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DGS 103: Growth via Propertyware with Inaas Arabi
Description
Property management businesses always want and need products and services to be profitable and grow doors. That's why many of them choose the user-friendly residential rental property management software for single-family properties called, Propertyware.
Today, I am talking to Inaas Arabi, Vice President (VP) of Single Family Rental and General Manager (GM) of Propertyware. He understands the importance of developing new and innovative ways to help property managers attain profitability and growth.
You'll Learn...[04:37] Past and Present Perception of Propertyware: Before becoming GM, Inaas was a customer because of ability to customize system based on business models.
[06:38] Who uses Propertyware? Typically, larger companies wanting to scale and grow.
[07:45] Room to Grow: Never buy a solution for where your business is today; always buy a solution for where you want it to be.
[09:50] Directions for Growth:
- Add units by differentiating services via customization and special offers.
- Increase revenue per door by offering add-on products and services.
- Reduce expenses via automation for manual and repetitive tasks.
[20:33] Propertyware stands behind its platform; serves as business advisor, not only technology provider, to solve pain points.
[23:54] Facilitating Future Integrations: Freedom to connect with third-party tools, vendors, and services.
[27:40] API Connections and Challenges: Propertyware provides two-way data exchange that's maintained in one system.
[34:50] Status of Property Management Industry: Advocate, educate, and train others on legislation and awareness to protect tenants and landlords.
[45:38] Should you switch software? Break up dysfunctional system to experience freedom by having good data, building relationships, and improving processes.
TweetablesNever buy software for where you're at today; always buy software for where you want to be.
Pick property management software that you can live with for the long-term to grow.
Automate mundane tasks performed by property managers via software.
Kiss of death is double entry and manual input.
Resources 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 d