Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello again and welcome to another episode of Ask Marco,

where I answer your investing related questions.

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Today's question comes from Charlie and he says, hi Marco, I'm a long time listener and love the show.

I'm looking to make my first few investments in the era of coronavirus

and would like some advice.

The headlines today read that the banks are bracing for large-scale mortgage defaults.

What can investors do to turn this into an opportunity? What else can we do to use this downturn to help us come out ahead?

Okay, Charlie, so let me begin by saying that I am still trying to figure out the size, scope, and scale of what this impact might be.

Every time I read an article and try and figure this out, I get kind of opposing opinions as to how deep and how wide and how long it's going to take to

unfold and to ultimately settle. My personal opinion is that we're going to see a

few months here of probably some tough times not

for everybody but for a lot of people it's really a matter of getting businesses

back to business and once people are back to work and it's business as usual and the

economy is working again and we have money circulating and essentially what is

velocity of capital, then we're going to see things get back to normal.

An important thing is that we don't want to see credit and the credit markets tighten up or dry up.

They are tightening up a little bit right now,

which is not good for people and businesses

...