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another possibility to make a little money in Colombia that people haven´t really touched on

If you own any property outright without any problems (such as legal, tax, mortgage) in one of the major cities like Bogota, Cali, Medellin, Cartagena, Barranquilla, and can prove some income (even via a fake certification letter), you should be accepted as a co-deudeor on a lease and you could charge say $50000-$100000/mo. plus whatever other terms such as a couple months up front and fax/email a copy of the cancelled rent/utilities facturas monthly so you wont get stiffed. Remember you dont put up your house. That´s a myth. I really haven´t heard of any foreigners running out on a lease down here. Many would offer to pay 6 months up front but they get declined by rental agencies because it´s the owning property thing always trips them up. I know a few PBH´ers that own property outright. Is it worth your time to make maybe an extra millon a month if you co-signed for 10 gringo/euro/aussie renters?

By spigrimace on Mar 17, 2008, 15:22 in Friendly Talkzone.

bhill says on Mar 17, 2008, 15:52:

I think I'd hesitate to take that risk with anyone I did not know personally for a very long time.

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durito says on Mar 17, 2008, 16:15:

What are the legal ramifications if someone you co-sign for skips out on their lease?

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spigrimace says on Mar 17, 2008, 16:26:

you are on on the hook thus why you need to include terms in your favor.

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sloopskipper says on Mar 17, 2008, 16:34:

That all seems like a giant leap of faith.

Check please!

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goin_south says on Mar 17, 2008, 17:45:

you could make money in Bogota, still... selling umbrellas... but... problem would be:
TOO MUCH WORK!
jej

Where do we go from here?

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Atrevido says on Mar 17, 2008, 18:41:

Sounds like a good idea but I´d want their liver in escrow.

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yummyj says on Mar 18, 2008, 06:49:

Word to the wise. I would not trust the likes of the freaks, losers and whiners (renters) that rented my place. Never doing it again.

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azunoman says on Mar 18, 2008, 07:52:

it's the 18th and I still haven't received the rent...what a mess it is in the US right now

how about opening an oxygen/coffee bar in Medellin

Ready, Fire, Aim

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goin_south says on Mar 18, 2008, 22:23:

If you just do the oxygen part... (maybe with coffee flavor?!)... you can probably put Juan Valdez....out of his caffeinated misery.... jejjje!

Where do we go from here?

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azunoman says on Mar 19, 2008, 09:27:

I saw one day on the news that Tokyo had flavored oxygen. If you could get some caffeine in the oxygen it would probably be a big hit there.

Ready, Fire, Aim

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Robert Jorge says on Mar 19, 2008, 13:10:

The Circle Ks here in NW Florida sell flavored, bottled oxygen. What a waste of $5.00! It might be worth $5.00 to throw in a fire and watch what happens.

BEWARE of gold diggers.

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goin_south says on Mar 19, 2008, 22:26:

azunoman...I don't believe you have to go all the way to Tokyo to find flavored oxygen... I think it can be had right down the road, in Abbeville.... jajj.. what flavor would you like?

Where do we go from here?

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robi666 says on Mar 19, 2008, 22:27:

pato flavor?

"I am a citizen of the most beautiful nation on earth. A nation whose laws are harsh yet simple, a nation that never cheats, which is immense and without borders, where life is lived in the present."

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goin_south says on Mar 19, 2008, 23:05:

roasted duck oxygen in a stew flavor?
hummm.
un friquasee?

Where do we go from here?

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poco says on Mar 19, 2008, 23:19:

Quote: What are the legal ramifications if someone you co-sign for skips out on their lease?

Forget the legal ramifications,, you pay what ever is required on the lease or someone might kill you, if they can find you.

Everyone has great credit where I live.

Anyway, not a bad idea but WAY TO RISKY.

"When you men get home and face an anti-war protester, look him in the eyes and shake his hand. Then, wink at his girlfriend, because she knows she's dating a pussy." Quote - General Tommy Franks

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