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Updated almost 5 years ago on . Most recent reply

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157
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Rob Hakes
  • Murray, UT
154
Votes |
157
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PM is offering a $75.00 discount if tenant pays in April and May

Rob Hakes
  • Murray, UT
Posted

Just got an email from my PM stating that they will offer tenants a $75.00 discount if they pay rent in April or May.  From first glance i am okay with this.  I think this might weed out those that won't pay due to Covid, but probably still could.  As much as we can mitigate massive repayment plans that probably wont work, i think i need to know who the tenants are that may still be able to pay.

Any thoughts on this?

Most Popular Reply

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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
3,901
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2,834
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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
Replied

@Rob Hakes

Of course, for those that have lost work or truly need help, the $75 does nothing. And your PM will still have to deal with those that have a real problem. This solution merely gives a discount to those that didn’t need it. Your PM is under an assumption this will keep people from taking advantage.

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