What is a guaranteed rent scheme?
Transparency and peace of mind from day one. Upper limit on job vacancies, transparency and peace of mind from day one. The third party, effectively the landlord’s tenant, pays the landlord a fixed monthly income over a specified period of time and usually guarantees a percentage of the rental income that can be achieved. 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.
Money is made on the difference between the rent they pay the landlord and the rent they receive from the lodger. They then pay you “slightly less than the market rental value.”