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Category Archives: Rentals

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 »

MetaProp NYC Demo: Flip

by Drew Meyers on 7:00 am February 20, 2017

We’ve covered Flip previously in one of our founder interviews. They presented at MetaProp NYC’s 2017 demo day. Having lived in numerous countries between 2010 and 2015 (among them Chile, Thailand, Spain, Ghana, Kenya), mobility and housing is something I spend an immense amount of time thinking about. Horizon is a a very different product, but certainly banking on the same mobility trend. I love the approach Flip is taking. For those interested in rentals, mobility, travel, and flexible living arrangements — I encourage you to watch … Read More » – Connecting Departing Tenants with Renters

by Drew Meyers on 9:53 am August 20, 2016

Yesterday I came across, another player tackling medium term rentals in NYC by connecting renters directly with departing tenants. Given how crazy broker fees are there, it’s no surprise New York City is a hotbed for startups working on medium and long term rentals — Flip is also there (see prior coverage here), as well as RentHackr (see here). This is a space I’ve been thinking a lot about the last few months (here, here). Know anyone else working on something in the medium term rentals … Read More »

The Rental Process for Single Property Landlords, and Tenant-Landlord Laws in Seattle

by Drew Meyers on 1:53 pm August 8, 2016

As you know by now, I’ve been thinking about rentals a lot recently (see here and here) as a result of having to move in the next month. I’m signing a lease later tonight, and was sent the City of Seattle’s landlord and tenant laws this morning: seattle-landlord-tenant-laws Is it just me, or is this overly complex? I’ll wager a guess that fewer than 10% of tenants actually read these laws prior to signing paperwork and moving in – or, ever. There has to be a better … Read More »

How Do you Monetize Rentals to Better the Consumer Experience?

by Drew Meyers on 9:41 am August 1, 2016

Sam’s right (read comments on this post). There’s little financial incentive for someone to really improve the consumer rental experience on the tenant side. Rather than the tenant paying, perhaps the best incentive is agents/brokers building trusted relationships with future buyers by delivering real value by making the process of scheduling showings more efficient? Many brokerages do have agents and assistants with down time. Why not have them spend some of that helping coordinate a better rental experience for tenants? Renters today are tomorrow’s buyers. Rentals … Read More »

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