If the property is totally unusable for residential purposes because of a natural disaster such as an extended freeze, a landlord that allows a tenant to move to another rental unit owned by the landlord may not require the tenant to execute a lease for a term longer than the term remaining on the tenant’s lease on the date the premises was rendered unusable.

So the question is, do you rip the band aid off now or later after you have foot the bill for the below market rents for an extended period of time?

We call this stagflation when this occurs.Now, when we extend out over a long enough period of time, typically incomes will catch up, they just dont necessarily move in lock step at the same time. 

Im looking at having a newer condo for more of a hands off approach so i have no need for a property manager for the normal duration of my ownership.

A brief lapse in extended federal unemployment benefits and fresh layoffs at restaurants and other businesses toward the end of 2020 added more financial stress on working Americans.

This is where we secure the property at todays value with an extended close and the right to purchase at any time within (1-2 years typically).

Looks as though the IRS is providing relief to individual and business taxpayers in Texas by extending the federal tax deadline to June 15. 

I like real estate notes and/or note funds that provide short duration loans with a first lien security and pay a 6%-10% current dividend. 

With the economic climate and rent forgiveness potentially being extended, we don't want to put ourselves into a bad situation with purchasing the 2nd rental.

Only real negative for me is depending on your current rate you might just make your primary house payment bigger, and extend your payoff.