At BE Property Mentors, we can offer alternative & tailored property management solutions for reluctant, nervous, or risk-averse property owners. Understanding that property ownership can be daunting, especially for those new to the market or concerned about the challenges of being a landlord, we offer a comprehensive range of services designed to ease your worries. From Guaranteed Rent to Rent to Rent and Rent to Buy options, our expert team handles every aspect of property management with professionalism and care, ensuring your investment is secure, profitable, and stress-free. Let us manage the complexities so you can enjoy the benefits of property ownership with confidence.
1. Guaranteed Rent
Guaranteed Rent is a property management service where the property owner receives a fixed rental income each month, regardless of whether the property is occupied or vacant. The management company takes on the responsibility of finding and managing tenants, ensuring the property is insured & maintained, and covering any potential void periods. This option provides landlords with peace of mind and consistent income without the usual risks and stresses of tenant management. Generally done over 5 to 10 year periods.
2. Rent to Rent
Rent to Rent is a strategy where a property management company or individual rents a property from the owner for a fixed period, usually at a lower rate. The management company then sublets the property to tenants at a higher rate, managing all aspects of the tenancy. The property owner benefits from a hands-off approach, receiving a guaranteed lower rent, while the management company profits from the difference between the rent paid to the owner and the rent charged to the subtenants.
3. Rent to Buy
Rent to Buy is an arrangement where tenants rent a property with the option to purchase it at a later date. A portion of the rent paid may go toward the future purchase of the property. This option is appealing to tenants who want to own a home but may need time to save for a deposit or improve their financial situation. For property owners, it offers a way to secure long-term tenants with the potential for a future sale.
