21 min

Commercial Real Estate and Multifamily Tech Solutions How to Scale Commercial Real Estate

    • Investing

Today’s Guest is Mike Branam.
 
Mike is Director of Multifamily Sales at PointCentral and has nearly 20 years of experience in real estate technology, Mike has been a part of several successful prop-tech start ups serving the multifamily industry. Join Sam and Mike in today’s episode.
--------------------------------------------------------------
Intro [00:00:00]
Mike Branum's Background and Experience [00:01:02]
Evolution of Smart Home Technology [00:02:52]
The benefits of smart property technology [00:09:24]
Future-proofing smart property technology [00:10:19]
User experience and customization of smart property technology [00:12:08]
Saving on insurance with technology [00:18:52]
Benefits of smart thermostats [00:19:51]
Closing [00:20:39]
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Connect with Mike:
Linkedin: https://www.linkedin.com/in/mikebranam/
Web: https://www.pointcentral.com/
 
Connect with Sam:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.  
 
Facebook: https://www.facebook.com/HowtoscaleCRE/
LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/
Email me → sam@brickeninvestmentgroup.com
 
SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson
Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234
Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f
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Want to read the full show notes of the episode? Check it out below:
Speaker 1 (00:00:00) - I spent a little bit of time in Arizona. So, you know, if it's 115 degrees outside and the outgoing resident has their air conditioning, it's 62 degrees and they're not in that unit for another 90 days. The property is on the hook for, you know, pretty decent chunk of change utility wise. You extract that over a portfolio of 10,000 units. You're talking about significant costs. Yeah, smart property technology solves that, right? So when we start to integrate with property management softwares, so when a resident moves out and the thermostat automatically gets reset, the door automatically locks. Now, maintenance can better serve other aspects of the building to fix that dishwasher that broke yesterday. Right. And and increase service levels and customer or resident service satisfaction. Welcome to the how to scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Mike Branum is the director of multifamily sales at Point Central, and he has nearly 20 years of experience in real estate technology.
 
Speaker 1 (00:01:02) - He's also been a part of several successful prop tech startups serving the multifamily industry. Mike, welcome to the show. Hey, thanks for having me, Sam. Good to be on. Absolutely. Mike There are three questions I ask every guest who comes on the show in 90s or less. Can you tell me where did you start? Where are you now and how did you get there? Where did I start? I started about 20 years ago in real estate technology at the time, really working on startups and had partnered up with a couple folks that had been on the ground floor at Google and they served as mentors for me in understanding property marketing and the rental space and search technology and pioneered that into a company called Rent Pits, which grew into a company called Remotely, which from my perspective, I believe it was the first smart apartment solution to offer smart home technology to the multifamily space. So I've spent the better part of the last dozen years specifically in that space and now leading the central sales and strategy team that does smart property technology.
 
Speaker 1 (00:01:59) - So still coming from where I

Today’s Guest is Mike Branam.
 
Mike is Director of Multifamily Sales at PointCentral and has nearly 20 years of experience in real estate technology, Mike has been a part of several successful prop-tech start ups serving the multifamily industry. Join Sam and Mike in today’s episode.
--------------------------------------------------------------
Intro [00:00:00]
Mike Branum's Background and Experience [00:01:02]
Evolution of Smart Home Technology [00:02:52]
The benefits of smart property technology [00:09:24]
Future-proofing smart property technology [00:10:19]
User experience and customization of smart property technology [00:12:08]
Saving on insurance with technology [00:18:52]
Benefits of smart thermostats [00:19:51]
Closing [00:20:39]
--------------------------------------------------------------
Connect with Mike:
Linkedin: https://www.linkedin.com/in/mikebranam/
Web: https://www.pointcentral.com/
 
Connect with Sam:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.  
 
Facebook: https://www.facebook.com/HowtoscaleCRE/
LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/
Email me → sam@brickeninvestmentgroup.com
 
SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson
Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234
Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f
--------------------------------------------------------------
Want to read the full show notes of the episode? Check it out below:
Speaker 1 (00:00:00) - I spent a little bit of time in Arizona. So, you know, if it's 115 degrees outside and the outgoing resident has their air conditioning, it's 62 degrees and they're not in that unit for another 90 days. The property is on the hook for, you know, pretty decent chunk of change utility wise. You extract that over a portfolio of 10,000 units. You're talking about significant costs. Yeah, smart property technology solves that, right? So when we start to integrate with property management softwares, so when a resident moves out and the thermostat automatically gets reset, the door automatically locks. Now, maintenance can better serve other aspects of the building to fix that dishwasher that broke yesterday. Right. And and increase service levels and customer or resident service satisfaction. Welcome to the how to scale commercial real estate show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Mike Branum is the director of multifamily sales at Point Central, and he has nearly 20 years of experience in real estate technology.
 
Speaker 1 (00:01:02) - He's also been a part of several successful prop tech startups serving the multifamily industry. Mike, welcome to the show. Hey, thanks for having me, Sam. Good to be on. Absolutely. Mike There are three questions I ask every guest who comes on the show in 90s or less. Can you tell me where did you start? Where are you now and how did you get there? Where did I start? I started about 20 years ago in real estate technology at the time, really working on startups and had partnered up with a couple folks that had been on the ground floor at Google and they served as mentors for me in understanding property marketing and the rental space and search technology and pioneered that into a company called Rent Pits, which grew into a company called Remotely, which from my perspective, I believe it was the first smart apartment solution to offer smart home technology to the multifamily space. So I've spent the better part of the last dozen years specifically in that space and now leading the central sales and strategy team that does smart property technology.
 
Speaker 1 (00:01:59) - So still coming from where I

21 min