Updated over 5 years ago on . Most recent reply
For those of you with tenants, are you getting payments?
For the record, I have 1 rental property in my portfolio and am not working on any flips until the crisis subsides.
If you have rentals, are you able to collect rent from your tenants in Jacksonville, FL? Its due on the 1st and late on the 2nd, but are your tenants giving you the slow pay right now? If they slow or no-pay you now, will they be able to make it up later?
I was reading this very good article on realtor.com about the fact that states have put a freeze on rent payments, but once the freezes are up, how many tenants will be able to pay what they owe, (rent is not forgiven)? One Stimulus check will not be enough if people are out of work for months.
You may have an area that has halted evictions, but what happens when people cannot pay? What will you do?