The Risk of Rent Guarantee Scheme is Worth It
The trick of a rent guarantee scheme is that the landlords receive less amount of income that they can get should they opt to rent or lease their properties in an open market. However, more landlords are attracted to the scheme despite the disadvantage. Many of them still find this scheme as an easy way to keep profiting from their properties despite a slump in the market. Probably, on their own, they could not find the tenants they’re looking for. More so, it is a given fact that the open market is such a time and effort consuming way of getting customers. A good number of landlords still prefer to have a third party to the job for them regardless of the fact that they could possibly be paid 20% to 30% less of the potential rental value of their properties. Most of them are willing to take the risk especially if their properties have not been earning for a long time.
