Internet of Things - Just Hype or Worthwhile Investment

[Shawn Zimmer]

So there's been some major adopting starting up with major real estate management and development builders when it comes to units preinstalled with smart home devices. Putting in a smart devices doesn't have to be a big seed capital investment especially if it's just something like a smart thermostat and a smart security cam. Do you see it as something tenants are asking for/willing to pay more for yet?

[Brad Carrier]

I'd be very careful about which companies devices get used. I.T. people usually call IoT the internet of unpatched things for a reason. I'd hate to build a technology into the business plan and find out the company dropped support for the devices after a year to force expensive upgrades.