• 97% rental income potential with Alcove
• As soon as one tenant wants to move in, a bedroom lease is signed. The average lease length is 12 months.
• Alcove works with property managers to secure consecutive bedroom leases. We guarantee the bedroom rent in case of tenant default.
• Alcove takes care of furniture set up, utilities, wifi, and cleaning. These costs are charged entirely to tenants.
• 83% rental income potential with traditional leasing
• Property managers wait 15-60 days to secure a tenant for the landlord.
• The majority of leases are only one year long. Property manager is responsible for rent collection in case of tenant default.
• Property manager negotiates with tenant on management obligations.