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28 March 2020 | 37 replies
I am a loner introvert so social distancing etc is not really changing my life..... now, people dont look at me oddly when i step back or want my own space :) RE wise, with “perfect” timing I am closing on the sale on one asset and buying two others.... going from free and clear to 60% leveraged..... its nerve wracking, but I am excited to be playing with the big boys and expanding my portfolio - learning a ton and grateful I have the opportunity to be where I am in life....
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24 March 2020 | 5 replies
Obviously credit is going to still play an important role.
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22 March 2020 | 16 replies
Not saying you'd want to go that route of course, but playing catch up on your mortgages is better than panic selling.
7 April 2020 | 16 replies
Not sure how those two market forces might play out.
22 March 2020 | 12 replies
Certain kinds of tenants are always looking for weird power plays.
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5 April 2020 | 13 replies
For that reason for larger purchases, like 20+ units, I will wait another month or two to see how things play out.
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4 May 2020 | 15 replies
I think we will have access to many more deals, but they may have to be long plays to close later.
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23 March 2020 | 10 replies
It sounds like you obtain an attorney just in case the tenant wants to sue you for something, if you have an attorney already you are not playing catch up at that point.
23 March 2020 | 10 replies
I also have some STRs along the coast, and when you compare the cash flow from a long term rental versus a short term rental, you'll see that the STR play will increase your cash flow 2-3x.