31 March 2020 | 3 replies
It really depends on how long this will crisis will run.Personally, if we can get out in the same time period as China, the hit on real estate won't be that big (showing how resilient RE is).
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24 March 2020 | 2 replies
Once they feel happy and secure people will start spending which will lead to heavy inflation.I think china and s Korea did not make massive economic stimulus the way us, uk and other countries did.
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7 April 2020 | 28 replies
For example China had only 7 new cases where-as the united states just peaked at 9,999 with only 64 in the last few days.
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11 September 2020 | 328 replies
the big thing we all have to stick together as landlords,just like the president didnot cause this ,he is trying to find a way to deal with this.that means for us ,working with tenants such finding ways for them to pay our rent.such as putting rent on credit card,paying half now and half when get stimulas check,adding to follow months rent,or any other way you can think.but the big thing telling tenant they are still on the hook for rent.the only threat you have is when this is over they will be first to be evicted.but should know your tenants from previous dealings with them who will be the ones hard to work with.the big thing on my rant we should as landlords look to form a union with all landlords on bigger pockets and your local apt association to have our voice heard to are goverment officials.if we all get together ,maybe in next stimulas bill ,landlords will be in it.this is not going to be over quick.look to china,factories opening,but laying off people because of no demand for there product.so lets get together ,and use our time wisely,what does bigger pockets have over 100,000 members.lets think together
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9 April 2020 | 7 replies
The cost of everything is up now...materials from China due to tariffs, gas was up (now down a bit), and contractors/subs are all so flush with work that they had the power to charge higher prices.
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7 May 2020 | 30 replies
China is the first example and they are cautiously re-opening their economy.
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1 April 2020 | 34 replies
It came from Reddit, a China-owned socialist cesspool of low thinkers.
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1 April 2020 | 33 replies
We can't make much impact on unemployment rates, government response, or the price of tea in China.
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30 March 2020 | 39 replies
China is currently experiencing mass layoffs even though its economy is open for business.
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2 April 2020 | 18 replies
China PMI came out today (not sure how accurate being china ha) but they are recovering rapidly.