Our Mission
At SmartProperty, we believe that better data leads to better outcomes for community associations and clubs.
Our mission is to help community and club stakeholders achieve better results using data and analytics to protect, maintain, and enhance property values.
100+
Years of Experience
10+
Team Members
4,000+
Satisfied Associations & Clubs
In a world where everything is changing, community
associations and clubs need to look ahead and stay ahead.
In 2001, Damian Esparza, left the business technology industry to join the world of real estate, community association management, and capital reserve studies, running his family reserve study business, Berrara & Co.
After years of providing communities with traditional, static reserve studies, only to watch them struggle with maintaining a long-term plan, Damian became frustrated. The problem, he believed, was not with the customers but rather with the medium. A traditional reserve study, he realized, is inherently flawed, as the information in it becomes stale almost as soon as it is published.
Damian believed there was a better way. He founded SmartProperty on the principle that constant improvement based on customer input is the key to success.
This thinking led to the first-ever capital planning software platform designed specifically for community associations—a dynamic tool that is accessible to all community stakeholders and can be updated anytime, from anywhere. It transforms static, outdated information into a tool that helps communities manage their future with smarter decisions and greater confidence.
Damian J. Esparza is the Founder and CEO of SmartProperty
With over two decades of experience in the community association industry, a Boston College graduate, Damian is principal shareholder of Barrera & Company and worked at Banc of America Securities and SG Cowen. At SmartProperty, he pioneered the Living Reserve Study™ bringing the reserve study to life, and transforming static reserve studies into dynamic, real-time financial roadmaps for community associations.
His work focuses on transparency, control, and informed decision-making to optimize asset management. Featured in Forbes and other publications, Damian is dedicated to improving community association well-being and preventing failures like the Surfside Condo collapse. He is a proud husband and father to three boys.
Trusted by Industry Leaders
One in every five communities is projected to go cash-flow negative in the next 5 years.
For too long, community association trustees have been dropped into the deep end of a business model they are
wholly unprepared for. They’ve volunteered to run a multi-million dollar business, for free and with minimal training.
The very definition of a community association and the duty of every board member is to “provide a communal basis for preserving, maintaining, and enhancing homes and property.” But it isn’t obvious how to get from here to there.The usual recommendation is that the board commission a reserve study. But the static reserve study falls short. It is not enough on its own to complete the job to be done. The very definition of a community association and the duty of every board member is to “provide a communal basis for preserving, maintaining, and enhancing homes and property.” But it isn’t obvious how to get from here to there.
The usual recommendation is that the board commission a reserve study. But the static reserve study falls short. It is not enough on its own to complete the job to be done.
One in every five communities is projected to go cash-flow negative in the next 5 years.
In fact, based on our analysis of over 20,000 reserve studies, one in every five communities is projected to go cash-flow negative in the next 5 years, despite all of them having a reserve study!
It’s time to stop overburdening dedicated volunteers—the teachers, nurses, and mechanics with the responsibility of understanding Wall Street-level investment strategies. Today’s boards deserve a platform that will help them plan for their community’s future without needing a crystal ball or years of experience as a Fortune-500 CEO.
SmartProperty’s Living Reserve Study is that solution.
Our Values
Be Fast
Fail Fast. Succeed Faster.
We believe innovation comes from action. Others may sit around and talk about problems the industry is facing, but we take action to solve them. We listen to our customers and then work fast to implement solutions that will provide value.We acknowledge that we won’t get everything right the first time, but we will fail fast so we can succeed faster.
Be Flexible
Receptive to new ideas; Adaptive to change.
We believe that the only way to solve big problems is to be flexible enough to change when new insights are revealed.
As a modern, forward thinking company, we aim to be receptive to new ideas and able to pivot in response to the changing needs of the industry. In a world that keeps throwing curve balls, flexibility allows us to not just survive, but thrive.
Be Fun
Less Stress Leads to abetter life for all.
We believe the point of technology is to make people’s lives better, so they have more time to enjoy living. We want to ensure that homeowners can love where they live, stress less about the future, and just be happy.
When we make other people’s lives better, we feel good about our own lives, helping us find a balance in doing good and having fun.
Our Executive Team
Our team has over 35 years of domain experience in real estate and technology with a mission to help people manage their future with smarter decisions and greater confidence.
Today, over a half-million homes are covered by SmartProperty.
Living Reserve Studies
Repair and Replace Assets Tracked
Reserves Funding Capital Needs
Anticipated Capital Expenditures
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Careers at SmartProperty
SmartProperty is changing the world for homeowners associations and clubs by reimagining the way they plan for and safeguard their financial and asset future. We have dedicated everything we have to preventing another disaster like the Surfside condo collapse from happening again. We are looking for motivated people who want to make a difference and help protect the 27 million people in this country living in communities with aging infrastructure and clubs with aspirational goals.
How to Apply
Please email your resume and cover letter to us and we will reach out to you for the next steps.
hello@smartproperty.com
Get Involved,
Grow With Us.
Contribute to the success of the company by brainstorming, thinking outside of the box, and identifying opportunities for growth–your contribution will have a huge impact for our product and our customers. Our product is right on the cusp of tipping over into a larger market share. Joining now will give you ample growth opportunities, equity options, and the flexibility to tailor your role as we grow.
What works
for you, works for us.
While you are welcome to come into our office in San Diego, we have a remote-first culture, so you can literally work from anywhere.
But don’t worry about missing out if you’re not in the office! We have all the technology to support remote culture, and we hold bi-annual in-person meetups to brainstorm and build team relationships.
True Work-Life
Balance
We feel that a healthy work-life balance is critical to success. To maintain a healthy body, we cover your health and wellness. To maintain a balance, we offer unlimited vacation time and flexible working hours so you can reset, recharge and spend valuable time with your loved ones.
Hear what they say
Hear from leaders who have transformed their financial health with SmartProperty
Homeowner Education
"Now we have the tools to have a tangible anticipated replacement list that evolves so you would know projects coming up whereas before people were just using their own judgement. It's a great tool to educate the rest of the association about why a component is scheduled for replacement, which helps with teaching or convincing owners."
Ahead of the Curve
"SmartProperty is ahead of the curve in addressing what we believe will be a change in the market."
Saves Time
"SmartProperty is allowing me to conduct "what if" analysis on our Reserve study in real time, without the clumsy old process of submitting marked up reports and waiting for a response. I was able to evaluate all my proposed changes in a day, rather than a couple of weeks!"
Builds Confidence
"SmartProperty allowed us to look at the association's expenses and budget as a whole.With SmartProperty I was able to run scenarios myself, see all the component costs, and really pinpoint the best allocations for the community, In 20 years of working in the industry, I have never been more confident with what's in my reserve study."
Keep Everybody on the Same Page
"Before SmartProperty, the amount of time and communication it would take to complete a project was endless. Now, with SmartProperty, I can give access to my vendors or contractors to update components in real-time when applicable. With the ability to upload photos or files of work orders or service requests, I can keep track of all the moving parts within my project at the touch of a button whenever I need to."
Stay on Track
"Staying on top of projects in spreadsheets used to be overwhelming. Not anymore. I love usingSmartProperty's project tracking tool because it helps track invoices and payments and matches them to the reserves. It makes sure the contract is being followed and the budget stays on track."
Ready to get started
Simplify operations, boost engagement, and manage smarter with SmartProperty.