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Updated over 3 years ago,
Rental Moratorium ruining my plans
I bought a duplex in May, 2 tenants pay $325 under market, I told them I would honor they contract until it expires November 1, 2021… I had full intentions of letting their lease expire and renovating both units to hit the top of market, plus I pick the tenants…. Now this president has extended the eviction moratorium and I’m at a crossroads because it gives these tenants more rights to stay in place without being able to evict…. Should I just hold off on getting them out and be happy I’m collecting or take my chances that they will just move when I inform them…