I took a call today from a tenant who has been good about paying his rent every month on time. This month was no exception but although he paid rent on time, his paycheck had bounced and we should expect his rent check to bounce in turn also.
Apparently, his company had been acquired by another and something had gone sideways in the accounting office. Our tenant was heading off to work with another company and we could expect him to make it right ASAP. I fully expect that to happen.
The good news was that in his line of work, there was strong growth and new jobs opening (he would have no problem finding a new job). Even better, his line of work is construction.
Are things getting better? We think so and this is one more small sign I am happy to share. If you see things changing for better (or for worse), please share your story.