The topic on top of the minds of many landlords is how the coronavirus is affecting rent payments. One landlord asked on our MrLandlord.com Q&A Forum: “Has anyone reached out to their local community services to see what rental assistance is available to the working poor who may be furloughed over the next few weeks?”
There’s a state-wide tenant organization called “Tenants Together” and they’re at it again. One of their beliefs is that housing is a human right, not a commodity and they have a genuine dislike coupled with misplaced anger for all landlords.
Q: I heard on the news that there is an eviction moratorium in the state of California. What that does that mean?
Dear President Trump and To Whom It May Concern: The purpose of this letter is to let you know how the present condition of our country is viewed through the eyes of an 80 year old single lady living in Los Angeles, CA. I am a legal immigrant who entered the US in 1963 with…Details
Delaware Statutory Trusts are potentially a great investment vehicle for those accredited investors doing a 1031 exchange, but what some investors don’t realize, is that you can also invest in DSTs on a cash basis.
Question 1: Can I apply the tenant’s security deposit to rent that is not being paid during the Covid 19 crisis? If so, can I then require the tenant to replenish the deposit? Answer 1: The short answers are, probably, and probably not. I have a feeling I will be prefacing nearly every answer for…Details
With great fanfare, the proponents of an initiative to raise property taxes in California by $12 billion a year announced they had turned in over 1.7 million signatures to qualify the measure. Their press release was headlined “Schools and Communities First make history with most ever signatures submitted.”Details
Landlords are facing challenges to eviction practices in many cities and states and often vilified for simply taking steps to protect their businesses. The reality is that evictions are an awful side of the rental housing business that causes pain for both tenants who need a place to live and landlords who have to run…Details
The Rental Virus – Housing Department in Denial (Open Letter to San Jose City Council Members) By-BAHN-SJ
Hello All: In speaking with several of you, I thought it might be of interest to send you some examples of our stories as mom and pop housing providers. These involve the personal touch and judgement used when renting and managing. I personally know of several who have never filed an eviction in over 30…Details
Dear Dan: While nobody wants to see anyone that is truly impacted by the virus put out on the streets, the entire burden for keeping the public housed cannot be forced upon the backs of individual citizens. Housing is an essential service. Who else is forced to provide an essential service for free? Nurses, grocery…Details