Stop Wasting Money on Overpriced Building Technology

The multifamily industry is all about maximizing value but too often, building owners are losing money to overpriced service contracts that don’t justify their cost.

Recently, I spoke with an owner of an 11-unit apartment building who had signed a contract for intercom and security services. The monthly recurring fee? $250 per month. For a smaller building, that cost cuts deep into cash flow—and the worst part? There are far better solutions out there.

The Problem with Traditional Security & Intercom Systems

Many companies charge high monthly fees simply to "manage" intercoms, cameras, and security systems. But let’s be honest these systems should be built to function independently, without constant, costly oversight. The reality is:

?? Aging technology = high service fees ?? Unnecessary monthly charges eat into NOI ?? Limited functionality & outdated interfaces

In a world where smart home technology is advancing rapidly, it makes no sense to pay premium prices for yesterday’s tech.

A Smarter, More Cost-Effective Approach with Wifiplex

At Wifiplex, we believe building owners should have full control over their security and intercom systems without excessive fees.

Imagine a system that provides:

? Built-in licensing—No surprise fees or ongoing charges for basic functionality ? Advanced security features—Face recognition, dual cameras, and remote access control ? Seamless integration—Connects to mobile apps, IP phones, and building automation systems ? One-time investment, long-term savings—Instead of endless service fees

By investing in modern, cloud-connected intercom and security systems, Wifiplex helps building owners eliminate unnecessary costs while improving resident security and convenience.

Why This Matters for Multifamily Owners & Operators

When you're managing multifamily properties, every dollar counts. Paying $250 per month for aging technology adds up fast—that’s $3,000 per year per building that could be reinvested into better solutions or used to increase NOI.

The right technology should be an asset, not a liability. Instead of overpaying for maintenance-heavy systems, it’s time to switch to solutions that are built for long-term efficiency and cost savings.

Take Control of Your Building’s Tech—And Your Profits

At Wifiplex, we provide a cost-effective, modern solution designed for multifamily buildings. The key is choosing the right partner—one that prioritizes:

? Affordable, high-quality installation ? No excessive recurring fees ? A future-proofed system that grows with your building

?? Stop overpaying for outdated service contracts. ?? Upgrade to a smarter, more profitable solution today. ?? Visit www.wifiplex.ca to learn more or book a free consultation.