Tech Nest: The Proptech Podcast30 Huhti 2024

Streamlining Security Deposits for Property Managers and Owners with Conor Brennan, Co-founder at Rentable

I promise you, discussing security deposits isn't as boring as it may seem. This week, I'm joined by Conor Brennan, Co-founder of Rentable, a security deposit management platform for residential real estate. He shares about the pain points of security deposits, including the legal challenges and outdated processes. We dig into the importance of integrations and Rentable's focus on cash deposits.

Conor shares how Rentable offers flexible payment options for deposits and highlights the ideal customers for their platform. You'll hear Conor explain further more about the inefficiencies of traditional security deposit processes and the time and cost savings that can be achieved through improved technology. He highlights the importance of educating property managers on these benefits and addressing pain points such as returned checks and new legislation. We also get into Rentable's go-to-market strategy of targeting the mid-market for adoption and the key value props of using Rentable.

More about Conor and Rentable
Rentable is the leading security deposit management company in America. Rentable is utilized by hundreds of property managers across the country to streamline and modernize the process of handling security deposits. In addition, Rentable provides renters with flexible payment options that allow them to spread their deposit out over time.

Conor Co-founded Rentable alongside Alex Kamisher. The two worked together at Boston based fintech company, Toast. After experiencing the difficult and archaic process of paying and receiving their security deposits in their Boston apartments, the two realized that a solution was needed to address this issue.

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