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Updated over 8 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Timothy Peck
  • Real Estate Investor
  • Boiceville, NY
2
Votes |
6
Posts

Should I have my employee as a tenant?

Timothy Peck
  • Real Estate Investor
  • Boiceville, NY
Posted

I am a small business owner and real estate investor.  One of my properties will be vacant at the end of the month and one of my employees is looking to move out of her apartment at the same time.  Wondering if its a bad idea to mention that I have a place available to her.  Of course I know she has steady income but could get ugly if one of the areas in which I am involved with her goes bad (if she starts screwing up at work or is a bad tenant) then the other area is affected.  

Has anyone had experience with this?  Am I asking for trouble?

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