About Scandium Living

Scandium Living is a fast-growing asset operator specializing in mid-term rentals. Catering to business travelers, digital nomads, and relocation clients, they operate a high-volume portfolio where seamless tenant onboarding and reliable rent collection are essential for success. With effective operations being the bread and butter of their profitability, they needed a way to automate rent payments, reduce financial overhead, and ensure a steady cash flow.

The Challenge

Before adopting CasaPay, Scandium Living faced several financial management challenges:

• Unpredictable cash flow: Managing mid-term rentals meant frequent tenant turnover, making rent collection inconsistent.
• Manual tenant vetting: Their in-house team spent significant time screening applicants, causing operational bottlenecks.
• High administrative costs: Processing payments, chasing late rent and debt, and handling financial paperwork increased overhead costs.

With a growing portfolio and increasing demand for efficiency, Scandium Living needed a smarter approach to managing their rental income and financial operations.

The Solution

Since partnering with CasaPay in December 2024, Scandium Living has leveraged our automated rent collection, instant tenant scoring, and built-in financial protections to streamline their operations. CasaPay’s solution offered:

• Guaranteed Rent: Ensuring predictable revenue, even with tenant fluctuations.
• Instant Tenant Scoring: Speeding up tenant verification and reducing administrative work.
• Automated Payments & Insurance: Eliminating manual follow-ups and ensuring financial security.

Currently, around one-third of Scandium Living’s full portfolio is onboarded onto CasaPay, and they are on the path to having 100% of their properties running on CasaPay in the short-term future.

The Results

By integrating CasaPay into their financial operations, Scandium Living achieved remarkable results:

• 40% Reduction in Financial Operations Costs: Automation replaced manual processes, cutting administrative expenses.
• Faster Tenant Onboarding: Instant scoring streamlined tenant approvals, reducing vacancy times.
• Predictable Cash Flow: Guaranteed rent eliminated revenue gaps, allowing for better financial results.

Looking Ahead

With CasaPay powering their financial operations, Scandium Living continues to scale its portfolio with confidence. By removing the friction from rent collection and tenant screening, they are able to focus on growth while ensuring financial stability.

Is your company looking for the same results? See how CasaPay can transform your rental income today.