Episode description

Property Management Brainstorm host Bob Preston has met many property managers in the industry. Bob and AJ Shepard of Uptown Properties have known each other for the last few years, mainly from their involvement in the NARPM organization. AJ is also a real estate investor, active in real estate syndication, and owns a beer brewery.

Bob and AJ discuss the buzzword Artificial Intelligence, AI for short, and how it can be utilized in property management companies to streamline operations and increase efficiencies. This is his second time on the show, so we are excited to welcome AJ back to the Brainstorm!

Topics Covered:

[1:58] AJ Shepard introduces himself and his company, Uptown Properties.

[2:55] AJ explains his involvement in the NARPM organization and why he is running for President-elect for the NARPM National Board of Directors.

[12:30] Bob and AJ discuss the definition of Artificial Intelligence (AI) and its use in the property management industry.

[14:24] Is AI synonymous with automation?

[16:45] Are routine tasks of property management the primary application for AI in our industry?

[21:55] Can AI be used by property management company owners for higher-level predictive analysis and decision-making?

[23:35] Property management is a people business. Is there a risk of AI losing that personal touch?

[26:45] Bob and AJ discuss Smart Home technology and its application of Artificial Intelligence in managing rental property portfolios.

[30:20] AJ provides his parting words and thoughts on AI.

Connect with AJ Shepard
https://www.uptownpm.com/

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

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