The document discusses a property management solution developed by Timothy Hamilton, which addresses issues such as maintenance, rent collection, and tenant turnover affecting 125 million U.S. households. The service, designed for both landlords and renters, offers features like background checks, automated rent collection, and maintenance warranties, with a focus on easing the management burdens for landlords. The financial projections indicate significant market potential, particularly targeting millennials as renters and boomers as property owners.

1. Simplifying Property Management
Timothy Hamilton, Founder
tim@rentlit.com
www.rentlit.com

2. 125M Households

3. 125M Households
43M Renter Occupied

4. 125M Households
43M Renter Occupied
23 M Privately Owned

5. Maintenance Rent Collection Tenant Turnover

6. How do they solve these problems today?
Maintenance Rent Collection Tenant Turnover

7. How do they solve these problems today?
Maintenance Rent Collection Tenant Turnover

8. Motivation
2 + Years in Development
Founder’s Commitment

9. Motivation
50% of all renters are cost burdened
25% pay more than 50% of income in rent
2 + Years in Development
Founder’s Commitment

10. Find Tenant
Application
Background Checks
Create a Lease
Tenant Turnover

11. Automatic or Manual
ACH – Debit - Credit
Rent Collection

12. Flat Monthly Rate
Appliances & Systems
Completely Managed
Maintenance

13. Pricing
Property Management Maintenance Service Maintenance Warranty
Monthly Price PP: $5 $15 $75
Unlimited Property Advertising: x x x
Listing Photos: 4 Unlimited Unlimited
Tenant Application: x x x
Attorney Reviewed Lease: x x x
Automated Rent Collection: x x x
Criminal Background Checks: x x
Eviction History: x x
Credit Report: x x
Featured Listing: x x
Approved Contractors on Call: x x
Appliance and System Warranty: x

14. Average fee $13 gross/mo
= $6 net/mo x 23M P
= $138M/mo
= $1.7B annual market
Market

15. Margins
24 month Churn Rate @ $13 month =
LTV of $312 gross
AcquisitionLTV ACH Costs Gross Margin
$12
$127
$25
$312
FY 2017 FY 2018 FY 2019 FY 2020
Revenue $122,000 $1,500,000 $3,500,000 $7,000,000
Operating Income $33,000 $750,000 $1,750,000 $3,500,000
Financial Projections:
Maintenance
$134
$14
BG

16. Market Opportunity
Unique Timing
Millennials are Renters
Boomers are Landlords

17. Market Approach
First Local then Global
300 Brand Ambassadors
Content Marketing
Email Campaigns - Funnel
Mailers
Video Ads
Web Marketing
Realtors

18. The Vision
We help landlords self-manage their rental properties.
Chasing the rent check and fixing leaky toilets were just removed from your “to do” list.