Doorstead launches real estate property management service - GeekWire First, property owners contact Doorstead and provide some basic information on the home they want to rent out. I recommend Doorstead as a property management company. Zillow, Inc. holds real estate brokerage licenses in multiple states. Know the date your property will start generating rent. Doorstead guarantees landlords monthly rent, even if the property is empty or if tenants can't pay. But managing these properties is also an investment of time. Their opinions and views are solely their own. Most property managers charge at least 50% of the first months rent, but instead, Doorstead keeps all the rent of any extra days if it fills the spot before the guaranteed due date. Avanta Ventures, Madrona, MetaProp, and M13 participated in the round, which brings the company's total funding to $37m. Additionally, we will be doubling our team to 50 FTE and plan to expand our service to 5 major markets across the U.S by the end of 2021. Eric Wu and Tom Willerer (former CEO/CPO of Opendoor, respectively) are also backers. 3. Searching for someone to fill a home takes work, while property managers are incentivized to price your place too high, leading to costly vacancies. "So we make sure the tenants we approve have really good income, credit, background check and reference check as well," said Doorstead co-founder Jenn Bronzo. Get guaranteed rent for your home from new startup Doorstead by Taylor Soper on January 12, 2022 at 8:16 amJanuary 12, 2022 at 8:16 am. At Doorstead, we firmly believe in leveraging automation to provide better products and services to our homeowners and renters. Doorstead - Crunchbase Company Profile & Funding After speaking to customers, they heard numerous stories of everyday people who were over-promised rents, incurred months of vacancies, and had to sell their properties because they couldn't pay their bills. As a result, more than a third of single family rental owners turn to property management services for help. So, the owner still gets the rent, and we pay the difference out of pocket, or it cuts into our 8%.. Get paid each and every month, no matter what.

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