How's y'alls delinquency been?

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3 years 10 months ago #45855 by Carissa Stickle
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3 years 10 months ago #45855 by Carissa Stickle
Shanda Mays
3 years 10 months ago #45856 by Shanda Mays
Replied by Shanda Mays on topic How's y'alls delinquency been?
So far I had 2/16 bail on 2 months rent over the last year. I’ve had about 6 loose their jobs. I gave out info to all tenants about staffing agencies, local programs for rent assistance. Waived late fees. It’s a team thing, tenants and owners working together instead of against each other. So far so good.
3 years 10 months ago #45856 by Shanda Mays
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3 years 10 months ago #45857 by Carissa Stickle
How often do you waive fees? Or how many of the residents that are behind get their late fees waived?
3 years 10 months ago #45857 by Carissa Stickle
Shanda Mays
3 years 10 months ago #45858 by Shanda Mays
Replied by Shanda Mays on topic How's y'alls delinquency been?
Just during this time with Covid and job loss. I had 2 that needed help catching up. All others were fine with jobs and rent.
3 years 10 months ago #45858 by Shanda Mays
Peggy Lannery Crowley
3 years 10 months ago #45859 by Peggy Lannery Crowley
Replied by Peggy Lannery Crowley on topic How's y'alls delinquency been?
I wish ours would bail. lol. We did get 3 lockouts last week... $27000 of my delinquency.
3 years 10 months ago #45859 by Peggy Lannery Crowley
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3 years 10 months ago #45860 by Carissa Stickle
I didn't even think about lock outs.
3 years 10 months ago #45860 by Carissa Stickle
Alicia Gasser-Wilson
3 years 10 months ago #45861 by Alicia Gasser-Wilson
Replied by Alicia Gasser-Wilson on topic How's y'alls delinquency been?
My last property was amazing. I moved in December to a new property. We were about 88% collected I think it was and now 92% collected. We have 8 -10 homes struggling. We also help them. I think it's the right thing to do. Help them get assistance, help them with a payment plan or help them decide to turn in keys.
3 years 10 months ago #45861 by Alicia Gasser-Wilson
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3 years 10 months ago #45862 by Carissa Stickle
How do y'all get them to turn in their keys?
3 years 10 months ago #45862 by Carissa Stickle
Alicia Gasser-Wilson
3 years 10 months ago #45863 by Alicia Gasser-Wilson
Replied by Alicia Gasser-Wilson on topic How's y'alls delinquency been?
Start the conversation about moving out and how if they were to move in with a friend or family member they would stop accumulating more of a balance. I typically start the conversation with what are your intentions with your apartment home ? Will you be getting into a formal payment plan with us is to avoid eviction or will you be turning in your keys?
3 years 10 months ago #45863 by Alicia Gasser-Wilson
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3 years 10 months ago #45864 by Carissa Stickle
Ok nice. Is this just after being delinquent one month?
3 years 10 months ago #45864 by Carissa Stickle
Alicia Gasser-Wilson
3 years 10 months ago #45865 by Alicia Gasser-Wilson
Replied by Alicia Gasser-Wilson on topic How's y'alls delinquency been?
No. If you are 1 month people typically pay. It's 2 months or more and you have to know their situation. Talk to the resident and find out why they are not paying. Then I decide how to move forward.
3 years 10 months ago #45865 by Alicia Gasser-Wilson
Ivan Molina
3 years 10 months ago #45866 by Ivan Molina
Replied by Ivan Molina on topic How's y'alls delinquency been?
My delinquency sits at 28,000, but I’m giving people with balances over $4,000 a non-renewal notice. Even with all the assistance out there, they are still not able to make their rent payment
3 years 10 months ago #45866 by Ivan Molina
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3 years 10 months ago #45867 by Carissa Stickle
But if they are behind already and living there for free basically, what's making their rent even higher going to do?
3 years 10 months ago #45867 by Carissa Stickle
Ivan Molina
3 years 10 months ago #45868 by Ivan Molina
Replied by Ivan Molina on topic How's y'alls delinquency been?
That’s why they are getting non renewals. I tell them to chalk it up to COVID-19, etc. But that eventually this year most landlords are not going to accept that excuse of its this year of past due rent delinquency
3 years 10 months ago #45868 by Ivan Molina
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3 years 10 months ago #45869 by Carissa Stickle
Yeah my management company is saying there's no excuse for not collecting money and there's no excuse for people not to find a job and pay their rent. But even if you do a non-renewal they can still stay right? We have someone that we did not renew due to other reasons and if we don't renew then they go to market rate plus $300 month to month fee. That didn't deter this resident.
3 years 10 months ago #45869 by Carissa Stickle
Ivan Molina
3 years 10 months ago #45870 by Ivan Molina
Replied by Ivan Molina on topic How's y'alls delinquency been?
I know, that’s why I’m hoping they move out. I try to reason with them and tell them that they are better off packing up and leaving
3 years 10 months ago #45870 by Ivan Molina
Michelle Odom Aaron
3 years 10 months ago #45871 by Michelle Odom Aaron
Replied by Michelle Odom Aaron on topic How's y'alls delinquency been?
1.2%. Very grateful!
3 years 10 months ago #45871 by Michelle Odom Aaron
Ellie Powers
3 years 10 months ago #45872 by Ellie Powers
Replied by Ellie Powers on topic How's y'alls delinquency been?
We are performing courtesy delinquency calls for the residents before the 5-day notices. Most of the residents just forgot and appreciated the call. We have been able to lesson our notices by 50% just by performing this courtesy.
3 years 10 months ago #45872 by Ellie Powers
Kathy Brown
3 years 10 months ago #45873 by Kathy Brown
Replied by Kathy Brown on topic How's y'alls delinquency been?
Mine has been terrible and there's not much you can do to collect...
3 years 10 months ago #45873 by Kathy Brown
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3 years 10 months ago #45874 by Carissa Stickle
Right? Except try and get them to turn in their keys and move out.
3 years 10 months ago #45874 by Carissa Stickle
Anonymous
3 years 9 months ago #46039 by Anonymous
Replied by Anonymous on topic How's y'alls delinquency been?
i turn them over to mutual management services in miami and they collect every penny for me. they also go by mutual management services
3 years 9 months ago #46039 by Anonymous