You need to stay ahead of market declines and lead the market down.

You need to swallow the bullet to leverage or just straight up pay cash..Hope you already exchange your CAD to USD because it spiked bigtime in March

We are also recommending our landlords who have vacant properties decease their marketed rental rates to get ahead of the down trending curve which worked as we leased about 25% of our active rentals.Talking with the wholesalers, most of the big guys in Colorado Springs are going liquid and ready to buy up deals.

They put their wants of today ahead of proper responsible actions. 

I do have a rather open-ended but feasible plan for the next 13 years that will bring my family and I to the ultimate goal of financial freedom through straight buy and hold investing.

Then, you creatively find a way to Approach and ask to Buy the House from the Owner (we’ll cover this in a future post)· AuctionsPretty straight forward, Auction Houses place “Distressed Properties” up for bid.

Glad you have the insurance matters figured out though.Looking ahead, I would say that there is inherently so much more risk involved when you build rather than buy existing assets. 

If I want to get all of my costs back within 4 years (or less), I can say what % return "I got", but since percentages lie, if I said ahead of time that I needed to get an average return of that same number, I couldn't give you a specific %return I needed to do...since over a 4 year period, I can go through a number of different combinations if annual % returns...and get a different answer in dollars at the end.If 3 investors started with the same dollar amount (say $100k) and they had different annual % returns for the next 5 years, they would all end up with a different dollar amount at the end...even if the net percentage was the same for all three.Investor A:  +10%,+10%,+10%,+10%,+10%Investor B: +30%,-10%,+40%,-20%,+10%Investor C: +80%,-60%,+70%,-50%,+10%All three started with the same $100k.  

Everyone else has this pretty straight. 

Plenty of unknowns with COVID and what lingering impact it’s going to leave on the economy and RE. Expectations are to see massive job losses, business closures, layoffs etc. Are you all prepared for this? What are y...