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Alaska Real Estate Q&A Discussion Forum
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Updated about 4 years ago on . Most recent reply

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44
Posts
9
Votes
Tom S.
  • Colorado
9
Votes |
44
Posts

Alaska Multi family owners - how has on time payment been?

Tom S.
  • Colorado
Posted

Hey Alaska rental owners, I'm just curious how you are doing with on time rent payments? Are people paying on time? Late? How are vacancies doing? Any modifications to leases?

I dumped my rental in ER middle of last year, it was a dog. I've been seeing quite a few multi family listings, was just wondering if the sentiment is to get out? The rest of my units are in CO and doing well. Everyone has paid rent. I adjusted one tenants due date because of how is work pays out. Another wanted to leave but in the end stayed when they realized my unit was still a good deal. 

I'm still interested in Alaska, but it seems that any good economic news is lacking. Especially with Peddle pretty much dead.

Most Popular Reply

User Stats

71
Posts
28
Votes
Tyson Cox
  • Rental Property Investor
  • Soldotna, AK
28
Votes |
71
Posts
Tyson Cox
  • Rental Property Investor
  • Soldotna, AK
Replied

We have 48 units throughout the Kenai & Soldotna areas. All are rented and all are paying on time, minus the one or two who regularly pay a few days late. My real concern is what might happen this winter. With the possibility of unemployment benefits going back down and a federal push to mandate no evictions again, landlords may be stuck with nonpaying tenants for an extended period of time. I hope this will not happen, but I am preparing.

  • Tyson Cox
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