Tenants Stopped Paying Rent - My Response

Lets discuss the recently headline that 1 out of 3 American Tenants didn’t pay their rent in April - Thanks! Add me on Instagram: GPStephan
Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1400): act.webull.com/k/Vowbik9Tm5he...
NEW: JOIN THE WEEKLY MENTORSHIP - the-real-estate-agent-academy...
The KZbin Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on KZbin, rank videos on the front page of searches, grow your following, and turn that into another income source: bit.ly/2STxofv $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
www.amazon.com/shop/grahamste...
According to the headline: “No rent was paid in April by nearly a third of American Renters.”
Now, in almost every situation…the rule is that, you STILL need to pay rent, and you still OWE the money to your landlord, it’s not FORGIVEN…even though, right now, you can’t be evicted. But, by the time this eviction freeze is lifted, technically - you’re going to owe all your back rent, and then - AT THAT POINT - if it’s not paid, the landlord can move forward with an eviction - which, we’ll address very shortly.
But, to analyze this data PROPERLY, and look at how many people are not paying rent…we have to take a step back and look at this number, in context. Because, in the month before this…and, in the YEAR before this…it was average that almost 20% OF TENANTS to NOT PAY THEIR RENT ON TIME. That’s right…almost 1 out of 5 tenants, in a GOOD MARKET, can’t pay their rent on time.
HOWEVER…here’s what many of these articles leave out:
Many of them failed to mention that the Vice President of the National Multi-Family Housing Council, who were the ones that GATHERED this data in the first place…said that “The New Data For April With Historical Data is not a true representation of how rent payments are progressing.”
www.bisnow.com/national/news/...
The term “NOT PAYING RENT” is counted when tenants don’t pay their rent, in full, by the 5th of each month. And, in April…the 4th was a Saturday, and the 5th was a Sunday, with many places closed from processing payments…meaning, rent probably isn’t going to hit until the 6th, on the Monday, after this data is already analyzed.
So, even though it’s unclear exactly how many tenants ended up paying rent on that Monday, that were NOT counted in this study…I have a feeling it’s going to cause this 1 out of 3 number to drop, even just slightly.
Second, I’d also like to mention that these are only tenants who pay ON TIME…and, as a landlord for almost 10 years now…I’ve had quite a few situations of late rent. Sometimes things come up, tenants make partial payments upfront, they pay the rest later…I get it, things happen, and we have to work TOGETHER if we want to get through it.
So, if you’re a tenant who’s not able to pay your rent…bring that up to your landlord, don’t just stop paying out of nowhere. Even though you’re STILL going to be responsible for payments, that doesn’t mean you can’t work out a payment plan with your landlord so that everyone is happy.
And, as a landlord, this is also a prime example of why it’s so important not only to screen your tenants thoroughly, to make sure they can afford the rent and aren’t spreading themselves too thin, but also to keep a heft cash reserve on the sidelines for anything that might come up.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [e-mail]
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[@dhyde9207]

He owns $6,000,000 in real estate in Los Angeles. In other words, one 3 bedroom, 2 bath bungalow.

[@carmenroxas5404]

D Hyde haha so true

[@neemok7784]

Nice

[@pequodexpress]

I understand that someone with seven properties totaling $6,000,000 in value has some cash flow and gross net worth on paper, but how many of these properties are owned outright and how many of them were purchased with very little down to be paid off by renters over the next thirty years, or possibly sold off for a profit IF they appreciate reasonably enough? What's the yearly maintenance costs for these properties?

[@pequodexpress]

This offers some explanation: www.cnbc.com/2019/11/21/how-graham-stephan-lives-in-los-angeles-on-1point6-million-a-year.html

[@tombslasher]

10 cardboard boxes with ocean view with a free bottle of cheap wine in a paper bag.

[@CaseyBurnsInvesting]

As long as they aren’t growing weed in the garage and trying to kill their landlord. OG fans will understand

[@MrMassey4ever]

Casey Burns Investing lmao I spit up my fucking juice!!!

[@toplyrics457]

Haha

[@Jujj180]

"Guns & Roses" 😂

[@richardgould-blueraven]

Was thinking that same thing

[@abirdatemytoes4024]

im proud to say i understand

[@kevinh811]

My aunt, who can be a little mean spirited, has the money to pay her rent but isn’t paying right now because she get a weird thrill thinking she is getting away with something. What she doesn’t know is that my cousins (her kids) are paying her rent and not telling her. The last thing any of them want is for her to get evicted and come and live with one of them. Lol

[@webbit1518]

KEVIN!! i been in that situation...thats funny but also not funny...LOL

[@DanielDTUBWeinberger]

They should just be like "no"

[@alicea5]

Sounds like me if my dad suddenly stop paying rent

[@davidsosa507]

>the last thing any of them want is for her to get evicted... Oh, so swet >... and come and live with one of them Lmao, now that's relatable

[@nikkitalley1413]

Yeah I feel them. Sometimes you just get along with family living apart.

[@redmondhenry398]

Tenant Stops paying rent. Graham: Ah yes now i can make a video to recuperate the costs...

[@davidpeterson4422]

Savage

[@zelllers]

This guy's thumbnails are hysterical. Every single one looks like he's about to have a breakdown.

[@GrahamStephan]

hahaha!

[@MegaTroubleII]

Dude seriously

[@pasteancalin7826]

thumbnails that make you feel some emotion are more likely to make you click them. I probably wouldn't be watching his content without them

[@mjz667]

Heavy is the head that wears the crown

[@mikejoey5088]

uh, he is

[@Peter-hd2do]

He protecc He attacc But most importantly Graham Stephan keeps me financially on tracc

[@DemetriPanici]

Peter Tiziani ayyyyyyy good one

[@charlesludwig9321]

Nice lmao

[@jesusrios444]

He should gain some weight.. that way he can also be thiccc

[@lincolnwithmanny8837]

@Checkmate Chess Channel man I remember back when I was a kid I won so many chess tournaments and I was quite successful I once played agaisnt 25 people at once and I was like 10 years old... Man I miss those days in the park... Everytime I see something related to chess I think of those moments

[@ezrab5828]

😂😂

[@MisaMouri]

Being a landlord is an investment or so im told. Every investment has risk. Too many landlords wanted to complain that the essential good they have had....guess what....risk. The risk with real estate is the people you rent to can lose their job, die, get sick.

[@rogerarvizu5558]

That's why you do a 1yr lease

[@bradvincent2586]

12345 12345 the government should pay everyone’s rent! And groceries too!!

[@eddenoy321]

@@rogerarvizu5558 I think you mean this is why you should only offer month to month renting. People get sick, lose their jobs, and die pretty regularly. No lease will change that.

[@starcatcher3691]

Yes there is risk but we shouldn't take on more than was is fair. For instance we shouldn't have to put up with tenants who simply want to take advantage of the situation. We shouldn't be the ones to shoulder it all either.

[@patwonder3045]

if you talk about risk ... there is also a risk having a job and getting laid off. not every landlord is a greedy millionaire ... both, distressed renter and landlord should be helped

[@jordann2835]

Video idea: rate those “make money become a millionaire” ads that pop up while watching your videos in terms of effectiveness

[@ApfelNicknack]

Dupflup during quarantine I’ve been watching KZbin excessively as it’s my main source of entertainment, those have been the only ads I got and I’m not taking about 1 or 2 ads per video it has been more like 3-5 of those silly super brash get rich quick ads

[@joefunk76]

Effectiveness of the ad... or the product/service they’re advertising?

[@TheMindfulMillennial12]

OMG PLEASE! If I was making millions by network marketing - the LAST thing I would be doing is showing other people and expanding the market...

[@g.hickory1383]

yes i just had some dude who looked 14 telling me he could make me a millionaire

[@MrJamberee]

He's going to zero during this crisis.

[@mitthrawnuruodo1730]

People not paying rent: Me, an intellectual: *laughs in living with mom not paying rent*

[@GrahamStephan]

hahah congrats!

[@bigdaddymatty4804]

Always knew Thrawn was a mamas boy... haha

[@perfectscotty]

Your a smart man, stay there and bank cash up. And whatever you do don’t get mixed up with the wrong woman. You would like Aaron claerey, asshole consulting here on KZbin.

[@brycebirtell4178]

Laughs in living in a van 😎

[@truflz2618]

eyyy rent free gang. I can get my own home but I would rather just rent out my own properties

[@martins4118]

I'm glad I'm renting a room for $500 and not an apartment for $2000+

[@JamesHollowayYT]

Martin Su that’s awesome! What are some other ways you’re reducing your spending?

[@lopez122795]

where do you live? that sounds like a lot even for downtown Chicago area

[@edercortes1960]

Martin Su .....👏🤜 same here I live in NYC with a roommate and I pay $450 in rent ...you’re right I’m better off paying this than $2000 in an apartment by myself

[@martins4118]

James Holloway A lot of ways, not eating out including takeout/delivery, buying used stuff, driving an old car, not buying stuff I don’t need or keeping up with the Jones.

[@SanskarWagley]

I rent a room for $600

[@DoveDaniels]

So glad my landlord is giving all three of his tenants 4 months rent free. He knows we will do anything to protect him. Humbly blessed to be his tenant.

[@tonymog7681]

My landlord say 3 months free BUT NOW HE say NO WTF REALLY

[@glassvial]

Tenants stop paying rent, stimulus checks come in, Walmart runs out of TV's.

[@AboutAysha]

Definitely going to waive rent for the month of May. My tenant’s hours got cut back and I want to be able to help as much as I can!

[@GrahamStephan]

Amazing!

[@johnathanepic3790]

more people like you are needed!

[@miss.butterfly6745]

You are a beautiful person

[@reneeleese]

Aysha Chaudhry - Property Investing will you waive or defer it?

[@DIVISIONINCISION]

Times like these will demonstrate what kind of landlord you've been. If your tenants respect you, they will work to pay you back. If you've done them wrong, they might not pay for months and prolong an eviction process.

[@investinyou4292]

People: paycheck to paycheck Landlords: month to month Banks and companies: bailout to bailout US government: war to war

[@GrahamStephan]

uh oh!

[@TheTechnician44]

Most accurate comment ive ever seen...

[@ugoekwegh4581]

@@TheTechnician44 exactly

[@JamesHollowayYT]

Invest In You That’s actually the most accurate thing I have ever read.

[@andybaldman]

War is definitely coming. You heard it here first.

[@davidregan9872]

My landlord just raised our rent! What a nice guy that hasn't done anything, but a new water heater in 12 years!

[@ludwigvonmiseswasright4380]

if you don't like paying rent, buy your own house

[@pablocores7877]

Sarah Isles That’s like telling starving people to just eat food.

[@JohnKlick]

Was it below market, if not you should be able to find a better deal elsewhere

[@adarkgothicforest8508]

@@ludwigvonmiseswasright4380 the problem with that is en less you have very good credit and a downpayment (hard to get a down payment when you pay over priced rent just to live) you see the point there its a pit and very hard for low income, even average income people to get out of to buy a house

[@Saracinderallasushis]

A Dark Gothic Forest The real problem is that lots of people would sooner spend all their money, no matter how much they make, smoking/gambling/booze/pot/women......many bad habits to waste money on!

[@vader5042]

You'll get your rent when you fix this damn DOOR!

[@dangeroreilly2028]

There are legal ways to do just what you say. I hope if anyone withholding rent for lack of repairs is doing it the proper way. Certainly tenants don't believe they can disregard promises in their lease because they believe the LL isn't meeting his obligations, do they? If they did that, they'd have no right to complain about LL.

[@AutomotiveAnatomy]

Tenant-We cant pay you rent this month. Graham-Did you smash the LIKE button?

[@GrahamStephan]

The most important thing of course!

[@brandonpanozzo86]

Lmbo good one

[@ReasonableRadio]

When you look at Grahams millennial money income, a tenant encouraging people to smash the like button for him is probably worth more than rent

[@waterheaterservices]

The LIKE button will MAGA

[@ibabymomx3]

LMAO

[@FinancialBeanstalk]

It’ll be very interesting to see how this pans out for people who over-leveraged themselves 😬 or the AirBNB’s that aren’t being rented currently.

[@drmosaddegh]

thats why you create multiple streams of income so if one thing fails you aren’t left to starve

[@FinancialBeanstalk]

Mrs Joseph Joestar Absolutely! Great point!

[@MichaelChoi]

A lot more rentals on the market with aggressive rent deals like free one month rent.

[@cartagenadaniel1973]

I do AirBnB, That is dead stopped. But....I have other long term renting. Multiple types of rental income is key. But, having a reserve for the SHTF takes the stress off. Having that in cash, commercial credit, personal credit are all last stands if needed.

[@dwkim13]

They deserve it.

[@neshiaj5840]

I’m so grateful I can still pay my rent. Hope this pandemic will end soon😢

[@KingOfShenanigan]

It won't

[@mechamicro]

@@KingOfShenanigan Not until like the Fall. Trying to negotiate to landlord for not paying 3 months then roll back slowly with higher rent on Sep with late fee.

[@AB-sr3jd]

I’m proud of you ... just cut off all unnecessary expenses at this point in time ... if your landlord doesn’t have backup savings and you don’t pay chances are you both end up losing out in the end ...

[@erickpina8802]

Won’t end any time soon with all these trump supporters protesting a virus. It’s literally a comedy show watching them thinking they’re actually doing something

[@dailyorangepill3338]

Unfortunately, many people live like the Kardashian's on a Walmart budget! Emergency funds should be a priority.

[@pzeller1]

I had one affected by COVID-19. I told her don't worry about April/May, they'll be no late fees and we'll work out a payment plan. To my surprise, the tenant completely caught up in mid-May. If you are lucky enough to have a good tenant, it absolutely is worth it to work it out with them.

[@LumiLunar]

It got me wondering if Graham's tenets watches his channels.

[@GrahamStephan]

I know a few that do!

[@JamesHollowayYT]

Ricky Ng I’ve actually wondered that same exact thing but for my KZbin videos about my properties!

[@DemetriPanici]

Ricky Ng best question I’ve read all day 😂

[@SparkleP8nter]

Ricky Ng good question!

[@f30hotep3]

Lol I’m one of them

[@annienguyen5487]

Why am I watching this . I don’t even pay rent

[@GrahamStephan]

haha maybe one day!

[@HorseRadish403]

Me too

[@hpdpco6634]

Thats because you know how to live below your means

[@ryanmitchell3824]

Knowledge is power, one day when its your time to pay rent, you'll know exactly how everything works and will be more prepared for it

[@nerfgoonie]

Annie Nguyen you will

[@andreawilliams-epting8573]

I have so much respect for you! You are awesome!

[@jayman453]

My friend is a landlord and he freely gave his tenants a two months free rent forgiveness as a no fault of their own without punishing them in the future by forcing them to pay more to make up for this. So hes eating the cost just like he would if all the appliances became faulty. He handles the job as a landlord just as he does with everything else in life by refusing to be taken advantage of but still finding honor in kindness. His tenants will probably never leave. Though I understand what this video stands for I also can appreciate that us people can accept that this isn't our faults. So it's nice to see my everyday folks out to help, so no digs at you but I definitely think you would recover much quicker than your tenants would trying to scramble to make up. Course I still dont look down on you either, just because you have money doesn't mean you should be punished either BUT i do believe as landlords you have responsibilitys to the families in which you provide for, I mean that is the "job". Regardless it is a crappy situation for everybody. We dont ever get anywhere on our own, the world needs more help, love, and understanding- on both sides. Also please dont take this as I'm saying everything must be free and taken from the rich and all that junk as I am a believer in hard work for what you want and need, no handouts, your not being ugly it's just this topic made me think of other ugliness in the world. Sooo anyway good videos and interesting input, keep up the good work!

[@KarinaFangz]

Your friend is doing something commendable and that is great. Don't get me wrong, I sympathise and acknowledge the misfortune of what is going on right now. But I wholly disagree with your standpoint about what a landlord's job entails. The job is to maintain a property so that another who desire to rent it can do so. Their "job" isn't to provide for, or even care for, their tenants beyond that. It's like buying food from a restaurant and expecting them to give them out for free. You make quite the humanistic argument, but I just don't agree with putting contractual obligations on par with acts of kindness. They're two different things, and to some, rent might be their way of surviving. Aside from that, I have no objections. Take care!

[@HoUsEoFbRiX]

@@KarinaFangz Being a landlord is hardly a job. If you can't afford to live without other people's earnings to prop you up, you probably shouldn't invest in something you can't afford. Property beyond what you need is an investment and investments come with risk.

[@KarinaFangz]

@@HoUsEoFbRiX you might not think that being a landlord isn't a job, just like investing in stocks and materials isn't a job. Most likely due to the lack of employment and hard work, but at the end of the day they are providing a good and they're self-employed. It's the only source of income for some people, and there are standards they must abide by. Also everything you do requires the help of others, it's a fundamental basic function of society. But I agree with not investing in things you can't afford.

[@meetmilo4417]

People that stop paying rent in April but make their own ice coffee.. Graham: Fair enough, I like this guy

[@GrahamStephan]

hah!

[@meetmilo4417]

@@GrahamStephan I don't even drink coffee, so that $0.2 is compounding as we speak hahah

[@JamesHollowayYT]

Meet Milo right!? For a whole year I cut out everything that wasn’t a necessity in my life so I could buy my two rental properties that now cash flow $1100 a month.

[@nw9801]

And all you guys can buy enough toilet paper to last a lifetime 👍

[@jobooty6053]

@@GrahamStephan your a stud GRAM

[@RamieJazairli]

Let’s all be grateful that we still have a roof over our heads. EDIT: When this comment has more likes than my sub count 🙃 It's nice to see that others feel the same way!

[@GrahamStephan]

indeed!

[@Psyshimmer]

people still forget this

[@Defy_Convention]

Also grateful to live in a country where overcrowded tin roof slums aren't that roof.

[@DIVISIONINCISION]

Yes. I'm starting to count my blessings. There are many people worse off. I have a house, pension, food etc.

[@joslu80eight5]

Amen!!

[@AdamMalmstedt]

So happy to hear that your video is trending Graham - you really deserve it!

[@NguyenCPAs]

Graham, love your videos man. Keep up the good work.

[@TheRealGuywithoutaMustache]

Tenant: (Stops paying rent) Graham: You could not live with your own failure, and where did that bring you? Back to me

[@GrahamStephan]

haha oh no!

[@JamesHollowayYT]

Just Some Guy without a Mustache It all leads back to him!

[@angus5320]

Do you watch Davie 504

[@yeetmachine52]

Well here u are again

[@quinn2002]

Just Some Guy without a Mustache all comments lead back to you

[@cullinm]

Graham, I will say, this is the type of content that keeps me coming back to your channel. This really helps me understand what’s going on. Thank you so much.

[@GrahamStephan]

So happy to hear, thank you!

[@JamesHollowayYT]

Cullin McGrath agreed! What are some things you are trying to learn?

[@jacquelinele9170]

So true!! He has a great perspective and one of the few ones I've been interested in listening to during this pandemic

[@JamesHollowayYT]

Jacqueline Le same!

[@almondbox2416]

Another great and insightful video.. thanks graham 💪🏼

[@MegaMiir]

This is some great insight, I really appreciate it.

[@Zage55]

"this is 30k dollars cash" who keeps getting this ad -_-

[@GrahamStephan]

hahah!

[@miah5561]

Me

[@donttouchme2095]

"gurus"

[@sirfredrickeggenhauser2795]

I have KZbin red peasant

[@caleb1972]

@@sirfredrickeggenhauser2795 the money you spent on youtube red is $1mil in future money that you just lost. Who is the peasant now?

[@rebecca12792]

I'm currently renting and having an emergency fund has given me soooo much comfort. Everyone I know is more anxious than ever. But, I know I'll be okay or even come out of this better off than before. Thanks for the inspiration Graham! Without you and Dave Ramsey to inspire me, it wouldn't be where I am right now.

[@GrahamStephan]

Woohoo! Great job!

[@yammysydney457]

Thank you for the insightful video! Keep doing the video!

[@BrianVelez]

Graham, when will we get the chance to see you dust off that drumset? 😆

[@GrahamStephan]

haha hopefully soon!

[@chrisglaze1410]

Graham is at 1.69 million subs. Let’s appreciate the little things in life😂

[@CalebOliver]

Investing With Chris LOL literally 😂

[@spookirock3826]

NOICE

[@Yuki_Francisco]

Investing With Chris nice

[@isaiahsanchevy9252]

Heh heh

[@doppleganger3496]

Nice.

[@KellanJames]

Graham's response: Do you have any idea how many iced coffees that cost me??

[@CalebOliver]

Kellan James - Real Estate Investing for Cashflow 😂😂😂 Also I wish your channel much success! 🔥🔥🔥

[@KellanJames]

@@CalebOliver Aw, thanks! 😊

[@manictiger]

Goro: (grunts and crushes Graham's glasses) Graham: Those were 2500 iced coffee glasses, 455h073! (Kicks Goro in the cajones)

[@ParanormalRomanceBooks]

Really helpful information, thank you Graham

[@thementalistxy5833]

Love you man thanks for doing what you do

[@danhall5761]

Since following Graham I’m now saving 5/6 of my wages. Feel he’s contagious.

[@GrahamStephan]

WOOHOO!

[@keldonator]

And I'm over here happy I am saving 1/6th lol

[@majorlycunningham5439]

$6 mill in rental properties in LA? So like 5 houses? lol

[@Ena48145]

One

[@drnsells3036]

M M no he has 5-6 homes. Some of them are multi families.

[@antonioskontonasakis]

More like 3 3 bedroom 1 story houses lmao

[@KFordmusic]

Matt Cunningham 7 max 😂

[@darknessfadestolight4312]

If that

[@weerobot]

Homeless in America going to Skyrocket once this Over...be more sleeping on streets than in Buildings..

[@urbana11229]

to quote Jay leno - "where are the parents"?

[@Bekssss]

Not really , price will crash 60%-70% landlords will run bunks will sell to new owners, rent price will crash

[@virtuosityll7116]

No, There WiLL Be A RoTation!! Landlords Switching Out new Tenants, Tenants Getting new Landlords LoL

[@lisajohnson6351]

Vitalii when did that ever happen?

[@ismaellesalomon7798]

Hi Graham, I literally never log in to youtube, watch ads, subscribe, or smash likes but for you, I will. In all seriousness, I was laid off from my dream role in a major corporate company in February and have yet to secure a new opportunity. Watching your videos like me know that even if I've made major financial mistakes in the past all that matters is how I move forward. Keep up the great work!

[@scottk2160]

*Graham coming through with the facts yet again!* 👊🏽

[@pbrsteve5974]

Graham: "Here are my thoughts,...First"--cut to diaper commercial

[@leadnsteel1428]

First I'm going to show you how to make a 6 figure income working from home if you buy my proven system

[@anonymousinvestor9593]

​@@leadnsteel1428 Happy to show you how I did $19k today... just posted on my channel =)

[@BSFilms1997]

I got some sort of review-buying ad... and Chinese propaganda.

[@clintonlandry4873]

😂

[@thatxonexguy5438]

Adblock

[@PhilipFrazer]

Always good info and advice Graham...

[@Nickasap]

If you have the money pay the rent. Imagine being stuck 5k our more when this all ends.

[@PerryUnlikely]

April was good for me, but I’m definitely keeping reserves and staying on top of it.

[@GrahamStephan]

Good!

[@abelpizarro5621]

I was always financially literate, but this channel brought me with the gods of financial literacy

[@GrahamStephan]

Thank you!!!

[@CalebOliver]

Abel Pizarro Cool videos. I wish your channel much success! 🔥🔥🔥

[@abelpizarro5621]

Graham Stephan thank you I own 2 properties now! Money growing in CIT bank, 401k booming

[@abelpizarro5621]

Caleb Oliver thank you man appreciate it !

[@MrDlee337]

Great research on the topic!

[@mico2018]

Thank you for this! Very insightful!

[@gloriabass9945]

I was able to continue with on time rent eventhough I'm not working because of covid 19, I have an emergency account .

[@GrahamStephan]

Awesome!

[@DrsGanandMo]

One of my tenants called me on April 4th with the news that she had a reduction in her pay and hrs and that her husband was laid of. She has been a tenant for 4 years; we explored best, and worst case scenarios together and came up with two plans that will allow her to get back on her feet along with meet her rent obligation by spreading out the May rent over the remaining term of the lease We actually just put up a video discussing how the market and these conditions are uncharted yet with a level head we will all come out of this ok

[@GrahamStephan]

Good luck in these trying times

[@meganm9978]

I think it's important to consider the tenants financial status during these time especially as landlords. Holding that landlord-tenant relationship is important and key, and coming up with a plan is the goal. Goodluck!

[@DrsGanandMo]

@@GrahamStephan Thank you!! I just closed on two fourplexes in texas and one tip i have for all those you are currently trying to rent out their units is screening tenants and only accept apps from tenants in jobs that havent been affected such as goverment employees etc!!! Ive really became very picky with the jobs my potential tenants hold as to ensure that they will be able to continue paying the rent

[@CalebOliver]

Interesting perspective! Also I like your videos. Keep it up! 🔥🔥🔥🔥

[@DrsGanandMo]

@@CalebOliver Thank you bud! WE appreciate that very much !

[@table3731]

"Hopefully I'm not one of them...." "That was a little crooked." 😆😆

[@chessandmathguy]

Well said and excellent content! Subscribed!

[@LordCommissarLex]

I finded mind-blowing when I see landlords who live month-to-month that just blows my mind.

[@GrahamStephan]

Me too!

[@JamesHollowayYT]

Lord Baelish So true! I have two properties that cash for me $1100 a month, and I have enough cash reserves to withstand six months of hardship in case my tenants stop paying. Thankfully they have not stopped paying. I talk about my experiences and knowledge on my KZbin channel!

[@DIVISIONINCISION]

Those are slumlords, baby Lord Bae.

[@elliethevegan8416]

I suppose it depends if they're a new landlord?

[@George_Perez]

LOVE THIS and couldn't agree more I don't have tenants as I mostly invest in stocks, but as a business owner who charges a monthly subscription fee for using our software we have pretty much given 2-3 free months of use to anyone who asked for it, because I mean times are just crazy right now so you got to be a bit more compassionate with everything, but we're all going to get through this!! 💪

[@r.g.431]

George - The Money Making Wizard [Weekly Videos] smart business! People will remember that!

[@George_Perez]

@@r.g.431 Facts building long term relationships is so much more important for any business

[@r.g.431]

George - The Money Making Wizard [Weekly Videos] thats what some of these ppl dont get! Treat your costumers rite! And they will be loyal!

[@r.g.431]

George - The Money Making Wizard [Weekly Videos] example one day I made an insurance claim with my auto insurance sons-of-bitches treated me like a criminal! 3 month investigation witch they ended up paying of car anyway! I cancelled them once everything was taken care of! In the other hand if they had just taken care of business like they are supposed too! I would have sticked with them!

[@George_Perez]

@@r.g.431 That's literally a perfect example, they missed out on a lifetime customers, by just trying to be greedy.. and still ended up needing to pay you PLUS now they lost your loyalty, DUMB. Not too mention that its extremely expensive to acquire new customers, but if you have loyal lifetime customers that doesn't cost you anything. Treat people right and they'll be happy to you their business, I'm always mind blown that more businesses don't seem to comprehend that

[@TRENDINGVIDEOSTRV]

Love your videos man!

[@brendandudley2913]

Thanks for the context!

[@anonymoussquirrel6427]

I've decided to rent out my brain... After all, its intellectual property.

[@GrahamStephan]

XD

[@Sleeping-nomad]

Oml 💀😂

[@CalebOliver]

Anonymous Squirrel 🐿😂😂😂😂

[@DemetriPanici]

Anonymous Squirrel that’s... ur right

[@TheWutangclan1995]

Smart, cunning, and hysterical. Well played you deserve a like and many more.

[@BoltRunner]

This is like my morning TV show. While I drink my 20 cent iced coffee. He deserves his own tv show

[@independenceday3764]

BOLT CLAN he has one. who watches TV anymore? it’s full of fakery. This guy is legit. I don’t agree with everything he says, but overall, he’s a straight up good guy. He has more subscribers than #FakeNews @CNN. Keep up the great work, @Graham Stephen

[@tonyjuarez3034]

@@independenceday3764 😂😂"fake news"

[@jessiraeann]

I’m only commenting so you’ll have 123 likes and 4 comments, at least for a moment.

[@pabloaguilar6342]

Lol he does but I’m pretty sure he’s doing just fine doing KZbin without having to respond to any corporate bureaucracy

[@BoltRunner]

Jessica Raeann if only my channel go this many likes

[@AN-we9il]

Hey Sir! Thank you for making these videos, people like you is what helps people like me move out of the life I was born in to a financial independent state= priceless🙌🏽 I can’t tell you how much your positive postings has help elevate my life. I’m no where close to being at the level I’m aiming for but I do find confidence with your guidance. Thank you again!

[@jad1079]

I like the drum set in the background!

[@kgal1298]

I paid my rent on time and all I got was a call from my landlord about my downstairs neighbors complaining about my cat making running noises during the day because we're all working from home now. -_-. Apartment life man.

[@GrahamStephan]

aw man :( I approve of you!

[@DIVISIONINCISION]

Time to think about a house. I'm so glad I left all those issues behind. Not to mention having a 2-car garage.

[@russelljamesmassey]

Shocking...a study is off and the news jumps all over it! 🤯😂

[@GrahamStephan]

haha!

[@russelljamesmassey]

Seriously though I don’t get why they have to do that.

[@brianndegwa6583]

@@russelljamesmassey for clicks

[@JustinSTeam2]

Great video!

[@bjg1411]

Trending! Nice work graham!

[@IncomeOverOutcome]

Graham: "None of my tenants missed rent in April.... because I let them pay with iced coffee" #CashIsTrash

[@GrahamStephan]

hah!

[@purpledude5526]

Not my Landlord. When the Shutdown in Ohio happened and people got laid off my Landlord send out a text to all the tenants where they can find a job LOL.

[@purpledude5526]

@@vavila16 Your right, he Isn't wrong. It is his property, he can do what he wants. Doesn't really send a good message though.

[@jborrego2406]

Purple Dude ok u go to work An ur boss says he not going to pay u

[@fearbabyriffs]

Vic Avila He isn’t “wrong” if you consider risking loved ones lives to go out and work just so your landlord can self isolate & live.

[@ludwigvonmiseswasright4380]

@@fearbabyriffs You that's how most land lords spend their time? Small residential land lords are often working 9-5 jobs as well, and they prefer to invest in real estate rather than the stock market. Most land lords have mortgage payments, and the government didn't send out anything about those being cancelled.

[@richlem276]

fearbabyriffs he should have some savings. People think that all landlords are rich and have easy money but some are just like normal people and bought a house to invest and people think because you buy a house you are rich. The landlords need money for mortgage and more expenses.Some need the money for mortgage because the government and bank won’t help them out and they could lose a lot of money. This is bad for a landlord who does not have a lot of money to spar

[@jphshow9668]

graham, your channel is growing i love it, like for that.

[@GrahamStephan]

Thank you!!

[@delshaunmarquisnichols5835]

😂😂😂😂😂 when you fixed the frame I literally screamed lol!!!!!!!

[@GrahamStephan]

😂

[@atx744]

I have 4 great long term renters who have paid on time for the last 5-6 years and so far only one of them has asked a 6 month delay on this month’s rent. I have no intention of evicting any of them even if they can’t afford to pay it back later. We’re all in this together and during this hard time we all need to be empathetic and give people extra time and grace when it comes to paying rent.

[@GrahamStephan]

Good landlord and good tenants!

[@thewongmindset451]

That headline definitely scared me the first time I saw it....luckily my tenants all paid on time...some even paid way early. Everyone’s just trying to get through this thing...

[@GrahamStephan]

nice!

[@NickPeitsch]

You made it to Trending! YAAAS!

[@saifty3747]

Really good analysis

[@TheEntrepreneurChannel]

Graham's response "The video about my tenants will pay their rent for them". However, Graham has to work hard on the video! So, everyone watch the entire video and smash the like button!

[@GrahamStephan]

Thank you!!

[@livingbychoice604]

Good point lol

[@BBEros]

@@GrahamStephan what would you do if this really goes to the... Would you lower your rent ? Forgive some months ? Do you think currency is going to devaluate ? Or deflation is going to happen ?

[@jordanharkins97]

Just completed my real estate course! Couldn’t have done it without your help Graham thanks!!

[@John_Cannon]

Congrats..the perfect time to get into real estate..

[@jordanharkins97]

John Cannon thank you! I was a little worried but good or bad there’s no perfect time to get into it better start now!😁

[@feebeci]

I’m a first time landlord and honestly can’t afford for them to not pay rent. Luckily they work in healthcare so good job security 😇

[@johnycastillo3335]

You should really have lots of money saved up before becoming a landlord. What happens when The home becomes vacant for 2 months? Or HVAC goes down?

[@HoUsEoFbRiX]

Owning a rental is an investment, sometimes investments lose money.

[@christineritchie8014]

Unless the healthcare tenant falls ill....

[@feebeci]

As I’m a first time landlord the money I get from the property is going straight into a bank account for a rainy day. . Just need to build it up a bit to get in the safe zone . The house will never be vacant it’s in the best spot although , I have landlord insurance.

[@feebeci]

I could always sell and get my money back , as it’s increased in value by 250k

[@MikeNardiTV]

Similar situation happening in Canada, crazy times!

[@iked4421]

I’m glad I’m still working, I feel for all the people out of work right now that’s no good. I was in that situation 4 years ago wasn’t an easy 5 months

[@GrahamStephan]

aw man, good for you now then!

[@LifeVersity]

wanted to hear your take on this thanks for sharing!

[@GrahamStephan]

thanks for watching!

[@LifeVersity]

@@GrahamStephan my pleasure!! On reddit r/realestateinvesting they did a poll to see how many of our tenants paid rent...that may be the info you were looking for

[@stevenaguilar8658]

“It was a little Cricket” 😂 love it when he does things like that, has me dying😂

[@victorespino5650]

Good analysis and research

[@avitony35]

My tenant paid his rent in full; I bought him a dozen doughnuts and put it out on his doorstep. He works from home so, I know he’ll be eating it on the couch and not on the go :)

[@GrahamStephan]

Hahaha awesome!

[@FreeRightsProtection]

That's called properly screening your tenants! Some landlords rent out properties to people that they know barely scraps by. These are usually the giant commercial companies. This problem can also occur with navie older investors who put all their money into properties, then rents them out to younger people who unsteady income. This isn't the country's first show at this, but it goes to show how non-resilient our economy actually is.

[@clydeb7713]

He was a diabetic and went into a coma, tanks a lot!

[@etaftestarossa9516]

I love watching Graham's financial content :)

[@GrahamStephan]

THANKS!

[@dongately2817]

He's trying to convince himself this crisis isn't gonna be bad. Sorry dude.

[@Bekssss]

Yeah , like 40 years "girls" believe to be hot as 18 years old 🤣

[@chadernest4399]

Plus if you lose a tenant now you have to fill that home with someone else and with the current job market and people being laid off it would make sense to work with the current tenant on a plan that benefits you both.

[@monkvegeta-thepursuerofpea7217]

"You'll get your rent when you fic this damn door."

[@Chris-oz5md]

lol nice

[@senecasantana3335]

King but you damaged the door so its on you to fix it. Pay or get evicted.

[@TheMostEccentric]

KING VEGETA- the Destroyer of Doors

[@DrRRaza]

Spider-Man?

[@mrclean5364]

Rab Raza that is what went through my head as I read it. 😂🤣😂

[@L0v0lup]

How to get a coaching by Graham: Rent one of his houses, dont pay rent - get a free coaching. 😜

[@GrahamStephan]

EXPOSED

[@realamazingworld6756]

I love the message that’s on the very bottom right of your KZbin video

[@thebesteveralina]

If people don’t have $$ to pay rent today, how can they have 3 months worth of rent in 2 months.

[@NikNik0123]

Exactly

[@josuemiamire]

Kindly utilize the “like” function in order to active the KZbin algorithm for Graham

[@GrahamStephan]

hahah woohoo!

[@HearMeLearn]

I like this one

[@nicklangridge3314]

Pay me and I'll like it lol

[@nicklangridge3314]

Pretty sure all these youtubers asking for likes is the equivalent of Hollywood actors begging people to go see there movies if it's good people will like it asking seems kinds sad really Please say I'm cool hahaha

[@josuemiamire]

Nick Langridge why you mad bro

[@chef_moquin9535]

Title: "Tenants Stopped Paying Rent" Me: Oh no, Grahams Tenets aren't able to pay rent *watches video* Me: I have been bamboozled again, but I'm not even mad

[@manp1039]

it was click bait.. and ironically he talked about article that used a similar piece of click bait to get people to read it.

[@m0nzer]

M A#np I think the word you are looking for is ‘Hypocritically’.

[@chef_moquin9535]

@@manp1039 yet in a way Graham's title wasn't really click bait because he never said "my tenants" we just assumed it was his tenants

[@manp1039]

@@chef_moquin9535 true

[@jesselourens9451]

Chef_Moquin95 That’s the point of clickbait though...

[@samuelkim5981]

Like button smashed!

[@HangNguyen-ih8rf]

You’re a very kind man Graham....your tenants are lucky ones.

[@Iwish387]

Here!! Yayayay I’m just waiting to take my real estate license. I can’t wait for this thing to be over. I though he was gonna say... He just let them stay in for free...since the whole pandemic is going.

[@GrahamStephan]

YAY!

[@JamesHollowayYT]

Relentless Ruthie I can’t wait for this thing to be over Because I see a bunch of discounted investment properties coming our way! I currently have two rental properties and I’m always looking for more. I talk about them and my experiences on my KZbin channel!

[@kingmessi5961]

What course did you take on-line?

[@AustinSamuelF]

Another option would be to allow for reduced temporary rent in exchange for an extended lease period. Taking in less rent but reducing your vacancy risk 💁‍♂️💁‍♂️💁‍♂️

[@Godjayel]

shows you how much power the people really have

[@Rainson_Entrepreneur]

Okay. This channel is the dopest channel on business niche