You can postpone mortgage payments with forbearance.  If you collect rent payments from your tenants, can you pocket it all and not pay your mortgage? What a windfall! (Complete episode transcript is below. Read along as you listen.) In crisis times, your cash flow is your cushion. Last year, the publication “Emerging Trends In Real Estate” forecast that the chances of a pandemic roiling the economy were low. The CARES Act’s effect is discussed. Payments follow five links in a chain: employer - renter - investor - mortgage servicer - mortgage-backed security holder. What’s the difference between a lender and a mortgage servicer? Ethics and greed. Are there deleterious consequences of forbearance? Resources mentioned: Read episode transcript at: www.GetRichEducation.com/290 CFPB Video on CARES Act: https://www.consumerfinance.gov/coronavirus/ cares-act-mortgage-forbearance-what-you-need-know/ Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS to 72000 or: TotalControlFinancial.com By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold   Complete episode transcript:   Welcome to Get Rich Education. I’m your host, Keith Weinhold. You can potentially collect your rent income from tenants and then, turn around and NOT pay the mortgage loans on those properties for a few months, pocketing a nice profit. But should you?    In the pandemic-induced world of eviction moratoriums and mortgage loan forbearance, there will be winners and losers. I’m helping you sort that out so that you can be one of the winners - and more - today on Get Rich Education. ____________________   Welcome to GRE. From Olympia, Greece to Olympia, Washington and across 188 nations worldwide. I’m Keith Weinhold, this is Get Rich Education, and we are all living in strange times.    The squeeze for some of us, I think is encapsulated in Jerry Constantino of Queens, New York’s situation.   He’s talking with owners of the roughly 500 units that he manages, who are worried what’s going to happen if the rent checks stop coming in.    As part of his Property Management duties, Jerry is talking with tenants, many of whom he assumes will be delinquent this month because they either lost their jobs or they’re just choosing not to pay.    Jerry’s a hard-working guy and he knows that the tenant in Unit 31-A has paid his yet, and it’s a few days past due.    But yet Jerry knows that this tenant hasn’t lost his job and ought to be able to pay rent on time like he always did before the pandemic.   Jerry sees this tenant from Unit 31-A in the hallway and says, “Don’t mess with me dude, where is the rent?”   And by the way, Jerry got a little gruff and his words weren’t exactly “Don’t MESS with me…” but that’s the version that you get here on this unapologetically squeaky-clean lyrics show.   And besides MANAGING property for others, Jerry is also in discussions with banks, trying to figure out how he’ll make mortgage payments because he’s got properties that HE owns HIMSELF during this worsening global health crisis.   And, a lot of people find themselves in a situation similar to what Jerry is in. Some large property owners have already rolled out payment plans for their tenants - and halted evictions - because they legally have to - as the coronavirus outbreak roils the economy.  Many apartments in the U.S. are essentially small businesses that tend to have less financial flexibility and will need some help ... in the coming months. Now, there are some choices for the millions of Americans who lost their jobs and have no clear prospects for when they’ll get them back.  Three things that are aiding TENANTS right now, helping them pay the rent are: eviction moratoriums, u