Underperformance guarantee — vs your prior 12 months
You provide your last 12 months of net rental revenue (your 1099 or owner statements). Berylus commits in writing to deliver at least 90% of that monthly average. If we miss the bar in any month, your management fee for the following month is waived.
The fine print, in plain English
- Eligible after 6 months of service.
- Calculated on a rolling monthly basis vs your trailing-12-month average.
- Maximum one waived month per quarter.
- Excludes documented force-majeure events: natural disaster, city ordinance bans, owner-initiated calendar blocks.
- Owner provides 1099 / prior statements for the baseline. Berylus does not estimate your prior baseline; you set it.