Please follow all local, state, and federal government guidelines to stay safe and prevent the spread of this virus.

While it can be done, most investors I know pay the tax and penalty and invest outside the government-run plans.

Construction has been labeled  a critical industry by governments in my area.

We are in unprecedented times and their will be unprecedented measures from the government, stay flexible, stay calm, and stick to the data.  

If the government recording office has closed and no Gap Coverage is provided by the title insurer for the Lender, the closings will have to be delayed until the government offices reopen.These are the most notable/common adjustments I have seen in inbox.IF YOU ARE TRYING TO REFINANCE: This is the time to get you Loan Request package in order, dig up all your documents and organize them neatly and appropriately- the last thing you want to happen in a time like this is delay the process even longer because you can't find "leases #5" or your LLC docs are missing and the government buildings are shut down.  

Learn on how to market for deals, build relationships with brokers, contractors, lenders and other investors and begin buying after the impacts of the decisions the government is making can be fully understood and felt. 

Here is the language that I was given by my agent to use in the contract:Notwithstanding any other provisions of this Agreement, the parties agree and acknowledge that in the event either the Buyer, Buyer’s lender, Seller, any of their respective service providers, government agency or any other agency becomes the subject of a voluntary or mandatory COVID-19 virus quarantine or closure prior to or at the time of Closing, or if Buyer or Seller is the party to another transaction that is delayed as a result of a voluntary or mandatory COVID-19 virus quarantine, that results in the parties inability to perform on the Closing Date, the closing may be automatically extended by either party for a period of up to ten (10) business days after such quarantine or closure order is lifted, up to a maximum delay of thirty (30) days unless the parties otherwise mutually agree to extend the performance date further.

How the heck is the government going to bail out all these industries?

I received an email from Washington, DC notifying all DC small business owners that DC will start taking applications for the $25 Million Microgrants fund starting today March 24, 2020.Requirements to apply:1) 2017 & 2018 tax Returns2) 2019 P&L Statement3) Schedule of Liabilities4) Business is located in DC 5) Business License is up to date6) At least 25% of your revenue must be lost due to COVID-19More info:WWW.CORONAVIRUS.DC.GOV/RECOVERYI won't need this resource but posting in case someone in DC does.Luckily all but one of my properties in DC is leased by a Federal government employee and they are all still working.SBA also sent out an email to DC Small Business about their SBA Disaster Relief Loan for COVID-19.

Under my plan (which will be different than just referring to my lease) of waiting to hear from those tenants that need the assistance, you can work with those tenants and be paid in full when the government pays them, or at least perhaps during the life of the current lease.