Get Rich Education 291: Could Home Prices And Rents Fall?
Can you count on rent collection in the pandemic?
Could home prices drop?
Is it better to buy property today, or say, six months from now?
If you think that the pandemic will drag on for years and badly affect the economy, stay on the sidelines.
Most think it'll bounce back this summer.
I talk with guest Gregg Cohen, who helps manage 3,500 rental units in Jacksonville, FL for insight.
Forbearance stabilizes housing values. Without it, some would have to sell their home.
Many Florida residents are paid more from unemployment compensation than if they worked. This assists in rent collection.
Gregg & his company offer you new construction Jacksonville, FL property. If your tenant cannot rent, they will pay your mortgage for you up to six months. This is only for GRE listeners that use this link: https://www.getricheducation.com/jax/
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