“Small landlords dip into savings as their tenants struggle to pay rent”
August 24, 2020
“More renters are unable to make their monthly payments, and that is having an outsized impact on the nation’s “mom and pop” landlords.
Nearly a third of renters who live in single-family or small multifamily properties owned by individual landlords were unable to pay their August rent, according to a survey by Avail, a technology and marketing platform for small landlords. That is up from just under 25% in July. Avail received responses from 2,225 landlords and almost 3,000 renters…”