22 March 2020 | 18 replies
We can't file for unemployment like the laid off factory worker and "evicting" someone doesn't really solve anything.
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20 March 2020 | 4 replies
I’ve recently joined bigger pockets through a co worker of mine to learn and possibly get into real estate game myself.
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22 March 2020 | 19 replies
78% of American Workers are living paycheck to paycheck (and the 22% who are not are probably not renting).https://www.forbes.com/sites/zackfriedman/2019/01/11/live-paycheck-to-paycheck-government-shutdown/#7977e25c4f10With so many businesses laying people off, and 10 days until the end of the month it's going to get real serious real quick, especially when no evictions are allowed.If you think your renters can afford to "Wrap" the missed month(s) payments into their future payments--78% of them are going to have a tough time keeping that promise and remaining on time and in full with their payments.Section-8 probably won't be hit as hard by this, (it's basically a 2nd parallel US economy) "Cradle to Grave" free government handouts.What are your thoughts on this?
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20 May 2020 | 7 replies
i have a June 1 vacancy and have had a tough time getting people to actually send in an application.
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21 March 2020 | 2 replies
We are preparing for the largest influx of non-performing paper we have seen since 2008.Things will get better but we expect a very tough 6 months ahead.
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20 March 2020 | 5 replies
We are preparing for the largest influx of non-performing paper we have seen since 2008.Things will get better but we expect a very tough 6 months ahead.
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20 March 2020 | 0 replies
Times are tough with the weather and coronavirus.
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3 April 2020 | 8 replies
Hope everyone doing well and hanging there during this tough time.
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6 April 2020 | 3 replies
I own C-Class properties and many of my tenants are seeing increases in hours (hospital worker, truck driver, a few retail workers (Wal-Mart/Target)).