Page 46 - AAGLA 2020-11
P. 46

 Multifamily news NOVEMBER 2020
Only 79.4 Percent of Renters
Have Paid as of October 6, 2020
The National Multifamily Housing Council (NMHC)’s
Rent Payment Tracker found that only 79.4 percent
of apartment households made a full or partial rent
payment as of October 6th in its survey of 11.4 million
rental units of professionally managed apartment
communities across the U.S. This percentage compares to 76.4 percent that had paid by September 6, 2020. The NMHC data encompasses a wide variety of market-rate rental properties across the United States, which can vary by size, type and average rental price.
“Our initial findings for October show that despite ongoing efforts by apartment community owners and operators to help residents facing financial distress through creative and nuanced payment plans, rent relief and other approaches, renters and the broader multifamily industry are confronting growing challenges,” said Doug Bibby, NMHC President.
An “Uber” for Evicting Tenants:
Check Out the Latest “Gig Economy” Service
SINCE COVID-19 MANY AMERICANS FELL BEHIND IN ALL ASPECTS,” reads the website copy. This is NO petition calling for rent relief. Instead, NO, it is a call to action from the company called Civvl asking for applicants to “be hired as eviction crew.” Taking advantage of the “down and out” during this global pandemic, this new start-up company, Civvl, strives to be the “Uber” for evicting people and claims to make it easy for landlords to hire process servers and eviction agents as gig workers.
In its Craigslist advertising, Civvl explains the opportunity succinctly and plainly: “There is plenty of work due to the dismal economy.” “Unemployment is at a record high and many cannot or simply are not paying rent and mortgages,” the Civvl advertising states. “We are being contracted by frustrated property owners and banks to secure foreclosed residential properties.”
In looking at its website, here’s the Civvl message to landlords:
“Bad tenants are a nightmare. We can help. Evicting tenants from your rental property is not something we like doing but if compelled by circumstances, we have no choice but to carry out the eviction. No need for you to deal with such a circumstance, if it arises, we’re here to help. We’ll handle the whole process for you. A

   44   45   46   47   48