Without giving up the advantage of local knowledge and with Boots on the ground

#Entrepreneur of the week Eran Vahanish VP of International Sales at the asset management company HOME365 #post5
I don't know about you, but it was amazing for me to be a guest this week and share some of my/our experiences as a management company and how we perceive our role as a company, including what a management company is and what you should look for when choosing one. Hope you took something small?
The world is moving forward at a fast pace - and we, as investors or service providers, need to move along with it too. The past is amazing, but the future is just as important. Don't be left behind - embrace the change - it is happening and will continue to happen - take advantage of it.
A huge thank you to Real Estate and Interest for the opportunity to share and to you for reading.
The property management industry in the United States is based on small, family and low-tech companies. The field is light years away from technological solutions, so it is often inefficient and conducted in a lack of transparency. This, while the rental market in the United States generates 1.6 trillion dollars.
There are many, many small management companies but no major central player.
In the absence of technology (not only in real estate) it is impossible to maintain efficiency and grow.
Currently, the ability to provide investors with transparent management without hidden fees and unknown costs with an expected ROI, as well as continue to receive the rent in the event of a non-paying tenant or when the property is vacant, access reports and generally see what is happening with the property 7/24 is almost non-existent.
We are changing exactly all of this, our goal at HOME365 is to 'make the wealth in real estate investments accessible' for every person around the world and in Israel, by removing the risks of investing in a yielding residential property. In fact, we have developed a new financial instrument that yields a predictable and passive ROI as an alternative to long-term savings. Our DNA and software are geared towards managing people's money and meeting their financial goals.
Starting with a unique premium service, which includes covering the cost of repairs, advertising the property, finding tenants or the rent if the tenant leaves the property or stops paying. All of these provide additional guarantees to investors. With the help of artificial intelligence, we try to predict and assess the risk in the ongoing management of the property. According to the data in the field, the algorithm we developed knows how to predict the costs in case the property is empty or unexpected expenses arise. All that is left for investors is to purchase properties and know that they will enjoy a steady flow with peace of mind.
And of course there is also the option of a traditional management plan (7-9%) which in most cases saves up to 50% of the management costs.
In conclusion,
The technological world marches forward with giant steps every day, every hour, and changes behavior patterns and almost everything in our lives. Robot vacuum cleaners, self-driving cars, and in general all electrical products are becoming smarter. And what about the smartphones that have opened up a whole world for us and give us a multitude of options. So why not real estate investments? ?

For more questions or how to make your investments smarter, feel free to browse our website (currently active in the US in 9 countries and over 20 cities) or talk to me directly.