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fintstone fintstone is offline
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It is amazing how bad this is in some places. I own single family homes in five different states (was 6 states but just sold one)...and multiple homes in some states. I have not seen this with any of my homes. If anything, the "pandemic" has improved my financial picture as a landlord. The value of all my investment properties (and homes I use personally) has increased at much greater rate than in the past. Demand is great. I sold one that had been a laggard for years after listing for a single day (at a much higher price than anticipated) and pocketed substantial cash. All the others have behaved as before (rent on time) and I have raised the rents on all. Some move out at the end of their lease (like before) but I am able to rent those homes immediately at a higher rate. This has enabled me to pay down/pay off mortgages or refinance at very low rates. I reduced the payment in my primary residence by around $800 a month alone (with a simple refi).

This mortarium is just bad policy and demonstrates bad faith by renters. There are plenty of jobs and people that do not make much have regularly received huge amounts of social welfare to add to that. There is no excuse for most people to not pay their rent (other than poor choices on their part). How exactly do they (and Washington liberals) expect landlords to pay their bills/mortgages?
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Old 08-04-2021, 11:13 AM
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