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In this conversation I'm joined by Zumper Co-founder and CEO, Anthemos Georgiades. We discuss the evolving landscape of the rental market, highlighting the record supply of rental units in 2024 and the implications for renters and property management companies. I was excited to discuss the latest partnership between Zumper and Airbnb, exploring how this collaboration reflects the convergence of long-term and short-term rental markets. Anthemos has been in the trenches of this industry for quite a few years, stays in the data, and have some interesting outlooks for the industry to come. Do not miss this important episode!
More about Anthemos and Zumper
After standing in the rain in London to try and get an apartment in his 20s, Anthemos realized how antiquated yet massive the rental industry was. So, Zumper was founded in 2012 in San Francisco, kicking off at TechCrunch Disrupt, to modernize the rental industry and they are now the largest privately owned rental platform in North America.Zumper is the largest privately owned rental platform in North America with more than 76 million site visits a year. Zumper is on a mission to make renting a home as easy as booking a hotel. To date, Zumper has raised over $178 million from Kleiner Perkins, Goodwater Capital, Headline, Dawn Capital, and the Blackstone Group.
Connect with Anthemos on LinkedInFollow Anthemos on TwitterFollow Zumper on TwitterCheck out Zumper -
In this conversation, I talk with Nicholas Johnson, Founder and CEO of Orange Charger, about the challenges and opportunities in the EV charging industry, particularly for multifamily homes. He describes the importance of user experience, connectivity, and the role of software in managing energy consumption. We also get into the evolving landscape of property management as it relates to EV charging infrastructure and the future of energy management solutions.
More about Nicholas and Orange Charger
Orange Charger is an Energy Management Solution for multifamily homes. Orange's right-sized charging solutions are reliable, affordable, scalable, and purpose-built for these properties.Nicholas is passionate about enabling humans to live carbon-neutral lives without compromising lifestyle. Before starting Orange, he built A.I. software to optimize traffic signals to reduce congestion. He started his career at Tesla as an electrical design engineer, bringing the Model 3 thermal designs to market.
Connect with Nicholas on LinkedInFollow Orange Charger on TwitterCheck out Orange Charger -
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Peter Gudmundsson, CEO of BeHome 247, discusses the challenges and opportunities in the short-term rental and vacation rental industry. He emphasizes the importance of delivering a consistently excellent guest experience and the need for brand consistency. Gudmundsson also addresses the impact of local zoning regulations on the industry and the role of technology in improving operations and guest satisfaction. He highlights the value of a unified operations platform that integrates various systems and provides real-time visibility for property managers. BeHome 247 provides a unified operations platform for the short-term rental and residential property management industries. The platform integrates various functions such as maintenance, housekeeping, guest communication, and vendor management, improving operational efficiency and customer experience. The CEO, Peter Gudmundsson, emphasizes the importance of thinking systemically and avoiding the purchase of point solutions that lack coordination. He also discusses the role of AI in customer service and the need for a balance between technology and human interaction. Gudmundsson predicts that the industry will see more consistency of delivery and that digital curb appeal will become a critical factor in property judgments.
More about Peter and BeHome247
BeHome247 provides residential and STR/VR real estate owners/operators and property managers with a tailored operations platform. The technology controls smart devices, operating workflows, and resident communications.Peter Gudmundsson is CEO of BeHome247. He has been running small and medium-sized businesses in technology, content, and human capital for over twenty-five years.
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In this special episode, you'll get to listen in on conversations I had while attending Blueprint Conference, 2024.
Here's the list of guests in this Part 2 of my Blueprint Conversations series.
Kenon Chen, EVP of Strategy and Growth at Clear Capitalhttps://www.linkedin.com/in/kenon-chen-72201b4/https://www.clearcapital.com/John Rogers, Chief Data & Analytics Officer at CoreLogichttps://www.linkedin.com/in/john-rogers-a4053a38/https://www.corelogic.com/Brandon Peterson, CEO of Geokeyhttps://www.linkedin.com/in/brandon-peterson-6ab6b997/https://geokeyaccess.com/Amber Kahr, Co-founder of Billionshttps://www.linkedin.com/in/amberkahrhttps://www.joinbillions.comNick Schanbaum, Co-founder of Durango Turnkey Serviceshttps://www.linkedin.com/in/nick-schanbaum-01ab3831/https://durangotks.com/ -
In this episode, Dana Dunford, Co-founder and CEO of Hemlane, joins the show to discuss the evolving landscape of property management for self-managing real estate investors. Hemlane is a venture-backed platform that simplifies rental property management by offering tools for inspections, repairs, tenant coordination, and more, all in one place. Dana shares how Hemlane differentiates itself from traditional property management by blending human oversight with technology, catering to a market where 72% of landlords self-manage their properties.
We also explore how she achieved early traction at Hemlane by leveraging her personal network, testing creative messaging, and focusing on product-led growth. Dana emphasizes the importance of a balanced approach between technology and personal interaction, particularly as AI becomes more prevalent in real estate.
This is a must listen for early-stage founders in the proptech space and those wanting to know what the next iteration for landlord software looks like.
Follow Dana on TwitterConnect with Dana on LinkedInFollow Hemlane on TwitterCheckout Hemlane
More about Dana and Hemlane
Dana Dunford is the CEO of Hemlane, a venture-backed property management platform with over 27,000 rentals and $1BN in payments processed. She is a strong advocate of purchasing properties anywhere, as the best investments are not typically in your backyard. She supports real estate investors in setting up the most intelligent process to manage rentals from a distance, while connecting them with local, licensed professionals. -
In this epsidoe, I talk with Jason Griffith, Co-founder and Co-CEO of Synco, to explore how they simplify communication for property management teams. With the overload of emails and messages, Synco offers a real-time messaging platform to streamline collaboration and organize conversations. It lets users control inbox notifications and easily include external parties like contractors. Synco offers include real-time translation for seamless multilingual communication and integration with property management software. Synco is also focused on leveraging AI to enhance team collaboration and efficiency, aiming to lead the way in transforming property management communication. This conversation goes deeper than just product features, as you'll hear Jason break down the importance (and complexity) of industry-specific communication products.
More about Jason and Synco
Synco is the centralized communication platform that allows property management teams to collaborate effortlessly. When it comes to team communication, property management still runs on email (and usually Teams, text and whatsapp). The result is overloaded inboxes, unnecessary liability, slower issue resolution and missed opportunities for collaboration. Synco is the team communication tool built specifically for property management. It brings corporate teams, on-site staff, vendors and clients together in one seamless application. Synco provides the transparency to never have to ask "where are we on this", the peace of mind in knowing that all communications are securely filed and the advantages of rapid, effective team communication.Jason Griffith is the Co-Founder and Co-CEO of Synco, the real-time, centralized messaging platform built to help property management teams communicate faster and better. Prior to founding Synco, Jason was the Co-Founder and Co-CEO of SiteCompli, a compliance automation platform used across 1M+ residential units & 70% of Class A office properties in NYC that is now part of Inhabit, a collective of property management software companies backed by Insight Venture Partners and Goldman Sachs. Jason is passionate about building great tech solutions powered by great teams.
Connect with Jason on LinkedInCheck out Synco -
Gene Eidelman, Co-founder of Azure, discusses how they are using 3D printing technology to create and build prefab homes. They use recycled polymers and fiberglass instead of traditional materials, making their homes faster to build and more affordable. We also get into the national housing shortage, affordability crisis, and reducing environmental impacts. Gene explains their construction process, which involves 3D printing modules and finishing them in the factory. He also discusses the challenges of distribution and the acceptance of prefab homes by lenders and insurance companies. Gene emphasizes the need for more sustainable construction practices and the potential for tech advances to address the affordable housing crisis.
More about Gene and Azure
Azure is fundamentally changing the construction industry by leveraging 3D printing technology using recycled polymers and fiberglass to prefab homes 70% faster and 30% less expensive than existing construction methods, with a positive environmental impactFrom developing multifamily projects to revolutionizing the construction industry with 3D-printed homes, Gene Eidelman's journey in real estate is marked by innovation and impact. After immigrating to the US from Ukraine, Gene quickly made a name for himself, developing over 3,000 condominiums and apartments. At Azure, Gene and his team are breaking new ground with a patented 3D printing process that constructs entire structures from recycled polymers.
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In this episode, I chat with Andrew Becker, CEO and Co-founder of Billions, a real estate operations platform built for high-volume teams. We explore how Billions automates data tracking and enhances team efficiency, especially in today’s challenging market. Andrew shares his journey from the Air Force to building a successful real estate team and dives into why modular tech and AI are game-changers for the industry. We also discuss his podcast, "Team Lead Talks," where he interviews top real estate leaders (I've got a soft-spot in my heart for leaders with podcasts). Listen in!
More about Andrew and Billions
BILLIONS is a real estate team operating system powered by the world's most powerful CRM platform, Salesforce. Designed and carefully curated around the team model, BILLIONS brings predictable and repeatable processes to a team's operations while seamlessly yielding best-in-class data & analytics for real-time decision-making and oversight.Andrew started a real estate team back in 2013 in Arlington, VA and built a high volume, high transaction business where we did both retail and investor-type transactions. Out of our own needs, built an operating systems around our team model that is now being used by some of the top producing teams in the United States.
Connect with Andrew on LinkedInCheck out BillionsCheck out Team Leads Talk Podcast on Youtube -
More about each guest in this special episode:
Bo Lais, Founder and CEO at Lula
Bo Lais is a serial entrepreneur and current CEO/Founder of Lula, a proptech company focused on reinventing maintenance for property managers and investors.Rental property maintenance technology and software powered by a network of vetted contractors.
Connect with BoCheck out LulaHeather Harmon, Founder, Investor, and Advisor
Heather Harmon was prior the Head of Opendoor Finance where she led department operations and partnerships. She led the launch of Opendoor’s financing app, which enables home buyers to understand their buying power by providing a pre-approval in 60 seconds or less. She was previously the co-founder and COO of RedDoor, a digital-first mortgage brokerage acquired by Opendoor in 2021, and was responsible for growth and operations of the organization. Her focus areas included scale in process and operations in addition to product initiatives that leveraged integrations, data science, and industry knowledge. As a third-generation broker, Heather has been at the forefront of innovation and technology in the real estate industry since 1990.Today Heather provides expert guidance to startup and venture capital leaders in structuring successful implementation, investment, or M&A in proptech and fintech. She is often an invited panelist interested in discussing the path for innovation to accelerate efficiencies for the quality of the consumer experience and for the sake of equity in the current crisis across housing and finance.
Connect with HeatherCheck out Heather's websiteKevin Shtofman, Global Head of Innovation at Cherre
Cherre is the leader in real estate data and insight. We connect decision makers to accurate property and market information, and help them make faster, smarter decisions. By providing a unique “single source of truth,” Cherre empowers customers to evaluate opportunities and trends faster and more accurately, while saving millions of dollars in manual data collection and analytics costs.Kevin is an industry leader when it comes to commercial real estate & technology. With over 20 years of experience in real estate, finance, & consulting, he’s carved out an expertise in solving complex challenges using data.
Kevin oversees all global Partnerships at Cherre, managing relationships with 130 data, application, and channel Partners across 5 countries. The Cherre platform today boasts over $3 Trillion AUM on the platform.
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In this episode, Phil Levin, Founder and CEO of Live Near Friends, shares insights on the importance of proximity in shaping our lives and the potential for multiplayer mode housing. He discusses the benefits of living near friends and family, how transportation influences city design, and the rise of cul-de-sac communities. Phil also touches on the role of ADUs in fostering closer-knit neighborhoods, the loneliness epidemic, and the health impacts of community living. The conversation highlights how proximity to happy friends can boost happiness by 40%, and explores the future of urban planning with self-driving cars.
More about Phil and Live Near Friends
LiveNearFriends reinvents residential real estate by focusing on the #1 amenity: people. We address many of today's biggest pain points: loneliness, isolation in raising families, and lack of rootedness in a WFH world. There’s a silver bullet for these problems, and it's living in proximity to people you love.Today's product aggregates latent demand for living near friends & family, identifies existing housing supply that is a good fit for groups, and greases the behavioral mechanics. It's been covered by Vox, Guardian, Axios, Bigger Pockets and Business Insider. The vision is to become the marketplace where all "proximate housing" is marketed, developed, financed, and sold.
Phil is the CEO/founder of Live Near Friends, the social real estate platform that helps people live within walking distance of friends & family.
Previously, he helped start Culdesac (a developer building walkable, car-free neighborhoods, $200m+ raised).
Phil started a housing cluster called Radish where he lives near 19 friends and 5 of their kids spread across 10 homes. He writes about this on Supernuclear, the #1 newsletter on living near friends (160K reach).
Phil’s mission is to create forms of housing which makes us happy, healthy, and connected. And in doing so rebuild the social fabric of our neighborhoods.
Follow Phil on TwitterConnect with Phil on LinkedInFollow Live Near Friends on TwitterCheck out Live Near Friends -
Greg Sack, partner and CMO of Pinch, discusses how Pinch is reshaping the multifamily industry's approach to turnover and common area cleaning. Pinch offers centralized solutions for property management companies, bridging the gap and providing efficient cleaning services. The conversation covers topics such as the challenges of finding cleaners, the need for a B2B avenue in the cleaning industry, the role of technology in scaling the business, and the potential for consolidation in the industry. Greg also shares his predictions for the future of Pinch and the real estate industry.
More about Greg and Pinch
PINCH is reshaping the multifamily industry's approach to turnover and common area cleaning! We're disrupting the status quo by providing a platform for high-quality home cleaners to seamlessly transition into this space, and solving a number of challenges that existing cleaning teams are facing in the industry. With stringent vendor requirements in place, finding reliable resources has been a challenge—until now. PINCH is bridging the gap, offering a centralized solution for property management companies nationwide. By standardizing processes, pricing, and invoicing, we're driving significant cost reductions and operational efficiencies across the board. Plus, our network ensures swift onboarding of new cleaning teams, replacing them within hours or days, not months.Greg is a serial entrepreneur who spent his early career in the logistics industry. In 2014, he sold his e-commerce and logistics business to FedEx, which is the first time in their history that they acquired a start-up technology company. Greg is Partner and CMO for PINCH. He heads up all strategic growth initiatives and helps to drive the direction of the business.
Connect with Greg on LinkedInCheck out Pinch -
In this episode, I chat with Landon Cooley, CEO and Co-founder of Pest Share, about the crucial yet often overlooked role of pest control in property management. Landon highlights the challenges of dealing with specialty pests like bed bugs and cockroaches, which can cause major issues in multi-family settings.
Pest Share offers a solution by providing tenants with direct, on-demand access to pest control services, bypassing the need for property manager involvement. This not only improves the resident experience but also helps property managers focus on more pressing tasks. We also discuss how property managers can build trust and add value by responding quickly to maintenance requests, which can lead to better tenant satisfaction and easier lease renewals.
Finally, we touch on the future of Pest Share and the impact of technology on real estate, exploring how deep integrations and custom solutions can boost operational efficiency.
More about Landon and Pest Share
Pest Share is a fast-growing, 4-year-old proptech startup based in Boise, ID. Pest Share’s on-demand pest control technology saves tenants 70% on pest services and allows them to diagnose, request, and receive pest services right from their cell phones - without the involvement of a property manager. For property managers, this means a value-added pest control amenity that provides a better rental experience, operational efficiencies, a new revenue stream, and increased NOI.Landon Cooley is the CEO & Co-Founder of Pest Share. Landon has almost 20 years of experience in pest management and is 4th generation in his family to pursue a career within the industry. Landon has a strong belief that, “There is always a better way”. After years of encountering the same, unaddressed pest control paint points in the property management space, Landon and his Co-Founders decided to launch their most recent venture, Pest Share.
Connect with Landon on LinkedInFollow Pest Share on LinkedInCheck out Pest Share -
In this episode, I chat with Jason Lewis, co-founder of Parcel Labs, about the evolving landscape of real estate data. We dive into the power of real-time housing data, how it's becoming more transparent, and the impact it's having on the market. Jason shares insights on how Parcel Labs is leading the charge by providing unparalleled access to housing information, making it easier for developers and operators to make informed decisions. If you're curious about the future of real estate data and how it can be your best tool, this episode is a must-listen!
More about Jason and Parcl Labs
At Parcl Labs, our mission is to make housing data real-time, transparent, and accessible. We reveal previously hidden aspects of the housing market, including daily price movements and investor activities. All of this valuable information is available directly to you through our easy-to-use API.Jason is the Co-founder and Chief Data Officer of Parcl Labs. He brings experience from his time at Microsoft and Deloitte, where he worked on large-scale international data standardization and machine learning projects.
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This episode is a bit different. I recorded this as an episode for the Triple Win Podcast with Andrew Smallwood, VP of Revenue at Second Nature. So today, I'll be playing the role of guest and Andrew is host. Enjoy this fun discussion on where proptech is headed.
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From the Triple Win Podcast:Few things have changed the property management industry more in the last five years than a growing proptech industry, but that industry continues to go through changes of its own.
Nate Smoyer, host of the Tech Nest Podcast, joins Andrew Smallwood to cover the state of the proptech industry, where things could be headed, and how it’s all likely to affect you as a property manager.
More about Andrew and Second Nature
Follow Andrew on TwitterConnect with Andrew on LinkedInFollow Second Nature on TwitterCheck out Second Nature
Second Nature has created a new category with its resident experience platform for professional property managers. They work with 1,200 management companies and are the only 3-time NARPM (National Association of Residential Property Managers) national vendor of the year. Their industry-leading suite of resident rewards, credit building, ID protection, filter delivery, utility connection concierge, insurance, and more are helping professional property managers make resident experience their competitive advantage. -
Join me as I chat with Ben Lerner, Managing Director of Lerner Associates, about M&A in the proptech industry. Ben shares his unique insights from his background in tech and real estate, focusing on the importance of licenses and the evolving dynamics of user licensing. We discuss the differences between M&A and venture capital markets, highlighting the active M&A scene despite tougher capital raising.
Ben advises founders to prioritize metrics, build relationships with potential acquirers, and remain open to opportunities. He emphasizes customer retention and profitability as key for potential buyers and the importance of a clear scorecard that showcases business value. We also touch on balancing in-person and remote work, owning core technology, and the crucial role of human interaction in real estate. Tune in for Ben's expert advice on navigating the proptech M&A landscape.
More about Ben and Lerner Associates
Lerner Associates is a purely proptech focused M&A advisory firm working with founders/owners/leaders of real estate tech companies looking to sell their company or to raise growth capital. We also work buy-side.Ben is the Managing Director of Lerner Associates, a London-based boutique M&A Advisory practice, he set up in 2019. Lerner Associates focuses purely on PropTech transactions, global and cross-border, across the spectrum of investment management, corporate, commercial, residential, multifamily, agency, workplace, facilities management, construction and real estate data solutions.
Ben has over 20 years of experience working in the real estate software space, both strategically and operationally as a seasoned proptech executive, and more latterly within corporate development, M&A and investment. From prior to selling his family business, Qube Global Software, to MRI Software, and throughout his time with MRI and beyond, Ben has been actively involved in M&A on deal sourcing, structuring, due diligence and general advisory.
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Kirill Bensonoff, CEO and Co-founder of New Silver, a fintech company that provides loans for fix and flip projects, joins Tech Nest to discuss the current state of the real estate market, the challenges faced by investors, and how New Silver differentiates itself from other lenders. Kirill explains how their technology, including a pricing engine, streamlines the loan process and offers convenience to borrowers. He also discusses their unique approach to sourcing capital, including their partnership with MakerDAO, a decentralized autonomous organization. Kirill shares his predictions for the future of the real estate market and the impact of AI on the industry. New Silver is not your standard lender. Listen in to hear more!
More about Kirill and New Silver
New Silver is a fintech company with a mission to improve local communities by providing fast, convenient, and flexible capital to real estate investors. We use data and technology to underwrite and originate investment property loans with more efficiency and predictability. Our pricing engine provides instant online loan approval and a term sheet so that our many happy clients are ready to make an offer in as little as 5 minutes.Kirill Bensonoff is an advocate for pioneering fintech solutions, with a career spanning over 20 years across fintech, blockchain, and cloud computing. His entrepreneurial acumen has led to the successful bootstrapping of two high-growth technology companies, culminating in multi-million dollar exits. Kirill's journey exemplifies the synergy between deep industry expertise and entrepreneurial zeal, driving innovation in financial technology.
As the co-founder and CEO of New Silver, a fintech company that excels in providing loans for fix-and-flip projects, Kirill has been instrumental in steering the company through challenging landscapes to establish it as a leader in its domain. Under his guidance, New Silver has made a mark by becoming the first Real-World Asset to be recognized and approved by MakerDAO, the leading stable-coin community project.
Follow Kirill on TwitterConnect with Kirill on LinkedInFollow New Silver on TwitterCheck out New Silver -
Steve Carroll, CEO and co-founder of Fine Diggs, discusses the issue of rental fraud and its impact on the rental application process. He highlights that 25% of all evictions are attributable to rental application fraud and explains how fraudsters use stolen or fraudulent information to lease properties and wait out the eviction process. Carroll emphasizes the need for comprehensive identity verification and a more holistic approach to underwriting that considers factors like income and behavior. He also discusses the importance of fairness in the rental process and how Fine Diggs is working to provide tools for property managers to make more informed and equitable leasing decisions. Findigs is a company that aims to streamline the leasing process by standardizing qualification and underwriting and using automation tools. They focus on removing bias and ensuring that the rules are applied consistently for everyone. The company recently raised a Series B round of funding, which is a significant achievement in the current startup funding environment. In terms of industry trends, Findigs believes that while technology plays a crucial role in real estate, face-to-face interactions and personal connections should not be eliminated. They also anticipate that regulations around tenant screening will continue to evolve, with a focus on fairness and consumer permission. Looking ahead, Findigs aims to grow their business and expand their services to make the rental process seamless and transparent for consumers.
More about Steve and Findigs
Findigs is the leading property technology company working to simplify rental screening and leasing decisions. Thanks to Findigs’ proprietary tech, it speeds up the rental decision process from an industry average of one week to an average of less than one day.Steve Carrol is the CEO and co-founder of Findigs, aiming to simplify the rental screening process, and sits on the National Rental Home Council. He has deep experience in the proptech VC space as well as being the co-founder and COO of Seated prior to co-founding Findigs.
Connect with Steve on LinkedInCheck out Findigs -
Lindsay Liu, Co-founder and CEO of Super, discusses the challenges property managers face with busy work and inefficient communication. Property managers spend a significant amount of time on tasks like email and phone calls, which can be automated and streamlined. Super aims to centralize communications and automate tasks for property managers, allowing them to focus on more important work. The use of AI in property management can boost productivity and provide scalable assistance to property managers. However, it's important for companies to prioritize data security and privacy and be aware of potential biases in AI algorithms. Embracing technology and change will be crucial for property management companies to succeed in the future.
More about Lindsay and SuperProperty managers are inundated with more and more text messages, emails, calls, and work orders. With Super, they get an AI assistant that centralizes all of these communications into one hub that then automates triage and tracking, saving 6+ hours of weekly manual and repetitive work.
Lindsay Liu has turned a passion for real estate from a side hustle into an industry she seeks to transform. For over a decade while working in tech, she managed multifamily rentals, vacation rentals, and flips—including three stints on HOA boards. Now, she’s one of the founders and CEO of Super, a company transforming the industry through AI-powered tools for property managers.
Connect with Lindsay on LinkedInFollow Lindsay on TwitterFollow Super on TwitterCheck out Super -
In this episode of Tech Nest, I explore commercial real estate auctions with Stephen Jacobs, President of Ten-X. Stephen shares his journey leading Ten-X (which is a really cool story, BTW) and debunks myths about auctions, explaining their strategic advantages beyond just distressed properties.
Learn how Ten-X leverages data and technology to streamline the auction process, ensuring faster and more certain sales. Stephen also discusses the evolving role of brokers and current market trends, providing valuable insights into the future of commercial real estate transactions. Hint: brokers are still very much relevant in today's transactions.
Listen in today!
More about Steven and Ten-X
Ten-X is the world’s largest, online commercial real estate auction platform. Our platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close.CoStar Group’s online property auction platform, Ten-X, is the leading example of the rapid growth of online property auction marketplaces. Each year more and more buyers, sellers, and brokers are using this proptech tool to exchange properties. Events like its Battle of the Bids, which feature thousands of players duking it out for $3.1 million in prizes over 6 rounds to correctly guess how much various properties will sell for on the Ten-X platform, are a way to highlight the innovative ways that CRE marketplaces are drawing attention to their ecosystems. Battle of the Bids is also an example of the notoriously staid industry having a little fun and using gamification tools to drive awareness of new trends.
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Here's a fun one for y'all. Frank Rohde, Founder and CEO of Ownify, a company working to revolutionize homeownership through fractional ownership joins the show.
Frank shares insights into Ownify's innovative model that helps first-time homebuyers with good income and credit but limited savings gradually build equity in their homes. You'll hear about Frank's diverse background, including his roles at FICO and Nomis, and how these experiences helped shape Ownify. He explains the dual nature of Ownify's operations, balancing PropCo and OpCo dynamics to benefit both consumers and investors.
We get practical, outlining steps for using Ownify, the challenges and opportunities in the current real estate market, and Frank's predictions for the future of homeownership and proptech. Listen in!
More about Frank and Ownify
Ownify is rebuilding the path to homeownership to make it achievable for the next generation of homebuyers. Our fractional ownership platform partners savvy investors with qualified first-time homebuyers to buy their home "brick by brick" - zero debt & no surprises. With Ownify, homebuyers and investors together reap the collective benefits of building equity, creating stability, and investing in the health of local communities for years to come. For our "Ownis", Ownify offers a low down payment of 2%, a powerful cash offer to compete against corporate buyers, no unforeseen costs & surprises, and evergreen equity in their home. For our investors, Ownify offers fractional ownership in a single family home generating income and real estate returns, shared equity & shared purpose with the Owni, and positive community impact by helping first-time homebuyers.Frank originally hails from Germany. Early attempts at becoming a child prodigy violinist were unsuccessful which forced his parents to abandon any hope or supervision. Left to his own, Frank quickly became famous for wrestling rattlesnakes and kayaking. His sister meanwhile became the child prodigy violinist. Looking for a brighter future, Frank moved to California where his first job was a choice between watering marijuana plants in the Northern California mountains or building a neural network-based prediction engine for horse racing results. Ever focused on doing the right thing, he built the neural network for horse racing. Several other lucky turns led him to stay in the US and eventually graduate from the Wharton School at the University of Pennsylvania with a BS in Economics. Since then, he’s been a consultant at Oliver Wyman, started an online insurance company, spent 4 years at FICO, and grew Nomis from <$2M to $25M+ in ARR before selling it. His most recent challenge is building Ownify - a new path to ownership for the ~2M first-time homebuyers each year.
Connect with Frank LinkedInFollow Frank on TwitterFollow Ownify on TwitterCheck out Ownify - Näytä enemmän
