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Malcal

  • Posts: 148
Rental Agreement
« on: July 13, 2007, 06:26:23 pm »
Hi All
Have a guy asked to rent some of my work, I,m not getting round in 4 weeks so why not. i need an agreement that is fair to us both. Anybody got one I can look at or borrow.
Regards Mal

Dave hook

  • Posts: 94
Re: Rental Agreement
« Reply #1 on: July 15, 2007, 09:36:20 am »
Ask him for 25%. If you rent him £400 you get £100 and he takes home £300.
Give him 3 weeks rent free a year, so he cant take his 2 week hol in summer and have a week free at xmas.
Also tell him he does his own collecting so you basically sit at home n get your rent every weekend.
Money makes my world go round!

Malcal

  • Posts: 148
Re: Rental Agreement
« Reply #2 on: July 28, 2007, 06:38:04 am »
Thanks Dave thats basically what we have agreed. I now need a shot agreement for us both to sign.
Regards Mal

matt

Re: Rental Agreement
« Reply #3 on: July 28, 2007, 09:48:37 am »
i used to rent some work out, and the guy is intetested again, i used to only charge £1 per house, didnt matter if the house was 7 or 15 quid, it was mainly 10 quid houses though

worked ok for ages, he then stopped, i did them again, but now he is interested in starting again

i guess im too cheap on the rent, but hey, we were both happy with it