Are rent guarantee schemes worth it?
If a landlord or property owner wants to take over property management in addition to the guaranteed rent plan, “You’ll be introduced to a local partner who charges seven percent per month of rent. Steady’s rental guarantee insurance covers six weeks to six months of lost rent per year and allows landlords to start the eviction process (if necessary) without sacrificing months of rental income. Steady’s rental guarantee insurance covers six weeks to six months of loss of rent per year and allows landlords to initiate the eviction process (if necessary) without sacrificing monthly rental income. One key is that the company is not a property manager but guarantees leases so landlords can continue to manage their own properties or choose an external property management company if they wish.
With Doorstead, you can rent out your house efficiently with turnkey service, even if the owner lives far away.