How Can Landlords Profit from the Internet-Of-Things

[Al Williamson]

Wi-Fi enabled sensors will soon be embedded into nearly every product so "owners" can monitor the data the object sends. A gate may send a signal meaning "I'm open" and a chair may send a signal saying "183 lbs." Useful info for cattle ranchers or restaurant owners, but how about landlords?

How will landlords profit from the internet of things?

[Dawn Anastasi]

How about instead of a "smoke detector", a "rent detector"? If the rent is unpaid, it will sound a "reminder" once an hour -- "the rent is due, the rent is due". Just swipe your credit card and pay the rent and the reminder message goes away.