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Managed Wi-Fi: Plan for Success

By Annie Manfredi

The recent necessity for employees to work from home (WFH), and an outlook that suggests many will continue to WFH at least part time, has created an almost insatiable demand for high-speed internet and Wi-Fi streaming.  As such, many MDU owners are looking at how to best capitalize on this trend to attract new renters, increase revenue and streamline operations.  While the idea of moving from a retail service (where every resident is responsible to order and pay for their own service) to a bulk service (where the owner pays for the service for all units) is easy, the execution of a thoughtful rollout takes considerable thought and planning. When helping our clients consider bulk service options, we review four key areas as a part of the development of a potential launch plan.

 

Due Diligence & Strategic Plan Development – While it may seem obvious, the first part of any plan is a client needs assessment. Is the owner just hoping to create revenue by “reselling” service or are they trying to keep up with local competition (or both), or do they hope to loop in new IoT devices for residents and […]

By |2021-06-04T12:35:13-06:00April 6th, 2021|

The Benefits of Managed Wi-Fi

By Phil Veletzos and Steve Lefkovits

As a way of achieving building-wide Internet connectivity, managed Wi-Fi Internet solutions are gaining popularity in multifamily properties across all asset types. RealtyCom can help owner/operators evaluate this business model for both new developments and existing property retrofits. The three main reasons to consider building-wide Internet availability at your communities are:

●     Valued resident amenity. Since today’s residents regard access to the Internet as a right, the easiest way for owners and operators to increase connectivity is by providing robust Internet access at all times across the property so prospective residents, current residents and their guests can seamlessly enjoy hotel-style connectivity.

●     IoT/Smart Home/Smart Building Functionality. A Managed network provides a network to leverage for smart home and smart building initiatives. Through advancing technology, building management systems are becoming increasingly sophisticated; allowing, for example, property managers to detect the source of leaks without opening up walls.

●     Wi-Fi Calling. Through Wi-Fi calling, a property wide managed network can take the sting out of cell signal issues due to construction materials such as Low-E glass.

●     Ancillary Income. When managed well, bulk purchase solutions can create substantial asset value that may outpace traditional revenue share models.

As a way of achieving building-wide Internet availability, managed Wi-Fi Internet solutions […]

By |2024-01-18T12:12:27-07:00February 17th, 2021|

Goodbye 2020

By Annie Manfredi

I have a real temptation to say, “Thank God 2020 is over!” when I think about this past year. So many of us, our families, loved ones, friends and co-workers suffered heartbreaking losses, dealt with the soul-crushing isolation of the pandemic, the constant fear of the unknown, and continue to wonder when our lives will ever return to normal. The year has brought significant challenges for us all, but there have been many blessings and bright spots for which we are thankful!

Thankful to our Clients & Team |  We’re grateful to have an amazing team who holds each other up and exceptional clients who are quick with a kind word as we all face unprecedented challenges. Within 48 hours of the announced pandemic and shut down last March, every RealtyCom team member was up and running, fully equipped to work from home. From home offices, dining rooms and kitchen tables, we kept “we-can-do-this” attitude. Our clients have been wonderful and understanding and we’ve all shared laughs when our children or pets made impromptu appearances on a Zoom call.

Thankful for Technology |  We are proud of the incredible culture that we’ve built at RealtyCom, but we’d be kidding ourselves […]

By |2020-12-09T12:48:23-07:00December 9th, 2020|
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