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Updated almost 9 years ago on . Most recent reply

User Stats

130
Posts
16
Votes
Nick M.
  • Rental Property Investor
  • NY
16
Votes |
130
Posts

Should I rent to a corporation?

Nick M.
  • Rental Property Investor
  • NY
Posted

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!

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