Here's What You Need To Know Today
- Good news for everyone. The U.S Treasury has just released a 4 page document with new details on the PPP Act, confirming that small businesses, self-employed, and contractors affected negatively by the coronavirus crisis are eligible for potentially forgivable loans. Read more here and see how you can take advantage of this unprecedented $350 billion program.
- Yesterday, we reported the quickly growing trend of Local Property Managers and Airbnb Hosts putting competition aside to lobby together for refunds on local property taxes, licenses and fees. Since reporting this, over 20 readers have since asked me to forward them the template for starting a local movement in their market. If you'd like to be included or quoted in the article to build momentum for your market's lobbying efforts, please let me know.
- Today, I was featured on Thibault Mason's Rental Scale Up Group in a Live Webinar to talk about the PPP Stimulus Program. You can watch the recorded video here
It takes just one person with enthusiasm to start a movement that can help many people out.
Has your local rental market started lobbying for refunds on local property taxes, licenses, and fees during this difficult time? If not, consider forwarding this email to your competition to start a local movement! In this time, everyone is struggling and it's time to band together with your competition to stand up for everyone's shared interests.
Thanks for subscribing to my STR Newsletter. As always I'm here to help. Feel free to respond to this email or connect with me on LinkedIn.
-James von der Lieth