CDC Eviction Moratorium - USE THIS FORM

General Landlording & Rental Properties
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CDC Eviction Moratorium - USE THIS FORM

Nathan GesnerBusiness Member
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Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes

I'm still seeing a lot of Landlords that don't realize the eviction moratorium includes Tenant requirements. If you have a tenant that is not paying due to the Eviction Moratorium, use this form to document the situation. If they are unwilling to complete the form, that can be used as evidence against them later on. The form includes resources for additional information or assistance.

https://www.cdc.gov/coronaviru...

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John Clark
Member since 2018 · 1k+ posts · 1k+ votes
5y
Originally posted by @Phil Davies:

I've been considering property investment for a couple of years now.  I was ready to pull the trigger a year ago but then Covid hit and I feel like I've dodged a bit of a bullet with the ludicrous eviction moratoriums in place.  Does it make sense to move forward now, or should I wait to see how the eviction bans (Fed & States) pan out moving into the summer?  

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Wait, for longer than this Summer, for two reasons: First, as you say, you need to see how the eviction moratoria play out, and; Second, you want to see how the foreclosure moritoria play out.

The eviction front will put a lot of inventory on the market and rents will go down. That will give you a better idea of what you can charge for apartments and therefore what you can pay for a building. The foreclosure front will put inventory on the market as banks foreclosure. The two combined will put more inventory on the market as small scale landlords quit the business because they are fed up with being abused.

Use this time to investigate the areas and neighborhoods you want to be in, and to develop your policies and criteria for those neighborhoods. You will read a lot about people here insisting on WRITTEN screening criteria. That's nice, but investigate credit score cut offs, employment screens, pet/prison/income criteria, how to recognize necessity moves (probably stiffed the old landlord), etc. etc., and work up your own criteria, consistent with local laws. Work also on your financial models -- those will change depending on the neighborhoods you want to be in. Find examples of failed financial models and figure out why they failed. Find good models and figure out what made them good. That way, when inventory starts coming on the market you'll be able to buy at a good price properties that you know will work for you.

Finally, start small. It's important to start, not to get big quickly. Grow with experience.

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  • Stephanie Mccolaugh
    Member since 2021 · 21 posts · 14 votes
    5y

    Has anyone spoken with a real estate attorney on potential parallels between the third amendment and the eviction moratorium?

    “No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law.”

    Clearly these aren’t soldiers, but the purpose of the amendment is to prohibit government intrusion on private property. 

    I know a class action suit was recently filed in NY, but I was curious if they attempted to use this as a precedent. 

    2Reply
  • Cullum Stirling
    Real Estate Agent · Nashville, TN · Member since 2017 · 80 posts · 49 votes
    5y

    In regards to assistance for both landlords and tenants, I found this Government resources link recently that's suppose to help both parties. 

    https://www.consumerfinance.go...

    Does anyone have first hand experience with attempting to get assistance through any of these programs?

    0Reply
  • Matthew Paul
    Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
    5y

    I read the "Bill of Rights "   . I didnt see the word "shelter " anywhere . Please show me where I am wrong .

    PS . Walmart sells tents .   A tent is a shelter 

    0Reply
  • Matthew Paul
    Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
    5y

    Finally the Supreme Court has struck down the eviction ban .  Time to start filing evictions

    1Reply
  • Matthew Paul
    Severna Park, MD · Member since 2013 · 7k+ posts · 7k+ votes
    5y

    @Account Closed You are a wacko liberal .  You have a right to pay for any shelter you want . You DONT have a right to live in a property someone else WORKED for for free . 

    I do have a REAL job . How the hell do you think you come up with the money to buy a investment property . 

    Nothing in life is free , you have to earn it 

    1Reply
  • Nancy Roth
    Investor · Washington, Washington D.C. · Member since 2012 · 240 posts · 168 votes
    5y

    @Mary M. Unfortunately the states that received rent assistance funding from the Fed’l government have not been competent in getting those grants out. The Treasury Dept just announced that 89% of the funding allocated to states for rent payments has yet to be released by the states.

    I have a tenant who lost her job at the start of the pandemic. She has tried to pay as she could from unemployment. But she has fallen behind by a couple thousand dollars, which she pays down periodically, but it jumps up again, of course, with each new month.

    Maryland has an extremely complex tenant grant program that requires both tenant and landlord to apply online. It’s all done online, and her access to Internet is limited. I was able, taking a lot of time, to complete my part, but it proved too hard for her.

    So I for one was not surprised at all by the Treasury Dept announcement.

    0Reply
  • Mary M.
    Rental Property Investor · Portland OR · Member since 2018 · 2k+ posts · 3k+ votes
    5y

    @Nancy Roth what Treasury Department announcement? 

    For those reading along: Check your state program as in Oregon if your tenant or you, as a housing provider, applied for federal funding you can not evict as long as the application is pending

    Once I read those words, I understood why its taking so long to get the money out - they are protecting the tenants...  no eviction ban is needed as tenants are protected as long as you or your tenant asked for rent from the govt. 

    In Oregon this means my tenant haas 90 more days of living for free. And, Oregon changed how evictions work and there are now "wait days" of between 60-90  days to evict. 

    0Reply
  • Nancy Roth
    Investor · Washington, Washington D.C. · Member since 2012 · 240 posts · 168 votes
    5y

    @Mary M.

    Google "89%"-- it was all over the news last week in anticipation of the Supreme Court's decision. NY Times, etc. 

    0Reply
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