Any new technology in rentals?

[Lane Kawaoka]

Ideas I had:

• Nest automates thermostats and one day in the near future is a good implementation in B rentals • HVAC or dishwasher breaks and technology can alert you • Technology good for B and A class • Class B rentals are having Amazon lockers and these Nest thermostats • Know your avatar • At one time backsplash in kitchens was unheard of and now its a cheap fix • What is standard in the market? Dishwashers, garage doors, laundry price, etc.. • Zillow gives good filters for amenities like washer and dryers • Ask your property management what is standard • SFH’s should have the tenant paying the utilities • RUBS is Reimbursement Utility Billing System • Skeptic on keyless entry soon but good for short term rentals • A lot of new hardware and software coming but lets try it out at our own homes first yea 😁 • Use the technology in your rentals for tracking and monitoring • Don’t have personal relationships with your tenants • Property manager’s are the most critical people on your team and go off referrals • Yelp is just angry vendors writing bad reviews for each other • I look for the negative reviews as a good thing because they don’t want to cave in to resident requests • A nest thermostat or Thanksgiving turkey might be a good gift to bait a longer contract