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30 March 2020 | 0 replies
The general economic uncertainty has presented its challenges.
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8 April 2020 | 13 replies
You always need to weigh the economical strength of the tenant versus the tenant specific improvements/build-out that you're considering spending cash on.
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2 April 2020 | 6 replies
@Zee D. this was just announced yesterday in IllinoisIllinois DCEO Says Open Houses are Not Allowed Today, the Illinois Dept of Commerce and Economic Opportunity (DCEO) has added language pertaining to real estate as an essential service to the official DCEO guidance on Essential Businesses and Operations FAQs.
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3 April 2020 | 5 replies
I'm not an expert in markets in the south, but I would imagine your expense ratios would be pretty low.
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20 April 2020 | 53 replies
The overwhelming majority of my tenants wouldn't participate in anything like this out of principle, which really doesn't change regardless of current economics.
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2 April 2020 | 11 replies
But of course this is a potential upside of real estate vs other investmentsRe. mortgages, I agree about interest rates but I worry about other conditions changing such as down-payment or loan-to-income requirements as lenders brace for tricky economic times over the next few months.We’re not so worried about prices going down, it’s hard to predict and if they do, great, we’ll buy another place!
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5 April 2020 | 3 replies
Obviously I'm not a lawyer or law enforcement expert, but I think that this gives us cover to travel to collect rent payments, perform property maintenance, show our rentals to perspective tenants, etc.
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9 April 2020 | 5 replies
After you have your neighborhoods narrowed down on the crime/economical level, you need to start with the going rental rates.
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1 April 2020 | 15 replies
We chose to not reach out to our tenants ahead of time to ask or offer economic relief.
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31 March 2020 | 1 reply
Most importantly, how would one prepare for such an economic shift if this was to be our 2020 outcome?