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2. Guaranteed Rents!
NRIA’s 5 year Rent Guarantee system– guarantees your rents cover expenses for 5 years – or you’re paid the difference! In fact, in the rare case that your Town Home is ever empty over 60 days you’re also paid. We are so successful at pre-renting these properties on long term leases, and keeping them continually occupied due to our Independent Property Manager’s tenant sources, that they put their “money where their mouth is” with a Rent Guarantee! Our rental system and independent Property Manager’s tenant databases are overflowing with high quality tenants waiting to occupy these 100% new construction homes! Plus, we work exclusively in one of the lowest vacancy rate Cities in the country! New Construction rentals get the highest Credit Tenants and Highest rents and are in highest demand here! Plus there is NO PROPERTY TAX on your building for 10 years to take from your rent flows! Combine that “No Property Tax “characteristic of your home with the lowest mortgage rates in history and you’ll understand why they rarely pay out a guarantee. The rental market your property is in has the most solid innate characteristics in the USA!
Typical rents are $2,000 to $3,000 per month and the Property Managers can rent these as long as you like! After all, your tenant is paying you down an average of $500 per month in ADDITIONAL PRINCIPAL – as they pay off your mortgage each month - putting $6,000 per year MORE EQUITY in your pocket! You can also have the home listed and sold any time you’re ready to cash out – while the tenant stays and pays the rent monthly. There is never any pressure to sell! We rent your property as long as you want, and keep the tenant paying you down $500 every month, while you sell. You sell only when you are ready to cash out with virtually no loss of rental income! Lastly, a positive rent cash flow is generated on 9 out of every 10 deals – but regardless – you are GUARANTEED by your Property Manager to have rents cover your expenses and any empty period over 60 days – or you’re paid!
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