Eviction Surge Nevada - Las Vegas - Clark County

[Michael Tully]

Has anyone seen this report from the Guinn Center? Meet Kevin also did some discussion on this topic. I feel like most landlords here on BP got above 80% rents during this crisis, but I'm sure there are many mom and pop landlords who aren't on here that didn't handle the crisis as well as those on here who knew what to do. Report is here:

https://guinncenter.org/wp-con...

As well, the Nevada Unemployment Insurance Program has announced that they are running low on funds, with some estimates saying they have about 8 weeks of funding left unless they get federal assistance. Combined with a huge state deficit and proposed budget cuts of over $1B to cover this, do you think there is a coming eviction surge? Will this cause a foreclosure surge in the valley as well as mortgage forbearance comes to an end? Could be a great time to find deals as small time landlords try to unload their headaches.

Link to the Unemployment article:

https://www.ktnv.com/news/coro...