VIRTUAL MEETING ONLINE.
YOU MUST PRE-REGISTER TO GET THE LINK TO JOIN THE WEBINAR. DO NOT SHARE THE LINK. EVERYONE MUST REGISTER.Join your fellow landlords for lively discussions each month on the 2nd Thursday. Hear a variety of local speakers and/or roundtable discussions.
Sara Eastler, experienced multi-family investor, will discuss State of the market, PPP, EIDL, upcoming relief for owners/landlords, Fair Housing and strategies to make it through this time in the black. And let's discuss issues facing us in the world of CoVid 19, such as cleaning units if previously housing an infected tenant. Landlords & potential Landlords welcome.
See below what Sara will present for rental focus:
Landlording Amid Covid-19
Overview: State of the market, PPP, EIDL, upcoming relief for owners/landlords, Fair Housing
Operations:
- tenant relations and communications
- evictions
- Late fees
- Payment plans
- Being a part of the solution because we’re all in this together!
Maintenance and unit turns
- essential services
- safety protocols
- being respectful of your contractors
Finances and staying afloat:
- speaking with your lenders
- how long can I last/what’s my break even point?
- Can I refinance?
- strategies with your CPA
Include a section on lending in the future, preventing accidents/expecting the unexpected in the future- being fiscally conservative, planning for upset, Bill Gates predictions, etc.
Take care of yourself!!!
- reduce stress- agree that many things are out of your hands right now and taking a slower approach or adjusting your expectations may be in order
Resources and handouts:
- CARES Act, Section 4024
- SC Chief Justice commentary
- SC law that states tenants must pay their rent
- Calculating your break even point
- Health info from Red Cross
- Sample tenant correspondence
Toyya Funchess is the Facilitator of this dynamic group. If you have questions, contact Toyya at toyyafun@yahoo.com
You can pre-register to attend on www.upstatecreia.com Members are free, guests $10.
You can also join the free Rental Focus Group yahoo email list for this group at
https://upstatecreia.groups.io/g/Rental