Harsh reality faced by mom-and-pop landlords across the nation 

No politician should get paid until the American people get the help they need

When these landlords lose their properties, the large corporations are going to snatch them up and turn them into "luxury" rentals that most people cannot afford, which will exacerbate the problem.

They should freeze the tax that the landlords have to pay as well. Let's see how long the moratorium last then....

My landlord is a single working mom so I pay my rent properly since I am working. It would be unfair to make her worry about another thing.

They've going to swoop in and buy everything for pennies.

I hate to sound like the Evil person here, but all the gov did when it allowed renters to suspend rent payments was to create a stimulus paid for by landlords, thus avoiding the bill itself.

Okay the tenant that hasn't paid a single dime to that lady since March 2020 who just wants to sell her home. Come on. If they aren't paying rent for almost a year they could've saved up something to give her or move out themselves. They're taking advantage of the situation.

Home owners can’t collect rent,courts are closed so the government should suspend mortgages let’s be fair here 🙏🏾

If Government wants to help renters, it should pay the landlord directly. Denying landlord’s rights to his/her own property is unconstitutional. Government cannot put its burden on small landlords. This eviction moratorium should STOP

passing another 30 billions ?? Why not just waive the property tax temporary during the pandemic ? It help both the landlords and the renters.

The sad part is these debts are never gonna be paid, Its game over for the landlords

I think the CDC issued the moratorium without any discussion with the landlords, making them into impromptu homeless shelters, the CDC should also be responsible to reimburse the landlords for all of the missed rent.

Yes, we middle class work extra hard to get ahead in U.S., the government seems to punish us in every way.

This is what they mean when they say you will own nothing!! And to think when the moratorium expires the rent will be due in one giant payment!!!! You think the homeless problem is bad now, you ain't seen nothing yet!

I'm glad to see that someone is finally covering this fiasco.

I work for an agency who represents many landlords frustrated by tenants who are refusing to pay not because they can’t pay due to loss of income, but because they simply do NOT want to give up any part of the stimulus package or pandemic unemployment assistance they’re receiving. Even further, they’re refusing to go to work until the extensions on the extra pandemic funds paid on their edd claims run out. Those who are refusing to pay them are in large part, those who received very large stimulus payments AND pandemic unemployment assistance, combined with extended benefits. In one case alone, just one person went from an income of $500 per month to $2900 per month, (for a grand total of $18,000 in 2020 from edd alone, single w/no kids) and has paid the landlord a grand total of $20 in almost 2 years. Nearly every landlord I’ve spoken to was willing to work with tenants who wanted to pay as much as they could. Especially those who used their stimulus and increased unemployment benefits as they were designed to be used: to help ease the burden of obligations building up by the lockdown forcing people out of work. Some people took advantage of that in order to use the system to get a years free rent from an unsuspecting landlord. It really is sad. Because it means in the future, a lot of people will NOT get help because an owner can no longer trust people. A lot of good people are getting hurt, and a lot of bad tenants are getting away with this without penalties. It’s so sad...! I’m glad I’m part of making sure justice is served! edit: I had the numbers wrong. EDD was paying $600/week. End of year statement was $18,000.

Once again Wall Street gets their pound of flesh while everyone else is squeezed. Forbearance doesn’t really help because it binds your credit and ability to reorganize your finances. Suggestion: Make Wall Street take a moratorium on receiving payments WITHOUT hurting the landlords and mortgage holders. Wall Street already got $4.5 Trillion in the first round of bailouts. Their greed has no limits.

This is why we sold our rental house last year. It had been a home we lived in, then we moved so our daughter (4 at the time) could be closer to the hospital her treatments for leukemia. We tried selling that house in 2008 but couldn’t during that crash. When our last tenant moved out and we sold it immediately. A family owns it and we no longer have the headache of trying to get a good tenant. It was too risky for us in the pandemic.

Better to leave a rental unit empty at this point. Too many scammers and the courts are backed up for at least a year in certain parts of the country. No way am I moving somebody into my place when I have absolutely no way of getting them out. I've been through that and thanks God I got rid of my nightmare situation....never again

The great reset has begun. "You'll own nothing, you'll be happy "

$1.9 Trillion means tested "stimulus" could have paid that missing rent 33 times over. It is not a case of "we don't have the money". It is a case of the owners of this country don't want to actually take care of the people.

My parents are apart of this and didn’t receive any help with all the grants being given to landlords. They are struggling while still being empathetic towards their renters

I pray for everyone struggling right now. We all need more help!!

Many are making more on unemployment than when they were working. No reason rent should go unpaid in those cases.

So if people don’t have to pay their rent why do mortgagees have to pay their mortgage? This is an easy fix if the banks quit being greedy

I wonder why media rarely reports on the enormous homeless situation in every town and city across the nation?

Please also consider that SOME tenants chose not to pay their rent even though they were still working, using Covid exposure as a convenience -- and getting loads of unemployment cash. Not fair and not just. Those who abused the honor system need to be held accountable. Period.

So many loop holes renters can use to really abuse the situation. You can’t trust anyone out here! 🤦🏻‍♀️

I have a house that I’d like to move into, because I am essentially homeless. But the tenants in my house say they can’t leave or pay rent because they have no money or other living options outside of the street. So, as the landowner, I get pay the mortgage and they live in my house for free. Sound fair, right?

Just like before, you go and help mom and pop and the big business shoves their way to the front.

And the government is taking their sweet time..... They don't care!👹👹👹👹

My wife and I worked hard for years to buy 5 rentals so we could live due to physical inability to work anymore as we are in our 60s with no family to help..and bank wants its payment..property is 3/4 paid for after 12 years of sacrifice..we did everything right why are we being punished..and nobody cares..were landlords were rich...our renters make more money than we do..

It doesn’t matter if the landlord is rich or mom and pop set up, the government does not have the right to say a consumer can live for free off of you. Sorry.

If renters don't have to pay then neither should landlords.

The renters are the enemy. 80 percent of the renters are abusing the system

Revolutionary War was fought in part because of this. It was called "Quartering"

How come they can't evict the tenant but they can foreclose on the landlord? But how does they tenant get removed?

Ant there are some tenants who stopped paying BEFORE the pandemic, leaving landlords unable to do anything due to the eviction pause...

My home is paid off but I still pay taxes for my property. When the pandemic hit I was late 6 months on my payment due to a separation. I’ve tried reaching out for crisis relief because the city I live in is suing me. Within a year I have had two court dates for delinquent taxes and could loose my home for 6k in debt to the city and a disgusting 5k in fees for the law firm that the city hired. There needs to be more light shined upon this issue!!

In future news: 'State coffers empty as landlords unable to pay property taxes, while population demands government relief checks.'

This sucks for owners. How is this legal? Owners are really struggling.

Due to the pandemic, everything is going as planned.

So renters refuse to pay rent so they can feed their families and don't lose their homes, leaving landlords to not be able to feed their families and lose their homes?

So my tenant is not paying, yet I still have the mortgage. This is a problem.

Other countries are so much better run than ours with free healthcare and housing. There are people who live off government housing and do literally nothing. Why are people who are working and doing something in society unable to afford housing???

I'm a democrat but california is ridiculous by not helping landlords like myself. Everyone assumed we landlords are rich, hell no, we need help too!

My dad has a townhouse whose tenant is on retirement he receives monthly checks and he is currently living in Nigeria since February 2020 and it’s it now February 2021. He refuses to pay rent and he violated his lease by renting to others who are not on the lease that he put in the townhouse. My dad pays mortgage and taxes from that rent. My dad is a senior citizen and uses what little is left over to help pay for his insulin which is very expensive. This is not right. Every case should be treated differently with the eviction cdc 🛑. It’s not that my tenant can’t pay he chooses not to and is taking advantage of the situation.

Yes, thanks , I am in Tammy ‘s situation- people think 🤔 just because you have property you have money/ My bank extension ends this February/ due to tenants not paying/ I will be fighting to stay out of foreclosure/ 🙏🏾🙏🏾🙏🏾

I haven't received rent in 9 month's. My brother was telling me I should sign up to receive section 8. He has been getting his rent like clock work.

Why doesn’t the government put a freeze on mortgages for property owners in need?

THEY ARE THROWING PEOPLE OUT IN HOUSTON,TEXAS MAY GOD HAVE MERCY UPON ALL MANKIND AND ANIMALS GREAT AND SMALL 🙏🙏🙏🙏🙏🙏🙏

Freaking covid!! This pandemic exposed the weakness in our economy and how many people rely on daily work to be able to provide a life for themselves and their families. May the force bless those in need!

Sounds very intentional to me. They know how this is hurting landlords. They don’t care. If you go into foreclosure then they have their team ready to snatch that property up for pennies on the dollar. Then the owner loses and the tenant loses. But the bank and the potential new owner WINS! They did this back in 2008 when the housing market crashed as well. Have fun everyone. You voted for this.

I feel empathetic with mom and pop landlords. Because I used to be one. In many years my cash flows were always negative monthly. I had to work overtime to make it up. Hang in there!:-(

There are tenants who can afford - and did prior to the pandemic- that use cvd as an excuse to get out of paying rent. Stop kicking the can down the road. These “slackers” are going to be kicked out eventually.

I’m so glad my grandparents sold there rental properties.

The solution would be, not allowing banks to foreclose on properties where an owner cannot make the payment due to the corona virus crisis, oh, wait!....it doesn't work that way, I forgot that most politicians have their money tied up to bank businesses!.....Sorry, my bad!!!!

“Robbing Peter to pay Paul.” 😂 I love this lady

Don't worry, Joe and Friends will extend that pain just a little longer.

Put a moratorium on insurance, taxes, and mortgages! Done!

I've heard of starving artists, but never starving landlords.

This is exactly why I live in my car Anyone can make a tiny home outta their car Tons of ppl do it Elderly ,disabled, and families should have a home without worrying about rent or evictions The rest of us will be okay We all need to stay in prayer for our most vulnerable, because they have a harder time coping Offer help to everyone and stay in prayer This is what God seeks He wants ua to turn to Him

Hey let's send 200 million to Syria.

Without small landlords there would be only home owners and homeless people.

Hey a lot of us lost our homes in 2009. No relief then. Walstreet lost our money , we lost our homes, Walstreet got bailed out and bought our homes.

OPEN THE DAMN COUNTRY!! Lift the rent moratorium and boot them out! It's not fair to the landlords.

Realtors and banks do not care about housing cost and renters nor house owners !

Some of these landlords have turned down payments from helping agencies and government entities due to years of unreported income and fear of back taxes.

Leveraging debt is dangerous. Everyone wants to get into the real estate game, it’s hard, but pay cash for these properties.

This is what happens when you have people that still think hard work pays off and that they'll be millionaires one day. It's a rigged game.

Real estate investing is not for profit now?

This news anchor is stunning. This economy is so scary.

Truth be told, it is (not) a good time in history to be a landlord period

the law of high risk high reward applies to these landlords to be honest. That's why dave ramsey always says that the advice is always, if you can't pay for your rental property on your own if you lose your tenant then you shouldn't do it yet.

The renters don't have to pay rent so they don't. Yet the owner has to pay the mortgage.

Renters. Enjoy it while it lasts. These small time guys will lose their homes to the big rich investors who have a lot of more and power to put you on the streets so milk it as long as you can

I know a few people that are struggling to pay rent. The property owners that have already owned the property for years aren't as concerned. The ones that pay a second mortgage are getting hit hard by this.

What about the hundreds of people stuck with a bum that refuses to pay rent? What about those people? Rent needs paid. Period.

Stop printing money, it is making everything expensive, for us who haven't received any checks, housing is becoming unaffordable.

It's times like this I'm glad I live at my van I'll never rent or buy a house ever again..

I made it through this with my renters. I offered them jobs in case they couldn’t pay rent. They had no excuses.

So it’s alright for landlords to invest into their retirement but now have to watch their investments get washed away because government says renters don’t need to pay rent???? How stupid is government. If you are unemployed they already give you an extra 400 a week?????

Don’t be a landlord until your property is paid off.

March 2020. Some tenants are getting over too. My neighbors don't work, and are not trying to work. Yet, they have money to spend on Marijuana.

It's deeply unfair to expect a business sector to alone provide what amounts to welfare. This burden should be spread among all of us.

The "10%" figure is absolute Bull*hit! Not ONE financial institution would finance a business (that's what owning a rental property is) that has the potential of only a 10% revenue stream ...that's ridiculous. It's not the renter that should be addressed it's the bank that should be required to wait just like the landlord has too!

It's very simple:The house of my friend got CONFISCATED by the government. Tenant stopped paying rent since the start of the eviction ban, he cannot evict him, now, with the new California bill he refuse to sign the application so the landlord will get the money from the state. I really don't know what can be done here, as the tenant is a deadbeat and the court will not help. This is insane.

landlord is not an ethical title to have according to native Americans. Banks own enough homes yet?

Sends chills down my spine, just awful!

Property owners are going to have to give up the properties to the bank 🏦, yikes 😬 Looking forward to having bad credit for the rest of our lives!

Landlords are not renter’s parents. They shouldn’t be the one have to cover renter’s rents. That’s why our society is so screw up because the governments always make laws favorite the poor and rich, but the middle income who works their butt off and pays their taxes on time will get zero rewards or helps.

Wow have to find a different Cash cow to invest in mortgaging property is out of the picture to many headaches with renters

if you don't actually fully own it, then the problem is Your management of assets. no pity for landlords. property tax and utilities is a couple hundo per property. Your burdening the tennants with paying your mortgage???? not the landlords lol wow this video is wack

Landlords get no rent, but their payments and the taxes go on.

Prayers for everyone this will get better and pay or communicate with your landlord this hurts everyone

They’re talking “mom and pop” these are real estate owners, they own property and keep them open to the public to freely rent or buy

This is so sad I really feel for mom and pop owners 🥺

Government should be sued for interfering with private contracts. It is theft plain and simple.

Wouldn't a wealth tax put on the 1%, pay for all pandemic issues. So many countries are doing this, to keep lifelines @ protect citizens

Wife and I are working 2 jobs each , we are paying for our renters rent 🤷🏻‍♂️. Funny how they just bought a new car and living rent free . Ohh well we can’t complain, no excuse’s just gotta put our head’s down and bust our butts .