Introducing New Products in a World of Rising Costs

Meeting Recap: Multifamily Innovation® Advisory Council

The Multifamily Innovation® Advisory Council now has over 1.5 million apartment units being represented. The council is on track to grow to north of 3 million units by end of year, with a focus of being the catalyst for innovation, through delivering insight to leaders across the industry.

This show is where we report back key trends and findings from within these meetings so that the industry can advance and build technologies that knock down problems or create bigger and better futures for Multifamily companies.

A Multifamily Companies ability to innovate is a key factor for sustained growth, economic viability, increased well-being, and the development of communities.

Multifamily Innovation® Advisory Council Recap – Formal Launch

Join us for a recap of the Multifamily Innovation® Advisory Council meeting.

The Multifamily Innovation® Advisory Council announced today its formal launch with over 1.5 million apartment units being represented. The council is on track to grow to north of 3 million units by end of year, with a focus of being the catalyst for innovation, through delivering insight to
leaders across the industry.

This show is where we report back key trends and findings from within these meetings so that the industry can advance and build technologies that knock down problems or create bigger and better futures for Multifamily companies.

A Multifamily Companies ability to innovate is a key factor for sustained growth, economic viability, increased well-being, and the development of communities.

The innovation capabilities of the operations include the ability to understand and respond to changing…

From Innovating Airline Ticketing to Solving Multifamily Rent Delinquency

Steve Jarvis is the CEO of CredHub, and has an incredible background in travel, working for Expedia and Alaska Airlines. He’s always been on the cutting edge of technology in his sector, helping Alaskan Airlines be the first domestic airline to sell tickets over the internet, and again first to do mobile check in. 

 

Now he is at CredHub, a company focused on helping owners and operators reduce rent delinquency while also providing incredible value to the residents. They’re able to do this by reporting monthly rent payments to credit bureaus. 

In This Episode

Patrick and Steve discuss the following:

  • How reporting monthly payments to credit bureaus can reduce rent delinquency by 50% or more
  • Why the 10% of “credit invisible” US adults can benefit even more from this (30% among low-income adults)
  • How to increase rent’s priority among all of the resident’s monthly payments
  • What Steve has learned and transferred from his successes in the travel industry
  • Why you need to focus on the 90% of the customer base, not the remaining 10%
  • How to keep the pressure off of operators who feel like they don’t have the time to report to credit bureaus 
  • Why investors AND potential customers want access to credit reporting
  • Where credit reporting is going in regards to selecting prospective renters

Download the FREE Report

How to Reduce Rent Delinquency and Post-Move Out Collections