Comment on Colorado landlords fared the best in the U.S. in collecting rents during pandemic

Colorado landlords fared the best in the U.S. in collecting rents during pandemic

Colorado tenants made full payments to their landlords at the highest rate seen in any state during the pandemic, according to a report from TurboTenant. “In 2020, we saw Colorado landlords receiving the most full rent payments compared to other states. In 2021, that trend continued, which may point to several factors including, that in Colorado, renters prioritized rent payments, landlords were more likely to work with struggling tenants, and rent relief was better utilized and distributed by the state,” said Seamus Nally, CEO of TurboTenant, a rental software provider based in Fort Collins. At the start of last year, 55% of landlords nationally said they had received a complete payment from their tenants, while another 39% received a partial payment, and 9% received no rent payment.

 

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