National Association of Residential Property Managers
National Association of Residential Property Managers
National Association of Residential Property Managers
Consult health care, tax and legal professionals, the CDC, WHO, and other agencies as needed before taking action. This is for informational purposes only and not intended to be legal, tax or medical advice. To avoid potential fair housing issues, be sure to apply all enacted company protocols to all clients. Likewise, be sure to maintain confidentiality as required by the Americans with Disabilities Act (ADA) and the Health Insurance Portability and Accountability Act (HIPPA) should anyone be confirmed to have COVID-19.
New Information Added Today
From the NARPM Action Center! CALL TO ACTION: Make Your Voice Heard on Phase 4 COVID Relief – Thank you for all that you are doing to advocate for property management issues. Your work is bearing results. But, there is more work to be done! Please take a moment today to contact your Senator and Representative by clicking on the link.
NEW from NARPM Members-Only Exclusive Content – Mortgage Information Form – NARPM Template for property managers to use with clients. Note: To access NARPM Members-Only Exclusive Content, you will need to log into Members-Only with your email and password. Click on Document Sharing and download the pdf.
US States’ Small Business Support Amid the Coronavirus Pandemic – link to article from Best Accounting Software regarding assistance for small businesses.
President Trump signed an extension of the Paycheck Protection Program (PPP) to August 8. The program had an original end date of June 30. There is still approximately $132 billion left in the program.
Small Business Information
President Trump Signs PPP Flexibility Act of 2020 into Law – June 5, 2020
Coronavirus Small Business Guide – from the U.S. Chamber of Commerce
Paycheck Protection Program (PPP) Loan Forgiveness Application – pdf download from the Small Business Administration, May 15, 2020 – Read the Press Release
SBA provides safe harbor for PPP loans under $2 million – article from Journal of Accountancy, May 13, 2020
Reopening Guide: Tools & Tips for Small Business Owners – a guide from the U.S. Chamber of Commerce
Resources Available to Businesses in Need of Funding – one hour video presented by National Small Business Town Hall from Inc. & U.S. Chamber of Commerce, April 17, 2020
PPP Loan – 6 Steps to make sure your COVID-19 Payroll Protection Loan is Forgiven – four minute video from Matthew Whitaker from gkhouses, What do you do once you have it? How do you make sure that 100% of it is forgiven? April 13, 2020
Experts Discuss How 1099 Contractors Can Access Coronavirus Loans — one hour webinar presented by National Small Business Town Hall from Inc. & U.S. Chamber of Commerce, April 10, 2020
IRS provides guidance under the CARES Act to taxpayers with net operating losses – press release with links to PDF guidance documents, April 9, 2020
IRS extends more tax deadlines to cover individuals, trusts, estates corporations and others – press release from IRS, April 9, 2020
Navigating the COVID-19 Pandemic in Single-Family Property Management – fifty minute video moderated by John Bradford of Pet Screening. This SFR Property Management Tele-Town Hall briefing brought together national-level resources to help the SFR property management industry navigate the COVID-19 pandemic. April 8, 2020
Tax Provisions in the CARES Act – Video from NARPM – fifteen minute video, The NARPM Governmental Affairs team discusses some of the tax provisions in the CARES Act that may be of interest to property managers. April 7, 2020
You Can Now Apply for the $350 Billion Paycheck Protection Program. Here’s What You Need to Know! – fifty-seven minute webinar from the Small Business Town Hall presented by Inc. and the U. S. Chamber of Commerce, April 3, 2020
SBA Loan Conversation with Rick Sanborn from Seacoast Commerce Bank PART II – thirty minute video from GKHouses and the Property Management Mastermind Show, April 3, 2020
Resources for Small Business in the Stimulus Package – Video from NARPM – fifteen minute video, Join Monica Gilroy, Atty at Law, of The Gilroy Firm, and NARPM Governmental Affairs Director, Tyler Craddock for a concise overview of resources available in the stimulus package to small businesses.
CARES Act: What Small Businesses Need to Know – article from U. S. Chamber of Commerce, updated March 31, 2020
Committee Releases Answers to Frequently Asked Questions About the CARES Act – press release from U. S. House Committee on Financial Services, April 1, 2020
Families First Coronavirus Response Act: Questions and Answers effective April 1, 2020 – Answers to 59 Questions from the U.S. Department of Labor
Employment Issues & Risks Presentation – Not sure what to do with employees? Here is a twenty minute session from the law firm NARPM uses, Pillsbury Winthrop Shaw Pittman LLP, which was developed to help their clients.
Fannie Mae Loan Lookup – Know Your Options by Checking Here FirstI’ll
FreddieMac Loan Lookup Tool
Guide to CoronaVirus Mortgage Relief Options – blog post from Consumer Financial Protection Bureau, March 31, 2020
How the Treasury Department is Taking Action – from U.S. Department of the Treasury; includes PDF applications for SBA Loans for borrowers
How to Get an SBA Coronavirus Emergency Payroll Protection Loan – article from the U.S. Chamber of Commerce
SBA Loan Conversation with Rick Sanborn from Seacoast Commerce Bank – thirty-eight minute video from GKHouses and the Property Management Mastermind Show, March 27, 2020
Small Business Guidance & Loan Resources – from the U.S. Small Business Administration
Small Business Loan Information – from the U.S. Small Business Administration
Document Sharing – More than 20 shared documents added
NARPM Members Sharing Documents and Templates on the NARPM website.
Note: To access NARPM Members-Only Exclusive Content, you will need to log into Members-Only with your email and password.
Ongoing Updates – Tools, Tips, Interviews, & Surveys Updated Regularly
Property Management in the Time of Coronavirus: Weekly Headlines & Insights – from Buildium
Court Closures & Evictions – webpage by Florida attorney, Harry Heist of Heist, Weisse & Wolk, P.C.
Heist, Weisse & Wolk, P.A.’s Videos – EvictTV videos by Florida attorney, Harry Heist of Heist, Weisse & Wolk, P.C.
COVID-19 Mastermind Series – from Brad Larsen of RentWerx and the Property Management Mastermind Show
Property Management Webinars during COVID-19 – from Tony Cline, MPM® RMP®, Shawn Johnson, MPM® RMP®, Matthew Tringali and a variety of guests.
Master Investors Tribe Monday Morning Positive Tribe Call – Facebook group videos from Darren Hoefgen and Kevin Dairaghi
Survey – How Property Managers are Responding to COVID-19 – AppFolio Survey in action; Results posting weekly – see Part I Survey Results on their blog; see Part 2 Survey Results as well
The Property Management Roundtable Podcast – from Matthew Whitaker and The Wolf Pack
The Property Management Show Podcast – brought to you by Fourandhalf – Property Management Marketing Agency
Upcoming Webinars – Registration Links for New Webinars
More coming soon
Shared Education – PDFs, Blog Posts, Articles & Handbooks shared by NARPM Members
Virtual Inspections Keep Renters Safe and Promote Social Distancing in Rental Properties – blog post from Rentec Direct, May 15, 2020. Listen to the NARPM Podcast: Virtual Inspections in a Virtual World.
HUD’s Ben Carson Suggests Eviction, Foreclosure Moratoriums Should Not Be Uniform Across US – article from Radio.com, May 13, 2020
Here’s when all 50 states plan to reopen after coronavirus restrictions – article from The Hill, April 20, 2020
How You Can Plan for a Safe Reopening – article from Inc. Magazine, April 22, 2020
Property Management in the Time of Coronavirus: Weekly Headlines & Insights – 4/11/20 – blog post from Buildium, April 11, 2020
COVID-19 State Assistance Guide – from the National Landlord Association, April 1, 2020
Property management in the time of coronavirus: Weekly headlines & insights – blog post from Buildium, April 4, 2020
CORONAVIRUS EMERGENCY LOANS Small Business Guide and Checklist – pdf download from the U. S. Chamber of Commerce, April 1, 2020
Special Report on Coronavirus and Small Business – a statistical study from MetLife & U. S. Chamber of Commerce, April 3, 2020
Inman’s State-By-State Guide to Evictions, Rent and Foreclosures – nineteen page PDF, April 1, 2020
Headlines & Insights for Property Managers – blog post from Buildium, March 28, 2020No problem. I think I found them all.
Top Financial Resources to Support Your Residents – blog post from AppFolio, LinkedIn post shared by Michael Stone, March 26, 2020
Family First Coronavirus Response Act (FFCRA) – Paid Leave Synopsis – pdf from NeoSystems, March 25, 2020
Employment Issues & Risks Presentation – Not sure what to do with employees? Here is a twenty minute session from the law firm NARPM uses, Pillsbury Winthrop Shaw Pittman LLP, which was developed to help their clients.
Up-to-date legal and business analysis in the midst of an evolving global event from NARPM law firm, Pillsbury Winthrop Shaw Pittman LLP
Property Management Handbook for Successful Remote Teams – downloadable handbook in exchange for your contact information from RentBridge
How Property Managers are Handling Maintenance in the Age of COVID – blog post from PropertyMeld
Coronavirus: The Landlord Guide to Outbreak Control Efforts – blog post from Rentec Direct, March 11, 2020
Optimize Your Document Workflow When Working Remotely – google doc from BlueInk
Overview of Self-Showings from NARPM Affiliate of the Year – video and owner kit from Tenant Turner (owner kit download in exchange for contact information)
From Around the Country – Links to Important Information from Government Agencies and Other Related Organizations
Mortgage and Housing Assistance – Information from the Consumer Financial Protection Bureau
Treasury, IRS launch new tool to help non-filers register for Economic Impact Payments – press release from IRS, April 10, 2020
COVID-19 Screening Tool – website and app from Apple, CDC, The White House & FEMA. This tool can help you understand what to do next about COVID-19. Let’s all look out for each other by knowing our status, trying not to infect others, and reserving care for those in need.
Committee Releases Answers to Frequently Asked Questions About the CARES Act – press release from U. S. House Committee on Financial Services, April 1, 2020
How the Treasury Department is Taking Action – from U.S. Department of the Treasury; includes PDF applications for SBA Loans for borrowers
COVID-19 Resources for State Leaders – from The Council of State Governments
CARES Act: What Small Businesses Need to Know – article from U. S. Chamber of Commerce, updated March 31, 2020
Families First Coronavirus Response Act: Questions and Answers effective April 1, 2020 – Answers to 59 Questions from the U.S. Department of Labor
How to Get an SBA Coronavirus Emergency Payroll Protection Loan – article from the U.S. Chamber of Commerce
Small Business Guidance & Loan Resources – from the U.S. Small Business Administration
Small Business Loan Information – from the U.S. Small Business Administration
Fannie Mae Loan Lookup – Know Your Options by Checking Here First
FreddieMac Loan Lookup Tool
Guide to CoronaVirus Mortgage Relief Options – blog post from Consumer Financial Protection Bureau, March 31, 2020
EvictionLab Table: Sources for Changing Eviction Policies Around the Nation – details where municipalities, states and the federal government have taken action, Facebook post shared by Erika
Identifying Critical Infrastructure during COVID-19 – from the Cybersecurity and Infrastructure Agency (CISA)
Guidance on the Essential Critical Infrastructure Workforce – from the Cybersecurity and Infrastructure Agency, March 28, 2020
Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, – pdf document from IRS
Fannie Mae Simplifies Payment Forbearance Policies to Assist Borrowers
Important Update from your 2020 NYSAR Leadership Team Regarding Real Estate Activities During the COVID-19 State of Emergency – website article/letter from March 22, 2020
Clarification regarding PA Governor’s 3/19/20 COVID-19 Executive Order – from the Pennsylvania Apartment Association, post shared by Lisa in NARPM Facebook Discussion Group
Marriott’s CEO Demonstrates Truly Authentic Leadership In A Remarkably Emotional Video – It is truly a hard time to be the CEO of Marriott Corporations. Read his story about being an authentic leader during times of turmoil. Post shared by Gail Phillips, CEO in NARPM Facebook Discussion Group, March 21, 2020
San Francisco Stay Home Except Essential Needs
To further ensure Marylanders’ health and safety, MD Governor Hogan has ordered the closure of non-essential businesses – post shared by Sherri in NARPM Facebook Discussion Group, March 23, 2020
From NARPM Governmental Affairs Facebook Discussion Group
Note: To access NARPM Members-Only Exclusive Content, you will need to log into Members-Only with your email and password.
Click HERE to join the NARPM Governmental Affairs Facebook Discussion Group.
What’s Happening “Today” – For informational purposes only
From the NARPM Action Center! CALL TO ACTION: Make Your Voice Heard on Phase 4 COVID Relief – Thank you for all that you are doing to advocate for property management issues. Your work is bearing results. But, there is more work to be done! Please take a moment today to contact your Senator and Representative by clicking on the link.
FHA Extends Foreclosure and Eviction Moratorium for Single Family Homeowners for Additional Two Months – Extension Through August 31, 2020, Provides More Security for Homeowners Impacted by the Coronavirus Outbreak – Press release from HUD, June 17, 2020
President Trump Signs PPP Flexibility Act of 2020 into Law – June 5, 2020
GOP faces internal conflicts on fifth coronavirus bill – article from The Hill, May 24, 2020
Obstacles Mount for Deal on Next Coronavirus Bill – article from The Hill, May 3, 2020
Chairwoman Waters, Top Democrats Call on Treasury, Small Business Administration to Expand Paycheck Protection Program Opportunities for CDFIs and MDIs – press release from Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, April 26, 2020
“With the new $10 billion in funding for Emergency EIDL Grants that the interim COVID-19 act provides, the Administration should remove the limitations it imposed that prevent businesses from receiving a full $10,000 grant. Businesses that have previously received reduced grants because they have fewer than ten employees should receive the full amount, and, going forward, new recipients should receive full awards as well, regardless of their size. Furthermore, to prevent the Administration from once again refusing to request additional appropriations when the program is fully subscribed, SBA should notify Congress as soon as funds begin to run low rather than cut the amount small businesses receive. In addition, it should dedicate the resources it has received for administrative expenses to ensure that loans go out within the statutorily mandated three-day time frame.”
Waters Statement on Bipartisan Deal to Fund Paycheck Protection Program, Assist Small Businesses, and Ensure Full Participation by CDFIs and MDIs – press release from Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, April 21, 2020
“In the next bill, it is critical for Congress to provide additional assistance to struggling homeowners, renters, landlords and people experiencing homelessness. As part of that effort, the Financial Services Committee is proposing the creation of a $100 billion rental assistance fund and $75 billion homeowner assistance fund so that struggling families are able to cover their rent or mortgage payments as well as utility payments. I will be working with my colleagues to ensure that these and other critical elements of the Committee’s proposals to protect and help our communities are included in the next coronavirus response package.”
What Happened “Yesterday”
House Passes Bill to Grant Flexibility for Small Business Aid Program – article from The Hill, May 28, 2020
R.6886 – Paycheck Protection Program Flexibility Act of 2020
Executive Order on Regulatory Relief to Support Economic Recovery – Issued on May 19, 2020
Paycheck Protection Program Increase Act of 2020 Section by Section – pdf download
Phase 3.5 Final Language – pdf download
Congress Passes 3.5 Coronavirus Legislation – pdf download
Committee Releases Answers to Frequently Asked Questions About the CARES Act – press release from U. S. House Committee on Financial Services, April 1, 2020
Phase Three – S. 3548 – CARES Act
Full Legislative Text for Phase 3 H.R. 748 Bill – pdf download, 880 pages
NARPM Report – Senate Approves Significant Stimulus Package – pdf download from NARPM Governmental Affairs
R.748 – Middle Class Health Benefits Tax Repeal Act of 2019 – This is the vehicle which could be amended to move the stimulus package. Once the Senate approves it, it is in a posture to go back to the House to accept the Senate substitute.
Phase Two – H.R. 6201 – Families First Coronavirus Response Act
Phase One – H.R. 6074 – 116th Congress (2019-2020): Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020
FHFA Suspends Foreclosures and Evictions for Enterprise-Backed Mortgages | Federal Housing Finance Agency
HUD: Coronavirus Information and Resources
HUD: Foreclosure and Eviction Moratorium
HUD Q&A for Office of Multifamily Housing Stakeholders: Coronavirus (COVID-19)
HUD COVID-19 FAQs for the Public Housing, Housing Choice Voucher (HCV) (including the Project-based Voucher Program (PBV)) and Native American Programs
HUD Foreclosure and Eviction Moratorium in connection with the Presidentially-Declared COVID-19 National Emergency – pdf document – The purpose of this Mortgagee Letter (ML) is to inform mortgagees of a foreclosure and eviction moratorium for all FHA-insured Single Family mortgages for a period of 60 days. Dated March 18, 2020
OSHA: Guidance on preparing workplaces for an influenza pandemic
OSHA: Personal protective equipment
Federal Guidance on Essential Workers
This list is advisory in nature. It is not, nor should it be considered, a federal directive or standard. Additionally, this advisory list is not intended to be the exclusive list of critical infrastructure sectors, workers, and functions that should continue during the COVID-19 response across all jurisdictions. Individual jurisdictions should add or subtract essential workforce categories based on their own requirements and discretion.
Workers responsible for the leasing of residential properties to provide individuals and families with ready access to available housing.
Workers responsible for handling property management, maintenance, and related service calls who can coordinate the response to emergency “at-home” situations requiring immediate attention, as well as facilitate the reception of deliveries, mail, and other necessary services.
Workers performing housing construction related activities to ensure additional units can be made available to combat the nation’s existing housing supply shortage.
Workers supporting the construction of housing, including those supporting government functions related to the building and development process, such as inspections, permitting and plan review services that can be modified to protect the public health, but fundamentally should continue and serve the construction of housing (e.g., allow qualified private third-party inspections in case of government shutdown).
From NARPM Facebook Discussion Group
Click HERE to join the NARPM Facebook Discussion Group.
Florida Attorney, Harry Heist, shares the following: “As suspected, my clients are already trying to dig up previously ignored “reasons” to try to get around the nonpayment of rent eviction ban on “covered” properties. Do me or your attorney a favor. Don’t try it. We can see right through this and a judge can as well. I ain’t gonna file an eviction on an unauthorized pet or occupant you had no problem with for the past 6 months.“ – post from NARPM Facebook Discussion Group, April 2, 2020
From the Financial Services committee report posted in this group: “Further, landlords would not be allowed to issue a notice to vacate until after this temporary moratorium and they would not be allowed to require a tenant to actually vacate the unit until 30 days after the notice is given. Renters should be advised that the moratorium only applies to evictions for nonpayment of rent, not for other causes. Renters should also be advised that although they may be protected from eviction proceedings temporarily under this bill, the bill does not treat nonpayment of rent during this period as forgiven and these unpaid amounts will accrue during this period even if fees are not assessed.” – post from Gail Phillips, CEO in NARPM Facebook Discussion Group, April 2, 2020
If your state orders to a Stay at Home, according to NARPM Past President Eric Wetherington, “I know in SC our state association is imploring the Governor to keep Real Estate as an essential service. I have also seen some comments from various states, including NARPM members in CA, that property management is essential as it relates to housing and can continue to work even during the CA shutdown. I would encourage folks to check with their local/state reps for clarification on that, but don’t just assume if real estate is shut down, then property management must be too.” Thanks Eric, even though you are not on Facebook, this is great advice. – post from Gail Phillips, CEO in NARPM Facebook Discussion Group, March 23, 2020
From Scott Brady: Real estate sales has been deemed a “non-essential” service in California….no showings, open houses, and therefore…no business for 30 to 60 days. “Yesterday Governor Newsom and the State Public Health Officer issued Executive Order N-33-20 requiring all Californians to stay home except as needed to maintain continuity of operations in 16 infrastructure sectors. This supersedes all existing local city and county orders that are less restrictive. The real estate industry is not exempt from this prohibition except as needed to maintain “continuity of operation … of … construction, including housing construction.” Therefore, REALTORS® should cease doing all face-to-face marketing or sales activities, including showings, listing appointments, open houses and property inspections. Clients and other consumers are also subject to these orders and should not be visiting properties or conducting other business in person.” post from Gail Phillips, CEO in NARPM Facebook Discussion Group, March 21, 2020
Another Good Tip From Harry Heist: Time to revise your PMA. If your state law does not prohibit, always have a minimum monthly management fee. The moment you take on a property, you are working. You have liability. Most property managers started in sales. This is where this commission only mentality has come from. You are not listing a property and getting some huge check when it sells. You are worth it and you deserve it. I and others have been teaching this since the mid ’90s. It is perfectly fair, normal and common in Florida. Don’t be afraid of it and don’t discuss what you charge amongst each other. Post from Gail Phillips, CEO in NARPM Facebook Discussion Group, March 21, 2020
Shared Templates
Files are shared in the Facebook Group. Items include Letter Owners, Letter to Vendors, Letter to Tenants and more. NARPM San Antonio Chapter wanted to share resources they’re working on for chapter members.
From NARPM Google Groups
Note: To access NARPM Members-Only Exclusive Content, you will need to log-in Members-Only with your email and password.
Click HERE for more information. In order to access these shared resources, you will have to join the NARPM Google Groups – only open to NARPM members.
Just a few of the Shared Templates and Discussion Topics you can find in Google Groups
NET or GROSS
Tenant Wanting to Break Lease, Showing Unit?
Doggy Smell in Apartment
Screening Criteria
Title Lock
CARES ACT & Rental Property financed with HELOC
Are NSF fee’s allowed in COVID….?
Applicant Qualification Criteria
Charging Fees for High Risk Application
Moratorium on Eviction Proceedings
Face Masks
Applicant Qualification Criteria – COVID-19 Modifications
Self-Showing Lockboxes
Child Support Documentation
Vacant House
Child Support Documentation
Vacant House
Welcome Letter Template
Tenants Renting 2 Apartments
Bedbugs!
Tenant Requesting a Mold Test
Rent Repayment Plan
HUD (Section 8) Office Feedback Needed!
Resources for Small Business in the Stimulus Package
Money Order Shortages
Talking with Owners about the Stimulus Package
GoFundMe
Termination Notice…. COVID Move Out Scare…
Tenants “choosing” not to pay April rent
Emotional Support Animal Addendum
Switching Properties
Great News on SBA Loans
Liability Coverage Examples
Maintenance Coordination Systems
(Not COVID-19 related!!!) Looking for 3rd party accounting firm to audit one owner’s books – Appfolio software
Move Out during Shelter In Place
Final Walkthrough
Tenant Communication about April Rent
Stimulus Package
Tenant Financial Hardship Claim
Stay At Home Orders
Roommates and COVID-19 Rent Forbearance
COVID-19 Forbearance of Rent
Credit Card Payments by Tenants
Applicants who work in impacted industries
College Students Tenants and COVID-19
College Applicants Approval with Guarantor
COVID-19 Templates
Stay at Home Orders
Maintenance Workers
Sharing Resources
Early Termination
IRS extends Deadline
Tenants teeing up non-payment
COVID-19 Legal Updates
COVID-19 Rent Payment Adjustment Request Form
Code of Ethics during the COVID-19 Pandemic
Initial Tenant Contact Letter
Rent Forbearance Agreement
COVID-19 Tenant Letter