Operating Differently In Multi-Family Buildings

Mickey Kropf is the Co-Founder and CEO of Vector Travel, Inc, a tech-enabled, full-service, rental housing hospitality company. Prior to Vector Travel, Mickey co-founded and led growth at Rented.com, a short-term rental marketplace connecting owners with short-term rental management companies. Mickey has a background in commercial real estate development and finance. Enjoy 15% off by using SlickTalk on the checkout page with Vector Travel. For those who are apartment owners, you get one month free, and if you mention the podcast, you’ll get a one-month management fee for free too! Risk is something we can’t avoid and you know this! But… you can sure minimize your risk when it comes to putting things in place like NoiseAware & Safely.com! Safely have you, your guests, and your homeowner covered if anything goes wrong or gets damaged and guess what!? By having a NoiseAware device in your home, you’ll have everything you need in order to have peace of mind! We also want to say thank you to Breezeway for sponsoring this episode! To learn more about Breezeway, go to www.breezeway.io/slick In this episode, we explore: 02:58 - Mickeys Background 05:55 - Revenue share model vs master lease model 09:27 - Why mess with the model that’s not broken 11:47 - Iceberg Analogy 14:57 - Dealing with multi-billion dollar corporation clients 16:42 - Control Access to the Building 20:43 - Tracking the Inventory for multifamily side 23:10 - Positive Challenges that help grow the business 26:51 - The best clients are the existing clients 28:55 - Handling the business operations 31:36 - Contracts with the clients Connecting with the Guest: https://www.linkedin.com/company/vectortravel www.vectorstays.com Slick Talk Website & Socials: https://bit.ly/3uCsm6H Learn more about your ad choices. Visit megaphone.fm/adchoices