A Charlotte, North Carolina company Jack and Landlords LTD has announced the launch of their newest venture Leasing Homes For Rent. Owner and founder of Selective Insurance underwritten Jack and Landlords, Calvin Brock, says, “We created Leasing Homes For Rent because tenants call asking for our Jack and Landlords guarantee, but we contract with landlords. Brock states, “We are offering landlords the opportunity to keep their properties filled without spending all of the time that is typically required to do so.” Now, property management companies and owners can join our free Leasing Homes For Rent database to get contacted by tenants seeking to lease with Jack and Landlords.”
Through LHFR database, company/owners receive tenant leads to assist tenants that contact LHFR to lease with Jack and Landlords guarantee. Tenants are already aware that they'll pay the non-refundable cost of the landlord's contracted guarantee payment in addition to their monthly rent for the 1st year. The guarantee is paid in full the first year and lasts throughout the tenancy. “The method of renting with landlords' tenant paid guarantee results in stronger tenants, increased retention, and more profits for companies and owners with no downsides of security deposits,” Brock states.
Brock says that during his time as a former commercial leasing broker, he looked to see if residential landlords were facing issues with security deposits. He says that during this time, he realized that landlords across the nation were assuming a lot of risks and leasing without security deposits because of tenant disputes and escrow account violations. Lost disputes and escrow account violations would sometimes cost landlords two to three times their security deposit amounts in damages ordered by the courts. This, he says, is when he decided that something needed to get done. “We founded Jack and Landlords in 2014 in an effort to help protect landlords who were honestly losing a lot of money,” states Brock.
Brock, a 2000 Olympic boxer and former number one ranked world pro and world title challenger, says that the company’s new lead website is now available for landlords to learn more about their program and its benefits. He says that the company offers a no fee and no contract referral service, acting as a medium for owners, property management companies and tenants. The company maintains a database of owners and property management companies that they call upon and put in touch with those who wish to lease residential properties.
Complete information about LHFR program, including all of the benefits to property owners, can be seen on the company’s website and at Jack and Landlords. Brock says LHFR do not give away or sell any information that they gain from members that join LHFR database.
SOURCE: Press Advantage [Link]
Jack and Landlords is underwritten by Selective Insurance Group and founded in 2014 out of Charlotte, NC with the mission of mutually benefiting landlords, tenants, and owners with no security deposit leasing.
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