Kyle
The downturn in the economy over the last few years has forced several people, into becoming landlords. People who had a great deal on a house before the economy went down, were forced to start renting property. They wanted to hold onto their property and at the same time make money to pay their mortgages down so these new properties weren’t a total write off.
A Chicago Startup, incubating at 1871, called Rentalutions is there to help those landlords and then tens of thousands more who’ve been renting out property for years.
Rentalutions is a complete landlord tenant system. Tenants can set up recurring rental payments using the system. They can also turn in maintenance requests around the clock and communicate with their landlords directly.
For landlords, Rentalutions is one centralized system that keeps up with just about every aspect of renting property. The platform even allows landlords to list a vacant property and screen for potential tenants within the system. Once they take on a new tenant they can convert that record to a tenant record without having to re-input data over and over again.
Rentalutions, founded by two long time friends Ryan Coon and Laurence Jankeow, hopes to become the complete turn key system for the over 6 million do it yourself landlords across the country. The company provides do it yourself landlords with similar resources that some of the top property management companies are using.
We got a chance to interview Coon. Check out our interview below.