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Updated almost 11 years ago on . Most recent reply
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Company Paying for Tenant's Rent: Who to Credit Check?
Hello BP! I have an apartment for rent, and I've been contacted by a company who wants to rent it for a nurse that will have a 3 month position at a local hospital. The apartment will be furnished, and the tenant would leave after a few months.
I have a few questions. Who do I credit check? I'd be doing a background check on the tenant, but if her credit is poor, does it matter, if she's not paying rent?
Who is on the lease? Both the company and tenant?
I'm waiting for an email back from the company, as I'm not sure which entity will be paying rent. I'd also like to meet any tenants in person before moving in here, and I'm not sure if she's in the area yet.
Have any of you encountered this situation? Of course you have, this is Bigger Pockets! Thanks for any help!