Ryan Barone
- Co-Founder and CEO at RentRedi
GetLatka interview
How RentRedi Passed 5,000 Landlords on a $9 Per Unit Per Month Model (Interview with Co-Founder Ryan Barone)
Ryan Barone (Co-Founder and CEO of RentRedi) spoke to Nathan Latka on November 9, 2021.
RentRedi figures from the interview
- Customers (Landlords) (2021)
- 5,000+
- Growth Rate (2021)
- 10% month over month
- ARPU per unit (2021)
- $9 per month
- Total Funding Raised
- $5M
- Team Size (2021)
- 20
“Believe it or not, they only pay $9 a month on average, and that's total per unit. So it's a pretty unusual business model that we've set up, but it has worked really nicely for a lot of landlords that do want to manage their property, have a bit of a premium service, but not necessarily pay premium price of, know, feel like they're being taxed on their growth.”
“We have landlords actively managing in all 50 states. And we've three x that number actually this year, just in the year to date so far.”
“I mean, I think in the early days when testing out different channels, going back to the beginning of last year, we're spending upwards of a thousand dollars a customer to add.”
Bio
The brain behind RentRedi’s software, Ryan Barone is the company’s CEO & co-founder. Before launching RentRedi, he worked at Goldman Sachs and PricewaterhouseCoopers (PwC). Ryan enjoys speaking about entrepreneurship and why he built RentRedi to improve the renting experience. Ryan is an avid basket fan & enjoys playing music (drums, piano, and guitar), cooking, and traveling.