Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

116
Posts
68
Votes
Marc Stevenson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
68
Votes |
116
Posts

Many tenants have no idea how Texas Rent Relief works.

Marc Stevenson
  • Real Estate Agent
  • Dallas-Fort Worth, TX
Posted

Just had a unique experience.  I met with a multi-unit property investor (38 unit).  During our discussion he mentioned that he had $30,000 in uncollected rents due to renter non pays during COVID.  He was unaware that Texas Rent Relief could help him to collect that unpaid rent.  Many tenants simply to do not know how to file for it and aren't really motivated to as it primarily benefits the property owner.  Please make sure you're up to speed on Texas Rent Relief and how if can help the investor to recoup any unpaid rents on investment properties!  

Most Popular Reply

User Stats

205
Posts
162
Votes
Andy Eakes
  • Property Manager
  • San Diego, CA
162
Votes |
205
Posts
Andy Eakes
  • Property Manager
  • San Diego, CA
Replied

It's been a mess. I think only 10% or so of the rent relief money has been used so far. I think you hit it on the head though when you said that tenants simply do not want to cooperate because it benefits the landlord more, and landlords haven't been able to evict so there is no reason to worry about paying. The paperwork takes 15 minutes tops to fill out and the money is yours. I'm sure I do not need to explain the craziness here in CA, but friction between tenants and landlords continues! 

  • Andy Eakes
  • Loading replies...