NARPM Radio: How to Use Open Banking Technology to Screen Tenants
As a property manager or landlord, do you ever worry that you are not truly getting the full financial picture when screening tenant applications? Sometimes we get applications laden with smoke and mirrors that are easy to filter out. But other times, the application may look quite good and complete, but in reality, some of the aspects that would be helpful in making a decision are not visible.
Wouldn’t it be cool if you could verify renter's income, payroll, past rent payments, NSF & overdrafts all in one, easy to pull, screening report? On this episode of NARPM Radio, Bob Preston of North County Property Group in CA talks with Craig Schoen, CEO at Rentify about “open banking technology” and how property managers can use it to better screen prospective tenants. Rentify, a new NARPM Member Discount Program, is a company dedicated to helping property managers and landlords utilize a new approach to get that full picture of a tenant’s financial picture during the screening process.