Alex Lubinsky's guest appearances

Alex Lubinsky

Economics Detective Radio

Bay Area Ventures

Blockchain360

Critical Mass Business Talk Show | Orange County‘s Longest-Running Business Talk Show | Hosted by Ric Franzi

People My Dog Would Like

Gret Glyer

Mark Thornton

Jonathan Morduch

Robert Wright

Mike Munger

Jason Brennan

Mark Blyth

Bryan Caplan

Zach Weinersmith

Alex Nowrasteh

Steve Horwitz

Phil Magness

Robin Hanson

Russ Roberts

Nathan Smith

OwlTail

Even with advent of online listing services, the fundamental means of renting an apartment hadn’t changed for decades, that is, until Rentberry came along (www.rentberry.com).  Alex Lubinsky, Co-Founder and CEO of Rentberry joins us on this addition of Bay Area Ventures to tell us how his new startup is radically changing the process renting or leasing a property for both the renter and the landlord.Rentberry goes beyond simply listing properties and leaving it up to each individual renter and landlord to find each other and make a match.  Instead by allowing the landlord to host an auction for their property, Rentberry is creating a new paradigm for facilitating the transaction.  This new and highly transparent process gives information to the renters to see just how much a property in their desired location is renting for and allows landlords to optimize their revenue to meet the true demand for their market.Rentberry started in a handful of cities and is now expanding across the US.  Demand is very strong and Alex is dealing with scaling his company as well as adding new features to improve and enhance the service.  In the episode you’ll learn how Alex came up the idea and how he and a handful of co-founders got the company off the ground.In addition to talking about the company, we also talk about how Lubinsky funded his startup and how he left a career in international investment banking and mergers and acquisitions to start Rentberry because of a problem that he and his co-founders ran into. As always, I welcome your comments and feedback.  If you have questions for Alex or me please feel free to reach out and we’ll do our best to get back to you as quickly as possible.Recorded on May 22, 2017, on SiriusXM Channel 111, Business Radio Powered by the Wharton School.  Bay Area Ventures airs live on Mondays at 4:00pm Pacific Time, 7:00pm Eastern Time.  For a list of upcoming and past guest information visit www.donaldlandwirth.com and click on the Show link.  #auctions #Realestate #innovation #rentals #gigeconomy #Marketing #landlord #renter #apartment #lease #entrepreneurship #startup #SanFrancisco #SiliconValley

Even with advent of online listing services, the fundamental means of renting an apartment hadn’t changed for decades, that is, until Rentberry came along (<a href="http://www.rentberry.com" rel="noopener nofollow" target="_blank">www.rentberry.com</a>). Alex Lubinsky, Co-Founder and CEO of Rentberry joins us on this addition of Bay Area Ventures to tell us how his new startup is radically changing the process renting or leasing a property for both the renter and the landlord. Rentberry goes beyond simply listing properties and leaving it up to each individual renter and landlord to find each other and make a match. Instead by allowing the landlord to host an auction for their property, Rentberry is creating a new paradigm for facilitating the transaction. This new and highly transparent process gives information to the renters to see just how much a property in their desired location is renting for and allows landlords to optimize their revenue to meet the true demand for their market. Rentberry started in a handful of cities and is now expanding across the US. Demand is very strong and Alex is dealing with scaling his company as well as adding new features to improve and enhance the service. In the episode you’ll learn how Alex came up the idea and how he and a handful of co-founders got the company off the ground. In addition to talking about the company, we also talk about how Lubinsky funded his startup and how he left a career in international investment banking and mergers and acquisitions to start Rentberry because of a problem that he and his co-founders ran into. As always, I welcome your comments and feedback. If you have questions for Alex or me please feel free to reach out and we’ll do our best to get back to you as quickly as possible. Recorded on May 22, 2017, on SiriusXM Channel 111, Business Radio Powered by the Wharton School. Bay Area Ventures airs live on Mondays at 4:00pm Pacific Time, 7:00pm Eastern Time. For a list of upcoming and past guest information visit <a href="http://www.donaldlandwirth.com" rel="noopener nofollow" target="_blank">www.donaldlandwirth.com</a> and click on the Show link. #auctions #Realestate #innovation #rentals #gigeconomy #Marketing #landlord #renter #apartment #lease #entrepreneurship #startup #SanFrancisco #SiliconValley

0017 Alex Lubinsky - Rentberry 20170522

My guest today is Alex Lubinsky, co-founder of the Silicon Valley startup Rentberry. Rentberry is a platform that lets landlords post units for rent so that tenants can bid on them. Once a landlord posts a vacancy, different potential tenants can make offers and the landlord can select which one to rent to. Importantly, the landlord doesn't have to select the highest bidder. Potential tenants on Rentberry put in their personal characteristics up on the site, so landlords can select for the type of tenants they want. Maybe they're willing to accept a lower rent from a quiet single woman than a family of five with four dogs and six cats. There has been some controversy about the site, stemming from the fact that it leads tenants to bid against one another, potentially pushing up prices. One tenant advocate said, "I think it's incredibly arrogant and incredibly concerning in light of the fact that we have the highest number of homeless families since the Great Depression. For them to do something to increase the rents seems really callous." Vanity Fair said Rentberry would turn rental markets into a Hunger Games-like death match. Alex and I address these criticisms in the episode. The critics are missing one simple element to the story, which is that Rentberry doesn't just cause more tenants to bid on any given listing, driving up the price, it also allows each tenant to bid on more listings, driving down prices by giving each tenant more options. The two forces cancel one another. By only charging a one-time fee of $25 when a lease is signed, Rentberry reduces the costs of applying for vacancies. In some markets, tenants can expect to pay hundreds of dollars in application fees while apartment hunting and Rentberry allows them to avoid those. What Rentberry is really doing is allowing the market to approach equilibrium more rapidly. Preliminary evidence also suggests that Rentberry decreases vacancy rates, since these are lower for landlords using the site than for the country in general. This is equivalent to an increase in the housing supply, which is unambiguously good. Listen to the episode for the full discussion.

My guest today is Alex Lubinsky, co-founder of the Silicon Valley startup <a href="https://rentberry.com/" rel="nofollow" target="_blank">Rentberry.</a> Rentberry is a platform that lets landlords post units for rent so that tenants can bid on them. Once a landlord posts a vacancy, different potential tenants can make offers and the landlord can select which one to rent to. Importantly, the landlord doesn't have to select the highest bidder. Potential tenants on Rentberry put in their personal characteristics up on the site, so landlords can select for the type of tenants they want. Maybe they're willing to accept a lower rent from a quiet single woman than a family of five with four dogs and six cats. There has been some controversy about the site, stemming from the fact that it leads tenants to bid against one another, potentially pushing up prices. One <a href="http://gizmodo.com/bidding-website-Rentberry-may-be-the-startup-of-your-ni-1793940693" rel="nofollow" target="_blank">tenant advocate said</a>, "I think it's incredibly arrogant and incredibly concerning in light of the fact that we have the highest number of homeless families since the Great Depression. For them to do something to increase the rents seems really callous." <a href="http://www.vanityfair.com/news/2016/05/Rentberry-apartment-bidding-launches-in-new-york-san-francisco" rel="nofollow" target="_blank">Vanity Fair</a> said Rentberry would turn rental markets into a Hunger Games-like death match. Alex and I address these criticisms in the episode. The critics are missing one simple element to the story, which is that Rentberry doesn't just cause more tenants to bid on any given listing, driving up the price, it also allows each tenant to bid on more listings, driving down prices by giving each tenant more options. The two forces cancel one another. By only charging a one-time fee of $25 when a lease is signed, Rentberry reduces the costs of applying for vacancies. In some markets, tenants can expect to pay hundreds of dollars in application fees while apartment hunting and Rentberry allows them to avoid those. What Rentberry is really doing is allowing the market to approach equilibrium more rapidly. Preliminary evidence also suggests that Rentberry decreases vacancy rates, since these are lower for landlords using the site than for the country in general. This is equivalent to an increase in the housing supply, which is unambiguously good. Listen to the episode for the full discussion.

Rentberry, Digital Markets, and Affordable Housing with Alex Lubinsky