I am on the lookout for business opportunities. One that I saw in an American mag involves buying payments that a people receive over time (e.g. monthly rent that a landlord receives) in exchange for a lump sum of cash. The profit to the investor would be the difference between what he pays for the stream of payments and what he/she receives from that stream.
Does anyone have any comments or ideas?
2006-09-29 13:23:41 · 2 answers · asked by thegodfather 2 in Business & Finance ➔ Small Business
kinda dodgy as if rent will the place be vacant at any point
will they actually pay (if they good payers why would they be passed onto someone else?)
a lot of work chasing people up
This seems to be a loophole in laws regarding debt collection
2006-09-29 13:57:42 · answer #1 · answered by John "Freddie" West 3 · 0⤊ 0⤋
no rent or payments coming in no payment for your half
2006-09-29 22:25:43 · answer #2 · answered by WILLIAM W 2 · 0⤊ 0⤋