Posted at September 3, 2021 Posted In Uncategorized

It’s become almost the new normal to hear things referred to as, “unprecedented”. But, in these unprecedented times, some good news has finally come to those in the residential rental industry…

Are you ready?

The Supreme Court of the United States (affectionately referred to as SCOTUS), has Blocked the CDC’s Eviction Moratorium!

The decision, as with most decisions from the Supreme Court is a bit lengthy (you can check it out here), but one important portion that really stuck out to us was this:

“… It is indisputable that the public has a strong interest in combating the spread of the (COVID – 19) Delta variant. But our system does not permit agencies to act unlawfully even in pursuit of desirable ends.

It is up to Congress, not the CDC, to decide whether the public interest merits further action here. If a federally imposed eviction moratorium is to continue, Congress must specifically authorize it…”

Small, independent owners supply nearly three-quarters of all U.S. rental homes. Relative to larger landlords, they are more likely to rely on their properties as a primary source of income.

The end of the eviction moratorium is a huge step forward for anyone managing residential rental properties. Landlords, property owners and management companies across the country have been calling for the end of this moratorium since the beginning, and finally, a reprieve is here.

Have you been waiting for the perfect time to join the residential rental industry? We’ve got investment opportunities for investors just like YOU! Schedule a call to discuss your options, today!

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