It's estimated that more than 11 million families are behind on their mortgages or rent. The biggest block, nearly 8.8 million people, are behind on rent, which affects landlords directly. While it's understandable why the eviction moratorium is so important, it's also leaving landlords in a bit of a pickle.

Single-Income Issue

Landlords have a lot to worry about, like property taxes and insurance. Even worse, if landlords took out a loan to purchase the property, they have mortgage payments. A good chunk of landlords are small-time investors, and they rely on their rental units as a source of income. Sometimes, it's their only source of income. For these people, not collecting rent means income is non-existent. Even if some of their tenants are still paying, they usually need most tenants to pay. This is putting extra pressure on landlords, and they are facing some troubles. All those bills still need to get paid, and they're caught in the middle of it all.

Retrieving Some Income

Renters haven't done anything wrong here. They are suffering just like the landlords, but that doesn't negate the fact that rental property owners need their money. Since the moratorium protects renters, they need a solution. Many landlords are asking themselves if there's a way to collect money from renters, like maybe through credit. The answer to can you put rent on a credit card depends on the landlord or property management service. Rental owners have the power to initiate something like this to get paid.

The Eviction Battle

A number of landlords are figuring out how to evict some of their tenants because they don't have any other option. The moratorium has put a halt on that, but landlords are still moving forward. They can't go against the order, but they can start the process and file the paperwork. This part still takes time, so many landlords are doing just that. The courts won't do anything about the case, but at least, they'll be ready because the moratorium isn't going to last forever. The ban on evictions came a few days after it had expired, so a few landlords were able to evict tenants. If this is the best route for a landlord, it would be a good idea to get started.

Fighting the Ban Legally

Some landlords are taking a step against the ban saying they believe it's unconstitutional. They're being told to house folks and absorb the costs of doing so. Landlords throughout the country are trying to see if they can get their local governments to lift the ban because they don't believe it's legal to force them to house these tenants. Some landlords are taking their concerns to lawyers to see if there's something they can do to fight the ban altogether. Each county and state have their own set of laws, so just because one landlord is unsuccessful in one region, doesn't mean the next landlord is going to be unsuccessful.

Requesting Assistance

The financial issues people experienced during the pandemic created a problem between landlords and tenants. Rental property owners have nothing against their tenants. Sometimes, the idea of finding a way to evict people when they don't have a job feels a bit heartless. This is the reason some landlords are doing what they can to apply for assistance on behalf of their tenants. The U.S. Department of the Treasury created the ERAP or the Emergency Rental Assistance Program. This program has a total of $25 billion to help folks who are struggling to pay rent. If tenants can get this, they'll be able to pay, and that should relieve some stress.

People should keep an eye on further developments because financially strapped landlords may have to sell their properties. Some of these landlords are leasing to the more financially vulnerable part of the population, which can make the problem worse for them.