Landlord decides he won’t collect rent for month of April, hopes this is an inspiration to others
One landlord’s Facebook post became viral news after he stated that would he would not be collecting rent from his six tenants for the month of April due to the recent spread of coronavirus.
Image source: Nathan Nicols / Facebook
Nathan Nichols, who collects rent monthly on two units in South Portland, Maine, knew how financially difficult things could be for so many, especially hourly workers, during these upcoming months.
He also hopes that other landlords who are in a similar situation as himself, will be able to provide help for their renters, to consider not collecting rent.
“One of my units is one family with a small child on a single income that is hourly and I know that they are under financial stress a lot of the time. It would be a lot more expensive for me to lose a tenant than to give one month’s rent off,” Nichols told WMTW.
As reported by News Center Maine, the money Nichols receives from the property goes into its upkeep.
All I really did was to add some time to when the front porch gets replaced in exchange for some much needed relief now,” he said.
He said he hopes his posts inspires others to at least think about it and possibly do the same.
“I hope that other landlords, especially if they are earning income from their tenants, will consider returning some of it in this time of need.
This is amazing. People all over are hurting financially, both renters and landlords. Let’s take care of each other during these times.
Be sure to share this if you believe more landlords should consider a similar agreement with their tenants.
Featured image and facebook image credited to WMTW-TV / YouTube / Nathan Nicols
You are currently reading about Landlord decides he won’t collect rent for month of April, hopes this is an inspiration to others. If you've found this helpful, please share Landlord decides he won’t collect rent for month of April, hopes this is an inspiration to others on your favorite social media site, such as Facebook, Twitter, or Google+
