 Renting to a business (by Doug [NJ]) Mar 18, 2018 7:41 PM
 Renting to a business (by plenty [MO]) Mar 19, 2018 5:27 AM
Renting to a business (by Doogie [KS]) Mar 19, 2018 5:59 AM
Renting to a business (by RB [MI]) Mar 19, 2018 6:14 AM
Renting to a business (by Vee [OH]) Mar 19, 2018 6:16 AM
Renting to a business (by Doug [NJ]) Mar 19, 2018 7:02 AM
Renting to a business (by TonyB. [PA]) Mar 19, 2018 8:17 AM
Renting to a business (by AllyM [NJ]) Mar 19, 2018 9:36 AM
Renting to a business (by fred silva [CA]) Mar 19, 2018 9:38 AM
Renting to a business (by Sisco [MO]) Mar 19, 2018 9:53 AM
Renting to a business (by Annie [IN]) Mar 19, 2018 10:51 AM
Renting to a business (by Mary [MI]) Mar 19, 2018 11:35 AM
Renting to a business (by Shaun [FL]) Mar 20, 2018 12:10 PM
Renting to a business (by Doug [NJ]) Posted on: Mar 18, 2018 7:41 PM
Message:
So these (reputable) local business needs a place to house their workers. I have a 4 bedroom home in a modest, safe area that would be affordable to them. Workers are semi-vagabonds, who get housing as part of their pay. Possibly, a changing group. No cars. No background on the workers (citizens, I am not sure).
What do I need in the Lease to protect me if this doesn't work out? --71.188.xx.xxx |
Renting to a business (by plenty [MO]) Posted on: Mar 19, 2018 5:27 AM
Message:
I would not be equipped to handle that. Just asking myself why. I suppose i would want all and complete information. Why are there people in the usa? Who? How would i evict. Hope someone comes along who has done this successfully as I'd like to know the answers to your questions too. --99.203.xx.xxx |
Renting to a business (by Doogie [KS]) Posted on: Mar 19, 2018 5:59 AM
Message:
Evicting based on non-payment of rent is always the easiest path to take. If the company is paying the rent, the chances of non-payment happening aren't real high. Additionally, the chances of the place being taken care of aren't real high either. There's no incentive for the occupant to care if he/she isn't paying for anything.
Personally, I would shy away from this based on the description you are giving. It hasn't worked out well for me in the past when I've done this. It could work out great, but just too many unknowns. Maybe if my place sat vacant for a while. Even then, I'd have to think about it pretty hard. --98.175.xxx.xxx |
Renting to a business (by RB [MI]) Posted on: Mar 19, 2018 6:14 AM
Message:
What could possibly go wrong, Renting a 4 Bedroom Home,
to a Group, with No Backgrounds and Unsure Citizenship ? --47.35.xx.xx |
Renting to a business (by Vee [OH]) Posted on: Mar 19, 2018 6:16 AM
Message:
I would want 3 people from the office (ceo, vice presof something, advertising manager) on the lease as jointly and severally, they will pay expenses/damages to avoid having to be on public record in default even if technically the company behalf. --76.188.xxx.xx |
Renting to a business (by Doug [NJ]) Posted on: Mar 19, 2018 7:02 AM
Message:
Thanks Vee. That's whom I want to be ultimately responsible for the place . . .people, not a corporation. --174.200.x.xx |
Renting to a business (by TonyB. [PA]) Posted on: Mar 19, 2018 8:17 AM
Message:
I recently had the same situation. Local company wanted to provide accomodations for 2 out of town workers. They would commute home on weekends. I ran normal background checks on workers. They are listed on lease as tenants. The company is on the lease as a cosigner and pays the rent. So far no problems. --174.200.xx.xxx |
Renting to a business (by AllyM [NJ]) Posted on: Mar 19, 2018 9:36 AM
Message:
Sounds like illegal criminal aliens to me. Semi vagabond? No cars? Sounds like illegals for sure or criminals who can't get a driver's license. And you won't know what the background is? And you want to put them in a nice neighborhood? My answer would be no thank you. A bunch of strange men living together possibly fighting among themselves and I don't know who they are? And potentially inviting local "women" in there for the neighbors to see? Uh, no. --69.141.xxx.xxx |
Renting to a business (by fred silva [CA]) Posted on: Mar 19, 2018 9:38 AM
Message:
I like Vee's answer. Have responsible individuals sign the lease. In the lease, put a limit on the number of tenants allowed.
In CA you cannot ask potential tenants many things, including their USA status.
I don't like it, but can't argue with Sacramento, which is looking for ways to collect heavy fines and penalties from LLs. --99.59.x.xxx |
Renting to a business (by Sisco [MO]) Posted on: Mar 19, 2018 9:53 AM
Message:
In addition to having 3 people with deep pockets on the hook, I would want at lease 2X normal rental rate....this deal is going to require a lot more management than a nuclear family. Additionally, while you are dinking around with all of the issues that you will surely be presented with, you will be passing on good stable residents. --72.172.xxx.xx |
Renting to a business (by Annie [IN]) Posted on: Mar 19, 2018 10:51 AM
Message:
Have a slightly different take on this dilemma; a company is going to pay the lions share of a key employee's rent (all but $25.00) each month. The Tenant will be responsible for the utilities and yard maintenance.
How should we craft the lease? Is the Company paying the rent each month to be on the Lease, with the specifics of who pays what amount?
We have checked out the company and also the family that will be moving in, and all appears to be good.
Any suggestions on how to craft the lease?
--104.152.xx.xx |
Renting to a business (by Mary [MI]) Posted on: Mar 19, 2018 11:35 AM
Message:
A few months ago we read about an owner of a restaurant allowed his workers to live in the basement of his house.There was come kind of accident and all the workers died due to to a fire or carbon monoxide . Now the owner is charged with their death.So you need to be careful because you may be responsible for their well being. --68.32.xxx.xxx |
Renting to a business (by Shaun [FL]) Posted on: Mar 20, 2018 12:10 PM
Message:
I have past and present family members that provide rental housing for agriculture migrant workers.
In their situation they made/list the "Crew Chief" on the lease along with workers. Which means the workers' "Boss" is also accountable for the rental property. Short term lease so rent is weekly and higher.
My point, regular lease, except add the Company as one of the lease holders. Makes them equally liable should things go south. --205.223.xxx.xx |
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