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19 July 2020 | 10 replies
I highly doubt the DC market is going to see too much in terms of a correction; there's a fair amount of money and the stimulus+forbearance, as well as the fact that the DC area has managed the coronavirus situation pretty well, contribute to the likelihood that property values won't sink too much, and very well could continue trending upwards.In the end, you're looking to buy and hold, so as long as the numbers work, you should be fine, even if property values dip a bit.
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2 August 2020 | 1 reply
The 4 tenants have been living together for 2 years and I inherited the lease when I purchased the apartment.Long story short, one of the tenants (alias: Ted) got into arguments with their other 3 roommates and their parents reached out about 2 months ago saying it was a hostile environment and unsafe due to coronavirus as the other tenants were bringing in friends and not staying safe.
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3 August 2020 | 2 replies
The people being hurt the most by coronavirus are service workers, and I'd bet homeownership rates among that group are a lot lower than folks with steadier white-collar jobs.
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5 August 2020 | 2 replies
Compared with a year ago, contract signings are up 6.3%, a sign of how sharply the market has rebounded from its coronavirus-related low.
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4 August 2020 | 2 replies
According to the law, even before Coronavirus tenants couldn't be evicted during winter months, so that means if they will not move out in the near months, they will be getting "free housing" for another year!
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5 August 2020 | 1 reply
Analysts had expected the numbers, released Tuesday, to show a 0.1% drop.Home prices actually rose 4.9% year-over-year in June, a sign that the coronavirus hasn’t hurt the housing market as much as other industries.Near-record low mortgage rates helped.
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14 August 2020 | 11 replies
I usually dont have time to do these kinds of things but Coronavirus has definitely given me more of that.
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23 August 2020 | 4 replies
I would’ve liked to rent it but corona virus changed things.
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11 January 2021 | 20 replies
The coronavirus has created a crazy time of future uncertainty, and created a completely new set of working rules, ie people are leaving the cities for affordable sfh in the burbs, as they get to work from home.
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13 August 2020 | 4 replies
As a result, I reviewed the CARES ACT; Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) and discovered some very revealing information, at least for me.Section 4024 of the CARES Act provides a temporary moratorium on eviction filings as well as other protections for tenants in rental properties.