We truly believe that this is about as recession resistant of an industry one can be in.

I did not get an email from themthere was a post by another member about the genesis of todays HML industry and how institutional capital came in and filled a huge void after about 2011 you know also the crowd funders like patch  and realtyshares etc its a double edge sword when your hedgefund says no more. 

I hate to say this in this forum and keep it to RE and never mention politics but see the trend that is before us, unfortunately, this pandemic has given the (D)'s a perfect opportunity to push their agenda to transform the country. 

In the commercial/industrial world there is a clause, namely "Force Majeure" which legally allows a tenant and landlord to breach contractual obligations.

But if this lock down prolongs, it might have huge impact to the Houston Job market which might have big shift in the real estate industry for atleast 2-3 years.

Some of my tenants work in hospitality industry, so I know they are going through a tough time. 

-Soak up knowledge like a sponge through podcasts, these forums, books-Learn how to analyze property (or partner with someone who can)-Make sure your personal finances are cleaned up and you have some cash for investing and for emergencies-Pick a market-Build a team-Take ACTION and put in offers-Constantly network with other investors and people in the industry-Learn from all the mistakes you'll make (you WILL make a ton)It's not easy, but with focus and putting in the work, anyone can do it.Best of luck.

Also I recommend these resources:https://www.naahq.org/ National Apartment AssociationThey have forms for fontacting representatives to help the housing industry.

Good evening...Since, about 1994 I've been in the asset management industry.

This week and next should provide a lot of updates in the non conventional lending industry's decisions on changes to pricing/guidelines despite the fact we will likely be held back by the limitations of third parties like appraisers/notaries/title for quite a while.