New platform offers landlords future rent for present projects
A new proptech play is giving investors who are short of cash for a renovation or other projects a lifeline - access to a year’s worth of rental income paid in advance.
Potential projects can become reality sooner under a fintech platform Futurerent. Image: Shutterstock (Image source: Shutterstock.com)
A new proptech play is giving investors who are short of cash for a renovation or other projects a lifeline - access to a year’s worth of rental income paid in advance.
Sydney-based proptech company Futurerent will pay residential landlords with tenanted properties up to two years of their rent up front, capped at $100,000.
The initiative even extends to investment property owners who have yet to secure a tenant.
According to Godfrey Dinh, F…
