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Category Archives: Rentals

The Bombshell: Facebook is Coming to Real Estate

by Drew Meyers on 12:04 pm November 14, 2017

It’s finally happening. Facebook is making a massive push into real estate by expanding the real estate listings portion of their marketplace. (via HousingWire). Obviously Facebook’s traffic is incredible. 2 billion actives a month. That dwarfs all other real estate competitors combined (Zillow, Trulia, Realtor, Redfin, Craigslist, etc) by at least 5x and more like 10x. While for sale listings will remain in slow growth mode, Facebook is sourcing rental listings from Zumper and Apartment List — meaning they are going to have a huge amount of rental … Read More »

Rezi, and iRenters

by Drew Meyers on 10:30 am October 28, 2017

I saw Rezi pitch at the NYC Real Estate Tech meetup a couple weeks ago. If you look at their home page, you’ll see their value proposition is as follows: Rezi is the rental equivalent of Opendoor. Cash is delivered almost instantly. Landlords are paying for peace of mind, security, and speed. It begs the question — are “iRenters” the future of the rental industry?

AirBnB Continues to Slowly Enter “Real Estate”

by Drew Meyers on 9:30 am October 17, 2017

A few piece of news to note on the AirBnB front… Partnered on an apartment complex optimized for home sharing. This gets them one step closer to being a major player in rentals, a trend I’ve written about a couple times. Via FastCompany. Starting tackling home improvements. Via They are going to start curating homes with AirBnB Select (coming next year). Via Engadget. Launched an API program (for hosts, not the demand side of the market). Via ProductHunt. What are they going to do next?

AirBnB and Apartment Rentals

by Drew Meyers on 10:03 pm September 28, 2017

In 2013, I said the following: Zillow, Trulia, and Move should make sure they don’t get blindsided in the rentals space (by AirBnB) a few years from now. I won’t say “I told you so”, but…there’s a bit of news on the “AirBnB and rentals” topic out of Florida. Read that here. It seems to cement what I’ve been saying for years — AirBnB will be Zillow’s biggest competitor in rentals over the long haul. Why? AirBnB has what no one else as — home owner engagement. … Read More »

Cozy and Renter’s Insurance

by Drew Meyers on 10:49 am August 26, 2017

Cozy released renter’s insurance last week. A seamless way for renter’s to get renter’s insurance, and landlords to verify their tenants are actually complying with their lease agreement. The percentage of renters who actually carry renter’s insurance is quite low. From the press release: we’ve seen evidence that less than 10 percent of renters who rent from independent landlords actually carry renters insurance. 10% seems a tad low, but the percentage is likely not far off. I’ll be honest, and admit I didn’t carry renter’s insurance while I was renting … Read More »

Can A Yelp/Zagat for Apartments Work?

by Drew Meyers on 9:30 am July 20, 2017

Congrats to long time reader Yale Fox, the CEO of RentLogic, for the writeup in Bloomberg. I totally believe there to be interest in dirty laundry being aired about apartments (units & buildings) a tenant is about to spend thousands of dollars a month to live in. That said, I’m not without concerns on the business side… Bloomberg picks up on my core question: The next challenge will be to find a business model that allows Rentlogic to wring a profit out of its system. The answer: … Read More »

Cozy Pay = Brilliant

by Drew Meyers on 1:04 pm May 19, 2017

Cozy (previous coverage) released Cozy Pay… How it works: Set up your monthly payments No more worrying about how to get your rent to your landlord every month. Just connect your checking account and tell us where your payment should go. We’ll take care of paying your landlord Once you’re set up, your landlord can sign up to receive your rent easily via an electronic deposit. Otherwise, we’ll mail your landlord a check drawn against your checking account. We’ll keep you in the loop Every month, we’ll send … Read More »

Meet the RE Tech Entrepreneur: Alex Lubinsky from Rentberry

by Drew Meyers on 4:40 pm April 4, 2017

In our latest real estate tech entrepreneur interview, we’re speaking with Alex Lubinsky from Rentberry. Rentberry is a competitive bidding platform for rentals, and were featured in the Wall Street Journal this weekend. Without further ado… What do you do? Rentberry is a platform designed to streamline rental application process for everyone involved and bring transparency to the industry as a whole. We achieve the following goals by offering online solutions to rental tasks, letting tenants see the demand for properties they like and make educated … Read More »

The Biggest “Rental” Platform You’ve Never Heard Of

by Drew Meyers on 9:15 am March 21, 2017

AirBnB. Okay, okay. You’ve likely heard of them. Unless you’ve been under a rock for the past 10 years. But you don’t think of them as a long term rentals company/product. If you’re like the rest of the world, you think of them as a travel company. For years, they’ve been one field in their database away from being one of the largest rental platforms in the world. A couple weeks ago, there was a Bloomberg article referring to their potential expansion into long term … Read More »

Building Community in Apartment Buildings

by Drew Meyers on 12:14 pm February 22, 2017

Given my own passion for community building, it’s probably no surprise I love everything about this mornings Evergrey newsletter (& blog post): People talk about how there’s no sense of community in their [apartment] buildings,” Stephanie said. “Not in the buildings I manage.” … Some years ago Stephanie saw a woman sitting by herself at a barbecue. She started talking to her, then invited her out to dinner with friends. Now the woman, who had just moved here from Chicago, is one of Stephanie’s closest friends. The … Read More »

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