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25 January 2021 | 0 replies
Landlords take heart, rent relief for your tenants is coming.
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2 February 2021 | 2 replies
There was one minor sticking point which contributed to the delay (but was not the main reason for it): I applied for COVID-relief forbearance with one of the properties to de-risk my ability to pay mortgage when a couple tenants weren't able to make payments.
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30 January 2021 | 23 replies
@Rachel Underwood Me not so much, as Ohio is a popular destination for PA folks looking to get tax relief and it appears to be a viable option for people looking to stretch their dollars.
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27 February 2021 | 126 replies
The average median income is $109,000 in my city, which includes low-wage jobs. if anyone watches CNBC’s Diana Olick reports on how the government plans to disperse rental relief, Realty Mogul CEO says only larger States like California and New York have internal controls to use the money Wisely.
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29 January 2021 | 1 reply
Gavin Newsom today signed a bill that will use $2.6 billion in federal funds to pay landlords up to 80% of rent owed by qualifying tenants with COVID-19 financial hardships.Read the story here: https://caanet.org/gov-newsom-signs-bill-with-2-6-billion-in-federal-funds-for-unpaid-rent/Perhaps this can help some of you California landlords with tenants who haven't been paying their rent.It's not a perfect solution, but at least the payments go directly to the landlords (unlike the stimulus checks).Note that there is a deadline mentioned of February 28th to provide a specific Informational Notice to their tenants who are behind on rent as of February 1st (there's a link to this Informational Notice in the linked story).Here's another story on this new law with some more info: https://sftu.org/2021/01/29/senate-bill-91-eviction-protection-and-debt-relief/
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9 February 2021 | 60 replies
If landlords can assert that tracking every little fixture in every property is overly burdensome, they may be able to get relief by changing the rules.
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5 February 2021 | 8 replies
I have 3 Companies.People's Mortgage Relief II, LLC (PMR II) is my Asset Management Company.
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6 February 2021 | 4 replies
@Luis Limon As it sounds like you're already aware, the Governor signed another new bill (SB91) into law last week that extends the previous tenant protections enacted under AB3088 (the COVID-19 Tenant Relief Act of 2020).
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9 February 2021 | 1 reply
Kind of annoying, but also a relief when compared to that whole six-month seasoning period.Best of luck out there!
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14 December 2020 | 34 replies
I was losing sleep over this and paid $1000 to get out of contract, but huge relief.