Residential Property Management case study

SJC Management Group x Boom

SJC Management Group and Boom work together to expand resident benefits offering.

This case study is based on an interview with Rebecca Miller, Assistant Property Manager at SJC Management Group. All quotes are attributed to her unless stated otherwise.

SJC Management seeks to expand their resident benefits package with a free amenity, rent reporting.

The SJC Management team has over 30 years of experience in residential property management. As a full-service property management company, they handle everything from tenant relations to marketing to maintenance and more. As they’ve grown to manage 600+ properties across the state of Washington, SJC continually seeks out new ways to better serve their residents. In January 2024, they sought out Boom to add an additional component to their resident benefits package: on-time only rent reporting to help their renters build credit.

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"Our renters were definitely interested and didn’t hesitate to enroll. Surprisingly not very many questions. The entire process was very smooth.”

Key benefits to SJC Management residents

Credit building opportunity

With Boom, renters can build their credit over time as they make consistent, on-time rental payments.

Tri-bureau reporting

Boom reports rent payments to all three major credit bureaus—Experian, Equifax, and TransUnion.

Free credit score tracking

All renters using Boom can track their reported payments and credit score progress via the Boom app.

Renters can track their rent reporting, monitor their credit progress, and access financial wellness tools - all within the app
Average app rating score

Our mission

At Boom, our goal is to make housing more flexible, affordable, and rewarding.

Our history

Boom was started in late 2020 as one of our co-founders, Rob Whiting, helped two of his family members navigate housing instability due to
COVID-19 - related job loss. During this time, he saw just how archaic and difficult renting remains for the majority of the 110 million renters in the US like his family members. And the rent payment is at the center of this.
Not only has rent increased >4x faster than income for the majority of renters since the early 2000s, but the tools available to renters and landlords alike has similarly stagnated. Rent remains one large lump sum, with no additional benefits on top of paying rent - a fact that can make renting feel like money down the drain. At Boom, we believe that housing can be more flexible, affordable, and rewarding. We’ve started by enabling you to build credit with the rent payments you already make.

Our backers

Starting Line

Ezra Galston

Clocktower Ventures

Ben Savage

Company Ventures

Matt Harrigan

Gilgamesh Ventures

Andrew Endicott & Miguel Armaza

Chingona Ventures

Samara Hernandez

Affirm syndicate

Jeffrey Shu

William Hockey

Plaid co-founder

Zach Perret

Plaid co-founder

Siesta Ventures

Pau Sabria (Olapic co-founder)

Sergio Furio

Creditas founder

Misha Esipov

Nova Credit co-founder

Cyril Berdugo & Tom Petit

Landis co-founders

Will Lucas

Mint House co-founder

Todd Benson

Citi private equity co-founder

Key metrics

15
Minutes of work per month per 1000 unit portfolio
28
Average point increase within 2 weeks
1
Day or less to sign up and start reporting

About SJC Management

SJC Management Group is a full service real estate company specializing in residential property management. Our professional, full time property managers are working for you; whether you are an Owner or a Tenant, working with the professionals at SJC will simplify the rental process. We are committed to providing quality service. Our knowledge and hard work benefits you and helps reduce the stress and anxiety often associated with rental properties.

About Boom

Boom is on a mission to level the playing field for the 110+ million renters in the US by making housing more flexible, affordable, and rewarding. Boom is building a suite of rental financial services for renters and  property managers, including rent payment reporting, rent reporting-as-a-service, and a number of integrations for the largest property management systems (PMS). Now serving thousands of renters, Boom is led by second-time founders Rob Whiting (ex-BCG, Rubicon) and Kirill Moizik  (ex-Eco, Technion, Grubhub).