Podcast · Boss Talks by Community Boss

Multifamily data strategy podcast: data, family, and baking on Boss Talks

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About the episode

Boss Talks is hosted by Evan Happel, Director of Marketing at Community Boss. In this episode his guest is Elizabeth Braman, founder and CEO of Revolution RE. It's a proptech founder interview that spends as much time on walks with the kids as on property management systems.

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Three things she's passionate about

  • Real estate data. “I have always been a real estate nerd.”
  • Her kids. “I like to hang out with them doing all of our favorite things, taking walks, eating, and reading.”
  • Baking. “I like trying new recipes and I include them in the favorites section of our company’s monthly newsletter.”
KEY TAKEAWAYS

Three threads worth pulling on

It's a conversation, not a product demo.

01

Connect, collect, and standardize the data first

Revolution RE connects to the top property management systems and other data sources, collects the data on a regular schedule, and standardizes it into one format and one set of definitions, so a metric means the same thing at every property. That order is the whole strategy in miniature.

02

Standardized data pays off in four outputs

Once the data is in one consistent form, users get comparative analysis, property and portfolio reporting, predictive analytics, and customer data feeds. Each is a different way of putting the same clean data to work.

03

The family and baking parts aren't filler

Data strategy in multifamily fails more often on people than on technology. Site teams enter the data, regional managers interpret it, and owners act on it. A company that talks to those people like newsletter readers, recipes included, is more likely to earn their trust. Adoption is what a data strategy depends on.

WHY IT MATTERS

The problem isn't volume

Most apartment owners and managers already have plenty of data. It sits in a property management system, an accounting package, a leasing platform, and a stack of spreadsheets. None of those sources agree on definitions or formats, so the data can't be compared or trusted across a portfolio. That's the gap a data strategy closes, and it's why this multifamily data strategy podcast episode is worth your time even if you never bake.

We've written about why a multifamily-specific data model is different from a generic one, and about how to build a rental property data strategy that survives contact with real portfolios.

Connect, collect, standardize, then use. The strategy is the order of operations, and standardization is the step that cannot be skipped.
FAQ

Frequently asked questions

01
What is Boss Talks?

Community Boss's podcast, tagged #bosstalks. The views and opinions expressed on Boss Talks are those of the host and their guest(s) and do not necessarily reflect the official policy or position of Community Boss.

02
Where can I listen?

On the show's LinkedIn event page.

Start with data every property can agree on

Standardize your portfolio data once, then put it to work in comparative analysis, reporting, and predictive analytics.

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