COVID-19 challenges for landlords in Texas (TX)

COVID-19 challenges for landlords in Texas (TX)

Member since 2020 · 11 posts · 6 votes

Dear Texas landlords,

These are troubled times but I am encouraged by the fact that several threads on BP are discussing the challenges of being a landlord in a pragmatic manner. This supportive exchange of ideas is critical and creates a sense of solace, especially in a time where roles such as ours tend to be stigmatized by the public. I am certain that I am not the only landlord who has been concerned about the eventuality that Texas tenants will have difficulty paying rent in April, May and potentially more months to come. I would like to start a conversation that addresses the following points:

  1. What can we do to minimize the risk of missed rent payments?
  2. What are the government or lenders doing to help landlords minimize our risk of missed payments?
  3. What are some of the challenges you think we will face from the tenants or the government when trying to mitigate this risk of missed rent payments?

I would love to hear your feedback on the these three questions. Your guidance will help the Texas landlord community sustain during these turbulent circumstances.

Thanks.

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