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Updated over 4 years ago,

User Stats

62
Posts
6
Votes
Nyan R.
  • Rental Property Investor
  • Brooklyn, NY
6
Votes |
62
Posts

Covid 19 Tenants taking advantage

Nyan R.
  • Rental Property Investor
  • Brooklyn, NY
Posted

Hey BP,

I'm having issues collecting rent due to Covid 19 and the eviction moratorium. I was in the process of evicting my tenants before Covid 19 hit but when April came around everything went downhill - tenants stopped paying their rent, I had to change my management team and maintenance costs/cap ex went up. i am struggling paying my mortgage and also keeping a roof over my head. I was thinking to going on forbearance but I dont need my credit score to go down. what you suggest I do? also I found out there is a clause in the no eviction that I'm planing on using.

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