18 March 2020 | 0 replies
Scott Gottlieb, former head of the FDA, to companies in the NYSE.US will soon have massive testing capacityConfirmed cases will grow exponentially now that testing is finally getting rolled outDon't be surprised to see 1000 confirmed cases in a dayBy the end of April to early May, it will start to plateau (depending on containment behaviors that we are currently living)Schools will be closed for this school yearThe summer heat in the northern hemisphere will help to contain the spread, although it will continue to existEvery reason to believe that the southern hemisphere will experience rapid spread as the weather cools (expect continued travel restrictions)The risk posture will improve in the Fall with the following:Point of care diagnostic (local swab testing everywhere - will allow early detection)Therapeutic antiviral drugs will be available (not a vaccine)Monthly injections of an antibody will be available (not sure what this is), particularly for medical workers and members of nursing homesThe testing capabilities that are getting put in place will provide a massive surveillance system to provide early detection until a vaccine is in placeAll of this will make the virus more manageable until we have a vaccineThe virus is very contagious (more than the flu)10x more deadly than the fluEven without death, the hospitalization rate (15%) and critical care rate (5%) are extremely high (we don't have medical capacity without containment)Mortality rate:1% overall4% ages 60-7010% ages 70-8014% ages >801 in 250 to 1 in 550 for some his age (47) - said "that's enormous"He recommended that his parents stay home for a couple of monthsHe also felt that masks should be produced and mandatedThese bullets are subject to my note taking and I am certainly not qualified in this area.
29 March 2020 | 22 replies
It’s never really too early to start making these contacts.When it comes to Realtors, they will help you identify which areas of town are good to invest in and what to expect in rents, quality of tenants, how to analyze deals, provide you with investing opportunities (both on market and off market).Besides figuring out what your goals are, how you want to get started, and meeting like-minded people, the first action item would be to talk to a lender.
1 May 2020 | 16 replies
She had to produce a letter from her employer that she will be back to work in 30 days and that was enough to fund the deal and close yesterday..
19 April 2020 | 3 replies
NARPM (National Association of Residential Property Managers) PA Chapter is sending out call to action for our Senator(Legislative branch) and their Representative(Legislative branch), also to Governor Thomas W.
20 March 2020 | 4 replies
Your lawyer should be able to advise you on any other actions you can take.
3 April 2020 | 8 replies
Here I am to reach out to BP community for network, education and final “executed plan and action” for BRRRR or flip and/or both in SFH and Multi-units for cash flow.
23 March 2020 | 29 replies
Not to mention the class-action suits that are coming here and governments stepping up in other countries where local economies were completely hosed by them.
21 March 2020 | 0 replies
There were 2 courses of action recommended.OPTION 1:> 100% Line replacement and Water proof:> - To dig up both sides of house for gravel instal> - Water Proof both sides of home where water is intruding> -Replace storm drain lines needed on both sides of home> - cover and repitch top side to ensure proper flow away from home>> All Labor, Material, tax $13,255Option 2:> Repair Line, Jett, Repitch:>> -To dig 6ft of Stormdrain> - Repair Storm drain line where broken> -Jett lines to help clear buildup/ debris causing water to sit> -Cover and Repitch ground on driveway side of house>> All Labor, Material, Tax $2700I chose option 2, with the idea of potentially using internal membrane afterwards to thwart risk of any more water intrusion.
10 April 2020 | 16 replies
Or put another way, a devaluation of the purchasing power of a dollar.For those who like things that actually produce a long-term net positive, it is very hard to beat real estate.
8 April 2020 | 73 replies
They are indeed fortunate to have you as their landlord.I am a tenant, in Colorado, who *will* be able to, and will, pay my rent for April.I can assure you, based on the constant, ever more hopeless, dismal, conversations circulating around the neighborhood by tenants from every nearby rental property, tenants would appreciate knowing where they stand ,rather than, perhaps, even feeling they have no choice but to move themselves out, ahead of perceived legal action by their landlord.These are reliable tenants, with *years* of paying their rent on time, quiet, respectful tenants, who, for the most part, have landlords that are newer owners, less than a year, of the property they have been renting for 8 or more years.