Tier Amounts and leftover Tier

I have approx 9000sqm of land available to buy that I pay tier for.

The money side of the tier is not what the question is here, but i read sometime ago that people who had excess tier were able to rent their excess to other users somehow.

Now, I sort of understand the concept but don't quite know how this would work?

Would it only work on a trust basis, or do these people if it exists setup groups where the group holders have full access.

Before anyone suggest the group theory and the 10% I save, I have to much land to make any gain from that, perhaps that would give me another few thousand sqm of available tier.

You can donate your excess tier to a group if you wish.

u can join their group and rent out for ease

1000sqm for L$1000 with group donation

just needs to have a good agreement and pay infront so u don`t donate tier that ppl can use for almost a month and then kick u out, same as island

to rent tier, you join the group and dedicate the rented tier to the group. They get a 10% bonus too.

Of course, they have to trust you too. I rented tier from a guy in SL and he yanked the tier and kept my money.... this was 2 days ago.

The owners of the group do not have to give you any permissions in the group to accomplish this. They could even set up a "role" for this express purpose.

If you leave the group, I believe the donation is revoked.

The only way I can think of "renting" tier is by buying land and renting that land. You just can't allocate your tier to another avatar.

The can kick you out of the group, but your tier goes with YOU.

i wish there were a meeting place for this sort of thing. i have over 3000/m2 of spare tier i wish i could profit from.

So in a nutshell,

They have the group setup (So I don't have to pay everytime L$100)

They invite me to the group, (they pay me first for the tier advancement)

I then donate tier to the group.

and if they want they can kick me out the group then they lose the tier anyway and if I decide to leave cause they don't pay, then the tier goes with as well.

Hey, I have a couple thousand m2 of tier left. We should start a group to advertise this sort of service. It's not against TOS as far as I can tell.... Avatars with extra tier here, renters wanted... anyone?

Xplorer, the reason for my raising the question was perhaps I could help others out.

As you stated you lost your money 2 days ago, that is exactly what I want to avoid.

I personally won't buy or sell anymore land at the moment, but I have other commitments in SL that are taking longer than expected and so I have this 9000sqm or so for the last 6 months just waisting away.

Hence my reason for raising the question...

How many other people have excess tier?

If you do please just quote approximately, we do not need to know exact details.....

Or should I start another thread with a poll, with indicators, this could be somewhat interesting.

what would be really nice was if there was a means to use a trusted third party to hold $ in escrow. jon donates tier to jane, and bob holds the $ and doles it out each week. of course in a perfect world bob would be a script, an automated task of some nature or a collective of sorts.

I use alts to minimize excess tier.

I believe there is already an escrow service in world, but how do you know the person running the escrow service is ethical?

I don't personally see the need for an outside source to pay, I don't understand that unless your renting land from a Island owner and you are non premium.

Also, another question, if my group has the tier donated to it, do I have to take that tier from the group to redonate or can the group donate direct?

its a trust issue. do you feel ok giving me $ with only my word that i will actually donate tier to your group?
should i feel ok paying a weeks worth of your tier with only your word that you will pay me at the end of the week?

myself, id rather have a bot hold $ and track tier donations.
sure the third party bot could fleece me as well. but so could the hippotech guy, the apez guy, the slx guy, etc etc.

you cannot take tier from a group that you havent donated yourself. i donate 5000/m2 to your real estate holding group, then you 'buy for group' or do a vanilla buy and deed it to group.
avs donate to groups, and you cannot donate to an av. groups cannot donate. they can only receive donations.

I buy and sell small parcels with the extra. Over the course of a month, I can almost pay my tier that way.

Of course to do that you need to spend 40 hours a week glued to the keyboard searching, buying and listing land. But I did make US$10 this month. That's 25 cents an hour!

Nina the trust issue I will come to in a minute, firstly let me re phrase my last question.

I own a group, my tiers are all donated to that group, you come to me and say can I have 2048sqm of your tiers (forget monies at this point, I am just hypathetcially speaking)
I say okay, so here is the question, can my group donate tiers to your group, or do I personally have to withdraw those tiers and and then give them to your group...???? or your statement re Groups Cannot donate they can only recieve answer this question?

Next the trust issue, I fully agree with you on the money, as you say I will give you tier for xyz and a week later i withdraw, this is the problem with so called Barons that have ripped people off just for a few lousey Lindens.

I understand your thinking, and this is the major problem with SL is the trust factor, too many people have had bad experiences and have lost money.

So here's my thinking, I could not give a monkeys if I was not paid for my tier, why, because I am stuck with it and I have to pay it anyway and money as already mentioned in my first post is not an issue and more to the point I asked what could I do with it and was it a possibility!

Here's an example of trust, how many people in RL take Vacation, quite a lot most probably, like myself quite recently, and what did I do with my nearly half a region of protected waterfront, I cleared every prim off it for 2 weeks, spent my own money and advertised it for a safe and friendly Sandbox, and why, because I could not use it but I still had to pay the tier and didn't get a Linden for back doing it but hopefully it gave others the chance to do whatever they wanted.

So, if you yourself have had a bad problem or do not have any trust in people and can only trust a script, then think of the person who wrote the script!.
Because the script is only as good as the person who wrote it and with what ever intentions he/she wanted to apply to that script they could do exactly the same...as any AV in person would....

However, what I wanted to know was an answer to the questions I raised to enable me to understand how exactly oneself can take advantage of the group scenario.

Well done!!!

LOL

25 cents, you ain't got worry about submitting that on your tax returns