On Sync or Swim, a weekly podcast brought to you by Rentsync; we provide an insiders look into the PropTech, multifamily, and rental housing industry.
On this show, you’ll hear down-to-earth interviews with well-known thought leaders, experience compelling stories, and gain fresh new insights on how to overcome operational challenges and increase the value of your multifamily portfolio.
Episodes will feature topics such as PropTech, multifamily marketing and MarTech, lease up marketing, and more.
What does it take to build a life in a new country? On this episode of Sync or Swim, host Giacomo Ladas speaks with Stephanie Ford, Head of Content Strategy at Moving2Canada, about the newcomer experience in Canada. Stephanie shares how Moving2Canada grew from a Facebook group into a leading resource for immigration and settlement, and reflects on her own journey from Australia. The conversation covers key housing challenges, from misconceptions about basement suites to differences in rental rules across provinces. Stephanie offers practical advice on preparing documents, avoiding scams, and building credit, along with tips like starting with short-term accommodation before signing a lease. Tune in for insights on what newcomers face and how to make the transition smoother!
Key Points From This Episode:
Tips for renters: credit scores, references, and landlord expectations.
Key documents to prepare: references, bank statements, and proof of funds.
Common mistakes, including scams and signing leases before knowing neighbourhoods.
Short-term rentals as a safer first step before committing to long-term rentals.
Quotes:
“We're really designed to support newcomers throughout the entire immigration and settlement journey at no cost to them.” — Stephanie Ford [0:04:10]
“Housing can be surprisingly expensive [for newcomers], which can be a really significant challenge, especially in the first few years.” — Stephanie Ford [0:07:49]
“Young people are attracted to cities. We're seeing that everywhere. People are moving from regional areas to cities, ideally for better economic opportunities. That's played out in Canada's immigration as well.” — Stephanie Ford [0:12:45]
“If you're applying for a house, just bear in mind that your landlord wants two things. They want someone who they can trust to treat their property with care and respect, and to pay rent on time.” — Stephanie Ford [0:16:11]
Links Mentioned in Today’s Episode:
Stephanie Ford
Stephanie Ford on LinkedIn
Moving2Canada
Moving2Canada on Facebook
Moving2Canada on InstagramMoving2Canada on TikTok‘How to Identify Rental Scams When Searching for an Apartment or Housing’Rentals.caGiacomo Ladas on LinkedIn
Rentsync
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Episode 94: Show Notes
How do you know if a building lives up to its claim of being well-maintained, professionally managed, and with a quality-living offering? That’s where the Certified Rental Building Program (CRB Program) comes in. We are joined today by Dilan Cetinkaya, the Director of Certification at the Federation of Rental-Housing Providers of Ontario (FPRO), the leading advocate for strong and stable rental housing and the largest association in Ontario representing those who own, manage, build, finance, service, and supply residential rental homes. At FPRO, Dilan oversees all certification standards for the Canadian Certified Rental Building Program (CRBP), and she begins our conversation by detailing the work and main focuses of CRBP. We learn about the pain points the CRB Program is trying to solve, how it separates itself from other quality claims or qualifications, the standards that need to be met to obtain CRB certification, and how long it takes to get certified. Dilan also explains how the program helps landlords and property managers compared to renters before unpacking the CRBP’s green initiative, Living Green Together. To end, our guest walks us through a step-by-step guide to becoming CRB certified, and we learn what the future may hold for the CRBP and its work.
Key Points From This Episode:
Quotes:
“For owners and managers, [the CRB Program] helps to ensure that your property is reducing its operational costs, mitigating risks, and improving asset performance. For renters, it essentially provides a stamp that this building is well-run, well-managed, [and] well-maintained.” — Dilan Cetinkaya [0:02:04]
“By being CRB certified, you do get additional [ESG] points. We are recognized by [Global Real Estate Sustainability Benchmarking] and we're an industry supporter. So, you're also helping to improve your ESG performance as well.” — Dilan Cetinkaya [0:10:39]
“Overall, I just think [the CRB Program] will help make the rent search easier for residents.” — Dilan Cetinkaya [0:16:52]
Links Mentioned in Today’s Episode:
Dilan Cetinkaya on LinkedIn
Dilan Cetinkaya Email
Canadian CRB Program (CRBP)
Federation of Rental-housing Providers of Ontario (FRPO)
BOMA BEST
RentSafeTO
Rentals.ca
Rentsync
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Why are condo investors pulling out, and what does it mean for Canada’s housing market? On this episode of Sync or Swim, Steve Saretsky, founder of Saretsky Group and co-host of The Loonie Hour podcast, joins the show to break down the shifting economics behind new housing. Steve explains why pre-construction condo sales have collapsed, how rising rates and falling rents are squeezing investors, and why developers are increasingly pivoting to purpose-built rentals. He also touches on issues like blanket appraisals, distressed buyers, and the long municipal approval timelines holding back supply. From policy missteps to structural market changes, Steve offers a clear-eyed look at where Canadian housing is headed and what needs to change to make new housing viable again. Tune in for a grounded, insider perspective on one of the country’s most pressing economic challenges. Thanks for listening!
Key Points From This Episode:
Quotes:
“The investor market and the new construction market is in a world of pain.” — @SteveSaretsky [0:04:33]
“The more mom-and-pop investor types [who] don’t have the deep pockets. It's harder for them to navigate [a difficult market] than it is for these big developers.” — @SteveSaretsky [0:17:45]
“We're going back to a market where builders/developers are having to serve the market. And the market today is end users. And end users are looking for more space, ground-oriented. And that's what's happening.” — @SteveSaretsky [0:20:01]
“I think cities are going to be forced, and we’re starting to see it, to actually cut their development fees and charges if they want to get new housing off the ground.” — @SteveSaretsky [0:23:21]
“If you're a developer with deeper pockets today, this is certainly a good environment for [you] to go and pick up some distressed land sites. And if you've got a long enough time horizon, there will be another bull market. I don't think it's in the next 12 months. It is further out.” — @SteveSaretsky [0:28:03]
“What the federal government can and should be doing is they should be running good policy to ensure that you've got a healthy labor market that is seeing a lot of productivity and higher wages. And that will help people afford housing.” — @SteveSaretsky [0:34:38]
Links Mentioned in Today’s Episode:
Steve Saretsky
Steve Saretsky on LinkedIn
Steve Saretsky on YouTube
Steve Saretsky on Instagram
Steve Saretsky on Facebook
Steve Saretsky on X
Steve Saretsky on Substack
Steve Saretsky Linktree
Saretsky Group
The Loonie Hour Podcast
Rentsync
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Tariffs, Interest Rates, and Canada’s Rental Market
In real estate, time is money, and at a time when tariffs are ever-changing, the housing and rental market are even more unpredictable than usual! Today on the Sync or Swim Podcast, we are joined by Tu Nguyen, an economist at RSM Canada, to discuss the recent tariff changes, interest rates, and the Canadian housing market. Tuning in, you’ll hear about how the new US tariffs are going to affect housing development and rent, how Canadian policy and market shifts can lessen the consequences of these tariff changes, how they will affect the rental and housing market, and so much more! We delve into the problematic nature of high construction prices before discussing the relationship between interest rates and the price-to-rent ratio. Tu even tells us what happens to the rental market when interest rates fluctuate and shares her thoughts on renting versus buying. Finally, hear about how new policies and the changing political landscape in Canada may impact the rental and housing market. Thanks for listening in!
Key Points From This Episode:
Quotes:
“There are no winners in a trade war.” — Tu Nguyen [0:07:55]
“With all the tariff measures that came out yesterday, we’re expecting that there could be a global recession, and Canada is also expected to enter a recession this year. — Tu Nguyen [0:08:05]
“In real estate, in construction and housing, time is money, right? Because – every minute that you are not building, you’re wasting time, you’re wasting money, and you’re not adding supply.”— Tu Nguyen [0:24:27]
Links Mentioned in Today’s Episode:
Tu Nguyen on LinkedIn
RSM Canada
Rentsync
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Is the GTA housing market oversupplied or just misunderstood? In this episode of Sync or Swim, host Max Steinman takes a deep dive into the purpose-built rental market with industry leaders Chrystal LeBlanc (BGO), Michelle Calloway (Fitzrovia), and Todd Spencer (Park Property Inc.). Together, they explore how their organizations are responding to shifting renter preferences, navigating condo oversupply challenges, and redefining the rental experience in the Greater Toronto Area. Tune in for expert advice on navigating Toronto's rental market, practical strategies for adapting to evolving renter expectations, and inspiring lessons from exceptional leaders shaping the future of multifamily housing. Whether you're a property pro, a curious investor, or simply interested in where Toronto’s housing market is headed, this episode will leave you informed, inspired, and ready to take action!
Key Points From This Episode:
Quotes:
“We need to be better at saying why purpose-built rental is different [to condos]. We think about our residents – 24/7 – We need to work harder in the sales pitch to highlight what that means: that our service levels are higher [and] our systems are better.” — Todd Spencer [0:10:26]
“You can spend all the money on marketing in the world, but if you don't step in that front door and have a consistent experience with what you see – online, it can fall flat really quickly.” — Chrystal LeBlanc [0:13:46]
“What I always say is we don't have 500 suites. When a prospect walks in the door, we have three suites for you based on your budget, your family, what's important to you, [and we only show] suites that are right for that prospect.” — Chrystal LeBlanc [0:19:37]
“If we want to be recognized as world cities, we need to behave like world cities. In the rest of the world, renting is not a stigmatized activity. It's actually the dominant housing ecosystem in most major cities in the world.” — Todd Spencer [0:25:19]
“We need to be better at sharing insights with each other in the industry. I invite everybody to come tour my assets not because they're new and shiny but [because] I want to hear what you're doing too. That's going to raise us up altogether.” — Michelle Calloway [0:35:28]
“The [purpose-built rental] industry is changing since I joined 10 years ago. That – excites me. We still have a long way to go. We're not there yet, but I can't wait to see where we go.” — Michelle Calloway [0:40:39]
Links Mentioned in Today’s Episode:
Toronto Rentsync User Roadshow 2024
Chrystal LeBlanc
BentallGreenOak (BGO)
Chrystal LeBlanc on LinkedIn
Michelle Calloway
Fitzrovia
Michelle Calloway on LinkedIn
Todd Spencer
Park Property Management Inc.
Todd Spencer on LinkedIn
Elm-Ledbury by Fitzrovia
Sloane by Fitzrovia
Waverley by Fitzrovia
Max Steinman on LinkedIn
Rentsync
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The Canada Mortgage and Housing Corporation (CMHC) has recently released its annual rental market report, and today, we sit down with its Deputy Chief Economist, Tania Bourassa-Ochoa to discuss what the report means for the future of housing in Canada. We begin with the work of CMHC and who its target market is before diving into its 2024 rental market report. Then, we unpack the recent rise of housing supply, how Montreal is a step ahead, why the number of multifamily units is beginning to match that of studio apartments, and how rent control measures may influence tenant behaviour and market stability. To end, we explore the consequences of Canada’s ageing population and the growing number of families, what policymakers and housing developers need to be doing more of to meet high demands, key trends to take note of, and the future of Canada’s housing market in 2025 and beyond.
Key Points From This Episode:
Quotes:
“Our goal is really to provide as much information as possible to help all of the stakeholders out there to make important decisions.” — Tania Bourassa-Ochoa [0:02:08]
“The main solution will be really focused around adding more supply, and I would even say to have a steady influx of supply that comes into the market every year. That is going to help to alleviate some of the pressures that we're seeing right now, for sure.” — Tania Bourassa-Ochoa [0:12:15]
“In the end, housing needs to evolve and change over time.” — Tania Bourassa-Ochoa [0:17:35]
“I think policy needs to address both supply but also affordability, especially for those lower-to-medium-income renters.” — Tania Bourassa-Ochoa [0:20:11]
“There's definitely place for more innovation; there's place for more productivity in the construction space, for sure.” — Tania Bourassa-Ochoa [0:23:11]
Links Mentioned in Today’s Episode:
Tania Bourassa-Ochoa on LinkedIn
Canada Mortgage and Housing Corporation (CMHC)
CMHC on YouTube
CMHC Fall 2024 Rental Market Report
Canadian Housing Survey
Rentsync
Giacomo Ladas on LinkedIn
Sync or Swim Podcast
Sync or Swim Email
For most listeners of the show, the housing crisis is a very prominent issue; affecting careers and finances. But it is actually a much bigger conversation for the entire population of the city. Today, we are bringing you a very special episode of the Sync or Swim Podcast: a live recorded interview with Brad Bradford from the Toronto Roadshow! Tuning in, you’ll hear about Brad’s assessment of Toronto’s housing supply, the affordable housing crisis, the problems with old housing policies, and more! We delve into the political nature of housing in Toronto before discussing how to create a regulatory environment that incentivizes what the market needs (in this case, more rental units). Finally, Brad shares his opinion on the potential evolution of Toronto’s housing market over the next five to 10 years. Thanks for listening in!
Key Points From This Episode:
Quotes:
“It seems like the sort of story of the day here in Toronto is we do lots of press conferences about housing, but we don’t actually do any housing, and I think that’s a big problem.” — @BradMBradford [0:06:02]
“The most affordable housing that we have is the housing that’s already there. Nothing that you are building today or tomorrow is going to be more than what we already have.” — @BradMBradford [0:27:45]
“Now is the time to respond to the challenges in front of us with the type of bold leadership and action that recognizes the way forward is not the same way we’ve been doing things.” — @BradMBradford [0:41:41]
“We need to write a future together if that empowers partnership with the market with the private sector because it is your capital and your talent that is actually going to address the big challenges.” — @BradMBradford [0:41:55]
Links Mentioned in Today’s Episode:
Brad Bradford
Brad Bradford on LinkedIn
Brad Bradford on Instagram
Brad Bradford on X
Gabriel Diamond on LinkedIn
Rentsync
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Imagine paying $5,600 a month in rent in Toronto by 2032. In this episode, Giacomo Ladas hosts Erkan Yönder, Associate Professor at Concordia’s John Molson School of Business, to unpack this projection and its far-reaching impacts. Using advanced AI models, Erkan’s recent study forecasts steep rental increases in Canada’s largest cities, driven by immigration, high demand, and supply constraints. Surprisingly, even a growing supply hasn’t eased rents due to overwhelming demand, creating an unsustainable market. Erkan and Giacomo explore potential solutions, including targeted job creation in smaller regions and flexible zoning laws to distribute growth beyond Toronto, Vancouver, and Montreal. With AI’s ability to trace complex patterns in rental trends, Erkan offers a glimpse into how rent could reshape Canadian cities over the next decade. Tune in for a deeper understanding of the housing challenges ahead and the partnerships needed to keep living costs manageable.
Key Points From This Episode: • Introducing today’s guest Erkan Yönder and his research. • Why rents in Toronto could hit $5,600 per month by 2032. • The surprising correlation between supply increases and rising rents. • Why high demand outpaces rental supply in big cities. • How immigration policies and other factors impact housing demand and rental prices. • Why Toronto, Vancouver, and Montreal face unique rental market pressures. • Erkan’s perspective on job creation to draw people to smaller regions. • The role of zoning laws in expanding housing beyond major cities. • Why certain areas experience higher rent growth than others in Canada. • Ways that advanced AI models enhance real estate predictions and analysis. • Advice to landlords and renters for navigating changing rental markets. • How investors and government can work together to improve housing.
Quotes:
“Then the question becomes, why do we have more immigrants in Toronto than many other regions across Canada? The reason is there are – more available jobs.” — @erkanyonder [0:14:11]
“AI can help us in certain aspects, especially when it comes to projections and predictions. So, why not have that information on the table and try to make more sophisticated decisions?” — @erkanyonder [0:28:23]
“Capital from the government won’t be enough to build this much, – we need institutional investors to come to these markets and invest in those property companies, invest directly.” — @erkanyonder [0:33:10] “In the long run, it’s a very simple solution, we need to build more, and in order to build more, we need capital investors, real estate companies, and local governments and the government involved in this problem.” — @erkanyonder [0:35:03]
Links Mentioned in Today’s Episode:
Erkan Yönder
Erkan Yönder at Concordia
Erkan Yönder on LinkedIn
Erkan Yönder on X
‘AI-Driven Insights into Key Factors Influencing Canada’s Rental Market’Concordia’s John Molson School of Business
Giacomo Ladas on LinkedIn
Rentsync
Sync or Swim Podcast
Sync or Swim Email
The housing market in Canada has done some very surprising things since 2020 and today on the Sync or Swim Podcast, Tom Storey joins us to share his thoughts on the market and tell us all about his podcast, the Tom Storey Show. Tuning in, you’ll hear all about Tom’s career, why he decided to start the Tom Storey Show, how condo prices have changed pre-COVID, why the rise in purpose-built rentals is only going to continue, and so much more! Tom stresses the importance of being educated on the rent-control date and what it means for landlords before telling us that renting in the short term may be more beneficial than buying. He even shares some advice for first time property buyers, discusses what you should look for when buying a property, and discusses his opinions on the housing supply issue. Lastly, we explore how secondary markets are going to affect the housing market. You don’t want to miss this conversation, so be sure to press play now!
Key Points From This Episode: • Introducing today’s guest, Tom Storey. • Tom tells us about his career and what inspired him to start his real estate podcast. • The surprising change in condo prices and the kind of stock that’s moving now. • Why Tom believes we will see a rise in the building of purpose-built rentals. • The importance of understanding what the rent-control date means. • What Tom is seeing in terms of new supply coming into the housing market. • Why our guest believes that renting for the next two years is the best option. • How buyers are making some money back by renting out part of their properties. • Tom shares some advice for first-time rental property buyers just starting out. • Seasonal changes in the market and what to look out for when buying property. • How secondary markets are going to affect housing markets in the future. • Tom shares his opinions on the housing supply issues in Canada right now.
Canada’s rental crisis is often oversimplified as a mere supply and demand issue. However, for today’s guest, Weiting Bollu, it became deeply personal after losing over $35,000 to delinquent tenants and navigating Ontario’s complex rental compliance laws. Her experiences led her to recognize the critical need for a transparent and cohesive rental ecosystem that rewards responsible behavior, essential for building a fair and sustainable rental market. Drawing on her extensive background in software product management across various sectors including education, telecommunications, insurance, and AI, Weiting co-founded Openroom with her husband, Vishal. This innovative crowdsourcing platform empowers tenants and landlords by providing access to crucial tenancy court orders and enhancing transparency in the Canadian rental market. In this episode, Weiting discusses the importance of treating rental properties as compliant businesses and tenants as valued customers. She also offers practical advice for new landlords and sheds light on the significant challenges posed by rent nonpayment. Tuning in, you’ll gain valuable insights into creating a fair rental environment, practical tips for landlords, and a deeper understanding of how Openroom is driving positive change in the rental market. Don’t miss this opportunity to enhance your understanding of the rental landscape today!
Key Points From This Episode: • The tenancy dispute that Openroom was created to solve and what it offers today. • Reasons that transparency and cohesion in the rental ecosystem are so important. • Insight into Weiting’s entrepreneurial journey with her husband, Vishal. • Why landlords should treat renting property as a business and tenants as customers. • Education-focused advice for new landlords to help them overcome typical challenges. • Stats from the LTB to illustrate the trouble landlords face with nonpayment of rent. • How the law works to protect both landlords and tenants equally. • Factors that contribute to unpaid rent and the repercussions that follow. • Ways that Openroom is working to change the rental ecosystem for the better. • How Weiting hopes to be a role model for other minority women in tech. • Why Openroom maintains its grassroots focus, even as the company scales. • Training programs, subscriptions, and more: Openroom’s approach to monetization. • Weiting’s take on rental increase caps and rent control more generally.
Ever questioned the validity of the hot takes on Canada’s rental market? Then be sure to join us on this episode of the Sync or Swim podcast, as we dive into an open conversation and unpack the truths and myths of the rental market’s hottest takes. We are excited to have two incredible guests on the show, Max Steinman, the CEO at Rentsync & Rentals.ca, and Jenna Chick, the Director of Leasing at Fitzrovia. Together, we break down several hot takes prevalent in the Canadian rental market, including renting as a simple waste of money, Canada’s perceived low vacancy rates, arbitrary rent prices and the ability for landlords to make a fair return, rent control as a solution to housing affordability, and more! Thanks for listening, enjoy.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
Quebec is a unique area in Canada with distinct differences in culture that set it apart from other regions. Naturally, the rental market reflects these differences. Today on the Sync or Swim podcast, we are joined by Rentsync’s very own Quebec rental expert, Hudson Bytautas to take a deep dive into the Quebec rental market. Tuning in, you’ll hear about Hudson’s career journey, some surprising facts and trends in the Quebec rental market, how region-specific trends impact the market, key differences between the rental market in Quebec and other regions, and so much more! We delve into how the lower cost of living in Quebec impacts the culture before discussing the student population that needs to be catered to. We even talk about what other areas of Canada can learn from Quebec’s rental market. Finally, Hudson shares his predictions for this unique area’s future and shares advice for first-timers looking to rent property in Quebec. Thanks for listening in!
Key Points From This Episode:
Rentals.ca and Raising the Roof have announced an exciting new partnership! So today, we are thrilled to be joined by the Director of Housing Development at Raising the Roof, Adrian Dingle. We begin our conversation by learning about Raising the Roof: its origin story and history, what the company does, and why its new venture with Rentals.ca is a match made in heaven. Then, we discuss the standout achievements that gave Raising the Roof its stellar reputation, how it garners support from various branches of government, what a day in Adrian’s work life looks like, and what he looks for in an ideal development partner. To end, Adrian details the challenges of his work and what other industry leaders could do to alleviate these pain points, and discover how to get involved with Raising the Roof and other initiatives that are aimed at curbing Canada’s housing crisis.
Key Points From This Episode:
Technology is becoming a vital aspect of the rental space as, for one, it provides the opportunity for accurate property visualizations before they’ve been built; without having to view the actual building. As a leading PropTech company that develops and deploys innovative tech solutions for properties and residents, Gryd is one of the reasons that many landlords and renters are willing to embrace this new digital era. Today we are joined by the Vice President of Sales at Gryd, Josh Donen, who explains what his company is all about and what his role in it entails. We learn about Gryd’s impressive technologies, how it works, and why the industry is clamouring to embrace it. Then, we look back at the pandemic as we discuss how the market reacted to it, how COVID swayed Gryd’s new innovations, and how the pandemic inadvertently set new trends for the rental industry. We also discuss what a boost in rental supply may mean for the industry moving forward, why multi-market conferences matter, and the exciting work that Gryd has planned for the near future.
Key Points From This Episode:
In our rapidly evolving world, prospecting tenants expect more than just a place to live or work. They seek vibrant, all-encompassing communities that offer convenience, choice, and a sense of belonging. On this episode of Sync or Swim, we are joined by Dimitri Kritikos, Director of Property Management at Rhapsody, who offers us a unique perspective on the promise of mixed-use developments and how they satisfy the needs of today’s discerning residents. Listening in, you’ll gain insight into Toronto’s exciting new master-planned community, The Well, which is one of the most ambitious mixed-used projects of its kind in Canada. You’ll also learn about the benefits of the geothermal well the development takes its name from, the various amenities that residents will be able to take advantage of, and how The Well not only offers an incredible place to live but is even changing the stigma of renting. For a sneak peek into the future of purpose-built rentals, tune in today!
Key Points From This Episode:
Rentsync's Director of Sales and Business Development Matt Livingstone joins us in conversation today to explore recent innovations in Multifamily Marketing, why they are necessary, and what we might expect from the future. To kick off our conversation, we discuss the current climate in multifamily investment, the emergent needs and how they could be fulfilled. Exploring use cases and the development of the Floor Plan Navigator, we speak to increasing sophistication in condo development and the role and integration of interactive tools in the Canadian and US market. We touch on future plans for FPN based on the various ways in which it is currently being adopted, why there are so many possibilities arising from the advent of this tool, and potential benefits for corporate contexts, landlords, and renters. Join us today to hear all this and more!
Key Points From This Episode:
Links Mentioned in Today’s Episode:
Matt Livingstone on LinkedIn
Rentals.ca
Rentsync
Sync or Swim Podcast
Housing affordability in Canada is a major concern for anyone hoping to purchase a home amid the current climate of increasing prices. For the same amount as a two-bedroom property in Toronto, prospective home buyers could purchase lake-facing castles in Europe or even entire private islands, according to content creator Millennial Moron, who has noted these absurdities in a series of viral videos. In today’s episode of Sync or Swim, the Millennial Moron himself joins us to share his humorous yet insightful take on the Canadian real estate market, the housing bubble we find ourselves in, the need for more purpose-built rentals, and the impact that rising interest rates are having on mortgages, plus so much more! This conversation not only offers a well-informed perspective and valuable insights, but it also injects some much-needed humour into what many might consider a dire situation. For the Millennial Moron’s guide to Canadian real estate in 20204 and beyond, be sure to tune in today!
Key Points From This Episode:
Housing is a hot topic in Canadian mainstream media and we couldn’t be more grateful, because even though steps are being taken to improve the state of housing in the country, there is still much work to be done. Joining us today to speak about Canada’s rental landscape is a journalist with her finger on the pulse – Toronto Star’s Business Reporter, Clarrie Feinstein. After explaining what drew her to journalism and business reporting and real estate, Clarrie walks us through the current trends of the housing market, why many buyers are tentative and overwhelmed, what the HST removal could mean for developers and new developments, and how the housing crisis has negatively affected the general mood of Canadians. Then, we take a closer look at how the mass exodus from big cities is shaping smaller neighbouring towns, how housing costs influence Canada’s international reputation, the ins and outs of short-term rentals, and our guest’s vision for the future of the Canadian housing market.
Key Points From This Episode:
Joining us in conversation are Rentsync CEO and VP of Technology and Data, Max Steinman and Michael Mottola. We are also joined by two members of the Building Stack community, CEO Jonathan Margel, and COO, Pablo Menghini. Tuning in, you will hear our guests offer their insights on the recent merger between Rentsync and Building Stack and how it was approached. Hear how Building Stack came to be, what motivated the merger, and how it supports property managers and the many hats they are required to wear. Learn about each business, what to expect from the future, and the biggest benefits that are set to unfold in the coming year. Thanks for tuning in!
Key Points From This Episode:
Listen to the episode wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
In this episode, we take a look back at 2023 and the rental trends reported by Rentsync and Rentals.ca. The Canadian housing market seems to be setting and breaking records each day, but does the good outweigh the bad? To help us make sense of Rentals.ca and Urbanations's report, we are joined by three of its influential contributors; the Product Manager of Data Services at Rentsync, David Aizikov, the CEO of Rentsync, Max Steinman, and the President of Urbanation, Shaun Hildebrand. The trio is here to walk us through their findings, which include the steady of flow new rental trends that have played out throughout the year, supply and demand numbers, the undeniable national crisis relating to the cost of living, and the possible impact that reduced housing may have once it enters the market from 2024 onwards. We also learn about the hidden opportunities of affordability, the fears that most prospective homeowners share, the communal relief that rent and housing is top-of-mind for mainstream media and policy-makers, and what renters and landlords can expect from the market in 2024 and beyond.
Key Points From This Episode:
Listen to the episode wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Canada is in the grips of a housing crisis as the people who need homes far outnumber the available residential units. At the same time, Canada is also experiencing a vacancy problem after the steep decline in office space demand post-COVID. It would make sense, then, to convert the empty office spaces into residential units, but as today’s guest, Steven Paynter explains, this process is far from simple. Steven is the Global Leader of Building Transformation and Adaptive Reuse at Gensler – an elite global architecture, design, and planning firm. Steven and his team developed an algorithm to rapidly assess project viability for office-to-residential conversions, and he explains how this helped Gensler form a successful relationship with Calgary Economic Development. Our guest details the challenges that he comes across in other parts of North America, as well as the areas of opportunity to mirror the success of the work done in Calgary. We also discuss why offices will never be the same post-COVID, how “trash” office spaces can turn into diamond residential units, why most buildings are not suitable for office-to-residential conversions, and the costs of converting versus construction. To end, we gain a better understanding of the true value of Gensler’s algorithm, and what the future may hold for this game-changing initiative.
Key Points From This Episode:
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Multifamily marketing has seen a variety of changes over the last year, particularly with the integration of AI advancements. Joining us today to unpack this evolution is our very own Allie Langohr, VP of Client Service at Rentsync. Tuning in you’ll hear Allie shed light on how their team is incorporating AI into the Rentsync platform and the many ways AI tools are being used to support digital marketing efforts. Find out how ChatGPT is being utilized to generate property descriptions and the awesome power of image editing tools to elevate photographs with ease. Allie also provides a breakdown of Rentsync’s new Infinity Bundle and gives a detailed account of its unique approach to helping clients maximize visibility across listing sites. For all the fascinating details on how Rentsync is incorporating AI tools into its platform and the evolution of multifamily marketing, be sure to tune in today!
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There is a major deficit in purpose-built rentals in Toronto at the moment and today on the Sync or Swim Podcast, we are chatting about this issue with Jonathan and Gabriel Diamond from Well-Grounded Real Estate. Tuning in, you’ll hear about their focus in the real estate world right now, why this deficit is happening, differences between apartment development and contrast condos, and how these problems can be solved. We discuss what is effective in terms of innovation before talking about integrated product delivery. Finally, our guests tell us about their incredible 1925 Victoria Park building. To hear all this and more, press play now!
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With skyrocketing rental prices, the tenant-landlord relationship is becoming increasingly divisive. In this episode, we discover how RentFund, led by founder and CEO Thomas Deneve, is revolutionizing the rental landscape by incentivizing tenants to take better care of properties through a unique financial approach, fostering a win-win scenario for landlords and renters. Thomas explains RentFund’s streamlined rent collection process, with an emphasis on security and privacy, and shares the company’s aim to eliminate transaction fees altogether. Tune in for insight into the future of the rental industry, and RentFund’s role in shaping the way we rent and invest in properties across Canada.
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As rental demand rises, rental scams are becoming increasingly prevalent. Today, we are joined by Cameron Choquette, CEO of the Saskatchewan Landlord Association (SKLA), to discuss rental housing scams and their impact on both renters and landlords. Cameron highlights the increasing prevalence of scams targeting prospective tenants, offering key red flags and practical tips for renters to stay vigilant. He emphasizes the importance of verifying listings and shares insights for landlords to protect their properties. Tune in as we discuss the long-term consequences of rental scams and explore the significance of education and vigilance in the evolving landscape of rental housing.
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In recent months, we have delved into the pressing issue of the lack of rental supply across Canada. This episode explores a creative and innovative solution: repurposing vacant buildings! Today’s guest Howard Chai, a staff writer at STOREYS, has been writing about this topic for a while now and has chatted with many industry experts. He joins us to shed some light on this topic. He explains the concept of "adaptive reuse" with a focus on office-to-residential conversions. We discuss the driving factors behind this trend, successful conversion stories in North America and most notably, Calgary, and the lessons other cities can learn from the Downtown Calgary Development Incentive Program. We also discuss the challenges architects and developers face considering these conversions and how the community typically responds. We look at examples of how such conversions positively impact developers, immigration, and rental supply before Howard shares his predictions for the future of office space and residential conversions in the years to come. Tune in for fascinating insight into this potential solution to the problem of the lack of rental supply!
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Our guest today is a city planner by trade and has valuable insights into NIMBYism (Not In My
Backyard) and what is and isn’t working in terms of community engagement in the
real estate development world. Karin Brandt is the CEO and Founder of coUrbanize and, in this
episode, she schools us on the importance of community engagement and how technology has
evolved the way developers are engaging with communities. We discover why the younger
“asset-less class” is less inclined to get involved in local politics and how coUrbanize aims to
change that, by getting more diverse community-representative voices on approvals boards
throughout the US. Karin breaks down how increased community engagement benefits not only
the community but real estate owners too and explains how best to address NMBYism
fundamentally. Tune in to find out where developers and policy-makers are going wrong in their
attempts to engage with communities and what needs to change as well as what can be learned
from the homeless crisis in San Francisco.
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This episode of the Sync or Swim Podcast is incredibly exciting as we are joined by Rentsync’s CEO, Max Steinman, for the very first in-person episode! Tuning in, you will hear all about the amazing changes that have happened at Rentsync over the last year, namely the integration of ChatGPT, before we delve into how AI impacts the housing industry as a whole. We discuss how Rentals.ca has evolved, its new network, Rentsync’s tours module, and so much more! Next, Max shares his wisdom about the supply issue in the housing industry, what’s causing it, how to get rid of it, and why rent control is a huge issue. Financialization, according to Max, is just another word for capitalism, and in this episode, he tells us why we shouldn’t demonize it and why rent evictions are a problem. Finally, we end on a positive note as we discuss how commercial space is being transformed. Thanks for listening in!
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If you’ve been playing around with the idea of making use of a bot in your company but have been worried about the added time and effort it takes to set it up, you may want to check out BetterBot. Today, we’re joined by our guest, Robert Turnbull, the President, COO, and Founder of BetterBot. He’s with us today to discuss the benefits of BetterBot and the world of artificial intelligence. As you tune in, you’ll hear more about Betterbot and the intention behind its creation and also about the primary product philosophy. Robert shares why he doesn’t believe in AI mimicking human conversation and why people don’t like finding out that they weren’t talking to a [real] human. We talk about what sets BetterBot aside from other bots and why free isn’t always free when it comes to the use of bots. If you want to find out how bots, and AI in general, can serve the multifamily industry, then this episode is for you. Be sure not to miss out, so subscribe, and tune in now.
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What role does purpose-built rental housing play in our housing solution? Today’s guest passionately believes that it’s going to play a big part and that we need to recognize, prioritize, and support that both as a society and as policy-makers. Tony Irwin is the President and CEO of The Federation of Rental-housing Providers of Ontario (FRPO). Tuning in, you’ll hear his thoughts on the necessity of taking immediate action to promote purpose-built construction, the impact of population growth and immigration, and how affordability issues are impacting the rental landscape today. We touch on obstacles to building purpose-built rentals, renters’ stigma, and the positive evolution of the rental housing industry. Hear Tony’s take on the true root of the affordability challenge, barriers faced by smaller rental operators, and what he recommends for the next housing bill. Tune in today to hear all this and more!
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ChatGPT and other forms of AI are really making airwaves, and in today's episode, we unpack how this relates to the rental housing industry. Joining us for this conversation are market research and advertising expert Adhiraj Brar and digital marketer Miguel Vasquez, both from Mainstreet Equity, a leading Canadian real estate and property management company. They’re here to shed light on how you can integrate AI and ChatGPT into your marketing strategies and use it to reduce your workload. Tuning in you’ll hear more about what ChatGPT is, how it functions, and some of the ways that it is helping property managers, landlords, and marketers in the rental housing industry. You’ll also learn how it has been used to create the National Demand Report by Rentsync before we hear about some of the helpful things this evolving technology will soon be able to do. Apart from talking about its many valuable use cases, our guests also share a word of warning to users of these tools and talk about some of the errors they have noticed while working with them. To find out more about how to make the most of AI and ChatGPT, tune in today!
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What would it look like if we completely eliminated the private sector from our rental housing industry and replaced them solely with social housing, like the prefabricated panel buildings (also known as panelkis) of Bulgaria’s Communist era? On this week’s episode of the Sync or Swim Podcast, we focus on the Canadian rental housing industry. Our guest today is Peter Shawn Taylor, the Senior Features Editor at the C2C Journal. He’s here today to discuss his most recent article, titled, ‘Marxism Won’t Solve Canada’s Rental Housing Crisis — Despite What Ottawa Thinks,’ a piece that grabbed the attention of many players in the Canadian rental housing industry. We dive into an engaging discussion with Peter and gain his insights into the current rental housing crisis being faced in Canada. He talks us through the newly formed Canadian Federal Housing Advocate role, what the financialization of housing means, and different tensions surrounding the root cause and the solution to the housing crisis. If you’re interested in learning more about what’s happening in the rental housing industry and how the crisis is being navigated, this episode is for you. You can also follow the link to read Peter’s article in the C2C Journal. Don’t miss out, tune in now!
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Building a successful brand requires deliberate strategizing and careful planning. The same can be said of making an impact in the affordable housing industry. Through his company, VIDA, today’s guest, Ron Lovett, is taking giant leaps in providing quality, affordable housing for those in need whilst his company’s brand is fast becoming a community favourite. Ron made the unlikely transition from securities to rental housing, failing many times along the way and using those lessons learned to forge a powerful business model of undeniable longevity. VIDA innovated four pillars which they use as guidelines to revolutionize affordable communities, and Ron explains why he is not fazed by inflation, why he’s chosen to double down on upskilling the community, how he makes the gig economy work for his business, and the unconventional methods VIDA uses to grow its brand. To find out how centralization and decentralization can be used in harmony, and why company culture is the only thing that matters, tune in now!
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“It's been in the DNA of the company from the beginning. That idea of doing extraordinary buildings has, and is, and will be what the practice does.” — Robert Macdougall
With rental prices increasing year on year, we’re noticing that renters are looking not only for a nice place to live but for modern amenities to help justify the steep prices that they’re paying to live in major markets and downtown cores. One of the ways Westbank Living approaches this market is with smart buildings. Joining us to discuss this and the other ways that Westbank installs modern amenities in its real estate developments, is Robert Macdougall, Senior Vice President at Westbank Living. He sheds light on some of the exciting developments that the company is working on in the purpose-built market in Vancouver, Calgary, Toronto, Seattle, Tokyo, and San Jose, and explains what inspired Westbank to embrace architecture and create hubs in these areas. Tune in today to find out more about the benefits of utilizing smart features, Robert’s advice to anyone exploring them, and some of the services and partnerships the company is implementing to generate additional income.
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“The industry can expect to have real-time analytics and real-time insights as to what's happening in the rental market across the country. And to me, this was a massive knowledge gap in the industry.” — Shaun Hildebrand
Access to real-time rental market data has always been a challenge in Canada. Luckily, today’s guests are here to share a solution to this problem! We are joined by Max Steinman (CEO at Rentsync) and Shaun Hildebrand (President at Urbanation) to discuss how they are joining forces to develop the most comprehensive market data platform for the rental housing industry in Canada. This exciting partnership will bring together Rentsync’s wealth of multifamily rental listings data, Urbanation’s industry-leading data platform for new purpose-built rental projects and condominium rentals, and decades of analytical expertise. Tuning in, you’ll find out how this new venture will create broader knowledge and expertise regarding what is happening in the rental market across the country. You’ll also gain some insight into rental demand in Canada as we unpack the unprecedented rent surges we saw in 2022, and Shaun and Max share their advice for how property owners, developers, and marketers can prepare for a short-term pause in the rental market as we head into 2023, plus so much more! To learn more about unlocking intelligent real estate data across Canada, don’t miss today’s episode of Sync or Swim!
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“I like to remind folks that brand building takes time. It's not easy, it takes a sustained effort over a prolonged period of time to create that repetition.” — Chris Willoughby
Data is the lifeblood of marketing and can help power your marketing programs, or so our guest today believes! Chris Willoughby, Vice President of Marketing for InterRent Real Estate Investment Trust, headquartered in Ottawa, Canada. Chris specializes in residential real estate, and owns, and operates nearly 13,000 suites across Ontario, Quebec, and British Columbia. As listeners tune in they’ll hear from Chris about how he has been educating property managers about the importance of marketing, how to decide what marketing channels to use, and why in addition to focusing on quantity, you need to also hone in on quality. He reiterates why it’s crucial to collect data to measure things and know where you are spending your dollars. Don’t miss out on all this and more!
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“We are having unprecedented demand that is met by very little vacancy.” — Jesse Greenwell
Welcome back to another episode of the Sync or Swim Podcast. Today we are joined by David Frattini from Rentals For Newcomers and Jesse Greenwell, the Head of Communications, Partnerships, Culture, and Inclusion at Mainstreet Equity. Tuning in, you’ll hear all about why there is a high increase in the demand for student rentals in Canada, how Mainstreet Equity has accommodated this demand, how they avoid unreliable tenants, and how they are promoting themselves as all-inclusive in order to attract student renters. We also discuss how Rentals For Newcomers are avoiding scammers online, how to seek student accommodation later in the year, how to be the best possible prospect for a landlord, the importance of rental insurance, how Covid has changed renting in Canada, and the financial benefit of seeking housing outside of your gateway city. Jesse and David also share some advice for international students looking to rent in Canada. You won’t want to miss out on this discussion!
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“Our core focus is just making sure we have the best experience for both renters and landlords across Canada.” — Matt Danison, CEO of the Rentals.ca Network
Vacancies for offices in Quebec went up to 16.5% last year, immigration is at an all-time high, and higher interest rates are preventing homeowners from selling their properties. All of these factors combined have led to an increased demand for rental units, and rentals.ca is heeding that call! Today’s guest is Matt Danison, CEO of the Rentals.ca Network, who is passionate about creating best-in-class renter and landlord experiences across Canada. Tune in to hear the process that Matt and his team went through to rebrand the Louer.ca segment of their network, the exciting plans they have for making it easier than ever to find what you’re looking for on a rental site, Matt’s top piece of advice on how to make your listing stand out, and more!
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“Our core focus is just making sure we have the best experience for both renters and landlords across Canada.” — Matt Danison, CEO of the Rentals.ca Network
Vacancies for offices in Quebec went up to 16.5% last year, immigration is at an all-time high, and higher interest rates are preventing homeowners from selling their properties. All of these factors combined have led to an increased demand for rental units, and rentals.ca is heeding that call! Today’s guest is Matt Danison, CEO of the Rentals.ca Network, who is passionate about creating best-in-class renter and landlord experiences across Canada. Tune in to hear the process that Matt and his team went through to rebrand the Louer.ca segment of their network, the exciting plans they have for making it easier than ever to find what you’re looking for on a rental site, Matt’s top piece of advice on how to make your listing stand out, and more!
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“It's a matter of really changing the housing strategy completely in our country and coming up with things that make more sense.” — @MKenneyCAPREIT
While there are regional variations, it’s no secret that, for many people in Canada, housing is becoming increasingly unaffordable. Today’s guest, however, believes that the answer to solving Canada’s housing crisis is right in front of us. In this episode, we sit down with Mark Kenney, President and CEO of CAPREIT, to discuss some of the policies that are driving rapidly escalating housing costs in the country and why a land lease approach is the obvious solution. Mark has nearly 30 years of experience in the multifamily sector, having previously held senior positions at Realstar Management Partnership, Greenwin Property Management, and Tridel. He is also a board member and prior chair of the Federation of Rental Housing Providers of Ontario, a board member of St. Hilda's Towers, and a founding board member of the GTAA.
For those who don't know, CAPREIT is Canada's largest publicly traded provider of rental housing, which owns or has interests in nearly 67,000 residential apartment suites, townhomes, and manufactured housing community sites across Canada, the Netherlands, and Ireland.
Tuning in today, you’ll get a glimpse into what the land lease model entails, who it appeals to, and why affordable housing is within reach for Canadians, so make sure not to miss this insightful conversation with CAPREIT’s Mark Kenney!
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“What Spark does is essentially power the sales and digital transaction process for new developments, residential towers, or projects. We are the backend infrastructure that the sales team, the marketing team, the administration team uses to manage everything.” — @SimeonGarratt
Welcome back to Sync or Swim! Today, we speak with Simeon Garratt, CEO and Co-Founder of Spark Real Estate Software, helping developers to sell and market their homes. Joining us, you’ll hear about the unique opportunity that Simeon identified to create a universal software to serve new developers across the globe. We speak specifically about how Spark serves marketing teams as they find more success in the digital world through insights, tracking, email marketing tools, and more! You’ll also find out why they have chosen to have a semi-open API and how a recent case study with Marlin Spring illustrates how Spark can be used to generate meaningful reports, and Simeon shares the company’s goals for the future (with their current services only being the start of what they plan to do) and lets us in on how he believes the pandemic has impacted this particular industry. Tune in to hear all this and more today!
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“AI has taken over so much of what we do ... It was a natural migration that it would find its way to multifamily.” — Brock McLean
AI has seeped into most industries, and multifamily real estate is no exception. Our guest today has been in the real estate industry for 25 years and has evolved alongside real estate technology. Brock MacLean is the EVP & CRO of LeaseHawk and former SVP of Business Development at RealPage and today, he talks us through the role of AI in leasing over at LeaseHawk. We learn about the conversational experiences AI is now able to provide, as well as how COVID has accelerated its adoption in the real estate tech space. Brock breaks down the issues AI has solved for leasing agents and beyond, and explains why it’s critical to understand your market and have a flexible digital marketing strategy. We also discuss the trends of increasing tech adoption as well as tech fatigue, and how AI increases efficiency without requiring management, training or workflow changes. Tune in to find out how AI is being employed in the real estate tech space, and the future of multifamily in the metaverse!
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“AI has taken over so much of what we do ... It was a natural migration that it would find its way to multifamily.” — Brock McLean
AI has seeped into most industries, and multifamily real estate is no exception. Our guest today has been in the real estate industry for 25 years and has evolved alongside real estate technology. Brock MacLean is the EVP & CRO of LeaseHawk and former SVP of Business Development at RealPage and today, he talks us through the role of AI in leasing over at LeaseHawk. We learn about the conversational experiences AI is now able to provide, as well as how COVID has accelerated its adoption in the real estate tech space. Brock breaks down the issues AI has solved for leasing agents and beyond, and explains why it’s critical to understand your market and have a flexible digital marketing strategy. We also discuss the trends of increasing tech adoption as well as tech fatigue, and how AI increases efficiency without requiring management, training or workflow changes. Tune in to find out how AI is being employed in the real estate tech space, and the future of multifamily in the metaverse!
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“It's a way for you to help promote, make sure you get more traffic and more visibility, eyeballs on your listings on those sites, which will then, based on data that we've seen in our analysis, it will help to generate more traffic.”* — Michael Mottola, VP, Technology & Data at Rentsync***
Today, Rentsync is excited to announce a new feature that helps users promote their listings, make sure they get more visibility, and ultimately generate more traffic, resulting in up to 2.5x (sometimes up to 6x), the number of leads! In this episode, we are joined by Suhasini Gadam, Senior Product Manager, and Michael Mottola, VP of Technology and Data at Rentsync, to chat about Promoted Listings, the latest and greatest Rentsync platform update that's going to transform the way rental housing providers market their listings.
Tuning in you’ll hear how Promoted Listings create a more streamlined, self-service process for users, in comparison to Featured Ads, and the many things that have happened behind the scenes to make this possible. You’ll discover how Promoted Listings can assist with leasing up faster, what some of the most popular use cases for this feature are, and how this affects the overall flow of transactions for Rentsync clients.
To find out how you can get started in using promoted listings, some of the different payment tiers and package offerings available, and everything you need to know to make the most of this new feature, tune in today!
Key points from this episode:
• Insight into what’s happening behind the scenes at Rentsync as they launch a new feature
• Rentsync’s new feature: Promoted Listings, and how the feature differs from Featured Ads
• Why this process was manual before and not a streamlined self-serve feature until now
• The difference between Promoted listings and Standard listings
• How Promoted Listings tend to be used more in urban centres and why Michael foresees an uptick in the use of these in secondary markets in near future
• What it means for Rentsync clients that Promoted Listings are now self-serve and how this affects the overall flow of transactions
• Some of the most popular use cases for Promoted Listings
• How Promoted Listings can assist with leasing up faster
• How a client can transfer a campaign if they have filled their vacancies
• Where Promoted Listings are available and what listing sites currently accommodate them
• Reasons why a listing site may not allow you to promote your listings
• The different payment tiers and package offerings for Promoted Listings
• How users can get started in using Promoted Listings on the Rentsync platform
• Other features that Rentsync users can look forward to in the next three to six months
• How users can submit feedback on the new feature
If you liked this episode, be sure to rate, review, and subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"As you grow, it's very easy to get distracted by bright shiny lights. There are new opportunities everywhere. But … don't get distracted by them. Just focus on what you're doing, and execute, and then work on executional excellence." — Simon Baker
Today's guest has worked with online marketplaces across multiple countries, and even continents, advising on product development, and successful business models. Joining us for this informative episode on the future of online rental websites is none other than Simon Baker, who has over a 20-year career in online marketplaces, from being CEO of the REA Group to advising market leaders around the world, and investing in 30-plus marketplaces in 15 countries. The list truly goes on and on (and up). In this episode, Simon shares insights into what he has learned to be the most important focal point when it comes to driving and scaling a business, as well as what he looks for in leaders prior to investing. We find out what typically leads to failures in online marketplace and how to ensure the survival and profitability of rental listing websites in the long run! Tune in to discover the nuances and challenges of the online marketplace business, and hear some of Simon's real-life examples of how to overcome hurdles in the space. This is an episode you won't want to miss!
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“That’s the reality of the renter search, they’re considering a wide variety of asset classes and locations. If you’re going to serve that renter then you need to have all the stuff. That’s what we’re aiming to be — is that completely comprehensive marketplace. That’s what we’re building. We want to have every available listing in America.” — Jonas Bordo, Co-founder & CEO of Dwellsy
With the death of Craigslist over the past few years, the main and valuable lead sources have become elusive for the landlord in the rental industry. The driving goal of today’s guest is to work in partnership with the property managers and landlords to truly serve the renter. His company aims to have a completely comprehensive marketplace and provide pure organic search options to renters so that they can find exactly what they are looking for. On the show today, we welcome Jonas Bordo, the CEO and Co-founder of Dwellsy and former Group Vice President of Operational Services at Essex Property Trust, and Senior Vice President of Corporate Resources at Bentall Kennedy, now BentallGreenOak. Tuning in, listeners will hear more about the death of Craigslist, serving the renter, what sets Dwellsy apart in the online marketplace, and so much more! So don’t miss out on today’s episode!
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“You can pick any asset class, and there’s so much change happening at PropTech. It’s the best time ever to be in the sector.” - Zain Jaffer, PropTech VC & Partner at Blue Field Capital
The world of technology is constantly evolving and has only been accelerated since the advent of the pandemic. Today, we are joined by Zain Jaffer to discuss the evolution of PropTech, the metaverse and modernizing multifamily. Not only has Zain founded a venture capital fund that invests in early-stage PropTech startups, but his last startup sold to Blackstone for $780 million. He is now a partner at Blue Field Capital, which has a $1 billion real estate portfolio, including multiple asset classes. In this episode, we find out what led Zain to real estate and what advice he has to impart to those stepping into the industry. He fills us in on what drew him to his personal investment niche, PropTech, and shares insight into a few of the compelling startups he has invested in thus far. Tune in to hear Zain’s predictions and speculations when it comes to property management, marketing technology and so much more!
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“For us at Fitzrovia, the marketing piece is not a bolt-on component. It carries the same weight as the building’s architecture and interior design.” — Ryan Funt
It’s not often that one can boast having an apartment block that is 100% leased and 100% occupied, but through an incredible marketing campaign (which won them a large number of awards!), Ryan Funt and his team at Fitzrovia have achieved that at The Waverley. In today’s episode, Ryan joins Nicolina for a discussion around marketing strategy for purpose-built rentals, and how, when done right, can turn rental prospects into brand loyalists (another uncommon achievement in the real estate industry). Ryan explains why your marketing roadmap should be created before any physical work on the building has started, and he shares examples of what it means to build a coherent brand image throughout a development. Ryan also shares his thoughts on how developers should be thinking about amenities, shifts that he has seen in the Toronto market in terms of desired unit size, why speed of response from rental agents is so important, and more! Tune in today to hear it all.
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I wish I could be a leasing consultant again, because I can think of four different channels I would have going at the same time, and I would be making four times the commission for every appointment slot available within a given day. – Rebecca Shaffrey, SVP Corporate Services at Bell Partners
On this week’s episode of Sync or Swim, we share a highly valuable conversation from the most recent Retcon, a best-in-class real estate technology conference, hosted in Miami, Florida. In the recording you’ll hear from Max Steinman, Interim CEO for Rentsync, as he moderates the event’s marketing and leasing panel. He is joined by four trailblazing multifamily industry professionals:
The focus of the panel centers around how technology has become ingrained in the marketing and leasing process, and how it is fostering greater innovation, streamlined operations, and more competition within the industry.
Key points from this episode: * Getting to know the panel and their role in supporting multifamily organizations * How digital marketing is improving the leasing process * How chatbots are helping increase the speed to lease * How video technology is personalizing the touring process * How self-guided tours are streamlining multifamily operations * What’s next for multifamily marketing and leasing technology
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"The way that we've structured the actual listing score is that a user is given a strong approximation of how complete their overall listings are, and hopefully receive a kick in the butt once they see that a particular property might be lacking." — David Aizikov
You could have the most amazing property in the world, but if your listing doesn't provide users with the information they need, you could have absolutely no success finding renters. The product team at Rentsync, including Michael Mottola and David Aizikov have developed Listing Score©, to help multifamily marketers and property managers optimize their listings and attract the right tenants. During today's conversation, David and Michael tell us how you can use Listing Score to measure the content quality and completeness of your rental listings. You'll learn about the key areas properties should be talking about to improve their score, how to use this score as a performance metric in your own reporting, and how Listing Score aims to drive progress and innovation for multifamily marketing. Michael and David also share some advice with listeners that they offer their clients, talk us through Listing Score's role in the Rentsync Platform, and share some of the feedback they have received from those currently using the new feature. Join us today to hear all this and more!
Key points from this episode: * Listing Score, a tool to help people measure the content quality and completeness of their rental listings * Why they can't just mandate the inclusion of additional fields * Key areas properties should be talking about to improve their listing score * Why they recommend that you have at least 10 unit and property level amenities * Why you should make sure that all your listings have the same number of completed fields * Why you should always include the size of the property in your listing. * How they came to realize that a really good number of images for your listing is eight * Michael explains how Listing Score works in the Rentsync platform * Assurance that Listing Score is not public, nor is it a reflection of the quality of your property * How properties can use Listing Score as a KPI for their own reporting * Their goal that Listing Score will help people to make better decisions * Feedback from clients who have used the feature before * David and Michael's plans for the future
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“We have our in-house construction company, our in house property management company, snow removal, grass cutting, you name it, it’s all under one roof, essentially giving that potential joint venture partner or client the ‘Costo effect.’”* — Adrian Pannozzo***
When Adrian Pannozzo had spent 15 years working on the police force, he decided to start investing in real estate. At first, this venture was intended to be his retirement plan, but it has turned into so much more than that! He bought his first property 11 years ago (a fully renovated triplex in Hamilton), and now his company, Executive Properties Capital, owns 70 homes and 350 units! The vision that Adrian for Executive Properties Capital was to create the real estate version of “The Costco Effect” and in today’s episode you’ll hear how he has brought that goal to life. We also discuss what Adrian’s journey in the real estate investment space has looked like to date, including the challenges that he has faced, and the exciting future that lies ahead. Adrian and his team have BRRRR down to a science, and anyone interested in the real estate industry will learn a huge amount from this conversation!
Key points from this episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“We have our in-house construction company, our in house property management company, snow removal, grass cutting, you name it, it’s all under one roof, essentially giving that potential joint venture partner or client the ‘Costo effect.’”* — Adrian Pannozzo***
When Adrian Pannozzo had spent 15 years working on the police force, he decided to start investing in real estate. At first, this venture was intended to be his retirement plan, but it has turned into so much more than that! He bought his first property 11 years ago (a fully renovated triplex in Hamilton), and now his company, Executive Properties Capital, owns 70 homes and 350 units! The vision that Adrian for Executive Properties Capital was to create the real estate version of “The Costco Effect” and in today’s episode you’ll hear how he has brought that goal to life. We also discuss what Adrian’s journey in the real estate investment space has looked like to date, including the challenges that he has faced, and the exciting future that lies ahead. Adrian and his team have BRRRR down to a science, and anyone interested in the real estate industry will learn a huge amount from this conversation!
Key points from this episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“You've got to actually go in and see it, there's no deal that we would ever do without actually taking a look and seeing the property.” — Ben Zlotnick
Today on Sync or Swim, we interrupt Ben Zlotnick’s family vacation to talk to him about his prolific career as a serial entrepreneur. Ben is the co-founder of Alexandra Capital, founder of Eden App, and founder of BTB Investments. In our conversation, he fills us in on how he merged his service and technology knowledge, and experience to launch Eden App, and shares its use case opportunity in terms of real estate. The topic of real estate investment swings to the fore and we go on to discuss Ben’s modus operandi when it comes to choosing where to invest, and what property types to invest in! We find out which US cities and states Ben has identified as exponential growth markets and how to recognize an investment opportunity. Ben generously shares some of the exciting projects he’s working on and emphasizes the importance of finding a suitable broker to work with. Tune in to discover why you should never make a deal without viewing a property, and why you should always work with a local third-party manager!
Key points from this episode:
“You've got to actually go in and see it, there's no deal that we would ever do without actually taking a look and seeing the property.” — Ben Zlotnick
Today on Sync or Swim, we interrupt Ben Zlotnick’s family vacation to talk to him about his prolific career as a serial entrepreneur. Ben is the co-founder of Alexandra Capital, founder of Eden App, and founder of BTB Investments. In our conversation, he fills us in on how he merged his service and technology knowledge, and experience to launch Eden App, and shares its use case opportunity in terms of real estate. The topic of real estate investment swings to the fore and we go on to discuss Ben’s modus operandi when it comes to choosing where to invest, and what property types to invest in! We find out which US cities and states Ben has identified as exponential growth markets and how to recognize an investment opportunity. Ben generously shares some of the exciting projects he’s working on and emphasizes the importance of finding a suitable broker to work with. Tune in to discover why you should never make a deal without viewing a property, and why you should always work with a local third-party manager!
Key points from this episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“If I were to build two identical buildings side by side within downtown Toronto, I would lose 17 percent of my gross floor space...or 17 additional percent, if I want to build a condo compared to if I want to build a fancy high-rise luxury apartment building.” – David Aizikov, Product Manager Data Services at Rentsync
As new legislation passed in favor of Inclusionary Zoning in Toronto, we called on David Aizikov, Product Manager Data Services at Rentsync and Max Steinman, Interim CEO at Rentsync to discuss the new policy that is taking effect in 2022. The policy indicates that all new purpose-built rental and condo developments within the city of Toronto, above 100 units, will have to include a percentage of their gross floor space for inclusionary zoned units, depending on where they are located in the city. The impact of this policy is tremendous. Everyone from developers to renters, to vendors and suppliers within the rental housing industry across the GTA have been left with a lot of unanswered questions and concerns. In this episode, we look at the policy from all angles, the good, the bad, and the unknown, and make recommendations for those looking towards the future of building in Toronto.
Key points from this episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Links mentioned in this episode:
Max Steinman on LinkedIn
David Aizikov on LinkedIn
Toronto Inclusionary Zoning Policy
Rentsync
"...you can imagine when you hit a renter with a 7% increase and they're expecting something that's sub 2%, that's problematic, and it can lead to turnover, it can lead to notices, and so really it's about managing and massaging the messaging, and it's all about the team, it's about the team component." – Ryan Funt, Live on Stage at the Affordable Housing & New Apartment Development Seminar
In this live episode of Sync or Swim, Rentsync's VP of Growth, Max Steinman moderates the Lease-up, Operations and Property Management panel at SVN Rock's Live on Stage event for Affordable Housing & New Apartment Development. The panel features marketing and leasing experts, Todd Nishimura, Senior Director, Marketing, Leasing and Communications at GWLRA, Ryan Funt, Director of Marketing at Fitzrovia and Lisa Jean, Director of Leasing at SVN Rock Advisors, who share their years of expertise helping new builds go from lease up to stabilization.
In this conversation you'll hear advice from the panel about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Links mentioned in this episode:
“At GWLRA, we're really a values-driven organization. We really hold dear to those values, and they are creativity, ambition, integrity, and empathy. I would say that it is well-known that most employees can speak to that.” – Todd Nishimura
In today's conversation we have Todd Nishimura, Senior Director of Marketing, Leasing, and Communications at GWL Realty Advisors Residential. Tune in to hear how he came to work in marketing at the Campbell Soup Company and the Four Seasons, and how the values he learned there contributed to his success at GWLRA.
We talk about changes sparked by the pandemic and which values GWLRA is driven by, before talking about why you must make a decision on what your lease up efforts are supposed to yield and assessing the success of out-of-home engagements and social media during the pandemic. Next, we explore the world of amenities and talk about how they can set you apart if you choose to place them front and centre of what you offer.
Finally, we touch on the aspirational brand being created at The Livmore and Todd shares how he learned that providing a premium experience means being able to ask for a higher price point. Join us today to hear all this and more!
Key points from this episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"Our focus and the way that we've taken a different approach is that instead of providing other property management tools or just another tenant screening tool, we said, 'Hey, what can we do to actually take away that risk of tenant delinquency for the landlord?'" — Viler Lika
During his time in consumer credit risk, Viler Lika started thinking about renter creditworthiness and how it impacts rental properties. In 2017 he founded SingleKey, the mission of which is to remove the common headaches of renting, and provide risk management for landlords. A major pain point for any landlord or property manager is a delinquent tenant, and while these bad tenants can cause huge issues for landlords, the occasional bad apple tenant provides a good insurance use case for a company like SingleKey.
Tune in to find out how SingleKey works (for landlords of all types), who underwrites their Rent Guarantee insurance, and how it is being used to address vacancy issues. Viler breaks down the costs of a delinquent tenant, and how SingleKey provides support for both the tenant and landlord. We hear about the worst-case scenarios for property owners, and how the COVID-19 pandemic has affected the Canadian rental market.Tune in to find out about the latest tool being released by SingleKey (an automated rental collection tool), and how SingleKey has maintained such a stellar 4.9-star rating on Google Reviews. Press play to find out more!
Key points from this episode:
Links mentioned in today's episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“I think a big question is how do you make marketing and leasing processes easier, but still allow for enough flexibility and personalization so that you can still make each property more compelling to prospective renters? That's the problem we're trying to solve here.” — Suhasini Gadam
In April of this year, Rentsync replatformed and launched some incredible new tools for the property industry. As we start to fully leverage the power of the new Rentsync platform, today we discuss some of the biggest challenges property managers, marketers, and leasing agents face when it comes to automating tasks and getting things done in an effective and timely manner. In this episode, we are joined by Rentsync’s Senior Product Manager, Suhasini Gadam. As a product manager, it is her job to understand what Rentsync’s customers need, develop new features, enhance the user experience, and make everyday tasks easier. Tuning in, you’ll hear about the most common requests from multifamily marketers looking for tools to help them work more efficiently, some of the most popular tools users are taking advantage of, and the most significant improvements made to the new Rentsync platform since its launch. Listen in to find out why autoresponders are so important to the leasing process, why resisting the adoption of more digital processes is counterproductive, and what Rentsync has in the pipeline for the coming weeks and months. With the constant rapid evolution of technology, you don’t want to get left behind, so tune in today!
Key Points From This Episode:
Links Mentioned in Today’s Episode:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"Just like we thoughtfully model and underwrite projects, we thoughtfully review the feasibility in a lot of different areas to ensure that we can truly unlock the value and have a clear path to a successful project." — Elliot MacNeil
Adaptive reuse is better for the environment, contributes towards increasing supply in densely populated and competitive urban centers, presents interesting design challenges for architects, and saves developers money. At least, that is what today's guests believe! Please join us in welcoming Joe Nickerson and Elliot MacNeil. Joe is the Vice President and Partner and Elliot is the Founder and President of Bruno Group, a Nova Scotia-based design-build company that helps growing families and businesses reimagine and expand their space.
In this episode, we reflect on the case that they make for adaptive reuse versus new construction and learn how the Bruno Group is creating memorable spaces that highlight existing features, preserve historical structures, and focus on character as part of their creative vision. We also touch on the affordable housing crisis, what they are doing to combat it, and the pros and cons of converting commercial spaces into mixed-use or residential, as well as the impact that COVID has had on Joe and Elliot's mixed-use area redevelopment strategy. Joe and Elliot also share their advice for those looking to build or invest in Nova Scotia and the role that knowing and understanding their market has played in their success. Tune in today to learn more!
Key points from this episode:
"What blew me away was really how much demand there was for these smaller markets. Even when you take Covid, work-from-home, and everything out of the picture, how much more per property demand there is in some of these small communities." — Matt D'Avirro
Data isn't very useful if it's not accessible or effective at communicating a message. It's just a bunch of numbers after all. That's why Matt D'Avirro, Marketing Operations Manager at Rentsync, is instrumental in using data and automation to make sales and marketing easier, and help influence future business decisions. That's why it's no surprise that Matt also conceptualized Rentsync's National Rental Demand Report, which maps demand throughout the country.
In this episode, Matt walks us through the impetus for this report and offers insights into how developers and marketers can best use it. We dive into some of the trends that have occurred over the last year, like COVID, work from home, and a boom in smaller markets. Matt talks about the implications of these trends and why they should be looked at from a long-term perspective. Wrapping up, we talk about what property developers should be focussing on, and Matt speculates what the next few months have in store.
Tune in today to hear it all!
Key points from this episode:
Links mentioned in today's episode:
Matt D'Avirro on LinkedIn
Rentsync National Rental Demand Report
podcast@rentsync.com
"We enable landlords to make more money by simplifying the whole process of renting by the room instead of the entire unit." - Arnab Dastidar
We're facing a rental crisis across the country. Today, 80 million people are renting with unrelated adults whom they don't have a romantic relationship with just to cut their rental prices. There has to be a better solution. Enter co-living. Co-living is a viable way to help renters find their own space, save up, and ultimately buy a house, and new proptech is making it even easier to find the perfect rental.
Arnab Dastidar, CEO and founder of SoulRooms, joins the show to discuss how technology can connect people to co-living opportunities, and also helps landlords earn more for their properties by renting per room instead of per unit, while creating more affordable accommodations for renters.
What we talked about with Arnab:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
“It was a lot of fun and I learned a lot and I agree, it’s going to just continually get better.” — Mitch Fanning
Today’s episode is a bittersweet one because we are saying goodbye to Mitch Fanning, one of the hosts of the show. Not only was Mitch an incredible VP of Marketing at Rentsync, but he was also a skilled podcaster. This was clear by just how quickly the show grew. In this chat, Mitch reflects on his time at Rentsync and shares details about where he is going next. Undoubtedly, the company where he is moving is incredibly lucky to have him. We also talk about Mitch’s fondest episode and what he has learned from hosting a podcast. As usual, we wrap up with a quick-fire round, which might just be the last one we ever do! Be sure to tune in to hear it all.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
“What we found is that basically, about 50% of these newcomers that are arriving want to be in their first rental phase within the first month of arriving in Canada.” — David Frattini
In today’s episode of Sync or Swim, we get together with David Frattini, the managing partner at Rentals For Newcomers, to discuss the advantages of immigration on rental demand in Canada. We hear from David about how he has been helping newcomers prepare with their transition to Canada for the past eleven years, and how RentalsforNewcomers.com provides an essential pipeline between landlords who are open to housing newcomers moving to Canada who are looking to rent. David explains why newcomers make reliable and desirable tenants and how the rental listing site is helping educate landlords on what to look for in prospective tenants. Immigration is a crucial part of the Canadian economy, it aids population growth, which in turn fuels economic growth, while newcomers are also a critical source of labor. David shares details on their fruitful partnership with Rentsync as well as some exciting developments taking place at Rentals For Newcomers. For all this and much more, tune in today!
Key points from this episode:
Links mentioned in today’s episode:
“Technology has definitely allowed us to scale, knowing that we wanted to scale, focusing our efforts on making sure all of our systems could handle that. It would have been a lot harder if every 75 doors, we had to get another person on staff, right? We’re able to stretch staff a little further because of technology.” — @atlaspm
Managing 1000 multifamily properties is no easy feat. You need good people, good systems, and good tools to make it run as smoothly as possible. Atlas Property Management has mastered these components, and with over 1000 doors under their belt, they are not showing signs of slowing down anytime soon. Colin Douthit, the company’s owner, joins us today to share insights on what it takes to manage a multifamily portfolio of this size. We hear about the impetus for starting Atlas, how they have managed to scale as quickly as they did, and what they did to overcome their growing pains. Colin also talks about some of the tools that help streamline property management. With more apps and platforms in the industry than ever before, there is no shortage of how property managers can leverage tech to suit their needs. Wrapping up, Colin talks about what’s in the pipeline for Atlas. Tune in to hear it all.
Key Points From This Episode:
Links Mentioned in Today’s Episode:
"It's super detail oriented; we'll take time obsessing over Pantone colors, and, you know, materiality. And, I think that's really what it takes to make a difference and an impact in a market that's just so competitive." - Ryan Funt
The specialized niche of purpose-built rentals in Canada has grown in popularity over the past half-decade. Offering a wide assortment of amenities not seen by other types of rentals, these projects are changing how we look at rental options.
Ryan Funt, Director of Marketing at Fitzrovia, joins the show to discuss one of his current projects, The Waverley in Toronto, Canada, and how to challenge the status quo in purpose-built rentals.
What we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"A bank check, we're calling it today. It gives you all the information you need to actually verify the tenants information being provided to you through a secure and quick and easy way to verify the information" — Chad Guziewicz
Tar down the pipes. Months of unpaid rent. Expensive eviction processes. We've all heard — or experienced — the horror stories of tenants gone bad. That's why landlords try to assess prospective renters up front through a long process filled with pay stubs and government documents.
Good tenants find it cumbersome. And landlords have to sort through reams of irrelevant information — like what bill a tenant missed 7 years ago.
There ought to be a better way. Now, there is.
In this episode of Sync or Swim, we discuss a new kind of screening software that helps landlords get the right tenants in place quickly and easily. Our guest is Chad Guziewicz, Co-founder of Rentify.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"If you can boost your traffic in a strategic way, you're going to solve the problem of getting more conversions." — Allie Langohr
First comes land, then comes development plans...and then comes an effective lease up marketing strategy. Of all the factors to consider when leasing up a property in today's market, creating a digital brand identity that engages prospects throughout each stage of your project, is among the most crucial.
Why? Because when prospects cannot see the final product yet, it's important for your online brand – including your website, ad copy, email marketing, social media, and more – to fill in those gaps and tell the story for you. In turn, this will help you to generate high quality prospects, and reach your occupancy goals.
In this episode of Sync or Swim, we discuss how to lease up your new community through effective branding and digital marketing strategies with Allie Langohr, Director of Client Services at Rentsync.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can’t see the links? Just search for Sync or Swim in your favorite podcast player.
"If you own a beautiful building that's newly renovated with all new systems, in an improving area, why would you sell that? You're much better off, levering it up, using the proceeds of the loan, to return some capital to your investors and allowing the rents to rise over time and therefore the value to compound tax free. " - Moses Kagan
A lot of real estate deals are designed to quickly flip properties — resulting in a lot of mediocre deals.
But in certain markets, if you buy quality properties, this is the opposite of what you want to do.
Because when you have great assets, don't sell them.
So says Moses Kagan, Partner at Adaptive Realty, the real estate private equity firm buying boutique Los Angeles apartment buildings they never plan on selling.
In this episode, we discuss:
Check out these resources we mentioned during the podcast:
Kagan's Blog
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can't see the links? Just search for Sync or Swim in your favourite podcast player.
"People think logos equal brand. The logo is a huge part of your brand. It's the face of your brand. But that's just what it is." – Kristen Cardwell
Branding is tough when you're selling the same thing everyone else in your industry sells i.e. a place to rent. But those in multifamily know that not all properties are created equal. So, what's the trick to successful branding? According to industry experts it's your ability to highlight your unique offering, and being able to create a brand that your target community will relate to.
In this episode of Sync or Swim, we discuss how to design your unique brand identity with Kristen Cardwell, Marketing Designer at Rentsync.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can’t see the links? Just search for Sync or Swim in your favorite podcast player.
"When I was looking for a place to live, I ended up driving up to Chicago, six weekends in a row to look at properties looked at over 40 different properties in person. And it was a pretty painful process because at least half of those I walked in, instantly turned around and walked out. I knew within seconds I wasn't gonna be living there." – Matt Weirich
Looking for a place to live is never an easy process.
You search for a place and the building, amenities, and unit images look great online. . So you get in the car, drive there, walk in the door, and immediately know that it's not for you. So, you hop back in the car to start the search over again. Wasted time. There has to be a better way to look for a place to rent online, right?
Thanks to people like Matt Weirich and his team at Realync, there is. They're changing the game when it comes to video-leasing and leasing properties sight unseen, removing the physical barrier to property leasing.
On this episode of Sync or Swim, we talk with Matt all about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can’t see the links? Just search for Sync or Swim in your favorite podcast player.
"A huge indicator that you're seeing conversion rates go up is when more leads are becoming actual tours coming into your property." — LeighAnn Frommann
If you have a leads problem, is it an issue of quality or volume? How should multifamily marketers be rethinking their lead gen strategy to drive better, higher quality leads today?
In this episode of Sync or Swim, we discuss acquiring better leads through consistent branding and digital marketing with LeighAnn Frommann, Marketing Manager at Rentsync.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can’t see the links? Just search for Sync or Swim in your favourite podcast player.
"Real estate is a capital intensive business. So everybody's chasing these bigger complexes, which is 20% of the market." — Bob Dhillon
From flipping homes to becoming the first Sikh billionaire in North America, Bob Dhillon knows his fair share about Canada's rental housing market. The CEO of Mainstreet Equity Corp. has netted a fortune by investing in undervalued mid-market apartment blocks, refurbishing them, and appealing to the inner city, millennial renter.
Why? For one thing, the affordable housing shortage. 73% of Canadians make less than $50,000 a year.
So, build all the fancy buildings you want, but they don't cater to 73% of the population.
In this episode of Sync or Swim, we discuss multiplying your wealth in multifamily by finding niche opportunities with Bob Dhillon, founder, president & CEO at Mainstreet Equity Corp., which focuses on mid-market rentals in Western Canada.
Here's what we talked about:
A weekly podcast on PropTech, multifamily marketing, and the rental housing industry. If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can’t see the links? Just search for Sync or Swim in your favourite podcast player.
“That focus on brand, I think, is becoming even more important as people start recognizing the names of brands that they can trust.” — Ashley Perry
Real estate affordability has been shrinking dramatically for first-time home buyers on a global scale, especially given the surge in popularity for single-family homes throughout the COVID-19 pandemic. However, this has created a huge opportunity for those looking to take a bet on build-to-rent apartments.
As demand for built-to-rent communities are projected to increase in the UK over the next few years, how can you build interest in your community and market to potential renters?
On this episode of Sync or Swim, Ashley Perry, Director, BTR Consultancy (London) at LIV Consult, talks about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"You can start making sense of your marketing by understanding what marketing channels are driving the best leads that convert at the fastest rates that ultimately stay for the longest." — Mike Wolber
You probably know about lead acquisition. But once a lead comes in, what do you do? Hand it off to the sales rep, cross your fingers, and hope?
That's what most of us do, actually — hope to book a showing. But hope is a poor tool for a typical customer journey. Instead, you can learn to guide your prospect through the twists and turns as you go from lead to lease.
On this episode of Sync or Swim, we discuss lead management with Mike Wolber, Chief Revenue Officer at Rent Dynamics.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
Listening on a desktop & can't see the links? Just search for Sync or Swim in your favourite podcast player.
"In the downtown cores of both Edmonton and Calgary, basically all the buildings are offering incentives. We've seen this have an effect on the inner sub market areas." — Andie Daggett
In this special episode of the Sync or Swim podcast, we discussed the Rentals.ca 3rd Annual Rental Market Predictions Report, authored by Paul Danison. Host Mitch Fanning brought in Paul and 4 other rental market experts across Canada to answer the question:
How has COVID changed the Canadian rental housing market now, and into the future?
Our panel includes Andie Daggett, VP, Sales & Client Experience at Urban Analytics, Paul Danison, Content Director for Rentals.ca, Matt Danison, Chief Executive Officer at Rentals.ca, Ben Meyers, President and owner of Bullpen Research & Consulting Inc., and Pierre Calzadilla, EVP of Growth at Local Logic.
Here's what we talked about:
A weekly podcast on PropTech, multifamily marketing, and the rental housing industry. If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"We are building new tools to help drive conversion rates to make teams more responsive and reduce time to market for your vacant units." — Diego von Sohsten
The new Rentsync Platform is officially out of beta! That's the product formerly known as "The Lift System," by the way.
On this episode of Sync or Swim, we discuss how we've rebuilt the Rentsync Platform to meet our customer's ever-evolving needs, with Michael Mottola, VP of Product and Technology and Diego von Sohsten, Senior Product Manager at Rentsync.
Here's what we talked about:
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
"It can be really easy to be distracted by industry buzzwords and flashy new technology. But the reality is, there's lots of technology that many have not implemented yet, but it's been around for many, many years." — Joe Easton
COVID-19 proved it: Some companies weren't ready for change. But that didn't stop them from jumping into whatever they had to do to protect their team and their renters.
Online leasing and payments soared.
But with so many tech solutions available, how do you select the right products?
On this episode of Sync or Swim, we discuss how to adopt new PropTech solutions with Joe Easton, Channel Partner Account Manager at Rent Manager and host of Beyond Rent podcast.
Here's what we talked about:
A weekly podcast on PropTech, multifamily marketing, and the rental housing industry. Check out the podcast on Apple, Spotify, or on our website here.
“Make sure you're supporting each other because we are seeing that *simple acts really do help build resilient communities.” — Colleen Krempulec***
Apartment buildings are empty shells. It's the people who call them home that bring life and personality to any community.
When a pandemic keeps everyone separate, how can you instill resilience into the community you've worked hard to build?
On this episode of Sync or Swim, we discuss how to create resilient communities with Colleen Krempulec. Colleen serves as VP, Brand Marketing & Corporate Social Responsibility at Hazelview Properties.
Here's what we talked about:
Check out the podcast on Apple, Google Podcasts, Spotify, or on our website here.
“If you really want to start learning how to get funnier, just go watch comedy of all kinds. Whether it’s a Simpsons episode or a late night talk show...try and observe patterns and timing and absorb that over time.” – Jon Selig
Description
What do multifamily rentals and stand up comedy have in common? At first glance, probably not much. But if you think that the rental market couldn't be made more humane with a little humor, you’ve probably never heard of Jon Selig.
Jon is the founder and creator of Comedy Writing for Sales Teams. He spends his time training sales teams on the best way to inject humor and lightheartedness into literally any industry, from housing to software to the funeral industry.
Our conversation on this episode of Sync or Swim centered all around:
Check out the podcast on Apple, Google, Spotify, or on our website here.
"I believe that the market will bounce back much faster than a lot of people expect and it's going to be surprising to many." — Shaun Hildebrand
The way the pandemic has disrupted rental housing makes a ton of sense given the impact on employment, immigration, and the student population.
But the data offers some surprising insights into how the rental market has changed.
And it offers a glimpse into what we can expect in the months and years to come.
In this episode of Sync or Swim, we're featuring Shaun Hildebrand, President of Urbanation, a Toronto-based real estate consulting firm that provides research, market analysis, and consulting services to the apartment industry.
What we talked about:
Get more insights into the rental housing market by following Urbanation on Twitter.
If you liked this episode, be sure to subscribe or follow Sync or Swim wherever you get your podcasts, Apple, Google Podcasts, or Spotify.
So it forced, I think all of us, but especially myself, because I was so new, to learn a lot about the industry at a rapid rate, and look for solutions to problems that multifamily owners and operators and marketers were experiencing at the time.” – Nicolina Savelli
As we move into season two of the Sync or Swim podcast, there are exciting changes happening. Some new developments, new guests, and some new hosting voices around here that you’re going to want to check out.
We’ll have VPs from all over the world, movers and shakers in the multifamily real estate industry, as well as a CEO from one of the leading public real estate companies in Western Canada (no spoilers yet, you’ll have to stay tuned for that one.)
We’ll also be moving to a weekly format, and our co-producer, Nicolina Savelli, will be highlighting her show as well, so stay tuned for that as well.
We’re just getting started, so make sure you subscribe wherever you get your podcasts, and don’t forget to keep swimming!
Check out the podcast on Apple, Spotify, Google, or on our website here.
“As an industry, we have done a really great job of creating digital opportunities for people to find out about properties when they're looking for properties And then once they actually go on site to check out the apartment, there is a huge need for technology.”
Have you, or do you know anybody, who has tried to rent an apartment during the COVID-19 pandemic?
If so, you’ve likely noticed that technology is much more front and center now than it ever has been before. From digital showings to email paperwork to virtual listings, agencies are utilizing technology for multifamily dwellings more so than ever before.
And that’s largely due to the acceleration of technology caused by the COVID-19 pandemic.
On this episode of Sync or Swim, we talk with Jennifer Cyphers. Jennifer is the founder and CEO of Pynwheel, a leader in the self-touring category in the multifamily space. We talked all about:
Check out the podcast on Apple, Spotify, or on our website here.
"While the world is changing and people are looking for apartments differently, your presence online needs to be just as polished and consistent, sending the right message to the renters you're looking to target." — Austin Joynes
2020 accelerated several trends in the purpose-built rental industry:
Now, what will 2021 look like for purpose-built rentals?
That's our topic for this episode of Sync or Swim, featuring Austin Joynes, a 14-year veteran of the purpose-built rental industry in Canada, who started out as a leasing agent before moving into the property management side.
Here's what we talked about:
Check out the podcast on Apple, Spotify, or on our website here.
"As a result of COVID, two things have struck me: 1) just how resilient multifamily is as an asset class; 2) how much innovation has actually occurred in this industry."
After the longest shortest year of everyone's life, the Sync or Swim podcast is wrapping up our first season's 13-episode run.
In this episode, we examined the trends and ideas we uncovered in our interviews:
Featuring:
Mitch Fanning, VP Marketing at Rentsync
Nicolina Savelli, Content & Communication Specialist at Rentsync
What we talked about:
Subscribe, rate, and review the podcast on your favourite platform, Apple, Google Podcasts, or Spotify.
“The importance of frontline staff — the grocery store guy, the superintendent, the leasing agent — frontline staff is critical. They need to be valued, trained, paid, and motivated. We can all improve, I think, on that.” — Derek Lobo
Apartments are going to be very successful in the future for 4 reasons:
It's the perfect storm to build.
That's our topic for this episode of Sync or Swim.
Featuring:
Derek Lobo, CEO and broker of record at SVN Rock Advisors Inc,
Derek is a thought leader in the apartment and student housing industries, specializing in new apartment construction, asset management, leasing, and multi-family brokerage.
What we talked about:
Check out the podcast on Apple, Spotify, Google, or on our website here.
"Your competitive weapon is to deliver something to the residents that they don't expect, and in doing so, turn them into advocates for the property."
You don't have a secret sauce. Oh, but you do, you say? You have nice properties, smart amenities, and friendly leasing staff? So do all your competitors. Your only advantage is experiential. So your competitive weapon is to deliver something to the residents that they don't expect, and in doing so, turn them into advocates for the property
That's our topic for this episode of Sync or Swim.
Featuring:
Jay Baer, a trusted adviser to some of the world's most iconic brands and author of six bestselling books, including Youtility for Real Estate: Why Smart Real Estate Professionals are Helping, Not Selling. Jay is also the founder of Convince and Convert Consulting, a digital marketing and customer experience advisory firm that helps the world's most iconic brands gain and keep more customers.
What we talked about:
Subscribe, rate, and review the podcast on your favourite streaming platform, Apple, Google Podcasts, or Spotify.
People spend a lot of time shopping online. So, why couldn't you do that for real estate? What would it take to create an e-commerce experience for renters on your website?
The online shopping idea offers just one example of using brand trends in fashion or other industries to influence what we do in real estate, and how to differentiate from the competition. And that's the focus of this episode of Sync or Swim.
Featuring:
Lauren Popadiuk, Director of Marketing Communications at RNDSQR, a real estate development firm in Calgary known for building affordable yet inspired spaces for those who dread the daily crawl out of the burbs.
What we talked about:
Subscribe, rate, and review the podcast on your favourite streaming platform, Apple, Google Podcasts, or Spotify. For bonus show notes and content visit our website here.
If it ain't broke, don't fix it. And real estate in America hasn't broken since the early 1900s. But in the last 10-20 years, real estate as a physical asset has morphed, a trend the pandemic has exacerbated and accelerated.
Thirty years ago, warehouses were the inferior asset class and retail the hottest. Now, no one wants a mall. Because these transformations happened so quickly, investors could not adapt fast enough. As soon as investors started to get burned, it was time to innovate.
Featuring:
Abe Somani, Managing Director, Leverton Intelligence, a pioneer in using artificial intelligence for data extraction and contract analytics.
What we talked about:
Check out the podcast on Apple, Google Podcasts, Spotify, or on our website here.
"Trends usually don't influence my decisions, usually go for long term longevity and good location, because you can't change that." — Allan Drewlo, (6:20-6:31)
If, like Drewlo Holdings Inc., you've been developing, constructing, and managing apartment buildings since 1958, you've learned a lot of valuable lessons along the way.
Your company has probably persevered through challenging times, and today's economic shuddering probably doesn't catch you off guard.
In this episode of Sync or Swim, we discuss how to achieve long-term success with multifamily investing, today and beyond, from veteran property owner, operator, and developer, Allan Drewlo.
Featuring:
Allan Drewlo, President of Drewlo Holdings, a family-owned business that has been developing, constructing, and managing apartment buildings for more than 60 years.
What we talked about:
Check out the podcast on Apple, Spotify, Google Podcasts or on our website here.
Whenever there's a difficult period, whether it's the Internet bubble in the early 2000s, the financial crisis in 2008, or COVID, companies have to figure out how to transition through that difficult period and come out the other side stronger. In this episode of the Sync Or Swim podcast, we discuss how to navigate a company or organization through uncertain times.
Featuring:
Dan Jauernig, president & chief investment officer at NCM Capital Inc. and a member of the board at Rentsync.
What we talked about:
Check out the podcast on Apple, Google Podcasts, or Spotify, or on our website here.
"Corporate America hates the word fun because they think it doesn't imply business results. You can't change your culture by talking about it. You have to give people a toolkit they choose to use when you're not around. So, make it fun. And then you can change your culture." – Duncan Wardle in E07 of Sync or Swim: Navigating COVID-19 with Creativity & Innovation
In this episode of the Sync Or Swim podcast, we discussed grit, persistence, trial and error, and willingness to fail — in other words, we talked about fun!
Featuring:
Duncan Wardle, former Vice President of Innovation and Creativity at The Walt Disney Company.
What we talked about:
Check out the podcast on Apple, Google Podcasts, Spotify, or on our website here.
“We were seeing this growing number of people, especially Millennials, turning to the rental market. The problem was, the options for these renters were quite limited, particularly in the higher-end rental market.” — Julian Battiston
Millennials have turned to the rental market for housing. But their options, particularly in the higher-end rental market, are limited. Besides, these renters are coping with an outdated property management model that has yet to adopt the service culture that virtually every other industry has already acquired. In this episode, we discussed the purpose-built, multi-family, high-end rental market on the Sync Or Swim podcast!
Featuring:
Julian Battiston, co-founder and CEO of the Oben Group, a Toronto-based real estate company focused on upscale purpose-built developments.
What we talked about:
Since COVID-19, multifamily operators and marketers have ramped up their adoption of technology to run their companies and to do business in a new way. Although historically the property real estate market has been slow to adopt technological solutions, both the pandemic and an influx of capital have reshaped that pattern. In this episode, we discussed real estate technology for 2020 and beyond on the Sync Or Swim podcast!
Featuring:
Kris Beible, Vice President, Software Equity Group
What we talked about:
“I think the next generation of the marketplaces are going to be full stack where you don't just do marketing, you actually help the renter and landlord through the entire transaction on one platform.” – Anthemos Georgiades (21:33)
The real-world experience of queuing up for access to university housing, inspired Anthemos Georgiades, Co-Founder and CEO at Zumper to ask:
“Why can't I book a 12-month lease online? Why do I have to go in person?”
Fast forward a few years to the birth of Zumper, which aims to make renting an apartment as easy as booking a hotel.
Mitch sits down with Anthemos to discuss its acquisition of PadMapper, the similarities and differences between the US and Canadian rental market, as well as the impact of COVID on rent rates, and Zumper’s cutting edge solution “Instarent”.
What we talked about:
Check out the podcast on Apple, Spotify, and Google Play, or on our website: rentsync.com/podcast.
Adapting your multi-family marketing strategies to the unpredictable and remote-based digital environment that has been forced upon us is a challenge we are all facing.
Roselyn D'Ascanio, Marketing Manager at Starlight Investments sits down to share some of her insights about how she is adapting her approach to accommodate a COVID world.
“You can't move a building. So you're stuck with a location. Whether it's a great location or a poor location; you're stuck with it as a marketer.” — Max Steinman In this episode of Sync or Swim, Max Steinman, VP of Sales at Rentsync joins Mitch Fanning to discuss best practices for optimizing Net Operating Income (NOI) for new real estate developments.
What we talked about:
Check out the podcast on Apple, Spotify, or on our website.
Get to know the story of one of Canada's Top 100 fastest-growing companies. The Rentsync leadership team sits down with Sync or Swim host Mitch Fanning to round up key highlights from their past 10 years together and explore their plans for the future as a leading provider of marketing solutions for the multifamily industry.
Featuring:
What we talked about:
Check out the podcast on Apple, Spotify, or on our website.
Marketing for multifamily has historically been complex, fragmented, and time-consuming. Sometimes it can be challenging to know if your efforts are truly paying off. In fact, it can almost feel like you’re swimming upstream...
If you can relate, then this podcast is for you!
Mitch Fanning, VP Marketing for Rentsync, hosts Sync or Swim, a biweekly podcast brought to you by Rentsync, where listeners get the latest insights in PropTech, multifamily, and the rental housing industry.
In each episode, we ask inspiring individuals to share their stories of success and failure and dive into the technologies and strategies that have helped operators and property management companies overcome operational challenges and increase the value of their portfolios.
In this week’s episode, Nicolina Savelli, Rentsync’s resident content marketer, takes over as host as Mitch answers questions about repositioning Landlord Web Solutions (LWS) to Rentsync, and why starting “Sync or Swim” is so important to the company’s mission.