- You make smart financial decisions to afford investment in real estate.
- You buy properties, rent them
- Government closes businesses, forcing tenets into dire financial condition
- Government gives tenets unemployment benefits and stimulus that equates to roughly $75k/ year before taxes (A piece)
- Government tells tenets they don’t have to pay rent, taking away your income.
- Government forbids you from evicting tenets from your property for non payment removing your ability to mitigate your loss in income
- You got no stimulus or benefits because you made too much money
- There is no plan to make you whole, provide you with restitution to collect back rent

This isn’t “risk”. It’s robbery.

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Posted by Shankopotomus

Social Distanced

Member since Feb 2009

21057 posts

Posted on 9/3/20 at 8:15 pm to elprez00

Dead on

Have an upvote

The funny thing is...the fricking banks don't want all these damn properties on their balance sheets ... so who knows where this leads in a few months

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Posted by Mud_Till_May

Member since Aug 2014

9685 posts

Posted on 9/4/20 at 2:21 am to elprez00

quote:
You make smart financial decisions to afford investment in real estate.
- You buy properties, rent them
- Government closes businesses, forcing tenets into dire financial condition
- Government gives tenets unemployment benefits and stimulus that equates to roughly $75k/ year before taxes (A piece)
- Government tells tenets they don’t have to pay rent, taking away your income.
- Government forbids you from evicting tenets from your property for non payment removing your ability to mitigate your loss in income
- You got no stimulus or benefits because you made too much money
- There is no plan to make you whole, provide you with restitution to collect back rent

This isn’t “risk”. It’s robbery.

They cant live there if you burn that shite down. Maybe someone could take care of that for a nominal fee?

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Posted by Trevaylin

south texas

Member since Feb 2019

6053 posts

Posted on 9/4/20 at 8:27 am to elprez00

"always a govt risk". when you rent your property through a broker, you're liable to be forced to take on a welfare renter. The federal govt requires that you open your house to who ever because of discrimination . a subsidized renter is very likely to leave with the house a wreck to be rebuilt by the owner.
this is not a new requirement. renting houses is about the worst investment possible

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