Testing the Hypothesis, Part 2

Who: those that may meet the need presented in the opportunity but actually do not include those who already have easy forms of communication with other parties involved in their real estate, those who live in public institutions, or even homeowners.

What: the boundaries of this need may extend to the idea of using PropertyConnect to contact and hire property maintenance and does not extend beyond assisting in investment other than real estate.

Why: a common reason why an outsider’s need may be different simply has to do with available income. Some who may be interested in pursuing real estate investment may not have the capital to do so.

Inside the Boundary

Who is in: potential investors w/ capital, property owners not always in the vicinity of their holdings and their tenants.

What the need is: a simpler way to invest in real estate and communicate with all parties involved in managing, living at and investing in properties.

Why the need exists: real estate investment is growing rapidly in the age of technological expansion.

Outside the Boundary:

Who is not: those interested in investing without the necessary income, property owners who live on the premises.

What the need is not: making investing more affordable.

Interview 1: my roommate

My roommate didn’t fall into the need because his parents own his apartment and there is no need for improved communication between them.

Interview 2: student living on campus

This student didn’t fall into the need because they live in a dorm publicly funded by the University of Florida.

Interview 3: homeowner

This homeowner owned their own property and does not have plans to venture further into real estate investment.

Interview 4: student studying real estate investment

This student has a keen interest in investing in real estate, as well as the knowledge, but does not yet have the income to do so.

Interview 5: property owner living on the premises

This property owner has no need for improved communication because they are already easily accessible to their tenants.