1 April 2020 | 125 replies
i agree with robert not all landlords are alike.but one thing we all have in common we bought are buildings on tenants paying rent.if does not matter if one unit or 1000.we all counted on that tenant paying rent.so do wantever helps you do it in collecting rent.i have found now will most tenants i will talked to most have their april rents ,and will probably have may rent will stimulas check.so start building up a cash reserve,put all major remodeling on hold.just fix what you must.your job now is to babysit your tenants ,try to get them to realize them stimulas check has to last along with those unemployment checks.i know none of you have signed up for this,but you have to adapt,or you will be one of the landlords that will go out of business.i seen many in 2008 ,that will stubborn in their ways and it hurt them.i was one for a liitle while then too.but you will learn without threat of eviction certain tenants our going to think they do not have to pay.your best chance is tell them work with you now to evoid eviction later.some will work out,and some not.but that is just like when you pick a tenant,you really do not know to 3 months later,if you got lucky and picked a great tenant.
19 October 2020 | 153 replies
They're learning to adapt to changing, even unpredictable conditions.Finance and especially marketing would be some great classes to take.
3 October 2021 | 37 replies
This market forced me to learn very quickly and adapt fast to not lose my deal.
29 November 2016 | 2 replies
I will start reading all the recommended blog posts.What I find hard is adapting everything to Argentina's system and starting out with just $2000 dollars.
19 April 2020 | 25 replies
Of course has to go through correction process JUST LIKE multifamily and other asset classes will have to adapt to change.
13 June 2020 | 184 replies
One just has to adapt to the changing environment and change their strategies.
28 October 2021 | 163 replies
We all to adapt to the conditions and think outside the box for sure in times like these, but many times history repeats itself in the real estate cycle.
23 April 2024 | 21 replies
You would need to use an adapter.
19 September 2024 | 44 replies
I particularly resonate with the idea of 'always be analyzing'—so crucial to stay flexible and adapt to changing markets.Your point on opportunity cost is gold.