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How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

Flowers and Associates LLC. Saturday, November 17th, 2018 Comments Off on How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

Lisa Wise and Nest DC earn over $3 million a year in revenue, but they still work like they’re in a start-up phase.

Why? Because growth mode requires inspiration and excitement.

As part of the How I Did It series, Alex interviews Lisa on this week’s edition of The Property Management Show.

What Has Lisa Learned in the Last 10 Years?

If you’re not making mistakes, you’re not experimenting enough. Alex and Lisa discuss a few of the things that can easily trip up a company in the early stages of growth. Things like:
* Trying to piece together systems like insurance and legal protections when you really need to just invest in expertise from the get-go.
* Complementary Business Units (CBUs) are great if they’re not only designed to make money. They should be… Continue Reading How I Did It: Lisa Wise Discusses the Growth and Expansion of Nest DC

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All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

Flowers and Associates LLC. Sunday, November 11th, 2018 Comments Off on All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

Mike Catalano thinks acquiring property management companies is fun. That’s probably why he’s so good at it.

But, why would anyone want to buy a property management company?

For growth, of course.

On this week’s episode of The Property Management Show, Mike and Steve Rozenberg join Alex to discuss how to acquire and integrate a property management company.

It Grows Both Ways

You don’t have to do it one way or another. You can pursue steady growth through organic channels. Your marketing and advertising may bring in 100 or 200 leads a month – that’s fantastic. It doesn’t mean you can’t start thinking about acquiring companies, too. It provi… Continue Reading All about Acquisitions: Michael Catalano and Steve Rozenberg Discuss Evaluation and Integration

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What Does Fiscally Responsible Growth Look Like? Twelve Markets and 4,000 Properties in 2.5 Years

Flowers and Associates LLC. Saturday, October 13th, 2018 Comments Off on What Does Fiscally Responsible Growth Look Like? Twelve Markets and 4,000 Properties in 2.5 Years

What Does Fiscally Responsible Growth Look Like? Twelve Markets and 4,000 Properties in 2.5 Years – How Benton Cotter Did It

What would you do with the revenue from 4,000 extra doors in the next two years?

If you’ve been listening to The Property Management Show for any amount of time, you know by now that there are several ways to grow a property management business. On this week’s episode, Alex talks to Benton Cotter of RentVest about yet another way to quickly grow your business.

He calls it fiscally responsible growth, and you’ll want to know what that means.

Low Overhead but Plenty of Breathing Room

Benton’s growth strategy is a little different, and includes some interesting elements such as:

Hiring entrepreneurs instead of Business Development … Continue Reading What Does Fiscally Responsible Growth Look Like? Twelve Markets and 4,000 Properties in 2.5 Years

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How to Structure your Business to Grow without Growing Pains

Flowers and Associates LLC. Thursday, August 23rd, 2018 Comments Off on How to Structure your Business to Grow without Growing Pains

Are you clinging to systems that may be hindering the growth of your property management company?

Property management legend Robert Locke joins Alex on this week’s Property Management Show to discuss some pretty big ideas for growth. He also shares a formula that will help your company grow to the next level.

A Lesson in Capitalization

Are you an agent or an Agent?

You’ll learn the difference between a little-a agent and a Big-A Agent on this podcast, and it will make a critical difference to your ability to scale and grow.

You’ll learn that you need to let go of getting permission from and collaborating with your owners.

Yikes!

If you are calling for approval to make every $50 repair, it may feel scary to change your process. But, it’s a requirement for growth. Rober… Continue Reading How to Structure your Business to Grow without Growing Pains

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Top-Line Growth and Profit in Your Property Management Business

Flowers and Associates LLC. Monday, August 20th, 2018 Comments Off on Top-Line Growth and Profit in Your Property Management Business

Top-Line Growth and Profit in Your Property Management Business: How to Navigate the Black Holes

This week’s podcast over at The Property Management Show is going to give you something to think about, especially if you’re teetering on the edge of a black hole.

What black hole? We’ll get to that.

First, you’ll join Alex, who talks to Jordan Muela and Danny Craig about whether or not top-line growth is just as important to property management companies as profit.

If Everyone’s Saying It…it Must be True?

They start by discussing some of the commonly held principles among business owners:

Your business will suffocate without profit.
Growth solves all problems.
You should staff for growth.

These things may be true or they may not be. They may be true when the stars align o… Continue Reading Top-Line Growth and Profit in Your Property Management Business

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Achieving Growth with Old Fashioned Service

Flowers and Associates LLC. Friday, August 17th, 2018 Comments Off on Achieving Growth with Old Fashioned Service

Achieving growth with old fashioned service: A female entrepreneurs guide to navigating the property management industry

As a property management entrepreneur, are you getting the right advice?

The success of your property management company often depends on the experts you seek.

Melissa Prandi has owned her own property management company for over 30 years, and she’s doing some of the same things she has been doing since day one because it works.

In this week’s Fourandhalf podcast, Alex will tell you to take Melissa’s advice, and once you listen to what they talk about, you’ll know why. Here’s a preview of coming attractions.

Education is Part of Your Hustle

When she was starting out, Melissa took the same class more than once because of what she learned from the ot… Continue Reading Achieving Growth with Old Fashioned Service

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