Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 over 4 years ago on . Most recent reply

User Stats

185
Posts
179
Votes
Brad Gibson
  • Rental Property Investor
  • Midland, TX
179
Votes |
185
Posts

Did President’s EO Just Screw Landlords Nationwide?

Brad Gibson
  • Rental Property Investor
  • Midland, TX
Posted

Did today's executive order that puts a moratorium on evictions just good and rightly screw landlords across the nation?

While he also signed an EO that extended extra UI benefits to those unemployed, it is maxed out at $400 per week and is not fully funded by the Feds. It also relies on the states to come up with a large extra contribution each week. Many governors claim they have no money to contribute and the order also doesn’t bind the states to contribute. 

Finally, there is no relief for landlords in the executive order which might provide funding in the event that tenants don’t pay and cannot be evicted. 

I’m worried about Congress’s inaction & EO’s that are clearly hostile To the rights of landlords. 

  • Brad Gibson
  • Most Popular Reply

    User Stats

    185
    Posts
    179
    Votes
    Brad Gibson
    • Rental Property Investor
    • Midland, TX
    179
    Votes |
    185
    Posts
    Brad Gibson
    • Rental Property Investor
    • Midland, TX
    Replied

    There are parts of the EO’s that are clearly unconstitutional. All spending and revenue bills are to originate in the House of Reps. 

    Plus it mandates the states pay $100 of the $400. EO’s cannot mandate spending by states or local governments so that’ll likely be ruled unconstitutional as well. 

    I don’t know about the legality of placing a moratorium on eviction proceedings. That may have to be a boba fide law from Congress with presidential signature. 

  • Brad Gibson
  • Loading replies...