Welcome to Episode 82 of the Mobile Home Park Investors podcast, hosted by Jefferson Lilly and Brad Johnson, with the Park Street Partners. Michael Montiero and his co-founder founded Buildium in 2004 after being unable to see the exact amount their tenants were paying in rent each month. Their product fixed a critical pain point for them and they have since branched out to help other small to medium business owners in the same position. Find out how a product like Buildium can help you keep track of your rents!
Key Takeaways:
[3:25] What did Michael do before joining Buildium?
[6:35] Did Michael ever raise VC money for Buildium or has it always been bootstrapped?
[7:25] What problem did Buildium first solve when it was built in 2004 and how has the product evolved today?
[9:40] Who primarily uses this product? Property managers?
[12:30] Does Buildium have late notices with the right legal language in them based on the state the customer is in?
[14:40] How does Michael get feedback from the customers who use his product?
[17:55] Michael does a quick case study on how a product like his can benefit mobile home park owners.
[21:00] How does Buildium handle meter readings?
[23:55] Michael’s product can actually get you leads. He explains how!
Mentioned in This Episode:
Park Street Partners Business Resources
LinkedIn: Mobile Home Park Investors Group
Send deals to Deals@parkstreetpartners.com