Peter Lohmann's Podcast How LeaseLock Is Redefining Multifamily Risk with Janine Steiner Jovanovic
Oct 30, 2025
Janine Steiner Jovanovic, CEO of LeaseLock and a PropTech innovator, discusses her journey from a family real estate business to leading a game-changing company. She highlights how LeaseLock replaces traditional security deposits with lease insurance, making renting more affordable. Janine delves into the future of property management, noting the impact of AI and data trends post-COVID. She emphasizes a renter-first approach in product design, ensuring fair pricing while addressing challenges like fraud and self-screening.
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Episode notes
Why DIY Deposit Pools Rarely Work
- Self-funded deposit-like fees face regulatory limits and can't easily spread risk across ownership entities.
- Large owners or REITs can sometimes self-insure, but most need an insured solution.
Screening Tools Curbed Post‑COVID Fraud
- Fraud spiked post-COVID but industry tools (document validation, bank connects) have reduced its impact.
- LeaseLock tracks lease and ledger-level risk to manage delinquency without using renter screening data.
Renters Screening Themselves Is Coming
- Janine predicts renters will screen themselves and match to properties, reducing application costs and wasted rejections.
- This inversion could lower operator processing costs and improve renter experience.