> I suspect that once the moratorium is up, there will be a lot of landlords looking to sell. They've been not getting rent for a long time, and they may have to sell in order to get out of the hole they're in. Many still have mortgages, but they will have a hard time collecting a year worth of rent. But the bank won't have the same problem foreclosing.
My mother-in-law has 2 properties in SoCal and is dealing with this exact situation. She is speaking with a lawyer this week, in fact. I won't get into all of the details but will say that she owns these properties outright but has not collected rent on either since April and May of last year...
Sorry, just saw your reply. Like I said before, I'm not willing to get into all of the details. In this specific case, however, the eviction moratoriums do not cover the shenanigans that my MIL is dealing with.
My mother-in-law has 2 properties in SoCal and is dealing with this exact situation. She is speaking with a lawyer this week, in fact. I won't get into all of the details but will say that she owns these properties outright but has not collected rent on either since April and May of last year...