Introducing: Ultimate Rental Protection & Exclusive Benefits - Elevate Your Brazen Experience Today! 

Subject: Exciting New Benefits and Insurance Policies for Brazen Management Clients

Dear Brazen Management Clients,

At Brazen Management, our commitment to continuous improvement and innovation has always been at the heart of what we do. Our goal is to deliver unparalleled benefits that not only make property management seamless but also provide peace of mind.

We are thrilled to unveil two new offerings to enhance your experience and provide added financial protection:

Rent Payment Insurance Policy:

• Coverage: This policy covers rental income if a tenant defaults. Depending on the amount of protection you purchase, the insurance will cover unpaid rental from the point of default up to eviction or the number of covered months.

• Duration: The policy covers the entire term of the lease. However, you'll need to renew it with every lease renewal.

• Premiums: They are based on the tenant's credit score and the months of protection you seek. This is a one-time payment, valid for the entire lease term. We recommend gauging the standard eviction duration and purchase coverage accordingly. While the premium varies based on coverage and the tenant's credit score, it typically ranges between 1/4 to 3/4 of a month's rent. 

• Claims: You can submit claims once you regain possession of the property, either post-eviction or when a tenant vacates.

• Payment: Either the tenant or landlord can bear the premium cost. You might consider asking the tenant to pay for this insurance instead of a traditional security deposit. With this approach, you're more comprehensively insured.

• Application: Tenants must submit an application. Although a majority of applicants are approved, this step ensures all parties understand the terms. This insurance can be a game-changer, allowing you to be comfortable accepting tenants with varying credit scores without compromising your financial safety.

• Eligibility: Available to anyone renting out an apartment through us or signed up for our management services. If a tenant opts for insurance over a security deposit, coverage can include up to 1.5 months of a security deposit for potential damages in addition to the lease term.

• For Existing Tenants:  You may opt in for existing tenants. However, landlords need to take in consideration that existing tenants will most probably not agree to pay the premium as existing tenants typically see no direct benefit. For new leases, tenants, especially those with sub-optimal credit scores, often find this option attractive as it simplifies their apartment hunt.

Owner's Benefits Package:

• Coverage: For a monthly fee of $40, ensure up to 2 months of rent and receive a $1000 reimbursement towards eviction legal fees.

• Additional Benefit - Rent Advance: Avail an upfront payment of 12 months' rent for a Minimum fee. It's a no-risk proposition, even if your tenant defaults.

• Eligibility: All New tenants are eligible, Regardless of their payment  history. For Existing tenants, You May opt in; however, properties with recent late payments on our system will not qualify.

• Exclusively for clients utilizing our management services.

• Duration: This package is based on a recurring monthly fee.

Comparing the Two:

• Payment: Rent Payment Insurance is a one-time charge, while the Owner's Benefits Package has a monthly fee.

• Application: Rent Payment Insurance requires a tenant application and approval, while the Owner's Benefits Package does not.

• Coverage: Renter's Insurance can cover up to the entire lease term  plus potential coverage for 1.5 months' security deposit. In contrast, while the Owner's Benefits Package covers up to 2 months' rent and $1000 in legal fees.

• Eligibility: Both offerings are available for existing and new tenants, ensuring flexibility and adaptability to your needs.

We're excited about the potential these offerings present and encourage you to consider how they can further elevate your property management experience with Brazen Management. If you have questions or would like to know more about either of these benefits, please do not hesitate to reach out.

Thank you for entrusting us with your property management needs. We're here to serve, support, and innovate on your behalf.