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All Forum Posts by: Kane G Pickrel

Kane G Pickrel has started 3 posts and replied 7 times.

@Maya Roberts

@Rachel Foster

Gotcha, that all sounds great. What features do you think would make the renting experience better for the renter and incline them to renew their lease? 

@Maya Roberts 

@Rachel Foster

Okay, thanks for the feedback I really appreciate it. Maybe to pivot the question, do either of you have any recommendations or grievances with the software geared for managers with smaller portfolios or the ones that you use? What are your thoughts on AI to facilitate communication between the landlord and tenant? Any feedback is greatly appreciated 

Okay so it seems Propertyware, Buildium and Appfolio are some of the best softwares in the property market. Why is one better than the other? What are features they should take on that would change the industry?

thanks all

@Taylor Roeling It does, thanks. All those things can be well managed on an app and certainly makes life easy for the landlord or PM. I think there are a number of companies trying to update those issues however I am interested in the socioeconomic impacts that a software might have on encouraging development in impoverished neighborhoods. It may not seem relevant but have you had any experience or problems related to the areas with high levels of foreclosed or vacant housing? 

Okay, so I am looking to get some feedback from real and experienced property managers and landlords (less than 50 units) on the subject of management software.

What are the biggest problems in property management today and why do you think they haven't been solved ? What new technology are real estate investors overlooking and what are managers really struggling to do that technology may be able to do better?

My bad, I wanted to be broad enough to generate responses from many facets. 

My question is trying to zoom in on the current state of how properties are maintained. I want to hear from professionals what problems they believe are still unsolvable (whether its 10 or 100 units being managed) in the age of the internet. I have yet to see a software developed that is focused on tenant retention/portfolio growth and want to see what is currently out there if it already exists. 

Why are these prior features important in a software? Because growth is your path to financial freedom and retention is your sustainability; it also means your tenant is happy and that should be your utmost priority. There are also socioeconomic implications of the rise of vacant housing across the country. This leads to more crime, government costs and surburbial nomads. Businesses suffer at the hand of new development and anticipated population growth in new parts of the city. Our environment also is at risk for pollution as we spread ourselves thin. 

Predictive data analytics and cheap hardware have just recently been disrupting many industries with settled orthodoxies of operation and I believe property management is still operating on mostly the same ideas (again I am not a professional, just an observation).  

Getting people into renovated and recycled homes is empowering to neighborhoods and to those that maintain them.

I know I rambled but if anybody has any interest in moving this discussion forward or further questions on my prompt I would love to hear from you, thanks a lot.

Okay, so I am looking to get some feedback from real and experienced property managers and landlords on the subject of management software. 

What are the biggest problems in property management today and why do you think they haven't been solved ?  What new technology are real estate investors overlooking and what are managers really struggling to do that technology may be able to do better?