Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Choosing a good tenant for a business space
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Alexandoy, post: 105456, member: 25510"] One owner of a small commercial building confided to me that some of their tenants couldn’t pay rent. This was before the pandemic era. Those delinquent tenants rent an office space and one rents a store space in the ground floor of the building. How can he force the tenants to pay? My advice is to send them a letter of eviction. It is in the lease contract that a tenant who is delinquent for 2 months of rental payment can be evicted with a month’s notice. That did the trick. The delinquent tenants talked to the building admin of the problem, paid a little and left a promissory note so that they would not be evicted. I still do not know the ending of the story. One problem of the landlord is the willingness to pay the rent. There are tenants who are up to day in payments and there are those who are delayed in rent payments due to financial problems. The 2 requirements for accepting a tenant is the capacity to pay and the willingness to pay. As a safeguard here, some landlords would require a co-maker in the lease contract so that when the tenant couldn’t pay then there is someone who will have to pay for the tenant. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
Choosing a good tenant for a business space
Top