From busy engineer to successful landlord: How Doorstead helped Prasenjit turn his home into an asset
Prasenjit, a full-time software engineering director, lives with his wife and kids in the Bay Area. Doorstead currently helps him manage his two-bedroom, two-bathroom condominium in Foster City.
The challenge Prasenjit faced
For Prasenjit to be able to work away from his living room, he wanted a larger home for himself and his family. Prior to moving into their new home, he and his wife had hopes of maintaining their current home and, ideally, transforming it into a valuable asset. He wanted to stay away from property management because he was so busy tending to his job and family. Prasenjit was concerned about a negative cash flow stemming from the two properties but also felt that the market wasn't suitable to sell their former house.
Doorstead's service gave me a clear picture of my financial breakdown as a first-time homeowner, which was incredibly valuable. It gave me the confidence to move into our new home while deciding to keep our old property.
Why Prasenjit chose Doorstead
Doorstead's unique guarantee service was the perfect solution for Prasenjit. He was thrilled with the guaranteed rent payments, the team's professionalism, and the quality of the work done on his property. The Doorstead team inspected the property, provided a list of items that needed to be fixed, and hired contractors to perform the work. The entire process was seamless and stress-free, allowing Prasenjit and his family to focus on moving into their new home.
I want a team to handle everything, they have their expertise, and I have my expertise in my own field. I don't want to manage myself; I want to let Doorstead handle it because they are the experts.
The results
Prasenjit advises homeowners to work closely with the Doorstead team to make sure they comprehend the timeframe for getting their property rent-ready and what steps must be made on their end. He is appreciative of Doorstead for assisting him in turning his former property into a rental income source so he could continue to afford the monthly payment.
I've had a positive experience with Doorstead's guaranteed rent payments, their team's professionalism, and the quality of the work done on my property.
At Doorstead, we're committed to providing hassle-free property management services that make life easier for our clients. We're proud to offer the Doorstead Guarantee, where homeowners get paid every month regardless of vacancies.
Speak with your rental advisor today to discuss your options.
Speak with your rental advisor today to discuss your options.
