What is guaranteed rent?
Guaranteed rent is a service where a property management company, like Hassle-Free Rent, ensures that landlords receive a fixed rental income, regardless of whether the property is occupied or the tenant pays.
How does guaranteed rent work?
We sign a contract with you, the landlord, guaranteeing a monthly rental income. We then manage the property, find tenants, and handle maintenance and rent collection on your behalf.
Do you provide guaranteed rent for all types of properties?
Generally, we provide guaranteed rent for residential properties. However, eligibility may vary, so it’s best to contact us with details about your property.
Are there any upfront costs for guaranteed rent services?
There are no upfront costs. We cover advertising, maintenance, and tenant-related expenses. You start receiving rent from day one.
What happens if the property is vacant or the tenant doesn't pay?
With guaranteed rent, you still receive your agreed-upon income, even during tenant vacancies or rent arrears. We take on the financial risk.
How long is the guaranteed rent contract?
We provide a 2-year (24 months) contract term with the ability to renew your contract when the term ends.
Can I end the contract early if I want to manage the property myself?
You can terminate the contract with proper notice, but terms may vary. Refer to your specific agreement for details.
Is maintenance included in the guaranteed rent service?
Yes, we cover routine maintenance and repairs, minimising your involvement and expenses.
What happens if the property requires major repairs?
We handle various major repairs, but the costs may be shared as outlined in your contract.
How do I get started with guaranteed rent services from Hassle-Free Rent?
Simply contact us through our website or by phone to schedule a consultation. We’ll guide you through the process and answer any further questions you may have.