WA State Moratorium

[Joseph Banko]

How are my fellow WA state landlords handling any non-paying tenants right now? I have one four plex in Tacoma. And one tenant in that four plex not paying, so it could be worse. The only downside right now is that my planned savings for capital improvements and/or future investments is on pause. But if it gets worse I'm not sure what to do outside of asking for forbearance. I'm now starting to worry slightly about how many more times Inslee will extend it. Could it go into 2022? 2023?

[Curtis Bidwell]

@Joseph Banko. I have lost over $7k in direct rent as well as the loss of a restaurant and their entire 5 year lease!

It is critical that housing providers are engaged with the current legislative process!  If you’re not a member of a rental association look into Washington Landlord Assoc (WLA), or the Rental Housing Assoc of Wa (RHWA).  They have formed the Rental Housing Coalition that is doing great work lobbying on our behalf, regularly updating legislative activity, giving talking points and providing simple ways to contact your elected officials and committees. 

There are so many damaging bills currently under consideration -these proponents believe housing should be a right and no one should make a profit from it, thereby eliminating your property rights as well as your right to contract. 

Mandatory Lease Renewals (ESHB 1236) is getting ready for public comment.  You can sign up to testify during the hearing (via zoom), or submit written testimony.  WE NEED EVERY HOUSING PROVIDER TO BE HEARD!