Reading this article has prompted me to alert private landlords (lessors). When a tenant hasn’t paid and you realise for the first time! You need to act fast!
Over my 38 years in real estate, especially in commercial & industrials I have witnessed what can happen if you don’t act. (The squeaky wheel gets the oil).
Tip#1. Before accepting any lease offer go and see what the tenant is like at their residing business location.
Tip#2. Think about what will happen to the the tenant items (say tyres in this case)
if they unfortunately go into liquidation. What would be the consequences of this headache.
Please read this article.
What does our community think?
