good afternoon. I would be happy for a consultation. I have a 4-room apartment in Kiryat Motzkin. I read…

I would love to recommend a creative architect to transform 2 rooms into a housing unit in Pardes Hana

good afternoon.
I would be happy to consult.

I have an 4 room apartment in Kiryat Motzkin.
I'm in the process of finding a tenant.
I asked the tenant as part of the terms of the bank guarantee for a total of two months rent (NIS x NIS) after asking for NN NXX for months and it was difficult.
My question is this a legitimate request?
He still insists on doing without it.
what would you do ?

I'd love to get some advice from you.
Shhiimi Ohana

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Responses

  1. My wife and I rent in Motzkin, and move to Bialik. We went to see a few apartments before we closed, and except for one apartment no landlord asked for a bank guarantee. In fact, the landlord talked to us on the phone and face to face, and did not even ask to see coupons - even though I brought.

    The landlord, who asked, also presented a demand for 2 evenings, which is an immediate disqualification for me. I did not ask and I will not ask people to sign a guarantee for me, nor will I sign a guarantee for anyone - that is a stupid thing to me.

    I also tend not to accept the bank guarantee unless the owner of the apartment finances the costs involved in producing the security. There is no reason for me to train the safest, certainly not in the market that there are scams.

    We are also exceptions, we run a detailed budget that includes a record of all income and expense, and we are not in the minus. We know every month in advance for every shekel to which category it belongs, so our condo owner has not been late even once in 5 years.

    It may be worth interviewing the tenant about his financial conduct, how he is tracking, his status of liabilities and his available cash flow. If he is currently renting, ask to speak with the current owner.

    Successfully!

  2. Banking dough, the same thing is only faster and much cheaper in commissions costing about 15 and never expires,
    A bank check is like cash at the end of the rental period it must be returned to the check holder so he can go to the bank to cancel it and then his money will be returned to the account

  3. Collateral is a matter of negotiation with the tenant. For you, a bank guarantee is the safest but tenants have a hard time moving it, and most apartments (probably in the Krayot) are rented without a bank guarantee.
    Try as Gil says a promissory note with at least two guarantors and you may be able to get a one-month bank guarantee. It is possible to make checks on the tenant and his financial situation. Anyway, I would not have blown the agreement on it.