Internet Marketing Vs Marketing
Has anyone rented to a small corporation before?
I have a 2 bed / 2 bath condo in Tempe AZ that we rent out — in the past it has been a normal tenant lease but we now have a small Internet marketing firm that wants to rent it for their traveling “executives” — one that will be there 75% of the time and the others will be traveling in and out of town… What type of lease will we need to have (we will require that the lease be in the company owner’s name vs their company) and what do we need to know? I have added a $150 cleaning fee to the regular security deposit and will do a 6 month vs 12 month lease to see how it goes…. advice and suggestions from folks with experience in this area is MUCH appreciated — this is a significant investment for me and while I don’t want to jump at just anyone who is applying, we have had the unit vacant for 2 months now and I think if we know what we are getting into and handle this in a smart way it will be OK… thanks!
While not owning my own properties, I do have some experience in the industry. My suggestion would be that this could be a really good deal. If you do a good background check on the owner as well as the business, and all is good, they could be fantastic renters. Since they residents aren’t truly residents, there may be less wear and tear on the apartment. It’s the corporation’s apartment, and the employees will probably have to pay for any damage they cause. So it’s in their best interest to take decent care of the place. Chances are they will also not have any pets. If all goes well, you will have a more reliable tenant, versus someone who is in transition until they can have their own place. I would go for it, but that’s only my opinion. Best of luck as you make your decision.
Network Marketing versus Internet Marketing
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