17 March 2020 | 3 replies
Unfortunately with the increased exposure we'll have to start paying hazard pay to ensure workers show up and maybe start dispatching service techs from home to keep them away from other workers.
18 March 2020 | 2 replies
I thought these were good points:Why Short-Term Rentals are More Immune to the Impacts of the VirusIn order to provide some context to the data, here are some crucial ways in which short-term rentals are more resistant to the impacts of the Coronavirus than hotels, cruises, and airlines:Vacation rentals are often in more remote locations with less direct exposure to other travelersVacation rental guests often visit destinations within driving distance which allows them to bypass the potential risks of airline travelThe article did say (and I agree) that more urban STR's will be more impacted.
17 March 2020 | 4 replies
I took @Dave Meyer's awesome data and played around with it a bit.
18 March 2020 | 7 replies
Without rent, we can not make the payments that we need to on our end to ensure that we are able to continue to provide a home for our tenants to live in.
18 March 2020 | 13 replies
We also ensure our investments can handle 25% vacancy rates...
18 March 2020 | 4 replies
We still wanted to keep the finances separate to ensure we don’t mix with our personal finances.
17 March 2020 | 3 replies
From my perspective, ensuring you have adequate cash reserves and evaluating refi options at this time can help prepare for this unknown but I am anxious to hear from others.
6 April 2020 | 13 replies
This is accomplished by gathering, validating and analyzing data in the following 3 areas:FinancialPhysicalLocaleEach due diligence process is different based on the unique elements of the deal and features of the property.
19 March 2020 | 41 replies
The transmission and death rate is predictable, based on data from other countries.
22 March 2020 | 4 replies
Even if he DID know that it was only an 11 month lease, SCRA is in place to ensure that military can still find housing.