.

we’re gonna rebound from this, and when we do, you had better get ready and hold on tight, because this market’s gonna rebound. The people who are selling right now and getting out of it are panicking, and they don’t want to be selling. Everybody’s doing this from a very defensive posture and point of view. this market is gonna rebound like you can’t believe because the people who have been selling off want to get back in it. And we are taking economic procedures right now that are going to serve to further reignite the economy when all this passes.

don’t forget, ’cause I’m sure everybody has, swine flu outbreak 2009, 2010, right here, United States of America, 60 million Americans infected. you have to visualize this, 300,000 hospitalized. We’re nowhere near 300,000 hospitalized with coronavirus. I mean, we’re not even close to it. In fact, worldwide we don’t even have 300,000 cases, worldwide, of the coronavirus. Three hundred thousand hospitalized in the United States alone. You don’t even remember it.

February 12th, 2010, archives, Reuters news: “Swine Flu Has Killed Up to 17,000 in U.S.” February 12th, 2010: “H1N1 Swine Flu Has Killed as Much as 17,000 Americans Including 1,800 Children – The U.S. Centers for Disease Control and Prevention reported on Friday the swine flu pandemic put as many people in the hospital as during the normal influenza season, but most were younger adults and children instead of the elderly.” And it was during the months when usually very little or no flu is circulating, the CDC said. “The CDC estimates that between 41 million and 84 million cases of the 2009 swine flu occurred between April 2009 and January 16th, 2010.” So it’s maybe more than 60 million, 84 million cases of swine flu.

So the swine flu got the young, 84 million cases, 1,800 children dead, 300,000 total infected, 13,000 adults. That’s a February 12th, 2010, archives at Reuters. Seventeen thousand Americans dead. We don’t have 17,000 people dead worldwide from the coronavirus, folks. And you know what the recovery rate for the coronavirus is, according to the Johns Hopkins University website?

Johns Hopkins University website shows that the recovery rate is — Sixty-five percent.

“Can anybody tell me the number of coronavirus deaths in the United States?” (interruption) You looked it up, did you? You had to look it up because you didn’t know off the top of your head.

The one thing missing in all of this panic-driven coronavirus news is what? The number of deaths in the United States!”

About 60% of the death toll has happened in one place, and I don’t mean one city. I mean in one place in one city. Thirty-nine 39. Do you know that 26 of those 39 deaths have occurred in a nursing home in Seattle, Washington state? You take the 26 deaths out of the equation from the nursing home in Washington state and how many deaths are we talking about? 13! And yet we are reacting this way? We’re wrecking the United States economy! Yet go back. The swine flu: 18,000 people dead, 60 million infected, 300,000 hospitalized in 2009-2010.

Post: What will be the impact of the Coronavirus crisis on real estate?

Brian Bradley
Pro Member
Posted
  • Attorney
  • Wilsonville, OR
  • Posts 504
  • Votes 411

@James De Stefano thanks. On an investment side, these mass hysteria’s creat buying opportunities and points of entry. I was going to re-deploy my cash reserves into another underperforming note, but could not pass up 5. 10 or even 15% discounts on some blue chip stocks. So take care of your health and family, but don’t forget that media created hysteria creates good points of entry in other markets. Huge dips in Disney and Apple etc not because of bad business or financials, but geopolitical hysteria.