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COVID-19 Is Increasing the Need for Smart Home Automation Technology

The COVID-19 pandemic has resulted in a worldwide effort to stay and work at home, socially distance from others when outside, and avoid contact with communal surfaces. At the same time, the smart home technology market is overflowing with innovative and exciting new gadgets. With the new realities of homebound life, many are turning to smart home technology to make…

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How to Protect your Rental Business from Unexpected Future Interruptions

Running a rental business is difficult, but rewarding. COVID-19 is certainly one of those difficulties, so much so that issues outside the pandemic might be ignored or shrugged off as insignificant in comparison.  These factors aside from a pandemic could disrupt your business in the future and that there are steps you should take preemptively to protect your interests. There’s…

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How to Increase the Value of Your Rental with Smart Home Automation

There’s no question that people’s values change over time, and as a consequence, the things they value in their rentals change as well. For today’s rental properties, it’s not enough to be clean, well-photographed and well-reviewed. You must also find a way to differentiate your property so that renters know that it provides an experience and sense of escapism that…

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Make Your Vacation Rental Ready for Summer 2020

The entire country is taking a timeout from real life to follow the hunkering-down, stay-at-home orders, as the government tries to limit the spread of Coronavirus. As a result, traditional spring break vacations have been postponed or canceled. But once this pandemic has passed, many people will be eager to celebrate with a vacation.  That means that real property investors…

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Sick Building Syndrome: What Is It and How Can IoT Help?

When we think of air pollution, we imagine hazards such as a coal-burning factory emitting thick, black smoke, an old jalopy with too much engine exhaust, or a layer of cough-inducing smog hanging over a city skyline. We don’t think about the air quality in our homes and offices. Nevertheless, the condition of the air inside the buildings where we…

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How COVID-19 (Coronavirus) Is Impacting the Real Estate Market

Property owners know how red-hot the housing market was in this country in 2019 and even into the first few months of 2020. But then came the COVID-19 outbreak, causing disruption in the economy, closed businesses and soaring unemployment.   It is no surprise that the coronavirus called COVID-19 is impacting the housing market. Few sellers are listing homes, and…

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Seamless Access Control In A Multifamily Multi-Door Community

Multifamily buildings have a lot of locked doors. There’s a door to enter the building, doors to the apartments and many more in between. There’s a door for the exercise room, the laundry room, the storage room, the community patio level, the pool, and more. And there are a variety of people who need access to some or all of…

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Drips • Damages • Dollars

Property managers have the monumental challenge of caring for hundreds or even thousands of properties, some occupied and some not. Vacant properties are especially challenging for the very reason that nobody is around to raise a flag when problems arise. And one of the worst things that can happen in a vacant property is a water leak since it can…

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How to Prepare Your Home for Travel With Smart Technology

No matter how secure your neighborhood feels, leaving your home alone while you’re traveling may come with a touch of anxiety. After all, the most recent FBI statistics on property crime reveal the following: More than 7 million property crime offenses happened in the United States in 2018. The rate of property crime was almost 2,200 per 100,000 inhabitants in…

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Occupancy Rate for Vacation Rentals: What Is It and How Do You Calculate It?

Occupancy rate is a key performance indicator (KPI) for the hotel and vacation rental property industries. Property managers use this indicator to measure the health and performance of their businesses.  Calculating your occupancy rate for a given period of time is as simple as dividing the number of units available by the number of units occupied. However, there’s a little…

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