Guaranteed Rent

If we don’t rent your property….we’ll pay the rent! M Property Management takes the worry out of leasing your property because your rental income is guaranteed!

How does it work?

When you hire M Property Management to rent your property as part of our Guaranteed Rental Program you will know when and for how much you can expect your income to be Guaranteed! Of course there are limitations and this program is not available to all homes or to all commercial property in our areas but generally most homes qualify within city limits throughout North Central WA.

The reason we offer this program is to make sure we all have the same expectations before we start marketing your investment. We see your property as our investment therefore we are open to sharing the risk.

We will market your property for the full market rent and if it rents at this value then you get the benefit of the higher rent. If a tenant/client brings an offer to rent higher than the Guaranteed rental amount then you will always get the benefit of the higher rent.

Is there a catch?

NO! It is very simple, we will present you with a rental amount and the terms of the Guaranteed Rental Agreement before you ever sign a management contact.

How can we guarantee rent?

Our marketing system will expose your property to ALL the tenants in the area and out of the areas. It is a proven system that works!

How does this help you?

We know as investors, one of the biggest concerns is lost income during vacancies. Truthfully, many investors ignore this line item when calculating their potential return on an investment! We are optimistic by nature and expect ZERO vacancies. But, the reality is if your rental is vacant for 1 month that is an 8.3% LOSS in GROSS REVENUE and over DOUBLE DIGIT loss on your PROFIT!

If you want to have a stop-loss strategy that gives you the reassurance of a revenue stream, this allows you to do that.

Do you have to enter into the Guaranteed Rental Program?

NO, this is an option to our management contract.

Guaranteed Rent Rules

Manufactured Home rentals are excluded from this program.
Client must agree from initial agreement to a very competitive market rent.
Client must agree from initial listing to a rent reduction schedule.
Broker shall have 90 days from the signing of this addendum to secure a tenant at this rate with a term of not less than 6 months.
Broker shall have unlimited access or an agreed access plan in writing to show the property.
Property and condition must meet the satisfaction of Broker.
Program is for rental rates under $2500 a month.
If Broker identifies repairs or cleaning items in writing to owner needed to make property rentable and
owner does not fix items then this agreement is void.
If a tenant has not been secured at the end of 90 days then broker will continue to advertise for a tenant and pay the owner 85% of the last advertised rent for the next 90 days.
If at any time prior to the first 90 day period an acceptable lease is presented to the owner and signed, then the terms of this addendum shall be considered satisfied.
Owner may elect to cancel the Guaranteed Rent addendum at any time, if owner gives notice of cancelling then Broker shall no longer be obligated to pay guaranteed rent.
It is M Property Management’s sole discretion as to whether to admit a property into the Guaranteed Sale Program or not.
No properties outside of M Property Management LLC’s market area will be guaranteed and that area is limited to the following cities: Cities available: Wenatchee, East Wenatchee, Leavenworth, Chelan. Outside these cities call to find out if your property can be entered.