Dongnae, a better way to rent

Why should I list my property with Dongnae?

Dongnae is a professional property management company that currently has KRW300B worth of assets under management. Homeowners can trust Dongnae with it's rental management system that increases the value of the home and provide steady income with our management solutions. 1) Rental Guarantee Homeowners do not have to worry about vacancy losses anymore. Under the rental guarantee program, homeowners are guaranteed to be paid a fixed minimum amount regardless of the actual leasing situation. Submit your property for review now and never worry about vacancy risks ever again. 2) Collections Guarantee This program is specially designed to take away the stress of missed or late payments from the homeowners. Under Dongnae’s management, homeowners are assured that rent will be paid on time. 3) Property Management Dongnae takes over all communication duties with the tenants. From contract to move-out and everything in between, Dongnae takes responsibility for all tenant communications. Have an ease of mind even when you're overseas. We also guarantee restoration of your property back to its original condition upon lease expiry, leveraging our 3D scanning technology. With Dongnae, passive income does not require active management.

What is the demographic of tenants who live in Dongnae FLEX?

Dongnae FLEX tenants include foreigners who have relocated to Korea and local individuals who are business owners or management level employees. While we can provide basic information such as number of residents, occupation, etc. upon request, we do not provide any other specfic tenant information that may intrude on individual privacy policy. For local residents we conduct a credit check to ensure the legitimacy of the renter.

How long is the contract period?

In general, 2 years is the available contract period. We differentiate ourselves from those in the industry that focus on short term contracts and do not operate as vacation rentals. Because the housing law that guarantees the tenant’s right to the renewal of the previous lease contract does not apply to Dongnae, extension of the contract is available for negotiation with the homeowner at the end of the 2 year contract period.

Can I list my property on Dongnae.com?

Yes, absolutely. Please contact us via our website, email (hello@dongnae.com), or phone (1577-7413) and our designated Dongnae manager will assist you. After consultation, a physical inspeciton of your property will be scheduled and a set deposit, monthly rent amount, and move-in date will be negotiated. If you decide to list your property with Dongnae, you will be able to receive a portion of the deposit immediately and a contract can be completed within a week. Please contact our Dongnae manager for details.

Can I trust Dongnae?

Yes, you can! Dongnae is backed by top local and global investors and have secured KRW40B ($36M) in startup funding, one of the largest early stage fundings secured by a proptech company in Korea. We also work with top tier banking institutions such as Hana bank (top 3 in Korea) as well as a government-owned insurer (SGI, top 3 globally) to protect our customers.

Rental Guarantee

Collections Guarantee

Property Management

Reliable Income Stream

Minimize Expenses

Beyond Property Management