In this article, I’ll explain why in 2024, it’s better for startup founders to bootstrap their startup, not just for as long as they can, but maybe forever.
In this article, I discuss how revenue management systems work, why the status quo is a problem, and where the industry is heading.
Access to high-quality data enables real estate professionals to make informed decisions by understanding market demands, performing accurate valuations, and driving smarter investments. Here are some of the best sources of real estate data in 2024.
Choosing the best property management software for your real estate business can be complicated. This article covers some of the things we'd recommend looking at, as well as our Top 5 recommendations for multifamily investors and property managers.
Property managers, landlords, and investors all understand the importance of maintaining high occupancy in rental properties. To consistently attract and retain tenants though, sometimes you have to offer rent concessions, also known as specials.
One important data point for any multifamily analysis is Net Effective Rent (NER). This guide will demystify net effective rent, discuss its importance in multifamily properties, and introduce some indispensable tools and calculators that can help property managers and investors make informed decisions.
Fair Market Rent (FMR) is a term used in the United States to describe the amount of money that a property would rent for on the open market. It's often used in the context of various housing and rental programs, including those overseen by the Department of Housing and Urban Development (HUD).
With recent advancements in artificial intelligence, there are many ways multifamily real estate investors can leverage AI to enhance decision-making, improve operational efficiency, and maximize returns. But at the same time, it is a LOT to process – it can be difficult to know where to start with AI.
Due diligence is a critical step in any business transaction, acting as a safeguard against potential risks and ensuring a thorough understanding of all parties involved.
As every real estate professional knows, when an appraiser determines the market value of a single-family home, they look at recently sold comps. Why doesn't the multifamily industry do this when pricing apartment units?
Prompt libraries serve as centralized, categorized repositories of prompts that enhance the efficiency and reliability of AI models. They are particularly useful for tasks like image and text generation. This article highlights added functionalities like version control and data governance that make these libraries invaluable.
Drawing from my own experiences in large-scale product development as a former Chief Product Officer at a publicly traded mortgage lender, I hope to provide you with valuable insights on how to identify the internal problems worth solving and select the key stakeholders to drive your solution forward.
The process of developing internal products comes with a minefield of potential pitfalls unique from those of external customer-facing products. This nuanced landscape demands a different approach to product development – one that borrows from the agility of startups, but scales to fit within the organizational dynamics of larger companies.
Learn how image alt text and SEO can help real estate businesses increase their visibility and reach more potential renters and buyers. Get tips on optimizing real estate listing photos with strong alt text from HelloData.ai.
We’re building a platform that arms real estate with AI, but respects the tried-and-true methods of an industry that has created more millionaires than any other in history.
If you’re a tech savvy real estate professional, you know that performing a comparative market analysis (CMA), also referred to as a rent survey for multifamily properties, is essential for determining the value of a property. But what if you don’t have the budget to pay for expensive CMA data sources?
If you want to be successful as a real estate investor, you need to make sure you are maximizing the profit from your properties. RentSource.ai can add real-time rent, availability & property data to your real estate technology products and market studies.
In most cases there are a few simple, low-cost changes you can make to a home's exterior to significantly improve its Quality Score and even potentially increase its value. Here are a few simple tips the team at QualityScore.ai put together to help you improve curb appeal and add value to your home or real estate listing.
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