What do you think will happen when the eviction moratorium expires? Been seeing a bit more investors selling their properties than usual lately. Let’s say a bunch of houses flood the market, won’t these just get scooped up by all the investors?

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I have seen a ton of multi-families come up for sale in Chicago. I am speculating, but to me that means they are having problems with rent and trying to sell before moratoriums are lifted. That being said, these are in nicer areas so probably wouldn’t have a hard time finding new tenants, so could be trying to get in on a hot market.

This non sense with eviction moratoriums needs to end. Perhaps not in all areas but in my area every time I turn around I see now hiring signs. Like everywhere.

So many people who can afford to pay rent aren’t because they think the rent will be forgiven too.

There’s a huge shortage of inventory in the multi family space right now. In Chicago a multifamily prices right goes in less than a month for multiple offers, and at a higher value than years passed. I honestly don’t thing the moritorium affects that too much. Sellers are selling because the market it hot, interest rates are low, and thus their property can go for more. Plus if you really want a tenant out, there are ways to get them to leave (cash for keys being one). The vast majority of landlords are still collecting rent too, evictions shouldn’t be very common if you screen tenants well. I struggle to see a situation where the moritorium ending puts more properties in the market

I think properties will hit the market from homeowners that can’t service their new debt - forborne payments plus new payments - not necessarily from investors.

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