{"id":20230,"date":"2018-02-15T01:00:44","date_gmt":"2018-02-14T14:00:44","guid":{"rendered":"https:\/\/www.realestatetalk.com.au\/?p=20230"},"modified":"2018-02-15T01:00:44","modified_gmt":"2018-02-14T14:00:44","slug":"never-lose-a-plan-again-andrew-mackie-smith","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/never-lose-a-plan-again-andrew-mackie-smith\/","title":{"rendered":"Never lose a plan again \u2013 Andrew Mackie-Smith"},"content":{"rendered":"<p>In September last year \u2013 a program called <strong><em>inndox<\/em><\/strong> was born and immediately started winning awards for its ability to help property owners and investors, builders and developers assemble and sort all the critical documents involved in developing and owning property. The co-founder of inndox is <strong>Andrew Mackie-Smith<\/strong> and he explains how Inndox works.<br \/>\n<strong>Transcript:<\/strong><br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>In September 2017, a program called Inndox won a place in the CityConnect Smart Cities program, a six-month accelerator to support, design, and build a smart city solution, partnering with BlueChilli.<br \/>\nThe co-founder of Inndox is Andrew Mackie-Smith. Andrew is an author. He\u2019s highly regarded as a spokesperson on building issues. He\u2019s a third-generation builder, a building certifier, principal and consultant managing director of the most awarded building consultancy for the past 15+ years; it\u2019s a company called BuildingPro. And he joins me in the show.<br \/>\nAndrew, that\u2019s a long-winded way of saying welcome to a very esteemed guest. How are you?<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>Thank you, Kevin. I\u2019m feeling good, and a wonderful introduction. Happy to be here.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Good on you, mate. You and I have spoken on another show that I do about Inndox. I just want to ask you what it is and why you have started it. What\u2019s it about?<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>Inndox is an online platform. It\u2019s a website, and it gives property owners an easy way to manage their records and builders and developers a better way to hand over those records of a new build to an owner.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Let\u2019s talk about an owner or an investor to start with. What sort of documents do you see them putting in this program?<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>These are things like plans, warranties, manuals, specifications, certificates \u2013 all those documents associated with a house that are normally sitting in folders and filing cabinets or attached to e-mails.<br \/>\nWe think it\u2019s really inefficient to waste time looking for those, especially when you\u2019re trying to sell a property or you\u2019re managing a rental property. Sure, you have a property manager doing it, but when they send you e-mails with attachments of receipts and things, they\u2019re all over the place. You have some paper records, you have some attached to e-mails. We think it\u2019s time to put all those in one central place so that you can easily manage them and access then when you need to.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Many of the listeners to this show, of course, are either developers or investors, and they\u2019re regularly doing renovations and so on, putting new bits and pieces into a build. I guess that\u2019s where it would be very beneficial to have all of these warranties in one place. A very good timestamp as to what you\u2019re doing with your renovation, as well, Andrew.<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>Definitely, Kevin. Imagine the current practice \u2013 which is hard to believe, actually \u2013 that builders still will print off\u2026 They\u2019ll have electronic copies of things like plans and the specification, the schedule of finishes. Think about paint finishes and the color and type of brick used on a house, the tiles, and the carpet type. They provide all those schedules to the owner, which is very useful going forward when you need to replace and repair some of these things.<br \/>\nNow, currently, they print those off and give them in a box or a folder to the owner, who promptly files them away in a filing cabinet or cupboard, and they forget about them. And they certainly don\u2019t transfer them to the new owner. Or if they do, it\u2019s very rare that that would occur.<br \/>\nSo, now if it\u2019s put into the cloud, it gives a great way for that to be transferred. It\u2019s just easier to manage and maintain your property if you can quickly attach a floorplan to an e-mail and shoot it off to your architect because you want to do an extension. The first thing they\u2019re going to ask you is \u201cHave you got those existing plans?\u201d Or if you want to make a claim on your dishwasher breaking down, you can quickly look up the warranty details and make a claim.<br \/>\nThe Internet now is allowing a lot of things, Kevin. Things like Internet of Things mean all these warranties and manuals can be automatically kept up to date. So, no more reaching for old, outdated warranty manuals and things; it\u2019s all kept up-to-date on the Internet. It\u2019s just a handier way to do things.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Yes. For any property owner, the program is called Inndox, inndox.com. What\u2019s the cost of getting onto the site and putting the records in there, Andrew?<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>We\u2019ve kept it at $49 to make it affordable. That will cover it for at least ten years for people. For a period of ten years, they can put up to 2GB of data on there, which is a lot of files. Yes, that\u2019s the cost. It\u2019s the same cost for a builder, $49.<br \/>\nWe arrived at that figure because from our estimates, builders are spending well over $500 to put together a handover file. We thought if we made it ten times cheaper, that would be a good starting point.<br \/>\n<strong>Kevin:\u00a0\u00a0<\/strong>Okay. The website is Inndox.com. Andrew Mackie-Smith has been my guest.<br \/>\nAndrew, thanks for your time.<br \/>\n<strong>Andrew:\u00a0\u00a0<\/strong>Thanks, Kevin. A pleasure to talk to you as always, and all the best.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In September last year \u2013 a program called inndox was born and immediately started winning awards for its ability to help property owners and investors, builders and developers assemble and sort all the critical documents involved in developing and owning property. 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