Convert your rental property to Co-Ownership and gain benefits of reduced tenancy risk and expenses.
Get equity back as cash deposits from residents to help sail through market turmoil.
Save about 50% in selling costs whenever you sell the property to the tenant in place.
Explore howOur software configures your co-ownership terms and manages all payment transfers to and from your co-owner.
Keep tabs on your incoming payments, returns and co-ownership share in your account dashboard.
Gain partners who share maintenance costs and treat your property as well as you do because they have a stake in the home as your co-owner.
List your rentalKey sources, qualifies and matches aspiring homeowners with your property. It’s a hassle-free process that results in your home being occupied by a motivated resident who acts like an owner and provides a steady revenue stream as well as an upfront deposit.
Get startedCustomer waitlists (10X more leads than available homes)
Automated payments and remittances
Digital onboarding, screening and contracting
Monthly reporting
How is co-ownership different than renting my homes?
With co-ownership, Property Owners get a resident partner that is invested in their property, both financially and from a pride of ownership perspective. Key’s Homeownership-as-a-Service (HaaS) program helps owners achieve higher net operating income (NOI) by driving down costs through; lower vacancy and turnover rates, lower costs of turnover and shared repair & maintenance costs, improving interim liquidity and better monitization of their assets.
What is the relationship between the Property Owner and Key?
Key is a service provider to, and agent for, Property Owners (investors). Key is party to each Owner Resident Agreement, as Agent for and on behalf of the investor. Key manages the co-ownership relationship, provides the platform and product, along with regular invoicing and reporting to co-owners. Key also manages the calculation, processing and remittance of monthly payments. If the Owner Resident has a request or needs help, they reach out to Key.
What are the main benefits co-ownership offers to Property Owners?
Property Owners benefit from better residents with Key. We have a standing waitlist of qualified people waiting to become Owner Residents. As co-owners, the Owner Residents are incentivized to treat the home like their own, which makes it easier to manage and lowers the risk for Property Owners. The Owner Residents also stay longer and share pro-rata in repairs and maintenance, which delivers lower OPEX and vacancy for Property Owners. Key’s digital platform also simplifies the process of managing Owner Resident background and credit checks, monthly payments, property management, and more all in one place.