Bonus: This Company Will Pay Your Rent If Your Tenant Stops Paying

About this episode

This episode discusses how TheGuarantors can help landlords reduce risk by providing a lease guarantee that pays rent if a tenant defaults.

When a rental sits vacant, landlords lose money every single day. In the past, many investors waited for the “perfect” tenant, but today, many renters who may look risky on paper could end up being great long-term tenants. The challenge for landlords is figuring out how to reduce the risk of a tenant stopping payment or damaging the property. On this bonus episode, we talk to Jamison Theander from TheGuarantors about how landlords can rent properties faster while reducing risk. Jamison explains how TheGuarantors offers a lease guarantee that will pay the rent if a tenant defaults, at no cost to the landlord. We talk about what TheGuarantors looks for when approving tenants, how quickly approvals happen, and why this can help landlords feel more comfortable approving applicants they might normally pass on. We also discuss the different types of coverage available, including protection for missed rent and damage coverage with deposit replacement protection. Jamison explains why this can provide landlords with significantly more protection than a traditional security deposit, how customizable the coverage is, and what the cost looks like for tenants. If you’ve ever struggled with…

People in this episode

Host: Dan Lane

Guest: Jamison Theander

Topics covered

• tenant screening
• risk management
• rental properties
• lease guarantee
• landlord protection

Keywords

• rental income
• tenant default
• landlord risk
• property management
• lease guarantee

Sponsors

Revenued

Mentioned in this episode

Organizations: TheGuarantors

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