Peter Lohmann's Podcast

Episode 3 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery. Show Notes: (00:00) Welcome & intro (00:52) History of zillow & rental listings (03:46) Zillow's rental manager platform (05:50) Is Zillow competing with property managers? (07:20) How airbnb could enter the rental market (13:01) 3 revenue streams for property managers (16:05) How PM companies can defend (20:11) How landlords can defend against airbnb & zillow (22:29) Zillow's rent zestimate Russell Lowery is a political puzzle solver. He runs a California based public affairs company highviewstrat.com. You can also connect with him on Twitter: twitter.com/russelllowery10 Learn more about Peter & how to connect with him here: peterlohmann.com RL Property Management manages Columbus area rental properties: rlpmg.com

Episode 2 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery. In this episode, we discuss: (01:44) Self-managing rental properties and how to build up the right systems and processes. (02:53) Finding and working with property managers. (04:04) Starting a property management business and the challenges faced during the early stages. (07:10) Strategies for finding new properties to manage, including attending realtor meetings, developing a website, and advertising on Google. (10:05) Switching from an engineering career to property management and finding the motivation to run the business successfully. (16:30) The process of acquiring property management businesses. (18:29) Different financing options, for example drawing on a credit line and getting an SBA loan. (19:59) What bankers look for before disbursing a loan and the importance of proper accounting and book-keeping. (22:11) Learning to do a cash-flow analysis and writing business plans. (23:28) The value of consulting a fractional CFO to grow your business. (25:02) Two book recommendations that give a basic understanding of accounting and why it is recommended to have a fractional CFO. (30:25) The lessons learned through property management. (31:27) The value of constant learning and consulting experts in business. (33:26) Why real estate is the best place to build your net worth but not the ideal place to begin your career. -The two books about accounting that Peter recommends for every business owner: https://www.amazon.com/Accounting-Dummies-Business-Personal-Finance/dp/1119245486/ and https://www.amazon.com/Simple-Numbers-Straight-Talk-Profits/dp/1608320561/ ~~~ -Russell Lowery is a political puzzle solver. He runs a California based public affairs company highviewstrat.com. You can also connect with him on Twitter: twitter.com/russelllowery10 -Learn more about Peter & how to connect with him here: peterlohmann.com -RL Property Management manages Columbus area rental properties: rlpmg.com

Episode 1 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery. We introduce ourselves and discuss starting businesses, property management, and buying a small business. Peter explains how he started RL Property Management and how he found customers in the beginning. He also explains how to buy another property management company. Russell talks about using SBA loans to buy businesses, and his background. Russell Lowery is a political puzzle solver. He runs a California based public affairs company highviewstrat.com. You can also connect with him on Twitter: twitter.com/russelllowery10 Learn more about Peter & how to connect with him here: peterlohmann.com RL Property Management manages Columbus area rental properties: rlpmg.com