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22 June 2020 | 11 replies
National rent waivers would crash the real estate market...not an attractive path for the government.
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17 April 2020 | 18 replies
@Andy MirzaI just closed a fund and have had several investors bail because they either needed funds elsewhere or were scared.I think people are panicking and do not realize note investors do not wish for a bad economy but their product is produced from it and in bad times it produces the potential for greater opportunity.Cuyahoga county put a 60 day stay on all foreclosure and eviction cases and my guess is the rest of Ohio will as well
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17 March 2020 | 4 replies
Hi,I am interested in connecting with someone whoKnows a realtor/wholesaler they would recommend with experience in short term rentals, recommended areas in Tampa, Fl, specifically near the buccaneers stadium (open to other areas) that would attract tourists/travelers/Airbnb kind of business.
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17 March 2020 | 1 reply
I'm in love with the location of this property and all the nearby attractions.
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21 March 2020 | 8 replies
I get that buying MF etc... is attractive, but when people are looking for safe havens and buying bonds it seems hysterical to me.
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18 March 2020 | 0 replies
Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.
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20 September 2021 | 975 replies
Property is mortgaged and produces very small monthly cashflow - net loss last year after replacing furnace & A/C.Can I apply before tenant misses rent, or do I have to wait until they can't pay?
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1 May 2020 | 16 replies
She had to produce a letter from her employer that she will be back to work in 30 days and that was enough to fund the deal and close yesterday..
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16 April 2020 | 72 replies
Likely because of two things: 1. they're trying to curb demand a little bit as they are still overwhelmed with applications from two weeks ago when rates were crazy low; and 2. people are selling mortgage bonds like hot cakes, so the rates are going up to try to attract purchasers of those bonds.
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14 April 2020 | 160 replies
@Gary L WallmanYou keep the buildings and the loans that comes with it, but I keep everything that the tenants pay forever ; ) yes I recognize that the building is also an asset, but an empty and non performing building is not going to attract a great price, this lowering its value.