Supreme Court JUST Ended Evictions Ban | The Eviction Crisis.

hey everyone kevin here this is breaking

news this is a really bad week for a joe

biden

the eviction ban is

over the united states supreme court

just canned it so here's a kind of what

happened and what what what this means

going forward because these are big

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okay so first we had uh the eviction

moratorium that continued to be extended

with a ctc

letter or order essentially that said

hey it's dangerous for people to get

evicted because that could spread covid

well the first one of these was thrown

out of court and then joe biden and the

biden administration threw together

another and said hey well this one will

get us at least until october we don't

think courts will act until october

let's just do a slightly reworded

eviction

moratorium with the cdc change the

requirements a little bit and uh let's

just put this back together so that way

evictions are on hold again so evictions

went on a halt then of course the very

next day realtor associations starting

with at uh realtor associations out in

atlanta

sued the cdc

saying this is unconstitutional or we're

against the law the supreme court just

threw out the eviction ban and now you

just basically revised an eviction ban

and tried to have an eviction ban again

and now you're trying to play the legal

process of well it's going to take a

while for courts to actually respond to

this so at least we'll have eviction

bans for the next two months or so joe

biden literally said that himself he's

like oh yeah like this is probably not

illegal but we're just going to do it

anyway to try to help tenants uh and

this was big you know a big celebration

like aoc and other people were out on

the uh the capitol steps uh in uh in

washington dc celebrating this new

eviction moratorium and everything uh

and a lot of this has to do a lot of

this sort of frustration in the rental

space doesn't have to do with the fact

that

landlords are bad people or that tenants

are bad people it has to do with the

fact that state governments like

california's government are screwing

tenants and landlords why because the

federal government that's nancy pelosi

mitch mcconnell congress right the house

of representatives in the senate

they agreed to give americans 47 billion

dollars of rental relief

and they agreed to give that to

americans starting in december and

february of this year there were sort of

two rounds of funding this pot with the

stimulus check packages the 600 package

and the 1400 package and so what ended

up happening well states totally punted

getting people money i think only like

10 or 11 percent of money countrywide

amer you know across america has

actually been distributed to tenants

which is a crime i think we're at like

5. 5 billion dollars of distributions

out of 47 billion that's insane it's

slightly over 10

that's super low that means 90 of the

money that's allocated for people to get

free rent like you know up to 12 months

of background paid and up to three

months of rent going forward paid it's

just sitting around somewhere in a bank

account while people are are struggling

and suffering

it's been like seven or eight months i

mean this is ridiculous we're almost in

september

it's insane how long it's taking to get

this rental relief money governor newsom

in california is even worse i think

we're only at like six percent

distributed in california it's like how

stupid can you be people are having a

christ people need to catch up on their

background from covin the government

said we'll pay it for you and you just

sit around for eight months like this is

so wrong

so anyway uh when when the cdc was sued

with this new biden extension through

october

the first judge who heard this case and

and looked at the preliminary injunction

for this case

said no i'm going to side with the cdc

i'm not going to rule on an injunction

on this that and that would stop the

lawsuit right i'm not going to rule on

this i'm just going to wait i'm going to

punt this i'm not going to respond to

this yet that way tenants are basically

still protected

but the supreme court of the united

states

just now like minutes ago in a 6-3

decision like it wasn't even close like

the supreme court just smoked this law

or not law the cdc eviction war term

biden's team just got smoked

the cdc eviction moratorium just got

fully

canned this literally means there are no

more coved eviction protections it's

thursday tomorrow courthouses are going

to be like

exploding with new eviction filings like

the eviction crisis could literally be

starting tomorrow

then over the next 60 to 90 days we

could start seeing a lot of real estate

hit the market now

more real estate hitting the market

maybe we're not sure it depends how long

it'll take for these properties all to

process

uh if landlords evict tenants and if

rent relief doesn't get out to them and

then if those landlords decide to sell

that property that means there'll be

more opportunities on the market

somewhere between i would say uh

thanksgiving time and uh the end of

january so we could see uh evicted sort

of real estate rental properties show up

between that time so that could be an

opportunity for people who want to buy

to buy real estate uh who knows how many

properties would actually hit the market

i don't think we'll have any kind of

changes in interest rates

so i don't think interest rates will

push pricing down for real estate at all

by us seeing higher rates but it is

possible we could see a substantial

uptake in inventory if all of a sudden

these evictions start getting processed

in prostate processed

the one thing that could really hit the

brakes on this and this is what i

encourage for tenants and landlords who

are in this situation or for people who

are stuck in this devastating situation

where they lost their job for no fault

of their own landlords are now not

receiving rent

because the tenants lost their job or

whatever through covid whatever

uh my number one and seriously like my

best recommendation is folks do whatever

you can to apply for that rent relief in

order to apply for the rent relief you

should google your county so whatever

county you're in just type in like

broward county miami-dade county rent

relief broward county rent relief and

county rent relief

most states have county by county

portals if you can't find anything there

you can always try city but you should

be able to get a directory from your

county

you need the tenant and landlord on the

same page to actually do rent relief

this is very difficult because a lot of

landlords and tenants hate each other i

am all about win-win negotiations that's

what i teach in my courses link down

below uh 40 coupon code by the way

expiring august 31st but i have courses

on do-it-yourself property management

rental renovations uh and investing in

real estate and the most important thing

is that

you have to have a win-win relationship

with your tenant

or or your your landlord uh and now of

course there's a whole lot more in the

course

in terms of how to do this and how to

negotiate and everything right and

things to do to minimize your chance of

an eviction

uh but the reason it's so important is

because you're both in this together you

both just got screwed one of you got

screwed by covid and the other one you

got screwed by kova too

so like nobody's at full usually what

happens though is like landlords build

up resentment for the tenant the tenant

starts ignoring the landlord so quite

frankly you're both at fault for for

failing to communicate if that's

happening you got lots of resentment or

you're ignoring your landlord

get off your high horse get back on the

phone and just or send a text message

just saw the eviction uh moratoriums

lifted why don't we try to work together

and and start on a new leaf here and

work through rent relief through the

next 30 or 60 days let's try to get 12

months of back rent for free

i think you have to make like less than

i think gosh what is it uh the the

rental uh relief requirements are very

very liberal uh very uh they're pretty

liberal i wanna

let's let's do a quick look together

okay uh i'm pretty sure they just sort

by

income so they prioritize lower income

folks but let me do this let's go to

like broward county rent relief

in florida let's just do that together

see i've been at this webpage before

all right rent assistance all right

let's go look at this together here

so

uh here we go

now accepting applications so broward

county got 53 million dollars so an

eligible household is defined as a

renter household in which at least one

or more of the individuals meets one of

the following criteria okay so one or

more of the following criteria qualifies

for unemployment

has experienced a reduction in household

income has incurred significant costs or

experienced the financial hardship due

to covet due to anybody

anybody can say i have a financial

hardship due to covet demonstrates a

risk of experiencing homelessness or

housing instability that's basically

anyone uh has a household income out or

below 80 percent of the area this

remember this was uh this over here was

one or more of the following criteria so

if you could show you have a financial

hardship due to covid you should be able

to apply to this the the only and i see

right here is demonstrating a risk of

housing instability and have an income

at or below 80 of the median income but

if you can prove this right here that

you've had significant costs or

experience the financial hardship you

should be able to apply

so really anyone should be able to apply

they do they'll prioritize people with

an income out or below 50 percent of the

median area income but don't worry about

it just apply if your income is about

that

like just get in

uh is so so so important get in look at

that eligible households may receive up

to 12 months of assistance measured from

march 13th 2020 plus an additional three

months paying forward

that's crazy

that's crazy like even if you've just

missed a uh uh a a like a utility

payment you can apply for this it's

really really uh liberal not to say

liberal as in like left or right you

know i think i know i know everybody's

so politically sensitive these days okay

but uh please please please please

landlord or tenant

try to work together

number two looking for real estate deals

medcam.com deals

number three

i wish you all the best and thank you so

much for watching

this is a crisis

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