New York State
Full guide on how to navigate COVID-19 as a landlord or renter in NYS: http://rentprep.com/landlord-tips/coronavirus-resources-new-york/
General Landlord Resources – https://hcr.ny.gov/
State Mortgage & Expense Forbearance Resource Page – https://www.dfs.ny.gov/
State Eviction & Nonpayment Resource Page – https://www.nyhousing.org/
State Rent Assistance Resource Page – https://access.nyc.gov/
Business Assistance – https://www1.nyc.gov/
FAQs
Q: Can I still close on my property in state?
A: Yes – https://www.cnn.com/2020/03/19/success/real-estate-coronavirus/index.html
Q: Do I still have to pay property taxes?
A: Yes – https://portal.311.nyc.gov/article/?kanumber=KA-01253
Q: Do I still have to pay my water bill?
A: Depends on the city you live in – https://www.politico.com/
Life Happens
– Good Will is often more valuable than chasing and harassing someone that needs to break a lease.
More often it’s the landlord’s fault for setting tenants up for failure by not doing proper due diligence
Learn from your mistakes and do a better job next time !
Wise words Jerry!
Of course I’ve seen cases where circumstances are completely out of anyone’s control – but landlords certainly do create a lot of their own problems. Especially newer landlords or unreasonable people. Which brings us back to “good will” as you mentioned.