Weekly rent
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
     
     
Weekly rent (by Ken [NY]) Mar 23, 2018 10:16 PM
       Weekly rent (by BRAD 20,000 [IN]) Mar 23, 2018 11:39 PM
       Weekly rent (by RB [MI]) Mar 24, 2018 4:59 AM
       Weekly rent (by GKARL [PA]) Mar 24, 2018 7:01 AM


Weekly rent (by Ken [NY]) Posted on: Mar 23, 2018 10:16 PM
Message:

Rented a place to a guy today who qualified with enough income but not a lot,i suggested the weekly pay plan to help him budget,he thought that was a great idea.Got a $1000 security and $255 per week rent which works out to about a 9.5% premium over the $1000 I advertised it for.Typically my tenants and probably most low income tenants don't save anything toward rent and wind up giving me the whole first weeks pay check on the first Friday plus some the following week or however they deal with it.This is a very nice option and while I get a premium it allows them to keep the majority of each paycheck so they aren't flat out broke for the entire first week of the month.I was skeptical when this idea was first presented here but totally buying into it now which helps sell it to those who will benefit from it. --72.231.xxx.xxx




Weekly rent (by BRAD 20,000 [IN]) Posted on: Mar 23, 2018 11:39 PM
Message:

Ken,

Glad to hear it finally clicked!

BRAD --68.51.xx.xxx




Weekly rent (by RB [MI]) Posted on: Mar 24, 2018 4:59 AM
Message:

He may have Flunked General Math. --47.35.xx.xx




Weekly rent (by GKARL [PA]) Posted on: Mar 24, 2018 7:01 AM
Message:

Ken, I think the weekly option is the only way to go. I'm thinking that I'm going to get to the point where that's the only option offered. --172.58.xxx.xx





Reply:
Subject: RE: Weekly rent
Your Name:
Your State:

Message:
Weekly rent
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from Mrlandlord.com every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: