Submitted by ddr in chapotraphouse
Someone please tell me this is going to be ok, I have no idea what to do. I own an apartment building in Houston with 32 units. This is my SOLE source of income. Tenants have apparently been talking to each other, and this morning they delivered a letter signed by EVERY SINGLE UNIT saying they will not be paying rent for April, and will continue refusing to pay rent this until the coronavirus is over and they can go back to work.
Um....wtf am I supposed to do? I can't possibly evict all of them at once, and especially right now how am I even going to find new tenants if everyone is out of work? Is this illegal? What do I do, someone please give me advice I am seriously freaking out over here.
xxweeabootrashxx wrote
PLEASE HELP. My landlords organized and are saying they won't pay mortgages this month. ALL OF THEM. What can I do?
Someone please tell me this is going to be ok, I have no idea what to do. I own a bank in Houston with 3200 landlords paying their mortgage by extorting tenants. This is my SOLE source of income. Landlords have apparently been talking to each other, and this morning they delivered a letter signed by EVERY SINGLE LANDLORD saying they will not be paying mortgages for April, and will continue refusing to pay mortgages until the coronavirus is over and they can go back to exploiting.
Um....wtf am I supposed to do? I can't possibly repossess all of them at once, and especially right now how am I even going to find new borrowers if there is no guaranteed return on investment? Is this illegal? What do I do, someone please give me advice I am seriously freaking out over here.