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Non-Tech : Investing in Real Estate - Creative Opportunities

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To: renovator who wrote (2702)3/15/2021 11:15:00 AM
From: Madharry  Read Replies (2) of 2713
 
thanks for the informative comments. I have purchased several mreits but decided to avoid those with nyc office exposure. I suspect that many renters who are not doing that well financially will simply leave and find another rental sticking the landlord with the back rent owed. Sad to say I dont think people are particularly honest or moral. I wonder what remedies landlord have to go after such tennants for back rent.

is there anything in the covid bill to compensate landlords for renters who dont pay their rent?
In my subdivision in Arizona there have been recent sales of similar houses to mine that went for at least 30% more than I paid 4 years ago. But I think its still cheap compared to other metropolitan areas.
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