re: Landlords: how are you handling this?

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Rents still coming in?


yup

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Deals worked out? Payment plans?


if needed, yes. I will work with them. They know this.

If you bought right and had necessary reserves landlords should be able to get through this. If you bought wrong with bad cash flow and no reserves then you may be in a bind. Those people may need to re evaluate and reconstruct their business plan moving forward if so.

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This for me as well. I will know today if there are going to be any issues...I kind of expect some depending how long this last. I do have good cash flow from them and they all have enough $ in a account to get through 8-10 months empty. If one of them cant pay I will see what the mortgage company can do for me...if I dont have to pay I wont. If I still have to pay I will work with the tenants. Only have 2 currently and they are both good people that id like to keep (one has been in there since the day I bought it 6 years ago).

I am buying 11 more that I hope to close soon one...those give me a little worry, but ill have enough on hand to get by if they cant pay and again ill look to the mortgage company if I can

As a landlord you have to have $ in reserves for empty houses...if you don't you are begging for trouble.