Renters
(Covestors)

A “Covestor” is a former renter that becomes qualified and can purchase a percentage of ownership as a co-owner and is responsible for all of occupancy issues that have plagued property owners and investors. THE CAPITAL INVESTOR’S PROBLEMS ARE GONE.

A large number of potential buyers cannot squeeze into a lender’s Qualification Requirements because of typical life circumstances – divorce, a job change, un-provable or erratic income, student loans, tax liens, even short sales, and foreclosures. Many are former homeowners seeking a second chance at stability and dignity now – without loan qualification.

Their percentage of ownership has remained unchanged for 70 years.

Landlords and Investors benefit by the on-site management function of the Covestor and Covest Properties relationship management function that continues for the life of the Agreement.

Equity Sharing provides healthy relationships, better investments, decreased involvement and occupancy certainty. It is a very appealing solution for heirs of property owners that would ordinarily sell or default into a Delaware Statutory Trust.

It works because the Parties are both creators and participants. Every Equity Share Agreement is unique to the needs of the Parties. In addition, Covest Properties provides on-going problem solving and mediation support to the parties for the duration of the Agreement.

AND… There are multiple exit strategies.