The Lifetime Rental Guarantee is effectively a security floor which ensures that you will receive a fixed payment in lieu of rent for your property for a maximum of 50-weeks per year, irrespective of whether your property has a tenant.
The two weeks per annum where the payment is not provided reflects the standard length of time that a property would seek a tenant on the market.
If you have not found a tenant after that period passes, then your guarantee comes into effect.
The Lifetime Rental Guarantee offers additional security for your return on investment over the long-term. It ensures a minimum income can be generated from your property at all times.
It is especially valuable for if you choose to purchase property through a self-managed super fund. By providing a minimum guarantee, you minimise your risk on your property portfolio. You will always know what you are getting.
Our Lifetime Rental Guarantee is available to you when you invest in a KingsCoin property development.
It is offered in partnership with Rossdale Homes and is offered exclusively when you choose to have your property managed by KingsCoin.
KingsCoin appraises the rent the property will achieve, for example, $380 to $400 per week.
The Lifetime Rental Guarantee is then set in the middle of that range, so $390 per week.
The Lifetime Rental Guarantee is a very realistic market value, one that is achievable and is not over valuing or skewing rental yields.