Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Matthew Mehr
0
Votes |
2
Posts

Emergency Rental Assistance Program

Matthew Mehr
Posted

Good Afternoon, one of my tenants just reached out about applying for ERAP. I have no problem doing my part to assist but I was curious, is there any negative to the landlord by doing this? Also, while I was trying to fill it out it asks for how many months is he/she behind rent. Well, this tenant is not behind rent at all but will be going forward. Does this program help people that expect to be not able to pay future rent payments? Thank you! 

Most Popular Reply

User Stats

6,023
Posts
5,067
Votes
John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,067
Votes |
6,023
Posts
John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Matthew Mehr this is tricky for sure. If the tenant is about to be behind, why not wait to apply until the tenant is actually behind? I feel like this program is really messing up life for the decent tenants out there as they can't prove as much need. We have had several tenants receive aid, but the scary part is that all of the ones who did stopped paying any rent at all while they were waiting for the assistance. I personally cannot wait until this program goes away and this whole thing goes away. It only encourages poor behavior in my opinion and there are plenty of programs that help tenants in need here in Chicago anyways. 

  • John Warren
  • Loading replies...