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.
Real Estate News & Current Events
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 12 months ago,

User Stats

5,977
Posts
6,900
Votes
Dan H.
Pro Member
  • Investor
  • Poway, CA
6,900
Votes |
5,977
Posts

Flood eviction moratorium in San Diego flood areas

Dan H.
Pro Member
  • Investor
  • Poway, CA
Posted

The county board of supervisors has implemented an eviction moratorium on the flood zones while at the same time tagging units as uninhabitable.  The attorney in the linked article claims the LL must foot the bill for any hotel stay, but I question his source.  Our lease mandates tenant insurance and clearly states it is the tenant’s responsibility to maintain their tenant insurance and that we are not responsible for external housing expenses.

Virtually none of the LL have insurance to cover these repairs (only one of my units has insurance that would cover this type of flooding and this insurance is not cheap).  So the LL will be paying out of pocket to get these units into a state that is safe for occupancy and then must rent to the tenant at the same price as prior to this expense. 

It is tough because this is not the tenant’s or LL’s fault.  But it appears they are placing the full burden on the LL.  Hopefully this is not the case and much of the $10m allocated will go to LL for bringing the units back to a safe livable state.  I suspect it will not happen and LL will be expected to foot this bill. 

I question the legality of this.  Forcing LL to have expense and exert effort to bring unit to safe state, but being unable to raise rent and possibly having to pay for tenant’s hotel while the work is being done. 

Crazy.  Unless the government pays the rehab cost, there is no way I would pay to rehab the units under these conditions.  There is also no way I pay tenant lodging when my lease states I do not. Let the city bring me to court and see how them explain mandating away from a legal lease agreement.  Or dictate I repair a unit from a disaster that the city has more responsibility for than any LL and have to place existing tenant in unit at their existing rent.  Everyone knows that investment expects return.  There is no return on this investment.    

The ironic part is I knew the flooded area was some of the poorest areas of San Diego.  We donated to a fund to help the residents and someone was generous enough to be matching donations.  This was prior to the county board of supervisors placing so much of the burden of this on LL.  If I had known this was the plan, I would not have made the donation.  

https://www.cbs8.com/article/news/local/what-rights-do-tenants-have/509-0708783a-e714-4460-9b0a-41a31cc93dbb#:~:text=%22The%20eviction%20moratorium%20is%20only,1%2D1%20to%20learn%20more.

  • Dan H.
  • Loading replies...