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Results (10,000+)
Anthony Fecarotta Should I back out of deal? (COVID-19)
22 March 2020 | 12 replies
etc.I think when people are saying that the real estate market is not affected by the virus they are meaning that downward pressure on prices and rents tend to lag behind the general market economy and so number changes would take some time to show up but you rightly point out that the buying and selling behaviour has been impacted by the social restrictions and this is very new so I agree that there is an impact albeit temporary.To respond directly to your concerns about extending - I wrote an offer yesterday and we included a hot off the press COVID-19 Addendum to the contract to mitigate the buyer's exposure if delays resulting from the disruptions caused deadlines to be missed - the traditional Purchase Contract in FL at least has a Force Majeure contingency in it but COVID-19 is not considered a Force Majeure event so you may need to consult with your agent/Attorney about how to get an extension.
Account Closed First Deal - OOS MF?
8 April 2020 | 8 replies
If these stimulus packages get approved, I would think about the inflation that will occur over the coming years and what that will do to real estate prices.
Keivan Darius Corona virus pandemic Tenants Losing Jobs
6 April 2020 | 3 replies
In the event any of my tenants were let go, I would do my best to help them find jobs as even in my main market, which is somewhat depressed, I know people who are always hiring good workers.
Aaron J. New Investor Introduction
1 April 2020 | 3 replies
It has been a nightmare, simply put.I was in the same situation you find yourself in a couple of years ago, where I had a pretty good full-time job, but wanted to have backup income, or if you will, a plan B in the event that work just didn't work out. what I did was saved up some capital, and got into a multifamily house hack and lived rent free for sometime until I was ready to make another purchase.
Natalie Cloutier Coronavirus: email to send to your tenants
14 April 2020 | 160 replies
This is  a pandemic - the type of event that brings out the best in humanity - if one is human to begin with:) Alexandra, Real Estate agent, artist, republican and hard working tenant.
Andrea Gillis Tenant Screening Red Flag? Asking for advice and opinions
23 March 2020 | 11 replies
It could be the timing and current events - our city has community spread, so everyone is probably using social distancing right now.
Patrick Menefee Forget Covid-19...what success are you having???
28 March 2020 | 37 replies
The trending topics are flooded with concerns based on current events, and understandably so.
Coral Hernandez How Do I Find Deals ; Where to Look for Deals How to Find Deals
9 November 2020 | 3 replies
This can occur, usually through a family member or friend that is or knows someone that is getting ready to sell and you can get it at below market price· Direct Mailing & Marketing (social media, SEO, Google Ads)Another way to obtain Deals Off Market or Below Market Value· Driving for DollarsA technique where you drive around in neighborhoods that you are looking to invest in, and you look for Distressed and/or Value-Add properties.
John Morgan Will all banks halt loans?
22 March 2020 | 16 replies
It is my understanding that the borrower gets a risk rating and each loan gets a risk rating and certain events can cause you or the loan be moved into a more or less riskier category and that that could impact how your loan is viewed and treated by the bank.When I asked questions, I kind of got the impression that the risk evaluation and underwriting criteria were confidential and not generally disclosed.
Luke Carl Never Break Your Policies!
23 March 2020 | 29 replies
Its hard to weed them out but the communication can often give you enough to base a gut-feeling on.Instant Book is supposed to rank higher but I am not sure anyone can verify that.Based on recent events, you want to think long and hard about AirBNB.