In this episode of The Multifamily 5 Podcast, we sat down with Derek Merrill, Co-Founder & CEO of LeaseLock, which powers a modern lease experience that totally eliminates all security deposits, surety bonds and guarantors. Instead of tenants paying security deposits up-front, they pay a $30 monthly fee which insures the owner of missed rent payments and damages; ultimately, this helps increase lease conversions, reduce administration costs, and can create an additional revenue stream.
For more information, check out their website at https://leaselock.com or shoot him an email at [email protected] or LinkedIn.
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