Go Back   AnandTech Forums > Social > Off Topic

Forums
· Hardware and Technology
· CPUs and Overclocking
· Motherboards
· Video Cards and Graphics
· Memory and Storage
· Power Supplies
· Cases & Cooling
· SFF, Notebooks, Pre-Built/Barebones PCs
· Networking
· Peripherals
· General Hardware
· Highly Technical
· Computer Help
· Home Theater PCs
· Consumer Electronics
· Digital and Video Cameras
· Mobile Devices & Gadgets
· Audio/Video & Home Theater
· Software
· Software for Windows
· All Things Apple
· *nix Software
· Operating Systems
· Programming
· PC Gaming
· Console Gaming
· Distributed Computing
· Security
· Social
· Off Topic
· Politics and News
· Discussion Club
· Love and Relationships
· The Garage
· Health and Fitness
· Merchandise and Shopping
· For Sale/Trade
· Hot Deals with Free Stuff/Contests
· Black Friday 2013
· Forum Issues
· Technical Forum Issues
· Personal Forum Issues
· Suggestion Box
· Moderator Resources
· Moderator Discussions
   

Reply
 
Thread Tools
Old 07-06-2010, 04:54 PM   #1
freedomsbeat212
Lifer
 
Join Date: Mar 2003
Posts: 11,120
Default Possible tenant wants to pay 6 months of rent in advance..

Have a vacant apartment in Brooklyn that I've listed for $1700 - a fair price for a 2 bedroom duplex. An early 20-year-old (one student/pt worker one full time worker) and her friend came to see the place and loved it and took an application to fill out - they wanted to put a deposit on it but I suggested that we wait until credit approval comes in.

Anyways, that's all normal. What's odd is that the working individual asked if she could pay six months in advance, if approved. I asked her why and she said that she has the money saved up and that it would be easier on her to get it out of the way while she has the money.

I'm getting a big red flag - should I be concerned? Of course the usual credit/background/eviction check will take place but should I be concerned if her report comes out positive? My immediate thought was "funds acquired through possibly illegal ways!"

Last edited by freedomsbeat212; 07-06-2010 at 09:55 PM.
freedomsbeat212 is offline   Reply With Quote
Old 07-06-2010, 04:56 PM   #2
preslove
Lifer
 
preslove's Avatar
 
Join Date: Sep 2003
Posts: 15,786
Default

Ask her how much she charges for an all-the-way escort session.
__________________
Quote:
Originally posted by: binister
i find preslove guilty of being awesome
What is jesus's middle name?
Quote:
Originally Posted by Ns1 View Post
...I was in it for the mutton kebabs but found myself eating penis. It happens.
preslove is offline   Reply With Quote
Old 07-06-2010, 04:56 PM   #3
krylon
Diamond Member
 
krylon's Avatar
 
Join Date: Nov 2001
Location: There's no place like home
Posts: 3,914
Default

pics of potential tenants or shens
__________________
HeatWare
krylon is online now   Reply With Quote
Old 07-06-2010, 04:57 PM   #4
freedomsbeat212
Lifer
 
Join Date: Mar 2003
Posts: 11,120
Default

Quote:
Originally Posted by krylon View Post
pics of potential tenants or shens
who the fuck takes pictures of people seeing their rental unit.. CREEPY..

This isn't one of my ancient YAGTs, I've moved on
freedomsbeat212 is offline   Reply With Quote
Old 07-06-2010, 05:00 PM   #5
Soundmanred
Lifer
 
Join Date: Oct 2006
Location: Czelktik, Uzbenistaz
Posts: 10,648
Default

I've done this before. I had the money and got tired of having to drop it off or have the LL come over every month, so I gave him 7 months in advance. Which was good since it was around Xmas and he wanted to buy a car for his daughter.
Soundmanred is offline   Reply With Quote
Old 07-06-2010, 05:00 PM   #6
zCypher
Diamond Member
 
zCypher's Avatar
 
Join Date: Aug 2002
Location: Montréal, Québec
Posts: 5,564
Default

Quote:
Originally Posted by freedomsbeat212 View Post
who the fuck takes pictures of people seeing their rental unit.. CREEPY..

This isn't one of my ancient YAGTs, I've moved on
Come on, you should have seen that one coming

Honestly, this doesn't raise a red flag for me at all. The first time I moved out, with my GF at the time, 6 months of rent was paid in advance. Why should you have a problem with accepting that payment?
zCypher is offline   Reply With Quote
Old 07-06-2010, 05:01 PM   #7
TheVrolok
Lifer
 
Join Date: Dec 2000
Posts: 17,478
Default

In college I paid each year in advance, up front. Some people just don't feel like dealing with paying rent monthly if they have the cash on hand.
__________________
[3570k @ 4.0] [MSI Z77A-GD55] [16GB RAM] [EVGA GTX 670 FTW]
TheVrolok is online now   Reply With Quote
Old 07-06-2010, 05:02 PM   #8
Spikesoldier
Diamond Member
 
Spikesoldier's Avatar
 
Join Date: Oct 2001
Posts: 6,766
Default

if you dont suspect her of cooking up crack or meth in your kitchen, id say take the money and rent her out. maybe she has rich parents or a large student loan
__________________
i5 750 4000MHz (200x20)
MSI P55-GD65
Noctua NH-D14
(4) G.Skill RipjawsX 4GB PC3-12800 DIMM 9-9-9-24-1T
(4) 80GB X25-M G1 RAID0
Gigabyte Windforce HD7950 3GB 1200/1250
ASUS Xonar D1
Lite-On IHOS104-06 BDROM
PC Power & Cooling 750W Silencer (Black)
Lian-Li PC-E8L + Lian Li CR-25B
Yamakasi Q270LED
Logitech Illuminated Keyboard, Logitech G500, Puretrak Talent
Swans M200 Mkiii
Spikesoldier is offline   Reply With Quote
Old 07-06-2010, 05:06 PM   #9
kami333
Diamond Member
 
Join Date: Dec 2001
Posts: 5,110
Default

The tenant is taking all the risk by pre-paying. I've pre-paid 6months to 1 year in the past to get a discount, but I wouldn't want to risk it in this economic environment.

If she is cooking meth or something illegal you can still evict her (which you'd have to do anyways).
kami333 is offline   Reply With Quote
Old 07-06-2010, 05:07 PM   #10
Schadenfroh
Elite Member
 
Schadenfroh's Avatar
 
Join Date: Mar 2003
Location: Boston
Posts: 38,418
Default

I offered to pay an entire year in advanced for an apartment's lease to avoid dealing with certain income verification issues once, they denied it and then I denied the lease.
__________________
"how we live is so far removed from how we ought to live, that he who abandons what is done for what ought to be done, will rather bring about his own ruin than his preservation"
- Niccolò Machiavelli
Schadenfroh is offline   Reply With Quote
Old 07-06-2010, 05:07 PM   #11
EagleKeeper
Discussion Club Moderator
Elite Member
 
EagleKeeper's Avatar
 
Join Date: Oct 2000
Location: Bumps west of Denver
Posts: 42,600
Default

I have relocated and taken relo funds to purchase a lease for # months that I need up front. It can make it easier to get the lease vs someone else and you do not then have to worry about sending in payment each month. Also, sometimes that can get you a discount from the owner because they have the funds upfront for their use.
__________________
F15 Air Superiority Fighter - Never has one been lost in aerial combat (104 kills)
EagleKeeper is offline   Reply With Quote
Old 07-06-2010, 05:09 PM   #12
Modelworks
Lifer
 
Modelworks's Avatar
 
Join Date: Feb 2007
Location: North Carolina
Posts: 16,237
Default

If the lease is for 6 months then I see no problem. If it is 1 year then I don't know. The term "while she has the money" implies that I'm good for 6 months but month 7 I may not be able to pay.
Modelworks is offline   Reply With Quote
Old 07-06-2010, 05:10 PM   #13
Ms. DICKINSON
Golden Member
 
Ms. DICKINSON's Avatar
 
Join Date: May 2010
Posts: 1,213
Default

I'm smelling Nigerian scams coming. Thank me for remembering this: I was listening Marketplace on NPR station two weeks ago about this situation you're in. Here's an excerpt:

Harris:
Well, the fact is there are some really low-hanging kind of scams that are obvious scams.
Vigeland: The Nigerian banker.
Harris: The Nigerian banker, we've all heard of the Nigerian banker, but the fact is the way these scams work, the way they're packaged, can be much more sophisticated.
Vigeland: Can you give us an example of that?
Harris: This is from one of my readers. She had a house and she was letting out a room. She heard from a woman who said she was in London. She said, "Oh, I'm coming to school in Cleveland. This room sounds perfect for me." There was a lot of back-and-forth emails. And the girl sent a deposit check for the deposit and the first few months of rent. And shortly after that, the girl contacted her back and said, "My father has been in a terrible accident. I can't come to school anymore. I need that money back to help take care of him. Please keep the deposit. Please send me back my rent money." Well, what kind of human can hear a plea like that? And not do it?
Vigeland: Of course.
Harris: And lo and behold the check turned out to be fake. All of these scams have in common that you get a check and you're asked to deposit it. Any ordinary person thinks, when that money shows up in your bank account the check has cleared. That is not the case. What happens is, the bank is responsible to get you your money within a certain amount of time. Money for your checks you deposit. It meant, they're coming up against their deadlines so they're making that money available to you. When they find out that check is counterfeit, they take the money back out of your account.
Vigeland: What kind of time frame are we talking about then? I mean how long should you wait before finding out that that check actually did clear and was a valid check?
Harris: Wait three weeks, wait four weeks. Wait a month. Sit on it. You have to make sure that you're going to be OK at the end of this.
Vigeland: I understand that also this is not just a cautionary tale for individuals, but corporations can get caught up in these kinds of scams.
---
Listen to full show: MP3 (skip to this topic)
Full transcript of above conversation.
__________________
Bush - (n) low life vegetation
irc.freenode : windows

Last edited by Ms. DICKINSON; 07-06-2010 at 05:13 PM. Reason: moar highlighting
Ms. DICKINSON is offline   Reply With Quote
Old 07-06-2010, 05:13 PM   #14
krylon
Diamond Member
 
krylon's Avatar
 
Join Date: Nov 2001
Location: There's no place like home
Posts: 3,914
Default

Quote:
Originally Posted by freedomsbeat212 View Post
who the fuck takes pictures of people seeing their rental unit.. CREEPY..

This isn't one of my ancient YAGTs, I've moved on
weak

and shens
__________________
HeatWare
krylon is online now   Reply With Quote
Old 07-06-2010, 05:17 PM   #15
loki8481
Lifer
 
loki8481's Avatar
 
Join Date: Feb 2004
Location: Hudson County, NJ
Posts: 40,664
Default

what's the worst that happens?

you find out she's cooking meth 3 months down the line and you've got some extra money after you evict her.
__________________
Internet justice is swift and brutal, though not always applied equally or accurately. Still, the value of incinerating someone in a public forum should not be underestimated.
loki8481 is offline   Reply With Quote
Old 07-06-2010, 05:23 PM   #16
Krazy4Real
Lifer
 
Krazy4Real's Avatar
 
Join Date: Oct 2003
Location: Gilberts, IL
Posts: 11,298
Default

Overreacting yet again.
__________________
Gaming Rig: Phenom II X4 965 | Gigabyte GA-870A-UD3 | 16GB Mushkin DDR3 1333 | EVGA GTX 470 | Intel X25-M 120GB SSD | Dell U2410 24" | SeaSonic X650 Gold 650w | Lian-Li PC70 case
Ebay | Heat
キタ━━━━━━(゚∀゚)━━━━━━!!!!!
Krazy4Real is online now   Reply With Quote
Old 07-06-2010, 05:25 PM   #17
AndroidVageta
Banned
 
Join Date: Mar 2008
Location: Atlanta, GA
Posts: 2,424
Default

If anything OP...just to avoid fraudulent checks and what not...if she HAS the money request cash for the first 6 months...of course have it well documented and what not...

Other than that I dont find it odd at all. When I was living in Texas the house I was renting I paid all rent for the year lease up front to avoid having to deal with it.

Like I said, not suspicious but on something like this I would either take cash only or wait til the check 100% clears the bank. At that point you cant be held responsible if the money is stolen or whatever.
AndroidVageta is offline   Reply With Quote
Old 07-06-2010, 05:28 PM   #18
jtvang125
Diamond Member
 
Join Date: Nov 2004
Posts: 4,726
Default

Quote:
Originally Posted by Ms. DICKINSON View Post
I'm smelling Nigerian scams coming. Thank me for remembering this: I was listening Marketplace on NPR station two weeks ago about this situation you're in. Here's an excerpt:

Harris:
Well, the fact is there are some really low-hanging kind of scams that are obvious scams.
Vigeland: The Nigerian banker.
Harris: The Nigerian banker, we've all heard of the Nigerian banker, but the fact is the way these scams work, the way they're packaged, can be much more sophisticated.
Vigeland: Can you give us an example of that?
Harris: This is from one of my readers. She had a house and she was letting out a room. She heard from a woman who said she was in London. She said, "Oh, I'm coming to school in Cleveland. This room sounds perfect for me." There was a lot of back-and-forth emails. And the girl sent a deposit check for the deposit and the first few months of rent. And shortly after that, the girl contacted her back and said, "My father has been in a terrible accident. I can't come to school anymore. I need that money back to help take care of him. Please keep the deposit. Please send me back my rent money." Well, what kind of human can hear a plea like that? And not do it?
Vigeland: Of course.
Harris: And lo and behold the check turned out to be fake. All of these scams have in common that you get a check and you're asked to deposit it. Any ordinary person thinks, when that money shows up in your bank account the check has cleared. That is not the case. What happens is, the bank is responsible to get you your money within a certain amount of time. Money for your checks you deposit. It meant, they're coming up against their deadlines so they're making that money available to you. When they find out that check is counterfeit, they take the money back out of your account.
Vigeland: What kind of time frame are we talking about then? I mean how long should you wait before finding out that that check actually did clear and was a valid check?
Harris: Wait three weeks, wait four weeks. Wait a month. Sit on it. You have to make sure that you're going to be OK at the end of this.
Vigeland: I understand that also this is not just a cautionary tale for individuals, but corporations can get caught up in these kinds of scams.
---
Listen to full show: MP3 (skip to this topic)
Full transcript of above conversation.
The op mentioned they showed up personally to check out the place so I doubt it's those scams since they deal exclusively through email.
jtvang125 is offline   Reply With Quote
Old 07-06-2010, 05:29 PM   #19
sandorski
No Lifer
 
sandorski's Avatar
 
Join Date: Oct 1999
Location: coquitlam, bc
Posts: 57,215
Default

Red Flag? I'd be all, "Hell's YES!!!!!" maybe do a few "chaching!!!"s and other ridiculous shit.
__________________

FX 8320@4ghz||Zalman LQ310||AsusM5A99X EVO R2
||XFX 5870 1gb||16gb Corsair Vengeance DDR3||Seasonic M12 II 500watts||Zalman Z9 Plus||Asus MS238H

Science inspires us towards a better tomorrow, Fundamentalism wants us to die.
sandorski is online now   Reply With Quote
Old 07-06-2010, 05:34 PM   #20
Gooberlx2
Lifer
 
Gooberlx2's Avatar
 
Join Date: May 2001
Location: Denver, CO
Posts: 14,670
Default

Just ask for payment in the form of a certified check from their bank...or cash. Chances of Nigerian scammage are slim since you've already dealt with them face-to-face.

I've paid multiple months, on a short-term lease, up front for the same reason. I had it in the account at that moment and it was easier/better for me to just unload it and not worry about it later.

At my college town, pretty much all the slumlords required 4 months rent, plus deposit, plus postdated checks for the rest of the lease, all in advance....those assholes.

Last edited by Gooberlx2; 07-06-2010 at 05:40 PM.
Gooberlx2 is online now   Reply With Quote
Old 07-06-2010, 06:07 PM   #21
Uhtrinity
Platinum Member
 
Uhtrinity's Avatar
 
Join Date: Dec 2003
Posts: 2,076
Default

One of my tenants did this a few years ago. Sure beats trying to track down monthly rent checks. I would say that most of those doing this are either on student loans or other fixed incomes and may be afraid they might spend the money. She also be overly responsible, regardless you are good for 6 months.
Uhtrinity is online now   Reply With Quote
Old 07-06-2010, 06:21 PM   #22
classy
Lifer
 
classy's Avatar
 
Join Date: Oct 1999
Posts: 15,217
Default

Thats a little odd. I mean if she is responsible enough to save it, then you would think she would be responsible enough to pay on time monthly, even if the money is saved.
__________________
We are a Behemoth, a Juggernaut………………………
We are the Broad Street Bullies, the Monsters of the Midway, and the Purple People Eaters
We are the Beast, the Kingdom, and THE DYNASTY
We are Chelsea Clinton
2009 2010 2011 2012
classy is offline   Reply With Quote
Old 07-06-2010, 06:25 PM   #23
AndroidVageta
Banned
 
Join Date: Mar 2008
Location: Atlanta, GA
Posts: 2,424
Default

Quote:
Originally Posted by classy View Post
Thats a little odd. I mean if she is responsible enough to save it, then you would think she would be responsible enough to pay on time monthly, even if the money is saved.
No...no...not really. Have you read any of the other responses here?
AndroidVageta is offline   Reply With Quote
Old 07-06-2010, 06:35 PM   #24
adlep
Diamond Member
 
adlep's Avatar
 
Join Date: Mar 2001
Posts: 5,248
Default

Quote:
Originally Posted by freedomsbeat212 View Post
Have a vacant apartment in Brooklyn that I've listed for $1700 - a fair price for a 2 bedroom duplex. An early 20-year-old (one student/pt worked one full time worked) and her friend came to see the place and loved it and took an application to fill out - they wanted to put a deposit on it but I suggested that we wait until credit approval comes in.

Anyways, that's all normal. What's odd is that the working individual asked if she could pay six months in advance, if approved. I asked her why and she said that she has the money saved up and that it would be easier on her to get it out of the way while she has the money.

I'm getting a big red flag - should I be concerned? Of course the usual credit/background/eviction check will take place but should I be concerned if her report comes out positive? My immediate thought was "funds acquired through possibly illegal ways!"
Is she Russian?
If yes, marry her and play with her nice big titties for a while. She will dump you eventually though so use it as much as you can while you can.
__________________
Heat
adlep is offline   Reply With Quote
Old 07-06-2010, 06:38 PM   #25
blackangst1
Lifer
 
blackangst1's Avatar
 
Join Date: Feb 2005
Posts: 14,692
Default

I dont think its a red flag in and of itself.
__________________
The Fall Of The Republic. Thanks, government and banking industry for intentionally screwing America.

“You don't make the poor richer by making the rich poorer." ~Winston Churchill
blackangst1 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:16 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.