Renting to sp

[Shepard]

Any one have experience with this? I have a empty condo in yaletown 1 bedroom has anyone rented to a service provider before?
I did have it rented to a girl that was on fans only (not knowing)but broke the lease as soon as her sugar daddy found out she had a boyfriend and he stop paying haha! Didnt turn out so well for me ...

 

[g eazy]

I'm interested to hear the risk vs reward of renting it out to a provider vs a regular resident.

 

[take8easy]

Interesting topic. I have a property or two around town and I have always pondered renting them out to SP’s. I bet it has something to do with "Tenant offers blow job instead of rent", fantasies on Pornhub.

I try to get more info from girls when I see them but many a time they are just using the incall on need basis so they aren’t able to help really. I would like to know how much do these places go for rent wise.

 

[80watts]

The problem with renting condos out is your condo board and the shitheads on them. If they see increased traffic, you'll get complaints from the other owners...

Also the sugar daddy is responisible for the lease, you should of took him to court. That is simple contract law. His circumstances shouldn't make a hole in your finanaces...

The biggest thing is subletting... Rent for 1000.00 and the renter gets 2 sp to pay 700.00/month for use (split time between the 2 sps).

 

[Newb808]

I don’t own rental property, but I wouldn’t want to knowingly rent to someone engaging in criminal activity. Not as a judgement but rather to avoid liability and for insurance purposes.

 

[Asian Fever]

The rental fees are about on-par with air b&b, or even less. If you aren't in the business, probably not worth it. If you are thinking that because its an SP you will get highly inflated rates, you are wrong.

 

[Asian Fever]

I don’t own rental property, but I wouldn’t want to knowingly rent to someone engaging in criminal activity. Not as a judgement but rather to avoid liability and for insurance purposes.

It's not criminal, that is some bullshit. Lots of property managers are cool with it if you just tip them in cash or service.

Unfortunately working girls are often targeted. Some property managers will disable your key fob with no notice and lock you out of the building. Totally illegal, but unless the SP wants to file a complaint with their real name on the record.. they take advantage. Careful consideration needs to be taken when choosing a location, from the unit position, which way the door faces and distance to neighbors, the property manager, etc. It's not simple at all and not all locations are suitable.

 

[Shepard]

The rental fees are about on-par with air b&b, or even less. If you aren't in the business, probably not worth it. If you are thinking that because its an SP you will get highly inflated rates, you are wrong.

I have no problem renting the unit but i cannot rent on airbnb or short term is 4 months location is yaletown .

 

[blakealridge]

I can safely say that SPs can be awesome or terrible tenants. It's just another job. Obviously there are some other risks associated with it like having more guests than usual, but at least you know they're always going to be able to pay rent, and most likely keep the place spotless because they're running a business there. If I was a landlord I would rather rent to an SP than people in many other professions. Even when I was in active addiction and not screening as thoroughly, I was a good tenant. Kept the place clean enough that there wasn't any damage, ALWAYS paid rent on time. I even maintained the garden.

Fuck, it would be so nice to rent from a landlord who knows what I do.

 

[johnnydepth]

I don’t own rental property, but I wouldn’t want to knowingly rent to someone engaging in criminal activity. Not as a judgement but rather to avoid liability and for insurance purposes.

Technically they aren't engaging in criminal activity, but the clients are another story. The only problem I see is they are running a business out of a residential property. In Winnipeg that can be allowed but it has to be registered. Here if something happens (like a fire for example) and the owner gets caught renting to someone with an unregistered business say goodbye to your insurance claim. Only recourse is for the owner to sue the tenant. As for other provinces, I have no idea what they do.

 

[cruefan]

I wonder how often do the landlords expect free service from the providers because they feel they are doing these ladies a favor by renting them an incall.

 

[blakealridge]

For me this was one of the requirements: no “trades” so to speak. When we were discussing the requirements, I didn’t ask and they didn’t offer. I pointed this out after the lease was agreed and told them I appreciated it, as did they. Having sex with tenants, regardless of wether they were SPs or not, is not something I personally prescribe to. Places too much ambiguity in the agreement terms and shifts the balance.

Im sure there are several instances of trading services, and I’ll bet a lot of property mgrs demand it to keep info secret. I can’t imagine any of them ending up positive for either party in the end.

Good on you for not trying this. Sounds like you’re a good landlord. The power imbalance when a landlord sleeps with a tenant is gross IMO. I’d never feel safe being involved with my landlord in any capacity...even though he’s a fucking hottie ?

 

[bjl85]

Good on you for not trying this. Sounds like you’re a good landlord. The power imbalance when a landlord sleeps with a tenant is gross IMO. I’d never feel safe being involved with my landlord in any capacity...even though he’s a fucking hottie ?

I'm a landlord myself, and I've thought about a landlord-tenant roleplay, but it feels totally wrong and slumlord-like. >.>

 

[blakealridge]

I'm a landlord myself, and I've thought about a landlord-tenant roleplay, but it feels totally wrong and slumlord-like. >.>

It sounds like one of those things that’s no good for real but hot to roleplay to me ???

 

[grizzly]

Any one have experience with this? I have a empty condo in yaletown 1 bedroom has anyone rented to a service provider before?
I did have it rented to a girl that was on fans only (not knowing)but broke the lease as soon as her sugar daddy found out she had a boyfriend and he stop paying haha! Didnt turn out so well for me ...

I personally haven't rented (knowingly) to a sw. I have visited sw'rs in rental situations. Some actually live in the space, some only use it for business. Some are clean and contentious, some are not. If I did rent knowingly to a sw'r, it would have to be a lady I trust.

 

[westwoody]

Technically they aren't engaging in criminal activity, but the clients are another story

I had an sw renter whose hubby - unknown to me at the time- was a criminal.
It almost ruined me, lost my rental property and all my money in court.
Don’t do it unless you know everything about her. AND everything about the people she associated with.

 

[johnnydepth]

I had an sw renter whose hubby - unknown to me at the time- was a criminal.
It almost ruined me, lost my rental property and all my money in court.
Don’t do it unless you know everything about her. AND everything about the people she associated with.

O.K. but in all fariness this was the husband, not her. You roll the dice anytime you rent to anyone. Nothing is for certain.

 

[grizzly]

O.K. but in all fariness this was the husband, not her. You roll the dice anytime you rent to anyone. Nothing is for certain.

This is true, like I said I've visited various ladies in rental situations and there are a couple that I would never rent to just based on their character, which is also true with run of the mill renters that I have denied because of character and not so desirable references. To specifically rent to a known sw'r, In my opinion, she should be treated just like any other potential tenant. Credit check and references should be considered. It should be a business transaction and not a barter transaction. Like has been said on this forum before, think with the big head.

 

[Ray]

I had a rental property I was renting to an SP. Didn't know she was at the time, she had a day job which provided excellent references.
After we discovered her identity, we came to an agreement that she was not going to bring her work home. She didn't anyways. What she did was her own business, as long as the rent wasn't late.
She was an excellent tenant. Wanted to keep a very low profile at home, not get identified by her neighbours. Kept the house immaculate.

 

[Big_Guy_Rye]

I'd put "Landlord/Tenant" porn fantasies up there with "Gloryholes"..... it's most likely not going to go the way you think it will.

Nevermind the inherent risks that happen regardless of who you rent to; multiply that risk with the fact she's an SP. You're basically doing away with all discretion if you partake in her services. And keep in mind, assuming if you are THE property owner (and in Vancouver, of all places) you're already pegged as a millionaire, which would make you a mark if the said provider has 'questionable ethics'.

And even if both of you are on the up and up, and you avail her services outside the rental agreement, you'll still be opening a part of your personal life to her, which could lead to awkward situations of asking for one too many favors....and if she does have questionable ethics, her problems could easily become your problems. You'd be force to sell the property to cover the legal bills it would cost to prove your innocence when she cries you exploited her because she a provider who couldn't cover the rent.

Your best bet would be to hire someone from a property management firm, that would help collect the rent and create that buffer between you and the renter.