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Interesting rental concept
http://www.james.ae/newsdetails.php?nid=384
they pay the landlord with two cheques and you pay them back with 12 :) |
Re: Interesting rental concept
Originally Posted by Blue Cat
(Post 7381623)
http://www.james.ae/newsdetails.php?nid=384
they pay the landlord with two cheques and you pay them back with 12 :) |
Re: Interesting rental concept
Originally Posted by bimcnorth
(Post 7381713)
Not a bad idea, they attract both landlords and tenants that way...Expanding out of the recession in a way.
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Re: Interesting rental concept
Originally Posted by busybee2
(Post 7381720)
did read this somewhere before.... on a billboard in dxb i believe... surely then this middleman has to have a good deal of finance.
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Re: Interesting rental concept
I'd say its extremely risky, bearing in mind the amount of people leaving.
If they are still in business in a years time I will be surprised. |
Re: Interesting rental concept
Originally Posted by admon
(Post 7381900)
I'd say its extremely risky, bearing in mind the amount of people leaving.
If they are still in business in a years time I will be surprised. In reverse: My landlord was telling us what happened to his brother... basically, "a company" came along and rented out his villa and then sub-let it to tenants (billed as being the managing director of the company) at less than the market rate. Rent paid in 2 cheques to the landlord, paid in 1 cheque by the tenant. They did this with about 20 villas and then didn't honour any of the landlords' second cheques, pocketting a huuuuge amount of money. When the landlords complained to the rent committee it was ruled that the tenants could stay, seeing as they'd paid up. Poor landlords. |
Re: Interesting rental concept
Originally Posted by Hello.Kitty
(Post 7381999)
lol!
In reverse: My landlord was telling us what happened to his brother... basically, "a company" came along and rented out his villa and then sub-let it to tenants (billed as being the managing director of the company) at less than the market rate. Rent paid in 2 cheques to the landlord, paid in 1 cheque by the tenant. They did this with about 20 villas and then didn't honour any of the landlords' second cheques, pocketting a huuuuge amount of money. When the landlords complained to the rent committee it was ruled that the tenants could stay, seeing as they'd paid up. Poor landlords. but in this scenario, if the 2nd cheque bounced from 'the company' after 6 months, 'the company' wouldn't really have much benefit, seeing as the tenants are paying monthly.. |
Re: Interesting rental concept
Originally Posted by admon
(Post 7382012)
mmmm..
but in this scenario, if the 2nd cheque bounced from 'the company' after 6 months, 'the company' wouldn't really have much benefit, seeing as the tenants are paying monthly.. I just thought I'd share another "interesting rental concept" with you. |
Re: Interesting rental concept
Originally Posted by Hello.Kitty
(Post 7382021)
hence why I said "in reverse"...
I just thought I'd share another "interesting rental concept" with you. |
Re: Interesting rental concept
Originally Posted by admon
(Post 7382058)
sure, sorry, I thought that you were implying that the company could be building a payment scam.
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Re: Interesting rental concept
Originally Posted by Confucius
(Post 7382093)
What if the landlord ran away with the house???
Hahahhaahhaahahaa- Musicman, what do you put in your tea???? Hilarious! |
Re: Interesting rental concept
Originally Posted by Eva
(Post 7382143)
Hahahhaahhaahahaa- Musicman, what do you put in your tea????
Hilarious! |
Re: Interesting rental concept
Originally Posted by Confucius
(Post 7382165)
Hmmm...Easy tiger...
:confused: Tiger's a bloke engineer guy |
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