In 2010 Taylor Lembi lost his father to cancer. The man that taught him everything he knew about real estate investing, development and management was gone and his motivation to continue ruling the San Francisco real estate market was waning. So he decided to learn how to code. His desire to try something new and his disdain for paper clutter gave birth to Intellirent (@intellirent, IG), a smart service that streamlines tenant applications and fills vacancies fast; even for international applicants.
A 3rd generation San Francisco real estate investor, Lembi and his partners now manage over 2500 units in the bay area. That number only goes up when you factor in all the units that Intellirent handles nationally. Over the course of his illustrious 20-year career, Taylor has acquired, managed, financed, and advised on more than $3 billion of real estate related transactions.
In this episode Blake and Taylor discuss:
- The importance of delegation, especially when starting a new business or bringing a new building to market.
- Challenges associated with retrofitting old buildings with new, smart technology.
- How small living spaces can be made into versatile, communal living experiences in densely populated markets.
Future of Living is run by Homebase. Homebase brings the smart apartment experience to new build and retrofit multifamily with trusted technology that delivers intuitive building access control with smart locks, automation of property management, new revenue with property-wide WiFi, and IoT technology amenities residents enjoy. All completely installed and managed for the multifamily innovation leaders of this decade.