Because of the effect the pandemic has had on local business, products and strategies will need to change to be updated to ensure their survival in any environment.When you look at real estate you see how many different professions and vocations are negatively affected.

I think it is probably smart as it ensures there is money there if someone books 6 months in advance and then cancels 2 months out. 

Lastly, how can I ensure the financials are accurate?

I'm adding a 60-day conventional financing contingency to help ensure that we have plenty of time to do our due diligence and I have a safe cushion in reserves in case the tenants fall on hard times.

What steps can I take to ensure I make the right decision.

Tenants should not be absolved from taking action to ensure their biological needs are met; they should be doing everything they can to ensure they have food and shelter.

Hello all, I was hoping to get a little advice on the most efficient way to go about getting pre qualified for an FHA loan.

Even if your tenant loses their job, the stimulus will ensure they get most - if not all - of their income back through unemployment and stimulus checks.Although late rent will be much more common, there's no reason why tenants shouldn't be able to pay their rent eventually and catch back up.

-The government should be subsidizing the rent if they are going to deny it to people, and ensuring that people who are receiving unemployment benefits use them responsibly.

So I'm trying to decide whether it's more efficient to invest in a traditional IRA or Roth IRA.