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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainmaker
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

The Apartment Owners Association massively disagrees like you do.

I disagree with it like you do too; so much so that I posted on my blog about it last night. My only income right now is rents.

Politicians have turned our rent into welfare and made home owners the benefactors, it's very, very wrong! CA is constantly losing builders and investors over these asinine politics. Allow case by case to open a duologue but quit encouraging gainfully employed tenants to take advantage! Let the politicians fund this with their salaries first.

How To Survive the “FREE RENT” Pandemic in CA!

Apr 10, 2020 02:07 PM
Rainmaker
665,939
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Tony ~ There isn't enough emphasis that a rent abatement/deferral is for those that need it... not for everyone just because your don't want to pay rent.  I think it is over promoted without the needed context for qualification.

Apr 10, 2020 02:18 PM
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Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Lost a deal today because the tenants refuse to pay and refuse to leave.  And because of COVID, local courthouse won't issue eviction notices for at least the next month.  So landlord gets no rent, and we pulled the home off the market until the tenants are out.  No point in getting it under contract again just to have the tenants continue to squat.  And they stopped paying their rent LONG before coronavirus was a thing. 

Apr 10, 2020 08:13 PM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

It could backfire on those who are touting irresponsibility...nothing is FREE. Wish you the best Tony and God Bless America!

Apr 10, 2020 07:20 PM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

No I am not wild about promoting this at all. Tenants without a job = stuck with possibly no savings. Property owners or property managers.....getting the shaft unless the tenant can make arrangements to make payments and get caught up as quickly as possible.  Many of us rent out properties and depend on the income, especially now.

Apr 10, 2020 03:07 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This is completely out of line. Landlords take enormous risks and rely on the income property formula to succeed. If we go off formula all of it fails! Existing laws tended to protect tenants but landlords were always entitled to their property at some point. To remove the threat of eviction, suspend payments and indicate this is appropriate even for months to come is wrong

Here's the balanced point of view...Let the government pay the rent so landlords are not affected, the tenants protected & banks get their money

Even more balance: All must work together & sacrifice during these times

Apr 10, 2020 02:57 PM
Rainer
135,724
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

well it's hard to pay if you aren't getting paid, but promoting it is stupid.

Apr 10, 2020 02:00 PM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I don't know who's doing that. Never heard anything about it but there has been some protests I saw.

Apr 10, 2020 01:58 PM
Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It's not that they don't need to pay their rent, it's that they can ask for a deferement if they can't afford to pay.  It gives the landlord the option to say no, to say yes or to negotiate something in between.  I think it should greatly depend on if the landlord can get their mortgage payments postponed.

 

The only person constant advertisement benefits is the politicians.  At least the CAR forms require PROOF of inability to pay the rent.  No proof, no deferement.

Apr 10, 2020 07:49 PM
Rainmaker
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

'they don't need to pay their rent NOW'
they will have to make their landlord whole in time . . . 
the deal they made is not wiped clean!

if they can pay now, they should.

 

 

Apr 10, 2020 02:29 PM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

"Fair" ... you lost me right there. 

Apr 11, 2020 09:28 AM
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Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I don't believe that tenants will be in a very good position if they don't continue paying what they can towards rent.  Just because evictions are on pause does not mean they are absolved from their obligations of the contract.

Apr 11, 2020 08:06 AM
Rainer
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Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

There is nothing that is happening right now that is fair.  It's an international pandemic.

 

Apr 11, 2020 06:39 AM
Rainmaker
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Roy Kelley
Retired - Gaithersburg, MD

Deferral of evictions does not mean that they do not owe the rent.

Apr 11, 2020 05:57 AM
Rainmaker
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It's not that they "don't need to pay"; the focus is rather on the fact that they will not be evicted if they cannot pay.

Apr 11, 2020 05:48 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

The laws have always been stacked against the landlord, need to be doubly careful of the character of the people you allow into your properties.

Apr 11, 2020 02:06 AM
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Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

What do you think?  What is fair?  Case by case with my rental units.  No garentee if you forgive they will pay later. 

Apr 10, 2020 05:03 PM
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I think it's a travisty Tony Lewis . There were to many out there gaming the system before this and now there will be more.

Apr 10, 2020 03:35 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

The devil is in the details but exists elsewhere.  

Apr 10, 2020 02:17 PM
Rainmaker
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Emily Medvec
eXp Realty LLC - Santa Fe, NM
Broker | Realtor | Serving Santa Fe & Northern NM

Hello Tony, I have no clue who is promoting that a tenant does not need to pay rent. In New Mexico, our Supreme Count ruled that a tenant can not be evicted if rent not paid due to Covid-19 financial hardship. Next, our Governor has prohibited short term/vacation rentals period. Yes, there are unintended consequences for the owner/investor of rental and vacation properties - the major one is no income. However, the owners have an asset to sell which is something a tenant does not and in my Santa Fe New Mexico community many are service employees without a job. Covid-19 is impacting all of us and degree is based on where you are on the real estate food chain. This is a time like no other. And yes, it will pass. In the meantime, practice social distancing and real estate online. I hope none of your tenants become a victim of the virus. And I trust you will do all you can to help them. 

Apr 11, 2020 01:54 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

When I rent to tenants, one of the things I consider is what happens if they loose their job or their car breaks down.

Those that need to time their move out of their existing rental to moving into mine get eliminated.

If someone is stretched so thin, I do not want them.

So far all my tenants paid timely...I expect the same next month.

Eve

Apr 11, 2020 10:52 AM
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

NO because it will be a big wake up call when 1, 2 or 3 months payments are due and the evictions are lifted, their stimulous long spent and no money left to pay facing eviction. 

Apr 11, 2020 05:21 AM
Rainmaker
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

No. Renters don't need to put themselves in a whole anymore than they have to.

Apr 11, 2020 03:40 AM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It's an ELECTION year.

Unless you live in Chicago, landlords only have one vote. "Look what i did to put money (someone elses money) in your(tennant, voter) pocket.

It is now a race who can promise and appear to deliver the most. 2 TRILLION dollars. Nancy will try to claim it for ahhh,mmmm, you know 'what's his name."

Is it fair?  Well, it is life.

Apr 10, 2020 03:37 PM
Rainmaker
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Landlords are getting the short end of the stick. Out of work due to Covid-19 renters deserve a break. Where is the realistic middle ground?

Apr 12, 2020 05:34 PM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

It could create a situation where the tenant can’t catch back up

Apr 11, 2020 07:56 AM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Do I need to pay for my groceries or gasoline? While there are situations where scenarios are available, it is not a cookie cutter situation. Okay, for buying the vote, but not for paying the bills!

Apr 11, 2020 06:25 AM
Rainmaker
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Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

I think it is more than fair. Here s my area we have a private facebook group set up and most rental property owners here are in it.

Oct 22, 2021 11:54 AM
Rainmaker
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Barbara Tattersall
Keller Williams Realty Metropolitan (Keene,NH) - Keene, NH
GRI

I didn't hear "you don't have to pay rent", but "you can't be evicted for the time being if you are unable to pay your rent".  My tenants on fixed incomes are paying faithfully.  I have a young couple who called to say the rent would be late because the husband lost his job.  I cut their rent in half for April and May. And most likely will in June.  They were most grateful and everything has been paid on time.  Throwing people out when times are hard (through no fault of their own) makes me think of "debtors' prison".

I do agree that some polititians make landlords out to be the greedy enemy instead of legitimate business people providing a service. That doesn't help this situation.

May 10, 2020 02:57 AM
Rainmaker
851,231
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Not at all.  I'm not sure where this trend has come from that tenants have more rights than landlords but its been that way for awhile now & this makes it even worse. 

Apr 13, 2020 05:49 AM