When these landlords lose their properties, the large corporations are going to snatch them up and turn them into "luxury" rentals that most people cannot afford, which will exacerbate the problem.
But my question to you would be, if the middle class is all but gone, and poor people never did have anything, and the wealthy are only supposedly 5% of the population, who is going to be able to, or willing to rent these luxury rentals.
These idiots act like this is all ok, and right.. Like they dont realize whats going on. The sad thing is that folks believe this bull malarky going on.. THIS IS ALL OVER A LIE.. AND WHAT THEY ARE DOING IS BACKWARD AS A BUTT! IT AINT RIGHT!!! THE ONES MADE EVERYONE SHUT DOWN OVER THIS STUPID LIE, AND MAKING FOLKS SIK, DEAD, AND CUT OFF FROM OUR CREATORS EL OHIM ON PURPOSE, SHOULD BE FOOTING THE BILL... THEY MADE FOLKS CLOSE FOR A LIE.. (The things sposed to protect folks cause more sickness and death than the convids.. It was actually just normal stuff killin folks, and misdiagnosis, and wrong treatments.. Until the stuff they are puttin in folks now to supposedly protect them. It is way worse than anything ever been hoisted on folks before. AND THIS IS SHORT TERM. FOLKS WILL BE CUT OFF FROM THEIR HEARTS AND MINDS LONGTERM (Word is folks are already complaining about that?) .. Theyll be ZOMBIES LONG TERM.) THEY ARE SPOSED TO BE FOOTING THE BILL 100%.. If they wont allow folks to work, even if this was real. This aint near about right, they know it, and these folks know it.t.. THEY ARE PLAYIN FOLKS FER FOOLS, AND SADLY AINT NOTHIN FOLKS CAN DO ABOUT IT. Even if they realized it. This is the foretold "final roman horned beast kingdom" in the holy books raising its ugly head yall.. AINT NO SUCH THANG AS NO NEW NORMAL. IT ALL GOES DOWNHILL FROM HERE TIL THE END.. YAHSHUA THE CHRIST IS THE WORLDS ONLY SAVIOUR. BUT FROM NOW TIL ARMEGEDDON.. ITS JUST GONNA GET WORSE AND WORSE DOWN HERE. PREPARE NOW WHILE YALL CAN!
When I filed taxes this year, there was no rental income to pay taxes on, so the Government lost out on tax money and I got to file at a loss. So the Government shots themselves in the foot.
@@rocksvids08 I told my tenants when this crap started to call me if they couldn't pay rent and I'd take care of it. I'm not rich, but I can cover the mortgage without tenants for about a year because I'm not over leveraged (because I'm not a greedy moron). My tenants said "thanks" and then never missed a payment. I'm glad they're still in good shape financially, but I'd have bailed them out if they needed it. That being said, lots of landlords went out and got investment properties without considering the risk (every investment has risk), and now when the risk comes knocking, they whine to the government that it's not fair. F that. Why do we reward stupidity and punish responsibility in this country? If you were dumb enough to leverage yourself 9:1 in a bull market because you thought nothing could go wrong, you should have to suffer the consequences no matter what that investment is.
@@ghostlyone2 Your comment makes no sence! I'm a landlord without a mortgage! I never signed up to give free housing. I understood the risk and tenant/landlord laws! The problem isn't being over leveraged. The problem is this bs started back in March of 2020 and the govt keeps extending free rent for losers. I'm furloughed this week and will get paid more than if I was working. Last week I worked 37 hours and will get the extra $400 unemployment. Clearly have enough funds to pay. It's just losers are choosing not to pay!
@@anniealexander9616 Well, are your renters paying? If not, like most things, I suggest you go do your research. Evictions are still happening under the moratorium. If you have a "loser refusing to pay", the normal eviction process still works. If your tenant is experiencing hardship, they owed you some paperwork declaring and evidencing their hardship. Edit: a word
I hate to sound like the Evil person here, but all the gov did when it allowed renters to suspend rent payments was to create a stimulus paid for by landlords, thus avoiding the bill itself.
@@libertysprings2244 . Forbearance is not a good idea for rental properties as you will be required to pay in full after so much time. Small landlords are not your mommy and daddy and should not be housing people on there dime
If you Google, "Rules and Regulations of Eviction Moratorium". You will see it goes back to the 1918 with the Spanish Flu. Even then it was the responsibility of the landlord to allow tenants to reside "rent free" until the pandemic was lifted. The rent due and payable once the pandemic was no longer a threat.
That's part of the plan! Biden just lifted a bill which now allows state and local governments to buy land for "conservation ". Gavin Newsom just also signed a bill allowing the state to be able to buy foreclosed properties.
@@INSIDETHEMATRYX last time the government bought it and sold to big guys in lots. Hopefully Biden will do what was recommended last time and make those properties available at discounts to individual homebuyers.
@@jessicabixler1658 unfortunately they will turn many of those properties into "affordable housing ". It's going to be harder for alot of people to become home owners. State governments dont want homeowners, they want renters to rent from the state. In Seattle they have zoning laws which make it illegal to own single family homes. Shits crazy.
@@INSIDETHEMATRYX Seattle’s (actually Washington’s) Bill disallows single-family only zones. That’s very different from prohibiting anyone from owning a single family home. That would be terrifying though. Fearmongering is what has the US in such disarray, we must be diligent in checking facts before spreading news.
@@buckbiro if you are disallowed to own a single family home in the city limits then you literally are not allowed to own a single family home. I guess I should have been more clear about that. I'm not fear mongering, I'm just stating facts.
Okay the tenant that hasn't paid a single dime to that lady since March 2020 who just wants to sell her home. Come on. If they aren't paying rent for almost a year they could've saved up something to give her or move out themselves. They're taking advantage of the situation.
Some are taking advantage of this crisis by not paying rent when they could--and should. But payment due will come later down the road when they will rent somewhere else--or at least try to rent again. Even with bad credit some landlords will rent to those who made an earnest effort in paying rent during the pandemic but for people who just REFUSE to pay one dime some will discover what it feels like to have the moon and stars for a roof.
So what happens when the landlord loses the home to foreclosure because they can no longer afford the mortgage or taxes? What does the bank do with the tenants?
@@plantlady1227 , that's a great question I would guess many have to ask themselves. I think...THINK...which means I am guessing 🙄, that is a conversation between the new owner/bank/and lease agreement with whatever mandates local government leadership declares per the needs with the pandemic.
So you waive the property taxes. Now you need to pass another stimulus to cover those missing taxes. Property taxes are going to local schools, roadways, etc.
They are doing everything to get the landlords to walk away from the property they own. They will never waive taxes (in most cases that does nothing when the landlord pays renters utilities (and is forced to continue even if tenant hasn’t paid and is not paying his rent for months now) who’s going to payback that money? Renters don’t have 2 nickels to there names (at least not on Paper) TRY to get them to pay back months of rent they owe. It will NEVER HAPPEN) landlords could at some point get right to sue them back but they will be long gone and the costs of hiring an attorney and long battles in court will sooner kill them especially considering most landlords are elderly that have bought a building in hopes of using money as a retirement fund) The government has turned the hard working blue collar man that scraped every penny and invested in an investment property into homeless beggers!
Landlords are starting to walk away from properties that they have because not only are they liable for taxes but also have to keep paying the bills for gas and electric and water. Many people have utilities included in rent and are living a care free life while landlords have there credit and life’s savings destroyed. Years of penny pinching and saving to be able to retire and now they are left with nothing!
Complain to Republicans. reconciliation has to be revenue neutral so Biden and Democrats only has two trillion to play with. Someone is getting left out, because Republicans aren't going on board with any renters assistance at all. You did see 600 billion package Republicans want? No amount of negotiating between $600 billion and 1.9 trillion is going to get you more renters assistance.
Work is always punished, If you want rewards need to quit and become dependent on the government. Bonus if you become homeless you gain Super rights as citizen. Free food, free needles, free laundry service, Poop Pee anywhere, Get drunk in public, Litter everywhere, assault others, spit on officers. Financially Independence is Gov. #1 enemy and you will be punished for trying
If Government wants to help renters, it should pay the landlord directly. Denying landlord’s rights to his/her own property is unconstitutional. Government cannot put its burden on small landlords. This eviction moratorium should STOP
So...we should turn to having millions of families, kids roaming the streets and homeless through the winter? That logic is void of any type of humanity. It's at the top. Mortgages...bankers. they're the one's putting the squeeze on. They're the ones who need the "pause" button implemented.
@@lawerancelanham Not really. There are hardships to both renters and landlords. And if Government wants to pass its burden on landlords, forcing eviction moratoriums, then it should also force moratoriums on paying Property taxes, mortgages and Any landlord responsibilities. Else, how does it stand with your logic of any humanity, where landlord who has worked his butt off for that property is losing it, because Govt. wants to renters to live for free?
This is just hijacking of property. State sponsored squatting. Anybody that thinks that the renters will have a bucket of money to pay back the landlords, well that's just silly.
We should have a class action lawsuit against the government, fight all the way to the supreme court, let the high court say if this is constitutional.
I think the CDC issued the moratorium without any discussion with the landlords, making them into impromptu homeless shelters, the CDC should also be responsible to reimburse the landlords for all of the missed rent.
Exactly. Impromptu homeless shelters. Without compensation. If all these people want renters to not have to pay their rent then pony up the extra tax dollars to cover it.
Let's not act like a temporary suspension means these tenants won't have to pay! When things are up and running they will have to pay! There are no winners except the uber rich and big businesses!!
Once again Wall Street gets their pound of flesh while everyone else is squeezed. Forbearance doesn’t really help because it binds your credit and ability to reorganize your finances. Suggestion: Make Wall Street take a moratorium on receiving payments WITHOUT hurting the landlords and mortgage holders. Wall Street already got $4.5 Trillion in the first round of bailouts. Their greed has no limits.
Wall street would be the ones who would be the most logical to take the brunt of the hit. They have income and will always habe income even when most of the country is shut down which means any loss taken will be paid back immediantly when the country is spending normally again but that's probably not going to happen because they got rich off political lobbiests who built all their power by rigging things in wall street's favor
@@geekedmaxx no. Wallstreet can pay with no politics involved, and not onlt fan they pay the money will just recircualte right back into their pockets just as long as they didn't maintain their multimillion dollar spending after covid
@@geekedmaxx Wallstreet litterally gets rich of our spending. The less we spend the less their stocks meaning anything and when they hoard during recession we not only spend less but we cover less essential costs company's provide at cost. Which again, will hit us all and then wallstreet when outercountry has enough shares inside to dictate how we Iive that's a part of the idea of trickle down economics
This is why we sold our rental house last year. It had been a home we lived in, then we moved so our daughter (4 at the time) could be closer to the hospital her treatments for leukemia. We tried selling that house in 2008 but couldn’t during that crash. When our last tenant moved out and we sold it immediately. A family owns it and we no longer have the headache of trying to get a good tenant. It was too risky for us in the pandemic.
My landlady is a dear sweet 72 year old woman with 7 tenants at three different properties. three have not paid rent in a year, two have not paid rent in more than six months and one is 3 months behind. She informs me that I am the only tenant who has paid rent on time every month in the ten years she has had rentals. At the end of this month I will lose my unemployment benefits and will have zero income to pay rent. All my landlady's properties including her own home are in foreclosure. She has had to go back to work for the first time in almost 20 years and is now an assistant manager in a hotel. All her properties include all utilities in the rent. According to Zillow my rental unit should rent for $1100 a month. She charges me $700. I can't legally work because I have multiple underlying conditions and the governor has issued an executive order requiring me to stay home because of it. So no work and no income. All her properties including her home are going up for sale. My next landlord will most likely make me pay my own utilities and I don't have the $250 deposit for the electricity which means it will be shut off and I will no longer have a way to keep my diabetes meds cold. All this because they excluded landlords from the moratorium on foreclosures. The only good news is that my landlady invited me to be her room mate since she has to rent now herself due to selling all her real estate.
This is what they mean when they say you will own nothing!! And to think when the moratorium expires the rent will be due in one giant payment!!!! You think the homeless problem is bad now, you ain't seen nothing yet!
I work for an agency who represents many landlords frustrated by tenants who are refusing to pay not because they can’t pay due to loss of income, but because they simply do NOT want to give up any part of the stimulus package or pandemic unemployment assistance they’re receiving. Even further, they’re refusing to go to work until the extensions on the extra pandemic funds paid on their edd claims run out. Those who are refusing to pay them are in large part, those who received very large stimulus payments AND pandemic unemployment assistance, combined with extended benefits. In one case alone, just one person went from an income of $500 per month to $2900 per month, (for a grand total of $18,000 in 2020 from edd alone, single w/no kids) and has paid the landlord a grand total of $20 in almost 2 years. Nearly every landlord I’ve spoken to was willing to work with tenants who wanted to pay as much as they could. Especially those who used their stimulus and increased unemployment benefits as they were designed to be used: to help ease the burden of obligations building up by the lockdown forcing people out of work. Some people took advantage of that in order to use the system to get a years free rent from an unsuspecting landlord. It really is sad. Because it means in the future, a lot of people will NOT get help because an owner can no longer trust people. A lot of good people are getting hurt, and a lot of bad tenants are getting away with this without penalties. It’s so sad...! I’m glad I’m part of making sure justice is served! edit: I had the numbers wrong. EDD was paying $600/week. End of year statement was $18,000.
I have a family member with two rentals that he owns. He's still collecting rent and he was able to put the homes on the special forbearance offered by the bank due to covid. He's basically collecting rent and not having to pay his mortgages at the moment. Free cash flow. Not sure what this video is talking about. I guess some banks are not as generous.
Banks are not greedy. You got that all wrong.. The bank loans money to make money. Should the banks stop collecting on car loans? Or credit card bills ? Hey how about the grocery store stop charging for groceries while we are at it.
Banks are loaning the money from their deposits. I assume you don’t have money in the bank. But if you do are you okay with them saying “sorry you’ve lost all your money. We loaned it to people so they could buy a house. But we don’t want them to have to pay it as that would be greedy” News flash moron: expecting someone to PAY BACK MONEY THEY BORROWED is not “greedy”
My parents are apart of this and didn’t receive any help with all the grants being given to landlords. They are struggling while still being empathetic towards their renters
This is a bump in the road and your parents will recover, you do not need to let this situation stress you for in times such as this pandemics are out of our control.
I have a house that I’d like to move into, because I am essentially homeless. But the tenants in my house say they can’t leave or pay rent because they have no money or other living options outside of the street. So, as the landowner, I get pay the mortgage and they live in my house for free. Sound fair, right?
This is BS! A homeowner in a situation as dire as yours should be able to move into their own home. I certainly feel for folks that have lost jobs, but we can’t rob Peter to pay Paul here. If the government is concerned with housing the displaced tenants. Put them in Section 8 or a housing project. The government can share the cost burden.
Pitch a tent in the backyard & do laundry & hang it on their windows. Park your cars in the driveway if it has one. Legally the renters are living in the home, but the property is yours. At this point, everything goes since the government doesn't want to help you. Im a tenant, but I've done the impossible to pay my rent & thank God I'm still paying it. My husband was furlough for months & I tapped into my savings to pay rent, grilled more instead of using my stove. Bought solar lights & rechargeable batteries to lower my light bill. Went to food banks or dollar stores for food & household items. Times are hard for both sides. Landlords are not evil, neither are tenants. We're all in the same hell.
Google, "Rules and Regulations of the Eviction Moratorium". This situation has been on the books since the 1918 Spanish Flu pandemic. You will see where it states the tenant resides "rent free" until the pandemic is lifted. Once the threat is over the tenant owes the back rent to the landlord.
Better to leave a rental unit empty at this point. Too many scammers and the courts are backed up for at least a year in certain parts of the country. No way am I moving somebody into my place when I have absolutely no way of getting them out. I've been through that and thanks God I got rid of my nightmare situation....never again
Yup you are 100% right. Don't rent anymore to anyone. Just sell the property and get some money. The government has too much control over this business at this point.
you have plenty of ways to remove unwanted renters from your property....turn off the heat during the winter months, turn off the electricity, change the locks on their apartment doors, put bars on all the wndows. Place them under arrest for trespassing and let the courts which are on Covid layover deal with them when they go back into session. Isn't that why we have all these detention centres in every city.
@@Hannah-zw9ow So the issues with housing, stock, inflation, eviction, income disparity, clean water, wildfires, manufacturing, student loans issues are non existent?
@@starscream6629 what she’s saying is that there will never be systemic change like a “great reset” although I think it would be interesting, I don’t think anything is going to happen.
It doesn’t matter if the landlord is rich or mom and pop set up, the government does not have the right to say a consumer can live for free off of you. Sorry.
They don’t. They have mortgage forbearance on top of the rent(er) moratorium. Landlords have it easier because the federal programs go directly to their coughers
Tell that scenario to your banks who hold your mortgages. Deferred payments are provided with a balloon payment due and payable for the (full) balance on the loan.
@@cuddlycuddlycactus2999 only if the mortgage is federally backed. Even if the landlord qualifies for mortgage forbearance many banks are not tacking it onto the end of the mortgage. The banks are allowing a few months reprieve with interest culminating and all missing payments due all at once.
Yes, thanks , I am in Tammy ‘s situation- people think 🤔 just because you have property you have money/ My bank extension ends this February/ due to tenants not paying/ I will be fighting to stay out of foreclosure/ 🙏🏾🙏🏾🙏🏾
I’m sorry this is so frustrating to hear these stories from landlords. My parents decided to live my sister to help with her kids and rented their house to a seemingly nice couple that turned out to be very aggressive and belligerent they started the eviction process right before covid hit it delayed the eviction for 11 months and the tenants didn’t pay a dime for 13 months total my mom was also furloughed from her job and was barely scrapping by due to paying for 2 homes. Her mortgage only offered 6 month extension. I’m not sure what State you are in but there are class action lawsuits being started for the lack of help the government has provided check out landlords associations for your local area. The government has no right to force citizens to give up private property like this. I wish more renters where aware that landlords are not the enemy it’s our governments response to this that is the problem.
Luke do you own property? Most landlords are not the problem the only reason that rent keeps rising is due to higher taxes and repair costs and the risk of bad tenants. Most landlords I know all work part time but most full time
What's sad is, nice people will leave and go back with their parents or become homeless. It's the nasty people who'll exploit this free rent the most..
Freaking covid!! This pandemic exposed the weakness in our economy and how many people rely on daily work to be able to provide a life for themselves and their families. May the force bless those in need!
@The Logic Party well, in a way you are trying to control others lives. Its been over a year now with the pandemic so "having a year of savings" is no longer reasonable. What if our economy crashes and our dollar collapses? Than the money you saved for a year is worthless. No matter how much you plan and save for life can still hit you hard. Nobody expected a pandemic and nobody is realizing we are on the verge of a financial collapse. How many Americans do you think its prepared for hyper inflation? I just wish our politicians would get out their feelings and work with us to fix the debt crises and many other flawed systems we have in place.
@Shep Proudfoot how tf are you being an insane conspiracy theorist but actually right about how capitalism just makes you a wage slave in the same comment? Are you insane or work pick a side lol
unemployment benefits are going to be only 52 weeks, 1 year and then its based on a percentage of your last payrate. If your working and still haven't got the money for rent, how is unemployment going to be better when your getting less money.
The solution would be, not allowing banks to foreclose on properties where an owner cannot make the payment due to the corona virus crisis, oh, wait!....it doesn't work that way, I forgot that most politicians have their money tied up to bank businesses!.....Sorry, my bad!!!!
$1.9 Trillion means tested "stimulus" could have paid that missing rent 33 times over. It is not a case of "we don't have the money". It is a case of the owners of this country don't want to actually take care of the people.
Sounds very intentional to me. They know how this is hurting landlords. They don’t care. If you go into foreclosure then they have their team ready to snatch that property up for pennies on the dollar. Then the owner loses and the tenant loses. But the bank and the potential new owner WINS! They did this back in 2008 when the housing market crashed as well. Have fun everyone. You voted for this.
This is why California Governor Gavin Newsom passed an executive order to make it easy for California to purchase foreclosed properties it's the great reset
Other countries are so much better run than ours with free healthcare and housing. There are people who live off government housing and do literally nothing. Why are people who are working and doing something in society unable to afford housing???
@@davecurtis8765 Joe Machin seems okay too. Right now he is the only thing standing between AOC, Bernie Sanders, and Kamala Harris turning this country into Venezuela.
@@dianegarcia7108 there was a pandemic, but the way we handled it hurt more people than it helped. I don't think the lockdowns did anything to slow down the virus, if anything it might have made the infection and death rates worse.
Please also consider that SOME tenants chose not to pay their rent even though they were still working, using Covid exposure as a convenience -- and getting loads of unemployment cash. Not fair and not just. Those who abused the honor system need to be held accountable. Period.
because freezing mortgages means banks and government will lose a lot of money, whereas sending a 30 billions dollar stimulus package to god-know-whom as virtue signalling is a more appealing option.
My dad has a townhouse whose tenant is on retirement he receives monthly checks and he is currently living in Nigeria since February 2020 and it’s it now February 2021. He refuses to pay rent and he violated his lease by renting to others who are not on the lease that he put in the townhouse. My dad pays mortgage and taxes from that rent. My dad is a senior citizen and uses what little is left over to help pay for his insulin which is very expensive. This is not right. Every case should be treated differently with the eviction cdc 🛑. It’s not that my tenant can’t pay he chooses not to and is taking advantage of the situation.
@@HelloSherry37 I specialize in Medicare Insurance in TX. It should not be more than $30 now through some of the Medicare plans. Im assuming he's old enough. I would have to check specifics though. There were changes made for 2021.
If his lease says no subleasing (or that no one besides those on the lease can live there) it is a lease violation. this is a loophole to go get an eviction. REMEMBER just dont put on the paperwork that eviction is for money or court wont grant eviction. Only put down lease violation! it works because members of my real estate group have done it. Included in lease violations are pets. loud noise, destruction of property and calls from police. Get started NOW if any of this applies. CALL YOUR COURTHOUSE FOR MORE INFO ASAP
My wife and I worked hard for years to buy 5 rentals so we could live due to physical inability to work anymore as we are in our 60s with no family to help..and bank wants its payment..property is 3/4 paid for after 12 years of sacrifice..we did everything right why are we being punished..and nobody cares..were landlords were rich...our renters make more money than we do..
You got that right! Think about this, let say a landlord started the eviction process in December of 2019 for two months of nonpayment of rent. The court date was in late March 2020 for eviction then the moratorium passed. There are landlords with tenants that have not paid rent in a year and a half!! That is just criminal.
This is exactly why I live in my car Anyone can make a tiny home outta their car Tons of ppl do it Elderly ,disabled, and families should have a home without worrying about rent or evictions The rest of us will be okay We all need to stay in prayer for our most vulnerable, because they have a harder time coping Offer help to everyone and stay in prayer This is what God seeks He wants ua to turn to Him
Where do you go to use the toilet in your car?...... in the middle of the night....... or if you have irregular bowel movements? Where do you get your hot showers? How do you wash your fresh vegetables?..... or do you just eat less healthy fast/processed foods?
So renters refuse to pay rent so they can feed their families and don't lose their homes, leaving landlords to not be able to feed their families and lose their homes?
So it’s alright for landlords to invest into their retirement but now have to watch their investments get washed away because government says renters don’t need to pay rent???? How stupid is government. If you are unemployed they already give you an extra 400 a week?????
So it's basically a way of preventing the government from having its citizens foot the bill unfairly, or something? I don't know. Please explain it to me like I'm 5.
@@ericventuroso3544 American Revolutionary War was mostly fought because of taxation. But there was also a law the British imposed called the " Quartering Act". It was a law where home owners had to by law house soldiers for the British with no payment.
My home is paid off but I still pay taxes for my property. When the pandemic hit I was late 6 months on my payment due to a separation. I’ve tried reaching out for crisis relief because the city I live in is suing me. Within a year I have had two court dates for delinquent taxes and could loose my home for 6k in debt to the city and a disgusting 5k in fees for the law firm that the city hired. There needs to be more light shined upon this issue!!
Even before the Pandemic the government never gave hoot. My dad had early on-set Alzheimer possibility of dementia but for some odd reason was not applicable for disability. Tell me how can any person who can't remember where they put their mail, or frack remember they have the cat hold a job? Gov. didn't care took his house due to unpaid property taxes and shipped him off to a homeless shelter without telling us. When I say I lost my dad I mean it literally I-we-lost our dad. And the only sibling who could have taken him couldn't because the government told her no or she'd loose her housing. Like literally government doesn't care about you the homeowner. When it comes to it all they want is money.
God bless you. I hope you pull through. How about a low interest or zero interest credit card to pay it off? You're not alone. My mortgage has gone up $400.00 during this crisis. I tried to fix it with Fannie Mae. They DONT CARE! NOBODY CARES. We have to pull through somehow and lots of homeowners are suffering same as before ...this fuss over the pandemic is a joke to the bankers. They're still squeezing people and they have no conscience!
pack up and leave the house to the city, because in the end there is no way to beat city hall. You owe $6,000 in back taxes plus $5,000 in processing fees so how are you going to pay $11,000 to get the house back in your name.
You should. I recently started when I had a vacant. It's a relief. Screen like you would otherwise, and even the income for what they would pay for their portion of the rent. Good luck!
That’s all my wife and I do! Low income housing is guaranteed funds! I’ve been told that I’m not that smart because the houses i rent I could get 1300-1500 for but I get 850 a month for 2 and 900 for the other because the state only pays so much! Include all utilities and you will be set!
@@thein1990 i NEVER include utilities because tenant leave windows open with heat on, every room in house with lights on and brag about 30 minute showers. Section8 doesnt pay utilities
Even if they aren’t paying Don’t they have to move out when the lease is up? Also be careful when you rent to section 8 yes you will most likely get the rent but they may also trash yo house.
Not me. Due to covid everyone pays if they don’t they can still be evicted with a 30 day notice and a promo that I or a family member will be moving in. Or just go on forbearance
I feel empathetic with mom and pop landlords. Because I used to be one. In many years my cash flows were always negative monthly. I had to work overtime to make it up. Hang in there!:-(
The rents to darned expensive regardless. Nobody owns their home, as they don't have the allodial title. You just paid 100-500k++++ or more. For a house you don't own, and have to pay on for life. That's renting still from the government. Not your allodial title, not your land or house. Everyone rents from someone the home owners from the government, and banks. The renters from landlords, either way its unrealistic to afford either.
Very true indeed. Especially folks being homeless. The majority of people in the u.s.a rents or rents to own, so it would be chaos beyond belief if there were no landlords
@@ymeekins6357 wrong. Homelessness would completely disappear. Landlords are the ones who evict people for non payment. If all those homes were on the housing market, the price of homes would drop substantially. Especially if new homes were being built, something that landlords have an incentive to oppose, as allowing more housing to be built, especially cheap housing, undercuts their business. In order to keep prices high and maximize profit they have to keep the supply artificially low.
Renters. Enjoy it while it lasts. These small time guys will lose their homes to the big rich investors who have a lot of more and power to put you on the streets so milk it as long as you can
Milk it???? That is evil... I guess you are not a believer in God repaying the wicked... But I assure u and everyone else who think stealing is okay there will be a price to pay... Eternity is a long time friends... And we are in the last days now.. So God says repent or perish!!!!! Its not worth it...I am begging you to change your minds .. Turn from evil while you have breathe in your lungs..
Speak for yourself. I pay my rent every month and used all of our savings to do so. And housing costs are more then half of most people’s income so stop acting like everyone is cheating the system, most people could barely survive before the pandemic. This was seen coming but nothing was done because the government hates giving the working man a hand up. I hand out on occasion but not a hand up.
This is why the government should not make it the responsibility of landlords to provide for the public sector, but this is exactly what is being done with the moratorium of evictions.
If the Government has the right to forbid you to collect rents on your property and make it illegal for you to evict tenants who aren't paying rent in order to get actual paying tenants in your property do you really own this property, is this really a free country?
One thing my husband and I never play with is the roof over our head..If anything gets paid every month its our rent. Luckily we didnt loose our jobs, but had we got the covid unemployment + stimulus payments our rent would be the first thing paid.
My landlord owns 7 units in three locations, 3 where I am. She informs me that I am the only tenant in ten years who has ever paid rent on time every month. I've been here for 18 months. At the present she has three tenants who have not paid in a year, two who are over six months late with their rent and one who is three months late. She has informed me that she has put all her properties up for sale and she showed me foreclosure notices from her bank for all three properties. The bank will take the first property in March followed by two more in April. Her only source of income were the rent from those properties. She has since taken a job as an assistant manager in a hotel. That pays $30,000. She has $600 left in her savings and since she includes utilities in all the properties she has a $1500 a month utility bill. She sold both her 2016 Jeep and her 2014 Camry and bought a 1993 Quest. Her own house is up for sale and she expects to declare bankruptcy soon. She is 72 years old. She is a nice woman who treats her tenants well. According to Zillow my apartment should rent for $1100 a month. She charges me $700. The new landlord will most likely raise my rent accordingly which will eventually put me out of a place to live because I can't afford that even when I'm working. The moratorium on evictions won't last forever and my unemployment benefits will come to an end before March 1 meaning for the first time in my 61 years I will fall behind in my rent and I won't be getting the vaccine until summer according to local doctors. All they had to do was to ban foreclosures on rental properties but they only banned foreclosures for homes lived in by the owner. After this month I will have to pay my own utility bills with $0. So I will be losing my electricity. I will then have no way to keep my prescriptions refrigerated here in Florida. I'm diabetic.
Truth is deferred payments on mortgages are delayed, but deferred payments are provided with a balloon payment due and payable for the (full) balance on the loan. Banks are a business and the homes will be resold to another.
You need to call your local congressman and show him or her this paragraph "the squeaky wheel gets the most grease". Also, contact your local news channel perhaps they would run a story on this predicament of tenant and landlord.
Please visit your local family success center. There is renters financial assistance across the state available now. All you need to do is show up, apply, turn in documentation they ask for.
This is ridiculous! A lot of people were making more money off unemployment than those working! This pandemic showed how weird this country is and how unhelpful the government is to the working class!
Renters need to pay what they owed to landlords, end of story. I don't care if we require a payment plan or something, people are not entitled to free housing especially if they still have jobs and working from home. So many stories coming out of these WFH couples who refuse to pay rent and then plan to move out as soon as rent moratorium ends, leaving the landlords high and dry. This is grand theft, period. If they refuse to pay, then those people need to go to jail.
@@fishahollic7735 Wow way to wear your insecurities on your sleeve. Why are you this bothered with a black woman being called stunning? Can black people only be complimented because of white guilt? Jeez this comment is really telling of how horribly you view race relations
@@trainwrecktoldya5298 ...Before Covid ...The excuses why the tenant can't pay rent: I'm waiting on my income tax return, my employer held back my check, Gov. Whitmer gave me a free place to live, your check is in the mail, I had to buy Christmas presents so no rent in December, and my boyfriend stole my money and he won't give it back.
@@BobTheBob647 ...Rules and regulations of Eviction Moratorium find it on Google. This law has been in place since the 1918 Spanish flu. It makes the landlord responsible for sheltering the tenants rent free until the moratorium is lifted. Afterwards, the tenant is to pay all back rent.
@@gloriahanes6490 As a long time landlord, the number one excuse by far for not paying rent is car related "I had to make a car payment" " I had to fix my car" excuse. Maybe I am just weird but shouldn't paying for housing take more priority than paying for a vehicle unless your planning on living in that car.
There are tenants who can afford - and did prior to the pandemic- that use cvd as an excuse to get out of paying rent. Stop kicking the can down the road. These “slackers” are going to be kicked out eventually.
Landlords are not renter’s parents. They shouldn’t be the one have to cover renter’s rents. That’s why our society is so screw up because the governments always make laws favorite the poor and rich, but the middle income who works their butt off and pays their taxes on time will get zero rewards or helps.
So be smart play there game i got a 11$ a hour Job when they cut off the extra 300 a week then quit my job when they resumed it cause i get paid 836 every two weeks from unemployment rather then what i get from work
@@katherineirving7189 lmfao im not a loser im collecting 836$ every two weeks from goverment and reinvesting it and useing a sliver of it to pay my bills. 😂😂😂😂😂😂😂😂😂 since i am unemployed and qualify fir it dont get mad cause i use the system to my advantage its better then working 40 hour weeks knowing my dollar and that I'm working for is going to waste and being devalued work smarter not harder cupcake
@@katherineirving7189 the working class will never get ahead in life until they learn to 1 live off of less 2 learn to invest more and 3 use the system to your advantage and 4 happiness now means pain later life sucking now means happiness later if u invest . see I'm always poor cause i reinvest every dollar i make and u cant tax a income twice first off because unemployment is not taxed where I'm at not on a state level and two it comes from my employers not from me and three plus biden passed the law i dont have to pay federal taxes on 10200 of unemployment benefits plus none next year and trump was gonna forgive everyone's unemployment taxes so ya haha i won again .
Why are people worried about why people own and rent property, landlords are not responsible for paying tenants rent. Renters need to communicate to landlords about their situation. No human is responsible for another human failures. When we fall we can not sit around and complain, we have to get right back up and find a way.
the law of high risk high reward applies to these landlords to be honest. That's why dave ramsey always says that the advice is always, if you can't pay for your rental property on your own if you lose your tenant then you shouldn't do it yet.
Exactly, these people took on more risk than they could afford to do. It's like the stock market, you don't put money into it unless you can afford to lose it.
I know a few people that are struggling to pay rent. The property owners that have already owned the property for years aren't as concerned. The ones that pay a second mortgage are getting hit hard by this.
I would so love to feel sorry for these folks. But I've been gouged and evicted and stuck in a car because those small landlords went to AirBB in pursuit of every penny they could squeeze. I'm sorry, but my heart is three times too small to feel your pain. You never felt ours.
If it's their property, arent they free to do with it what they wish. If's an investment - not to give free room and board for those receiving Stimulus and unemployment, and still not paying rent.
@@quaithom3138 Of course, they are. It's Capitalism, the way it works. They should be paid what they are fairly owed. Nobody deserves a free ride. But I am 69 years old, have owned 6 homes and I have never met a landlord with a heart. jus sayin, dear.
Air B n B is a ripoff scam that has driven up rent prices from a housing shortage. Air B n B stayed running through Covid which was odd. Smartest comment good observation.
This is an easy fix. If a TENANT was effected by COVID and can prove that they were the Government should issue them a HUD Rent voucher. For those that were not effected and was not paying their rent trying to cheat the Landlord should be prosecuted to the extent of the law
YEAH THEY RAISED RENT SO HIGH THE PASS 3 YEARS. MIDDLE CLASS AND POOR BARELY CAN PAY.ITS A DAMN SHAME. WHAT HAPPENED TO MAKING AFFORDABLE HOUSING FOR FAMILIES. THE HOUSING MARKET WILL CRASH. I HOPE THEY DON'T GET A BAIL OUT. ITS JUST GREED GOING ON.
You do know that a lot of thay is due to rising property taxes, rising insurance rates, and retrofitting due to environmental legislation right? Thank your politicians.
You think rent's high now wait till corporate real estate takes over unlike the little ma and pa outfits who rarely raise rent to cover higher taxes and insurance cost . Corporations do market research and if the rent goes up in a generalized area your rent's going to go up to match it because why would they rent something for less if they can make more money on it. Where most of the little guys are wanting long term renters that rent 5 to 10 years untill they are able to purchase a home of their own
When these landlords lose their properties, the large corporations are going to snatch them up and turn them into "luxury" rentals that most people cannot afford, which will exacerbate the problem.
Foreign companies as well, I see a lot of that here.. not even Americans
But my question to you would be, if the middle class is all but gone, and poor people never did have anything, and the wealthy are only supposedly 5% of the population, who is going to be able to, or willing to rent these luxury rentals.
@@joyn6654 Rich foreigners, lol.
Rent will become to high for Americans.
so that is really part of the plan
No politician should get paid until the American people get the help they need
1000%
That will happen about a quarter to never
Why should servants get paid more then the people they work for anyways ?
These idiots act like this is all ok, and right.. Like they dont realize whats going on. The sad thing is that folks believe this bull malarky going on.. THIS IS ALL OVER A LIE.. AND WHAT THEY ARE DOING IS BACKWARD AS A BUTT!
IT AINT RIGHT!!! THE ONES MADE EVERYONE SHUT DOWN OVER THIS STUPID LIE, AND MAKING FOLKS SIK, DEAD, AND CUT OFF FROM OUR CREATORS EL OHIM ON PURPOSE, SHOULD BE FOOTING THE BILL...
THEY MADE FOLKS CLOSE FOR A LIE.. (The things sposed to protect folks cause more sickness and death than the convids.. It was actually just normal stuff killin folks, and misdiagnosis, and wrong treatments..
Until the stuff they are puttin in folks now to supposedly protect them. It is way worse than anything ever been hoisted on folks before. AND THIS IS SHORT TERM. FOLKS WILL BE CUT OFF FROM THEIR HEARTS AND MINDS LONGTERM (Word is folks are already complaining about that?) .. Theyll be ZOMBIES LONG TERM.) THEY ARE SPOSED TO BE FOOTING THE BILL 100%.. If they wont allow folks to work, even if this was real.
This aint near about right, they know it, and these folks know it.t.. THEY ARE PLAYIN FOLKS FER FOOLS, AND SADLY AINT NOTHIN FOLKS CAN DO ABOUT IT. Even if they realized it.
This is the foretold "final roman horned beast kingdom" in the holy books raising its ugly head yall.. AINT NO SUCH THANG AS NO NEW NORMAL. IT ALL GOES DOWNHILL FROM HERE TIL THE END..
YAHSHUA THE CHRIST IS THE WORLDS ONLY SAVIOUR. BUT FROM NOW TIL ARMEGEDDON.. ITS JUST GONNA GET WORSE AND WORSE DOWN HERE.
PREPARE NOW WHILE YALL CAN!
@@aaronwalker8847 it's a bitter truth
They should freeze the tax that the landlords have to pay as well. Let's see how long the moratorium last then....
Tax and insurance bills were due as usual.
When I filed taxes this year, there was no rental income to pay taxes on, so the Government lost out on tax money and I got to file at a loss. So the Government shots themselves in the foot.
Given cities thus states depend on taxes...😐
*lasts
@@dtyallen9864 *government, shoots
My landlord is a single working mom so I pay my rent properly since I am working. It would be unfair to make her worry about another thing.
You are an honest person. I commend you.
Glad you are working and able to pay her, many aren't...I wonder if she would be as considerate about you if you were in a worse situation...
@@rocksvids08 I told my tenants when this crap started to call me if they couldn't pay rent and I'd take care of it. I'm not rich, but I can cover the mortgage without tenants for about a year because I'm not over leveraged (because I'm not a greedy moron). My tenants said "thanks" and then never missed a payment. I'm glad they're still in good shape financially, but I'd have bailed them out if they needed it. That being said, lots of landlords went out and got investment properties without considering the risk (every investment has risk), and now when the risk comes knocking, they whine to the government that it's not fair. F that. Why do we reward stupidity and punish responsibility in this country? If you were dumb enough to leverage yourself 9:1 in a bull market because you thought nothing could go wrong, you should have to suffer the consequences no matter what that investment is.
@@ghostlyone2 Your comment makes no sence! I'm a landlord without a mortgage! I never signed up to give free housing. I understood the risk and tenant/landlord laws!
The problem isn't being over leveraged. The problem is this bs started back in March of 2020 and the govt keeps extending free rent for losers.
I'm furloughed this week and will get paid more than if I was working. Last week I worked 37 hours and will get the extra $400 unemployment. Clearly have enough funds to pay. It's just losers are choosing not to pay!
@@anniealexander9616 Well, are your renters paying? If not, like most things, I suggest you go do your research. Evictions are still happening under the moratorium. If you have a "loser refusing to pay", the normal eviction process still works. If your tenant is experiencing hardship, they owed you some paperwork declaring and evidencing their hardship.
Edit: a word
I hate to sound like the Evil person here, but all the gov did when it allowed renters to suspend rent payments was to create a stimulus paid for by landlords, thus avoiding the bill itself.
Of course. But small business loans that don't go to small businesses keep getting money.
Most properties qualify for mortgage forbearance though so landlords aren't paying either other than maybe property tax.
@@libertysprings2244 Wrong, interest on the mortgage is building up, like crazy.
@@libertysprings2244 . Forbearance is not a good idea for rental properties as you will be required to pay in full after so much time. Small landlords are not your mommy and daddy and should not be housing people on there dime
If you Google, "Rules and Regulations of Eviction Moratorium". You will see it goes back to the 1918 with the Spanish Flu. Even then it was the responsibility of the landlord to allow tenants to reside "rent free" until the pandemic was lifted. The rent due and payable once the pandemic was no longer a threat.
They've going to swoop in and buy everything for pennies.
That's part of the plan! Biden just lifted a bill which now allows state and local governments to buy land for "conservation ". Gavin Newsom just also signed a bill allowing the state to be able to buy foreclosed properties.
@@INSIDETHEMATRYX last time the government bought it and sold to big guys in lots. Hopefully Biden will do what was recommended last time and make those properties available at discounts to individual homebuyers.
@@jessicabixler1658 unfortunately they will turn many of those properties into "affordable housing ". It's going to be harder for alot of people to become home owners. State governments dont want homeowners, they want renters to rent from the state. In Seattle they have zoning laws which make it illegal to own single family homes. Shits crazy.
@@INSIDETHEMATRYX Seattle’s (actually Washington’s) Bill disallows single-family only zones. That’s very different from prohibiting anyone from owning a single family home. That would be terrifying though. Fearmongering is what has the US in such disarray, we must be diligent in checking facts before spreading news.
@@buckbiro if you are disallowed to own a single family home in the city limits then you literally are not allowed to own a single family home. I guess I should have been more clear about that. I'm not fear mongering, I'm just stating facts.
Okay the tenant that hasn't paid a single dime to that lady since March 2020 who just wants to sell her home. Come on. If they aren't paying rent for almost a year they could've saved up something to give her or move out themselves. They're taking advantage of the situation.
Yes, they are pocketing all the unemployment payment and not paying even a dime.
The people living there are probably on government assistance.
Some are taking advantage of this crisis by not paying rent when they could--and should. But payment due will come later down the road when they will rent somewhere else--or at least try to rent again. Even with bad credit some landlords will rent to those who made an earnest effort in paying rent during the pandemic but for people who just REFUSE to pay one dime some will discover what it feels like to have the moon and stars for a roof.
So what happens when the landlord loses the home to foreclosure because they can no longer afford the mortgage or taxes? What does the bank do with the tenants?
@@plantlady1227 , that's a great question I would guess many have to ask themselves. I think...THINK...which means I am guessing 🙄, that is a conversation between the new owner/bank/and lease agreement with whatever mandates local government leadership declares per the needs with the pandemic.
I'm glad to see that someone is finally covering this fiasco.
Truth is the government provided a quick fix with no concern for the landlords or the tenants who will eventually be evicted.
passing another 30 billions ?? Why not just waive the property tax temporary during the pandemic ? It help both the landlords and the renters.
Lmao the govt always gets paid first. It doesn’t care about plebs
So you waive the property taxes. Now you need to pass another stimulus to cover those missing taxes. Property taxes are going to local schools, roadways, etc.
They are doing everything to get the landlords to walk away from the property they own. They will never waive taxes (in most cases that does nothing when the landlord pays renters utilities (and is forced to continue even if tenant hasn’t paid and is not paying his rent for months now) who’s going to payback that money? Renters don’t have 2 nickels to there names (at least not on Paper) TRY to get them to pay back months of rent they owe. It will NEVER HAPPEN) landlords could at some point get right to sue them back but they will be long gone and the costs of hiring an attorney and long battles in court will sooner kill them especially considering most landlords are elderly that have bought a building in hopes of using money as a retirement fund) The government has turned the hard working blue collar man that scraped every penny and invested in an investment property into homeless beggers!
Landlords are starting to walk away from properties that they have because not only are they liable for taxes but also have to keep paying the bills for gas and electric and water. Many people have utilities included in rent and are living a care free life while landlords have there credit and life’s savings destroyed. Years of penny pinching and saving to be able to retire and now they are left with nothing!
Complain to Republicans.
reconciliation has to be revenue neutral so Biden and Democrats only has two trillion to play with. Someone is getting left out, because Republicans aren't going on board with any renters assistance at all.
You did see 600 billion package Republicans want? No amount of negotiating between $600 billion and 1.9 trillion is going to get you more renters assistance.
Home owners can’t collect rent,courts are closed so the government should suspend mortgages let’s be fair here 🙏🏾
Our courts never closed. They just don't do evictions for non-payment if the tenant has a reason due to COVID. Any other reason is goes forward.
Well Said
That's tricky because the tenant can lie when they fill out the CDC form and there is no investigation or prosecution of them.
Yes, we middle class work extra hard to get ahead in U.S., the government seems to punish us in every way.
well you’ve had a good run. There is always the third world to escape to.
FACTS!
Only the Democrat Party punishes Capitalism just like Hitler did!
Keep voting those idiots socialists in office. The worst is yet to come.
Work is always punished, If you want rewards need to quit and become dependent on the government. Bonus if you become homeless you gain Super rights as citizen. Free food, free needles, free laundry service, Poop Pee anywhere, Get drunk in public, Litter everywhere, assault others, spit on officers. Financially Independence is Gov. #1 enemy and you will be punished for trying
If Government wants to help renters, it should pay the landlord directly. Denying landlord’s rights to his/her own property is unconstitutional. Government cannot put its burden on small landlords. This eviction moratorium should STOP
So...we should turn to having millions of families, kids roaming the streets and homeless through the winter? That logic is void of any type of humanity.
It's at the top. Mortgages...bankers. they're the one's putting the squeeze on. They're the ones who need the "pause" button implemented.
@@lawerancelanham Not really. There are hardships to both renters and landlords. And if Government wants to pass its burden on landlords, forcing eviction moratoriums, then it should also force moratoriums on paying Property taxes, mortgages and Any landlord responsibilities. Else, how does it stand with your logic of any humanity, where landlord who has worked his butt off for that property is losing it, because Govt. wants to renters to live for free?
This is just hijacking of property. State sponsored squatting. Anybody that thinks that the renters will have a bucket of money to pay back the landlords, well that's just silly.
We should have a class action lawsuit against the government, fight all the way to the supreme court, let the high court say if this is constitutional.
Government Is too big, have their sticky fingers in everything. This admin. Sucks hard while they fake pretend to care!!! B.S.
I think the CDC issued the moratorium without any discussion with the landlords, making them into impromptu homeless shelters, the CDC should also be responsible to reimburse the landlords for all of the missed rent.
lol, no
Agreed
That's the problem
The CDC
Exactly. Impromptu homeless shelters. Without compensation. If all these people want renters to not have to pay their rent then pony up the extra tax dollars to cover it.
Let's not act like a temporary suspension means these tenants won't have to pay! When things are up and running they will have to pay! There are no winners except the uber rich and big businesses!!
The sad part is these debts are never gonna be paid, Its game over for the landlords
I pray for everyone struggling right now. We all need more help!!
Once again Wall Street gets their pound of flesh while everyone else is squeezed. Forbearance doesn’t really help because it binds your credit and ability to reorganize your finances. Suggestion: Make Wall Street take a moratorium on receiving payments WITHOUT hurting the landlords and mortgage holders. Wall Street already got $4.5 Trillion in the first round of bailouts. Their greed has no limits.
Blame wall street when it was actually the fake news tv show media that destroyed people's lives and the economy
Wall street would be the ones who would be the most logical to take the brunt of the hit. They have income and will always habe income even when most of the country is shut down which means any loss taken will be paid back immediantly when the country is spending normally again but that's probably not going to happen because they got rich off political lobbiests who built all their power by rigging things in wall street's favor
@@geekedmaxx no. Wallstreet can pay with no politics involved, and not onlt fan they pay the money will just recircualte right back into their pockets just as long as they didn't maintain their multimillion dollar spending after covid
@@geekedmaxx Wallstreet litterally gets rich of our spending. The less we spend the less their stocks meaning anything and when they hoard during recession we not only spend less but we cover less essential costs company's provide at cost. Which again, will hit us all and then wallstreet when outercountry has enough shares inside to dictate how we Iive that's a part of the idea of trickle down economics
@@WhatHappenedIn-vt3vq whatever
This is why we sold our rental house last year. It had been a home we lived in, then we moved so our daughter (4 at the time) could be closer to the hospital her treatments for leukemia. We tried selling that house in 2008 but couldn’t during that crash. When our last tenant moved out and we sold it immediately. A family owns it and we no longer have the headache of trying to get a good tenant. It was too risky for us in the pandemic.
I wish you the best and hope your daughter recovers quickly from the cancer. That is really sad.
Prayers to you and your family. 💕
My landlady is a dear sweet 72 year old woman with 7 tenants at three different properties. three have not paid rent in a year, two have not paid rent in more than six months and one is 3 months behind. She informs me that I am the only tenant who has paid rent on time every month in the ten years she has had rentals. At the end of this month I will lose my unemployment benefits and will have zero income to pay rent. All my landlady's properties including her own home are in foreclosure. She has had to go back to work for the first time in almost 20 years and is now an assistant manager in a hotel. All her properties include all utilities in the rent. According to Zillow my rental unit should rent for $1100 a month. She charges me $700. I can't legally work because I have multiple underlying conditions and the governor has issued an executive order requiring me to stay home because of it. So no work and no income. All her properties including her home are going up for sale. My next landlord will most likely make me pay my own utilities and I don't have the $250 deposit for the electricity which means it will be shut off and I will no longer have a way to keep my diabetes meds cold. All this because they excluded landlords from the moratorium on foreclosures.
The only good news is that my landlady invited me to be her room mate since she has to rent now herself due to selling all her real estate.
Truth be told, it is (not) a good time in history to be a landlord period.
@@gloriahanes6490 Im selling my empty one and keeping one with a good section 8 tenant
This is what they mean when they say you will own nothing!! And to think when the moratorium expires the rent will be due in one giant payment!!!! You think the homeless problem is bad now, you ain't seen nothing yet!
I work for an agency who represents many landlords frustrated by tenants who are refusing to pay not because they can’t pay due to loss of income, but because they simply do NOT want to give up any part of the stimulus package or pandemic unemployment assistance they’re receiving. Even further, they’re refusing to go to work until the extensions on the extra pandemic funds paid on their edd claims run out.
Those who are refusing to pay them are in large part, those who received very large stimulus payments AND pandemic unemployment assistance, combined with extended benefits. In one case alone, just one person went from an income of $500 per month to $2900 per month, (for a grand total of $18,000 in 2020 from edd alone, single w/no kids) and has paid the landlord a grand total of $20 in almost 2 years.
Nearly every landlord I’ve spoken to was willing to work with tenants who wanted to pay as much as they could. Especially those who used their stimulus and increased unemployment benefits as they were designed to be used: to help ease the burden of obligations building up by the lockdown forcing people out of work. Some people took advantage of that in order to use the system to get a years free rent from an unsuspecting landlord. It really is sad. Because it means in the future, a lot of people will NOT get help because an owner can no longer trust people.
A lot of good people are getting hurt, and a lot of bad tenants are getting away with this without penalties. It’s so sad...! I’m glad I’m part of making sure justice is served!
edit: I had the numbers wrong. EDD was paying $600/week. End of year statement was $18,000.
And the government is taking their sweet time..... They don't care!👹👹👹👹
Sweet time with what?
@@usernumberinfinity4090 relief for citizens rather than just relief for cooperate entities to buy back their stocks
I have a family member with two rentals that he owns. He's still collecting rent and he was able to put the homes on the special forbearance offered by the bank due to covid. He's basically collecting rent and not having to pay his mortgages at the moment. Free cash flow. Not sure what this video is talking about. I guess some banks are not as generous.
@@MH-ru8he depends on your state and county, not just your bank.
The government never cared.
So if people don’t have to pay their rent why do mortgagees have to pay their mortgage? This is an easy fix if the banks quit being greedy
Banks are not greedy. You got that all wrong.. The bank loans money to make money. Should the banks stop collecting on car loans? Or credit card bills ? Hey how about the grocery store stop charging for groceries while we are at it.
@@toby4041 she's also ignoring the many other costs i.e. taxes, maintenance, insurance, etc..
You're a fucking moron.
Banks are loaning the money from their deposits. I assume you don’t have money in the bank. But if you do are you okay with them saying “sorry you’ve lost all your money. We loaned it to people so they could buy a house. But we don’t want them to have to pay it as that would be greedy”
News flash moron: expecting someone to PAY BACK MONEY THEY BORROWED is not “greedy”
@@codycast u think I’m saying nobody should ever pay back a loan. Ur answer tells me more than I need to know about you sweetheart
I wonder why media rarely reports on the enormous homeless situation in every town and city across the nation?
Who pays for the major news networks? They're all basically propaganda outlets for the oligarchs 🎩🧐💵
@@everythingisfine9988 That is the truth oligarch families run the government and control corporate conglomerates.
It's clear that they don't want to provide health insurance in the U.S. like all other countries because it's easy to exploit desperate people.
Because the human race is inherently Evil.
because they don't want a massive riot in their hands
all races and beliefs coming together, they want us to bicker with eachother
Just like before, you go and help mom and pop and the big business shoves their way to the front.
My parents are apart of this and didn’t receive any help with all the grants being given to landlords. They are struggling while still being empathetic towards their renters
Yep while a lot of the big guys use every loophole they can
This is a bump in the road and your parents will recover, you do not need to let this situation stress you for in times such as this pandemics are out of our control.
I have a house that I’d like to move into, because I am essentially homeless. But the tenants in my house say they can’t leave or pay rent because they have no money or other living options outside of the street. So, as the landowner, I get pay the mortgage and they live in my house for free. Sound fair, right?
This is BS! A homeowner in a situation as dire as yours should be able to move into their own home. I certainly feel for folks that have lost jobs, but we can’t rob Peter to pay Paul here. If the government is concerned with housing the displaced tenants. Put them in Section 8 or a housing project. The government can share the cost burden.
It not sorry dude 😓
Pitch a tent in the backyard & do laundry & hang it on their windows. Park your cars in the driveway if it has one. Legally the renters are living in the home, but the property is yours. At this point, everything goes since the government doesn't want to help you. Im a tenant, but I've done the impossible to pay my rent & thank God I'm still paying it. My husband was furlough for months & I tapped into my savings to pay rent, grilled more instead of using my stove. Bought solar lights & rechargeable batteries to lower my light bill. Went to food banks or dollar stores for food & household items. Times are hard for both sides. Landlords are not evil, neither are tenants. We're all in the same hell.
Google, "Rules and Regulations of the Eviction Moratorium". This situation has been on the books since the 1918 Spanish Flu pandemic. You will see where it states the tenant resides "rent free" until the pandemic is lifted. Once the threat is over the tenant owes the back rent to the landlord.
That’s bullshit ..
Better to leave a rental unit empty at this point. Too many scammers and the courts are backed up for at least a year in certain parts of the country. No way am I moving somebody into my place when I have absolutely no way of getting them out. I've been through that and thanks God I got rid of my nightmare situation....never again
Yup you are 100% right. Don't rent anymore to anyone. Just sell the property and get some money. The government has too much control over this business at this point.
you have plenty of ways to remove unwanted renters from your property....turn off the heat during the winter months, turn off the electricity, change the locks on their apartment doors, put bars on all the wndows. Place them under arrest for trespassing and let the courts which are on Covid layover deal with them when they go back into session. Isn't that why we have all these detention centres in every city.
The great reset has begun. "You'll own nothing, you'll be happy "
You are gonna feel so stupid in four years when literally nothing has changed for you.
@@Hannah-zw9ow So the issues with housing, stock, inflation, eviction, income disparity, clean water, wildfires, manufacturing, student loans issues are non existent?
@@starscream6629 what she’s saying is that there will never be systemic change like a “great reset” although I think it would be interesting, I don’t think anything is going to happen.
@@Hannah-zw9ow They'll just think of some other horrible thing the "elite" are going to do to us.
It doesn’t matter if the landlord is rich or mom and pop set up, the government does not have the right to say a consumer can live for free off of you. Sorry.
But they just did.
They can and they did. Caveat emptor still applies when you are buying rental property.
amen
This is good. The Big Guy never makes a mistake.
Govt should send the landlord the rent.
If renters don't have to pay then neither should landlords.
They don’t. They have mortgage forbearance on top of the rent(er) moratorium. Landlords have it easier because the federal programs go directly to their coughers
Tell that scenario to your banks who hold your mortgages. Deferred payments are provided with a balloon payment due and payable for the (full) balance on the loan.
@@cuddlycuddlycactus2999 only if tenants agree to sign it over
@@cuddlycuddlycactus2999 only if the mortgage is federally backed. Even if the landlord qualifies for mortgage forbearance many banks are not tacking it onto the end of the mortgage. The banks are allowing a few months reprieve with interest culminating and all missing payments due all at once.
@@arcsindiva5932 noooooo. Go to the gov website. All rental assistance is given directly to the landlord. This is a fact. Not an opinion.
OPEN THE DAMN COUNTRY!! Lift the rent moratorium and boot them out! It's not fair to the landlords.
Yes, thanks , I am in Tammy ‘s situation- people think 🤔 just because you have property you have money/ My bank extension ends this February/ due to tenants not paying/ I will be fighting to stay out of foreclosure/ 🙏🏾🙏🏾🙏🏾
Then don’t own property and be the most fraudulent occupation you can be in America.... A landlord
I’m sorry this is so frustrating to hear these stories from landlords. My parents decided to live my sister to help with her kids and rented their house to a seemingly nice couple that turned out to be very aggressive and belligerent they started the eviction process right before covid hit it delayed the eviction for 11 months and the tenants didn’t pay a dime for 13 months total my mom was also furloughed from her job and was barely scrapping by due to paying for 2 homes. Her mortgage only offered 6 month extension. I’m not sure what State you are in but there are class action lawsuits being started for the lack of help the government has provided check out landlords associations for your local area. The government has no right to force citizens to give up private property like this. I wish more renters where aware that landlords are not the enemy it’s our governments response to this that is the problem.
Luke do you own property? Most landlords are not the problem the only reason that rent keeps rising is due to higher taxes and repair costs and the risk of bad tenants. Most landlords I know all work part time but most full time
@@luke40531 That's a ridiculous statement.
@@kirataylor4981 Dont forget higher property taxes too.
What's sad is, nice people will leave and go back with their parents or become homeless. It's the nasty people who'll exploit this free rent the most..
Freaking covid!! This pandemic exposed the weakness in our economy and how many people rely on daily work to be able to provide a life for themselves and their families. May the force bless those in need!
Incompetent government
Long live the Empire
@The Logic Party with our current system in place nobody would every have children
@The Logic Party well, in a way you are trying to control others lives. Its been over a year now with the pandemic so "having a year of savings" is no longer reasonable. What if our economy crashes and our dollar collapses? Than the money you saved for a year is worthless. No matter how much you plan and save for life can still hit you hard. Nobody expected a pandemic and nobody is realizing we are on the verge of a financial collapse. How many Americans do you think its prepared for hyper inflation? I just wish our politicians would get out their feelings and work with us to fix the debt crises and many other flawed systems we have in place.
@Shep Proudfoot how tf are you being an insane conspiracy theorist but actually right about how capitalism just makes you a wage slave in the same comment? Are you insane or work pick a side lol
So many loop holes renters can use to really abuse the situation. You can’t trust anyone out here! 🤦🏻♀️
Many are making more on unemployment than when they were working. No reason rent should go unpaid in those cases.
unemployment benefits are going to be only 52 weeks, 1 year and then its based on a percentage of your last payrate. If your working and still haven't got the money for rent, how is unemployment going to be better when your getting less money.
The solution would be, not allowing banks to foreclose on properties where an owner cannot make the payment due to the corona virus crisis, oh, wait!....it doesn't work that way, I forgot that most politicians have their money tied up to bank businesses!.....Sorry, my bad!!!!
Time For Biden to Tax Corporations and The Rich !!!
Keep dreaming...don't lose your home
LGTV Stick AGREED!
What were you thinking?
$1.9 Trillion means tested "stimulus" could have paid that missing rent 33 times over. It is not a case of "we don't have the money". It is a case of the owners of this country don't want to actually take care of the people.
Owners? What happened to We the People.
Sounds very intentional to me. They know how this is hurting landlords. They don’t care. If you go into foreclosure then they have their team ready to snatch that property up for pennies on the dollar.
Then the owner loses and the tenant loses. But the bank and the potential new owner WINS!
They did this back in 2008 when the housing market crashed as well. Have fun everyone. You voted for this.
Exactly. Im glad someone else understands.
This is why California Governor Gavin Newsom passed an executive order to make it easy for California to purchase foreclosed properties it's the great reset
Speak for yourself. The guy and people I elected are actually fighting to help renters right now, directly.
It's the Republicans that voted for this.
@@meoff7602 you need to wake up and really see what is going on!
@@cindy1766 "Wake up" is a meme for stupid people. It's the original "fake news".
Here's a classic for you.
Go back under your rock.
Other countries are so much better run than ours with free healthcare and housing. There are people who live off government housing and do literally nothing. Why are people who are working and doing something in society unable to afford housing???
@Daniel Rodriguez simp
Wages have not caught up to increased living expenses. $15 minimum wage increase means people can now afford to rent ... in 1995. 😢
Because they haven't sacrificed and worked hard enough.
I'm a democrat but california is ridiculous by not helping landlords like myself. Everyone assumed we landlords are rich, hell no, we need help too!
How you could vote for a democrat is beyond me The only good one is Tulsi Gabbard, and she's quitting
@@davecurtis8765 Joe Machin seems okay too. Right now he is the only thing standing between AOC, Bernie Sanders, and Kamala Harris turning this country into Venezuela.
Have you seen prop 19. The middle class is doomed.
Due to the pandemic, everything is going as planned.
Plandemic
@@dianegarcia7108 there was a pandemic, but the way we handled it hurt more people than it helped. I don't think the lockdowns did anything to slow down the virus, if anything it might have made the infection and death rates worse.
Please also consider that SOME tenants chose not to pay their rent even though they were still working, using Covid exposure as a convenience -- and getting loads of unemployment cash. Not fair and not just. Those who abused the honor system need to be held accountable. Period.
KUDOS 👍
Indeed
Why doesn’t the government put a freeze on mortgages for property owners in need?
because freezing mortgages means banks and government will lose a lot of money, whereas sending a 30 billions dollar stimulus package to god-know-whom as virtue signalling is a more appealing option.
Because banks are their own country.
Banks have power, landlords do not. Besides, they did not think anything through, of course.
My dad has a townhouse whose tenant is on retirement he receives monthly checks and he is currently living in Nigeria since February 2020 and it’s it now February 2021. He refuses to pay rent and he violated his lease by renting
to others who are not on the lease that he put in the townhouse. My dad pays mortgage and taxes from that rent. My dad is a senior citizen and uses what
little is left over to help pay for his insulin which is very expensive. This is not right. Every case should be treated differently with the eviction cdc 🛑. It’s not that my tenant can’t pay he chooses not to and is taking advantage of the situation.
Little off topic, but look into insulin savings program. It shouldn't be costing him more than $30/month for insulin in 2021.
@@johnyracercat levemir 5 flex touch pens cost $463 with GoodRx. Novalog flex touch costs in that range too.
@@HelloSherry37 I specialize in Medicare Insurance in TX. It should not be more than $30 now through some of the Medicare plans. Im assuming he's old enough. I would have to check specifics though. There were changes made for 2021.
@@johnyracercat I will check it out it would be a really great help if it cost $30
If his lease says no subleasing (or that no one besides those on the lease can live there) it is a lease violation. this is a loophole to go get an eviction. REMEMBER just dont put on the paperwork that eviction is for money or court wont grant eviction. Only put down lease violation! it works because members of my real estate group have done it. Included in lease violations are pets. loud noise, destruction of property and calls from police. Get started NOW if any of this applies. CALL YOUR COURTHOUSE FOR MORE INFO ASAP
My wife and I worked hard for years to buy 5 rentals so we could live due to physical inability to work anymore as we are in our 60s with no family to help..and bank wants its payment..property is 3/4 paid for after 12 years of sacrifice..we did everything right why are we being punished..and nobody cares..were landlords were rich...our renters make more money than we do..
Ant there are some tenants who stopped paying BEFORE the pandemic, leaving landlords unable to do anything due to the eviction pause...
in the 3rd world people are still paying their rent.
You got that right! Think about this, let say a landlord started the eviction process in December of 2019 for two months of nonpayment of rent. The court date was in late March 2020 for eviction then the moratorium passed. There are landlords with tenants that have not paid rent in a year and a half!! That is just criminal.
This is exactly why I live in my car
Anyone can make a tiny home outta their car
Tons of ppl do it
Elderly ,disabled, and families should have a home without worrying about rent or evictions
The rest of us will be okay
We all need to stay in prayer for our most vulnerable, because they have a harder time coping
Offer help to everyone and stay in prayer
This is what God seeks
He wants ua to turn to Him
Where do you go to use the toilet in your car?...... in the middle of the night....... or if you have irregular bowel movements?
Where do you get your hot showers?
How do you wash your fresh vegetables?..... or do you just eat less healthy fast/processed foods?
@@jimliu2560 on point!
@@jimliu2560 他应该是天天拉在地上的吧
How do you keep warm in the middle of winter?
So renters refuse to pay rent so they can feed their families and don't lose their homes, leaving landlords to not be able to feed their families and lose their homes?
EAT BEANS and RICE
So it’s alright for landlords to invest into their retirement but now have to watch their investments get washed away because government says renters don’t need to pay rent???? How stupid is government. If you are unemployed they already give you an extra 400 a week?????
Revolutionary War was fought in part because of this.
It was called "Quartering"
So it's basically a way of preventing the government from having its citizens foot the bill unfairly, or something? I don't know. Please explain it to me like I'm 5.
@@ericventuroso3544
American Revolutionary War was mostly fought because of taxation.
But there was also a law the British imposed called the " Quartering Act".
It was a law where home owners had to by law house soldiers for the British with no payment.
What about the hundreds of people stuck with a bum that refuses to pay rent? What about those people? Rent needs paid. Period.
My home is paid off but I still pay taxes for my property. When the pandemic hit I was late 6 months on my payment due to a separation. I’ve tried reaching out for crisis relief because the city I live in is suing me. Within a year I have had two court dates for delinquent taxes and could loose my home for 6k in debt to the city and a disgusting 5k in fees for the law firm that the city hired. There needs to be more light shined upon this issue!!
Forgot to add that I DO NOT QUALIFY FOR ANY TYPE OF RELIEF or even a stop of interest that’s going to completely bury me in debt
Let’s keeps in mind the interest from both the city AND attorney’s office 🤬
Even before the Pandemic the government never gave hoot. My dad had early on-set Alzheimer possibility of dementia but for some odd reason was not applicable for disability. Tell me how can any person who can't remember where they put their mail, or frack remember they have the cat hold a job? Gov. didn't care took his house due to unpaid property taxes and shipped him off to a homeless shelter without telling us. When I say I lost my dad I mean it literally I-we-lost our dad. And the only sibling who could have taken him couldn't because the government told her no or she'd loose her housing. Like literally government doesn't care about you the homeowner. When it comes to it all they want is money.
God bless you. I hope you pull through. How about a low interest or zero interest credit card to pay it off? You're not alone. My mortgage has gone up $400.00 during this crisis. I tried to fix it with Fannie Mae. They DONT CARE! NOBODY CARES. We have to pull through somehow and lots of homeowners are suffering same as before ...this fuss over the pandemic is a joke to the bankers. They're still squeezing people and they have no conscience!
pack up and leave the house to the city, because in the end there is no way to beat city hall. You owe $6,000 in back taxes plus $5,000 in processing fees so how are you going to pay $11,000 to get the house back in your name.
I haven't received rent in 9 month's. My brother was telling me I should sign up to receive section 8. He has been getting his rent like clock work.
You should. I recently started when I had a vacant. It's a relief. Screen like you would otherwise, and even the income for what they would pay for their portion of the rent. Good luck!
Listen to your brother this is true if the check is coming from the state you are guaranteed a payment.
That’s all my wife and I do! Low income housing is guaranteed funds! I’ve been told that I’m not that smart because the houses i rent I could get 1300-1500 for but I get 850 a month for 2 and 900 for the other because the state only pays so much! Include all utilities and you will be set!
@@thein1990 i NEVER include utilities because tenant leave windows open with heat on, every room in house with lights on and brag about 30 minute showers. Section8 doesnt pay utilities
Even if they aren’t paying Don’t they have to move out when the lease is up? Also be careful when you rent to section 8 yes you will most likely get the rent but they may also trash yo house.
Put a moratorium on insurance, taxes, and mortgages! Done!
Exactly so simple
That means rental properties become homeless shelters. USA is now a giant ghetto. Im glad move out of USA 8 urs ago. I saw this coming after 08 crash.
@@aininja2477 good for you. Where did u go? What else do u see coming?
@@jonesboy332 deez nutz
@@ModalSoul in yo mouth
Real estate investing is not for profit now?
This sucks for owners. How is this legal? Owners are really struggling.
Not me. Due to covid everyone pays if they don’t they can still be evicted with a 30 day notice and a promo that I or a family member will be moving in. Or just go on forbearance
How come they can't evict the tenant but they can foreclose on the landlord? But how does they tenant get removed?
THEY ARE THROWING PEOPLE OUT IN HOUSTON,TEXAS MAY GOD HAVE MERCY UPON ALL MANKIND AND ANIMALS GREAT AND SMALL 🙏🙏🙏🙏🙏🙏🙏
I feel empathetic with mom and pop landlords. Because I used to be one. In many years my cash flows were always negative monthly. I had to work overtime to make it up. Hang in there!:-(
Without small landlords there would be only home owners and homeless people.
Without landlords at all everyone would have a home.
The rents to darned expensive regardless. Nobody owns their home, as they don't have the allodial title. You just paid 100-500k++++ or more. For a house you don't own, and have to pay on for life. That's renting still from the government. Not your allodial title, not your land or house. Everyone rents from someone the home owners from the government, and banks. The renters from landlords, either way its unrealistic to afford either.
What's wrong with that
Very true indeed. Especially folks being homeless. The majority of people in the u.s.a rents or rents to own, so it would be chaos beyond belief if there were no landlords
@@ymeekins6357 wrong. Homelessness would completely disappear.
Landlords are the ones who evict people for non payment. If all those homes were on the housing market, the price of homes would drop substantially. Especially if new homes were being built, something that landlords have an incentive to oppose, as allowing more housing to be built, especially cheap housing, undercuts their business. In order to keep prices high and maximize profit they have to keep the supply artificially low.
Renters. Enjoy it while it lasts. These small time guys will lose their homes to the big rich investors who have a lot of more and power to put you on the streets so milk it as long as you can
Rents will go up to New York and California rents.
Milk it???? That is evil... I guess you are not a believer in God repaying the wicked... But I assure u and everyone else who think stealing is okay there will be a price to pay... Eternity is a long time friends... And we are in the last days now.. So God says repent or perish!!!!! Its not worth it...I am begging you to change your minds .. Turn from evil while you have breathe in your lungs..
@@Yandel21ableify An unfortunate truth
@@lisabrickner6004 Thankyou! 👍
I've heard of starving artists, but never starving landlords.
You and the artist are both delusional
By Joe! Do you know how much they charge for their artwork?
That is because one works harder than the other.
People are behind on rent because they do not have to pay it. They get to live for free.
In future news: 'State coffers empty as landlords unable to pay property taxes, while population demands government relief checks.'
people shouldnt hoard. live within your means
Government should be sued for interfering with private contracts. It is theft plain and simple.
The renters are the enemy. 80 percent of the renters are abusing the system
Hmmm, 80% seems a little ridiculous. 😂
Speak for yourself. I pay my rent every month and used all of our savings to do so. And housing costs are more then half of most people’s income so stop acting like everyone is cheating the system, most people could barely survive before the pandemic. This was seen coming but nothing was done because the government hates giving the working man a hand up. I hand out on occasion but not a hand up.
@@GeneDexter I think he means that 80% of those "not paying "are abusing the system.
American Landlords should all ban together and file a lawsuit against the CDC
March 2020. Some tenants are getting over too. My neighbors don't work, and are not trying to work. Yet, they have money to spend on Marijuana.
We have a meth guy. He likes the free rent.
There will always be poor people around mentally and physically.
I’m so glad my grandparents sold there rental properties.
The renters don't have to pay rent so they don't. Yet the owner has to pay the mortgage.
This is why the government should not make it the responsibility of landlords to provide for the public sector, but this is exactly what is being done with the moratorium of evictions.
If the Government has the right to forbid you to collect rents on your property and make it illegal for you to evict tenants who aren't paying rent in order to get actual paying tenants in your property do you really own this property, is this really a free country?
Stop printing money, it is making everything expensive, for us who haven't received any checks, housing is becoming unaffordable.
Go ahead don't pay Mom and Pop landlords. One day there will only be corporate landlords and just wait and see how forgiving they will be.
So my tenant is not paying, yet I still have the mortgage. This is a problem.
One thing my husband and I never play with is the roof over our head..If anything gets paid every month its our rent. Luckily we didnt loose our jobs, but had we got the covid unemployment + stimulus payments our rent would be the first thing paid.
My landlord owns 7 units in three locations, 3 where I am. She informs me that I am the only tenant in ten years who has ever paid rent on time every month. I've been here for 18 months. At the present she has three tenants who have not paid in a year, two who are over six months late with their rent and one who is three months late. She has informed me that she has put all her properties up for sale and she showed me foreclosure notices from her bank for all three properties. The bank will take the first property in March followed by two more in April. Her only source of income were the rent from those properties. She has since taken a job as an assistant manager in a hotel. That pays $30,000. She has $600 left in her savings and since she includes utilities in all the properties she has a $1500 a month utility bill. She sold both her 2016 Jeep and her 2014 Camry and bought a 1993 Quest. Her own house is up for sale and she expects to declare bankruptcy soon. She is 72 years old. She is a nice woman who treats her tenants well. According to Zillow my apartment should rent for $1100 a month. She charges me $700. The new landlord will most likely raise my rent accordingly which will eventually put me out of a place to live because I can't afford that even when I'm working. The moratorium on evictions won't last forever and my unemployment benefits will come to an end before March 1 meaning for the first time in my 61 years I will fall behind in my rent and I won't be getting the vaccine until summer according to local doctors. All they had to do was to ban foreclosures on rental properties but they only banned foreclosures for homes lived in by the owner. After this month I will have to pay my own utility bills with $0. So I will be losing my electricity. I will then have no way to keep my prescriptions refrigerated here in Florida. I'm diabetic.
Truth is deferred payments on mortgages are delayed, but deferred payments are provided with a balloon payment due and payable for the (full) balance on the loan. Banks are a business and the homes will be resold to another.
You need to call your local congressman and show him or her this paragraph "the squeaky wheel gets the most grease". Also, contact your local news channel perhaps they would run a story on this predicament of tenant and landlord.
Please visit your local family success center. There is renters financial assistance across the state available now. All you need to do is show up, apply, turn in documentation they ask for.
@The realest unemployment running out March 1st and the rent will go up when she sales the property
Being a landlord isn’t a job
Hey let's send 200 million to Syria.
Oh hell no
We are sending millions to climate paris accord because we need another country to tell us how much fossil fuel we can use.
Top comment
Wait and see what happens after this. Rent prices will go up drastically!
@Rocky and some landlords will require people to pre-pay.
What a nightmare, I feel for these landlords!
Prayers for everyone this will get better and pay or communicate with your landlord this hurts everyone
Landlords should be sitting on tons of savings but instead they live month to month
“Robbing Peter to pay Paul.” 😂 I love this lady
Have you never heard that saying? My mom says it all the time, lol
@@lisaknight4986 i have just not in a very long time Güey jaja
@@lisaknight4986 very true. My mother always say this.
This is ridiculous! A lot of people were making more money off unemployment than those working! This pandemic showed how weird this country is and how unhelpful the government is to the working class!
This is what happens when you have people that still think hard work pays off and that they'll be millionaires one day. It's a rigged game.
Mom and pop landlords are in trouble
Wouldn't a wealth tax put on the 1%, pay for all pandemic issues. So many countries are doing this, to keep lifelines @ protect citizens
Renters need to pay what they owed to landlords, end of story. I don't care if we require a payment plan or something, people are not entitled to free housing especially if they still have jobs and working from home. So many stories coming out of these WFH couples who refuse to pay rent and then plan to move out as soon as rent moratorium ends, leaving the landlords high and dry. This is grand theft, period. If they refuse to pay, then those people need to go to jail.
This news anchor is stunning. This economy is so scary.
Why is she stunning??
Because she's black???
C'mon stop with your white guilt🤣😂😂
@@fishahollic7735 What are you talking about? I can’t comment on a beautiful woman. P.s. I’m black and I’m a woman. No guilt here.
@@fishahollic7735 ouch
@@fishahollic7735 Idiot
@@fishahollic7735
Wow way to wear your insecurities on your sleeve. Why are you this bothered with a black woman being called stunning?
Can black people only be complimented because of white guilt?
Jeez this comment is really telling of how horribly you view race relations
It's times like this I'm glad I live at my van I'll never rent or buy a house ever again..
Truth be told, it is (not) a good time in history to be a landlord period
It’s because the government basically said you don’t have to pay rent. Evictions exist for a reason.
I would never be a landlord. People are obnoxious idiots. I worked retail for 20 years. I'm done with people
@@trainwrecktoldya5298 ...Before Covid ...The excuses why the tenant can't pay rent: I'm waiting on my income tax return, my employer held back my check, Gov. Whitmer gave me a free place to live, your check is in the mail, I had to buy Christmas presents so no rent in December, and my boyfriend stole my money and he won't give it back.
@@BobTheBob647 ...Rules and regulations of Eviction Moratorium find it on Google. This law has been in place since the 1918 Spanish flu. It makes the landlord responsible for sheltering the tenants rent free until the moratorium is lifted. Afterwards, the tenant is to pay all back rent.
@@gloriahanes6490 As a long time landlord, the number one excuse by far for not paying rent is car related "I had to make a car payment" " I had to fix my car" excuse. Maybe I am just weird but shouldn't paying for housing take more priority than paying for a vehicle unless your planning on living in that car.
Sends chills down my spine, just awful!
There are tenants who can afford - and did prior to the pandemic- that use cvd as an excuse to get out of paying rent.
Stop kicking the can down the road. These “slackers” are going to be kicked out eventually.
That's no joke
I will not invest in real estate. People should have learned this 10 years ago.
Landlords are not renter’s parents. They shouldn’t be the one have to cover renter’s rents. That’s why our society is so screw up because the governments always make laws favorite the poor and rich, but the middle income who works their butt off and pays their taxes on time will get zero rewards or helps.
So be smart play there game i got a 11$ a hour Job when they cut off the extra 300 a week then quit my job when they resumed it cause i get paid 836 every two weeks from unemployment rather then what i get from work
Boo hoo.
@@lifesucksgetoverit5440 Loser!
@@katherineirving7189 lmfao im not a loser im collecting 836$ every two weeks from goverment and reinvesting it and useing a sliver of it to pay my bills. 😂😂😂😂😂😂😂😂😂 since i am unemployed and qualify fir it dont get mad cause i use the system to my advantage its better then working 40 hour weeks knowing my dollar and that I'm working for is going to waste and being devalued work smarter not harder cupcake
@@katherineirving7189 the working class will never get ahead in life until they learn to 1 live off of less 2 learn to invest more and 3 use the system to your advantage and 4 happiness now means pain later life sucking now means happiness later if u invest . see I'm always poor cause i reinvest every dollar i make and u cant tax a income twice first off because unemployment is not taxed where I'm at not on a state level and two it comes from my employers not from me and three plus biden passed the law i dont have to pay federal taxes on 10200 of unemployment benefits plus none next year and trump was gonna forgive everyone's unemployment taxes so ya haha i won again .
Why are people worried about why people own and rent property, landlords are not responsible for paying tenants rent. Renters need to communicate to landlords about their situation. No human is responsible for another human failures. When we fall we can not sit around and complain, we have to get right back up and find a way.
the law of high risk high reward applies to these landlords to be honest. That's why dave ramsey always says that the advice is always, if you can't pay for your rental property on your own if you lose your tenant then you shouldn't do it yet.
Exactly, these people took on more risk than they could afford to do. It's like the stock market, you don't put money into it unless you can afford to lose it.
I know a few people that are struggling to pay rent. The property owners that have already owned the property for years aren't as concerned. The ones that pay a second mortgage are getting hit hard by this.
I would so love to feel sorry for these folks. But I've been gouged and evicted and stuck in a car because those small landlords went to AirBB in pursuit of every penny they could squeeze. I'm sorry, but my heart is three times too small to feel your pain. You never felt ours.
If it's their property, arent they free to do with it what they wish. If's an investment - not to give free room and board for those receiving Stimulus and unemployment, and still not paying rent.
@@quaithom3138 Of course, they are. It's Capitalism, the way it works. They should be paid what they are fairly owed. Nobody deserves a free ride. But I am 69 years old, have owned 6 homes and I have never met a landlord with a heart. jus sayin, dear.
Air B n B is a ripoff scam that has driven up rent prices from a housing shortage. Air B n B stayed running through Covid which was odd. Smartest comment good observation.
so true
@Jacqueline Davidson Thank you so much.
This is an easy fix. If a TENANT was effected by COVID and can prove that they were the Government should issue them a HUD Rent voucher. For those that were not effected and was not paying their rent trying to cheat the Landlord should be prosecuted to the extent of the law
YEAH THEY RAISED RENT SO HIGH THE PASS 3 YEARS. MIDDLE CLASS AND POOR BARELY CAN PAY.ITS A DAMN SHAME.
WHAT HAPPENED TO MAKING AFFORDABLE HOUSING FOR FAMILIES.
THE HOUSING MARKET WILL CRASH. I HOPE THEY DON'T GET A BAIL OUT. ITS JUST GREED GOING ON.
Rent goes up when property taxes go up.
You do know that a lot of thay is due to rising property taxes, rising insurance rates, and retrofitting due to environmental legislation right? Thank your politicians.
You think rent's high now wait till corporate real estate takes over unlike the little ma and pa outfits who rarely raise rent to cover higher taxes and insurance cost . Corporations do market research and if the rent goes up in a generalized area your rent's going to go up to match it because why would they rent something for less if they can make more money on it. Where most of the little guys are wanting long term renters that rent 5 to 10 years untill they are able to purchase a home of their own