The market has since seen its worst drop in value since the last recession only 12 years ago.Not to mention, the additional 0.5% on refinance government mortgages mandated by the Federal Housing Finance Agency (FHFA) on all Fannie and Freddie Mortgages will raise the costs for average income families in these crazy pandemic times.How do you see the many jobs losses, raised borrowing costs, non paying tenants leading to unpaid rents and higher vacancy rates turning the difficult market condition into a new wave of Real Estate opportunities?

@William WrightI use Cozy.co for rent collection and to store rental agreements and Wave accounting to manage expenses.

However, it probably won't be the tidal wave some are anticipating. 

Or because they are giving you at or less then 80% of the value, is that waved?

I think we will see a wave of short sales and foreclosures if the unemployment rate stays high, depending on the elections and what turmoil that is bound to bring, the Fed and what they do with interest rates etc...

I’d definitely be down for meeting up to chat, maybe at the dog park after this heat wave?

Extreme heat waves, COVID, and Northern California fires were some of our greatest challenges to say the least that impacted different aspects of our rehab and selling process.

Basically, don't fear the wave but respect it, don't fight the wave learn to ride it.

I would hold off on dumping a large sum of money into a mortgage if there is a chance that property values have a chance of taking a hit.It will pay off the mortgage sooner but it may be best saved for when values drop so you can turn around and buy low to wait for the wave of foreclosures to level off.

I found a mentor in the market who is done scaling his own portfolio (he refuses to take on debt, just rode the 2011+ wave, and his cashflow pays for his crazy frugal lifestyle more than 10 times over).