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re: COVID impact to Vacation Rental Property Market
Posted on 4/3/20 at 11:47 am to GenesChin
Posted on 4/3/20 at 11:47 am to GenesChin
I don't know..the BP oil spill was not this bad. In the past few years the majority of condos were cash sales so there is not a lot of leverage unlike when we crashed in '07-'08.
1
Posted on 5/19/20 at 6:44 pm to SalE
You are frucking nutz. As an ot baller on the DL, the oil spill was FAR worse for prices. No movement on gulf coast so far. I would cum in my underwear if we see a 30-50 percent drop (oil spill) and scoop up at least 2-3 more properties.
And gtfo about cash sales. I have 20 bankers ready to 2 pump jerk me off to get 1M+ of my business. The secret is that they give it to you for near free when you join the club. If they want to send money my way at 3% im taking it.
Gtfo.
And gtfo about cash sales. I have 20 bankers ready to 2 pump jerk me off to get 1M+ of my business. The secret is that they give it to you for near free when you join the club. If they want to send money my way at 3% im taking it.
Gtfo.
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