Episode 83: Property Management Failures Ft Tiffany Rosenbaum

Mar 21, 2024

Renowned property management expert Tiffany Rosenbaum and host Bob Preston discuss the importance of learning from failures in property management. They highlight struggles, self-doubt, and the need for effective processes. Embracing challenges, continuous learning, and anticipating customer needs are key takeaways.

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Episode notes

Introduction

00:00 • 3min

Embracing Property Management Challenges

02:41 • 11min

Challenges in Hiring and Managing Employees in Property Management

14:10 • 2min

Effective Personnel Selection in Property Management

16:35 • 4min

Building a SWAT Team for Proactive Property Management

20:50 • 6min

Transition from Physical Manuals to Online System and Business Growth Insights

26:39 • 3min

In this episode, renowned property management expert Tiffany Rosenbaum and seasoned host Bob Preston delve into property management failures and entrepreneurs' struggles. Drawing from their extensive experience, they underscore the importance of learning from failures and mistakes encountered in the journey of growing businesses.

Takeaways

Failures are part of the entrepreneurial journey.
Self-doubt is common among entrepreneurs.
Effective processes are crucial for success.
Micromanagement can hinder the growth.
Anticipating customer needs can set a business apart.
Continuous learning and embracing struggles are essential.

Chapters
02:00 Introduction and Background
04:02 Importance of Discussing Property Management Failures
04:50 Struggles and Self-Doubt in Entrepreneurship
14:07 LeadSimple Midroll Commercial
17:20 Common Failures in Property Management
20:50 Implementing Procedures and Processes
28:30 Embracing Struggles and Continuous Learning

Connect Tiffany Rosenbaum:
https://www.linkedin.com/in/tiffany-rosenbaum-b8a75011b/

Featured Sponsor: LeadSimple
LeadSimple consolidates leads, process, and communication management – plus coaching, content, and best practices – into one easy-to-use platform for property managers and real estate professionals. We’ve simplified the complexities of
property management so our clients can now work on their business instead of on their business to achieve even more than they thought possible. https://www.leadsimple.com/

Our Industry Icon Sponsors supporting the show:
SureVestor (https://surevestor.com/)
Blanket (https://blankethomes.com/)
VPM Solutions (https://www.vpmsolutions.com)
RentScale (https://rentscale.com/)
APM Help (https://www.apmhelp.com/)
Upkeep Media (https://www.upkeepmedia.com/)
Second Nature (https://www.secondnature.com/)
zInspector (https://www.zinspector.com/)
Showdigs (https://www.showdigs.com)
LeadSimple (https://www.leadsimple.com/)

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.