Source: Mynd
Property management will never be the same again now that Mynd is around. Bringing two practices together to form a groundbreaking company and service, rethinking the way people think of real estate with a one-of-a-kind property management system.
Headquartered in Oakland, California, Mynd is a full-service property management company that provides the small residential real estate sector with a system that helps investors save time and increase yields. The company has developed a proprietary technology that optimizes rental property management for real estate owners and investors.
The company was started by former Super Bowl-winning NFL player Doug Brien and breakthrough e-commerce entrepreneur and real estate mogul Colin Weil. The duo started the company back in 2016, intending to serve the non-institutional sector of the single-family rental or SFR market. Before starting Mynd, Doug played a pivotal role as the CEO of Starwood Waypoint, which at one point managed a $3 billion portfolio over 17,000 SFR homes all over the United States.
In January 2009, Doug and Colin started Waypoint Homes, which would grow to over 500 employees and manage over 15,000 rental homes. Over the years, the company would also receive multiple recognitions, including being named Business Times’ Sixth Fastest Growing Company in the Bay Area, the Goldman Sachs’ Top 100 Most Innovative Entrepreneurs honor, and Ernst and Young’s Entrepreneur of the Year Award in North California.
At the core of Mynd Property Management is its full-service, local property management services that its proprietary technology magnifies to service multiple markets nationwide. The company currently has properties and locations in places like the Bay Area, San Diego, Oregon, Vancouver, Washington, Sacramento, Phoenix, Reno, Las Vegas, Dallas, Atlanta, Portland, Tucson, Denver, San Antonio, Houston, and Tampa. It will also soon expand to additional areas, including Indianapolis, Memphis, and Southaven.
All in all, Mynd Properties oversees more than 8,000 units on behalf of property owners and continues to grow with time. In each of their markets, the property management company remains an active member of the community. It uses its influence to advocate for property owners, providing various services, including legal support and real estate investing education. On their website, Mynd hosts a library that delivers a wealth of information in podcasts, blogs, ebooks, tools, calculators, and other online resources.
As a member of the National Association of Residential Property Managers, Mynd seeks to uplift the real estate and property rental market by sharing best practices that will uplift the industry’s standards as a whole. The company also focuses on providing better experiences and communities for its clients’ residents, which helps owners by raising the valuation of their properties and increasing retention rates on tenants by miles.
At the core of Mynd’s business practices is an emphasis on collaboration and partnership. The company believes that everyone wins when all party members share the same visions and values. As a company made up of real estate professionals, investors, and property enthusiasts, Mynd understands the nuances behind property management and continues to innovate, potentially molding some of the country’s best realty practices for many years to come.
To learn more about Mynd, visit its website.
References:
