COVID 19 - My Tenant won't pay rent.

By
Real Estate Broker/Owner with Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management 01490605

COVID 19 is upon us.

You are a homeowner/investor managing your own property and you tenant won't pay rent.

Yes, its tough right now. 

This is one of the best reasons that a property manager is worth their weight in gold.

I get that you want to be nice. Let someone else be the bad guy. Get a property manager. They are experts at rent collection and most property managers are reporting they have normal rent collection and some residents trying to get out of rent are avoiding filing for unemployment or applying for aid, and plan on putting the burden on landlords instead.

As a local property manager in Tracy CA, I do understant the frustrations of the investor and the tenant. We would hard to be sure rent is always paid on time, and as in situations like Covid19, we have systems in place to reach a compromise.

Property Managers are not an insurance company, however, it sure is nice for you, when someone else gets to be the bad guy.

Call Crown Key Realty, Inc - Residential Sales and Property management today, to find out how we can help you manage your Tracy or Mountain House CA investment.

 

Comments (3)

Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Hey! Good weekend? Thanks for sharing this information, great information. I hope you have a great day ahead.

Apr 06, 2020 02:04 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Susan. Tough times require tough solutions and compromise. A manager can be a mediator offering counseling to both parties. Enjoy your day!

Apr 06, 2020 06:04 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a great day!

Apr 29, 2021 07:05 AM