Unique Property Management Company Pricing Structure

[Sam Bartron]

Hello all,

I am doing my due diligence and researching possible property management companies in my area. All the companies offer pretty much the same fee structure, whereby I would pay a management fee, leasing fee, tenant placement fee, maintenance fee, etc, with each company offering varying prices. However, I came across one company that offers a “lease with right to sub-lease” or also know as a “Master Lease” agreement. Pretty much I lease my property to the company who then leases it out to other renters. They say I will be guaranteed rent each month minus any expenses they subtract out no matter if it is rented or no. I have linked their website and their FAQ page still leaves me a little confused on what I can expect. 

Before I call the company to get more info, I was just curious has anyone dealt with a property management company who employs this business plan? I am a little skeptical and to me it feels like I would be getting the short end of the stick in this transaction versus a traditional property management company. Any insight welcome! Thanks all!

Beacon Realty: http://www.beaconrentalhomes.com/