For years, landlords had 2 options when it came to renting out their properties:
- Hire an expensive property management company
- Spend all their free time trying to do it themselves
That’s when Ryan Coon and Laurence Jankelow got the idea for Avail. They noticed that internet technology had spread to many markets, (banking, e-commerce, etc) but the rental and real estate market didn’t have the same online tech benefits.
So, the pair quit their jobs, spent the next year teaching themselves how to code, and released an online platform where part-time landlords could manage all the steps of property management in one place.
Prior to Avail, landlords would use multiple listing sites to find tenants, which meant having to create the same listing again and again in order to attract the most applicants. From there, they’d have to respond to inquiries from different websites, increasing the likelihood of missing a message. Then they’d have to use printed application templates and ask potential tenants to provide a credit and background report themselves.
After going through the ordeal of finding a potential tenant, they’d have to purchase a lease template to ensure that their rental agreement would include all the clauses and disclosures required for their area. And once a tenant had moved in, landlords would have to “be the bad guy” by chasing down rent checks and then run a separate errand to cash them.
Avail changed all of that.
Now, part-time landlords can find, screen, and keep tenants happy all from one place. With Avail, landlords can save time, money, and hassles by:
- Creating one listing that is posted to the top rental sites on the web
- Messaging tenant leads, set up showings, and request online applications from one dashboard
- Requesting instant TransUnion credit, background, and eviction reports — — with a choice of who pays
- Customizing rental lease templates which are tailor-made for their local laws and regulations
- Collecting security deposits, rent payments, and late fees directly to their bank account each month — — with the option of automatic tenant payments as well
- Handling and tracking maintenance requests and forward issues to contractors or handymen
For landlords with just one unit, all of this is completely free. While Avail isn’t a property management company, they make the entire rental process much more manageable for DIY landlords.
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Originally published at Avail.
