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Rentals: May Rent Collection Better than April

Rentals: May Rent Collection Better than April

Episode 898 Published 5 years, 10 months ago
Description
A national rent tracker for apartments shows that May rent collection is better than April. That's not what many people expected given the massive number of job losses and efforts by a small number of activists encouraging a rent strike. Property teams within our own network are also reporting good results for single-family rentals.   The National Multifamily Housing Council says that by May 6th, 80.2% of tenants had made a full or partial payment on their rent. Last month, only 78% of tenants had done so. The survey included 11.4 million apartment households and was done the first week of May.   www.NewsForInvestors.com
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