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Roofstock Acquires Tenant Screening Company RentPrep.

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Vincent

MANews-(C)2009-2022

California, US-based Roofstock, a digital platform for buying, selling, and managing single-family rental investments, has acquired US-based tenant screening company RentPrep, the company said.

This transaction follows Roofstock's recent acquisitions of Great Jones and Stessa, as Roofstock continues to deliver tech-enabled solutions designed to make investing in the USD 4tn SFR market radically accessible and efficient for both individual and institutional investors.

RentPrep is a digital tenant screening company that allows landlords and property managers to efficiently perform credit, criminal, and other background checks.

Its model leverages technology along with certified screeners authenticating results to ensure the data being given to landlords is not just quick, but also accurate and compliant with the Fair Credit Reporting Act.

Individual investors can order screening reports from RentPrep's website, and property management clients can integrate RentPrep into their own solution by leveraging RentPrep's APIs.

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