117: Coronavirus Q&A with Scott & Mindy

Today, Scott and Mindy discuss the biggest news story of the century: Coronavirus or COVID-19. This episode covers a wide range of topics both money and real estate -- with a guest spot from Brandon Turner, who answers the number one question on every real estate investor’s mind: What do I do if my tenant(s) can’t pay rent? You'll also learn what resources are available for people whose incomes have taken a hit, and get answers to questions such as: should I continue with the purchase of a property I have under contract, and should I continue to pay down debt or take advantage of this current market? These are scary times, and it can be easy to cut and run or throw out your carefully-laid plans in favor of an instinctive reaction. So now is a good time to detach, assess your options, and chart a course forward. If you have Coronavirus fears, you’re not alone. Scott, Mindy, and the entire BiggerPockets Money Community are here to help you weather this storm. In This Episode We Cover:How to invest from a position of strengthHow to tackle debt during this timeHow to do a "financial reset"What the 4 Percent Rule is in Financial IndependenceBrandon's tip when tenants don't pay rentWhat practical things can landlord do in these timesHow to take advantage of the current situationList of resources for those who are out of workBiggerPockets reminders that you should considerAnd SO much more!Links from the ShowBiggerPockets Money Podcast 116BiggerPockets Money Facebook GroupBiggerPockets Investments CalculatorBiggerPockets Podcast 374BiggerPockets Podcast 364BiggerPockets Real Estate PodcastBiggerPockets Money Podcast 70BiggerPockets Money Podcast 55BiggerPockets Money Podcast 55.5BiggerPockets Money Podcast 114BiggerPockets Money Podcast 85Mr. Money MustacheHow The 4% Rule Holds Up A Quarter-Century Later - ForbesReal Estate RookieCOVID-19 Financial Resources: Relief To Those Impacted - iHeartBudgets197 Emergency Financial Assistance Resources (National & by Major City) - Frugal Confessions50 immediate hire work from home jobs near me (2020) - Mrs Daaku StudioBiggerPockets ForumsThe BiggerPockets Book Store