"Our focus and the way that we've taken a different approach is that instead of providing other property management tools or just another tenant screening tool, we said, 'Hey, what can we do to actually take away that risk of tenant delinquency for the landlord?'" — Viler Lika
During his time in consumer credit risk, Viler Lika started thinking about renter creditworthiness and how it impacts rental properties. In 2017 he founded SingleKey, the mission of which is to remove the common headaches of renting, and provide risk management for landlords. A major pain point for any landlord or property manager is a delinquent tenant, and while these bad tenants can cause huge issues for landlords, the occasional bad apple tenant provides a good insurance use case for a company like SingleKey.
Tune in to find out how SingleKey works (for landlords of all types), who underwrites their Rent Guarantee insurance, and how it is being used to address vacancy issues. Viler breaks down the costs of a delinquent tenant, and how SingleKey provides support for both the tenant and landlord. We hear about the worst-case scenarios for property owners, and how the COVID-19 pandemic has affected the Canadian rental market.Tune in to find out about the latest tool being released by SingleKey (an automated rental collection tool), and how SingleKey has maintained such a stellar 4.9-star rating on Google Reviews. Press play to find out more!
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