When is the collapse coming?

Keep in mind, everyone has been waiting for the collapse of the real estate market for at least the last 5-7 years.

As I continue to progress in my financial journey and contemplate my reasons for pursuing early financial independence more carefully, finding my why, it's obvious that the collapse of the Greek economy and the financial distress of my friends and family in Greece has a great deal to do with my mindset.Imagine living in a country where you go to the bank one day and they tell you that you can't draw any of your own money out of your own bank account.

The travel surge post covid is over, so most successful properties are professionally managed/co hosted to ensure maximum success. 4.9 rating and above listings will survive the so called "airbnb" collapse. 2.6 billon per year still travel, the need is there, the supply is going down with all the hobbyists/opportunists now jumping ship because they don't run it like a hospitality business will run it.

Per day.Headlines indicate:Water stores in California will last only ONE YEAR.Many properties are having collapse of earth due to usage of groundwater.

Basically, be fearful when others are greedy.Then came March 2008 when Bear Sterns collapsed, followed by Lehman Brothers and Merrill Lynch in September 2008.

Everyone is looking for yield and your mother wants to find a way to make 8% on her Money...that is the same target for all the Pension Funds and the reason why they are all going to collapse.

To the LLC topic, when we set up an LLC it means this:  include the State registration, pulling an EIN (optional, but to create a truly separate entity, should be done), put together an Operating Agreement (even if you are the sole member, because again, this is part of business formalities necessary to show in a court that you're intention was to make the LLC separate from you personally); and yes, you should open a separate business bank account for the LLC (because comingling funds in an account under your personal name is the easiest way for a suing attorney to collapse the LLC). 

Change in regulations Bad evection laws.Government collapse no one to enforce property ownership Property  confiscationRequirement for crazy high insurance.

The pandemic is not the issue, the collapse of the world's economy is.