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Three instructors, one cup
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Captain Courageous



Joined: 16 Jul 2006
Location: Bundang and loving it

PostPosted: Thu Sep 10, 2009 7:47 pm    Post subject: Three instructors, one cup Reply with quote

Myself and two friends (that makes three), all of whom are well-qualified (they have teaching certs and a year of experience, I have an MA and two years of experience) are lookin' to return to Korea (in Ilsan, specifically) this December. But, of course, there's a hitch.

We'd like to work together, obviously, but three instructors added to one school at one time is a bit of a longshot, wouldn't you say?

Obviously, there's a good chance we'd have to settle for separate schools in the same area. Oh, but there's a hitch. We'd like to get a key deposit/housing allowance, combine it, and rent a decent 2-3BR apartment instead of a few craphole apartments we can't turn around in.

Is it possible (or legal, or whatever) to combine key deposits from more than one institute? Sounds sketchy at best.

Any help would be appreciated, as would job leads at decent hagwons in the Ilsan area. As would any information at all, really.
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djsmnc



Joined: 20 Jan 2003
Location: Dave's ESL Cafe

PostPosted: Fri Sep 11, 2009 1:54 am    Post subject: Reply with quote

Why not just start a hip hop group?
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cruisemonkey



Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.

PostPosted: Fri Sep 11, 2009 2:09 am    Post subject: Re: Three instructors, one cup Reply with quote

Captain Courageous wrote:
Myself and two friends (that makes three)...

...rent a decent 2-3BR apartment...

...Sounds sketchy at best.

Two bedrooms?... No... it sounds 'gay' (not that there's anything wrong with that). Laughing
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T-dot



Joined: 16 May 2004
Location: bundang

PostPosted: Fri Sep 11, 2009 4:43 am    Post subject: Reply with quote

Possibly? Yes
Easy? No
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Captain Courageous



Joined: 16 Jul 2006
Location: Bundang and loving it

PostPosted: Fri Sep 11, 2009 6:31 am    Post subject: Reply with quote

Quote:
Two bedrooms?... No... it sounds 'gay' (not that there's anything wrong with that). Laughing


They're a married couple, I'm a single guy. Geez.
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lifeinkorea



Joined: 24 Jan 2009
Location: somewhere in China

PostPosted: Fri Sep 11, 2009 6:46 am    Post subject: Reply with quote

You should try to get a bigger apartment with 2 rooms with ONLY one of them if that is cheaper than a single (which I assume is, but you never know in Koreaville). Then, the other person (NOT YOU) finds a job after you and the first friend gets a school.

Then, that third person collects a housing allowance. Split it up 3 ways. If one of them bails on a school, they will have the option to get another place, but you should still have a place. If you let yourself be the third person, then what happens if they want to kick you out? The school may not want to find you an apartment 6 months into the contract.

Protect yourself first.
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Captain Courageous



Joined: 16 Jul 2006
Location: Bundang and loving it

PostPosted: Fri Sep 11, 2009 6:57 am    Post subject: Reply with quote

I'm not worried about them being jerks, welching on a contract, or screwing me or anyone else over.
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isthisreally



Joined: 01 Sep 2007

PostPosted: Fri Sep 11, 2009 7:06 am    Post subject: Reply with quote

Sounds complicated the schools would have to maybe both sign the contract to the apartment. Ask the schools about it. And we're assuming everyone starts their contract at the exact same time etc.
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tenchu77491



Joined: 16 Mar 2009

PostPosted: Fri Sep 11, 2009 7:10 am    Post subject: Reply with quote

Captain Courageous wrote:
I'm not worried about them being jerks, welching on a contract, or screwing me or anyone else over.


Yea? and what happens if one or two of them gets fired, deported or something else?

I think the best bet is finding the apartment yourselves and taking the housing allowance from the school as a nice salary boost.

It's not too difficult to find an apartment in Korea. Then just split the key money 3 ways with your friends.
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Captain Courageous



Joined: 16 Jul 2006
Location: Bundang and loving it

PostPosted: Fri Sep 11, 2009 7:16 am    Post subject: Reply with quote

I think you assume we have enough for a decent key deposit in the bank. I assure you we don't.
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tenchu77491



Joined: 16 Mar 2009

PostPosted: Fri Sep 11, 2009 7:19 am    Post subject: Reply with quote

Captain Courageous wrote:
I think you assume we have enough for a decent key deposit in the bank. I assure you we don't.


They appear to run between 2 and 8 million won, am I wrong? 3 people can't come up with this? Or even one person and the rest of you repay your portion as you work together?

I was a fresh university graduate last year and completely broke myself. <-- I am assuming you're not a fresh graduate and them too.
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Captain Courageous



Joined: 16 Jul 2006
Location: Bundang and loving it

PostPosted: Fri Sep 11, 2009 7:28 am    Post subject: Reply with quote

Spent two years in Korea, and spent all my hard-earned cash paying back what it cost for me to get an education (department lost funding and axed a chunk of graduate assistantships, including mine). Still have a ways to go.

They did essentially the same thing.
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isthisreally



Joined: 01 Sep 2007

PostPosted: Fri Sep 11, 2009 7:32 am    Post subject: Reply with quote

Key money can range drastically. When I was looking at one rooms the standard requirement was 5,000,000-10,000,000 won. My Korean friend paid like 55,000,000 to get a 2 bedroom apartment rent free, but this is in a really cheap area. But basically the more you pay the less rent you pay. I also think, but am not sure that the higher the minimum requirement the better the place.
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tenchu77491



Joined: 16 Mar 2009

PostPosted: Fri Sep 11, 2009 7:35 am    Post subject: Reply with quote

From what I heard from my Korean girlfriend is that there are two kinds of deposits.

A deposit where you get the deposit back at the end of the year (2~8 million deposit)

Another type of deposit where you get the deposit plus all the rent you paid for the year returned. (20-80 million deposit)

The second type may be rent free as well? Or that added deposit money is the total rent for the year? I wasn't aware of that. I am by no means an expert about this so it's interesting.
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bassexpander



Joined: 13 Sep 2007
Location: Someplace you'd rather be.

PostPosted: Fri Sep 11, 2009 5:55 pm    Post subject: Reply with quote

Here I thought you were expected to share the same cup for pee tests....
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