Paying rent in 1 or 4 cheques
Does anybody know on average how much a landlord would reduce the rent by if paying in 1 cheque instead of 4? Or - put the other way - how much the landlord would increase the rent if paying in 4 cheques instead of 1.
Thanks. |
Re: Paying rent in 1 or 4 cheques
As much they want to. No law about that.
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Re: Paying rent in 1 or 4 cheques
according to mine absolutely zero.
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Re: Paying rent in 1 or 4 cheques
I know you used to see this a lot:
1 cheque AED x 4 cheques AED x. I think there was about AED 10 k difference per year and wondered if things had changed. |
Re: Paying rent in 1 or 4 cheques
it's a straight negotiation.
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Re: Paying rent in 1 or 4 cheques
Originally Posted by Millhouse
(Post 10748018)
it's a straight negotiation.
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Re: Paying rent in 1 or 4 cheques
Originally Posted by LaLaLayla
(Post 10748019)
Sure. But if you were tyring to decide between 2 jobs, what value could you place on having your rent paid in 1 cheque as opposed to paying it yourself in 4 cheques?
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Re: Paying rent in 1 or 4 cheques
Originally Posted by Millhouse
(Post 10748024)
in my case, not much.
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Re: Paying rent in 1 or 4 cheques
Originally Posted by LaLaLayla
(Post 10748025)
So, perhaps having your rent paid (then taken monthly out of your salary) is not just a fantastic perk after all?
it only becomes valuable if you need the advancement of cash. IF not, then its basically only worth any income you may receive on investing the difference for the short period of time (or the cost of a loan if you didn't have it). Which is next to nothing. |
Re: Paying rent in 1 or 4 cheques
I think the assumption is that you would not otherwise be able to pay in 1 cheque.
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Re: Paying rent in 1 or 4 cheques
Originally Posted by LaLaLayla
(Post 10748030)
I think the assumption is that you would not otherwise be able to pay in 1 cheque.
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Re: Paying rent in 1 or 4 cheques
Originally Posted by Millhouse
(Post 10748031)
are the offers really so close that this is the deciding factor?
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Re: Paying rent in 1 or 4 cheques
Originally Posted by LaLaLayla
(Post 10748025)
So, perhaps having your rent paid (then taken monthly out of your salary) is not just a fantastic perk after all?
Taking the hassle out of the equation’s got to be worth a few ‘000’s in itself. |
Re: Paying rent in 1 or 4 cheques
[QUOTE=the_red_sheep;10748037]Wouldn’t this mean that your employer will be dealing directly with the LL, so that any sh1t the LL tries to pull when it comes to maintenance, repairs, renewing would be handled by your company?QUOTE]
No. Purely financial. You show them your Contract, they give you a cheque. |
Re: Paying rent in 1 or 4 cheques
Originally Posted by LaLaLayla
(Post 10748033)
Yes, really close. There are also other things to factor in like shorter working hours and being able to go to the gym... so hard.
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