Black Rock is just sitting in the shadows waiting to pounce on properties that WILL foreclose because they are not Homesteads. Then Black Rock fills these properties with "The Unfortunate" at an above Market rate paid by the Government.

I'm glad they put a stop to this.

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Umm the stop was unconstitutional and he knew this when he did it... its making it way through the courts and his ass should be handed to him.

Thats not how this country operates

Sent from my SM-N975U using Tapatalk

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

The only way for any person in this country to get at the point of being evicted in Aug of 2021. Was those that are self inflicted and Covid played zero role in it other than allowing them to NOT PAY.

There's so much free money the government has printed no one should not be able to pay their rent. People were paid more than they made on UE than working. There's more jobs than people taking them and its been that way for months. Not only more jobs but jobs paying more money. There are programs helping those in the rears to catch up. A mother/father/child had $5400 in free money from the government, this year.

If they did not pay their rent its because they chose not to and to spend that money on other things. That sums up 99% of those "evictions"

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

maybe the people who own the property that have still been paying insurnace, property tax, utilities, etc.

Not all landlords are big faceless corporations.

(08-10-2021 01:00 PM)WKUYG Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

The only way for any person in this country to get at the point of being evicted in Aug of 2021. Was those that are self inflicted and Covid played zero role in it other than allowing them to NOT PAY.

There's so much free money the government has printed no one should not be able to pay their rent. People were paid more than they made on UE than working. There's more jobs than people taking them and its been that way for months. Not only more jobs but jobs paying more money. There are programs helping those in the rears to catch up. A mother/father/child had $5400 in free money from the government, this year.

If they did not pay their rent its because they chose not to and to spend that money on other things. That sums up 99% of those "evictions"

it’s all in the One Minute Manager….

….never spoil zee kiddies

@cantGetItBack

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  

(08-10-2021 09:29 AM)Danforth Wrote:  I'm glad they put a stop to this.

Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

No, no. Everyone that owns a rental property is disgustingly rich.

(08-11-2021 01:18 PM)Niner National Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

No, no. Everyone that owns a rental property is disgustingly rich.

That's apparently what lots of people think. I was just reading an article about this in my hometown paper. Property managers saying landlords are having to repair furnaces, etc with no rent coming in. These are single or two property owners, not some corp. They all agree what the CDC did was illegal. Lots of people aren't paying rent simply because they don't have to, not because they can't afford to. For other rentors, the HOPE Program is out there but has apparently been terrible managed/communicated.

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

A owner can invoke the same rules on their properties mortgage without penalty or interest. They can even move those payments to the back end of the loan. But they still have repairs and taxes that has to be done and paid. Most of the tax on our properties went up 35% this year and has to be paid in Oct.

If there's people living in a home and hasnt paid rent in months...

they not going to pay until you evict and sue. Then you have to wait till they get a job and you go back to court for a garnishment order. Or they are foolish enough to leave their money in a bank and you attach it.

Out of 75 homes when this started we only had 2 people that fell behind. They were long term renters and caught up. Took 3.5 months to get their UE started and They started to pay me out of pocket. I told them to first see if the government program would help them. It did so there's programs out there but I have a feeling most of these deadbeats...

will just move on after eviction and property owners will lose out and write it off

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  

(08-10-2021 09:43 AM)VA49er Wrote:  Put a stop to what? Private citizens being able to pay their mortgages?

Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

(08-12-2021 09:45 AM)Danforth Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  

(08-10-2021 12:42 PM)Danforth Wrote:  Mass evictions. What good does that do anyone?

Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

While that is true, the implementation of that process (Hope Program) has been a disaster. Last I read NY had given out less than 10% of the funds while other states have distributed even less. Add that to the people not paying simply because they don't have to pay while owners STILL are required to fix everything, it's no wonder lots of owners are in dire financial straits. Basically, the Admin picked a side and said to hell with the other side. They did that illegally as well, according to the Supreme Court.

(08-12-2021 10:50 AM)VA49er Wrote:  

(08-12-2021 09:45 AM)Danforth Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  

(08-10-2021 12:49 PM)VA49er Wrote:  Simply put, it isn't constitutional. Biden knew it before he called on the CDC to intervene He KNOWS it's not legal, yet did it anyway. Why someone would agree with him is beyond comprehension. People are losing their livelihoods based on this. It makes no sense to continue the moratorium.

Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

While that is true, the implementation of that process (Hope Program) has been a disaster. Last I read NY had given out less than 10% of the funds while other states have distributed even less. Add that to the people not paying simply because they don't have to pay while owners STILL are required to fix everything, it's no wonder lots of owners are in dire financial straits. Basically, the Admin picked a side and said to hell with the other side. They did that illegally as well, according to the Supreme Court.

My parents have rental properties and here is what I know for their experiences.

It often takes several months to find tenants. It's better to keep someone who is a couple months behind on their rent than to kick them out and look for new tenants.

Also, after each tenant leaves, there is always several thousand dollars of repairs that must be made before a new tenant can move in.

Long story short, kicking people out of their rental homes is often more costly than to simply wait until they have the money to pay rent.

(08-16-2021 12:11 PM)Danforth Wrote:  

(08-12-2021 10:50 AM)VA49er Wrote:  

(08-12-2021 09:45 AM)Danforth Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  

(08-11-2021 11:52 AM)Danforth Wrote:  Losing their livelihood? Can you be more specific? Can you give an example?

It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

While that is true, the implementation of that process (Hope Program) has been a disaster. Last I read NY had given out less than 10% of the funds while other states have distributed even less. Add that to the people not paying simply because they don't have to pay while owners STILL are required to fix everything, it's no wonder lots of owners are in dire financial straits. Basically, the Admin picked a side and said to hell with the other side. They did that illegally as well, according to the Supreme Court.

My parents have rental properties and here is what I know for their experiences.

It often takes several months to find tenants. It's better to keep someone who is a couple months behind on their rent than to kick them out and look for new tenants.

Also, after each tenant leaves, there is always several thousand dollars of repairs that must be made before a new tenant can move in.

Long story short, kicking people out of their rental homes is often more costly than to simply wait until they have the money to pay rent.

Evicting someone is never the first choice. Quite obvioulsy, it's the last option. No owner wants to go throught the pain and expense of evicting anyone. With that being said, it is an option and one that is perfectly legal and withing justification for nonpayment of rent. However, given today's market, I would not be surprised if many owners may want to get out of the rental business and sell to take advantage of high home prices.

(08-16-2021 12:29 PM)VA49er Wrote:  

(08-16-2021 12:11 PM)Danforth Wrote:  

(08-12-2021 10:50 AM)VA49er Wrote:  

(08-12-2021 09:45 AM)Danforth Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

While that is true, the implementation of that process (Hope Program) has been a disaster. Last I read NY had given out less than 10% of the funds while other states have distributed even less. Add that to the people not paying simply because they don't have to pay while owners STILL are required to fix everything, it's no wonder lots of owners are in dire financial straits. Basically, the Admin picked a side and said to hell with the other side. They did that illegally as well, according to the Supreme Court.

My parents have rental properties and here is what I know for their experiences.

It often takes several months to find tenants. It's better to keep someone who is a couple months behind on their rent than to kick them out and look for new tenants.

Also, after each tenant leaves, there is always several thousand dollars of repairs that must be made before a new tenant can move in.

Long story short, kicking people out of their rental homes is often more costly than to simply wait until they have the money to pay rent.

Evicting someone is never the first choice. Quite obvioulsy, it's the last option. No owner wants to go throught the pain and expense of evicting anyone. With that being said, it is an option and one that is perfectly legal and withing justification for nonpayment of rent. However, given today's market, I would not be surprised if many owners may want to get out of the rental business and sell to take advantage of high home prices.

I sold four a couple of years ago. I had good returns out of three, and one dud with a string of bad tenants that made it just a break even. I wanted to get into something a 100% passive and out of the landlord work.

(08-16-2021 12:29 PM)VA49er Wrote:  

(08-16-2021 12:11 PM)Danforth Wrote:  

(08-12-2021 10:50 AM)VA49er Wrote:  

(08-12-2021 09:45 AM)Danforth Wrote:  

(08-11-2021 12:26 PM)VA49er Wrote:  It's simple. Not all landlords are corporations, they are simple individuals that rely on the rental income to pay that properties mortgage. Lots of retirees rely on rental income. If people continue to allowed to not pay those landlords reliant on said rental income can't pay their mortgage or other bills. They'll lose their property and income. Econ 101.

I understand that but there are systems in place for the tenants to eventually pay the owed payments. There is stimulus money available for tenants and landlords.

While that is true, the implementation of that process (Hope Program) has been a disaster. Last I read NY had given out less than 10% of the funds while other states have distributed even less. Add that to the people not paying simply because they don't have to pay while owners STILL are required to fix everything, it's no wonder lots of owners are in dire financial straits. Basically, the Admin picked a side and said to hell with the other side. They did that illegally as well, according to the Supreme Court.

My parents have rental properties and here is what I know for their experiences.

It often takes several months to find tenants. It's better to keep someone who is a couple months behind on their rent than to kick them out and look for new tenants.

Also, after each tenant leaves, there is always several thousand dollars of repairs that must be made before a new tenant can move in.

Long story short, kicking people out of their rental homes is often more costly than to simply wait until they have the money to pay rent.

Evicting someone is never the first choice. Quite obvioulsy, it's the last option. No owner wants to go throught the pain and expense of evicting anyone. With that being said, it is an option and one that is perfectly legal and withing justification for nonpayment of rent. However, given today's market, I would not be surprised if many owners may want to get out of the rental business and sell to take advantage of high home prices.

But we are in a pandemic. If landlords can afford to let their tenants stay until they can pay rent again they should. I know my parents did.