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Updated about 5 years ago on . Most recent reply

User Stats

65
Posts
37
Votes
Jay Levy
  • Rental Property Investor
  • Miami FL
37
Votes |
65
Posts

Impact of Corona Bill on Evictions, Mortgage Payments etc

Jay Levy
  • Rental Property Investor
  • Miami FL
Posted

Trying to gauge peoples thoughts on the impact of a Corona bill that includes a moratorium on evictions for 6 months along with the suspension of mortgage payments during this time.  Areas i'm thinking about and would appreciate others thoughts on are

  • - How do we encourage tenants to still pay rent?
  • - Do we think we will see tenants who can pay rent stopping paying?
  • - What will happen to the eviction courts when the moratorium ends - how backed up will they be?
  • - What will happen to the courts in regards to collecting back rent

What other things are people thinking about related to small multi-family ownership in these times? 

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