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Guaranteed rent property management

Posted by jcbrosse2 on July 8, 2022
0

As consumers become accustomed to smooth services, this approach is branching out into ever larger sectors, such as the trillions paid for long-term rentals. That’s how it works. Fortunately, Doorstead’s liability is manageable in the event of a recession or other crisis, as leases are not held for very long and home rentals tend to increase in an economic downturn. They then calculate the rent they want to receive and guarantee the landlord a fixed (lower) amount each month, regardless of whether the tenant pays or not.

This is a property management agreement in which a property manager guarantees rent to the landlord.

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