Has anyone encountered a business looking to rent a property from a single family property owner. The business is looking to do short term rentals (for traveling nurses and business professionals), but will sign a long term lease with me (single family property owner). I will not have to deal with any of the short term tenants, only the business that will be on the lease. Is someone has done this before, could you give me some insight on if this is legal and also would you recommend this?
Property Manager / Investor · San Jose, CA · Member since 2013 · 780 posts · 301 votes
4y
@Bryan Okolo This is basically a sub-leasing situation. Lots of companies were offering this pre-covid. Many didn't do well and changed their agreements unilaterally midstream to the detriment of the property owner.
Search the forums for others experience on this topic.
@Bryan Okolo This is basically a sub-leasing situation. Lots of companies were offering this pre-covid. Many didn't do well and changed their agreements unilaterally midstream to the detriment of the property owner.
Search the forums for others experience on this topic.
Could you go more in depth with this. Why was the agreements changed. What would be the main cause of this contract not going well?