Exclusive Rental Agreements

[Alex Sanfilippo]

I posted this under "innovative strategies" although it could be something that everyone is already doing; I'm just new to REI and I wanted to run this idea by some professionals so that I can continue to learn!

Has anyone had any experience with renting multiple properties to large companies or schools and becoming an 'exclusive' or official partner with that school or company?

Example: If an employee moves to work at their company's corporate office and they ask about housing, they would have a list of my properties that are available for them to rent, even if it is temporary. If they are not interested in these, they are of course able to just go find their own, but this would be all that the company offers.

Not sure if I explained that well... I'm just wondering if this type of thing is "real" and if it happens in the world of REI. Again, I'm a new guy just trying to gain some knowledge and understanding.

I'm looking forward to the responses,
Alex Sanfilippo

[Tanner Bruce]

@alex sanfilippo Hi Alex- Great idea! Sounds very similar to what my company does for Owners/Landlords.

We act as a marketplace where Owners/Landlords can sell their exclusive rental rights to a professional Rental Management Company for a fixed amount. The Manager in turn has the exclusive ability to place tenants in the property while the Owner/Landlord receives guaranteed income regardless of vacancy.

It sounds like your idea was similar, but instead of a Rental Management Company buying the rights, it would be a corporation or university.