Become an expert in those areas.  

In that point that is why I'm called here today to further my knowledge in the economic downturn we see before our eyes today.

https://www.prnewswire.com/news-releases/the-silver-tsunami-and-the-coming-boom-of-available-homes-300964339.htmlHeadlines include:Baby Boomers are set to leave their homes at record levels in the coming years, freeing inventory in what has been an increasingly tight market since the economic recovery began- Housing released by aging Boomers will provide a substantial and sustained boost to supply, comparable to new home construction experienced in the 2000s boom-bust cycle.- Within two decades, more than a quarter of currently owner-occupied homes will become available.- In some traditional retirement communities, including in Arizona and Florida, that number could reach nearly two-thirds.

It will Be prudent, from an investing perspective, to see how hard less densely populated areas will be hit by the economic impact of the crisis, if not by the virus itself.The key lessons are to have adequate reserves, use leverage responsibly, look for diversification across areas and types of properties and lastly, have a defensive playbook for when it’s needed. 

Become an expert. 

I know there is always excuses for not doing something, but with the current economic stand still I'm apprehensive about starting by buying a new property right now.

This bill denies equal justice to housing providers by:Forcing landlords to reduce rents by 25% even if a tenant cannot demonstrate a hardship or need.Allowing judges and the court system to set rents and change the rental agreements already in place.Assuming every tenant is facing a hardship related to COVID-19 and must be compensated for this hardship.Protecting nuisance tenants as it does not require tenants to answer an unlawful detainer complaintMandating that rental property owners demonstrate an economic hardship to collect the contracted rent.AB 828 is an unfair attempt to allow the government and the courts to give reduced rent to all tenants even if they have faced no economic hardship, and it provides no safeguards for landlords.As for the taxes, local laws are not state laws and state laws are not feral laws and state to state laws are different.

However, if you feel you need an expert on your side, I would interview several agents before bringing one in the deal.3.

(my team primarily gathered data from NMHC Rent Tracker, and some additional sources) While gathering this data, we wanted to be mindful of not only the COVID rates within the states, but even more so, the economic impact including unemployment rates, impacted GDP industries, and of course rent collections.Here are the top 5 and least 5 collection impacted states, along with their respective applicable COVID-19 and market data:The 5 Lowest Rent Collection States in April 2020:5.

Others are able to pay but say they won’t, to help bring more attention to the cause.The Queens strike is part of a nationwide effort to get tenants to stop paying rent on May 1 as they contend with widespread joblessness and economic hardship.