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Updated over 4 years ago on . Most recent reply

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Susan Sutherland
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42
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Rental Arbitrage - Lease question

Susan Sutherland
Posted

I have a duplex that is going to be rented and used for rental arbitrage... mid-term leasing to medical workers.

I just submitted the lease to the tenant and listed her as the individual tenant but altered to allow her "guests". She is requesting that I put her rental LLC as the tenant. Am I protected if I do this? She says it is a requirement for her insurance policy. I just want to make sure I am protected as a landlord.

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User Stats

42
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35
Votes
Susan Sutherland
35
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42
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Susan Sutherland
Replied

Thanks for your feedback.  We just had a call and I am going to have her business as the tenant which her insurance company requires for her policy and have a Personal guarantor addendum to hold her financially liable for the lease.

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