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How Much Is A Property Manager Costing You?
Our company will rent your unit or whole building and pay you every single month whether or not it is occupied.
You still get all of the tax benefits without needing to sell.
Our company takes care of all the day to day duties of being a landlord.
Maintenance, painting, vacancy unit turns, rent collection, repairs.
You receive a check or digital transfer every month.. without the headaches of being a landlord.
How can you offer guaranteed rent?
How can you offer guaranteed rent?
We are able to offer guaranteed rent because of our scale. We have enough income from our other business to cover any short term vacancy and repairs.
We can currently take on 40 units with up to 10 vacant units. As of Q1 2024
Our payments go out via check on the first of every month and via digital payment on the first Wednesday of every month.
Are you a property manager?
Are you a property manager?
No. We are not a property manager or management company.
We started master leasing because of our issues and unknown costs with property managers.
With a property manager;
you pay monthly fees up to 15%. average is 12%
you pay every time a tenant moves out. average over $2000
you pay every time a repair needs to be done
you pay for evictions and legal fees.
you pay for unit turnover costs such as cleaning, paint, labor and repairs.
you pay for appliance repair or replacement
you may pay for unknown items or have extra fees.
How do you make money?
How do you make money?
Our company makes money by the difference paid in rent by us versus the rent paid by tenants.
We require 3-5 year leases to cover up front costs and to stabilize the unit(s)
We often lose money or break even the first year.
Our scale allows us to lose money the first year while stabilizing the building and getting in a high quality medium to long term tenant that allows us to profit in years 2-5.
Why choose Purian Solutions over a property manager?
Why choose Purian Solutions over a property manager?
Purian Solutions offers a solution that gives the building owner steady, stable income that they can count on. Our clients often praise us because they know their budget and know the payment will be made every month on time, every time.
Purian Solutions treats the property like it is their own. We want the best experience for the tenants and the owners. We clean, paint and will do updates based on the market to add value to the property and get the best tenants.
For larger complexes we can master lease the whole building and do updates which allows higher financing or a higher sales price for owners looking to refinance or exit the market.
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