Prosperity Through Multifamily Real Estate Investing

How to Capture Additional Revenue by Offering Community Wifi with Michael Doucett

June 30, 2021 Cody Laughlin Episode 74
Prosperity Through Multifamily Real Estate Investing
How to Capture Additional Revenue by Offering Community Wifi with Michael Doucett
Show Notes

“…It doesn't matter if you're blue-collar workforce housing or if you're a high-income earning professional. We all need the internet. We all rely on it.”Michael Doucett

 In a day in age where the value-add strategy has been over executed, multifamily owners and operators are seeking new alternative strategies to increase their overall bottom line. As a world of convenience, improving the resident experience through the use of technology may be the new alternative value add strategy. 

Our special guest on today’s episode is Michael Doucett from Blueport, a managed service provider specializing in community WIFI for multifamily properties, both as the connectivity backbone for connected devices and WIFI to residents as a revenue generating amenity. Blueport has been in operation for 20 years providing WIFI service and expertise to some of the largest organizations in the country. Michael is helping multifamily owners and developers implement value-added digital solutions that provide residents with a connected living experience while increasing property income and NOI. 

In this episode, we cover:

[00:01 – 06:59] Opening Segment

·       Let’s get to know Michael Doucett.

·       Entering the residential’s appeal for Wi-Fi usage. 

[08:34 – 16:59] Accessibility of Wi-Fi

·       Providing resident experience resort style.

·       Community connectivity

 [17:00 – 25:42] Network Troubleshooting

·       Network interruptions

·       Who manages the network

[25:43 – 36:19] How do we generate revenue with this service

·       Retrofitting existing buildings vs new development

·       More bandwidth to provide seamless service. 

·       Proper equipment and service 

[36:20 – 47:20] Closing Segment

·       Don’t miss these parting lessons from Michael.

·       Connect with Michael

·       Links below

·       Final words


Tweetable Quotes:

“…It doesn't matter if you're blue-collar workforce housing or if you're a high-income earning professional. We all need the internet. We all rely on it.” – Michael Doucett

 

Connect with Michael at  doucett@blueportwireless.com or LinkedIn.
Visit Blue Port to learn how Blueport is empowering users with their intuitive network design capabilities, multi-tier bandwidth options and flexible billing.

 

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