How Performance Properties turned multi-day screening into minutes while staying compliant in Portland

This case study is based on interviews with Kay Lopez, Resident Relations Coordinator, and Brendan Gordon, Portfolio Manager, at Performance Properties Inc. All quotes are attributed to Kay unless stated otherwise.

Performance Properties at a glance

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Key Points:

  • 600+ doors across Portland
  • Operating under Portland's and Oregon's strict screening rules
  • Asset type: single-family, multifamily, and commercial
  • Integrated with AppFolio, their existing PMS
  • Screening results in minutes instead of at least three days

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Asset type: Single-family, multifamily, commercial

PMS: AppFolio

BoomScreen user since: 2024

About Performance Properties Inc.

Performance Properties Inc. (PPI) manages single-family homes, multifamily properties, and commercial space across Clackamas, Multnomah, and Washington counties. Every application they process has to meet some of the strictest screening rules in the country, set by the City of Portland and the state of Oregon on top of federal law.

PPI has used BoomScreen since 2024. We first spoke with the team a few months after they switched. Two years later, we went back to Kay Lopez, who runs screening day to day, to hear how it's going.

Three days of waiting on every applicant

Before Boom, PPI sent every application to an outside screening company. Credit came back quickly. Everything else did not.

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"It would take at least three days. They would have to gather all the information, and getting the rental reference would take longer, even if the applicant didn't upload the proper documents. It was making our progress very backtracked and very slow."

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Three days is a long time when someone is waiting to move in. Applicants wanted answers, and owners wanted their vacancies filled.

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"People wanted to move in within those three days. We wanted to know if we were able to move them in and have the home rent ready. We had to rush things at the end, and that's something we did not want to do. It was a lot of pressure for us and for the resident."

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The delays also landed on Kay's desk. When the screening company got stuck, she was the one following up.

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"It was me constantly checking up on them, emailing them, asking what we were waiting for. If they told me they were waiting on something, I would end up reaching out to the applicant myself, getting that information, sending it back to screening, and double-checking it."

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Half the workday, spent double-checking

All that back and forth added up. Kay estimates that screening took about half of her day.

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"We only work eight hours a day, and I would say half of that time I was looking at and double-checking applications. It was a back-and-forth thing, either email or phone call, and I was talking to multiple people at the same time."

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With a two-person in-house leasing team also handling move-ins, that time was hard to spare.

Results in minutes

With BoomScreen, screening starts the moment an applicant submits.

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"When we get a notification, I can already see their credit report. Some things like income are still loading, but we instantly get the credit report back. We've never received information that fast."

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Applicants typically finish their BoomScreen application in about 45 minutes, and in recent months, half of PPI's applications have reached a decision in under two days. That's the full process, including PPI's own review and Portland's required steps. Kay now spends that time reviewing results instead of chasing them.

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"That's taken a lot off my plate. I've been able to rely more on Boom for our screening process, and once we get it back, we can double-check whatever we need quickly."

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More detail behind every decision

Speed was the reason PPI switched, but Kay says the depth of the reports is what the team appreciates most now.

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"With our previous screening, we would only get basic information, like a certain number of violations. Boom gives us all the details we need to know, like whether the applicant was convicted and what year it was. For credit, we see specifically what they're in debt for or what they're past due on."

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That detail matters because PPI holds every applicant to written criteria, and its property managers and owners want to know exactly who is moving in.

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"The more information, the better for us, because we get to know more about who we're putting into our vacancies. We want to put good residents into our homes so our owners can be happy."

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Built for Portland's screening rules

Portland requires landlords to advertise a rental for 72 hours before processing applications, and to consider only one application at a time for each unit. Income requirements also differ inside and outside city limits: 2x the monthly rent in Portland, compared with 2.5x elsewhere in Oregon.

BoomScreen handles each of these. The Boom team activates application links once the 72-hour window ends, links shut off automatically after an application comes in, and separate screening templates apply the right criteria by location.

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"With other screening companies, they receive multiple applications at one time. With Boom, it closes it right up after one. It saves a lot of people's time, and money." (Brendan Gordon, Portfolio Manager)

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Fewer calls from applicants, faster answers from Boom

With the old provider, applicants regularly got stuck partway through and called PPI's leasing team for help. Because PPI didn't control that system, the team had to send them to the screening company directly.

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"They would have to contact them constantly, like, 'I'm not able to go to the next page because it's not letting me upload this.' We've gotten better feedback now, and the process is so much better."

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For applicants who prefer help in person, PPI's staff sit with them at the office and walk through the application step by step.

When PPI's own team has a question, they hear back quickly.

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"Every time I have a question or concern, I reach out to your support and I get a response in less than an hour. With our previous one, I didn't hear from them for hours, and I would have to pick up the phone and call them."

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A selling point with owners

PPI now brings up Boom when it signs new owners.

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"When we bring on new owners, we let them know we have Boom. We get applications within minutes, and they're screened within minutes. The faster we have that information, the quicker we can move residents into their vacancies."

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The results

Two years in, BoomScreen has changed how PPI's leasing team spends its day:

  • Screening in minutes, down from at least three days with their previous provider
  • Half of applications decided in under two days in recent months
  • About 45 minutes for a typical applicant to finish their application
  • Much of the half-day Kay used to spend double-checking applications, back for other work
  • More detailed criminal and credit reports behind every decision
  • Portland and Oregon compliance handled through link controls, timed activation, and location-based templates
  • Support responses in under an hour
"I would definitely recommend Boom to any property management company. Your team is always responding to us in less than an hour, and our applications get processed so quickly."

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About Performance Properties Inc.

Founded in 1987, Performance Properties Inc. is a full-service property management company serving owners and residents across the Portland metro, including Milwaukie, Lake Oswego, and West Linn. A member of NARPM, PPI manages single-family homes, multifamily properties, and commercial space, and offers tours seven days a week to help fill vacancies quickly.

About Boom

Boom is the AI-powered rental operating system for property managers. The platform connects leasing (BoomCRM), screening (BoomScreen), and resident reporting (BoomReport) into one system, replacing the fragmented point solutions in use today. Boom serves single family rental, manufactured housing, and multifamily operators.

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How Performance Properties turned multi-day screening into minutes while staying compliant in Portland

This case study is based on interviews with Kay Lopez, Resident Relations Coordinator, and Brendan Gordon, Portfolio Manager, at Performance Properties Inc. All quotes are attributed to Kay unless stated otherwise.

This case study is based on interviews with Kay Lopez, Resident Relations Coordinator, and Brendan Gordon, Portfolio Manager, at Performance Properties Inc. All quotes are attributed to Kay unless stated otherwise.

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“I would definitely recommend Boom to any property management company. Your team is always responding to us in less than an hour, and our applications get processed so quickly.”

Key benefits to Performance Properties 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.

Exceptional 24/7 customer support for Performance Properties applicants

Response times <2 minutes

Customer support for you, your applicants, and your renters in minutes, not days.

Single POC for disputes

As a CRA, Boom handles all screening report disputes, requests for report copies, and requests for data updates,

Bilingual support

English and Spanish support for your renters—and more languages coming soon.

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

<2
Days to a decision for half of applications
45
Minutes for a typical applicant to finish
<1
Hour for support to respond

About Performance Properties

Performance Properties at a glance

‍

Key Points:

  • 600+ doors across Portland
  • Operating under Portland's and Oregon's strict screening rules
  • Asset type: single-family, multifamily, and commercial
  • Integrated with AppFolio, their existing PMS
  • Screening results in minutes instead of at least three days

‍

Asset type: Single-family, multifamily, commercial

PMS: AppFolio

BoomScreen user since: 2024

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).