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 almost 4 years ago on . Most recent reply

User Stats

28,055
Posts
41,056
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,056
Votes |
28,055
Posts

Tenants owe $17,000 in rent; Landlord sells for $70,000 loss

Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorPosted

I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the gentleman states in the video, nobody else is being required to provide goods or services for free; only Landlords. Tenants are going to get so far behind on rent that they won't possibly be able to keep up.

I bet that Ford pickup in the driveway could have been sold to pay at least half of what they owe.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Most Popular Reply

User Stats

13,365
Posts
19,402
Votes
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,402
Votes |
13,365
Posts
Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

This post deserves the have the record for the number of votes given, and the brain dead short sighted morons in Washington, that passed this death sentence for many, deserve to get the votes they got at election time to be taken back.  This one ridiculous emotional bill, and the domino effect it will generate, I fear will do more harm to the economy now and in the future than what we are just starting to see now...and that future will bring the exact opposite of what the bill was intended to do.

Loading replies...