Tag Archive : your

What Property Managers Can Learn about Automation from Propertyware’s Inaas Arabi

This week’s Property Management Show podcast features John and Alex talking with Inaas Arabi about automation and how it will lead the property management industry into the future.

That’s right, John. So intriguing is this episode it brought John out of the John cave.

And, for good reason. Inaas has turned small businesses into large companies, and he has a lot of great insight on how you can grow your property management company.

The Path to Growth

According to Inaas, growing a property management business happens like this:

You add units.
You increase the revenue you bring in from existing units.
You cut expenses through customization and automation.

Imagine each of your property managers having 1,000 units in their portfolio.

Gasp. Sounds impossible, but Inaas has… Continue Reading What Property Managers Can Learn about Automation from Propertyware’s Inaas Arabi

The 40-Hour Work Year: Are You Working Too Much in Your Property Management Business?

Scott Fritz started, ran, and sold a company worth $170 million.

He was able to do that by training the business to run without him. So, when he joined Alex on this week’s Property Management Show, he had some questions for listeners like you:

Are you busy or are you productive?
Are you an entrepreneur or a business owner?
Are you doing things you could pay others to do (for less money)?

Make Your Business More Valuable

When your company can run on its own without you, it will be more valuable to potential buyers down the road. They won’t have to replace you or your salary, and they’ll know they’re buying more than a bunch of doors. They’re buying a brilliant business. That’s more valuable than a company that still needs its owner.

Growing, Str… Continue Reading The 40-Hour Work Year: Are You Working Too Much in Your Property Management Business?

Doug’s Property Management Startup Raises $35 6 Million, do you Mynd?

How would you put $35.6 million to use in your property management business? Would you invest in new technology, new systems, and cutting edge marketing?

The Property Management Show this week is all about innovation and a new way of doing business.

Alex talks to Doug Brien, a former NFL kicker with the San Francisco 49ers and a property management entrepreneur. He was the co-founder of the immensely successful Waypoint Homes, and he’s now heading up Mynd.co, a property management company that has raised $35.6 million from venture capitalists.

Mynd Your Business

The philosophy behind what Doug and his team at Mynd are doing is simple: they want to make real estate investing easier for everyone.

They’re working to close the performance gaps they currently see in the in… Continue Reading Doug’s Property Management Startup Raises $35 6 Million, do you Mynd?

Preparing Your PM Business for an Additional Location: How to Grow without Acquisition

Are you ready to expand your property management company into a new location? It’s great for growth, but if you’re not already known in that new market, how do you generate business without acquiring a local company?

This week on The Property Management Show, Alex talks to Jason Rose, who shares everything he knows about opening a property management company in a new location.

(By the way, if you’re still not sold on the value of Business Development Managers (BDMs) in property management, you should know that Jason’s company grew by 945 doors in one year thanks to the work of six BDMs.)

People and Processes in New Locations

Don’t even think about opening a new office without the right people and processes in place.

Jason and Alex talk about the importa… Continue Reading Preparing Your PM Business for an Additional Location: How to Grow without Acquisition

How EOS Can Fuel Growing Property Management Companies

Are you a visionary or an integrator? And, do you understand the importance of each role in the growth of your property management company?

On this week’s podcast, Alex talks to Andy Moore, the CEO of Gulf Coast Management and an EOS implementer. EOS stands for Entrepreneur Operating System. They break down how this new way of organizing your team can help you better manage and prepare for growth.

Growing Pains are Common for Property Management Companies

It’s not an unfamiliar story.

All of the systems and processes that worked for you at 150 doors suddenly fall apart when you’re managing 500 doors. You can either throw money and people at the problems, or you can shift your way of working and implement real strategies for accountability and processes.

You’… Continue Reading How EOS Can Fuel Growing Property Management Companies

Taking Owners from Fear to Trust: Controlling the Whole Customer Experience

What is your strategy for reaching the 70 percent of owners who self-manage and won’t hire a professional property manager?

Are you leveraging the relationships you have with your current clients?

These are the questions Scott Brady, owner of Progressive Property Management, discusses with Alex on this week’s podcast.

Targeting Your Property Management Market

If you want to reach self-managing landlords, you need to give them a reason NOT to think you are:

* Untrustworthy
* Overpriced
* A generally unpleasant person

Be transparent. Surprise them with customer service. Offer value.

Scott and Alex discuss the current reputation that property managers are fighting, and how we can shift that individually and collectively.

Controlling the Customer Experience

Why send y… Continue Reading Taking Owners from Fear to Trust: Controlling the Whole Customer Experience

Property Management Acquisitions, Growth and Marketing: The Renters Warehouse Strategy

How can you increase your lifetime customer value and maximize the marketing dollars you spend to attract those customers?

Kevin Ortner, CEO of the largest single-family focused property management company in the U.S., has some ideas. In fact, he’s found a way to continue managing the properties that he convinces his owners to sell.

You won’t want to miss the first podcast of 2019.

Renters Warehouse + Own America = Better Business and Better Service

Renters Warehouse acquired Own America, a company that allows owners of single-family rental properties to sell those properties with tenants in place through an online marketplace to new investors. What’s in it for Renters Warehouse and their customers? Well, a lot.

Buyers can shop in new markets and acquire an invest… Continue Reading Property Management Acquisitions, Growth and Marketing: The Renters Warehouse Strategy

How Remote Can You Go? Running a Virtual Property Management Business Without Sacrificing Service

How Remote Can You Go? Running a Virtual Property Management Business Without Sacrificing Service

Have you ever thought about ditching the office?

In this week’s episode of The Property Management Show, Alex answers a question from one of his listeners: Is it possible to run a property management company virtually?

Alex’s guests are Neal Pulanco and Mike Sargent from HomeQwik and yesVIRTUAL, and they say it’s not only possible – it’s better.

Do You Really Need an Office?

You may be spending money on office space that you don’t actually need. After all, you’re probably meeting owners and investors at the properties they own, not in your office. How many tenants actually sit at your desk to talk about the application or move-in process?

When… Continue Reading How Remote Can You Go? Running a Virtual Property Management Business Without Sacrificing Service

The Next Big Thing in Property Management Innovation: Talking Data and A.I. with Home365

Are you thinking about what data and artificial intelligence can do to make your property management company more efficient and cost-effective? When it comes to maintenance, there are some new and interesting things to think about.

On this episode of The Property Management Show, Alex talks about maintenance delivery with Daniel Shaked, the founder of Home365.

The Home365 Model: New Best Friend?

Home365 uses technology to deliver end-to-end maintenance services to homeowners, and you may be thinking hold your horses, we’re property managers and we have maintenance handled just fine, thank you very much.

But wait, there’s more.

Alex challenges Daniel on what his company can do that property managers can’t do and you may be surprised that this can help your busines… Continue Reading The Next Big Thing in Property Management Innovation: Talking Data and A.I. with Home365

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

https://www.googletagmanager.com/gtag/js?id=AW-860676620 https://www.googletagmanager.com/gtag/js?id=GA_TRACKING_ID