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Updated almost 5 years ago on . Most recent reply

Account Closed
  • Investor
  • Milwaukee, WI
1,230
Votes |
1,012
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May Rent Coming Due - What Are You Gonna Do?

Account Closed
  • Investor
  • Milwaukee, WI
Posted

With May coming due and the pandemic another month in and no end in sight, I wonder what other landlords are going to do this month? No pay no stay? Tally it up and evict later? Raise rents to cover losses? Grace? Blanket policy? Case by case? How are mortgage deferments going? Is anyone in an area without an eviction ban? Is anyone in an area with an eviction ban but not a foreclosure ban? Has anyone received an SBA loan or other assistance?

Last month was pretty interesting, but most rents got collected. I predict this month is going to be different.

I haven't decided yet. I guess I ought to make up my mind. All of my tenants are screwed.

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I plan on sitting back and collecting 100% of rents again.

  • John Underwood
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