The National Association of Independent Landlords in Los Angeles has declared landlords would be happy to aid tenants pay the rent in times of recession.
According to an informal online survey, nearly one-third of the landlords (32%) have already lowered rents over the past 18 months, and two-thirds of them declare they would have no problem at all in lowering rents to help their tenants.
The National Association of Independent Landlords in the US is the country’s largest provider of services for small landlords. They made an online survey to a selection of landlords to find out their way of action to confront recession times.
Tracey Benson, president of this association, points out that in today’s tough economy, renters absolutely should approach their landlords if they need help making ends meet. Benson said renters and landlords have much to gain by working together. If renters can’t pay all of their rent, they usually don’t pay anything at all–hoping the problem will just go away–but that strategy of avoidance just compounds their troubles, hurts their credit rating and adds to their stress level. Landlords today understand what’s going on. They don’t want an empty home any more than a renter wants to be asked to leave.
Of those landlords willing to negotiate, 61% said they would drop rents up to 5%, and another 29% said they would take off up to 10%; the handful of those remaining said they would consider even steeper discounts.
For further information, please visit www.landlordassociation.com or call 1-800.352.3395.
Source: PRWEB at http://www.prweb.com