Cobblestone: The All-in-One Solution for Fraud-Free Tenant Screening

Cobblestone is a revolutionary software solution designed to help institutional landlords reduce delinquency and combat fraud in the leasing process. Established in 2023 and headquartered in New York, Cobblestone offers a comprehensive and automated platform that ensures efficient, secure, and fraud-free tenant screening. With the leadership of experienced professionals like Jack Mastrangelo and Jason Scharff, both of whom have notable backgrounds in engineering at companies like Ramp, Facebook, and Robinhood, Cobblestone is paving the way for a more secure and streamlined property management process.

How Does Cobblestone Reduce Delinquency?

Delinquency, the inability of tenants to meet financial obligations, is a critical issue for institutional landlords. Cobblestone’s software aims to minimize these risks through advanced fraud detection and automation tools. By focusing on fraud prevention, landlords can ensure that tenants are screened thoroughly, reducing the likelihood of bad debt and non-compliance. The software’s all-in-one platform addresses key pain points in the leasing process, helping to prevent fraud at multiple levels, including income, identity, and synthetic identity fraud. This powerful combination of features helps landlords maintain financial stability by reducing delinquency rates.

Why is Fraud Detection Crucial in Property Management?

Fraud is one of the most pressing issues facing institutional landlords today. As technology evolves, fraudsters find new ways to exploit weaknesses in traditional leasing processes. Cobblestone offers a shield against these vulnerabilities, providing best-in-class fraud detection methods that significantly reduce the risk of fraudulent applications. By using AI-powered tools to validate identities, verify income, and analyze synthetic identities, Cobblestone ensures that only legitimate tenants are approved, giving landlords peace of mind and protecting their assets from potential losses.

How Does Cobblestone Automate Tenant Screening?

Cobblestone’s all-in-one tenant screening platform offers an effortless solution for property management teams. The platform automates key elements of the screening process, allowing landlords to save time and eliminate human error. This is achieved through AI-powered document scanning, bank and payroll linking, and income verification, all of which occur without manual intervention. These automation features ensure that leasing decisions are made quickly, efficiently, and with full compliance to company policies. With Cobblestone, property managers no longer need to spend countless hours reviewing applications, allowing them to focus on higher-value tasks.

What Makes Cobblestone’s Platform Comprehensive?

The comprehensiveness of Cobblestone’s platform lies in its ability to handle multiple facets of the leasing process in one place. From income verification and ID validation to credit, criminal, and eviction checks, Cobblestone captures and analyzes all relevant data to help property managers make informed decisions. By consolidating these essential tasks into one platform, Cobblestone ensures that no detail is missed during the screening process. This holistic approach provides a powerful barrier against fraud and simplifies the workflow for leasing teams.

How Does Cobblestone Integrate with Existing Workflows?

Cobblestone is designed to seamlessly integrate with existing property management systems and other favorite tools used by leasing teams. This compatibility means that landlords can continue to use the platforms they’re familiar with while adding Cobblestone’s advanced fraud detection and automation capabilities. The platform’s intuitive design requires minimal training for staff, allowing them to hit the ground running without any significant disruption to their workflow. This ease of use is particularly beneficial for teams working across various asset classes, such as multi-family, single-family, and student housing.

What are Cobblestone’s Key Features for Multi-Family and Single-Family Properties?

Cobblestone provides tailored features for both multi-family and single-family property management. For multi-family portfolios, Cobblestone helps eliminate fraud and streamline processes, ensuring that all properties within the portfolio adhere to consistent screening and leasing procedures. The platform's automation capabilities ensure faster leasing and less manual oversight, which is especially beneficial for larger portfolios.

For single-family residential (SFR) portfolios, Cobblestone provides tools to maintain consistency across spread-out properties. The platform’s design helps landlords drive peak asset performance while minimizing the risk of fraudulent tenants entering the system. By providing a unified solution that caters to the unique needs of each property type, Cobblestone helps landlords manage their diverse assets more effectively.

How Does Cobblestone Support Student Housing?

Managing student housing comes with its own set of challenges, particularly the rush of seasonal applications. Cobblestone’s platform is built to handle high volumes of applications effortlessly, ensuring that no errors or delays occur during peak leasing seasons. With Cobblestone, property managers can streamline the tenant screening process even during the busiest times of the year. The platform automates key tasks like income verification and fraud detection, helping to ensure that student housing remains fully occupied with legitimate tenants.

How Does Cobblestone Aid Centralized Leasing?

In a world where centralized leasing is becoming increasingly common, Cobblestone provides the tools needed to manage properties without an on-site leasing office. The platform’s features are custom-built for centralized teams, allowing them to screen tenants, verify income, and prevent fraud from a central location. Cobblestone’s all-in-one solution ensures that centralized leasing teams can operate efficiently without sacrificing security or accuracy in the screening process. This is particularly beneficial for institutional landlords managing properties in multiple locations, where on-site leasing offices may not be feasible.

Why Should Institutional Landlords Use Cobblestone?

Institutional landlords need sophisticated solutions to stay ahead of fraudsters and minimize financial risks. Cobblestone provides the powerful defenses needed to combat modern leasing fraud, reduce bad debt, and streamline operations. Its fraud detection, workflow automation, and comprehensive tenant screening capabilities ensure that landlords are protected from a variety of threats while maintaining a seamless leasing process. Whether managing multi-family, single-family, student housing, or centralized portfolios, Cobblestone provides the essential tools to reduce delinquency and improve asset performance. As the only all-in-one leasing platform designed with fraud prevention in mind, Cobblestone is a critical tool for landlords looking to safeguard their investments.

In summary, Cobblestone stands out as a comprehensive, automated, and effortless solution for institutional landlords facing the growing challenges of delinquency and fraud in property management. With its cutting-edge tools, seamless integration, and industry-specific features, Cobblestone is paving the way for a more secure and streamlined future in real estate.