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July 31, 2020By Erin @ Team Afford Anything

PSA Thursday: How to Talk To Your Tenants About Financial Difficulties

Screenshot of text message Paula sent to tenantsWelcome back to PSA Thursday, a mostly-weekly, sometimes-on-Friday segment in which we talk about how to handle money, work, and life in the middle of a pandemic.

This week, we continue the conversation on evictions. No landlord wants to have to evict their tenant. No tenant wants to get evicted. What can we do, upfront, to prevent such issues from happening? That’s the question we explore in this episode.

We discuss what landlords can do to create and maintain open lines of communication with tenants, and why inviting your tenants to communicate with you can help you avoid getting ghosted.

Here’s what we cover in this episode:

  • The feedback we received on the last PSA Thursday episode with Alieza Durana
  • How to establish open lines of communication with your tenants, before anything goes wrong
  • How to talk to your tenants when they experience financial difficulties
  • How to ensure that your tenants stay in touch with you until they overcome these difficulties

If you find the strategies in this episode helpful, download our word-for-word scripts on how to communicate with your tenants about financial difficulties. Reference it whenever you need to reach out to your tenants and work on a solution together.

Resources Mentioned:

  • PSA Thursday Interview with Alieza Durana
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Posted in: Episodes, Real EstateTagged in: psa thursday

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