5 ms·
The mistake is the landlord didn't take payment upfront, 6 month / 1 year.
by matz1 7y ago
The mistake is the landlord didn't take payment upfront, 6 month / 1 year.
- williamdclt 7y agoWhat fraction of renters (companies or individuals) can afford 6months of rent?...
- matz1 7y agoOf course there is pros and cons in every situation, but if you want to ensure getting paid, you want to be paid upfront.
- eropple 7y agoThat's sure a reasonable and thoughtful idea in industrialized countries where most workers live close to hand-to-mouth.
- matz1 7y agoThen the landlord bear the risk of non payment.
- AmVess 7y agoDo you make your mortgage or rent payments 6 months to a year in advance? If not, why do you expect landlords to do the same?
- matz1 7y ago>Do you make your mortgage or rent payments 6 months to a year in advance Depends on the situation, yes. >If not, why do you expect landlords to do the same? If the landlord want to reduce the risk of non payment, then they better be asking upfront. Of course it could create another risk. Everything has a trade off, so pick your poison.