Today, with the coronavirus pandemic, retail closures, and banks facing serious uncertainty in the economy overall and with retail in particular, expect LTVs will be much lower. 60-65% is a better benchmark for bank financing.

A lot of these southern beach & mountain towns have been supporting STR for 75+ years, long before Airbnb was a thing, so they’re very comfortable with it and it’s a built-in part of the community.3) The Southern half of the US is more forgiving if your property is out of service for a couple months (a flood, property damage, coronavirus) bc you earn year-round revenue.

Good luck to you all investing in the coronavirus era!

So, we should all be concerned about how our portfolios are developing and the fluctuations that are occurring in our investment locations.The corona virus is slowly eroding the Silicon Valley real estate market.

I literally 4x my income over night and the trajectory of my life has forever been changed.The amount of GC work in the Seattle area is staggering and the Corona virus is making for a very interesting opportunity.

When Coronavirus shut down the economy and no on was staying in my STRs I advertised them as long term rentals on Zillow.

Sold for over asking and closed March 20th amidst the corona virus pandemic.

Due to coronavirus, I was scared towards the end of closing because I felt like property values would go down a bit.

@David KuhlkeThe biggest benefit of a local CPA is that you can spend 2 hours in traffic going to and from his office and transmit the coronavirus in person.Everything else can be accomplished via phone or video conference and secure portals.

Due to the break of Coronavirus, now the economy's taken a turn for the worse.