National REIA's Video Conference Call from June 5, 2020


Money is still available in the Payroll Protection Program and you have until June 30 to apply, advised Kevin Coughlin of Lexington Companies during the June 5 National REIA COVID-19 Update. If you've already applied and are now looking into how you can get as much loan forgiveness as possible, rules and requirements have changed recently in favor of business borrowers.

Charles Tassell advises caution as eviction courts reopen so that you don't run afoul of rules that apply to rentals that benefit from some sort of subsidy: Re-examine your loans to make sure you're following rules on when evictions can be filed and late fees charged.

Tyler Johnston of IDI demoed his company's skip-tracing service and gave REIA members a special URL to use for a 50% discount on their service.

NREIA Executive Director Rebecca McLean offered a national market update discussing trends.

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