What is a guaranteed rent scheme?
Rating 4, 8 (16) A guaranteed annual rental income on time, every month · You’re still getting paid even if the property is empty · You’ll get paid even if the rent is late or not paid. As a property management company that specializes in guaranteed rentals, the biggest disadvantage of owning a rental property is idle time between tenants. As a property management company that specializes in guaranteed rentals, the biggest disadvantage of owning a rental property is idle time between tenants. Furthermore, there is no catch and no fees.
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rental guarantees worth it?
A landlord has stated that they signed a 1-year contract with a realtor who offered a rental guarantee for their 3-bed apartment. Such a system usually has a lead time of 3 or 4 weeks, with the broker paying the rent to the landlord anyway if the property remains unrented. The success of her business is then based on her ability to generate high enough rental income from the property to cover expenses and make a profit. The tenants who inhabit the property have no direct relationship with the landlord, and everything is done by the middle tenant.