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24 April 2020 | 125 replies
And as a result, I am absolutely prepared for Corona although my portfolio consists of more high end rentals who aren't going to stop paying or be affected (in the short term... we'll all take a hit from one source or the other over the next 18 months)
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31 March 2020 | 2 replies
I spent a few hours curating a list of resources for tenants to leverage in times of financial distress with a focus on the current COVID-19 crisis and wanted to share the results so others can utilize when crafting their landlord-tenant communications.
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30 March 2020 | 2 replies
I sent a colleague request I’m assuming we can communicate after you if/after you accept?
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29 November 2020 | 6 replies
I have an investor for this purchase, but I just wanted to chk in with you as its been eight months since we last communicated.
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2 April 2020 | 11 replies
You will have less problems with vacancy, military families move at all times of the year, and your active duty tenants will have a consistent paycheck.
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30 March 2020 | 3 replies
Deal finding is all about networking and consistency.
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30 March 2020 | 3 replies
They don't really explain what a rent strike would consist of but I understand it to mean if their demands are not met people will just refuse to pay rent.
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2 April 2020 | 7 replies
The challenge is that we don't have enough data yet to really look at the numbers and make any meaningful predictions or summations of the effect so far.There will likely be an increase in supply for the coming months in the Phoenix market, as the Covid crisis will undoubtedly push some homeowners in foreclosure, force some AirBnb investors to sell off some properties, and kick the iBuyers out of the market for now and force sellers to sell via traditional means if needed.It may be reasonable to expect a short-term recession (and I mean super short term, as everyone is hoping this will be over in 60-90 days), but it's not reasonable to expect a massive depreciation of home values or another foreclosure crisis like in 2008.Home prices in the Phoenix market have risen consistently since 2013 (like most of the country), but not outside the affordability range of average home buyer with a median home price of $265k or so.If the majority of average buyers can weather the storm with government aid and such, then we should be ok and bounce back fairly quickly once the pandemic subsides.
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4 September 2021 | 8 replies
For an investor, having a project manager/contractor who (1) understands their business goals, (2) can do great, on time, and inexpensive work, (3) can communicate with the city for permits, (4) have a network of reputable roofers, HVAC, electricians, plumbers ... this is an invaluable relationship for an investor, particularly those investing in properties that will need reno work done (flips, or BRRRR deals, etc.).
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4 May 2020 | 49 replies
No money or communication.