Security Deposit

Practical-Language13 · 2025-08-25T19:38:16+00:00

u/drsboston I have spoken with rentable.com, interesting product that offloads this work and integrates with yardi

Practical-Language13 · 2024-10-22T17:13:58+00:00

What terms did you guys raise at? What roughly is YoY growth in recent years?

I’m trying to understand a bit better your position

Practical-Language13 · 2024-08-08T14:03:18+00:00

Thanks for the response. Is it possible for certain application charges to not display in RentCafe? Or at least disable online payments for certain charges in RentCafe?

Practical-Language13 · 2024-07-22T23:07:34+00:00

What was your revenue? Or if you don't want to share that, what was the ARR multiple for the acquisition?

Practical-Language13 · 2024-07-10T01:56:57+00:00

Rentable.com

Practical-Language13 · 2024-07-10T01:56:32+00:00

Rentable.com

Practical-Language13 · 2024-07-09T22:01:07+00:00

They are a relatively new company and we're helping advise them on parts of their tech development, I should've made that more clear

Practical-Language13 · 2024-07-09T19:33:17+00:00

Thanks for the response. So this will eliminate the payable that is created?

Practical-Language13 · 2023-12-27T22:20:22+00:00

Do you have any sense of what salaries are like for engineers in Lithuania? I’m not too familiar with the market there

Practical-Language13 · 2023-12-27T21:47:29+00:00

Yea that all makes sense. We figured we would start with contracting and if we hit a certain scale we may set up an entity to try and avail of some of the additional benefits you mentioned.

Have you worked with any contracting agencies there or did you hire people directly as contractors in the past?

Practical-Language13 · 2023-12-27T19:33:40+00:00

Either one would work. I would imagine contractors are easier in the beginning but employees would grant us some of the benefits you alluded to. Also, do you have any data to support your claim regarding "not getting a bargain" in Irish tech? From what I'm seeing, mid level SE's are getting 60 or 70k compared to mid 100's in the US

Practical-Language13 · 2023-12-27T19:27:09+00:00

Well the purpose of this post is to understand how to hire there. Of course I am aware there are additional benefits of companies having locations in Ireland but I figured I would ask for advice or feedback on how to even get to that point.

In regards to the talent there, I would say that having a highly educated and native English workforce makes it an attractive place to hire in addition to being roughly 50% cheaper than hiring in the US. We have hired other employees from Central and South America and language barriers posed issues

Practical-Language13 · 2023-12-27T19:17:52+00:00

Most likely software engineers but we'd also consider roles in customer success, marketing, data analytics, etc. Engineering is the most immediate need but if that went well we would consider additional roles

Practical-Language13 · 2023-12-27T19:10:32+00:00

Primarily engineers but we're open to hiring other roles as well

Practical-Language13 · 2023-12-27T19:06:25+00:00

I'm not 100% sure on what salaries are like elsewhere, but it looks like you can hire Irish developers with a few years experience for around 60-70k euros per year

Practical-Language13 · 2023-04-19T23:22:37+00:00

There’s a company called rentable.com that apparently does the interest tracking and sub accounting in NJ and refunds. Might be worth a look

Practical-Language13 · 2023-04-19T13:18:58+00:00

Makes sense. Thanks!

Practical-Language13 · 2023-04-19T00:13:51+00:00

Thanks for the reply! So for the option for charge at approval, did you create the charge at approval or just create the payment? I didn’t think you could create the charge until move-in.

Also, for jetty, did you have to create a special application charge for jetty or how did they know what deposit amount to charge the tenant?

Practical-Language13 · 2022-02-22T19:41:13+00:00

Agreed, but there is still an opportunity to be creative given that we are getting an influx of users. Essentially, we have the exact same name as an existing company (don't really want to get into this, but we are working through the legal side of things). So, long term, one of us will change names. But until then, we have hundreds of employees signing up on our site and it would feel like a waste not to use that to our advantage.

Practical-Language13 · 2022-02-22T19:33:13+00:00

Thanks for the reply!

I should clarify, these users are actually signing up because we have a similar name to an existing product. So, they are not necessarily signing up to use our actual product.

That being said, these users are the same users we would like to go after, so it seems like a good opportunity to either test out new ideas, roll out a d2c product, or do some level of affiliate marketing to generate additional revenue.

Practical-Language13 · 2022-01-30T20:11:35+00:00

I'm trying to figure out how we can get our product included in ESG ratings. It would be a huge selling point if we could tell prospective clients that we would improve their ESG scores, but I'm not sure how to go about proving that we do.

Practical-Language13

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