Matt Faircloth joins True Multifamily to speak about how he is responding to the Coronavirus pandemic with regards to his multifamily properties.
First, Matt stays calm and goes into action mode. He created a mastermind group of other property managers and landlords to lean on for support. This group shares strategies and the latest news on the impacts of government programs, lenders, or other impacts on their business.
Matt then reached out to property managers to set plans and expectations while also talking to lenders and insurance companies about options.
Matt also speaks about what to do if you have a property under contract and how to navigate the due diligence and closing periods.
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