Dtail
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
A reason?View attachment 36076
The Florida man is as good as reason as any other.
A reason?View attachment 36076
That thought occurred to me.Jobless claims fell, maybe the market feels that if this trend continues there will not be a need for another $1T stimulus and since this was "baked" into the prices, now the cake is getting unbaked ?
Who knows...
It's slowing, or it's going up, then ADP says less than expected. Try to follow the bouncing ball.Jobless claims fell, maybe the market feels that if this trend continues there will not be a need for another $1T stimulus and since this was "baked" into the prices, now the cake is getting unbaked ?
Who knows...
Wacky. Today kicked our ostensible NW over 6M. Was hoping that rent payments would get us there before quarterlies take their bite, but turns out those deposits today and about an equal amount according to Morningstar today got us well over the hump. Meanwhile our 9 unit apartment sale continues on track, which will add to the stash. If only I didn't feel like our dollars are falling in value faster than the market is rising. Crazy times. We now have a tenant who is working, but not paying rent - and according to the CDC we can't evict till January. She's several months behind now, and does anyone really think she'll pay her back rent? Ever? And we are ordered by the CDC? Wacky. Good to be secure.
I'm just happy that we aren't having those up 1%, down 1.5%, up 1% days.
Oh, well...
I took a second before I posted, thinking that if I did, volatility would surely return. You all can blame me.
Oh sorry. My bad[emoji852]I’m blaming all of you, everything was going well and then y’all had to start this thread...
.... We now have a tenant who is working, but not paying rent - and according to the CDC we can't evict till January. She's several months behind now, and does anyone really think she'll pay her back rent? Ever? And we are ordered by the CDC? Wacky. Good to be secure.
To be eligible for protection, every adult tenant on
a lease must prepare a Declaration Form, or similar
document under penalty of perjury, to prevent an
eviction from occurring. This form can be provided
directly to the landlord or property owner during the
time the rent payment is due or at such time the tenant
receives notice that an eviction complaint was filed
with a court.
Through the Declaration Form, the tenant affirms
each of the following:
1. They have used best efforts to obtain government
assistance for rent or housing;
2. At least one of the following requirements applies
to them:
a. Expect to earn no more than $99,000 in annual3. They are unable to make full rent payment due
income for Calendar Year 2020 (or no more
than $198,000 if filing a joint tax return), or
b. Were not required to report any income in
2019 to the U.S. Internal Revenue Service, or
c. Received an Economic Impact Payment
(stimulus check) pursuant to Section 2201 of
the CARES Act;
to substantial loss of household income, loss of
compensable hours of work or wages, a lay-off, or
extraordinary out-of-pocket medical expenses;
4. They are using best efforts to make payments as
close to full payments as possible; and
5. Eviction likely would render them homeless or
force them to move into and live in close quarters
in new congregate or shared living setting because
no other housing options are available.
Renters with questions about the CDC order or
Declaration Form may find additional information
at the Ohio Legal Help website or should contact an
attorney.
I'm just happy that we aren't having those up 1%, down 1.5%, up 1% days.
If days like today bother you.... don't own stock. If it went straight up, then I'd be concerned...
My understanding was that there were pretty specific criteria in order for an eviction to be stayed... does she meet it? Hawaii may have different procedures, but my point is that it is only CERTAIN evictions that are prohibited... others can continue.
See https://supremecourt.ohio.gov/coronavirus/resources/cdcEvictions.pdf
We are in Oregon - pretty tenant friendly state these days:
https://oregonlawhelp.org/files/CCD...c-laso-eviction-moratorium-updates-7-1-20.pdf
We are in Oregon - pretty tenant friendly state these days:
https://oregonlawhelp.org/files/CCD...c-laso-eviction-moratorium-updates-7-1-20.pdf
I would frame "tenant friendly" as "stupid"... in that they have not in any way tied relief to some sort of adverse financial consequence as a result of covid.
For example, I know a number of lucky people who have not been adversely affected by covid at all... still working as they were before... if I read this right they could refuse to pay their rent all these months... that is truly stupid.
Yep, think you read it right - I could get cranky about it, but the vast majority of tenants are treating us right. And I'd rather be in my position than the tenant's, so am choosing not to get excited.
I looked at what stocks did well Friday... low and behold BANKS!