Leading Residential Property Manager Expands Its Upfront Guaranteed Rent Program to Landlords in San Diego, CA
SAN DIEGO, September 16, 2021--(BUSINESS WIRE)--Doorstead, one of the fastest growing property management brokerages in the US, launched its premier guaranteed-rent service today in San Diego. Doorstead provides landlords with full-service property management and guaranteed rent within a set time frame, even if the property is vacant. It is one of the few companies that provides this unique offering for long-term rentals. The company has seen great demand for its offering throughout the nation, and with its expansion into San Diego, the company now covers the full southern California coast. San Diego will be kicking off the first of a long series of market expansions that will occur over the coming months and years.
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Doorstead provides landlords with full-service property management and guaranteed rent within a set time frame, even if the property is vacant. (Graphic: Business Wire)
"San Diego landlords have been asking for our service, especially with the recent real estate boom, so we are eager and excited to be expanding there. With Doorstead’s upfront rental guarantee, landlords know exactly how much they’ll get paid and when they’ll get paid, no matter if the property is vacant or filled," said Jennifer Bronzo, co-founder and COO of Doorstead. "Plus, Doorstead takes on the heavy-lifting from getting the property ready for rental, to conducting showings, to screening and signing tenants, to managing maintenance and more. As a landlord myself, I know the stress and headaches that come with managing rental property, and we’ve designed our product to enable an owner to truly sit back and relax while receiving steady income."
To request a guaranteed offer, property owners visit www.doorstead.com and enter routine information about their property. Doorstead’s guarantee is simple. If the property is eligible, the company tells the owner the minimum amount they will receive each month and the time when they will start receiving their payments (e.g. $3,400/mo starting in 22 days). Owners get paid on the same day each month, and Doorstead covers the difference if it rents out the property for less or if it takes longer to find a tenant. Doorstead is full-service as it takes care of all the property management work.
The company is initially making offers on single-family homes, condos, townhomes, duplexes, triplexes, and fourplexes in San Diego, including Clairemont Mesa, Serra Mesa, Mission Valley, Tierra Santa, Pacific Beach, University City, UTC, Mira Mesa, Scripps Ranch, North Park, Hillcrest, Mission Hills, Linda Vista, Old Town, and La Jolla. Doorstead expects to expand to additional neighborhoods in the region over time.
Doorstead, the premier full-service property management brokerage, has redefined the industry by providing an upfront rental guarantee to landlords regardless of vacancy. Doorstead eliminates the headaches, friction and uncertainty involved with owning and managing long-term rental property. Its application of data and technology enables the company to provide steady cash flow to landlords, and superior service to both landlords and tenants alike. Within its first two years, the company has accumulated over $20M in annualized rents under management and has generated over 11,000 offers with 94% of its offers exceeding expectations.
Doorstead currently operates throughout California and is headquartered in San Francisco. For more information, please visit www.doorstead.com.
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