Learn how to make your next move the easiest one yet. Read our tips for an easy move, managing moving costs, and more.
Credit checks give landlords a reasonable indication of your renter reliability. Landlords and property managers associate strong credit history with a higher likelihood to pay rent on time and in full. Basically, if you manage bills and debts responsibly then you probably will pay your rent without any issues.
Security deposits create as much headache as protection. For tenants, security deposits mean parking cash where it does not earn a meaningful return or provide a savings safety net. For landlords, security deposits create administrative overhead with additional bank accounts, state regulation, and calculating de minimis interest for every renter. Yes, the cash in a deposit represents a tangible option for property security. Without a doubt, the system is outdated.
When we launched Safely Finance, we had a vision to build something for renters everywhere. Our first version was a simple application that only took a few minutes to fill out. Rental communities everywhere used it to offer “Move Now, Pay Later” options.
We’re proud to announce that Safely Finance now offers rent reporting to help tenants build positive credit history. Our technology makes it easy for property managers to offer rent reporting as a financial amenity and community benefit. Properties can help tenants boost credit scores without any additional debt by simply reporting the rent payments that tenants already make.
Rental properties use amenities to attract and keep great tenants. Conveniences like 24-hour gym access, barbecues, fire pits, lounges, and laundry services stand out to prospective renters. In fact, 87% of multifamily renters claim amenities influence their decision to rent an apartment and 94% say they would pay more in rent for on-site perks according to the 2021 Multifamily Amenity Guide from 2ndKitchen.
Consider your moving costs: thousands of dollars, some locked up in a deposit, that generate no value for you while you rent. Some leases include pet deposits, application fees, and other charges. Each incremental item increases the financial burden of moving, not to mention the headache.