Caterine Castillo, Neivor: Streamlining real estate administration in Latin America, Ep 153

<p><span style="font-weight: 400; font-size: 24pt;">Caterine Castillo, Neivor: Streamlining real estate administration in Latin America, Ep 153</span></p> <p> </p> <p><span style="font-weight: 400;">In Latin America, a building manager typically has to handle thousands of apartment units and tenants. This means simultaneously dealing with building maintenance, reconciling payments, and meeting tenant and landlord requests. Currently, this is done manually with pen and paper, maybe an Excel spreadsheet or through WhatsApp which leads to inefficiencies and unhappy residents. </span></p> <p> </p> <p><span style="font-weight: 400;">Caterine Castillo, Neivor’s co-founder and CEO, is trying to make living in Latin America’s apartment buildings and condos better. Neivor is a vertical SaaS platform that simplifies condo fee collections and streamlines management and communication between residents, property owners, and building managers. Neivor processes tens of millions of payments per month and help manage 3000+ apartment buildings in Mexico, Colombia, and Ecuador.</span></p> <p> </p> <p><span style="font-weight: 400;">I sat down with Caterine to talk about the pain points of property management in Latin America and the differences in Neivor’s reception between the Colombian and Mexican markets. We also talk about her experience in finance before becoming a founder and what it was like fundraising for the first time.</span></p> <h3><span style="font-weight: 400;">Growing Neivor’s team</span></h3> <p> </p> <p><span style="font-weight: 400;">One of the biggest lessons Caterine learned from working at corporations was managing large teams. These skills are extremely critical in Neivor’s roadmap with a team that is currently growing from 18 employees to 75 in under a year. Caterine also explained that hiring won’t solve a company’s problems immediately. It’s important to understand that people are managing a big learning curve when they join a new team. </span></p> <p> </p> <p><span style="font-weight: 400;">Listen to this