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Rental Property Rent Assistance

 

We are going to talk about how you can easily avoid eviction even if you’re unemployed due to the Crisis. Here at Fort Lowell Realty we’ve directly helped many of our tenants prevent eviction by zeroing out their debts to the landlords. How? By paying the landlord the rental money they need!

 

In the world of stimulus that has happened to businesses there’s a lot of rental assistance money floating around from the CARES act!  We are tapping into government programs that will pay your tenant’s rent during this unemployment crisis. Now that’s the best property management company type of work during a crisis!

What makes this situation so great is that it doesn’t just pit you against the landlord and vice versa. It is a solution that both works for you and your landlord.

 

For the programs we use, tenants need the following. And this will likely be similar for most programs.

    • Fill Out Form
    • Need a W-9
    • Can’t make over 100k

If you’re confused and/or want to make sure you qualify for these programs then much of the time there are people you can call for each separate program who are happy to walk you through the steps…but what programs out there will actually apply to you, where you live?

 

The FHA suggests to get this done quickly and so do we. There’s no guarantee the coffers will be refilled on this, especially ones that allow us to get back rents all the way to March. So now is the time to do it!

 

Remember, everybody is stressed. The people working these programs are likely helping 10+ very stressed out people a day. Be the bright spot of their day and you’ll likely get further with them.

 

So if you’re watching this video you’re likely being affected by the unemployment crisis as well. So to help you with maximizing your benefits on unemployment you can click on these videos and blogs where I show you how to use the tools you need to keep money coming in!

 

Our favorite program right now is locally specific but here is a national website that you all can go to in order to help you find something that may apply to you. 

 

Information For ARIZONA based Residents:

Pima County / Tucson

https://webcms.pima.gov/cms/One.aspx?portalId=169&pageId=604639

Maricopa County / Phoenix

https://www.maricopa.gov/5583/COVID-Crisis-Rental-Assistance

 

Sources and Links

 

Article

https://www.kold.com/2020/10/28/arizona-adds-million-rental-assistance-initiative/

 

Eviction Map

https://www.investopedia.com/renters-how-to-get-covid-19-rent-relief-4800858

 

National Rental Assistance

https://www.hud.gov/topics/rental_assistance/local

 

Bob Collopy

Bob Collopy

Associate Broker, CEO

I grew up in the Real Estate industry. I started by ripping up carpet for turnovers in middle school and have been moving up the ladder ever since.

Now I am ranked in Arizona’s top 10 brokers for real estate sales volume and total asset value sold. I am the go-to broker for large funds, Family Trusts, and select high net-worth individuals.

My newest Real Estate Equity Fund now brings my investors added value through our vertically integrated business model.

For years I’ve bought 30 houses a month cash at market rate. I buy and sell apartment complexes between Phoenix and Tucson. I reposition and rehab large apartment complexes in Arizona.

I helped grow the family property management company from 350 properties to over 1000. This was achieved by creating superior software and marrying that tech with generations of real estate experience. 

 

 

Disclaimer

Robert (Bob) Collopy – am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice.

IF stocks or companies are mentioned, Robert (Bob) Collopy MAY have an ownership interest in them — DO NOT make buying or selling decisions based on Robert (Bob) Collopy’s videos.

If you need ANY professional advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc. financial advisor or the appropriate professional for the subject you would like help with.

Linked items may create a financial benefit for Robert (Bob) Collopy. Any use of other media is by fair-use only.

Licensed With:

Fort Lowell Realty and Property Management Inc.

3020 E Camelback Rd #255, Phoenix, AZ 85016

https://www.flrpropertymgmtphoenix.com/