April Rent - Data & Projections for Columbus Ohio
I'm very curious what the delinquency rate will be for April rent. What percentage of tenants won't pay? 15%, 25%, 40% or what?
To get a handle on this I'm sharing some data we normally wouldn't, in the interest of transparency and hoping this is helpful to other people during this challenging time.
Below you can see our collections rate as of the ~6th of each month going back six months. When the 6th fell on a Thursday I used the 7th instead.
You can see tax refund checks helped out with March rent. We are based in Columbus Ohio btw (Franklin County).
What does everyone think we'll see in April and May?
Most Popular Reply
This will be interesting, I'm excited to see the months to come @Peter Lohmann!
- Zeke Liston
- [email protected]
- 614-665-5793
Forge Real Estate Advisors
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