Exploring Opportunities and Growth in Property Management

DoorGrow Live 2024 is upon us! If you have been in the property management space for a little while now, you’re probably familiar with DoorGrow Live. 

In this episode of the #DoorGrowShow, property management growth experts Jason and Sarah explain how this year’s is expanding upon previous DoorGrow Live events. This year’s theme focuses on creating opportunity in times of uncertainty. Be there May 17-18 in Round Rock, TX.

You’ll Learn

[01:20] DoorGrow Live, the property management event you don’t want to miss

[03:58] 2024: Creating Opportunity Through Uncertainty

[05:48] Using these hectic times to your advantage

[07:07] First glance at DoorGrow Live topics

[08:32] Networking with growth-minded people

Tweetables

“The market is very uncertain right now, but that is such a great opportunity to do something with it.”

“It's not hard to step up and showcase leadership and become a leader in times of crisis.”

“There's all sorts of craziness that's going to be happening, and this is a big opportunity for you to get more market share to get more investments.”

“This is how some of the largest companies were built were during like recessions or depressions or time periods where they decided to double down and to focus on growth instead of scale back and be a fearful like everybody else. This is when winners are made.”

 

Resources

DoorGrow and Scale Mastermind

DoorGrow Academy

DoorGrow on YouTube

DoorGrowClub

DoorGrowLive

TalkRoute Referral Link

Transcript

[00:00:00] Jason: This is when winners are made. And so we want our clients and those that are close to us and attending DoorGrow Live to be those that capitalize and succeed in this industry. 

[00:00:11] Welcome DoorGrow property managers to the DoorGrow show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing in business and life, and you're open to doing things a bit differently then you are a DoorGrow property manager. 

[00:00:29] DoorGrow property managers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not, because you realize that property management is the ultimate high trust gateway to real estate deals, relationships, and residual income.

[00:00:49] At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market and help the best property management entrepreneurs win. We're your hosts, property management, growth experts, Jason and Sarah Hull the founder and CEO of DoorGrow and the operator COO of DoorGrow.

[00:01:13] And now let's get into the show. 

[00:01:16] All right, we'll get that figured out eventually.

[00:01:18] I always love it. 

[00:01:19] Okay. So what we're going to be talking about today is what, Sarah? 

[00:01:24] Sarah: DoorGrow Live 

[00:01:25] Jason: DoorGrow live. DoorGrow Live! Yeah, so DoorGrow Live is our premier conference that we do once a year and it's pretty great.

[00:01:35] So what do we want to say about it? 

[00:01:37] Sarah: All right. So let's get them some of the information first. You can get all of this information at DoorGrowlive.Com. So that's the first thing is Just go to doorgrowlive.Com. Everything is on there except for our agenda, which we have not yet released.

[00:01:53] We've got so much good stuff planned for you guys, but we're keeping the agenda a little close right now. So the dates for the event. It's a Friday and Saturday. It's May 17th and 18th, and it's in North Austin, Texas. The city is actually Round Rock, but no one knows where that is, so North Austin, Texas.

[00:02:13] Okay, and where are we holding it this year? 

[00:02:17] Jason: It's going to be at the Kalahari Resort in Round Rock, Texas So this is a really cool resort. it's really large and it's brand new. It's just built in the last several years. 

[00:02:28] Sarah: 2020? Bad launch date. 

[00:02:30] Jason: Yeah, they launched it not knowing there was going to be a pandemic. 

[00:02:33] Sarah: Yeah, I think they opened and then the whole world shut down.

[00:02:36] Jason: Yeah. And they have I believe the United States' largest indoor water park. It has this big indoor water park. Which could be fun. Yeah. If you're into that, or you can bring the kiddos maybe with you, but and it has several good restaurants and it's right in the heart of Round Rock.

[00:02:51] Round Rock is just such a cute, cool town. The downtown area is really cool. There's all sorts of, great little restaurants and, bars and whatever you're into. So it's a fun little area and you're just hop, skip, and jump to get to downtown Austin. It's, Flying into Austin, one of the easiest, best airports.

[00:03:09] I love being close to be able to get places through that airport. 

[00:03:13] Sarah: Yeah. And they have a lot of flights. Yeah. They really do. They have flights from everywhere. So it's very central. It's easy to get on into. And the airport is really great. 

[00:03:22] Jason: And then it's a quick drive over to the Kalahari resort where you can book your room and stay. And we've got a special group rate for you there so. 

[00:03:30] Sarah: We do. 

[00:03:31] Jason: We negotiated, so. 

[00:03:33] Sarah: We do. Jason's assistant Mar, she always negotiates really great deals for you guys. If you want to just go ahead and book, you can, but if you'd rather get the discounted room rate, go to doorgrowlive.Com and then click on the link to register.

[00:03:48] And that will help you get registered for the event and it will help you book your room at the discounted room rate. So that way you can get... I like saving money. I like it. It's great for me. 

[00:03:59] Jason: All right. So what else do we want to tell them about DoorGrow Live? 

[00:04:02] Sarah: Oh, okay. So this year's theme is going to be Creating Opportunity Through Uncertainty.

[00:04:09] It's a weird year. So I really don't know what's happening with the market. There's a lot of talk. Is it going up? Is it going down? Are interest rates going to change? What's happening with property management? Right now it's a little bit harder to rent things out, whereas before, you could find a tenant in about a week or two.

[00:04:26] And now that has changed and slowed down. And I'm hearing from some people that they're worried about their competitors or new companies are popping up that want to leverage AI and All kinds of technology and not have a lot of humans involved and, all the good stuff. So it's just a weird year and the market is very uncertain right now, but that is such a great opportunity to do something with it.

[00:04:52] So we want to talk with you guys about how you can actually grow your company right now. This is not going to be well, "Hey, this might be relevant in three years if the market does this," this is relevant right now. So we're going to talk about actual strategies that you can implement today.... the day after the conference... if you attend.

[00:05:09] And that you can just immediately implement them and start growing because we have some really amazing things planned for this conference. 

[00:05:18] Jason: One of the things that I've noticed over the last several events that we've done and our plans for this one, just to give you a little bit of a teaser is we have a focus on those that want to be involved as investors.

[00:05:32] And most property managers are investors and they're serving investors. And so some of the people are bringing in some of the conversations we're going to be having are how did structure, creative deals especially in this environment where we've got high interest rates and things are a little crazy.

[00:05:48] And what Sarah said is true. 2024 is an election year, right? Every time there's an election cycle, the most powerful people and decision makers that control our lives to some degree start making things crazy. And there's opposing sides and it gets wild. So there's a lot of uncertainty that happens every election cycle.

[00:06:06] Look at 2020, look at four years before that, look at 2024. There's all sorts of craziness that's going to be happening, and this is a big opportunity for you to get more market share to get more investments. There's going to be a big opportunity, I think, for you to establish yourself as a leader in the marketplace, and it's not hard to step up and showcase leadership and become a leader in times of crisis, like during the pandemic. And there's people that failed during that. And there's people that succeeded during that and made a lot of money. And we want to make sure you're prepared because there's patterns to this.

[00:06:42] This is how some of the largest companies were built were during like recessions or depressions or time periods where they decided to double down and to focus on growth instead of scale back and be a fearful like everybody else. This is when winners are made. And so we want our clients and those that are close to us and attending, DoorGrow Live to be those that capitalize and succeed in this industry.

[00:07:07] Sarah: So I'm not saying that this is definitely going to happen. I'm just saying that there's a pretty good chance that we might be talking about things like some creative ways to structure deals. Maybe some seller finance stuff, maybe some subject 2, maybe looking at your portfolio to see if any of your investors start to panic sell.

[00:07:32] If you can capitalize on those opportunities, we might be looking at your profitability. We might be talking about some different business models and growth engines. There's just a chance that those are some of the things that we might talk about, being that we're not releasing the full agenda yet 

[00:07:50] Jason: Okay, so yeah, there's gonna be some cool stuff Some of the things we might be talking about is a lot of people have been really curious about how we've been Able to make millions and millions of dollars leveraging Social media, and it's not something I usually want to share because I feel like it's a distraction in a lot of instances, but there are some ways to do this.

[00:08:12] That can make you money as a property manager. And so there might be some conversation around some of that and how to leverage AI and some of the tools we use a DoorGrow to collapse time and cost on getting out to all the social media platforms. And so Yeah, there's several other things that we can tease, but it's going to be a really great event.

[00:08:32] I think the best part about DoorGrow events that's really different from every other property management conference that I've been around or attended is the type of people that are there. They're just, they're a different crowd. The DoorGrow crowd is a different crowd. These are growth minded people.

[00:08:47] These are contribution focused people. These are people that want to make a difference. These are people that are experiencing a different level of mindset, a different level of freedom and fulfillment in their business. These are property managers that actually enjoy what they get to do. This is what we do with clients.

[00:09:02] We get them to the point where they're enjoying their day to day. And we've gotten all of the uncomfortable stuff onto other people's shoulders on their teams. And so we're really good at helping our clients get out of the cycle of suck, getting out of the day to day suck of stress and overwhelm. This is not a conference where everybody shows up and they just want to go hang out at the bar and pretend it's a vacation and get wasted.

[00:09:25] Right. And if that's you, sorry, if I offended you, go do that. That's if that's what you need. 

[00:09:30] Sarah: Do that after the event. 

[00:09:31] Jason: Yeah, sure. 

[00:09:32] Sarah: Go drink in the water park. 

[00:09:33] Jason: Go do that. You can't. 

[00:09:35] Sarah: I think there's a bar in there. 

[00:09:36] Jason: I don't know. Maybe. But our clients are there to connect. They're there to get to the next level.

[00:09:41] They have a growth mindset. And they're there to network. And so the connections made at these events are some of the biggest game changers. People are making friends. And if you want to be part of a community, if you want to come just taste some of the DoorGrow magic in person and see what's DoorGrow about? How is this different?

[00:10:00] Why aren't they going to all of these other conferences and doing what everybody else is doing? How are they unique? Come experience it, come see it, and we'll share some things with you. And you'll get to talk to people that are having phenomenal growth. People that are like startups that are adding a hundred doors in like six months, like people that are adding two, 300 doors a year without spending any money on advertising, like this is real stuff that our clients are doing.

[00:10:24] And you can come rub shoulders with some amazing people. I think that's the thing about DoorGrow is we, I think are attracting the cream of the crop, the best people in the industry, people with the strongest and healthiest mindset, people that are attracted to growth minded people. If you want to be around growth minded people in this industry that are doing innovative and new things like this is the place to be is DoorGrow Live.

[00:10:47] So go to doorgrowlive.Com right now, get your tickets. We do have limited availability. This is not a massive event yet. And we have, we sold out. We've sold out at these events. If you want to get your spot, I recommend get in now because we know what you're going to do.

[00:11:05] Sarah: What happens at every event is we always have more people and then they're like, "can we just grab a chair and maybe put it in the back? Like I'll stand in the back. I don't care." And that has happened at the last three of our events where we've had more people try to show up.

[00:11:20] Jason: And then you stress out my assistant Mar and 

[00:11:24] Sarah: I'm like just grab them a chair take a chair from the lobby I don't care make it happen 

[00:11:28] So let's make sure that you have a place at a seat at the table.

[00:11:32] Let's do that. 

[00:11:33] Jason: Yeah get make sure that you get your tickets early get your tickets soon. 

[00:11:38] Sarah: There's early bird tickets on sale right now. 

[00:11:40] Jason: Oh, Yeah, so at the time of this recording there are early bird tickets for sale So if you're watching this live right now, or you see this soon There are early bird tickets and the tickets we're not trying to make this some crazy profit center The tickets early bird tickets are what 197?

[00:11:57] They're 197 

[00:11:59] Sarah: 197! 

[00:12:00] Jason: And what does the room cost? 

[00:12:02] Sarah: It's probably somewhere around two to three hundred. 

[00:12:04] Jason: We're not trying to make this some big expensive thing. 

[00:12:06] We probably make $0 off the whole event. 

[00:12:10] Sarah: Oh yeah. 

[00:12:10] Jason: It costs us a lot of money to put these events on, but for us, it creates community... 

[00:12:14] Sarah: It's an investment that we're willing to make so that we can do cool things in the industry and for our clients and for those who are just interested in being better and leveling up their business and their life.

[00:12:28] Jason: Okay, cool. 

[00:12:28] Sarah: So go to DoorGrow Live, grab your early bird tickets. You can do it after the early bird sale too or wait longer, which I'm cool with. Do it now. If you want the sale do it now. And. You'll get there's a whole section on there with frequently asked questions, all of the information that you need is on there, but if you've got any additional questions, just ping us, reach out to us, you can really reach us just about anywhere and our team will be able to help you and answer your questions.

[00:12:55] And then I will also say we still have a few spots. I don't know, exactly how many right now I'll confirm for sure for VIP I want to say there's at least four left right now, and that is tentative, but at three or four, maybe spots left at this point for the VIP. So if you're interested in upgrading to VIP, again, you can do this at doorgrowlive.Com. There's a button that says upgrade to VIP. And if you upgraded VIP then on I think day two, you'll go to lunch. We'll do a little VIP lunch. You'll be able to have lunch with all of the speakers at the event. 

[00:13:34] Jason: And us. 

[00:13:34] Sarah: And yes, and me and Jason our team is going to be there and you'll get priority seating at the event.

[00:13:41] Jason: Cool. Yay. All right. Okay. That's it. Go to doorgrowlive.Com and until next time to our mutual growth. Bye everyone.

[00:13:49] you just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow! 

[00:14:16] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.