Peter Lohmann argues AI startups could let DIY landlords manage properties alone, since they make up 60-70% of the rental market. But as AI tools handle routine work, property managers might shift to premium services, creating a hybrid model where technology and human expertise coexist.
But here's the thing. How do we know that we're not actually just training these startup companies' AI models so that eventually, inevitably, they're going direct to the landlord, the DIY landlord, which is 60 to 70% of the market, and they're saying, here's a solution that does everything. You don't need a property manager. And by the way, won't that spawn partnerships with property managers? Because you're going to have DIY solutions that are so inexpensive and so good that are AI native. Then when someone wants an upgrade, there's a partnership with property managers and they're able to like convert. And so that's what I think the future is.
