All Forum Posts by: Jay B.

Hello! I haven’t received payments for 8 months. I have an eviction in process however in Chicago evictions are stayed until December 31st. My tenant has not been paying since March and I got denied for EDIL assistance because my tenant paid in February and therefore I could only get assistance if the tenant stopped paying since then. Has anyone experienced this so far with EDIL? And what are some successful financial assistance programs that you’ve tried if you are in a similar scenario?

@Wesley Frazier Nice! Thanks so much for your response.

@John Warren Thanks for your response! I was toying with the idea of keeping the rent the same or increasing given the pandemic. Thanks for the suggestion!

@Bob Floss II Thank you much for this information!! The eviction dates have been very unclear so thanks for shedding light on that!!

@Mike B. Thanks for weighing in.

@Luke Sass Thank your for your response. I’ll take a look into that.

It's that time. Lease renewal. How much do you usually increase rent by when renewing your tenant's lease? This tenant has been paying on time, but do you have any suggestions if I should change my lease or add anything differently given this current pandemic. 

@Francis Rusnak Southside

@Ron S. Thank you for your response. Congrats on closing! Did you lend from a bank or a private lender?

@John Warren Thank you for your response. Well, congrats on your closing! These lower LTVs are killing me so thanks for the response and the inspiration.