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Updated over 1 year ago on . Most recent reply

User Stats

28
Posts
16
Votes
Alex Pelin
  • Oakland, CA
16
Votes |
28
Posts

POLL: Rent delinquencies, January 2021.

Alex Pelin
  • Oakland, CA
Posted

Approximately $9.75B in rent payments were late or unpaid in the US multifamily sector, this month.

What's the percentage of your units that are late/didn't pay rent this month?

Examples:
- less than 15%
- 10%-25%
- 25%-50%
- 50%+

Most Popular Reply

User Stats

28
Posts
16
Votes
Alex Pelin
  • Oakland, CA
16
Votes |
28
Posts
Alex Pelin
  • Oakland, CA
Replied

@James Hamling, I can speak from my experience. 
Last summer when the tensions in the rental market were building up, me and my partner decided build something that would help anyone affected by the C19 find a way out of debt and hopefully avoid evictions. 
In October 2020, we launched free tools for collection of missed rent, security deposits (installment plans) or regular rent. Our goal is to provide structure by helping anyone manage these plans with payment reminders, online payments and simplicity of setting them up. Since then we've been helping tenants, landlords and PMs - Nationwide. 

My work and research focuses on social impact and fintech (financial technology) products that can make housing more accessible and help landlords and tenants achieve financial wellness. 

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