Property Risk Management Services
Pensio's Property Risk Management Rent Guarantee Services provides owners and property management companies with an integrated rent guarantee program.
How does Pensio Property Risk Management Services work for Investor-Buyers?
The owner enters into a full service five year property management agreement with a Pensio approved Property Manager. Pensio pays:
guaranteed rent amount on the last day of each month for 60 months to the owner regardless of whether the property is rented, vacant or the tenant is in default
for any malicious tenant damage
for all eviction fees
Pensio’s new build team provides key market facts to optimize unit design and maximize sales results.
An owner is still required to pay property management fees, property repairs, maintenance, appliance repair or replacement not covered under warranty, property tax, and liability insurance covering the property.
The Pensio Property Management Agreement rent guarantees are secured by a Rent Payment Contract Bond insured by Rentalis Insurance Company, Inc. and issued by World Insurance Associates LLC. Pensio is a participating Member of Rentalis Insurance Company, Inc., a protected cell captive reinsured by reinsurers rated AM Best A or better.
Pre-construction new build developments
Developers and sales marketing teams can offer this as an optional program for investor-buyers. This program has proven to be a successful sales velocity benefit for investor-buyer decision making, resulting in sales.