The security deposit is one of the biggest hassles in all of real estate. The tenant is required to sometimes tie up thousands of dollars to move into a new apartment or house, the landlord has to secure that money in a separate trust account, and then at the end of the lease the landlord has to return that money back to the tenant. But often times the exchange doesn't go as smoothly as planned. Obligo is challenging the concept of even having a security deposit at all and instead looking into how both landlords and tenants can kiss that practice goodbye for ever in exchange for a more seamless system. During this interview Omri Dor, CEO and Co-Founder of Obligo, explains exactly how they're tackling this challenge and why this is so important for everyone involved in the rental transaction.
Ryan Coon and his company Avail are serving hundreds of thousands of DIY landlords and tenants across the country, making the experience of renting better. Avail is an online tool that enables DIY landlords to effectively find and screen tenants, market their properties for rent, collect rent automatically each month, and keep track of all their rental properties all in one place. Ryan also drops quite a few knowledge bombs in this episode on the state of the industry, the importance of branding, and more. Ryan co-founded Avail (formerly Rentalutions) in 2011, is a member of the Forbes Real Estate council, and is a RE200 Mentor with MetaProp NYC, so you know he's bringing the heat. Listen in!