DON'T JUMP INTO REAL ESTATE until you know exactly what you are doing and you will be light years ahead of everyone you know.Now that this virus seems to be ending there is a lot of money to be made when kids go back to college and you can buy a property and rent rooms to 2 students per room.

Once things start to break it spreads through the financial system like a virus and w/ all the leverage in the system no one knows how long or deep the upcoming recession will be and what it will affect.

Hence, the Corona Virus, a great case in point.I know of real stories where the market shifted and investor friends of mine had their money tied up for years.

Just remember during this virus thing , you get first month and deposit , if the rent stops you cant evict for who knows how long .

Some lenders require an attestation statement such as, “The corona virus shelter in place order has not impacted my income or employment, and I’m not currently in forbearance or pending acceptance of a forbearance plan.”

SBA asks how much $ you’re out due to the virus.

The virus is real.

With the uncertainty of covid virus, there might be some softening of the price in a few months.

The week we were supposed to close, the bank called and said they were delaying the closing due to the virus and uncertainty.

by the virus.