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Updated over 3 years ago on . Most recent reply

User Stats

116
Posts
68
Votes
Marc Stevenson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
68
Votes |
116
Posts

Many tenants have no idea how Texas Rent Relief works.

Marc Stevenson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
Posted

Just had a unique experience.  I met with a multi-unit property investor (38 unit).  During our discussion he mentioned that he had $30,000 in uncollected rents due to renter non pays during COVID.  He was unaware that Texas Rent Relief could help him to collect that unpaid rent.  Many tenants simply to do not know how to file for it and aren't really motivated to as it primarily benefits the property owner.  Please make sure you're up to speed on Texas Rent Relief and how if can help the investor to recoup any unpaid rents on investment properties!  

Most Popular Reply

User Stats

204
Posts
161
Votes
Andy Eakes
  • Property Manager
  • San Diego, CA
161
Votes |
204
Posts
Andy Eakes
  • Property Manager
  • San Diego, CA
Replied

It's been a mess. I think only 10% or so of the rent relief money has been used so far. I think you hit it on the head though when you said that tenants simply do not want to cooperate because it benefits the landlord more, and landlords haven't been able to evict so there is no reason to worry about paying. The paperwork takes 15 minutes tops to fill out and the money is yours. I'm sure I do not need to explain the craziness here in CA, but friction between tenants and landlords continues! 

  • Andy Eakes
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