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DGS 123: Automating Accounting Functions & Creating Capacity in the Workday with Kyle Redding
Description
Do you like dealing with people or properties? Most real estate investors and property managers leave dealing with numbers to their accountants.
Today, I am talking to Kyle Redding, Head of Growth and Sales for Proper. The property management tool uses artificial intelligence (AI) and machine learning (ML) to provide accounting and bookkeeping services. As a former CPA, Kyle has extensive knowledge of accounting, bookkeeping, and customer experience.
You'll Learn...[05:12] Purpose of Proper: Partner with property management companies to set up accounting automation for back office.
[06:10] Proper Position: Works with, doesn't replace other property management tools.
[10:00] Sophistication Fog: Property managers who need additional software and staff to optimize accounting automation.
[12:15] Proper Process: Property managers handle invoices via dedicated email inbox, training, and automated processing.
[17:45] Reminders: Rent is due! Rent is late! Proper's frequency of property management invoices and statements.
[21:10] Proper Competition: Hire bookkeepers/accountants with qualifications, education, and experience to alleviate single point-of-failure.
[29:55] Proper Pricing: Affordable and sliding-fee scale based on price per unit.
TweetablesProper manages the books, you manage the properties.
Proper's Primary Focus: Accounting automation for more scalability and less stress.
Proper's accounting team is not your run-of-the-mill bookkeepers.
Leverage Growth: Partner with Proper to take property management to the next level.
ResourcesDGS 101: Take Confusion Out of Property Management with the Proper App
DoorGrow Cold Leads Calculator
TranscriptJason: Welcome, DoorGrow Hackers, to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow Hacker.
DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it, you think they're crazy for not because you realize that property management is the ultimate high-trust gateway to real estate deals, relationships, and residual income.
At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show.
Today's guest is Kyle Redding of Proper. We're going to be learning about what Proper i