As a whole, when people are fearful and not as confident, they are less like to buy a new vehicle, book a vacation (obviously that's the case now), go out to restaurants, buy new consumer goods, and discretionary spending falls.

I decided to get my license because I was into investing since I was about 17 and new that was the “big investment vehicle” and I wanted to learn as much about it as I could and saw that my high school had a night school class for adults for real estate and I went for it!

They rent a nice apartment, have a car loan on a nice vehicle, maybe student loans and at best a small amount of money in a savings account that never grows.One of these co-workers has texted me asking if I think we will see layoffs. 

You could post a sign to remind them not to leave valuables in the vehicle, but my guess is that could somehow backfire if there is another break in and you are considered to be liable somehow.

Not a standard savings account or some collectible, but in some sort of long-term investment vehicle.

Hopefully the word "Recourse" isn't prevalent in your loan documents.Things like own your vehicle 100%, make sure your living situation is still available (even if it means having to move into an apartment), cellular service will still be on, etc...And like has been stated above keep an open channel with YOUR lenders, (IF) there is a problem you may be able to work something out--this is a National Problem.Good Luck!

I had a great one 12 years ago & he's back & desperate for work so we'll see how long that lasts.I've met a lot of burned out mid 50's guys over the years with a beat up vehicle & a few tools who will work for $12-$20/hour depending on the type of work assigned.

So I was wondering, is there some vehicle whereby I might sell the house now but with deferred payment?

Most of them started out with small, multi-unit properties and eventually worked their way up to large commercial buildings.Understanding real estate cash flow opens up the opportunities for real estate investors to reap the many benefits of this investment vehicle.

enough to still have a vehicle, with expired registration, to sleep in.