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5 September 2023 | 14 replies
During the pandemic, however, investors took out more shorter-term, floating-rate loans.Many of these investors raised rents aggressively, betting that they could sell the buildings or refinance their debt at much higher valuations once their buildings generated higher rental income.But few anticipated that interest rates could rise so quickly, pushing down building values and forcing landlords to refinance at much higher rates.
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12 February 2024 | 25 replies
I want to yell at him that if he's going to offer to buy my property, at least have post-pandemic photos.
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30 July 2021 | 11 replies
Look at the facts:- People have not had housing expenses for a year- Even those out of work had considerable government aid during that time- Employers are begging people to come back to work at higher wages today- Those who need to resume payments don't need to repay the unpaid money until they sell- Some people can get their debt paid and others can get their payment reduced by 25%- Loan terms can be extended to 40 years to reduce payments- Over a hundred billion is being passed out to pay landlords who were shorted rent- In most cases the house is worth far more than before the pandemic, so you have an asset worth more moneyI just don't see how this ends badly in the short term.
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28 March 2023 | 48 replies
"They exhausted all the funds that were allocated during the pandemic."
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16 May 2023 | 23 replies
And you have to consider 'pandemic emergencies" real or imagined that might affect your occupancy rate.Yes, it's a good time . . . for the right locations, the right properties, the right management
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17 April 2023 | 17 replies
The war in Ukraine, supply ripples from the COVID Pandemic, and years of quantitative easing sent materials, labor, and just about everything else into volatile upward price swings.
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23 May 2023 | 34 replies
The company borrowed nearly $230 million to purchase four separate apartment complexes with more than 3,200 units during the pandemic.
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15 April 2023 | 19 replies
For right now she said she recommended that I don't sell it since this area (San Francisco) is not getting high demand or it's more difficult to find renters now - people are leaving the city as a product of the pandemic, remote work and other reasons.
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14 June 2023 | 23 replies
It's not rare for an owner to be sued and post pandemic it is just getting worse.
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13 July 2023 | 35 replies
During the pandemic many landlords in WA State were prevented from evicting problematic tenants from our properties.