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30 March 2020 | 2 replies
If pressed, tell the writer that since he/she assumes the right to tell you/us what we should do (as a third party...having absolutely no connection to this), that must in turn give you/us the right to tell him/her to also take no income and receive no relief in expenses equal to what he/she says you/we should be taking.The tenants are just as responsible for making the payments to retain their homes, as REI are for making the payments needed to provide them these homes.Since in his/her own words, these tenants "deserve a place to live", why not put their money where their mouth is...and provide them all a place to live in his/her home...for free of course.As a noted scholar of many decades once said, "what a maroon"
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4 May 2020 | 49 replies
It also leads me to believe that they could default on some of the promised relief to hosts.
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30 March 2020 | 1 reply
I suspect he is hinting at some kind of relief and I’m very torn about how to approach this.
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31 March 2020 | 2 replies
I certainly think there should be property tax and utility bill relief as well (state covers proportional amount and pays to the municipality/utility, perhaps).With evictions halted, what alternate solution is being proposed?
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29 June 2020 | 25 replies
The intent is to provide relief and avoid foreclosure.
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1 April 2020 | 15 replies
We chose to not reach out to our tenants ahead of time to ask or offer economic relief.
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31 March 2020 | 3 replies
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.
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1 July 2020 | 8 replies
.): "The agencies have confirmed with staff of the Financial Accounting Standards Board (FASB) that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief, are not troubled debt restructuring."
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1 April 2020 | 4 replies
I just read the the following article on Investopedia regarding Mortgage Payment Relief due to the CARES Act: https://www.investopedia.com/h...I don't know what the future holds or whether or not my tenants will be able to pay rent in the coming months.
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10 April 2020 | 8 replies
She went on to say that as investors, it is still our obligation to submit within the 45 days and only upon receiving a letter from the IRS allowing us to resubmit identified properties with an extended period would we have a legitimate extension.I'd be curious to know if anyone has more definitive intel on this kind of relief/stimulus extension.