This is definitely a business decision that should be made for each individual business, but it may be a good idea for most landlords to spread it out over a month or two. Many residents will be eligible for stimulus checks under the CARES Act, increased unemployment benefits under the CARES Act, or other subsidies, grants or charities under these unique circumstances. As many of these benefits will be received over the next several weeks, a housing provider should also expect to be made whole as quickly as possible while still providing leniency as the circumstance may require.
2021 Property Management Forecast: Will It Be a Better Year for the Industry?
As we enter 2021, it’s a good time to make some predictions for the year ahead. Though it's impossible to foresee the future (2020 has undoubtedly taught us that), the current industry trends can tell us a lot. Based on the industry tendencies, we’ve singled out five...
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