When it comes to developing online efficiency-improving platforms for apartment sector niches, West Coast-based startups are leading the way.

During the past month, the multifamily sector has seen the launch or announcement of various apps and platforms focused on short-term rentals, application fees and online rent payments.

HomeSuite, a Palo Alto, California-based startup, launches an online source intended to overhaul the short-term rental market in the San Francisco Bay Area. The platform, which will match prospective tenants with landlords by finding properties to rent and vetting them, aims to offers renters more than Craigslist and Facebook.

Demand for short-term rentals are increasing in the Bay Area, as homeowners are finding the time it takes to sell a home is often significantly less than buying one. In short, a number of individuals sell a home, but are unable to purchase a new home until a few months later, equating to the need for a short-term rental.

Aside from these homeowners, the service also targets consultants traveling for business, homeowners awaiting renovations, tech interns, retirees on long vacations and construction contractors.

Up the coast in Portland, Oregon, NoAppFee.com won a startup challenge by designing a platform aimed at elimination multiple application fees and saving renters from completing paperwork for properties they’ll never lease. The platform accomplishes this by matching tenants and landlords according to rental listings and various screening criteria.

According to Tyrone Poole, the company’s founder, the online service is specifically meant to assist the city’s low-income and homeless in finding a home with minimal effort and at a lower cost.

Los Angeles-based RadPad recently updated its online rent payment service, which now allows renters to pay for free if using a debit card. Unlike other online rent platforms, RadPad’s service doesn’t require a landlord to be involved, aside from processing the check the company sends on a renter’s behalf.

Another Bay Area-based startup, Yard Club, has teamed with equipment manufacturer Caterpillar to develop an online peer-to-peer rental platform that could be used by contractors who build apartments.

The platform allows a contractor to rent out equipment that’s in between jobs to another contractor in need of specific machines. The service will feature both Caterpillar and non-Cat products. Yard Club expects to have dealer and customer fleet info installed and ready for rental by mid-2015.

Email Erik Pisor.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription