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| Guaranteed
Tenant Program |
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| Our Guaranteed Tenant
Program allows you to offer buyers and investors the
option of buying a property fully occupied with a quality
renter. You find the buyer, we provide the renter...generally
in 7 to 21 days. By packaging your property with attractive
financing options, many of these renters may also opt
to buy. |
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| How It Works |
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| Our Program allows
you to offer your properties for sale to prospective
buyers with a Guaranteed quality tenant in place. There
are several advantages to this approach: |
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This would allow you to market
the property as a performing asset and reduce
the risk for the future buyer. |
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It reduces the need to lower
the price and therefore the value of this and
other affiliated properties to accomplish the
sale. |
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It can be accomplished with
no upfront expense to market and find a suitable
renter. |
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| BASIC
STEPS: |
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Our Team will analyze the property
and prepare proposed solutions for the property. |
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We meet with the Owner, Investor
or Developer to discuss the proposal. |
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Once an agreement is reached,
Rent Solutions will be given access to one or
more of the properties/units and begin to market
the properties extensively for rent. |
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Simultaneously, the property(s)
will be marketed for sale as a tenant occupied,
performing asset. The property can be sold conditioned
upon Rent Solutions obtaining a quality tenant
for the property. |
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We will qualify and secure
a tenant(s) for the property with a move-in date
generally set subject to or immediately following
the closing of the sale. |
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If desired, we can also offer
property management for the property. |
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| Case Studies |
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| Through our sister
company, First Coast Rental Finders, we have been working
with Developers and Property Owners to help them sell
their condos in Jacksonville. |
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The
Gardens at Bridge Hampton
A 352 unit luxury condominium development with
1, 2 and 3 bedrooms located in Jacksonville,
Florida. The property was developed by an investor
group, Hudson Capital. Hudson Capital sold the
units as “Tenant Occupied Investment Units”.
The Results
Time Period: 4.5 months
Units Rented: 165
Units Sold by Rental Agents: 17 |
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Williams
Walk
Williams Walk, a 386 unit luxury condo project
in Jacksonville, Florida offered a Guaranteed
Investor Tenant Program with First Coast Rental
Finders. The program guarantees a new investor
a qualified tenant in their unit within 30 days
for at least a 7 month lease at a specified rate.
The Results
Time Period: 4 months
Units Rented: 40 |
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Villa
Medici
Villa Medici, a 379 unit luxury condo project
in Jacksonville, Florida offered a Guaranteed
Investor Tenant Program with First Coast Rental
Finders. The program guarantees a new investor
a qualified tenant in their unit within 30 days
for at least a 7 month lease at a specified
rate.
The Results
Time Period: 3 months
Units Rented: 40 |
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