Three ways to partner.
Gray Property can work with an owner as a manager, a revenue partner or the operator leasing and subletting the home.
Management only
The owner keeps the rental income and vacancy risk. Gray Property earns an agreed management fee.
Revenue share
Owner and Gray Property share income, costs and upside according to a written formula.
Lease and operate
Gray Property pays an agreed owner amount, furnishes and manages the home, then sublets it to residents.