It occurred to me recently realized that real estate investing was a inkling of an idea that has always been a persistent throughout in my life and I've really been wanting to finally make a more concrete move into investing in real estate. 

It occurred to me recently realized that real estate investing was a inkling of an idea that has always been a persistent throughout in my life and I've really been wanting to finally make a more concrete move into investing in real estate. 

The tenant wants to turn the property into an event space, beer garden, and food hall business.My concern/question is, with all this corona virus, do you think the prices of commercial real estate will go down significantly?

You renovate and create a nicer monthly rental property or operate as extended stay / STR for business travelers.As for the dining hall and restaurant you can convert to amenities like a gym, common area, event space, co-working space etc.You do not want to use hard money for something like this as it would be very punitive and expensive.

As has been discussed in other threads, in the event of true loss of job, no unemployment, no gov't bailout, no savings or liquidity, no other sources of income, a very small minority of tenants will truly be unable to pay rent.

Therefore, even if the seller has the ability toforeclose in the event of a default by the buyer, the asset might not be worth as much as it wasat the time of the original sale, and the buyer may have even contributed to its decline in value.

This is not a wealth building event.

- Check out the Events tab at the top to find local meet ups around you. - Find an investor friendly Realtor in your market.

What I got from that is 1) A tenant can go without paying rent during the "Emergency Period"2) Los Angeles will announce when the emergency period ends, and the 12 month clock will start at that point.3) The landlord cannot take any action against a tenant until after the 12 month period, should they not make up the unpaid rent that occurred during the defined emergency period.Now I get what you are saying, If this emergency period goes for 3 months, lets say until June, At month 4 (July), the tenant begins paying rent in July for the month of July, then the tenant has up to 12 months to repay the missed 3 months of rent (Apr.

Pretty cheap if you consider the hassles that occur after the auction is closed."