I’m beginning to get messages from tenants who are in the service industry that have been laid off due to corona virus and can’t pay rent. Any suggestions on how to address this issue.
Anyone had any luck to go after business interruption insurance for the loss of rents due to Coronavirus shutdowns?
Investment Info:
Single-family residence buy & hold investment in Arvada.
Purchase price: $530,000
Cash invested: $32,000
Rent by room investment. Fully rented rental income $4250. Mortgage and e...
Hi all,I recently sent a letter to our tenants based on advice from this forum. I spent a few hours curating a list of resources for tenants to leverage in times of financial distress with a focus on the current COVID...
Hey everyone!My name is Chris Hydrick. I'm a transactional attorney in Houston, TX. Occasionally, I get to work on some CRE deals, but spend the majority of my time in the corporate space. I spent the last 5 years liv...
Thought Experiment:1. AirBnB was founded in 2008 around the height of the Great Recession. In the past 12 years, the travel and leisure sectors of the economy have exploded. There have been various dips in the economy...
Where's the BP Pandemic life value spreadsheet that feeds into the rental property calculator? :(Doing these kinds of calculations just feels depressing.$200k Ford Pinto Value of a human life 1972 (1)$10M EPA Value of...
Hello, BP! I know mortgage rates dropped and came back up yesterday and today. I'm in the middle of purchasing a 4plex....Rates are 3.5% or 3.2% with $1700 buy down on FHA. I'm thinking of letting it float as rates ma...
Hi everyone. I live in San Diego with a rent moratorium in place and here is what I would do. Please feel free to share with me your thoughts on this approach.
If reached out by a tenant, I would submit them a lett...
I have heard the podcast, and read some great articles from @Joe Asamoah about section 8 housing. I am wondering whether anyone has any experience if there has been an impact to the section 8 voucher program as a res...