I have an apartment building under contract that our lender backed out on this week because they canceled their 30-year fixed program.

Again, we must weigh this with the advantages of having a bigger mortgage, how many loan programs you have available, cashflow, your resources and your specific goals.

I'm not sure if on the Property management or asset management side there is any thing about delaying paying building bills, water, electric, mortgage, insurance....Kindly let me know if any of you aware of any laws or programs that we can apply for to protect the business until this issue get back under control. 

I've also instructed my property managers to focus on communication with current tenants in case they can't pay.

I am following Brandon Turners method of emergency rent reduction program.

If they want my rental, they follow my instructions.

As we’re approaching the second and third week of tenants possibly being impacted by Covid-19 furloughs I’m curious if anyone knows of resources we can share with tenants when they approach asking for forbearance or payment plans.I know KS has put a halt on judicial processes for evictions and whatnot, so I’m curious if they also have setup some sort of funds or programs to help ppl get through a rough month or two?

If they work with us, we’ll work with them.Another thing we’re doing is providing a list of rental assistance and unemployment programs.

Republican or Democrat wants to be known as the person that shut down an affordable housing program on their watch.

I'm kind of expecting these programs to be stood up and funded on a national level otherwise there is going to be huge eviction problem this summer.