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We have the founder of Property Technology company Viler Lika on the show. He is the founder and CEO of SingleKey and if you haven't heard of them yet you will want to pay attention to this show as in my experience, they are providing us investors a ton of value at affordable prices. SingleKey is the largest tenant screening service out there with their recent acquisition of Naborly. The majority of the professional investors I know are already using their tenant screening aka credit checking online software as it's fast, cheap, encrypted, and the reports written in plain english. Even our big local REIT uses SingleKey. Viler is super smart having both degrees in Engineering and MBA from the same Business school I graduated from at Western University in London. On today's show, Viler shares his journey of starting up a real estate technology business that brought us small investors the same tools the big corporate REIT's use. SingleKey will even underwriter insurance on the tenant which can be purchased by the landlord OR the tenant. How amazing is that? The rental market is highly competitive is most medium/major cities. If I had to enter a bidding competition to rent a place, I would insure my rent to set myself apart from the others. Viler is also kind enough to share what features are coming in just a few months to forever change how we screen non Canadians and report tenant rents on their credit/Equifax. This is not an episode to be missed. Please enjoy the show! As a bonus Viler was kind enough to provide us a discount code “erwin” my name, a five letter word for 20% off a tenant screening, background report that also works on Americans. I've included a link in the show notes! 20% off discount code: https://platform.singlekey.com/screen/request?promo_code=erwin
This week we have Mackenzie Wilson of SingleKey the tenant credit and background check reporting service that recently acquired Naborly. If you haven't heard of SingleKey… well they are quite popular in the circles I run in and for you new investors, you're so lucky you don't have to run credit checks the old way… Mackenzie is a very diligent investor from Calgary, Alberta. He shares how we went from oil rigs and IT at Telus and left it behind to start an online business in real estate that didn't go so well but he survived, still owns his three duplexes in Calgary and works at SingleKey as a Director. As you'll soon tell, Mackenzie is a diligent landlord (one of the most diligent I've ever met) and loves to help other landlords in Alberta out as he's always sharing and educating his peer group of 4,200 Alberta Landlords On today's show we talk about the difference between commercial and residential in Calgary, Calgary vs. Edmonton. Of course we talk about tenant screening as it appears to be a passion of Mackenzie's even though his properties are in Alberta and how appropriate it is his day job is now at SingleKey. One big nugget is I asked Mackenzie as a beginner investor, what should I buy in Calgary and his protip is a good one. Please enjoy the show! To follow Mackenzie: Website: singlekey.com/ Linkedin: linkedin.com/in/mwyyc/ Alberta Landlord Communit: albertalandlordcommunity.ca/ Two recent articles Mackenzie recommends https://www.singlekey.com/blog/how-can-landlords-spot-fake-application-documents-from-tenants/ https://www.singlekey.com/blog/airbnb-arbitrage-should-you-let-your-tenant-rent-out-your-property-to-short-term-renters/
This episode continues our conversation with Dylan Lenz, co-founder and CEO of Naborly. In Part 2, we discuss the differences between Canada and the United States, both culturally and in a business context. Dylan also speaks to his experience hiring with hiring, and the metrics he cares about most. Homeroom is hosted by Cassius Felicella. Connect with Naborly Website: https://www.naborly.com/ Crunchbase: https://www.crunchbase.com/organization/naborly Twitter: https://twitter.com/naborly LinkedIn: https://www.linkedin.com/company/naborly/ We talk to founders and entrepreneurs! We're in the business of learning and want to look at everything startup related. Our hope is to show just how significant this segment of business is to the world, and the things it can accomplish. For all inquiries, please email homeroomtalks@gmail.com.
Dylan Lenz is the co-founder and CEO of Naborly. In Part 1, we discuss his upbringing and how it made him the person he is today. From a rural town just outside of Edmonton in Canada, we talk about how an optimistic and deterministic attitude created a complex that allowed him achieve incredible things. Raised by a single mother on welfare, he is a serial entrepreneur, having started two businesses with successful exits and now operates a credit bureau for the renting generation. He is a prime example of no matter where you start in life, with the right mindset and outlook, you can achieve anything. Homeroom is hosted by Cassius Felicella. Connect with Naborly Website: https://www.naborly.com/ Crunchbase: https://www.crunchbase.com/organization/naborly Twitter: https://twitter.com/naborly LinkedIn: https://www.linkedin.com/company/naborly/ We talk to founders and entrepreneurs! We're in the business of learning and want to look at everything startup related. Our hope is to show just how significant this segment of business is to the world, and the things it can accomplish. For all inquiries, please email homeroomtalks@gmail.com.
Listen to Dylan Lenz, Founder of Naborly, share how their technology helps predict which tenants will be the best bet for your rentals! Use Naborly.com/lady-landlords for discounted pricing! Only $20 charged to the tenant for their application and credit check!
Real Estate Golden Nuggets: Real Estate Investing Simplified
Welcome to the Golden Nuggets of Real Estate Investing, a podcast dedicated to helping you achieve financial freedom through Real Estate. Ross is joined by Shawn Rea, a Real Estate agent and an investor in the Niagara region. Shawn shares his inspiring story of how he decided to change his life from working 50 hours a week in the corporate world and still living pay cheque to pay cheque to now having a portfolio of over 40 units in Ontario and 7 parcels of land in Belize! We discuss the importance of shifting our mindset from scarcity to abundance and why creating systems and outsourcing tasks are key elements in growing your portfolio. We also tackle how you can simplify your tenant screening process using Naborly and most importantly how to leverage the banks money to keep on buying more properties without maxing out quickly! Follow Ross on Social Media: YouTube: https://www.youtube.com/channel/UCXJeEiAaVaEtYt0Sqr36TVQ/videos Instagram: https://www.instagram.com/ross.nedaee/ Facebook: https://www.facebook.com/ross.nedaee Follow Shawn on Social Media: Instagram: https://www.instagram.com/shawnrea/ Facebook: https://www.facebook.com/shawn.rea
In this episode, learn the exact steps you need to take to screen for quality tenants in the most effective way! I use Naborly for my tenant screening. They charge the tenant and take care of all the screening. They even give you a score letting you know where the prospective tenant stands! They even give a discount to those in Lady Landlords if you use this link: https://naborly.com/lady-landlords/
Bio Jessica Fulton (@JessicaJFulton) is the Vice President at the Joint Center for Political and Economic Studies where she engages in research and analysis to identify policies that advance the socioeconomic status of the Black community. She also manages the Joint Center's Policy Incubator. Prior to joining the Joint Center, she served as External Relations Director at the Washington Center for Equitable Growth. She has also held positions at the DC Fiscal Policy Institute and the Chicago Urban League. Jessica is a member of Delta Sigma Theta Sorority, Inc., and serves as Board Chair of The Black Swan Academy. Jessica earned a Bachelor's Degree in Economics from the University of Chicago and a Master's Degree in Economic Policy Analysis from the Kellstadt Graduate School of Business at Depaul University. Resources Joint Center for Political and Economic Studies Related Resources Domestic violence rises worldwide with COVID-19 lockdowns The New York Times reports that domestic violence cases are rising around the world, citing data provided by domestic violence hotlines, which have seen an uptick of reports over the last month. Rihanna and Twitter’s Jack Dorsey have stepped in, though, by contributing a combined $4.2 million to a new effort to address domestic abuse. Jack Dorsey also announced this week that he’ll be contributing $1 billion of his own money to the coronavirus fight. Coronavirus hampers public transportation Axios reported this week that public transportation systems are struggling to hold on as coronavirus lockdowns and a rise in coronavirus cases among transit employees, have all but crippled transit systems across the country--causing massive losses in revenue—to the tune of some $38 billion combined. The transit crisis threatens essential workers in particular, many of which are people ofc color. Apple/Google launch corona virus tracking system Apple and Google have joined forces to launch a system that uses Bluetooth to track the spread of coronavirus. The companies plan to share the data with government and health agencies. But the tracking would be opt-in only and only public health officials would be permitted to use the data. The technology works not by tracking location data, but by tracking individuals to better determine how the disease travels from person to person. Ars Technica: Verizon is refusing to offer DSL to low-income users Ars Technica reports that while Comcast has the best program for low income consumers during the coronavirus pandemic, Verizon, Charter and other carriers are coming up short. While Verizon is offering steeply discounted internet service, it’s only available to FiOS subscribers, and not consumers who use DSL. Verizon says its DSL service is too slow, since its making its discounted service available to Lifeline consumers only, and that its DSL service doesn’t meet the FCC’s minimum speed requirement. The availability of high speed internet service around the country is inconsistent, with different regions having more access than others, which highlights discriminatory redlining. Landlord app flags delinquent tenants during COVID-19 Naborly, an app that helps landlords screen tenant applicants, is engaging in some curious tactics during this uncertain time of mass unemployment. As the number of unemployment claims has soared in recent weeks, the company has been flagging tenants who haven’t paid rent since April 1st. North Carolina is looking into expanding its online voting system The state of North Carolina is looking to set up and improve its online voting system, to allow voters to cast their ballots without leaving home. Activists are concerned about privacy violations and the potential for hacks and voter suppression.
This episode is full of value, especially for landlords looking for a great resource to assist in screening tenants. Today we are joined by Jerome from Naborly.com. Jerome explains how we can navigate and optimize our due diligence process by screening our tenants properly using AI. Jerome shares with us this incredible tool we can use to assist us in the screening process and help give you that extra sense of reassurance that every landlord and investor looks for. I use this service myself, and I know it can help you too. If you’re looking for additional help or coaching on screening your tenants, reach out to me info@911wealthnetwork.com What was covered: Spotting a professional tenant and how to avoid them The pitfalls in selecting the wrong tenant How Naborly can help you screen your tenants and guarantees cash flow How you can help co-landlords screen their tenants The number 1 mistake landlords make when accepting tenants
Listen to our candid chat with Grant, where we discuss everything from lawyers, company culture to where the rental marketplace is heading with the
The entire rental market is ripe for disruption from many different angles. Possibly one of the most important aspects to managing a rental property, other than collecting the rent, is the screening process. In this interview, we talk with Maraz Rahman, Naborly's VP of Growth and Business Development. Naborly is working to bring AI to the process of screening prospective tenants and they're working to make this a free service for landlords. Listen to hear more about this new service.
One bad tenant can lead to bankruptcy, especially if it's your first crack at a revenue property! And, until now, that risk was on you and your gut. Meet Naborly, an AI platform that is at the forefront of proptech using sophisticated algorithms to securely screen and verify your tenants and... it's absolutely free. In fact, Naborly is so confident in its screening process that it's willing to pay your rent if your tenant leaves you high and dry. How's that for a security deposit?! Director of Sales, Jerome Werniuk, joins Adam and Matt to discuss the tech-lagging rental market, how it can be fixed, and what it means for the future of landlording and real estate in general. The future is here - Live long and profit!
We interview Greg Maitinsky, CEO of GoBeyond Collections, to discuss how defaulting on your rent can turn into a debt collection. Learn more about how you can get a Naborly report on your prospective tenants for free with Naborly app.naborly.com/signup?utm_source…_campaign=podcast
Can living with strangers be the antidote to San Francisco’s housing crisis and the generational loneliness epidemic? Learn more about how you can get a Naborly report on your prospective tenants for free with Naborly https://app.naborly.com/signup?utm_source=soundcloud&utm_campaign=podcast
Are humans inherently irrational? Listen to our inaugural podcast episode where we explore this concept through the lens of the landlord, when choosing a proper tenant. Learn more about how you can get a Naborly report on your prospective tenants for free with Naborly https://app.naborly.com/signup?utm_source=soundcloud&utm_campaign=podcast
Here's What You'll Learn From Dylan Lenz: Top mistakes landlords are making when it comes to tenant relations How to strategically deal with (and avoid) problem tenants Professional tips for new landlords The current state of the rental market throughout Canada Financial strategies to make your first rental a success How to identify exactly who you're renting to, before they move in Dylan is the Founder and CEO of Naborly which is a real estate technology company offering a unique tenant screening process, that is unmatched in the industry. Find out more at Naborly.co