Tag Archive : they

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?

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

How I Did It Kristin and Shawn Johnson Discuss the Successes and Failures of Independence Capital Pr

Kristin and Shawn Johnson, the owners of Independence Capital Property Management, dropped from 615 to 500 doors on purpose.

Why?

Because they realized that not all business is good business. And, it worked. While trimming those doors, their revenues increased by 12 percent.

Alex talks to them about how they did it in this week’s edition of The Property Management Show.

Building a Business: Getting to 100 Units

You’ll learn that while you’re waiting for the phone to ring, you should be doing a few important things:

Investing in property management software.
Developing systems to management property.
Joining and networking through NARPM and similar associations.

Mistakes Were Meant to be Made

Alex talks to Kristin and Shawn about some of the mistakes they made a… Continue Reading How I Did It Kristin and Shawn Johnson Discuss the Successes and Failures of Independence Capital Pr

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

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?

How Owner Education Events Will Grow Your Portfolio

Are you making your property management clients feel special? Do you give them a reason to brag about you?

People like to be part of the club. They especially like to be part of the A-list. You can give them what they want by inviting them to a members-only type of event that educates them on real estate investing and property management.

On this week’s Property Management Show podcast, Alex talks to Steve Rozenberg about a unique thing he’s doing: an Owner Education Series.

Steve and his team at Empire Industries have begun putting together educational events for their preeminent clients. These events serve a number of purposes, and they can lead you towards more business.

Try it, and you can add value to existing relationships and provide an opening for additional bus… Continue Reading How Owner Education Events Will Grow Your Portfolio

What We Can Learn from the Failure of Castle Property Management

How would you grow your property management business with a $3 million investment, and what can we learn from the sudden and surprising failure of Castle Property Management?

These two questions may not sound like they logically go together. But they do, as you’ll learn in this week’s Property Management Show podcast.

You’ll also learn about the warm fuzzies.

Storming the Castle

If you haven’t been following the latest news, Castle Property Management was a VC-backed, technology-first property management company in the Detroit area that endeavored to innovate the property management industry by providing on-demand services through an automated platform.
Sounds like a great idea, so why did they crash and burn car-over-cliff style?

Deconstructing Failure

High Chancellor an… Continue Reading What We Can Learn from the Failure of Castle Property Management

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