Enjoy immediate cash flow while reducing leasing risk. This vacant property comes with up to 12 continuous months of guaranteed rent payments from Roofstock, giving you and your property manager time to select the right tenant. Roofstock will also pay your property manager’s initial leasing fee.
How you benefits
- Count on steady rental income for the first year of ownership
- Choose your own tenant
- No upfront tenant placement costs to you
Terms and Conditions
- You must use a Roofstock certified property manager during the term of the guarantee.
- The guaranteed rent paid by Roofstock will equal 90% of the estimated market rent at the time of closing, as determined by your property manager.
- This guarantee is non-transferable.
- The guarantee starts on the first full calendar month following the closing of the sale of the property.
- This guarantee will end at the earlier of: (1) when the property is initially leased by your property manager and the tenant moves into the property or (2) 12 months from the first day of the first full calendar month following the closing of the property.
- Roofstock may terminate this offer at any time.