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7 March 2020 | 13 replies
Flights from the east coast are literally 75 dollars round trip right now.
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26 March 2020 | 53 replies
They're still growing rapidly. you can just cancel your flight?
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10 March 2020 | 34 replies
OR if you are open to out of state investing, does that mean you’d personally be catching flights for all of the properties that you’d be interested in or would you have a “boots on ground” personnel conduct that for you and save you the resources (time/money)?
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23 March 2020 | 14 replies
my non educated guess is we will see some panic.. some investors decide to just hold their cards tight right now.I think landlords may experience some tenants that cant work becasue their jobs are affected not necessarily they are infected .. but they lose hours at vocations that are at risk/ Like cruise industry, airlines Hotels convention services those types of things.. and i guess really restaurants.. as the stock market retreats I think that will create some amount of flight to real estate for more stable investments even if its just parking money for low returns.
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17 March 2020 | 20 replies
Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.
3 June 2020 | 2 replies
The flight from Baltimore increased after the 1968 riots
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10 June 2020 | 6 replies
Maybe a short direct flight away or a couple hours drive.
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11 June 2020 | 2 replies
It’s when we feel trapped that fight or flight kicks in.
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28 April 2020 | 8 replies
I haven't heard @Jason Hartman speak on it, but I would agree with the urban flight belief.
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2 December 2020 | 12 replies
With the flights, travel time and more family geared vacations, 30 days out is more like 10 days out in urban centers.