Maximize Rental Property Rates

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John Greene
John Greene on 21 Mar 2019
Commented: John Greene on 22 Mar 2019
I'm looking for an AI / Machine Intelligence product that will maximize apartment rents based on the following criteria:
  • Rent History by Bedroom/Bath
  • Shopped history for comperable properties
  • Rent incentive specials offered by comperable properties
  • Whether the apartment is a new lease or a lease renewal
  • What is the base Gross Scheduled Rent for the apartment
  • Target % rent increase (New Lease or Renewal)
  • % vacancy for the entire property
  • Harmonized rent for the unit configuration for similar properties.
Would like a system that can take all of the above variables and product a model that maximizes the suggested rent.
Can such a model be created in MATLAB? If so, can the model be seamlessly intengrated into a SAS application through an API?
J Greene
[email]
  2 Comments
John D'Errico
John D'Errico on 21 Mar 2019
Yes, it can be created. Virtully anything CAN be done. As always in something like this, the question is the skill of the person writing the code, and their knowledge of the software(s) involved, thus MATLAB and apparently SAS.
But we cannot really help you here, at least not much. You need to talk to the person who will write the software for you, for pay, I assume.
John Greene
John Greene on 22 Mar 2019
Thanks for the feedback. Sounds like MATLAB is a product that can do the job.

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