Interesting line about American Fanily Homes 4 Rent (a REIT which runs a portfolio of X0,000 single family homes): “This business was impossible prior to being able to issue servicing employees smartphones. You couldn’t cost-effectively manage heterogenous assets across US.”
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(If they’re not a software company they have single-digit years until a software person figures out that business, including financing homes at scale and running a leasing operation, and runs rings around it.)
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“I think you’re underestimating how deep a field real estate in.” My father was in it his entire career, and I respect the depth, but it’s easier for software people to identify, hire, and manage real estate expertise than vice versa. (Or that would be my bet.)
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heard today at a conference in Phoenix that one of the most important use of technology in this business is remotely switching off the AC after the contractor is done cleaning the carpets.
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Which conference, if you don't mind me asking?
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This is my favorite thing about businesses: even when they become “software companies” the vast majority of software they write is just baseline engineering. We focus so much in our profession on the the right abstractions/patterns. Most biz process is excel and a web form.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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