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Updated about 9 years ago, 10/06/2015

User Stats

36
Posts
9
Votes
Nina Sylvains
  • Real Estate Investor
  • Oakland, CA
9
Votes |
36
Posts

Company paying for Tenant's rent

Nina Sylvains
  • Real Estate Investor
  • Oakland, CA
Posted

Hello BP! I have a house for rent, and I've been contacted by a company who wants to rent it for a an employee. The tenant would be moving to area permanently (or for the rest of their employment with the company). They might also have other employees stay at the place while they transition.  

I have a few questions. Who do I credit check? I was thinking to rent directly to the company (have the company sign the lease) so they could have which ever employee they wanted at the time to live their without having to screen a new tenant every time they transition. The employer will send the check directly to me so it will never go through the tenant. 

Another question I have is what should some requirements be? For example for a regular tenant i have they must have a 650+ credit score, make 2x the rent etc. Should it be different if the company is signing the lease? Need help asap as they are wanting to make moves into the house soon. 

Thanks BP for your help! I look forward to your responses!

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