1,555,300
We are not social services, we are small business. The trickle down effect is being ignored: our mortgages, our maintenance, our taxes, etc. Where's our protection against the government protection? Politicians need to remain out of real estate.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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Jason E. Gordon
San Diego, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Susie Kay
Plano, TX
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John Juarez
Fremont, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
1,326,769
Many small investors are being hurt due to lack of funds needed to pay their own expenses including the rent on the rental property.
There is no good solution to this problem. Who do your hurt? Out of work renters who have no funds to pay rent so they get evicted or small investors who cannot pay the mortgages on the rental property and suffer credit damage, late payment fees and, maybe, foreclosure?
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Kathleen Daniels, Prob...
San Jose, CA
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Susie Kay
Plano, TX
3,350,914
I do not. I see a misuse of power. California is in a similar boat. Landlords have no relief ... it's all an unthinkable mess ... yet it is happening all around us.
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Kathleen Daniels, Prob...
San Jose, CA
509,449
They don't think of things thoroughly. Landlords need to pay their mortgage, insurance, HOA, and tax on their property. Where are they getting the money from if they are stuck with non paying tenant?
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Kathleen Daniels, Prob...
San Jose, CA
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Susie Kay
Plano, TX
1,848,051
We have also just extended it here in IL but I didn't get for how long.
Just looking thru the MLS the other day on a foreclosure that slipped by me & it was owned by investors that I knew. Seemed they just turned in the keys to the bank.
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Susie Kay
Plano, TX
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John Juarez
Fremont, CA
634,225
Elections have consequences. Those who were elected are making the policies and look at which States / local Counties are doing well and look at which ones are in crisis mode!
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Kathleen Daniels, Prob...
San Jose, CA
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Buzz Mackintosh
Frederick, MD
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Jeff Pearl
Lovettsville, VA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
1,202,852
In MA our governor extended the eviction moratorium until Oct 17th. My heart goes out to the affected landlords who have tenants that may use the crisis to take a rent holiday even though they have the rent. $$
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Kathleen Daniels, Prob...
San Jose, CA
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John Pusa
Glendale, CA
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Jeff Pearl
Lovettsville, VA
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Pete Xavier
Pacific Palisades, CA
5,773,392
Jeff,
I can see both sides of the problem. We recently heard a similar conversation with commercial building owners. Some locally agreed to half rent until this health crisis is over, so that their tenants could stay in business. Perhaps there is the same type of solution in residential..A
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Kathleen Daniels, Prob...
San Jose, CA
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Jeff Pearl
Lovettsville, VA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
717,185
All the politicians worry about are the tenants. What about the investors? Their carrying costs on their properties still need to be paid.
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Jeff Pearl
Lovettsville, VA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
4,183,046
Jeff Pearl it is difficult for landlords and renters.
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Jeff Pearl
Lovettsville, VA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
2,785,756
These current legal systems that exist are the ones we built and invested on with the moratoriums being emergency measures that are crisis driven. There has been no change in law. Saying that, opportunities exist in the world of litigation if one can show/prove a bias, harm or undue treatment resulting in damages. The moratorium sword cuts both ways it can be argued
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Jeff Pearl
Lovettsville, VA
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
381,907
I do not.
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
941,808
Hi Jeff,
It is hard to believe that people would not be paying their bills or rent with how generous the federal government has been with the Paycheck Protection Plan and the addition of the $600 weekly of federal unemployment assistance that just ran out, but was extended at $400 per week by Executive Order from the president.
In Indiana a person filing unemployment who was making $8 an hour was receiving $1,280 per month BEFORE TAXES in a four week month from their job. With the $600 additional federal unemployment help per week in addition to the Indiana state unemployment assistance of $175 per week- that $8 an hour unemployed worker was receiving $3,100 in total unemployment assistance for a four week period!!!!!!!!
$1,280 before COVID for 4 weeks wages at $8 an hour
$3,100 after COVID for 4 weeks state and federal unemployment.
You would have to be making $15 an hour for it to make economic sense to go back to work in the state of Indiana during that period the federal government was offering $600 per week supplemental unemployment assistance. There would be no reason for anyone falling behind in rent if they were making less than $15 per hour in Indiana if they filed for unemployment compensation.
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
7,872,838
Many landlords will have issues.
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
767,089
The current Pandemic makes us choose between bad and worse options. Helping one party can destory another party. I am a landlord and our tenants are paying. It would be cheaper to delay paying then evict and rent out the properties. The payback has to be terms that don't increase the future loss by delaying payment and then leaving without paying.
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
1,507,223
No, this is too broad of a stroke to be effective. It prevents many other just evictions and encourages those who can pay to not pay due to a lack of consequences.
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
5,247,618
Can the governor get a stay of payment for the landlord? Probably not but kicking the can down the road lightens his load!
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Pete Xavier
Pacific Palisades, CA
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Jeff Pearl
Lovettsville, VA
539,748
The Governor of Colorado is being sued by landlords for abuse of power and issuing multiple executive orders for eviction moratoriums in violation of the U.S. Constitution, denying landlords legal rights and due process, and effectively a government taking of private property without compensation.