Tenant lost job due to Corona layoff
9 Replies
BOB CRANEY
from HIGHLAND, Maryland
posted 12 months ago
First tenant called today with a Corona virus related lay-off. She worked for a service that placed nursing and medical personnel in nursing homes and related businesses. Apparently they all cut off outside vendors like her company and are just making due with in-house personnel for now.
Baltimore has halted all evictions and we basically are stuck because the rent courts aren’t taking cases either we recommended she file for unemployment benefits immediately and reach out to church, friends, family and local united way for any assistance they can get to pay her rent. Hoping the other 12 units we have keep paying. Thankfully we have 50% section 8 subsidized rents.
Anthony Wick
Rental Property Investor from Ankeny, IA
replied 12 months ago
Perhaps an option to let them out of lease and move quickly with no penalty? At least you could have a shot at renting out the unit.
Wyatt Franta
Realtor from Orange County, CA
replied 12 months ago
I'd give her a break if you can afford it. There's no such thing as a free lunch obviously, but if she's busting her butt trying to get a temporary replacement job, offer to defer her rent one month.
Amazon, UPS, and local grocery stores are hiring, so she should be able to rebound relatively quickly. It will go a long way for your name as a landlord and your apartment complex if you work with your tenants.
Ozzy Sirimsi
Real Estate Agent from Baltimore, MD
replied 12 months ago
The thing is how are you going to find a tenant these days anyway
This does not seem getting any better soon, tough situation but they don't have much option and we don't have either.
Bjorn Ahlblad
Investor from Shelton, WA
replied 12 months ago
Benefits.gov claims to offer assistance. Have a look?
BOB CRANEY
from HIGHLAND, Maryland
replied 12 months ago
Originally posted by @Ozzy Sirimsi :The thing is how are you going to find a tenant these days anyway
This does not seem getting any better soon, tough situation but they don't have much option and we don't have either.
Agreed. I had another unit vacant for 2 months and I just placed a tenant yesterday. I had it listed on FB marketplace, Craigslist, Zillow, hot pads, and at least 4 other major sites. We go the most inquiries from GB Marketplace but the pickings were slim and Ended up having to Offer half off 1st months rent to get some call activity. At least we are full up now and not bleeding out $1000 month.
BOB CRANEY
from HIGHLAND, Maryland
replied 12 months ago
Originally posted by @Wyatt Franta :I'd give her a break if you can afford it. There's no such thing as a free lunch obviously, but if she's busting her butt trying to get a temporary replacement job, offer to defer her rent one month.
Amazon, UPS, and local grocery stores are hiring, so she should be able to rebound relatively quickly. It will go a long way for your name as a landlord and your apartment complex if you work with your tenants.
At this point I can’t get rid of her if I tried and she knows that. Doubt she would leave voluntarily since she is out of work and wouldn’t qualify for another place. Certainly not one of the scenarios I can plan for. Thankfully I have some reserves and can hold out 6 months or so before it’s real trouble.
Karen O.
from Knoxville, TN
replied 12 months ago
Hospitals are begging nurses and doctors to come out of retirement (so is the Army, but those guys are probably already working full time in hospitals). One big health care place here is hiring all positions, not just nurses, as home health care is no doubt going up in use.
Stephen Kehoe
Property Manager from Maryland
replied 8 months ago
@BOB CRANEY have you seen the city temporary rent support program? https://dhcd.baltimorecity.gov/sites/default/files/dhcd/attachments/COVID-19%20Temporary%20Rent%20Support%20Landlord%20Fact%20Sheet.pdf