Your Custom Text Here
Before you buy property, incorporate a margin of safety, a buffer for unforeseen circumstances and things that may happen that are outside of your control.
The surge in unemployment claims filed since mid-March resulting from the mitigation efforts to slow the spread of the coronavirus (COVID-19) are straining household budgets and leading to more requests for mortgage forbearance.
Whenever possible, avoid buying property at auctions. There will usually be at least one person at the auction dumb enough to pay too much for a property--compete with that idiot at your own peril!
The average rents on apartments are already dropping, as the U.S. economy grinds to a halt and millions of workers have lost their jobs, been furloughed or have been asked to stay home.
Prepare a detailed plan of attack long before you begin renovating a property.
Federal Housing Finance Agency (FHFA) announced that eviction suspensions are in place for the entire duration of time that a property owner remains in forbearance.
