Congress deal reached - $900B. $25B for rental assistance

Congress deal reached - $900B. $25B for rental assistance

Rental Property Investor · Atlanta, GA · Member since 2017 · 221 posts · 188 votes

Does this relief mean 2021 will continue the RE bull run? What are your thoughts and strategies for 2021 as a landlord and RE investor?

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Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
5y

Keep buying for cash flow. Don't underwrite rent bumps for the first year. Go in well capitalized. Same plan as always, just a different set of circumstances.

Janet Yellen is going to be the Treasury Secretary, and we know from her time at the Fed her stance on whether the money should keep flowing. The Fed is targeting even higher levels of inflation than we've seen in the past. I expect cash to continue to lose value rapidly, although I doubt a sky is falling hyperinflation scenario.

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  • Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
    5y

    Keep buying for cash flow. Don't underwrite rent bumps for the first year. Go in well capitalized. Same plan as always, just a different set of circumstances.

    Janet Yellen is going to be the Treasury Secretary, and we know from her time at the Fed her stance on whether the money should keep flowing. The Fed is targeting even higher levels of inflation than we've seen in the past. I expect cash to continue to lose value rapidly, although I doubt a sky is falling hyperinflation scenario.

  • Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
    5y

    What are your thoughts and strategies for 2021 as a landlord and RE investor?

    It won't be enough to get apt operators whole again.  Besides, they give it to govt, they'll skim off half to feed the pub emp retirement funds before it gets to landlords.

  • Investor · Columbus, MT · Member since 2013 · 1k+ posts · 1k+ votes
    5y

    @Chuks Erinne

    I'm hoping so! I close on a quick flip right after the holidays. So I guess I'm betting that things will not collapse between now and when I sell it.

  • Rental Property Investor · Atlanta, GA · Member since 2017 · 221 posts · 188 votes
    5y

    @Joshua D. Congratulations! I believe all indicators are looking good for you on that flip. Good luck!

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