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Updated almost 5 years ago on . Most recent reply

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6
Posts
4
Votes
Robert G Turnier
  • San diego
4
Votes |
6
Posts

Rent reduction for those affected by Covid-19

Robert G Turnier
  • San diego
Posted

We currently have 11 units, excellent tenants and most of them are losing sources of income. As a proactive measure we reduced their rent by 50% for the month of April and will look at May in a few weeks.

Is anyone else doing something like this?

Most Popular Reply

User Stats

529
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414
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Will G.
  • Rental Property Investor
  • Maryville, Tn
414
Votes |
529
Posts
Will G.
  • Rental Property Investor
  • Maryville, Tn
Replied

To volunteer rent reductions doesn't seem the best approach. If tenants get govt money do they have to give you the other 50%?

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