Imposing a fee is one thing; collecting it is another entirely.

The rent I am collecting is $650, only expenses are tax and insurance, which equal out to $120 combined. 

Hi all, 
I'm trying to gather data for how individual lenders are handling forbearance. I'm particularly interested in learning which lenders are allowing forbearance but are not adding the payments on to the end of ...

But on the other hand, if all your other costs stay the same, a 5% reduction in expected rent is gonna hit the bottom line hard.My properties are low leverage and have plenty of buffer so a 5% reduction doesn't factor in, especially in the short term, but wondering how you all interpret a 95% collection rate from pre-COVID levels.

What percentage of rents did you collect in April?

And my biggest question is what is the best/easiest way to collect rent.

As a real estate agent who doesn’t collect weekly checks and some lenders ask for paystubs.

I’ve already collected from a few tenants early.

I collected 100% of rents in April (like usual) on my 9 units, albeit 2 asked for a few extra days to pay.

I hope to see this thread as positive as April rent collection turned out to be.