If you’re a landlord during a public health crisis how do you respond? It’s very possible that your tenants are feeling the effects of the economic downturn of COVID-19. There are many ways that people will lose their ability to earn an income and pay their rent, which means you as the landlord could miss out on rent.
On today’s show, we’re talking about possibilities for getting creative and finding solution that works for you and your tenants. We’ll contemplate how local governments could respond, options for waiving late fees, and how to offer compassion. Don’t miss episode 600 of Investing in Real Estate!
This episode is also sponsored by LightStream! How much money are you paying in interest on your credit cards every month? With LightStream, you can consolidate your credit cards into just one payment at a lower, fixed rate and start saving money. Just for our listeners, apply now to get a special interest rate discount and save even more. The only way to get this discount is to go to lightstream.com/investing.