Airbnb/rental covid relief

My dad has a condo in FL and depends on the rentals through Wyndham to pay the mortgage. He applied for the Cares Act but hasn’t heard anything past getting a claim number.

Sooo anything we can do? What did the article say? I assume it behind a paywall?

Man this is a really big issue that is being forgotten about.

The management companies and cleaning services that care after these properties are also taking a beating.

My housekeeper had a crew of girls that went from cleaning 30-40 air BnB's in NOLA to zero....she had to let them go find their own work and since some of them were undocumented they cant apply for unemployment or get a stimulus check.

Luckily my girl is legal, although she doesn't speak very good English, she has a few homeowners that are keeping her busy but with everyone being home these days people are cleaning their own homes.

She's going after doctors and medical workers since those are the only people that are working and can afford a housekeeper.

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Should people receive relief for this?

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I want to say no. If you over leverage yourself and reap the rewards during the good times, you should be prepared to face the consequences in the bad times.

But corporate America has been doing this for a long time and was emboldened to continue to do it after they were bailed out in 2008.

So I guess f@k it, it’s time for the little guy to get a break too. Bail errybody out

Saw in in hard copy. I expect the digital version is behind their paywall.

As I recall, it mainly focused on the plight of the owners in several different situations. Don't recall much talk of government help, but it discussed some of the things AirBnB was doing, including how it handled cancellations.

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Sooo anything we can do?

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While it is unfortunate, sell the property(s) if one cannot afford it or if over leveraged.

Yeah my first instinct is no as well.

A landlord assumes risk when they buy the property. Rent is never guaranteed.

I don’t think calling him “greedy” is the right term at all. He’s a very successful businessman and has his hand in different revenue streams.

I’m not saying he needs or doesn’t need it. All of his business’ were hit hard bc of this. As I’m sure a lot of other business owners were. I was simply asking a question out of my own curiosity.

Yessir keep working that 9-5