Conservative underwriting and excess capital reserves puts us in a comfortable position to execute the business plan despite the current situation. 

He even agrees with what I'm saying but he always downplays it claiming he's comfortable with where he's at and doesn't care to make anymore money.

In your opinion, for marketing: do you think a wholesaling website that portrays a message of urgency and “sell fast” and looks like every other wholesaling website, but has nothing to build a trust factor will work better than a website focused on client relations & reputation (having multiple social media accounts to grow trust factor) but doesn’t have the typical cliche content you normally see on a “we buy houses” website.I am trying to be different, and build a brand that people feel comfortable working with, but after seeing some other websites am wondering if it doesn’t have the same likelihood of people “taking action” to submit their information.I plan to start a direct mail marketing campaign soon and will reassess after, but I was curious to know if the website even matters.Any feedback is appreciated, thanks!

I haven't rented a unit without meeting the tenants but we all may need to start getting comfortable with this. 

Purchasing a new rental seems even more risky in this environment.

I'm not saying we won't see a dip in occupancy and rates; however, it's comforting knowing that 80% of my guests are East Coasters already.

Not to mention any tax benefits the seller might enjoy from an installment sale...Those of us who understand how to transact in this chaotic environment are lacing up our running shoes!

It will be even more difficult and stringent requirements moving forward to to the environment right now. 

You’ll have to look in the mirror and decide if you want to grow further and/or what risks you’re comfortable taking.

Hi @Jim Cousino and @Greg Scott, I'm also thinking about optimizing my financing strategy for the current environment, and wanted to ask a clarifying question here: when you say "put the $90k into your HELOC to pay it down", do you mean that you have already taken a draw from the HELOC and want to pay it back?