Are people still renting properties

[Dimitri Paspalaris]

I am getting ready to put an offer on a town-home in Jacksonville FL in St Johns county which has a great school district and was wondering if people are still renting properties due to COVID-19? I ask this question because I do not want to buy an investment and have it sit vacant for almost 6 months or greater. Thanks for the help.

[Josie W.]

It is hard to know for sure, I wonder the same. I just purchased my first SFH and my goal was to buy a second SFH right after, but this whole coronavirus thing happened. My renter is still able to pay rent, but I am not sure for how long he will be able.

I am a nurse, so I am lucky I will still be able to work. I am going to continue paying the mortgage as long as I can work. I dont want to have to pay more interests because the mortgage period has extended. .

On the mean time, I try to stay positive and I keep reading biggerpockets and learning a lot from webinars, podcasts and forums. People are great at sharing their stories!!