#189: Managing RENEWALS (The Most Critical Operations KPI!) + Dissecting The Biz Model of a PM Company with Peter Lohmann

Welcome back to the Multifamily Wealth Podcast! In this episode, we have a recurring guest, Peter Lohmann, owner of a prominent property management company in Ohio. Peter's insights into property management have shaped the strategies of many in the industry. With a strong presence in the small business and real estate communities, Peter's expertise shines through in understanding how to build and manage a successful property management company.

In previous episodes, Peter delved into the distinctions between property management and asset management, guidance for investors in screening property management companies, and effective collaboration with property managers. However, in this episode, the focus shifts to the tactical operations behind property management. Whether you're a single-family or multifamily real estate investor, this episode provides valuable insights into the profitability and structure of property management companies. Peter and the host also tackle strategies for enhancing tenant satisfaction, boosting renewal rates, and ultimately optimizing your bottom line.

If you find this episode beneficial, please consider leaving a rating and review while sharing it with your network, helping us reach a broader audience. Your support is greatly appreciated as we strive to empower multifamily investors with valuable insights.

Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.

Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.

Join here: https://alignedrep.com/investor-application/

Connect with Axel:

- Follow him on Instagram: https://www.instagram.com/multifamilywealth/
- Connect with him on Linkedin: https://www.linkedin.com/in/axelragnarsson/
- Learn more about Aligned Real Estate Partners: https://alignedrep.com/investor-application/

Connect with Peter:
- Website: https://www.peterlohmann.com/