REAL ESTATE AGENTS
Are you a licensed real estate agent looking at buying or re-financing a rent roll?
How do rent rolls assist real estate businesses?
Faster growth: Building a rent roll organically, by signing up new clients yourself, can take time and effort. Buying an existing rent roll gives you instant access to a larger pool of properties and the income they generate.
Reliable income: A well-managed rent roll provides a steady stream of income from property management fees. This can be a good way to boost the profitability of your real estate business.
Existing client base to cross market to : Rent rolls unlock powerful marketing at minimal cost, fueling income growth through strategic cross-selling.
Some things lenders want to see as an applicant:
Full license: Lenders typically require applicants to hold a full principal's license.
3 Years experience: lenders will usually want to see a minimum of 3 yrs. Experience/ trading as a property manager.
50-30% deposit or equity: Lenders will want as known in the industry 'skin in the game' where they want to see some contribution towards the risk from the applicant. The deposit will vary on strength of rent roll, the applicant and proposal as a whole.
Rock Solid FS Specialist Brokers have the lenders to assist with your new venture or expansion. Additional to this we can assist with business cashflow solutions to mitigate fluctuations or unforeseen one off expenses.
Our brokers are here to support and represent you during the application process allowing you to still concentrate on running your business.
Or Google us we are super easy to look up!
1300 895 536 will allocate you to your local broker directly.
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