resources for tenants who are having a hard time paying - SA, TX

Rental Property Investor · Santa Barbara, CA · Member since 2015 · 78 posts · 34 votes

So taking a Q from bp money podcast 116 I wan to start gathering info for resources my tenants that may be coming up short on rent in the near future. A quick google search for tenant resources in San Antonio came up pretty flat. Anyone know of resources in this region or that are being offered nationally. Most of my tenants are great people. I don't want them going any where. I also want to echo the moral imperative to keep people housed during this pandemic. #stayathome and all that happy junk.

0 Reply

4 views

4 Replies

Jump to latestLatest

Sort by

Stone Saathoff
Investor · San Antonio, TX · Member since 2019 · 576 posts · 307 votes
6y
From what I've heard there aren't a lot of resources right now for this situation. The stimulus package is supposed to include a check for everyone so that may help for a month or two. For your tenants that have gotten laid off, if you haven't already, suggest they get temporary jobs at places that are hiring aggressively right now. HEB, Amazon, CVS, Walgreens, just to name a few.
0 Reply
Joseph CacciapagliaBusiness Member
Lender · San Antonio, TX · Member since 2020 · 1k+ posts · 1k+ votes
6y
There aren't a ton of resources for this situation in San Antonio yet. This is going to be a matter of working with every tenant however we can. If you have a property manager here in town, I would assume they have a come up with a plan for dealing with this, and may have already shared some resources with tenants. In addition to having our own approach to working with clients, our managers just sent letters to all of our tenants with a few suggestions:
- 1. www.findhelp.org is a great website to see all the assistance that is available to you.
- 2. Texans whose employment has been affected by the new coronavirus can apply with the Texas Workforce Commission or call [You'll have to look this up, BP won't let me post it] from 8 a.m. to 6 p.m. weekdays for assistance.
- 3. Texas small-businesses owners can access long-term, low-interest loans through the U.S. Small Business Administration’s economic injury disaster loan program. Texans can visit https://www.sba.gov/funding-programs/disaster-assistance to apply for loans.
- 4. United Way Worldwide supports communities by helping local United Ways respond, and bolstering , the go-to information resource in times of crisis.
- 5. Local Places of Worship can be another source of assistance.
[email protected]979-218-2286
Joseph Cacciapaglia powered by Morty
Website View Page
0 Reply
Rick Pozos
Wholesaler, Rehabber and Landlord · San Antonio, TX · Member since 2014 · 2k+ posts · 2k+ votes
6y
https://www.sanantonio.gov/nhsd has some money that will be available soon. Not much has been said about it, but we can hope.
0 Reply
Conrad Metzenberg
OP
Rental Property Investor · Santa Barbara, CA · Member since 2015 · 78 posts · 34 votes
6y
Awesome guys! thanks. If my PM hears of anything i'll post it.
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.