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(Daily Mail)   Want to live in a HUGE mansion for next to nothing in rent? If so, you may want to consider becoming a "human prop"   (dailymail.co.uk) divider line 59
    More: Interesting  
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12057 clicks; posted to Main » on 11 Jul 2014 at 11:58 PM (36 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-07-11 11:18:28 PM  
This doesn't strike me as a overwhelming good deal. They have no privacy.
 
2014-07-12 12:01:51 AM  
Seems to be similar to what Michael Moore showcased in Roger & Me, except now their privacy is gone. Must be great to be a rich marketing rep to think of things like this to be able to take advantage of desperate people.
 
2014-07-12 12:01:54 AM  
I'm probably the only one who read that as "human poop".
 
2014-07-12 12:02:40 AM  
[spinningpenis.gif]
 
2014-07-12 12:04:20 AM  
WHAR "FLORIDA" TAG??
 
2014-07-12 12:05:10 AM  
A better way to live in a mansion is to squat. People who own mansions don't live in them full time because they own several.
 
2014-07-12 12:07:09 AM  
So the couple that was once doing well as real estate investors, lost their jobs, and basically got paid a pittance to act as maids for a mansion 24/7.

Well that's hugely depressing, especially hearing they're now working at McDonald's.
 
2014-07-12 12:07:27 AM  
People are still clinging to the "residential housing will make me rich" myth several years after the meltdown?

One thing I wonder about is how all these gypsum based houses will look in about twenty years.  You know, when the walls are falling apart and the roof needs replacing, and 30% of the mortgage is still yet to be paid.
 
2014-07-12 12:07:34 AM  
"...the couple - who both work at McDonald's now - and their three grown sons get to live under the roof of a $750,000 home....

They hope to one day own their own home again, but they aren't sure when that will be."


They both work at McDonald's, so I'm gunna say never.
 
2014-07-12 12:10:26 AM  
A few various thoughts:
1) 750K around there isn't HUGE enough to deserve all caps.  Nice, bUT not a HUGE MANSION
2)  considering they pay $1,200 plus bills for the larger houses, it's not like they'd be homeless otherwise
3)  is it sad I'm impressed they both work at McDonalds rather than just sit at home and complain?
 
2014-07-12 12:11:37 AM  

Torqueknot: "...the couple - who both work at McDonald's now - and their three grown sons get to live under the roof of a $750,000 home....

They hope to one day own their own home again, but they aren't sure when that will be."


They both work at McDonald's, so I'm gunna say never.



Two of the sons are on the new show Buying Naked, so I think the entire story is made up.

www.newstalkflorida.com
 
2014-07-12 12:12:36 AM  
Wow, so I can pay $1200/month to have my life micromanaged to hell and back? Sounds like fun... NOT!

/saw this elsewhere a couple of days ago
//not clicking on Daily Fail
 
2014-07-12 12:13:41 AM  
Human poop?
 
2014-07-12 12:16:10 AM  
img.fark.net
 
2014-07-12 12:16:48 AM  
prop=property
Slavery is illegal
 
2014-07-12 12:19:47 AM  

Omahawg: [img.fark.net image 305x165]


24.media.tumblr.com
 
2014-07-12 12:21:30 AM  
They were real estate investors and the best they can do is McDonald's?
 
2014-07-12 12:26:41 AM  

moothemagiccow: prop=property
Slavery is illegal


Not if you are filming certain filmography. Except that one time where the neighbors called the police.
 
2014-07-12 12:32:24 AM  
CruJones:

A few various thoughts:
...
3)  is it sad I'm impressed they both work at McDonalds rather than just sit at home and complain?



No.  Not at all.  I was impressed as well - if it's a true story (a big "if" being in Daily Fail). They sound a bit like my in-laws who are relatively successful small business owners and like to speculate a lot on investments, but if the chips are down (which has happened in the past), they'd do whatever (legal) job to make a buck.

I know they would have zero problems with picking up a mop or working a fryer to make a buck.

Not me though.  I know I'd end up sitting at home and biatching (and surf online all day on sites like this).
 
2014-07-12 12:33:26 AM  
I'm more of a human landmark
 
2014-07-12 12:34:01 AM  
Meh - I used Showhomes to sell my old house. Not a "mansion" by any stretch, and the live-ins definitely helped.

The service has been around for a while, and isn't Florida - specific.
 
2014-07-12 12:36:54 AM  

shintochick: They were real estate investors and the best they can do is McDonald's?


probably former McDonald's employees, who thought they could be millionaires flipping houses. Now they work at McDonald's again.
 
2014-07-12 12:41:35 AM  

SirEattonHogg: CruJones:

A few various thoughts:
...
3)  is it sad I'm impressed they both work at McDonalds rather than just sit at home and complain?


No.  Not at all.  I was impressed as well - if it's a true story (a big "if" being in Daily Fail). They sound a bit like my in-laws who are relatively successful small business owners and like to speculate a lot on investments, but if the chips are down (which has happened in the past), they'd do whatever (legal) job to make a buck.

I know they would have zero problems with picking up a mop or working a fryer to make a buck.

Not me though.  I know I'd end up sitting at home and biatching (and surf online all day on sites like this).


Well, at least McDonald's is better than... ..

/??
//hmm
///maybe not
 
2014-07-12 12:47:34 AM  

shintochick: They were real estate investors and the best they can do is McDonald's?


I'm guessing they were "real estate investors" aka they bought a house with the intention to flip it, the housing market crashed and they were left with a bunch of debt.

/Much like a maid is a cleaning technician
 
2014-07-12 12:49:40 AM  
My wife and I looked into a program like this.  One thing that really sucked is that they wanted to show houses as late as 8PM.  So you really couldn't make dinner in your kitchen, nor could you really have friends over until really late.

We also wondered how badly our furniture would get banged up after 20 or 30 moves.  Mail would have to go to a post office box, and there is no guarantee that your next home would be near the post office you picked.

The reduction in rent wasn't worth it.
 
2014-07-12 12:57:10 AM  
shiatty deal. The 'itinerant millionaires' as I call them around here live rent free. Most are young and have jobs that can be done anywhere with an internet connection.
 
2014-07-12 12:57:51 AM  

Hector Remarkable: I'm probably the only one who read that as "human poop".


Nope.

/only reason I clicked on the link
//I hate that.
 
2014-07-12 01:07:48 AM  
I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.
 
2014-07-12 01:08:07 AM  
Already doing that, submitter.  Although my actual role is to serve as a bad example for others to learn from.
 
2014-07-12 01:09:59 AM  
cdn.fearnet.com
 
2014-07-12 01:15:42 AM  
Two people working at a McDonald's in Florida are making enough to pay $1200 in rent plus utilities?
 
2014-07-12 02:09:59 AM  

The hopeless imp: Two people working at a McDonald's in Florida are making enough to pay $1200 in rent plus utilities?


That is the most ridiculous part of the story. The utilities have got to be high as well.
 
2014-07-12 02:27:04 AM  
Wait, they have to pay $1200 to live in that home? They are not paid $1200 to live as props?

Jeez, that is my mortage payment on my house. Granted, it is not worth 750k, but live within your means people. I cannot think of a single reason besides having to move every few months why I should pay rent.
 
2014-07-12 02:36:45 AM  

Delay: I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.




They are glorified security guards. The banks know that the house would be stripped clean if there was no one living in it.
 
2014-07-12 02:46:24 AM  
For $1200 bucks a month I might be willing to toss you a can of Schlitz as you walk in the door and warn you about the dog.
 
2014-07-12 02:46:34 AM  

TedCruz'sCrazyDad: Delay: I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.

They are glorified security guards. The banks know that the house would be stripped clean if there was no one living in it.


They should be getting paid to live there and help with the sale; maximum would be to hold tenets responsible for utilities only.
 
2014-07-12 02:49:33 AM  
Wait, they're PAYING $1200 a month for being treated like chattel?

God, that's pathetic.
 
2014-07-12 02:51:12 AM  

Delay: I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.


Or, for $1,200 per month, you could settle in your own $180K house, do whatever you please with the interior, have guests, and wash the dishes in a leisurely manner after dinner. There are plenty of houses in that price range to choose from, and some of them are for rent long-term. So unless the family is deriving some extra benefit from living in a fancy place, I don't see how this is really a bargain for them.

Moving every 3-5 months at a moment's notice sounds okay if you have another place lined up, and if you're getting some help with moving costs (which are what, $2,000 per move?), but more often than that would be odious. Besides, if you have to bring your own high-end furniture and (I assume) your cars shouldn't be junkers, this is pretty much limited to the formerly prosperous down on their luck, right? How did the deal work out for you? Does the bank reward you in some way for a job well done?
 
2014-07-12 03:06:36 AM  

Cyclometh: Wait, they're PAYING $1200 a month for being treated like chattel?

God, that's pathetic.


Yep. You rent from the bank's trust department.

It's not that bad if you know the game. It can be a good deal. You can rent a condo in a ski resort over the winter, as an example. You always need to pay your own internet, but the bank will sometimes provide furniture. Weird.
 
2014-07-12 03:08:34 AM  

E5bie: Delay: I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.

Or, for $1,200 per month, you could settle in your own $180K house, do whatever you please with the interior, have guests, and wash the dishes in a leisurely manner after dinner. There are plenty of houses in that price range to choose from, and some of them are for rent long-term. So unless the family is deriving some extra benefit from living in a fancy place, I don't see how this is really a bargain for them.

Moving every 3-5 months at a moment's notice sounds okay if you have another place lined up, and if you're getting some help with moving costs (which are what, $2,000 per move?), but more often than that would be odious. Besides, if you have to bring your own high-end furniture and (I assume) your cars shouldn't be junkers, this is pretty much limited to the formerly prosperous down on their luck, right? How did the deal work out for you? Does the bank reward you in some way for a job well done?


Vanity.
They can't admit they're one with THE POORS.
 
2014-07-12 03:08:39 AM  

E5bie: Or, for $1,200 per month, you could settle in your own $180K house, do whatever you please with the interior, have guests, and wash the dishes in a leisurely manner after dinner. There are plenty of houses in that price range to choose from, and some of them are for rent long-term. So unless the family is deriving some extra benefit from living in a fancy place, I don't see how this is really a bargain for them.


It really depends on the location.  There are plenty of places were entry-level homes start in the $400Ks.  $180K might buy you a one bedroom condo.  San Diego and Boston are significantly different than Dallas or Omaha.
 
2014-07-12 03:16:57 AM  

JoieD'Zen: Vanity.
They can't admit they're one with THE POORS


Ouch. I just read the Mail's linked article in the Tampa Bay Times. This family brought along a baby grand piano and some $10K bronze statues in their first move. Maybe falling from baby grand ownership to ordinary-house-sized means is better done with a little transition period in between. Smaller steps, if you will. I can only imagine the psychological relief upon stepping off that "keeping up appearances" treadmill. Or, who knows, maybe they'll become rich again, like one of the sons plans to do (though how, I wonder).
 
2014-07-12 03:19:04 AM  
Dinjiin:

It really depends on the location.  There are plenty of places were entry-level homes start in the $400Ks.  $180K might buy you a one bedroom condo.  San Diego and Boston are significantly different than Dallas or Omaha.

But they moved TO Florida FROM Missouri to do this thing...
 
2014-07-12 03:29:28 AM  

E5bie: Delay: I have done this. A couple of comments, these arrangements are quite common. First, $750k is not a mansion in many areas. The carrying cost of such a house if you were a buyer is roughly $4000 per month in mortgage, insurance and taxes, but if you are the lender, the cost drops to about $1000.

Second, suppose Quells Fargo holds a house on its sheets and needs to clear some title problems for 5 months. If the bank can rent it to me for $1,200 it makes a slight profit, at least not a loss. A renter helps maintain the property.

Most times you don't have access to the garage and are required to move immediately after the sale.

Or, for $1,200 per month, you could settle in your own $180K house, do whatever you please with the interior, have guests, and wash the dishes in a leisurely manner after dinner. There are plenty of houses in that price range to choose from, and some of them are for rent long-term. So unless the family is deriving some extra benefit from living in a fancy place, I don't see how this is really a bargain for them.

Moving every 3-5 months at a moment's notice sounds okay if you have another place lined up, and if you're getting some help with moving costs (which are what, $2,000 per move?), but more often than that would be odious. Besides, if you have to bring your own high-end furniture and (I assume) your cars shouldn't be junkers, this is pretty much limited to the formerly prosperous down on their luck, right? How did the deal work out for you? Does the bank reward you in some way for a job well done?


No the bank doesn't reward you in any way. It is simply a standard business deal. Although it seems to help if you are one of their customers.

I have no information about renting from a staging company, but the family in TFA appears to be getting a poor deal. I assume the usual restriction against using the garage is to avoid ugly cars.
 
2014-07-12 03:59:45 AM  
If they've got $1200 a month for rent, they could be making a payment on their own house. Yeah, the terms of the mortgage might suck and it wouldn't be a McMansion, but it beats being treated like furniture.

These people must have terrible credit, or have loads of debt hanging over their heads.
 
2014-07-12 04:05:53 AM  

Cthulhu_is_my_homeboy: These people must have terrible credit


Or maybe they are people who enjoy a change of scenery on a frequent basis, because it's fun.
 
2014-07-12 04:17:21 AM  

Hector Remarkable: I'm probably the only one who read that as "human poop".


Nope.
 
2014-07-12 05:14:46 AM  
Where is the free part?  They have to pay $1200 a month plus utilities and provide your own furniture.  For that amount of money you should be able to sh&t all over the place.
 
2014-07-12 06:26:52 AM  
Sounds like a bunch of idiots not willing to admit they are broke and want to cling to their old lifestyle by any means.
 
2014-07-12 06:39:30 AM  

DarkSoulNoHope: Seems to be similar to what Michael Moore showcased in Roger & Me, except now their privacy is gone. Must be great to be a rich marketing rep to think of things like this to be able to take advantage of desperate people.


It always comes to a  downside later, then the marketing rep is dead and then forced to give blowjobs to syphilitic demons in Hell for eternity.
 
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