All Topics / Creative Investing / Renting house to Business!

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  • Profile photo of jadjad
    Participant
    @jad
    Join Date: 2006
    Post Count: 10
    March 27, 2024 - 9:14 pm

    We have a house that we have almost finished renovating, and have struck an in principle agreement with a local hotel to rent the house out fully furnished. Currently there is no rental agent  involved.
    Has anyone done something similar where you are leading the building to a company for them to house staff in, and how have you structured the lease. Have you treated it as more of a standard rental agreement or more a commercial one?

    Profile photo of AdamCareyAdamCarey
    Participant
    @adamcarey
    Join Date: 2023
    Post Count: 0
    March 28, 2024 - 5:59 am

    Since you’re renting out a fully furnished house to a business entity rather than individual tenants, it leans more towards a commercial agreement IMO.

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