The Impact of COVID-19 on Real Estate Legislation in the Bay Area and Nationally

The Myndful Investor

Real estate is a business, and it has laws, rules, processes and procedures. Not knowing them is not an excuse, even if they are changing all the time as they are in 2020. Our special guest today, Daniel Bornstein, is an attorney based in California, who specializes in advocating for the rights of owners in landlord-tenant disputes and complex real estate litigation.

We talk about the impact of COVID-19 on real estate legislation in the Bay Area and nationally, and why his role is so vital for us investors. We also discuss how we as owners and investors can find legitimate resources and sound advice to help us to navigate the legal challenges we are facing during the pandemic.

What We Cover

1:53 - Daniel Bornstein’s background and how he specialized in real estate legislation.
4:12 - Why owners are attempting to do things by themselves and avoid hiring an attorney.
10:03 - The biggest legal challenges for the investors during the pandemic, and how things are developing.
15:28 - The problems that arise with the moratorium on evictions and delayed rent payments.
19:24 - How the demographics of the cities are going to change with people moving out and working remotely.
22:38 - How many investors are facing foreclosure in January 2021.
24:41 - The potential opportunities to invest in rural housing with home offices, or private study rooms in the cities.
29:09 - The legal obligations of owners towards the tenants in the context of COVID-19.
33:55 - How to juggle between protecting the tenants, protecting the assets and staying within the confines of the law.
37:12 - Where investors can find resources to stay current with the COVID-19 related legislation.
40:54 - How to decide whom to ask for advice and take into account differences between various local legislations.
46:13 - How to get in touch with Daniel Bornstein.

Show Resources

• Bornstein Law
• Find Bornstein Law on Facebook
• National Apartment Association
• Houston Association of Realtors
• Houston Association of Residential Property Managers

Meet Daniel Bornstein

As the founding attorney of Bornstein Law, Daniel Bornstein is a well-respected authority in landlord-tenant disputes and property management issues. With over 23 years of experience in handling real estate and civil litigation throughout the Bay Area, he also manages rental properties, is instrumental in completing real estate transactions and is renowned for his educational seminars.