Are you into technology? Do people always ask you to help them set up their tech devices? Do you take on roles and jobs where technology helps industries?
That’s how Sean Miller from PointCentral describes himself. He was able to take home automation and build it into an enterprise platform for residential property managers to run their businesses better and provide an amenity that residents want.
[02:48] PointCentral focuses on residential property management; its software is designed for short- and long-term single- and multi-family property managers.
[03:21] Some vendors target both property management entrepreneurs and consumers, winding up undercutting and competing with the property managers.
[04:47] Convenience and operational benefits to home automation technology.
[05:05] PointCentral built an operational benefit with its system for property managers and owners; that’s the base of the ROI, and the rest just adds to cash flow.
[05:15] Operational benefits and savings through locks and history of who is on the property; addresses vacant property risks.
[06:45] Thermostats and energy settings for when tenants are home, property is vacant.
[08:45] Keyless-entry offers greater security because floating keys risk is eliminated.
[09:05] PointCentral home automation integrates with various systems and sites.
[10:18] PointCentral uses cellular lines ( AT&T and Verizon) for 99% uptime reliability.
[12:49] PointCentral is a wholly owned subsidiary of Alarm.com; gets access to robust architecture and policies.
[14:08] Home automation is popular right now, but most startups fail; PointCentral will be in business down the road.
[14:33] Leveraging and access to data; handling security and data privacy issues.
[17:25] Data is analyzed to determine how property managers can do their job better and what information can be useful for problems.
[19:56] PointCentral integrates with Property Meld to coordinate maintenance.
[20:35] Onboarding process to get a property set up; cost is around $125-150.
[23:12] Basic hardware package, which includes a cellular hub, thermostat, and lock, costs about $550.
[24:08] Property manager could charge a fee to have a connected home (turn into profit center) and have language in the lease to prevent changes to the equipment.
[24:22] Cost, operational, and other benefits of home automation with PointCentral.
Home automation offers convenience and operational benefits.
The rest is just gravy and creates a positive cash flow.
PointCentral connects and integrates its home automation.
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Years ago, James Alderson of OnSight PROS witnessed challenges in property management. So, he decided to step in and step up to help property managers get better at what they do.
James wanted to develop a user-friendly and easier way for tenants to do walkthroughs. The missing piece is a new app called MyWalkThru.
[06:10] MyWalkThru app nags tenant to do walkthrough.
[06:40] 3 options on MyWalkThru: Doors are 1) not applicable, 2) observed with no problems, or 3) picture and comment of problem.
[08:15] App solves various problems by making sure tenant does what they need to do.
[08:39] MyWalkThru is contribution focused and fills a need.
[08:56] How does it compare to other software? MyWalkThru is tenant-driven.
[09:50] Add a charge to cover cost of MyWalkThru for property managers.
[10:16] When a tenant is set up in MyWalkThru, tenant info (as well as property info) stays in app account.
[12:15] If you want to be a MyWalkThru member, you have to be given permission.
[12:36] DoorGrow listeners, try MyWalkThru for free to test it and offer feedback.
[13:28] MyWalkThru uses the OnSight PROS logo; separate but related.
[15:00] MyWalkThru can be used for both move-ins and move-outs.
[15:35] All reports are identical to assist objectivity and offer summary of issues.
[19:20] MyWalkThru is for the tenant; that’s the difference between OnSight PROS.
[19:40] MyWalkThru was just released; only are few are using it; there may be glitches.
[21:35] Benefits of signing up for new software; shape it with your input.
[23:30] Future Possibility: Ways to connect with tenant and automatically send them info.
We’re changing the property management industry and its reputation.
Security deposits should just to go away because disputes are a real issue.
Don’t have time or interest in doing inspections? Time is better spent elsewhere.
Offloading Property Management Inspections with OnSight PROS
MyWalkThru on Google Play Store
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