With the economic climate and rent forgiveness potentially being extended, we don't want to put ourselves into a bad situation with purchasing the 2nd rental.

What do you see as current opportunities and threats in regards to today's economic climate and RE investing? 

Patience paid off handsomely, not just economically but in experience and how to proceed now.       

Property looks really good but the utility bill is high (which makes the economics a challenge) - primarily water/sewage which is ~$600/month.

WashPo did an interesting piece on Virginia emerging as the big job leader in the region: https://www.washingtonpost.com/local/maryland-news/northern-virginias-economic-growth-risks-leaving-maryland-suburbs-behind/2020/01/04/9c6e7126-1cf5-11ea-b4c1-fd0d91b60d9e_story.htmlThe last couple good lots that I’ve seen in McLean (inside the beltway) have sold before they hit the market or in a day.

Credit standards tightened in recent months due to increasing economic uncertainty and monetary policy tightening.

Texas added more jobs in June than any other state and Austin recorded the lowest unemployment rate among all Texas metro areas at an unadjusted 3.1%“Texas leads the nation once again, creating more jobs and unmatched economic opportunities for Texans in a variety of critical industries,” Gov.

With the current economic climate showing signs of a recession and rates rising, all of us are wanting to see that our borrowers are prepared if a downturn does come.

Dear BP members,In these tough economic times I would like to get your opinions.

\Q3: I have 3 degrees, 2 in economics and any degree will not hurt you, but most of real estate is about sales and pipeline growth.