Are you looking to maximize your content marketing strategy and leverage the power of podcasts? Look no further! Brad is joined by Matt Tompkins of Two Brothers Creative to uncover the secrets behind successful content marketing and explain how podcasts can be powerful tools for building an audience. Tune in now to unlock all the tips and advice you need to get ahead in content marketing!   Click here for a free strategy call with Matt!   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Are you looking to maximize your content marketing strategy and leverage the power of podcasts? Look no further! Brad is joined by Matt Tompkins of Two Brothers Creative to uncover the secrets behind successful content marketing and explain how podcasts can be powerful tools for building an audience. Tune in now to unlock all the tips and advice you need to get ahead in content marketing! <a href="https://twobrotherscreative.com/video-podcast-services/" rel="nofollow" target="_blank">Click here for a free strategy call with Matt!</a> Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Take Your Marketing To The Next Level

Struggling with churn in your property management business? In this episode, we'll show you how to take control of churn in your property management business. Learn practical strategies and tips on how to identify problems, develop solutions, and successfully reduce churn rates. Get ahead of the competition and start controlling churn now!   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Struggling with churn in your property management business? In this episode, we'll show you how to take control of churn in your property management business. Learn practical strategies and tips on how to identify problems, develop solutions, and successfully reduce churn rates. Get ahead of the competition and start controlling churn now! Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Taking Control of Churn in Property Management

Deb Newell

Have you been wondering how to preserve your legacy for generations to come? Do you want to ensure that the values, life lessons, and experiences you've been working hard for are passed down and used as a guiding light in the future? In this episode, Brad is joined by Deb Newell, and they'll discuss various tips on how to protect and manage your wealth along with strategies that will help ensure that your values are kept alive long after you're gone.     Click here to sign up with Deb right away!   To connect with Deb directly send her an email: dnewell@realtimeconsultingservices.com   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Have you been wondering how to preserve your legacy for generations to come? Do you want to ensure that the values, life lessons, and experiences you've been working hard for are passed down and used as a guiding light in the future? In this episode, Brad is joined by Deb Newell, and they'll discuss various tips on how to protect and manage your wealth along with strategies that will help ensure that your values are kept alive long after you're gone.  <a href="https://app.hubspot.com/payments/purchase/hscs_7M6w49Za0eI3xVy6WDNaWdaUttB1Pzpl8sYDG52mE5Xak2xtWd0OTTOewErlYLGz" rel="nofollow" target="_blank"> Click here to sign up with Deb right away!</a> To connect with Deb directly send her an email: dnewell@realtimeconsultingservices.com Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Next in Line: Legacy Planning with Deb Newell

Are you ready to take your business to the next level? Join Jeff Cohn, of Elite Real Estate Systems, and Brad at this year's Team Building Summit 2023. Get the latest insights and strategies on how to build a cohesive team that excels. Learn what it takes to create new pillars of opportunity and boost your business' potential. Unlock the keys to success by attending this important event!   Tickets to the event can be found at Team Building Summit.   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Are you ready to take your business to the next level? Join Jeff Cohn, of Elite Real Estate Systems, and Brad at this year's Team Building Summit 2023. Get the latest insights and strategies on how to build a cohesive team that excels. Learn what it takes to create new pillars of opportunity and boost your business' potential. Unlock the keys to success by attending this important event! Tickets to the event can be found at <a href="https://www.theteambuildingsummit.com/" rel="nofollow" target="_blank">Team Building Summit</a>. Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Team Building Summit 2023

Are you looking to take your business to the next level? Ready to unlock the value of your hard work and prepare your business to sell, but never actually sell it? Learn how to strategically build, manage, and position your business for maximum return on investment in this step-by-step guide to Build To Sell, But Never Sell. Brad Larsen takes the stage at PMMCON 2023 and talks about key strategies to elevate your business to a level that be prepared to sell now or decide later.   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Are you looking to take your business to the next level? Ready to unlock the value of your hard work and prepare your business to sell, but never actually sell it? Learn how to strategically build, manage, and position your business for maximum return on investment in this step-by-step guide to Build To Sell, But Never Sell. Brad Larsen takes the stage at PMMCON 2023 and talks about key strategies to elevate your business to a level that be prepared to sell now or decide later. Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Build To Sell, But Never Sell

Are you hiring for your organization and want to make sure you have qualified candidates? Don't miss this important video about why background screening is a vital step in the hiring process. Hank Balevic is a former FBI Agent and started FIdelity Data Service to make sure companies are doing background checks the right way. So many criminals can fall through the cracks and hiring the wrong person can be dangerous. Find out all the must-know information about background screening and how it can help your business succeed.    See how Fidelity Data Service can help you hire the right person.   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Are you hiring for your organization and want to make sure you have qualified candidates? Don't miss this important video about why background screening is a vital step in the hiring process. Hank Balevic is a former FBI Agent and started FIdelity Data Service to make sure companies are doing background checks the right way. So many criminals can fall through the cracks and hiring the wrong person can be dangerous. Find out all the must-know information about background screening and how it can help your business succeed.  See how <a href="https://www.fidelitydataservice.com/index.html" rel="nofollow" target="_blank">Fidelity Data Service</a> can help you hire the right person. Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Hiring Process: Why Background Screening is VITAL

Are you tired of the hassles that come with leasing your property? Let Sunroom Leasing provide the perfect solution for all your leasing needs in one convenient location. In this episode, Cody Frank joins Brad to explain how Sunroom Leasing streamlines the process, taking you effortlessly from listing to move-in.   See how Sunroom Leasing can help you with a free demo!   Connect with Brad's team at www.rentwerx.com!   This podcast is produced by Two Brothers Creative 2023.

Are you tired of the hassles that come with leasing your property? Let Sunroom Leasing provide the perfect solution for all your leasing needs in one convenient location. In this episode, Cody Frank joins Brad to explain how Sunroom Leasing streamlines the process, taking you effortlessly from listing to move-in. <a href="https://www.sunroomleasing.com/full-service-leasing#demo-footer" rel="nofollow" target="_blank">See how Sunroom Leasing can help you with a free demo!</a> Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>! This podcast is produced by <a href="https://twobrotherscreative.com/contact/" rel="nofollow" target="_blank">Two Brothers Creative</a> 2023.

Leasing Your Property Made Easy

Are you looking for a more efficient way to manage your property? If so, you may want to consider using artificial intelligence. AI can help you automate many tasks, such as tenant screening and rent collection. In this episode to learn more about the benefits of using AI for property management.    Matt Speer, Founder and CEO at Property Management Advisory joins Brad live at PMMCON 2023 to talk about how his company is using AI to help property owners and managers. He shares his insights on the current state of AI in the industry, as well as how he sees it changing over time. Tune in to find out if this could be the answer you’ve been looking for! Visit Property Management Advisory to see how they can help you achieve your goals and use AI to make your life easier.

Are you looking for a more efficient way to manage your property? If so, you may want to consider using artificial intelligence. AI can help you automate many tasks, such as tenant screening and rent collection. In this episode to learn more about the benefits of using AI for property management.  Matt Speer, Founder and CEO at Property Management Advisory joins Brad live at PMMCON 2023 to talk about how his company is using AI to help property owners and managers. He shares his insights on the current state of AI in the industry, as well as how he sees it changing over time. Tune in to find out if this could be the answer you’ve been looking for! Visit <a href="https://www.propertymanagement.page/" rel="nofollow" target="_blank">Property Management Advisory</a> to see how they can help you achieve your goals and use AI to make your life easier.

The Benefits of Using AI for Property Management

Landlords are often painted as the big, bad wolf, but how broad of a brush are we using in this analogy? With the Biden Administration’s proposed Renter’s Bill of Rights, landlords are finding themselves at the short end of the stick, which many believe will actually end up hurting tenants in the long run. This episode features Brian Phelt, owner at ForeFront Property Management, as he and Brad break down the proposed legislation, what it means for tenants and landlords, and what should really happen if we’re serious about improving renter/landlord relationships.   Link up with Brian. Connect with Brad's team at www.rentwerx.com!

Landlords are often painted as the big, bad wolf, but how broad of a brush are we using in this analogy? With the Biden Administration’s proposed Renter’s Bill of Rights, landlords are finding themselves at the short end of the stick, which many believe will actually end up hurting tenants in the long run. This episode features Brian Phelt, owner at ForeFront Property Management, as he and Brad break down the proposed legislation, what it means for tenants and landlords, and what should really happen if we’re serious about improving renter/landlord relationships. Link up with <a href="https://www.linkedin.com/in/brian-phelt-4134b1b/" rel="nofollow" target="_blank">Brian</a>. Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>!

Why Landlords Need a Seat at the Table

Don’t have a lot of capital, but want to invest in properties? Or lessen the risks in your portfolio? There are plenty of opportunities in multi-family syndications that create great returns on your investment while lowering the risk of being the sole owner of a property. Reed Goossens has had plenty of success with the multi-family syndication business models. He talks with Brad about what you can do to find success with these multi-family syndications.    Learn more about Reed!   Connect with Brad's team at www.rentwerx.com!

Don’t have a lot of capital, but want to invest in properties? Or lessen the risks in your portfolio? There are plenty of opportunities in multi-family syndications that create great returns on your investment while lowering the risk of being the sole owner of a property. Reed Goossens has had plenty of success with the multi-family syndication business models. He talks with Brad about what you can do to find success with these multi-family syndications.  Learn more about <a href="http://reedgoossens.com/" rel="nofollow" target="_blank">Reed</a>!  Connect with Brad's team at <a href="http://www.rentwerx.com" rel="nofollow" target="_blank">www.rentwerx.com</a>!

Opportunities in Multi-Family Syndications

The Property Management Mastermind Show and Property Management Productions was formed to provide information and products BY Property Managers FOR Property Managers looking to grow and run their business.  The podcast show is an interview discussion conducted by Brad Larsen – a Property Manager in San Antonio, TX.  In this Podcast show, Brad will interview some of the biggest and brightest stars in the Property Management industry to include National Association of Residential Property Management (NARPM) members, Leading Property Managers of Australia (LPMA) members, and key vendors in the property management industry with the goal of being able to gain insight for best practices, new trends, and exciting information to help you grow and run your business more successfully.

Brad, host of the Property Management Mastermind podcast, highlights all aspects of real estate, investing and more in this can’t miss podcast!  The host and expert guests offer insightful advice and information that is helpful to anyone that listens!

Awesome Podcast!!!!

Each episode so far has been packed with a ton of great information and very relevant guest. Looking forward to many more episodes. Keep up the great work Brad!

Mastermind!

The Property Management Mastermind Show and Property Management Productions was formed to provide information and products BY Property Managers FOR Property Managers looking to grow and run their business. The podcast show is an interview discussion conducted by Brad Larsen – a Property Manager in San Antonio, TX. In this Podcast show, Brad will interview some of the biggest and brightest stars in the Property Management industry to include National Association of Residential Property Management (NARPM) members, Leading Property Managers of Australia (LPMA) members, and key vendors in the property management industry with the goal of being able to gain insight for best practices, new trends, and exciting information to help you grow and run your business more successfully.

The Property Management Mastermind Show

Scott Brady

Welcome to the show! Today’s guest is Scott Brady and they will be talking about the top 10 mistakes that could have been or may have been made by property managers. Scott goes through each of these items and gives some great dialogue on how not to make those same mistakes, there are some really great nuggets of information here that you don’t want to miss. Scott is going to be a facilitator and instructor at the Property Management Mastermind Conference in March 2020. He will be starting the conference with his SWOT analysis instruction piece, strengths, weaknesses, opportunities and threats. Scott has taught this at the collegiate level and will be able to teach it at the conference level, this is all on the first day of the conference so make sure to purchase your ticket as soon as possible. Scott has a property management company in Southern California and has been in the industry since 2012, and manages 1200 doors. He says he is a student of this industry it fascinates him, both the opportunities and weaknesses, he teaches the top 10 mistakes because he has made these mistakes. Listen in to this conversation and see if there are some mistakes you can relate to or if you can learn from others who have made them.   Show Notes [02:53] Brad introduces Scott Brady. [03:33] Scott tells us about himself and what he will be teaching at the conference. [05:30] There will be 2 hours of mastermind sessions the first day of the conference. [05:55] Here are the top 10 mistakes and how not to make them, in no particular order. [06:32] Don’t pick a price, pick a strategy, they charge a flat fee and a percent of rent collected. [12:24] Don’t take just any client that comes in the door, are they your perfect customer? [18:00] If you don’t solve your owner pain points you don’t have value with the relationship, it's the right thing to do. [24:33] Not taking advantage of the local real estate community, get the local agents to refer their clients to you. [27:10] Brad talks about the  Business Development Mastermind Seminar in Atlanta in January 2020 that Property Management Mastermind is putting on and Scott is speaking. [30:18] You have to be completely transparent in this industry, make sure your website has updated information, contract and pricing. [35:28] Direct mail with transparency is very valuable but you must manage your expectations. [38:39] Taking no risk in a mistake, you must take risks to get ahead, you won’t always get it right but you must take risks. [43:31] Get out of the business and work on the business, you will be able to look more strategically at your business. [47:15] Don’t help other people get rich without getting rich yourself, sell every property that you manage, buy one property per year at least create assets, that is what will make you rich. [51:55] Improve your business, go to conferences, syndicate or implement programs. Invest in your business with your time by learning what your strengths and weaknesses are. [54:15] Brad tells us about implementation day at the conference, he wants people to come out of the conference with a call to action list. [55:20] Scott says that he wants everyone to look at their businesses differently, make changes now to see big differences in the future.   Links and Resources: Property Management Mastermind Property Management Mastermind Group on Facebook adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) Seacoast Commerce Bank Insurance Management Group (918) 728 8992 (Derek Scott with Insurance Management Group) zInspector FilterEasy Property Meld Richard Drake  NARPM Southern States Conference National Apartment Association  NARPM Accounting Standards Kevin on LinkedIn   For the Property Management Mastermind Conference information https://pmmcon.com/   For the Business Development Mastermind Seminar  https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385 Bizdevmastermind.com

Welcome to the show! Today’s guest is Scott Brady and they will be talking about the top 10 mistakes that could have been or may have been made by property managers. Scott goes through each of these items and gives some great dialogue on how not to make those same mistakes, there are some really great nuggets of information here that you don’t want to miss. Scott is going to be a facilitator and instructor at the Property Management Mastermind Conference in March 2020. He will be starting the conference with his SWOT analysis instruction piece, strengths, weaknesses, opportunities and threats. Scott has taught this at the collegiate level and will be able to teach it at the conference level, this is all on the first day of the conference so make sure to purchase your ticket as soon as possible. Scott has a property management company in Southern California and has been in the industry since 2012, and manages 1200 doors. He says he is a student of this industry it fascinates him, both the opportunities and weaknesses, he teaches the top 10 mistakes because he has made these mistakes. Listen in to this conversation and see if there are some mistakes you can relate to or if you can learn from others who have made them. Show Notes [02:53] Brad introduces Scott Brady. [03:33] Scott tells us about himself and what he will be teaching at the conference. [05:30] There will be 2 hours of mastermind sessions the first day of the conference. [05:55] Here are the top 10 mistakes and how not to make them, in no particular order. [06:32] Don’t pick a price, pick a strategy, they charge a flat fee and a percent of rent collected. [12:24] Don’t take just any client that comes in the door, are they your perfect customer? [18:00] If you don’t solve your owner pain points you don’t have value with the relationship, it's the right thing to do. [24:33] Not taking advantage of the local real estate community, get the local agents to refer their clients to you. [27:10] Brad talks about the <a href="https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385" rel="nofollow" target="_blank"> Business Development Mastermind Seminar</a> in Atlanta in January 2020 that <a href="https://pmmcon.com/" rel="nofollow" target="_blank">Property Management Mastermind</a> is putting on and Scott is speaking. [30:18] You have to be completely transparent in this industry, make sure your website has updated information, contract and pricing. [35:28] Direct mail with transparency is very valuable but you must manage your expectations. [38:39] Taking no risk in a mistake, you must take risks to get ahead, you won’t always get it right but you must take risks. [43:31] Get out of the business and work on the business, you will be able to look more strategically at your business. [47:15] Don’t help other people get rich without getting rich yourself, sell every property that you manage, buy one property per year at least create assets, that is what will make you rich. [51:55] Improve your business, go to conferences, syndicate or implement programs. Invest in your business with your time by learning what your strengths and weaknesses are. [54:15] Brad tells us about implementation day at the conference, he wants people to come out of the conference with a call to action list. [55:20] Scott says that he wants everyone to look at their businesses differently, make changes now to see big differences in the future. Links and Resources: <a href="https://www.propertymanagementmastermind.com/" rel="nofollow" target="_blank">Property Management Mastermind</a> <a href="https://www.facebook.com/groups/PMMastermindGroup/" rel="nofollow" target="_blank">Property Management Mastermind Group on Facebook</a> adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) <a href="https://sccombank.com/" rel="nofollow" target="_blank">Seacoast Commerce Bank</a> <a href="http://imgadvisors.com/" rel="nofollow" target="_blank">Insurance Management Group</a> (918) 728 8992 (Derek Scott with Insurance Management Group) <a href="https://www.zinspector.com/" rel="nofollow" target="_blank">zInspector</a> <a href="https://www.filtereasy.com/" rel="nofollow" target="_blank">FilterEasy</a> <a href="https://www.propertymeld.com/" rel="nofollow" target="_blank">Property Meld</a> <a href="https://www.linkedin.com/in/richard-drake-6912139a/" rel="nofollow" target="_blank">Richard Drake</a> <a href="https://www.narpm.org/conferences/state-conferences/southern-states-conference/" rel="nofollow" target="_blank"> NARPM Southern States Conference</a> <a href="https://www.naahq.org/" rel="nofollow" target="_blank">National Apartment Association</a> <a href="https://www.narpm.org/education/narpm-accounting-standards/" rel="nofollow" target="_blank"> NARPM Accounting Standards</a> <a href="https://www.linkedin.com/in/kevinmortner" rel="nofollow" target="_blank">Kevin on LinkedIn</a> For the Property Management Mastermind Conference information <a href="https://pmmcon.com/" rel="nofollow" target="_blank">https://pmmcon.com/</a> For the Business Development Mastermind Seminar <a href="https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385" rel="nofollow" target="_blank"> https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385</a> <a href="https://bizdevmastermind.com/" rel="nofollow" target="_blank">Bizdevmastermind.com</a>

Scott Brady on the Top 10 Mistakes Made by Property Managers

Mike Schraepfer

Brad is excited to have Mike Schraepfer on this episode of Property Management Mastermind. Mike is the President of Heirloom Property Management in Duluth, MN. He enjoys sharing his experience to help new investors find properties, solve financing, and work through renovations.    Mike started his career as an investor eighteen years ago and built up a portfolio of 126 single-family homes and duplexes. He renovated the properties to lease, and his property management career began. Six years ago, he began managing properties for other individuals, but he is still his biggest client.   He manages properties that he owns, which makes him the property manager everyone wants to be. His business of management is running his assets, which puts him in the top tier, probably the top 1% of property managers in the country. His company doesn’t have a 401K for its employees. He decided to go a different way and teach them how to invest and manage properties, and as of right now, his staff owns about 25 units.   Mike is one of the speakers at the Property Management Mastermind Conference in March 2020. Listen as he reveals the topic of his presentation and a sneak peek of some of his key talking points. He will discuss how your company can benefit from bringing your maintenance in house and the best software to bring it all together and so much more.   Have you purchased your tickets yet? Don’t hesitate; Mike is just one of the many high-level speakers that will be at the event. Listen in for a small taste of what you can expect when a group of elite property managers get together in one place. If you already have your tickets, great! If not visit the PMMCon.com and get them now before they are sold out, this is one conference you won’t want to miss.   Show Notes   [02:22] Mike, welcome to the show! [03:08] Mike talks to us about how he got into property management. [04:08] He speaks about his alternative way of helping his staff save for retirement. [05:57] Mike discusses the mastermind group he formed with five other people. [07:42] They discuss the topic Mike will talk about at the Property Management Mastermind Conference. Making Money in Maintenance. [13:09] Mike will have some excellent deliverables for the people who attend his presentation. [14:18] What did you take away from the NARPM Conference that you are excited to use? [16:31] Ancillary fees were implemented in Mike’s company in the last year, and they have helped the bottom line. [18:08] Mike will talk about best practices and markup vs. margin at the PMMCon. [19:28] Bring in house everything that doesn’t require a license when it comes to maintenance. [20:50] What software do you use to run maintenance estimates? Do the techs have tablets? [23:13] Mike says he is most excited about the black-tie event at the conference. [23:56] They talk about presentation ideas for other meetings. [25:15] Scott Brady asks the question, “How can you run a property management business without any management fees”? [27:26] Operational management is conducting maintenance at a high level. [27:58] They chat about Mike going to Madrid, Spain, to his business and come up with new ideas. [29:07] See you in Las Vegas, thank you for coming on the show!   Links and Resources: Property Management Mastermind Property Management Mastermind Group on Facebook adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) Seacoast Commerce Bank Insurance Management Group (918) 728 8992 (Derek Scott with Insurance Management Group) zInspector FilterEasy Property Meld Richard Drake  NARPM Southern States Conference National Apartment Association  NARPM Accounting Standards Kevin on LinkedIn   For the Property Management Mastermind Conference information https://pmmcon.com/   For the Business Development Mastermind Seminar  https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385 Bizdevmastermind.com

Brad is excited to have Mike Schraepfer on this episode of Property Management Mastermind. Mike is the President of <a href="https://rentwithheirloom.com/" rel="nofollow" target="_blank">Heirloom Property Management</a> in Duluth, MN. He enjoys sharing his experience to help new investors find properties, solve financing, and work through renovations.  Mike started his career as an investor eighteen years ago and built up a portfolio of 126 single-family homes and duplexes. He renovated the properties to lease, and his property management career began. Six years ago, he began managing properties for other individuals, but he is still his biggest client. He manages properties that he owns, which makes him the property manager everyone wants to be. His business of management is running his assets, which puts him in the top tier, probably the top 1% of property managers in the country. His company doesn’t have a 401K for its employees. He decided to go a different way and teach them how to invest and manage properties, and as of right now, his staff owns about 25 units. Mike is one of the speakers at the <a href="https://pmmcon.com/" rel="nofollow" target="_blank">Property Management Mastermind Conference</a> in March 2020. Listen as he reveals the topic of his presentation and a sneak peek of some of his key talking points. He will discuss how your company can benefit from bringing your maintenance in house and the best software to bring it all together and so much more. Have you purchased your tickets yet? Don’t hesitate; Mike is just one of the many high-level speakers that will be at the event. Listen in for a small taste of what you can expect when a group of elite property managers get together in one place. If you already have your tickets, great! If not visit the <a href="https://pmmcon.com/" rel="nofollow" target="_blank">PMMCon.com</a> and get them now before they are sold out, this is one conference you won’t want to miss. Show Notes [02:22] Mike, welcome to the show! [03:08] Mike talks to us about how he got into property management. [04:08] He speaks about his alternative way of helping his staff save for retirement. [05:57] Mike discusses the mastermind group he formed with five other people. [07:42] They discuss the topic Mike will talk about at the <a href="http://www.pmmcon.com" rel="nofollow" target="_blank">Property Management Mastermind Conference.</a> Making Money in Maintenance. [13:09] Mike will have some excellent deliverables for the people who attend his presentation. [14:18] What did you take away from the <a href="https://10times.com/narpma" rel="nofollow" target="_blank">NARPM Conference</a> that you are excited to use? [16:31] Ancillary fees were implemented in Mike’s company in the last year, and they have helped the bottom line. [18:08] Mike will talk about best practices and markup vs. margin at the PMMCon. [19:28] Bring in house everything that doesn’t require a license when it comes to maintenance. [20:50] What software do you use to run maintenance estimates? Do the techs have tablets? [23:13] Mike says he is most excited about the black-tie event at the conference. [23:56] They talk about presentation ideas for other meetings. [25:15] Scott Brady asks the question, “How can you run a property management business without any management fees”? [27:26] Operational management is conducting maintenance at a high level. [27:58] They chat about Mike going to Madrid, Spain, to his business and come up with new ideas. [29:07] See you in Las Vegas, thank you for coming on the show! Links and Resources: <a href="https://www.propertymanagementmastermind.com/" rel="nofollow" target="_blank">Property Management Mastermind</a> <a href="https://www.facebook.com/groups/PMMastermindGroup/" rel="nofollow" target="_blank">Property Management Mastermind Group on Facebook</a> adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) <a href="https://sccombank.com/" rel="nofollow" target="_blank">Seacoast Commerce Bank</a> <a href="http://imgadvisors.com/" rel="nofollow" target="_blank">Insurance Management Group</a> (918) 728 8992 (Derek Scott with Insurance Management Group) <a href="https://www.zinspector.com/" rel="nofollow" target="_blank">zInspector</a> <a href="https://www.filtereasy.com/" rel="nofollow" target="_blank">FilterEasy</a> <a href="https://www.propertymeld.com/" rel="nofollow" target="_blank">Property Meld</a> <a href="https://www.linkedin.com/in/richard-drake-6912139a/" rel="nofollow" target="_blank">Richard Drake</a> <a href="https://www.narpm.org/conferences/state-conferences/southern-states-conference/" rel="nofollow" target="_blank"> NARPM Southern States Conference</a> <a href="https://www.naahq.org/" rel="nofollow" target="_blank">National Apartment Association</a> <a href="https://www.narpm.org/education/narpm-accounting-standards/" rel="nofollow" target="_blank"> NARPM Accounting Standards</a> <a href="https://www.linkedin.com/in/kevinmortner" rel="nofollow" target="_blank">Kevin on LinkedIn</a> For the Property Management Mastermind Conference information <a href="https://pmmcon.com/" rel="nofollow" target="_blank">https://pmmcon.com/</a> For the Business Development Mastermind Seminar <a href="https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385" rel="nofollow" target="_blank"> https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385</a> <a href="https://bizdevmastermind.com/" rel="nofollow" target="_blank">Bizdevmastermind.com</a>

Mike Schraepfer – Making Money in Maintenance

Matthew Whitaker

In this episode of the Property Management Mastermind, Brad is speaking with Matthew Whitaker. Matthew runs a company called GK Houses, which is in 8 different markets, he is also a marque keynote speaker at the Property Management Mastermind Conference where he will be giving out a killer deliverable of his checklist and outline for acquisitions. Matthew speaks about his company and the three types of money available to most people. He chats about his presentation at the PMMCon, and what you can expect to learn. Matthew discusses the industry trends he is seeing on how to value a property, how the price might deviate depending on the terms and the benefits of the seller financing. They discuss why it is essential to know what the seller is hoping to achieve from the sell and the steps that you need to follow once a verbal agreement has been made. Matthew talks about the most labor-intensive part of the acquisition, contracts, clawbacks, and how easy it is to close when you are buying assets. He also tells us what to expect in the first 90 days once the acquisition is made.  Listen in as they chat about how to message the property owners about the sell, how property management companies are a hot commodity and sell almost instantly without the need to advertise and what the cap is on growth in the industry. He believes that not every property management company needs to increase in size and that there is a market for smaller companies. Matthew talks about the Property Management Mastermind Conference, what his presentation will be about, and the outline he is giving everyone that attends his class. This is an excellent conversation about acquisitions and the best way to go about them.  Have you purchased your for PMMCon 2020 yet? Don’t hesitate. Tickets are selling fast! Show Notes [03:01] Welcome to the show, Matthew! [03:16] Matthew gives us the five W’s on him and his company. [05:05] He gives us the rundown on the three types of money out there. Venture capital, private equity and friends, and family. He speaks about which one he uses the most. [07:42] Matthew discusses his presentation for the conference and what you can expect. [09:32] Brad and Matthew do some role play to walk through his checklist. [11:33] Is there an industry trend on how to value a property? What are you seeing? [14:07] The price will deviate depending on the terms and what that means. [17:59] What do you do once you have verbally agreed on a price? [21:38] When selling your livelihood, you need to know that you are getting what you want out of it.  [23:38] What paperwork is done first? Do you need a non-disclosure? [26:54] They talk about being on a need to know basis when it comes to information that is shared.  [28:54] The due diligence part of the acquisition comes next. This is where the actual probing comes in. [31:08] Look at the NARCUM accounting standards at NARCUM.org to see your options. [32:08] What happens after the due-diligence part is done? Are you working on a contract at the same time? [33:47] Matthew gives his opinion on what you need to know about clawbacks. [35:51] Matthew speaks about how smooth closing is on businesses. [37:51] Explain what you are purchasing? Assets or Stocks? [39:13] He walks us through the first 90 days after the acquisition is over. [41:01] Messaging the owners is a critical factor that you must take into account.  [42:42] Management companies are such a hot commodity that they don’t need to advertise a sale. They can keep it in house. [45:10] Could you grow by 10% every year indefinitely? [46:16] Matthew speaks about the deliverable he will be at the conference. [47:40] Contact Matthew by text at 205-585-0415 or mwhitaker@gkhouses.com   Links and Resources: Property Management Mastermind Property Management Mastermind Group on Facebook adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) Seacoast Commerce Bank Insurance Management Group (918) 728 8992 (Derek Scott with Insurance Management Group) zInspector FilterEasy Property Meld Richard Drake  NARPM Southern States Conference National Apartment Association  NARPM Accounting Standards Kevin on LinkedIn   For the Property Management Mastermind Conference information https://pmmcon.com/   For the Business Development Mastermind Seminar  https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385 Bizdevmastermind.com

In this episode of the Property Management Mastermind, Brad is speaking with Matthew Whitaker. Matthew runs a company called GK Houses, which is in 8 different markets, he is also a marque keynote speaker at the Property Management Mastermind Conference where he will be giving out a killer deliverable of his checklist and outline for acquisitions. Matthew speaks about his company and the three types of money available to most people. He chats about his presentation at the PMMCon, and what you can expect to learn. Matthew discusses the industry trends he is seeing on how to value a property, how the price might deviate depending on the terms and the benefits of the seller financing. They discuss why it is essential to know what the seller is hoping to achieve from the sell and the steps that you need to follow once a verbal agreement has been made. Matthew talks about the most labor-intensive part of the acquisition, contracts, clawbacks, and how easy it is to close when you are buying assets. He also tells us what to expect in the first 90 days once the acquisition is made.  Listen in as they chat about how to message the property owners about the sell, how property management companies are a hot commodity and sell almost instantly without the need to advertise and what the cap is on growth in the industry. He believes that not every property management company needs to increase in size and that there is a market for smaller companies. Matthew talks about the Property Management Mastermind Conference, what his presentation will be about, and the outline he is giving everyone that attends his class. This is an excellent conversation about acquisitions and the best way to go about them.  Have you purchased your for PMMCon 2020 yet? Don’t hesitate. Tickets are selling fast! Show Notes [03:01] Welcome to the show, Matthew! [03:16] Matthew gives us the five W’s on him and his company. [05:05] He gives us the rundown on the three types of money out there. Venture capital, private equity and friends, and family. He speaks about which one he uses the most. [07:42] Matthew discusses his presentation for the conference and what you can expect. [09:32] Brad and Matthew do some role play to walk through his checklist. [11:33] Is there an industry trend on how to value a property? What are you seeing? [14:07] The price will deviate depending on the terms and what that means. [17:59] What do you do once you have verbally agreed on a price? [21:38] When selling your livelihood, you need to know that you are getting what you want out of it.  [23:38] What paperwork is done first? Do you need a non-disclosure? [26:54] They talk about being on a need to know basis when it comes to information that is shared.  [28:54] The due diligence part of the acquisition comes next. This is where the actual probing comes in. [31:08] Look at the NARCUM accounting standards at <a href="http://NARCUM.org" rel="nofollow" target="_blank">NARCUM.org</a> to see your options. [32:08] What happens after the due-diligence part is done? Are you working on a contract at the same time? [33:47] Matthew gives his opinion on what you need to know about clawbacks. [35:51] Matthew speaks about how smooth closing is on businesses. [37:51] Explain what you are purchasing? Assets or Stocks? [39:13] He walks us through the first 90 days after the acquisition is over. [41:01] Messaging the owners is a critical factor that you must take into account.  [42:42] Management companies are such a hot commodity that they don’t need to advertise a sale. They can keep it in house. [45:10] Could you grow by 10% every year indefinitely? [46:16] Matthew speaks about the deliverable he will be at the conference. [47:40] Contact Matthew by text at 205-585-0415 or mwhitaker@gkhouses.com Links and Resources: <a href="https://www.propertymanagementmastermind.com/" rel="nofollow" target="_blank">Property Management Mastermind</a> <a href="https://www.facebook.com/groups/PMMastermindGroup/" rel="nofollow" target="_blank">Property Management Mastermind Group on Facebook</a> adisarro@sccombank.com (619) 988-6708 (Allison DiSarro from Seacoast Commerce Bank) <a href="https://sccombank.com/" rel="nofollow" target="_blank">Seacoast Commerce Bank</a> <a href="http://imgadvisors.com/" rel="nofollow" target="_blank">Insurance Management Group</a> (918) 728 8992 (Derek Scott with Insurance Management Group) <a href="https://www.zinspector.com/" rel="nofollow" target="_blank">zInspector</a> <a href="https://www.filtereasy.com/" rel="nofollow" target="_blank">FilterEasy</a> <a href="https://www.propertymeld.com/" rel="nofollow" target="_blank">Property Meld</a> <a href="https://www.linkedin.com/in/richard-drake-6912139a/" rel="nofollow" target="_blank">Richard Drake</a> <a href="https://www.narpm.org/conferences/state-conferences/southern-states-conference/" rel="nofollow" target="_blank"> NARPM Southern States Conference</a> <a href="https://www.naahq.org/" rel="nofollow" target="_blank">National Apartment Association</a> <a href="https://www.narpm.org/education/narpm-accounting-standards/" rel="nofollow" target="_blank"> NARPM Accounting Standards</a> <a href="https://www.linkedin.com/in/kevinmortner" rel="nofollow" target="_blank">Kevin on LinkedIn</a> For the Property Management Mastermind Conference information <a href="https://pmmcon.com/" rel="nofollow" target="_blank">https://pmmcon.com/</a> For the Business Development Mastermind Seminar <a href="https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385" rel="nofollow" target="_blank"> https://www.eventbrite.com/e/bbc-business-development-mastermind-tickets-70402370385</a> <a href="https://bizdevmastermind.com/" rel="nofollow" target="_blank">Bizdevmastermind.com</a>

Matthew Whitaker on Acquisitions

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