“We can be your guarantor!” — it’s the slogan we were founded on and it’s truer today than ever.
In fact, we guarantee over $15M in new rent every month, and we’re the exclusive partner at many of NYC’s top owner/operators. If you have a guarantor, odds are it’s us.
The experience has taught us a lot — most importantly that move-in costs drive friction in leasing, and that on-site staff are some of the most overworked professionals in the industry. Let’s take a closer look:
At TheGuarantors, our mission is to help mitigate these challenges. That’s why we launched our full Risk Management Platform. In addition to lease guaranty, it includes:
We estimate it takes 1 hour per resident per year to handle renters insurance internally, which is a full time job for every 2,000 units in a landlord’s portfolio. Traditional security deposits require a lot of work: collecting cash, depositing the cash, calculating interest, preparing 1099 tax forms. That’s a lot of potential savings.
2018 is only half way through. More to come…