Updated about 5 years ago on . Most recent reply
Buying a property with tenants during the eviction moratorium.
Since the eviction moratorium is in place, how are you buying properties with tenants in place who are not paying? You can't evict to do repairs and you can't increase the rent if the tenant isn't paying anyway. This will kill cash flow right off the bat. It seems like the best thing to do is buy a vacant property so you can get in there and do what you need to do to turn it over. But I'm hesitant to buy properties with tenants in place who aren't paying.
Any advice? What's your strategy on this?