Listening to the real estate radio guys podcast yesterday they brought up a great point I felt relevant to share:-How you treat people and handle situations in a time of crisis is invaluable for building trust, relationships, and loyalty which will come back to you in spades in the future. 

Listening to the real estate radio guys podcast yesterday they brought up a great point I felt relevant to share:-How you treat people and handle situations in a time of crisis is invaluable for building trust, relationships, and loyalty which will come back to you in spades in the future.

They're talking about perhaps 20% unemployment and the GDP drops 30 to 50% effectively take us into a short-term Great Depression. the travel industry said this is worse than the 2008 financial crisis + 911 combined.

If I were you I would wait this crisis out and see where prices are at this fall before making any big moves.

Servicers maintain liquid reserves to cover these advances for loans backed by Fannie Mae, Freddie Mac, or Ginnie Mae MBS, which make up the majority of the mortgage market.But servicers cannot survive if they have to make payments on behalf of borrowers for a prolonged period, depending on how long the COVID-19 crisis lasts.

In fact, I SUPPORT the moratorium on evictions--I would never evict somebody during a time of crisis. 

My goal is to not just survived the current crisis, but to grow from it.What general market signs are people considering when they think it's time to jump back in?

Tenants are going to exploit this an not pay far more than landlords would have evicted during this crisis 

With this crisis, we believe owners should hold until things get a little better.

I am deeply concerned about Bill #S8125 that suspends/waives rent payments for those tenants who have lost their jobs because of the current COVID-19 crisis.