Article I wrote for the New England Real Estate Journal in February 2009.
“As tenants’ sales revenue drop, rent payment begins to deteriorate. It is at this point when your collection process and accounting information systems will show its deficiencies.
First you have to determine if your tenant has a viable business that will survive and if so do you need to provide immediate concessions such as deferring rent. But, for the majority of tenants they may just require additional communication to help reduce your delinquencies.”
Read the article
Sat, Sep 12, 2009
Articles