Receive up to 11 Months of Rent up front…
Imagine what you can do with all your rent paid to you in advance.
What is Rent Advance?
Rent Advance provides owners of rental properties with up to 11 months of rent payments up front.
No credit check, not a loan, no repayment!
Remove tenant payment risk and lock in annual income
Pay off other debt or credit cards
Pay for improvements or major repairs
Qualify to purchase another property
Or just reinvest elsewhere and have the peace of mind knowing all rents are collected
How does it work?
- Once a new lease is signed the owner of the unit will receive an email offer that includes an exact dollar amount & a link to access the offer details. Units with 2+ months remaining on the lease may also qualify and receive an advance offer.
- Once the property owner clicks the link, they will receive additional details about the Rent Advance offer, the payment schedule breakdown, FAQs, and the ability to ask any additional questions.
- You choose how many months of advance from 1-12 months, subject to remaining term.
- Finally, the Rent Advance offer can be executed by the owner, and once the banking information is verified payment will be sent to the property owner’s bank account.
What am I responsible for?
- Must continue utilizing Real Property Management Viking as the property manager for the duration of the agreement
- May not sell, mortgage, or otherwise take any action to the detriment of Rent Advance or its interest for the duration of the Rent Advance agreement
- You are required to make any necessary repairs that impact unit habitability during the transaction term
What are the benefits?
- Receive up to 12 months of rent upfront in a single payment, net of any property management or transaction fees
- Cash-in-Hand with no risk of repayment
- Peace of Mind that all rents are collected for the term of the lease
- Use the money for any reason you choose
- Utilize liquidity to improve the rental property or grow your portfolio by purchasing an additional property
Contact Real Property Management Viking
For more information, and instructions on how to start receiving Rent Advance offers please contact: [email protected]