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Apartment landlords are finally seeing positive revenue four years after Covid-related rent\xa0 moratoriums, but the eviction saga continues. Landlords are able to replace non-paying tenants by evicting them, but the legal proceedings don't happen overnight. \xa0 As you know, Covid triggered eviction moratoriums for tenants who weren\u2019t paying rent. That helped many people who lost jobs, got sick, or had other Covid-related issues. But the protections continued well past the end of the emergency. \xa0 Although most of those moratoriums were canceled more than a year ago, some ended just months ago. According to BisNow, landlords are now slowly replacing tenants who don\u2019t pay their rent and are finally seeing revenue from those units. They reported during fourth-quarter earnings calls, that this sliver of revenue is helping multi-family focused REITs get back on their feet.\xa0 \xa0 This comes at an especially good time since many apartment landlords also face issues with higher costs from inflation and loan maturities that need to be refinanced at higher interest rates. As BisNow reports, \u201cREITs eked out razor-thin margins over analysts\u2019 expectations\u201d but it\u2019s enough to keep them afloat... \xa0 ...That\u2019s it for this episode. You\u2019ll find a link to the BisNow report in the show notes at newsforinvestors.com. Sign up for a free RealWealth membership if you\u2019d like to continue your real estate education. You\u2019ll also find opportunities for investing by logging into the investor portal. Again, it\u2019s free to be a member and take advantage of our market data. We appreciate you subscribing to this podcast also, if you haven\u2019t already. \xa0 Links: \xa0 1 - https://www.bisnow.com/national/news/multifamily/multifamily-apartment-reit-2023-q4-earnings-bad-debt-new-supply-122946