News on mortgages and collecting rents during coronavirus

[Zac Boelkow]

I am curious what others are hearing and doing during this coronavirus time. Personally I am watching what businesses are being forced to close. I am not sure what I will do if my tenants are impacted. I may wave late fee's and also considering waving rents. Also wonder how I could wave rents for some that are out of work and still collect from others. This is going to be interesting...

[Bill Horton]

We are working with multiple retail tenants and will likely be doing a moratorium on rents, then will amortize the balance due over the remainder of their lease.  Not sure if that is the best option or not, but we figured we give up a little now to help them stay in business and will recover from it later in the year.