Paul Yount, Yardi

Yardi is value add for multifamily real estate. Period.

‘Value add’ and ‘forced appreciation’ are usually tied to exterior upgrades, paint, carpets, kitchens, and amenities to drive net operating income (NOI).

Yardi is redefining that.

You can buy a building where the traditional value add has already been maxed out, implement Yardi’s systems, and—Presto!—you’ve just added more value, boosting NOI.

If you’re not using Yardi’s AI-enhanced systems, you’re falling behind.

My guest today, Paul Yount, Industry Principal, Residential, shares how Yardi helps you dominate your competition and increase returns for you and your investors.

Here’s what you’ll learn about:

• Virtual Assistants for Leasing: Yardi’s AI chatbot, Chat IQ, automates responses to prospective residents via email, text, and voice. It provides faster, more effective responses than human interaction, helping you lease up quicker, convert more leads, reduce vacancies, and drive profits.

• Maintenance AI: Yardi's AI doesn’t just log maintenance requests; it diagnoses and suggests solutions proactively, cutting maintenance requests by 17%. This streamlines operations, reduces costs, and improves resident satisfaction.

• Virtuoso Assistant: Designed for internal use, this AI assistant allows property managers to request and analyze performance data—like rent rolls or occupancy reports—via simple commands, optimizing decision-making and boosting management efficiency.

Bottom Line: If you’re a multifamily operator facing property management challenges, this podcast is a must-listen.