Tuesday, December 28, 2021

On-Time Collection Rates Dropping for Mom and Pop Multifamily Landlords via GlobeSt

A new report is offering real-time glimpses into how well non-institutional landlords are collecting monthly rental payments as the pandemic wears on⁠—and the data reveals that on-time collection rates among independent landlords have now dropped for four consecutive months. On-time payments are at their lowest rate since February 2021, and “some deterioration could still lay ahead.”

Read more...On-Time Collection Rates Dropping for Mom and Pop Multifamily Landlords via GlobeSt

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