For an industry that relied heavily on in-person interactions, the property management world had to adapt quickly to remote pandemic realities over the past year. The shift to remote work, virtual leasing and the types of communications needed to relay messages to residents all created an urgency in the property management world to find technology solutions that would best help them navigate business disruption caused by the pandemic.
However, the acceleration of tech adoption in property management is not something that starts and stops with a remote reality. Technology was gaining traction before the pandemic, and the acceleration of tech adoption is going to continue to rise, even when our environment starts to feel a little more “back to normal.”
Mineral royalty interests do not possess any liabilities which are present in traditional real estate. These are assumed by the OpCo including environmental, mechanical, and maintenance. Ultimately, if a well is drilled and there is a cost overrun, it is completely irrelevant to the mineral holder and 100% the operator’s responsibility. Click to read more at www.forbes.com.