How do I set up a Rent to Rent scheme in agentOS?
A Rent to Rent scheme in agentOS requires two landlord profiles: a "holding landlord" profile to receive the full rent from the tenant, and an "owner" profile to receive the lower guaranteed amount. Management fees are set to zero, with the difference between the two amounts serving as the agent's buffer or fee.
A Rent to Rent scheme is an arrangement where an agent guarantees a fixed amount to the property owner whilst collecting a higher rent from the tenant. The difference between the two amounts serves either as a buffer against non-payment (protecting the guarantee without drawing on other client funds) or as the equivalent of a management fee. Because the agent is effectively acting as the financial intermediary, the standard percentage or fixed management fee in agentOS is set to zero for these arrangements.
Setting up the two landlord profiles
To configure this correctly in agentOS, you need to create two separate landlord profiles for the landlord in question:
1. The Holding Landlord profile This profile receives the full rent collected from the tenant and holds any buffer amount. It is the primary profile linked to the tenancy for the purposes of rent receipting.
2. The Owner profile This is the profile representing the actual property owner. The lower, guaranteed amount is transferred across to this profile and paid out to the landlord from here.
⚠️ Incomplete source: The original article is truncated at this point. The steps covering how to name these profiles on paperwork and the full configuration process within agentOS are not available in the source material. This article should be updated once the complete content is retrieved.
If you need guidance on setting up a Rent to Rent arrangement in agentOS, contact the support team at support@agentos.com.