Milwaukee landlord reduces rent to $100/month to help his tenants

[zackymilly]

John Zutz, the owner of a three-family home, told WISN-TV he wanted to help where he can.

"I see what's happening inside the world, in the country, and I realize there's going to be a lot of people out of work, and they need help," Zutz said. "I'm not sure if (my tenants) need it or not. That's the point. They may not need it, but I encourage them, if they don't need it, to spend the money in the neighborhood."

Tenant Cai Logan told the station he does need the help because the virus has cut his income in half.

[HotTeaBag]

1. Hopefully things like this start happening all over.

The reality is that soon - probably by May 1st. - millions of people will be unable to pay their full rent or mortgage...not to mention car payments, insurance, credit cards, etc., etc.

Disaster.

[durablend]

3. Be nice but I'm not envisioning it

From ours I'd expect a "The coronavirus is affecting us all in ways we never imagined, that said, we remind you that rent is due promptly, in full on the first of the month, a late fee will be levied on the fifth day and eviction will be commenced in x days if not paid. Stay healthy, stay safe, and wash your hands!"

[LAS14]

2. I think ALL landlords should do something about this. Why should they...

... be exempt from losing out on income????? I hope some mechanism evolves to shame landlords that insist on their rent on time. Although some municipalities/states are decreeing delays. Can they do that???

[roamer65]

4. Gov Whitmer issued an executive order in MI that no tenants or mobile home owners can be evicted.

As long as the emergency continues, they cannot be evicted for non-payment of rent.

[LAS14]

5. But what happens right after the "emergency" is ended? nt

[roamer65]

12. I think it's day by day right now.

First things first.

[LuvNewcastle]

6. Nice guy.

There are some programs out there that help out people who have trouble paying their mortgages, which of course is good, but renters are often left on their own. I'm glad there are landlords like Mr. Zutz out there.

[fierywoman]

7. My landlord texts me during snowstorms and now this

to ask if he can bring me anything. Just sayin' they're not all schmucks.

[Nature Man]

8. Local governments need to shut down

eviction courts.

[FoxNewsSucks]

9. May not always be up to the landlord.

If there's a mortgage on the rental property, there's a clause in it which allows the bank to go directly to the tenant to collect rent and apply it to the loan if the landlord misses a payment.

I haven't seen Bank of America or any other banks giving a moratorium on mortgage or car payments.

[superpatriotman]

10. This guy is a Patriot

Sweeping forebearance and payment postponements should be Federally mandated NOW!

[blogslut]

11. Here's the link to the story

https://www.wisn.com/article/riverwest-landlord-hopes-rent-break-will-help-his-tenants-and-community/31794047#

[StarryNite]

13. Good! We need more like him!

[Demovictory9]

13. link?