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26 March 2020 | 2 replies
They already do this with everything from FICO scores to a declared bankruptcy to child support payment issues.
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6 April 2020 | 19 replies
If your able to contact the potential tenants' employer for job status and income; that means they are in an industry declared essential.
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1 April 2020 | 34 replies
I've watched the community discussion boards and the tenants in general think that they do not have to pay rent for 2 months and that when the two months are over the government will declare "debt forgiveness".
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28 March 2020 | 13 replies
He declared this yesterday afternoon late.
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28 March 2020 | 6 replies
There will be a lot of people in differing amounts of bad situations (shades of grey).Some will be fine, some will be in very bad circumstances.And those who are bad now may be OK next month, or worse off next month.There is no way to tell.Every renter is different, and will handle the situation differently, the same as every owner is different and will handle it differently.At a minimum, addressing the food issue with a recommendation to look online for COUNTY NAME FOOD ASSISTANCE.As for the rents, you will have to make some business decisions (as well as humanitarian decisions if that is within your personality) depending upon what you are presented with.Hopefully this thing is over soon, and President Trump has declared Disaster Areas for the hardest hit places, and Federal Financial Aid has been OKed also.Sometimes you can run forward quickly, and sometimes you just have to run in place--both take the same amount of energy.Good Luck!
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29 March 2020 | 4 replies
@Donna Martinez shelter in place here was modeled on ca and allows for moving—moving companies were declared essential.
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29 March 2020 | 12 replies
You will either break that lease, making it hard to move forward in real estate or you will have to suck it up.Worst case is you have to declare bankruptcy if you take on too much.
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29 March 2020 | 26 replies
I wouldn't say you got too over leveraged too quickly...but I wouldn't have used your HELOC for all of them at once (more or less).I doubt your HELOC will be declared due from the bank as long as you're making payments on it...from the rents(?).
2 April 2020 | 6 replies
In the alternative, if you obtain title from the record owner, a quiet title action might bring HUD to the table to talk about what it would accept to release the property, or if they fail to respond to the Complaint you may be able to get a court to declare to lien extinguished.
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4 May 2020 | 49 replies
More details below.The world’s awareness of the coronavirus (COVID-19) changed dramatically when the World Health Organization declared a global pandemic on March 11, 2020.We’ve worked hard to find solutions that will lessen the impact on our community.