FlyerTalk Forums - View Single Post - Employer Sponsored Mortgage??
View Single Post
Old Aug 20, 06, 12:04 am
  #1  
onefreetraveler
 
Join Date: Jul 2005
Location: BUR/LAX
Programs: SPG Platinum,Hilton Diamond,Hyatt Diamond,WN Companion Pass, AA Plat, Hertz Plat
Posts: 225
Employer Sponsored Mortgage??

On Friday, I found out that my employer will be changing my territory. I used to travel to many different cities throughout the US. Based on this new position, I will be required to spend approx. 10 nights per month in Atlanta.

So, based on this change, I'll still earn the FF miles and I can always continue my hotel programs. However, I may consider actually buying a home in the Atlanta area. This would not be my primary residence, but merely a place to live during my business trips to ATL.

Now, my employer pays for all my travel expenses and at $200 per night, the monthly hotel expense will be a minimum of $2000.

I wonder if I could convince them to reimburse me for a portion of my mortgage at a discounted rate of $100 per night. To me, it's a win-win situation. My company saves $100 per night or $1000 per month and I receive $1000 per month towards my mortgage in Atlanta.

Has anyone ever proposed a similar idea to their employer?

Does anyone currently have an agreement like this with the company that they work for?

Thanks
onefreetraveler is offline