Smart Apartments' Return On Investment

Smart Apartments' Return On Investment

When considering any major project for your property, both you and your property owners likely have the same question in mind: “What’s the expected return on investment (ROI)?”

The most proactive property management companies are constantly hunting for new ways to either decrease costs, or differentiate their properties. This being the case, the question of a smart apartment’s potential ROI is one that I receive pretty frequently.

Do Residents Want Smarter Apartments?

Do Residents Want Smarter Apartments?

With smart apartments still being relatively new to the multifamily industry, I naturally get a lot of questions from Property Managers and Supervisors. Personally I love answering these questions, because it gives me an excuse to talk more about my passion for home automation. But there’s one question that I undoubtedly receive the most: ”A smart apartment sounds amazing, but how do you know residents actually want it?