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Updated over 14 years ago on .

User Stats

23
Posts
6
Votes
Jason Yablinsky
  • Real Estate Investor
  • Irwin, PA
6
Votes |
23
Posts

Renting to a Corporation

Jason Yablinsky
  • Real Estate Investor
  • Irwin, PA
Posted

Hello,

I just purchased my first property and it happened to be right next to my employer; actually right across the street. I spoke with the Legal department and HR today to find out if they were willing to rent it. It was pretty funny... I went into the head of HR's office and there was an MLS listing for a property close to mine. They were interested in something close for out of state visits to the plant. I told her that property I purchased and they are interested. Has anyone has experience with this? How would I go about structuring a contract? Should I get a lawyer? I would love to lock them in for a few years. Also, if I were renting to an individual, I would put the utilities on them. If I rent to my employer, I will pick up the utilities costs and charge a higher rate. I'd like to hear your experiences with renting to companies vs. individuals.

Here is my place...

http://www.biggerpockets.com/photos/show/118271

Best,
Jason