Posted on BizLaunch Newsletter 10/03/17 by Lourdes Morales. Orginal text
Translation to English: Miriam Bolanos
In April 2017, Leaseably started their operations. Sisters, Miriam Bolaños and Brenda Bolaños, started their business in the real estate industry with the idea of bridging the gap in the market between full service property management and “do it yourself”. Miriam commented that homeowners of one or several properties that seek help with the whole cycle of having a tenant only have two options: 1) to do it themselves or 2) to hire the services of a property management company that charges between 8 and 15% of a monthly rent. This is very expensive for the majority of independent landlords that still have to pay a mortgage on the property they wish to rent.
Miriam and Brenda decided to develop a business plan to see if their idea was viable with the help of mentors from SCORE and BizLaunch. With the help of their advisors, they started operations more than six months ago. The team work at SCORE and BizLaunch guides companies with innovative ideas. This type of orientation helps entrepreneurs to put their ideas on paper to the point where they start their own virtual or physical business. Additionally, BizLaunch offers several social events in Arlington to expand people’s professional network.
Leaseably is a virtual business that helps landlords to manage their properties at a low cost. At the moment they offer two packages for rental properties. One package assists the client to rent their property by hiring a realtor licensed in VA, MD or DC at a flat fee. With the other package, Leaseably efficiently assists the client with most of the time-consuming tasks prior to renting the property. The homeowner only shows the property to potential tenants and drafts the lease. Leaseably also gathers all the necessary information from potential tenants such as the background check, credit report, verification of employment, and rental history among other valuable information.
Leaseably is based in Arlington’s Clarendon neighborhood but has the licenses and permits required to work in the DMV area. Miriam and Brenda are residents of Arlington, and they absolutely love to live in this diverse community that supports local businesses like their company Leaseably.
Leaseably also offers a package called “Rental Property Concierge Services” this package supports landlords to manage their property at a low price. Leaseably is the 24/7 point of contact for tenants when repairs are needed. Leaseably welcomes the use of landlord’s preferred provider for repairs or maintenance. If no preferred provider is offered by landlord, Leaseably will contact top-rated service providers in the community according to online customer review services.
These types of innovative services have been welcomed by the community, they have been mentioned several times in Arlnow, and they have a lot of new followers in their social media. Miriam and Brenda work hard because they believe their idea can become a national platform that helps independent landlords. At the same time, they promote local top-rated service providers according to online customer review services.