All Forum Posts by: Carlos Lez

Student rentals bring along with them different challenges a whole different crisis during this pandemic. Nearly all academic institutions have gone online and therefore students who had signed one year leases have returned home and want out of their leases. I have not seen any discussion on this particular rental market niche. It would be nice to hear of peoples opinion on how they are handling this situation and collecting rents. It would be impossible to fill vacancies during this time.

Though many of us have collected rents in April, now that May 1st is rolling around and a lot has happened in April (with stimulus checks, the SBA PPP program, EIDL, unemployment etc) and also all sorts of information being thrown around such as rent forgiveness, rent strikes etc. What do fellow investors anticipate for May rent collection. I have already had an inquiry saying can I not pay for May due to the pandemic with no explanation as to why?

Do you have any suggestions of how to address student rentals where universities have gone online and students are requesting to break  their leases?

What do you do in student rentals when students are threatening to break leases en masse because their university has got online and the odd jobs they were doing to to support themselves have closed?

In the wake of this COVID19 situation do you think that the Santa Clara County Tax Collectors Office would push out the due date (April 10th) for the second installment of Property Taxes?

Hi,

A tenant of mine asks how will rent work since the city is under lockdown and their job has closed down till further notice. What is the landlord's recourse if people start leaving. How should we respond?

Thanks