I’m grateful my property wasn’t damaged by the earthquake we just had.I’m grateful my family and friends are all healthy, mostly happy, and still gainfully employed.I’m grateful that I have a well paying job that won’t be affected by the pandemic.

@Kurtis Delahooke@Calvin T.How much would you consider to be enough if I were to chose the BRRRR investing strategy and at what point do I repeat the process with another home

It took us a little longer to raise capital as the virus started to affect things but we got there with reserves.

This gives investors added protection should the virus affect their health or financial situation during the term of the contract.That being said, the best course of action right now is to gather the information you need.

Try to negotiate on the price and make it a concern to them that this virus might have an affect on the market price after April and could last months to a year with a downturn in the market. 

Joe (both in the Florida pan handle) as they are not far from Atlanta as your repeat client base. 

First thing I would do is contact your lender and get answers from them on how they prepare to deal with property owners with tenants who are defaulting in mass scale because of the Coronavirus.As you may know, the AZ Governor signed an executive order delaying evictions for tenants affected by the Coronavirus.

People still want to buy. 92% of new listings last week went under contract, bidding wars still common here.I think the area that is going to be affected is the Fix and flip   wholesale  Non owner occ stuff.. fix and flip only because HML are really tightening up.. so with less liquidity prices might come down..

This was in California and our first Covid19 affected deal.It will be difficult to go this route if the EMD was paid directly to the Wholesaler. 

Helping people who are affected by this chaos, get back up on their feet or help them move forward in life, while supporting everyone else by keeping money flowing in the economy.