General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Should I rent to a corporation?
Hi guys.
I have a duplex in NJ. One of the apartments, a 4 bedroom, is currently available. I have been approached by a company looking to rent it out on behalf of 4 employees. They want to sign the lease as a corporation. The owner is willing to sign a personal guarantee OR provide 6 months rent up front but not willing to run a credit check on himself. The company seems legit albeit involved in some worker safety issues (they are in the construction industry).
Would you consider them? If so, what clauses would you include in a lease? How would I evict the tenants if it came to that? As background the duplex is in a C, C+ area.
Thanks!