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26 April 2020 | 65 replies
If this was an economic crisis instead of a health pandemic, I think we'd see more cancellations in leisure/rural areas as discretionary spending would be the first to be cut.
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24 March 2020 | 4 replies
The other is a 7 bed/4 bath house that will be rented to a non-profit that works with homeless people, specifically women in crisis.
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13 March 2020 | 1 reply
We are entering the crisis.
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13 March 2020 | 3 replies
Thus far I am considering displaying the additional tax base that will come from that verse a SFH, additional power used from a duplex (ie city gets a portion of all electrical bills in city), additional water and sewer revenues, and the big one that it helps the affordable housing crisis.
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1 April 2020 | 2 replies
I requested a Redemption of my funds from fundrise back in January and they won't release them.Here is what they said:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid.
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14 March 2020 | 4 replies
Now, in a SFR this would be a crisis, but luckily, the other units had residual heat to that unit.
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2 April 2020 | 1 reply
And, the temporary GA eviction ban will eventually run its course and landlords will be once again be able to enforce rent payment by their tenants.Plus, given the scarcity of affordable rental houses there even before the COVID-19 Crisis, and the continued strong demand for housing in Atlanta, I anticipate rents to remain stable, if not increase, in the Region.Valuations, on the other hand, are likely going to take a hit.
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30 November 2020 | 435 replies
This is not a financial crisis, it is a spending and confidence crisis.
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17 March 2020 | 45 replies
Not everyone had the benefit of buying properties after the financial crisis.
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18 March 2020 | 35 replies
When I see people posting that they are not willing to work with good tenants in a crisis that just tells me they are lacking in both areas.