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Rhode Island Guaranty or Guarantee of Payment of Rent Form

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Rhode Island Guaranty or Guarantee of Payment of Rent Form

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hi i'm james from eightfold property today i'm gonna talk a little bit about guaranteed rental schemes as a landlord you may have seen adverts from agents offering guaranteed rent or zero fees or arrangements such as this generally guaranteed rents are split into two different schemes the first is where you take out an insurance policy to know that if your tenant can't pay their rent you will still get paid the second is where someone else takes on the responsibility of the property for a period of time and make sure that you are paid the rent regardless of whether it's paid elsewhere this second category can be split into two different ways the first is where you let the property to a person or company who then sublet the property to make a small profit or the second is where you have an agent who guarantee the rent as part of your fee each model is priced slightly differently and has its benefits and drawbacks with an insurance policy like with any oth

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