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Updated over 4 years ago on . Most recent reply

User Stats

90
Posts
144
Votes
Maricela Chavez
  • Real Estate Agent
  • Tucker, GA
144
Votes |
90
Posts

Covid bail out, who is bailing the landlords out?

Maricela Chavez
  • Real Estate Agent
  • Tucker, GA
Posted

I’m a landlord with 6 properties, 3 of long term tenants have decided to cover themselves with this covid blanket. He’s about 6500 past due. I’m in Georgia and counties aren’t hearing any cases. I understand the CDC has extended the cares act until 12/20. I think it’s a gross reach into my pocket. How are they bailing people out on my dime? When this virus happened back in March, I didn’t stop making my payments on my mortgage. Why do I have to ruin my credit and accumulate mortgage payments because the government wants to bail people out of paying their rents. Especially when these people are working and getting a paycheck.

Most Popular Reply

User Stats

3,417
Posts
2,948
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Joe S.
#1 Personal Finance Contributor
  • Investor
  • San Antonio
2,948
Votes |
3,417
Posts
Joe S.
#1 Personal Finance Contributor
  • Investor
  • San Antonio
Replied

Why doesn’t the government say that people can take groceries from the grocery store and not pay? What would happen if somebody filled up their cart with food from the grocery store and rushed out the door screaming Covid? It appears the government legalized Thievery. 

  • Joe S.
  • Loading replies...