If you own a Las Vegas investment property, you’ve likely come to appreciate the stability this monthly source of passive income can bring. However, the financial difficulties caused by defaulting tenants have the potential to negatively affect your rental business. In a sector where ceasing business with a tenant can cost thousands but missing rental payments can cost you more, more and more property owners are choosing rent guarantee to avoid interruptions in cash flow.
What Is a Rent Guarantee?
A rent guarantee is where your Property Management company pays your rent on time regardless of the tenancy. It’s a rare “insurance-like” feature that involves an applicable monthly applicable deductible that ensures your continuous stream of revenue regardless of whether your tenant pays late or fails to pay due to a lost job, reduction in income due to a sudden illness, or financial irresponsibility. A rent guarantee will ensure you continue to receive rent!
What Are the Benefits of a Rent Guarantee?
Aside from the obvious financial benefit, rent guarantees hold numerous benefits for property owners. Among them are:
In short, rent guarantee is a rarity that unique to Home365 it aims at reducing uncertainty in an often unpredictable market.
Contact Home365 Today
If you own a rental property in Las Vegas, Los Angeles, Orlando, or Miami and crave the cash flow stability that comes with a rent guarantee, Home365 has a solution you can feel secure with. Contact us or request a quote and more information online at your earliest convenience. We can help you find a property management plan that fits your budget.