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General Landlording & Rental Properties

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Nick Leamon
  • Investor
  • Mc Kinney, TX
6
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49
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Would you rent to a company?

Nick Leamon
  • Investor
  • Mc Kinney, TX
Posted Aug 18 2015, 11:32

Hey BP,

I have a perspective tenet, who is being relocated by his company to my area. The lease would be in the companies name, and the company would pay the rent. it sounds like a great idea to me, since companies tend to be more reliable than people, but i have some concerns.

My question is would you rent to him/it?

My concerns are:

If his name is not on the lease will he have any incentive to keep the house nice?

You cant run a credit check on a company?

If the company defaults, or if there is more damage than the security deposit at the end, will I be able to get anything out of the company since I'm sure they have an army of lawyers? What recourse action do I have?

Looking forward to learning from all the wisdom out there!

Nick Leamon

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