Why Work with LivingLab?
10% More Total Occupancy
Per bedroom leasing allows you to immediately start earning rental income
Annual Increase of ~$4,000 in Revenue
Average increase in rental payment income per property
2X Longer Leases
LivingLab signs 2 year leases so you don’t have to worry about occupancy gaps
LivingLab Guarantee
If a room is not filled within 2 months LivingLab will pay the FULL rent for the rest of the lease.
Per- Bedroom Leases
Traditional Leasing
Landlords must wait a full group of tenants to sign together.
Properties are often vacant for 1-2 months
The majority of leases are also only one year
LivingLab Leasing
As soon as one tenant wants to move in, a partial lease is signed
Extra rent income during those first months
After 2 months LivingLab pays the rest of the two-year lease, regardless of occupancy
The Details
Traditionally a landlord must wait a full group of tenants to sign together. The property is often vacant for 1-2 months before it is leased as well as deal with the the additional risk of multiple different people who are guaranteeing the payments. The majority of leases are also only one year so this cycle repeats after 12 months when new tenants are needed.
With LivingLab, you earn more money AND deal with less risk. As soon as a tenant wants to move in, a partial lease for that room is signed. You get the partial rent income during those first months that you wouldn’t get in a traditional leasing. And if the other spots in the home are not filled within 2 months, LivingLab pays the remaining lease for the duration of the two year lease, regardless of whether the room is occupied. More money and less risk, a winning strategy for landlords.
