7 April 2020 | 16 replies
A couple of interesting listings went off market over time due to this reason.https://therealdeal.com/2020/03/20/coronavirus-cascade-how-covid-19-disruption-could-impact-multifamily-landlords-lenders/
21 March 2020 | 2 replies
In areas that are impacted by snow, you should come up with a snow removal budget.
21 March 2020 | 1 reply
Plenty of unknowns with COVID and what lingering impact it’s going to leave on the economy and RE.
10 April 2020 | 16 replies
It's hard to tell what is happening to the overall money growth at the moment, but we know that private money growth has slowed (for obvious reasons) and public money growth has accelerated.Velocity of money could potentially be impacted the same way that it was in 07-09, when people responded to uncertainty and reduced incomes by pulling back on spending to pay down debt, build up balance sheets, etc.
14 May 2020 | 13 replies
Worst Case could be much more dire, many deaths, greater economic impact, etc.
21 March 2020 | 0 replies
As we’re approaching the second and third week of tenants possibly being impacted by Covid-19 furloughs I’m curious if anyone knows of resources we can share with tenants when they approach asking for forbearance or payment plans.I know KS has put a halt on judicial processes for evictions and whatnot, so I’m curious if they also have setup some sort of funds or programs to help ppl get through a rough month or two?
24 March 2020 | 11 replies
If you look at things, the impact is limited to certain areas.
23 March 2020 | 2 replies
From all our tenants I have received one half hearted request to lower the rent -- from a guy who has not been impacted and has a goverment job.
23 March 2020 | 4 replies
You don't want to bank on appreciation, I would try to force value before the appraisal.
8 April 2020 | 73 replies
With our commercial loans, late mortgage payments can mean reductions in credit available, punishing interest rates, a called loan, a forced sale, or even foreclosure when civil courts are once again functioning.