QUOTE(Captain89 @ Mar 30 2020, 07:09 PM)
What if tenant having trouble to follow up rental even before MCO. Now trying to deferment rental for few months and telling tenant to pay more to recover previous rental would cause more damage to tenant and headache to landlord. Giving discount package is the most ideal IMO.
Business is business. Leniency and help can be given, but if the tenant is bad business for no reason, kick them out.
I won't comment on them not paying before this. But this is a hard time for everyone, maybe defer the rent for these period, but not making it free or gives discount.
It's up to you how much you want them to pay. Maybe 50% is too much for them. Say 10% over the next ten month will be easy on them. Also tell them no smoking or drinking alcohol for them.
You will be like a bank in this situation, you don't want the borrower to default, declare bankruptcy and lose all your money. You will want them to continue paying and recover all your money even it takes a longer time.
I'm not a landlord though. It's just a personal view.