Timeline for What is the name of the type of real estate fraud/scheme I'm describing?
Current License: CC BY-SA 4.0
11 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Dec 13, 2021 at 19:56 | comment | added | ohwilleke | This doesn't sound like fraud to me. Sharp business practices yes, but generally not illegal and not necessarily deceptive. The word that comes to mind is "gentrification" but I don't think that is what you are looking for. | |
| Dec 13, 2021 at 19:07 | history | bumped | CommunityBot | This question has answers that may be good or bad; the system has marked it active so that they can be reviewed. | |
| Nov 13, 2021 at 17:25 | answer | added | David Siegel | timeline score: 1 | |
| Nov 13, 2021 at 15:13 | answer | added | o.m. | timeline score: 0 | |
| Nov 13, 2021 at 14:29 | comment | added | Justin Sewell | Responding to @Nji, it was me waking up this morning to realize that maybe this scheme doesn't make much logical sense in that regard and perhaps I should reconsider what the scheme is entirely. | |
| Nov 13, 2021 at 14:20 | comment | added | Ron Beyer | @Trish It's not uncommon for a lease for new businesses to have an escalation clause to allow the business to build cash flow. This may mean "free" rent for the first 2-3 months then catch-up on the remaining months. | |
| Nov 13, 2021 at 9:56 | comment | added | Trish | The question is when is this? because modern leases by default have a default runtime before you can adjust rates at all | |
| Nov 13, 2021 at 7:31 | comment | added | user4657 | Why would the RE agent lease out the property at all, if their purpose is to gain control of it, surely they could just skip the "rent out to small business" and "wait several months" and "force small business to close" steps? | |
| Nov 13, 2021 at 7:30 | history | edited | user4657 | CC BY-SA 4.0 |
Removed irrelevant meta commentary.
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| S Nov 13, 2021 at 5:45 | review | First questions | |||
| Nov 13, 2021 at 8:51 | |||||
| S Nov 13, 2021 at 5:45 | history | asked | Justin Sewell | CC BY-SA 4.0 |