All Forum Posts by: Account Closed

i still see rentals the path to wealth personally i have not seen any set back. and was able to even grow during this time. lucky i got great tenants. i think like others have said it depends on location and how well you vet tenants. 

@Scott Lennon

I have 2 SFR's in Indiana that are doing fine. One is C class and the other I'd call a B-.

@Scott Lennon

I think rentals will always matter but I do think the old saying location, location, location matters so much more now than ever. Most of my portfolio is B & C class properties in B & C areas. This pandemic has disproportionately affected lower income areas and I think it will take a while before these individuals get back on their feet. We are taking advantage of the hot market to sell our properties in C areas and will be looking to only add properties in A & B areas.

Good luck to you and everyone who is struggling. Hope you make it through because the investors that make it through this will have built the scar tissue to make it through anything.

@Scott Lennon

Section 8. Screen well, keep up on your property, and smile on the 1st of the month. Even during turmoil. At least that’s what I’m hearing.

I think location is definitely key going forward and coming out of this period of uncertainty. 

My belief is that as long as the  FED gets to meddle with free markets real estate won't take a hit. Just my 2 cents

Sure feels like something is about to happen.  Millions of renters are not paying their rent and many don’t know what “deferred “ means




Deferred means never have to pay right? :)

I think at the end of the day, each of us will act based on what we believe. It's a good thing to have people do different things, or there wouldn't be opportunities. 

Having say that, I do want to reduce # of properties just so I can sleep better at night. I am wondering if using an online platform like roofstock is better than traditional realtor since they are tenant occupied right now.