Weekly rents


#1

Hi All!

The last couple of deals I’ve been trying to evaluate are all weekly rents.

What is the reasoning behind that?

To me, it seems scary, like they are such poor payers that you’ve gotta get it while you can.

Or maybe because they get an extra months rent out of the year?? Seems like a lot more work and

hassle!

Frank, are these kind of payers easily changed to monthly payers?

Thanks!

Sandy