• Hidden Profits Revealed: How AI Transforms Multifamily ROI

  • Sep 24 2024
  • Length: 57 mins
  • Podcast

Hidden Profits Revealed: How AI Transforms Multifamily ROI

  • Summary

  • Yardi is value add for multifamily real estate. Period.

    ‘Value add’ and ‘forced appreciation’ are usually tied to exterior upgrades, paint, carpets, kitchens, and amenities to drive net operating income (NOI).

    Yardi is redefining that.

    You can buy a building where the traditional value add has already been maxed out, implement Yardi’s systems, and—Presto!—you’ve just added more value, boosting NOI.

    If you’re not using Yardi’s AI-enhanced systems, you’re falling behind.

    My guest today, Paul Yount, Industry Principal, Residential, shares how Yardi helps you dominate your competition and increase returns for you and your investors.

    Here’s what you’ll learn about:

    • Virtual Assistants for Leasing: Yardi’s AI chatbot, Chat IQ, automates responses to prospective residents via email, text, and voice. It provides faster, more effective responses than human interaction, helping you lease up quicker, convert more leads, reduce vacancies, and drive profits.

    • Maintenance AI: Yardi's AI doesn’t just log maintenance requests; it diagnoses and suggests solutions proactively, cutting maintenance requests by 17%. This streamlines operations, reduces costs, and improves resident satisfaction.

    • Virtuoso Assistant: Designed for internal use, this AI assistant allows property managers to request and analyze performance data—like rent rolls or occupancy reports—via simple commands, optimizing decision-making and boosting management efficiency.

    Bottom Line: If you’re a multifamily operator facing property management challenges, this podcast is a must-listen.

    *****

    The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: • practical guides, • how-to's, and • news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI

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