2023-02-09T20:38:48.000Z

My organization - regrettably - rents a couple dozen of apartments to this group on behalf of their clients who would traditionally have difficulty qualifying for an apartment on their own. The lease is in the name of Hot Perks where his client is listed as an occupant. As the leaseholder, Hot Perks assumes all lease obligations including the payment of rent. Our condition as the landlord be the occupants still pass a background/criminal check. This platform works so as along as the occupant pays Hot Perks and Hot Perks pays the apartment community. Unfortunately, Hot Perks is clearly struggling as an business, because they are now owe us back rent to the tune of nearly $70K. To make matters worse he has occupants who are presumably paying him rent, but he is not remitting that rent to us on our behalf. Clearly, we made a mistake renting to this dysfunctional company since we are now in the position of having to collect on all the bad debt. I strongly recommend steering clear of them and their owner, Mike. They appear to be very good at marketing and branding, but it is nothing more than smoke in mirrors.

2017-03-19T23:34:14.000Z