Fyxed seamlessly cross-references your properties with other similar properties in the geographic area and then indicates how much room there may be for rent increases with the appropriate upgrades. You decide which projects to fund and request the money!
One of your rental units is in need of updating, but the owner does not have timely funds available for the repairs. However, this owner is in luck - you have Fyxed financing and are ready to help them.
Cost of updated Kitchen
PM’s general contrator fee (10%)
Increased rent from upgrade
Management fee annual increase
Receive funds in 1-3 days
No owner credit check or guarantee
No rent? No payment!
60 DAYS PRIOR
to a vacancy our automated weekly statements show
that one of your units
has a $500 RFI*
Your contractor prepares an estimate for the cost of updating the unit how you determine will result in the rent increase
Going back to the app, you enter the project information and Fyxed prepares a custom, branded report showing the scope of work and installment options. You IMMEDIATELY send it to the unit owner
The owner picks a term that doesn’t disrupt their current cash flow, signs it, and sends back the report
You complete the funding request in the app and 3 DAYS LATER the money arrives in your account
When the unit becomes vacant, your contractor can start RIGHT AWAY, completes the project, gets paid on-time and the updated unit is ready to rent with no delay
