This historically has backfired, often making the wealth gap increase...and housing less affordable.Let these unprecedented times be a 'Reset' to rethink, or finetune your goals and priorities in your RE business.

“Lenders will likely give the borrower every opportunity to get to the performance level before this unprecedented event,” he said.Jim Pierson, managing director of Walker & Dunlop in Phoenix said he would hope lenders are willing to extend these loans, and other options could include deferred payment or discounts that were available in the last cycle.

However this is unprecedented times and I believe we also should be compassionate and understanding of their situations.

The context is Ontario Canada, but it has some great points that can benefit all landlords and tenants during this unprecedented time.Cheers,Paul

Hi BiggerPockets community:During this unprecedented time, I want to study and take action in real estate investing, and I wonder how I should go about it?

I understand the long-term financial impact of reduced rent vs. vacancy/turnover costs and I, along with most property owners, want to do my best to work with my tenants in this unprecedented and difficult time. 

Also, some insight on how you are communicating to your tenants and handling these unprecedented times.

I hope all are doing well during these unprecedented times. 

I hear what you are saying, and IF Dave could predict an unprecedented time in the last 100 years, he would be a genius.

It is the best solution I can think of to balance humanity and business during these unprecedented times.