Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

49
Posts
2
Votes
Jacob A.
  • Grand Prairie, TX
2
Votes |
49
Posts

Tips on leasing to a company

Jacob A.
  • Grand Prairie, TX
Posted

I might be getting into a lease with an LLC owned by two individuals. This is the first time I would be doing a lease with any kind of business and wondering if anyone has experiences on doing such a lease. What are some clauses I could put in the lease to ensure I can sue the owners directly for non-payment of rent rather than the business? How do I keep verifying the mailing address of the owners in the event I need to serve them an eviction notice? They intend to house their staff, but when not occupied will be letting it out through AirBnb.

Anything to keep in mind?

Most Popular Reply

User Stats

6,603
Posts
6,948
Votes
Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
Votes |
6,603
Posts
Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Jacob A. I am sure there are legitimate operators wanting to do this but most of the time they have little or no money and so they try to use yours. Check them out at least as thoroughly as you would any other tenant and bear in mind that this is way riskier than renting to a tenant who is making your property their home. Suing people or companies is no picnic whether you win or lose, and just because you win does not mean you will ever see a nickel. 

Loading replies...