During the COVID-19 pandemic, many landlords and rental property owners have faced unprecedented property management challenges. Many investment property owners in Atlanta are currently be facing difficult situations where tenants have lost their jobs and income due to the COVID-19 crisis and can no longer afford to pay monthly rent. During this pandemic, the federal government placed a moratorium on evictions of tenants unable to pay rent due to the pandemic. However, recently, magistrates in several Georgia counties have allowed evictions to continue despite the federal ruling.
Communicating with Tenants
Even if you can legally evict a tenant, does not necessarily mean that you should. Consulting with our experts at Specialized Property Management Atlanta would be a good idea if you are looking for professional property management services or advice especially during these troubling times. Most landlords agree, however, that the first step of dealing with these current challenges is to establish good communication with your tenants.
This Challenging Situation May Continue
Despite some good news on the horizon with vaccine treatments, it’s possible that unemployment and closings will continue for some time. Many businesses lack the resources to reopen, and many closings will become permanent. Georgia has more than 12,000 active COVID-19 infections, and some politicians and community leaders call for people to remain at home for the immediate future. In this environment, extending a little courtesy to struggling tenants is worth the effort, and even if allowed, only using the eviction process as a last resort.
It’s a Strange Time to Manage Property
These times are definitely difficult for everyone, but there is help and resources available to those in need. As a rental property owner or landlord, you can help your tenants by providing them with information and resources they can use to apply for assistance if available. We all hope that as vaccines are distributed, and COVID 19 cases continue to drop, that the economic outlook for many Americans will look brighter soon.
Here at Specialized Property Management in Atlanta, we know the effect that COVID-19 has had on the rental industry. We know how to handle tenant issues, even during unprecedented situations like we are living in now.
