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Use cases for Doorstead's Rent Guarantee: A guide for rental homeowners

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Use cases for Doorstead's Rent Guarantee: A guide for rental homeowners
Income guaranteed even before we find your tenant
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As a homeowner looking to generate passive income through your rental property, you have many potential property management solutions, including traditional property management companies, online platforms, and DIY self-management options. But have you ever heard of guaranteed rent

Doorstead is a rental property management platform that offers a unique approach to managing rental properties. One of our unique benefits is a rental income guarantee, which ensures homeowners a steady stream of income, regardless of vacancies or tenant non-payment. 

This guarantee is a standout feature that other property management companies are typically unable to offer.

Here are some of the most popular customer cases for which our guaranteed rent could be a perfect solution.

You're new to property management and have limited to no experience managing properties.

If you're an inexperienced or first-time property manager, you must devote time and energy to learning the ropes and making costly mistakes through time, trial, and error. By working with Doorstead, you can leverage our expertise and reliability and leave the property management to the professionals.

You want to work with a property manager that is professional and reliable but are overwhelmed with all the options available. 

If you value professionalism and reliability, Doorstead's standardized and guaranteed service offering will resonate with you. Saving themselves from the research, vetting, and potential risk of hiring individual property managers and instead deciding to employ a professional company of experts is a top reason customers choose Doorstead. If you want to learn how to manage your property, we have a comprehensive overview of the property management industry and a glossary of common terms for residential property managers.

You have a full schedule and lack additional time to dedicate to self-management.

If you're time-strapped, have a full-time job, or are generally in a period where you need more mental space for other things, Doorstead's full-service property management solution is a convenient and collaborative option. Maybe you’ve spent years managing your property alone, but it’s begun to take up too much of your time and mental space. Doorstead’s expert team can help you maintain your income through a rent guarantee. As soon as you get your property ready, our platform covers everything, including advertising and marketing, tenant screening, rent collection, property maintenance and repairs, and legal compliance, freeing up your time and energy for other commitments.

You're moving due to unforeseen circumstances but want to keep your old home.

We all know moving adds more stress to the plate, even more so if you're moving due to unforeseen circumstances. You might be in the process of upsizing or downsizing and want to keep your home or believe it's not the right time to sell. You might need help balancing dedicating time and energy to your new property while not losing money on your old home. If you're moving into a new home and need someone to manage your old home, Doorstead can help you turn your home into an asset without the burden of managing the property yourself.

You own multiple rental properties and would like help managing your portfolio or scaling your business.

If you're a rental homeowner of multiple properties looking to expand or maintain a more extensive personal property management portfolio, Doorstead's rent guarantee could be a crucial tool. Managing even one, not to mention multiple properties, can be daunting, and it's easy to become overwhelmed. Likewise, homeowners who own several properties might find it challenging to handle them all and may require more time, resources, and personnel to maintain profitability. However, with Doorstead's rent guarantee, you can focus on the big picture of your investments, while Doorstead manages your current properties without the fear of unpaid rent or eviction. This extra layer of protection can help you grow your business while minimizing risks. By using Doorstead's rent guarantee, you can expand your business without sacrificing the quality of your properties or renters.

In all these cases, Doorstead's rent guarantee can help you overcome common challenges and resource constraints with property management while protecting and potentially increasing your rental income! Here's the real-life experience of two customers who faced these scenarios and found Doorstead's rent guarantee a perfect solution.

With Doorstead's rental income guarantee, expertise in property management, and data-driven approach, you can achieve your financial goals without the burden of managing your rental property alone. So sign up today and get started on your guaranteed monthly rent contract.

To learn more about Doorstead's products and services, visit our blog.

Ally Gong
Ally Gong
Content Specialist

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