Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

103
Posts
54
Votes
Steve Graves
  • Investor
  • Lancaster, CA
54
Votes |
103
Posts

Rent strike, be prepared for what could happen

Steve Graves
  • Investor
  • Lancaster, CA
Posted

Just came across this article. Workers that have lost their employment because of the corona virus are  waging a war to not pay the rent. Not just a delay but a full on don't have to pay the rent for 90 days.

https://apnews.com/1bd0dccae3f84e380af62b3dd91ee26e

This should concern everyone of us on here. It's a direct threat to keeping our properties. I keep hearing about help with our mortgages but that is only government backed loans and I'm sure the majority of us are not on government backed loans. I can support giving my tenants a break for a couple of months and letting them payoff the missed rent over time. I know this isn't their fault but we should have some kind of protection if the states are going to back this rent strike.
 

Loading replies...