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Technology Adoption

Is It Smart to Buy a Vacation Rental Investment Property This Year?

vacation rental industry statistics

Investing in a vacation rental property can be a highly profitable venture as long as we use strategic, well-informed decision-making. “Location, location, location” is, perhaps, the gold standard when it comes to property investment enterprises. It also describes the threefold feasibility of getting into the vacation rental market. Given the pandemic-related setbacks, who is going to start renting vacation homes…

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6 Unique Apartment Amenities That Are Quickly Becoming Mainstays

unique apartment amenities

As multifamily homes and multipurpose apartment complexes continue to claim space in urban and suburban cities, developers are getting creative with amenities. The number of these properties is increasing, and so are renters’ expectations and standards when choosing where to live. More and more, residents are happy to pay for convenience and will choose their new home accordingly. If you’re…

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How Keyless Access Helps Vacation Rental Managers and Owners During Spring Break Season

keyless access for vacation rentals

We all want to spend more vacation time with our loved ones, and a last-minute spring break getaway could be one of the best ways to do that. But if you’re on the other end of the vacation spectrum – and you’re managing a vacation rental property – spring break season can be a hectic time of the year. So…

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How Technology Is Improving the Efficiency of the Multifamily Housing Businesses

multifamily homes and technology

Success in the multifamily home real estate industry hinges upon your ability to achieve optimum occupancy levels, reduce loss, make your operations more cost-effective. To achieve these goals, marketing and operations are two of the most critical areas where your business needs to excel – and it’s in these areas where tech-forward property businesses win a significant leg up on…

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Why Smart Home Tech is a Necessity for the Gen-Z Renter

gen z rental market

Safety and security, convenience, transparency, cost savings, and environmental sustainability – there are plenty of reasons to integrate smart technology into a rental property.  For the Gen-Z renter, technology integration in all areas of life is almost inextricably linked to their value system. Gen Z already represents 40% of consumers. They are just now graduating from college, which means they…

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Rebuilding Renter Trust with Smart Home Tech in a Post-Pandemic Market

rebuilding renter trust

COVID-19 vaccines are rolling out across the globe, but even with a successful vaccine, concerns over hygiene and social distancing are likely to persist. In fact, Dr. Anthony Fauci warns that the need for masks and social distancing will endure long after the distribution of vaccines.  Whether you are managing a short-term or long-term rental property business, this means that…

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Single-Access Convenience with PointCentral App and ButterflyMX’s Seamless Mobile Integration

Multi-tenant properties, such as condominiums and apartment buildings, typically use an intercom system to allow residents to communicate with and grant building entry to non-residents.  Most intercom systems are still separate from smart home systems – with which many rental residential properties are now equipped. This inefficiency means residents have to use different access controls to use the intercom and…

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Connected Retro – PointCentral’s Retrofit Solution for Telephone-Based Intercoms

The right smart home system is expertly designed to make essential home functions, such as home access, security, thermostat control, and lighting control, fully automated, and more efficient. Home life becomes more convenient, secure, and operational costs are minimized when you choose the right smart home systems.  While home automation is supposed to make life easier, installing a smart home…

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How Smart Home Tech Is Shaping the Future of Real Estate Showings

COVID-19 pandemic conditions and social distancing recommendations make real estate showings challenging. How are you supposed to show a property to a would-be renter or buyer without physically meeting them? Moreover, if you’re looking for a new home, how can you expect to shop around without interacting with multiple property managers or real estate agents? The answers to these questions…

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How to Minimize the Impact of COVID-19 on Your Multifamily Real Estate Business

multifamily building

The COVID-19 pandemic has negatively affected virtually every financial industry, including the multifamily real estate industry. To minimize these impacts and ensure that your multifamily real estate business can survive the pandemic, it’s important to understand and prepare for the future of multifamily real estate after COVID-19. In this article, we’ll highlight the most relevant COVID-related trends in multifamily and…

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