We have one of the lowest mortgage default rates in the country.Redfin also says that as the pandemic slows down more people will choose to live in cities where rent is more common.

“Vaccination of everyone in our community is the only way we are going to get through this pandemic and back to a sense of normalcy,” said Riaz Mamdani, founder and CEO of Strategic Group, in an October 28 press release.

The nation is shaking off the effects of the pandemic, bracing itself for the surge in forbearance exits, and the foreclosure moratoria began to expire.

and the pandemic made it much much worse. 

One unlikely example is, in my city a client of mine had 9 STRs, and they all did fairly well, but during the pandemic, traveling nurses began looking for 3-month furnished corporate rentals and she converted all of them to corporate rentals and took them off of AirBnb and VRBO and is making almost twice as much as she was, and has very low vacancy. 

My thoughts on the JT right now is this…The air bnb boom started when the pandemic had travel restrictions at its peak.

These can be significant (3-4 months backlog on items that keep changing) which in turn impact your occupancy, rent projections, NOI, etc.Just my $0.02 after having rehabbed about 500 units during a pandemic.

Haven't been to one since pre-pandemic. 

With traveling and contract nurses (particularly since the start of the pandemic) these properties have seen steady occupancy and a good tenant base. 

Ten years ago, going through infection control classes with my wife, I became certain that carpet would be as GONE in this country as it is in Europe after a pandemic of any size.