Can you imagine the “cash flow investors” who needed that cash flow when COVID hit?

I fired my pm who got me by purchasing the pm i had hired and lost my 1000s of reviews during covid lock downs (so 2020 and 2021 were covid impacted).  2022 had a down time that affected the year.  2023 and 2024 the entire off season was worse than before covid.  

She did not know why the renewal had not gone through, but noted that the property was delinquent on its property taxes.In the letter from RAD threatening eviction, which Anderson shared with The Inquirer, the company encouraged her to register for help from the city’s COVID-19 Emergency Rental Assistance Program and provided a link to the program’s website.Anderson said the house had been newly renovated when she moved in in 2019, but she noticed some signs of shoddy work, like dips in the floorboards and a bathroom faucet affixed to the kitchen sink.Still, she’d had few serious maintenance complaints about the property and found RAD’s property managers to be sufficiently responsive.Deteriorating homesSlaughter, the tenant who was outbid for her West Philadelphia home by Mendenhall, wasn’t as complimentary.

For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.

Hey @Ryan CousinsI know this post is a bit older, but I stumbled upon it while researching how San Diego's market trends have evolved.

(covid, historic rate increases, etc.)

Did Covid teach you anything about predictability?

Covid scare has been over for a long time.

Of course then covid pushed rates even lower, which of course because no one wanted to borrow money with that kind of uncertainty.   

The house is comfortable renting out to 2 tenants with their own bedrooms and an extra fridge.2) You should wait until after this COVID bust. 30% of mortgages in the United States were laid or in default in April / May.