Logan is the Co-Founder of Landlord Studio, the only complete property management and accounting solution for real estate investors.
This last year has been challenging for many of us. The actions taken in an attempt to control Covid-19 have resulted in a rapid rise in unemployment and increasing levels of financial stress. Undeterred by this, there has been relative stability in the rental market.
The majority of landlords on my company’s property management platform have so far experienced little disruption to their rental businesses. Those who have seen disruption have been able to work with their tenants to find solutions to benefit both parties. I have seen a display of solidarity in spite of many eye-catching headlines from the last several months.
To understand why the residential rental market has retained some of its stability in the face of economic upheaval and rising unemployment requires looking at the