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re: Landlords: how are you handling this?

Posted on 3/26/20 at 9:48 am to
Posted by GentleJackJones
Member since Mar 2019
4184 posts
Posted on 3/26/20 at 9:48 am to
My tenants are aspiring musicians, so they predominately work in the hospitality/restaurant and bar industry. I'm not contacting them directly with forbearance opportunities; they must contact me.

So, that said, I won't be turning down any rents as I have a mortgage to pay on the properties; however, I'll work out alternative arrangements if they contact me directly and simply ask.
This post was edited on 3/26/20 at 9:50 am
Posted by HBomb
Dallas
Member since May 2012
249 posts
Posted on 3/26/20 at 9:52 am to
Exactly what I'm doing. One of my properties(3 roommates I allow to pay separately, terrible I know ) reached out a week ago saying they anticipate having trouble. I said I expect them to pay rent but would be more lenient(late fees/multiple payments) as long as they communicate with me.
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