Deposify
@Deposify
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Managing security deposits just got easy - available in New York, Massachusetts and other Northeast & US States
Joined November 2013
Introducing Deposit Now, Pay Later - we pay your security deposit to your landlord or property manager on move in, you get to pay us later !
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And thanks to Suzette and our friends at Assurant - the best of partners !
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“One of my objectives was to establish a deposit structure. We wanted to be able to give renters the option of paying the standard refundable deposit. That’s what Deposify does for us.” - Lisa Russell, COO at Ardmore Residential
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And in MA - the last month’s rent must be kept in a separate interest bearing account, in the same way as the security deposit. That’s where Deposify comes in !
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Deposit compliance for property owners & managers varies State by State. In Massachusetts for example - a landlord can request first and last month's rent and a security deposit in the amount no greater than one month's rent - no other fees can be charged, including Pet Deposits.
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Deposify helps manage all your deposits when renting - security deposits, last month’s rent and pet deposits
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In Atlanta City for example - multifamily apartment owners and property management companies collecting a security deposit over 60% of the monthly rent now need to accept a deposit payment plan in at least 3 monthly instalments
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With many cities legislating instalment payment options for Residents, you can now offer Payment Plans by City or State, in some or all of your portfolio, and over however many months you’d like
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Property managers using Yardi get even easier security deposit management with Deposify’s Yardi integration - here’s how it works :
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.@Deposify is a fintech start-up that provides security deposit management services to property management companies. They are a key inclusion in the #IrelandINC250 Index, supported by @KPMG_Ireland Download a copy: https://t.co/4rbUzW5JOg
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Those residents can now borrow their security deposit from Deposify and pay monthly interest only - once their landlord or property manager uses Deposify
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Many residents asked for a cash security deposit borrow it from family & friends or have to use expensive credit - especially if asked for first and last month’s rent on move in too
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Introducing Deposify Finance - residents can now borrow security deposits from Deposify
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Our CRO Colm Grealy is at the @RHAboston #RHAExpo2019 with our friends at Assurrant - we’re at booth 1003, please call by to hear more about our traditional and alternative security deposit solutions
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Here’s some more background on our partnership with Assurant - traditional and alternative security deposit solutions coming together https://t.co/nmFgWYA8Q0
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Assurant brings national scale & distribution to our Partnership as well as significant real estate experience & expertise - we’re very much looking forward to working together
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