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Updated over 3 years ago,
Eviction Moratorium Discussion
Would like to see a discussion about the new eviction moratorium. I'm not opposed to hearing thoughts on the constitutional aspect since it was already deemed this couldn't be done by the SCOTUS and they did it anyway, however that's not the point of this. Rather I'm curious if people have adjusted their strategy for selecting renters and how? Have you increased your standards? Do you have unique ways of analyzing potential renters. I had read a comment recently about identifying "necessity moves" or what sounds like the renter was forced to move and how potentially identifying these trends can weed out bad renters. Have some people switched to short term rental to avoid this all together? Did your previous process for selecting renters already help you be ahead of this problem and how? Any investors that rent to high risk tenants and how did you handle it? It seems some people lost big time with taking months to get any type of resolution and judges not willing to hear cases on this. Also, since you're unlikely to collect anything in situations such as this what did you do? I imagine many just had to eat the loss in some cases. I think this could be a good discussion especially since I don't see a lot of resources for how landlords/investors should handle this. Main streams seems to paint landlords as bad and as such people not interested in the industry may just completely overlook that some investors are smaller or new and this is their job and seem to forget they matter too. I am doing a little research of my own but information for investors seems to be harder to find, maybe it's just me?