How to collect rent from tenants without owning a property | Township Economy

[@brainpower3221]

rich dad 😊😊😊😊, so wht do you do 1st, do you go to register the business ? or do you aproach the bank and see if you qualify? and what if you do not qualify? and what plartforms are you using to get ternants except for referalls? and tell me what are the accesories or elemnts can I put on a back yard than can make a ternant pays up to 2k?

[@bonniemanana8858]

And what kind of "contract" does one need if you build in some else's property. Maybe do a pros and cons video coz I'm worried if the landlord change their mind and how do I protect myself and my investment. Actually the last option seems less stressful with your parents rather than other landlords. Thanks for the relatable content.

[@LindokuhleMnisi]

I will indeed do a pros and cons video. This is already happening at a massive scale it's just that people are not doing videos about it. Research a company called INDLU. Watch their KZbin videos for some light. A contract must be enforced. A contract must stipulate the duration of the deal. After you have made your 200% profit, you leave the landlord to start collecting 100% rental income. If the landlord wants out of the deal, they pay you out of the deal. You don't do this strategy as a permanent deal, lest you want problems in the future.

[@bonniemanana8858]

@@LindokuhleMnisi you the best! Will do thanks.

[@Zesiphile805]

Wooow Dr Dream