Let Us Rent, Manage and Protect Your Home

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Let Us

Rent,

Manage

and

Protect

Your

Home

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Hello

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W

elcome to Renters Warehouse, one of the largest and most awarded property management companies in the United States. We’re here to help you rent your property with ease and confidence. How? By making it simple for you.

We are a full service company, taking care of everything from finding quality tenants and collecting rent, to scheduling maintenance and completing legal paperwork. In short, our Professional Landlords serve you. They represent you with your clients and keep you updated along the way. We’ll be the landlord that you — and your renters — love.

Your home is more than just a rental to us, and your

experience is our absolute priority. With our industry-leading package of protection services, you can rest assured that your property is in the very best hands.

Ready to love your landlord? Read on about four key steps to get you started.

We look forward to building this relationship!

Kevin Ortner

CEO, Renters Warehouse

Step 1:

Free Rental

Price Analysis

Step 2:

Marketing and

Tenant Matching

Step 3:

Property

Management

and Cash-Flow

Step 4:

Extra Protection

$

Recognized for Excellence

Fun

Facts

CEO named Top 5 Entrepreneur of 2010

by Entrepreneur Magazine.

CEO named Young Entrepreneur of 2010

by Minneapolis St Paul Business Journal.

Voted Best Small Business to Work for

2010, 2011 & 2012

by Minneapolis St Paul Business Journal.

Named fastest growing real estate company in

Minnesota, and #3 in the United States

by Inc. Magazine.

Named #132 as fastest growing privately

held company in America

by Inc. Magazine.

As Seen & Heard On:

Fun

Facts

CEO named Top 5 Entrepreneur of 2010

by Entrepreneur Magazine.

CEO named Young Entrepreneur of 2010

by Minneapolis St Paul Business Journal.

Voted Best Small Business to Work for

2010, 2011 & 2012

by Minneapolis St Paul Business Journal.

Named fastest growing real estate company in

Minnesota, and #3 in the United States

by Inc. Magazine.

Named #132 as fastest growing privately

held company in America

by Inc. Magazine.

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Why

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I

If you’re a homeowner considering a move, for any reason, Renters Warehouse is the FIRST place to start. Our Professional Landlords can help you evaluate whether renting or selling is right for you. Owning and renting property is increasingly a choice investment for some 22 million Americans. In fact, the benefits of renting oftentimes outweigh the advantages of selling your property, even if your mortgage payment is more than incoming rent.

Here are some reasons why:

*Renters Warehouse always recommends working with a licensed tax professional to help you navigate the tax advantages of real estate investment. Renters Warehouse cannot give tax advice as we are not certified tax professionals.

Tax benefits, long-term equity, recession proof cash-flow and flexibility...

the ongoing benefits of renting continue to add up and can trump a

one-time profit (or loss) from selling your home.

Rental demand

and profits for

residential

properties

are increasing.

Renting can

help you avoid

a potential loss

from selling in a

weak market.

Landlords enjoy

long-term equity

and profit resulting

from owning

real estate.

Rental property

cash-flow is

recession-proof,

helping to protect

you against

inflation.

Owning and

cash-flowing on rental

property can be a

great way to reduce

your personal taxes*.

Real estate

investment

acts as a forced

retirement plan

over time.

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2

3

6

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4

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Tax

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O

wning or managing rental property can be a great way to add income and reduce your

personal taxes. Understanding which tax deductions you may qualify for can help reduce your taxable income* considerably. Sounds great, doesn’t it? If you’re ready - let’s get started!

Potential Tax Deductions:

Management Fees

Renters Warehouse fees for our Tenant Placement, Property Management and

Protection Plan (i.e. insurance premiums) services.

Maintenance Costs

Reasonable maintenance expenses for repairs. These often include paint, plumbing,

fixing drywall and replacing doors, locks or broken windows (although associated

upgrades may not qualify).

Depreciation, Travel & Legal Fees

Select rental property depreciation costs, associated travel costs, and legal and

professional service fees.

Interest

Interest on your mortgage or credit cards used for management purposes.

*Renters Warehouse always recommends working with a licensed tax professional to help you navigate the tax advantages of real estate investment. Renters Warehouse cannot give tax advice as we are not certified tax professionals.

Other tax deduction bonuses and must-knows:

• How much of your taxes are reduced depends on your income and filing status.

• You can deduct up to $25,000 in losses if your modified adjusted gross income is $100,000 or less.

• You can deduct some of the lost value that occurs on a property through depreciation. Use Form 4562 to calculate depreciation. • Be warned though, Passive Activity Loss Limitations limits how much loss you can use to reduce your income.

• You cannot depreciate the value of the land.

Sample

Annual Savings

Calculations

Annual Rent

$20,000

Annual Expenses

(35%)

($7,000)

Net Operating Income $13,000

Mortgage Interest

($12,000)

Net Income

$1,000

Depreciation Expense ($8,500)

Taxable Income (Loss) ($7,500)

Potential Savings $750 - $2,970

(Assumes 10 - 39.6% federal tax bracket rates; state income tax not included)

This sample calculation shows a $7,500 loss which you would then enter into your IRS 1040 form to reduce your taxable income, therefore reducing your taxes. Potential annual savings depends on your income tax bracket.

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Free Rental

Price Analysis

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Bullseye Pricing

Smart pricing means minimal time on the market — and more dollars in your pocket. With our free Rental Price Analysis Tool, you’ll find it easy to hit that rental pricing sweet spot where the property goes fast and you make the most money possible.

This little report takes millions of local rental market factors into account to hone you in on the rent you should be charging. From square footage, room details and area rental rates to market trends, neighborhood variables, local comps and more, we take it all into account to ensure you get exactly the rent that the market will bear. Here’s just a sample of the intelligence your free report will provide:

• Low, median, high and Section 8 rent benchmarks (with confidence score) • Local area market strength

• One-, three- and 12-month rental rate trends

After your analysis is complete, we’ll put our trained eyes to work with a personal tour of your property. This final step of our recommendation is where we pay close attention to things like property condition and preparation (read on for useful tips for getting “rent-ready”), amenities, length of lease and other factors. Why all the fuss? Because we want you to get the highest rent possible, as quickly as possible. This is how we’ll get there together.

Go to

RentersWarehouse.com to complete

your Free Rental Price Analysis.

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Marketing and

Tenant Matching

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Certified Tenant Match & Warranty

™

We provide the qualified candidates. You decide who rents. Our tenant matching process is very selective,

completely comprehensive and fully rest-assured-worthy, delivering an average tenant placement time of just 17 days.

Bottom line, we’ll rent your property fast. Within 24 hours of our agreement, we put our exclusive

RentFeederTM_{technology to work, marketing your property on more than 230 websites ($400+ monthly value)}

and connecting you with countless potential renters. Then, as part of our Certified Tenant Match & Warranty™ process, we:

1. Accompany all prospective tenants through your property.

2. Complete a thorough background and credit check on each potential tenant. 3. Prepare and assist you with all lease documents, inspections and rental licensing.

4. Provide a FREE six-month Tenant Warranty™ on all placed tenants, a policy that can be extended to up to 18 months with our property management services and an extended lease. So if your tenant defaults for any reason, we’ll provide additional tenant placement services for FREE.

Powerful technology to promote your property on over 230 websites.

Minimize your risk. And get high quality tenants fast with our Certified Tenant Match and Warranty™ program.

Lease 0–17 months 1 month’s rent Lease Options 2 months’ rent

Lease 18–35 months 1.5 months’ rent Rent to Own 2 months’ rent

Lease 36+ months 2 months’ rent Lease Signing/Renewals $350 Flat Fee

Certified Tenant Placement

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$

Property Management

and Cash-Flow

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Professional Landlord Services

Flexible. Efficient. Always-at-the-ready. Let us lighten your rental load. For a flat fee of $80 per month (or less for multi-unit properties), we will:

• Collect rent — Fast. Nimble. Effective. Our team of rent collection experts work ‘round the clock to pursue payment in full, on time, every month. We manage rental income using FastFundsSM, accepting virtually any form of payment (while encouraging auto withdrawal) and sending free direct deposits to your bank account. Then we provide monthly statements for your records.

• Coordinate all maintenance requests — All day. Any day. Every day of the year. We’re on call and available 24/7/365, so you don’t have to be. And always provide competitive bids.

• Handle legal paperwork — Our custom lease is 19 powerful pages long — the most air-tight in the industry to give you max protection. And anything else that involves fine print and processing — lease renewals, modifications, terminations, Certificates of Rent Paid (CRPs) — we’ll take care of it.

• Assist with compliance — We’ll help you stay up-to-code and up-to-date when it comes to mandated city rental licensing and inspections. And we’ll manage all associated projects in a timely and responsible fashion. • Carry out evictions and enforce leases — Trained to handle any challenge, our Professional Landlords facilitate every tenant situation with the utmost care and attention. Rest assured that less than 1% of our placed tenants ever need to be evicted.

• Protect your property — In addition to move-in and move-out video inspections of your property, we conduct random and routine in-person property inspections to help ensure appropriate tenant maintenance. • Issue reports — Want to track your progress? Proactively grow your business? We’ll issue customized year-end reports, like profit and loss, as well as detailed monthly accounting statements.

• Extend your tenant warranty — From 6 months to 18 months (with an extended lease) by using our Professional Landlord Services for even more coverage. And even more confidence.

ALL for just

$80

per month

FLAT FEE

Other Rates & One-Time Fees:

• Multi-unit Property Pricing Discounts:

2–4 Units $70/month/unit 5–10 Units $60/month/unit 11+ Units $50/month/unit • Account Setup — $99 per unit ($199 if property already has placed tenants)

• Mandated City Rental License Inspection — $75

• Mandated Year End CRP (Certificate of Rent Paid) — $10 (charged in January) • Eviction Administration — $199 (as necessary)

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Extra Protection

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Rent with Confidence and Assurance

There are a lot of unknowns when it comes to renting a property. Our optional protection plans help you prepare for whatever might come your way. From wherever it might come.

Property Protection Plan

Accidents, unfortunately, happen. And when they do, it’s best to have coverage that goes beyond your standard homeowners policy to protect you and your finances. Coverage includes:

• $100,000 Property Liability Coverage

• Accidental tenant damage caused by water, fire, smoke, explosion, falling objects, riot, civil commotion or sewer/drain/pump backup • $100 deductible

• 2x additional property inspections

• Cost: $20 per month

Eviction Protection Plan

Evictions can be costly and super detailed. Good news is that we evict less than 1% of all placed tenants each year. Still, should an eviction need to happen, rest assured your Eviction Protection plan will cover the following headaches and fees: • Paperwork preparation and filing

• Meetings with Sheriff to serve papers • Multiple trips to court

• All associated court & filing fees up to $800

• Cost: $15 per month

Our Most

Protection

Package:

Combine Property

and Eviction Protection

Plans for only

$30

per month!

Bundle

and Save

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Why

Us?

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W

hy sell your home for a small, one-time gain when you can leverage your rental property for future wealth? And did you know that costs to get your home rent-ready, everyday property management fees and routine maintenance expenses are generally tax-deductible?

Let us help you cash-flow for the long haul and with total peace of mind. We know the local rental business. From marketing and management to maintaining and renewing, our focus is helping you have a smooth, profitable rental experience. No headaches. No worries. Total comfort and confidence. With our large network of Professional Landlords, available 24/7/365, we offer honest service and unparalleled value at a competitive price. Big Value Free Rental Price Analysis Competitive Tenant Placement Fees Low Monthly Management Fees ($50–80) One-time Set-up Fee of $99 ($199 if already rented) Trusted Partner No Upfront Fees or Obligations No Marketing or Cancellation Fees Non-exclusive Contracts Powerful Results Largest Marketing Exposure Robust RentFeederTM Technology 17-Day Tenant Placement Average Risk-Reducing Services Certified Tenant Match and Warranty™ Video and On-site Inspections Extra Protection Plans with Bundle Savings Professional Vendor Network In-house, 24/7/365 Maintenance Services Insured and Licensed Real Estate Brokerage

For just about

$2.67 a day,

save yourself

over 192 hours

in Property

Management.

What’s

Your

Time

Worth?

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Did

You

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Compare & Save

We’ll even help you shop the competition.

Competitors

Fees Upfront YES NO

Cancellation Fees YES NO

Management Fee $100+/mo. or 10% $50–80/mo. flat fee

Exclusive Contracts YES NO

Cancel Anytime NO YES

Warranty Tenants NO YES

Extra Protection Plans NO YES

Cover Entire Metro NO YES

Advertising on # of Websites 52 230+

Average Market Time 72 days 17 days

Properties Managed Average 200 5,500+

Other Locations NO Nationwide

Member of NARPM NO YES

Licensed & Insured NO YES

Very Professional

— They managed our 3 bedroom residential property for 18 months. If there was a problem, they called, asked how we wanted to handle it. They took care of everything right away, no waiting. They found us a great renter, we always received the rent on time. The renter left the property in better shape than it was in when it was first rented.

We highly

recommend

Renters Warehouse and our agent Pete Shrader. He was prompt in answering questions and phone calls, and walked us through the process of renting out our townhouse. Pete kept us informed during the whole process, and it was surprisingly easy to get a signed lease in just 13 days on the market.

As Seen & Heard On:

See more reviews at:

RentersWarehouse.com/Reviews

Fun

Facts

CEO named Top 5 Entrepreneur of 2010

by Entrepreneur Magazine.

CEO named Top 5 Entrepreneur of 2010

CEO named Young Entrepreneur of 2010

Voted Best Small Business to Work for

2010, 2011 & 2012

Named fastest growing real estate company in

Minnesota, and #3 in the United States

by Inc. Magazine.

Named #132 as fastest growing privately

held company in America

by Inc. Magazine.

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Ready

to

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Ready… Set… Rent!

From analysis to pricing to perfect match and done deal, Renters Warehouse will apply years of local market experience to hook you up with the best property pricing performance possible.

But this is not only about us. There are many things you can do at your property to make a great impression and secure top dollar. Below are six — and if you’d like some extra elbow grease, we know tons of local vendors who charge reasonable rates. Just ask!

Wowing Renters: 6 Easy Ways

1. Get fresh. Windows, screens and window treatments all need your undivided cleaning attention. Walls?

Make sure you remove any hooks, nails or personal photos. Fill in the holes. Freshen up with paint. Celebrate the chic.

2. Notice the crannies. That’s where the dust and dirt hides. After you’ve cleaned the floors, swept the

carpets and dusted the baseboards, don’t forget the usual suspects—heat vents, door panels, overhead fans and woodwork.

3. Shape up the kitchen, shiny up the bathrooms. Plain and simple, these two places are key in upping

your rental value. Cabinets, appliances, fixtures, tubs, showers, floors and sinks all deserve a good scrub inside and out, upside and down.

4. Store space, not junk. Show off how big your basement, garage or closet is by tidying up and cutting

clutter. Get organized. Get neat. And remember to take out the trash.

5. Test. Test. Test. Your light fixtures, smoke alarms, switches, outlets, buttons, buzzers, dingers and

anything else that needs to be in good working order should be.

6. Create curb appeal. First impressions are critical. Plant flowers. Remove weeds and leaves. Replace

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Lease

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W

hy worry about the hassles, stress and costs of tenant turnover year after year? Consider securing high quality tenants for the long haul, especially when Renters Warehouse offers extended Tenant WarrantyTM_{coverage with all long-term leases under management*.}

Save Money

• Avoid annual tenant placement fees. • Reduce the frequency of typical tenant turnover costs like cleaning, changing locks, maintenance and repairs.

• Lessen the risk of potential vacancy costs.

Average 60% savings on

**3-year leases = $3,700*!**

More Peace of Mind

Extended Tenant Warranty coverage schedule:

Applies only to new tenant leases with

property management services.

*Assumes $1,250/month average rent, $600 average annual turnover costs and 1 month of vacancy

The Benefits of Long-Term Leases

“If your tenant defaults for any reason,

we’ll replace that tenant for FREE!”

0-17 Month Lease:

18-35 Month Lease:

36+ Month Lease:

9 Months

12 Months

18 Months

Extended Leases

Just Make $ense.

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What

Happens

Next?

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W

e move quickly and efficiently to turn your real estate headaches into immediate cash-flow and you’re included every step of the way. It goes like this:

• We list and market your property within 24 hours of signing our agreement. • We begin showing your property, providing you with weekly updates.

• We conduct background checks on prospective tenants, then present them to you. • You choose and approve your tenant — we write up a lease.

• You verify that your insurance policy is valid for a rental property (see below).

• We schedule a video inspection prior to the tenant’s move-in (with property management services only). • Our accounting department processes your paperwork within 20 days.

• You receive a complete agreement packet via email. • You sit back and enjoy the rental income.

Rental Property Insurance Requirements

Homeowners and rental property insurance are similar but they have important differences. A rental property policy is written specifically for a tenant-occupied (vs. owner-occupied) unit. So you’ll need to switch to the correct type of policy to cover possible property damage from renters. While we’re fully licensed and bonded with

general liability insurance, we cannot legally work at your property without being added to your specific policy. Good news is that the cost of a rental policy is usually less since it won’t need to include your personal property. Making the switch is super quick too (usually just a 15-minute phone call), with no paperwork or signatures required. And if paying through an escrow account, your policies will just swap out and shouldn’t greatly affect your monthly payments.

RentersWarehouse.com

952-470-8888

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Pricing

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CERTIFIED TENANT PLACEMENT

Leasing Fees Based on Lease Length

Other Rates & One-Time Fees:

• Multi-unit Property Pricing Discounts:

2–4 Units $70/month/unit 5–10 Units $60/month/unit 11+ Units $50/month/unit • Account Setup — $99 per unit ($199 if property already has placed tenants)

• Mandated City Rental License Inspection — $75

• Mandated Year End CRP (Certificate of Rent Paid) — $10 (charged in January) • Eviction Administration — $199 (as necessary)

PROPERTY MANAGEMENT

Monthly Professional Landlord Services: 1 Unit $80/month/unit

ADDITIONAL PROTECTION PACKAGES

Property Protection Plan

Accidents, unfortunately, happen. And when they do, it’s best to have coverage that goes beyond your standard homeowners policy to protect you and your finances.

Coverage includes:

• $100,000 Property Liability Coverage • Accidental tenant damage caused by water, fire, smoke, explosion, falling objects, riot, civil commotion or sewer/ drain/pump backup

• $100 deductible

• 2x additional property inspections

• Cost: $20 per month

Eviction Protection Plan

Evictions can be costly and super detailed. Good news is that we evict less than 1% of all placed tenants each year. Still, should an eviction need to happen, rest assured your Eviction Protection plan will cover the following headaches and fees:

• Paperwork preparation and filing • Meetings with Sheriff to serve papers • Multiple trips to court

• All associated court & filing fees up to $800

• Cost: $15 per month

OUR MOST POPULAR PROTECTION PACKAGE Combine Property and Eviction Protection Plans

Only: $30

per month!

Bundle and Save 15%

Lease 0–17 months 1 month’s rent Lease Options 2 months’ rent

Lease 18–35 months 1.5 months’ rent Rent to Own 2 months’ rent

Lease 36+ months 2 months’ rent Lease Signing/Renewals $350 Flat Fee

No

Hidden

Fees.

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