Anticipate another 2009 crisis.

As far as I know there are no national rules on this, but each lender has made their own decision and many have stopped doing HELOCs during the crisis. 

We're trying to adapt to this crisis and create win-win situations. 

Having seen my retirement portfolio go through a terrible drop during the 2008 financial crisis I wanted a way to diversify my retirement portfolio.

If there are any investors on this board that were actively investing during the financial crisis/great recession I would appreciate your advice.

Unfortunately, it seems that new deals are becoming rarer and rarer and that was before the current crisis threw a wrench into the global economy!

“The last thing we want during a public health crisis is people being forced out of their homes and onto the street,” Senator Brown said in a tweet.Titled “Emergency Rental Assistance and Rental Market Stabilization Act,” the proposal pairs with a bill in the House of Representatives, which Representatives Maxine Waters (D-CA) and Denny Heck (D-WA) are sponsoring.

I suspect two things are happening here: 1) Hotels are lobbying hard to squeeze VR's in this time of crisis and 2) the Governor made a calculated gamble that STR's are many small fish who, individually, are unlikely to sue while Hotels would certainly do so. 

Most landlords wouldn’t be able to cover that bill.Perhaps they could look into local social programs like this one: https://www.unitedwayoc.org/how-we-are-doing-more/housing/And, in the meantime, California (unlike the feds) has decided to now offer unemployment assistance to undocumented immigrant workers impacted by this crisis.

I’ve talked to many people who survived the last housing crisis and most didn’t have to drop rent too much if any.