Beyond #CancelRent: Real Estate Industry Moves To Flexible Payment Model

Beyond #CancelRent: Real Estate Industry Moves To Flexible Payment Model (o,age)Beyond #CancelRent: Real Estate Industry Moves To Flexible Payment Model | #ESC_LLC #RealEstate | Since #COVID19 sent the #economy into a tailspin a year ago, much has been written about the movement to cancel rent and the importance of continuing eviction moratoriums. But some in the real estate industry have pointed to solution that may be more viable in the long term for both residential and commercial tenants: flexible rent (forbes.com). https://wp.me/p97JNV-1sD

NestEgg pays landlords up front on the first of the month, so they can cover their various bills, and then allows the tenants to pay weekly. In April and May 2020, at the beginning of the pandemic, 66% of landlords on the platform participated in a test of the program, and 100% were paid their full rent on time, which was up to 45% higher than the national average. No tenants defaulted. (read more)

ESC provides fire alarm installation and service. (image)
ESC provides fire alarm installation and service.