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The Profitable Property Management Podcast

Latest episodes

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10 snips
Nov 29, 2023 • 49min

187:Getting to Stable at 700 doors: How Luke Street Transformed His Business

Luke Street, an experienced property management professional, discusses his journey in the industry, transitioning from short-term to long-term rentals, optimizing his business for profitability and quality of life, and the role of technology. He emphasizes the importance of profitability per door over door count, achieving work-life balance through efficiency, and the value of mentors and the Narpham community. Luke also highlights the shift towards prioritizing quality clients and finding happiness and success in business and life.
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Nov 22, 2023 • 37min

186: 600 Doors in a Year - The Inside Story with Yoni Schmidt

Yoni Schmidt, VP of Sales at KeyRenter Property Management, discusses finding and developing successful salespeople, lead generation tactics, effective communication with clients, and his achievement of scaling from 0 to 600 doors in Oklahoma City. They also touch on the importance of understanding ROI and aligning incentives, adding value to referral partners, and getting an 80% response rate increase with improved messaging.
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Nov 15, 2023 • 54min

185: How to Think About Growth Strategies in PM

In this podcast, the hosts discuss growth strategies in property management. They cover topics such as lead generation strategies, setting growth goals, forecasting, investing in company culture, and celebrating top operators in the industry. They also highlight the importance of enjoying sales and marketing strategies, leaning financially into growth goals, forming mastermind groups, and setting growth goals based on how much 'strain' you are willing to take on. The podcast explores the significance of having a point of view in content creation, the power of forcing functions and removing friction, finding the right growth strategy, setting expectations and forecasting for the future, and the power of coaching relationships and storytelling.
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Nov 8, 2023 • 55min

184: Stop Unit Churn By Selling To Other Owners - Meet Blanket

Lior Abramovitch from Blanket Homes discusses the problem of churn in property management and how their platform enables internal sales within a property manager's portfolio. Benefits include increased revenue, visibility into portfolio performance, and automated communications to owners. They also talk about macroeconomic trends in real estate and opportunities for property managers.
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Nov 1, 2023 • 54min

183: Process Automation For the Masses w/ Todd Ortscheid

In this episode, property management expert and consultant Todd Ortscheid discusses his journey in the industry, best practices for systematizing and automating property management processes, property management software options, integrating automation, hiring and managing staff, personality testing, handling difficult conversations and conflict, and maintaining community and transparency as the industry grows.
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11 snips
Oct 25, 2023 • 58min

182: Creating Standard Operating Procedures that Actually Work with Kelli Segretto

Kelli Segretto, an operations expert, joins host Jordan to discuss best practices for creating standardized operating procedures, getting staff buy-in on new technology, building fee-capturing processes, and obtaining owner approvals. They also talk about the differences between single-family and multifamily management, handling owner maintenance requests, and the value of digitized processes and automation in property management. Kelli shares her vision for the future of integrated property management software.
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4 snips
Oct 18, 2023 • 56min

181: Benchmarking Maintenance Stats to Drive Investor Retention with Ray Hespen

Ray Hespen, CEO of PropertyMeld, discusses data, benchmarks, and best practices around property maintenance and investor retention. They also talk about the importance of understanding customer pain points, the significance of maintenance in property management, and the challenges of implementing technology in the industry.
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20 snips
Oct 12, 2023 • 1h 47min

180: Why Ben Sold to Rhome

Ben Sencenbaugh, founder of Realty Medics, discusses growing his property management company from 200 to 1600 doors in 10 years. Topics include implementing systems, using marketing tactics, maintaining profitability while scaling, selling a property management company, achieving work/life balance as an entrepreneur, and finding the right buyer for an acquisition.
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5 snips
Oct 4, 2023 • 49min

179: Systemize and Scale a Property Management Business with Sarah Durbin

Sarah Durbin, property management entrepreneur, shares her journey from door-to-door sales to building a property management empire. Topics include scaling a property management business, centralizing back office systems, training and empowering staff, dangers of DIY landlords, and rebuilding after selling a business amidst personal tragedy.
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Sep 27, 2023 • 48min

178: Building Technology That Aligns With Your Business Model with Chuck Hattemer

Chuck Hattemer, Co-Founder of Poplar Homes, discusses their journey of building and scaling their proptech company. They talk about challenges with product-market fit, focusing on operations and scalable processes, their approach to M&A vs raising capital, creating branded digital experiences, expanding into new markets, navigating regulatory environments, and the role of proptech in real estate's future.

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