Since 2001, Guardian Rent has been helping property owners manage their rental property risks. Started by a group of property owners and managers with extensive experience in the rental market, vacancy was reduced to less than 1%, under the Rent Guarantee Program, compared to 12% prior to the implementation. Every landlord needs Guardian Rent's protection against tenant defaults under lease term (i.e. unpaid rent, property damage, eviction legal cost, and vacancy protection). The risks surrounding this area of real state investment has been left un-managed till now.
Our Patents Pending Line of guarantees, are the only comprehensive solution in the world. This intelligent , innovative and efficient solution is revolutionizing the Property Rental Business. With the surrounding social and economic impact, it is a complete Win-Win for all concerned. The utilization of over 3 million vacancies in the United States alone, is a saving of more than 50 billion dollars a year, not to mention the environmental and social ramifications associated with vacant properties and the cost of their upkeep.
There is also the seldom remembered issue of the "Working Poor" numbering about 3 million according to the latest estimates, and currently rising due to the Mortgage and Lending crises. They are often left behind without adequate affordable housing. Not only they do not have a security deposit to offer the landlord, but they often present a staggering risk that most landlords can not afford to take. That is where the need for a sophisticated risk model that can encompass a rentals industry with such a degree of fragmentation of its resources has evolved.
The reduction of vacancies, coupled with the elimination of risk surrounding the Landlord-Tenant relationship. Is creating a venue for Investors who have not entered the market in the past due to the risk involved in dealing with tenants ( un-paid rents, damages, legal fees, vacancies).
This investment enhancement will force Landlords to provide better housing, with better amenities and security to attract better tenants , while competition forces price down to create a larger pool of affordable housing for the "working poor".
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