What's not working in the Rental Industry?

[Scott Spanier]

Over the last year, I've had the privilege of working for dozens of property management companies and spoken with hundreds along the way about what's working at what isn't.

While I know that some teams are short staffed and can't keep up with such a hot market, others are saying they can't seem to price their units effectively or need help with maintenance automation. This all makes sense to me for various reasons but I'm wondering what some of the underlying issues are for companies that utilize technology wherever possible.

This is intentionally very open ended because I'm looking to learn about the gaps in the market where pressing issues aren't being addressed. Any opinion is greatly appreciated!

[Kim Meredith Hampton]

pain points, or lack thereof in property management companies, vendors or third parties;

True open API on the software (true all in one mngt software does not exist at this time)

Maint. vendors (lack of quality and quantity)

Supply chain issues and high price points

Staffing (no body wants to work)!!! Ok, yes we can use RTM, but not for everything, at some point in time, we need boots on the ground

Utility management

Legislative (I feel like we are being turned into a somewhat of communistic world) told what we can do with our own properties that we own, pay taxes on, pay insurance and maintenance etc…

Lack of choices on landlord insurance( sky high costs)

Lack of affordable housing, with a stronghold on choices and change from very old laws in place for zoning

These are a few that I could think off the top of mind!