Well, they accepted the offer that I put in last night. Had been listed in the mid-50s. A couple of days ago they lowered it to 44. I put in an offer last night at 28, 200. This would result in a net to HUD of ...
Obviously only the stock market is currently being effected with the coronavirus, but lets assume in the near future the real estate market starts to feel the impact or we experience another 2008. I'm curious to hear ...
It seems like this crises might be over soon, but that doesn't mean anything will return to normal. In fact there are major changes ahead and the chances of a massive Depression are extremely high. In this post I will...
I have talked about markets correcting for quite some time (actually began posting more in anticipation of a my fears of us spiraling into a depression like crisis). Here and here are two of the previous forum posts w...
Let's say the owner of a multifamily, owner-occupied building is immuno-compromised. When listing for new tenants, would it be legitimate -- and would it be wise -- to require proof of full COVID vaccination? Would it...
Ladies and Gentlemen, Let me be the first to honestly say, I think we are all screwed🤷🏽‍♂️ . Yes, Most of us in California did recover Most of April rent. May is going to be questionable. And June well... Let’s just s...
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
Good Morning BPRecently, I halted my first multi property investment in fear of the uncertainty brought on by the virus. Although, it was a tough decision, I feel there will be a better opportunity to come. I’m not su...
They are now giving “extenuating circumstances for Covid-19” much like if a guest calls and says their brother died and they let them out if the cancelation policy. I would expect the April 14 cancelation policy to ge...
CoVid will have a huge impact on the economy. Federal rate cuts and job losses are already being felt.I expect this to have a domino effect on the real estate market within a few months. With foreclosures expected to ...