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Updated about 2 years ago on . Most recent reply

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Sam Li
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21
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Rent to a relocation company?

Sam Li
Posted

Hi, I listed a new property purchased and got contacted by a relocation company about renting for 3-4 months and then continue it on a monthly basis. It’s a pretty big relocation company who works with insurance company to provide temp housing to families recently had flood/fire and needs time to repair their house.

The rent is a little bit higher than normal and payment won’t be a problem as the company will pay. After talking to the family, they look to be quite decent. I am looking for tenants now so if I donot have other tenants options right now, I would not lose anything by continuing to find tenants next week versus four months later(after they move out). I’ll get cleaning fee, etc anyway. So I am tempted to move forward.

Any suggestions?

Thanks

Sam

Most Popular Reply

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6,603
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
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6,603
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Sam Li I would go online and read reviews about whatever that company is. Some are good others not so much. Lots of horror stories out there, LL not getting paid etc. Check them out before you go ahead.

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