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Updated almost 5 years ago on . Most recent reply

User Stats

104
Posts
19
Votes
Vincent Plant
  • West Chester , PA
19
Votes |
104
Posts

Gave tenant rent discount for Covid relief, still no rent.

Vincent Plant
  • West Chester , PA
Posted

Well the 2nd month in a row my tenant asked me to work something out because she lost her job cutting hair from the pandemic.

The rent is $1,150. It’s low budget home. Last month I took the compassionate route. She approached me and asked what she should do. I knocked $500 off the rent. She paid me the balance right away.

This month sure enough she reach out on 4/30 asking how much she owes this month. I said, the full amount. She said she doesn’t have it and hasn’t gotten her stimulus or unemployment money yet.

I said ok and told her this will be the last time and knocked $400 off the rent. She hasn’t paid anything yet.

What are people doing when their tenants can’t pay? I know evictions are banned, but are we as landlords supposed to just forget about the rent that’s due?

What are we doing here?

Most Popular Reply

User Stats

433
Posts
283
Votes
Matt Ziegler
  • Rental Property Investor
  • Colorado Springs, CO
283
Votes |
433
Posts
Matt Ziegler
  • Rental Property Investor
  • Colorado Springs, CO
Replied

Communication is key, honest discussion about the situation, theirs and yours is needed. In the end, the tenant owes the rent and you must collect, or move on.

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