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Peter Lohmann's Podcast

Latest episodes

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Sep 20, 2023 • 1h 8min

Starting & Running a Remote PM Company with Kelsey McRichards

Special guest Kelsey McRichards joins us for Season 3, Episode 12 of Owner Occupied. In this episode we discuss: (00:00) Sponsor - ⁠⁠⁠⁠⁠⁠⁠⁠⁠LeadSimple (01:46) Introducing Kelsey (03:49) Starting a management company while working a W2 (06:04) The explosion of growth in Maine during Covid (09:14) Running a management company remotely (14:52) Utilizing global talent and creating culture in a remote environment (21:44) Sponsor - PayProp (23:20) What challenges do you face operating in a sparsely populated area? (30:19) Lessons learned in processes & operations (51:02) Sponsor - Second Nature (52:21) How Kelsey implemented her new pricing structure Learn more about Kelsey McRichards & how to connect with her here: Kelsey on Twitter: @TheKelseyMcR Honest Property Management Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠RL Property Management⁠
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Sep 13, 2023 • 58min

Property Management Sanity with Adam Willis

Special guest Adam Willis joins us for Season 3, Episode 11 of Owner Occupied. In this episode we discuss: (00:00) Sponsor - ⁠⁠⁠⁠⁠⁠⁠⁠LeadSimple (01:38) Introducing Adam (05:10) How have you grown the company? (09:00) Software implementations (21:25) Sponsor read - Rescover (22:37) How to drive Google reviews (28:32) Systems and Processes vs. People (35:51) Are you using any personality profiling tools? (37:50) How do you handle employees not living your values? (40:55) Sponsor read - Second Nature (42:15) Adam’s emphasis on developing his people (51:09) Profit sharing Learn more about Adam Willis & how to connect with him here: Adam on Facebook Nestwell Property Management Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠RL Property Management⁠
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Sep 6, 2023 • 57min

Thinking Big with Mark Ainley

Special guest Mark Ainley joins us for Season 3, Episode 10 of Owner Occupied. In this episode we discuss: (00:00) Sponsor - ⁠⁠⁠⁠⁠⁠⁠LeadSimple (01:11) Mark’s background (02:58) Mark’s experience with BiggerPockets (08:30) How have you used your function as a connector to grow your business? (11:26) Mark’s email strategy (13:11) How big is your management company? (14:32) Do you have any competition in terms of the scale you’ve reached? (17:38) What expectations did you have for these 3 avenues of online content creation? (20:58) Sponsor - RentWerx (22:34) Do you have separate sites for owners and managers? (24:23) How did you come to terms with delegating sales? (28:28) Mark’s approach to marketing & operations (38:04) Sponsor - Second Nature Learn more about Mark Ainley & how to connect with him here: GC Realty Straight Up Chicago Investor Podcast BiggerPockets Chicago Property Management Blog Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠RL Property Management⁠
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Aug 30, 2023 • 57min

Getting World-Class Results with Russell Lowery

Special guest Russell Lowery joins us for Season 3, Episode 9 of Owner Occupied. In this episode we discuss: (00:00) Sponsor - ⁠⁠⁠⁠⁠⁠LeadSimple (01:27) Introducing Russell (03:49) How are you able to identify talent? (05:25) Russell’s career (09:05) California housing policy (17:07) Challenging local housing authorities (23:00) Sponsor - BetterWho (24:13) Russell’s print shop that he bought (28:30) How do change your approach in your print shop vs. your agency? (30:31) How have you structured your agency? (35:53) Sponsor - ⁠⁠⁠Second Nature (37:12) The importance of thoughtful communication (41:11) Russell’s upbringing (46:48) Creating OwnStuff and the focus on American prosperity Learn more about Russell Lowery & how to connect with him here: Russell on Twitter Russell on LinkedIn High View Strategies OwnStuff Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠RL Property Management
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Aug 23, 2023 • 54min

Growing to 2,000 Units with Benton Moss

Special guest Benton Moss joins us for Season 3, Episode 8 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠⁠⁠⁠LeadSimple (01:59) Benton’s background and career in Property Management (08:17) Would you recommend buying an 1100-unit PM company with little to no experience? (11:58) What was the leadership structure when you took over? (16:50) Sponsor: Rescover (18:03) Growth, technology, and vendors (36:20) Sponsor: ⁠⁠Second Nature (37:39) What software have you implemented in the last 2 years? (39:31) How are you processing work orders? (44:04) How are you structuring your home services arm? (50:30) Prioritizing time Learn more about Benton Moss & how to connect with him here: Simmons & Harris Bmoss@SimmonsandHarris.com Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠RL Property Management
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Aug 16, 2023 • 1h 4min

The Business Runs Itself with Brad Larsen

Special guest Brad Larsen joins us for Season 3, Episode 7 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠⁠⁠LeadSimple (01:54) Brad’s background and career (02:54) What are you predicting for the next 2-3 years in the industry? (10:41) Thoughts on NARPM (15:26) How do you approach potential business opportunities? (19:07) What is interesting about starting a roofing company vs. other opportunities? (21:35) How do you spin up a new business? (27:53) Sponsor: ⁠PayProp (29:29) The possibility of a self-running PM Company (33:09) The PM Mastermind Podcast (37:08) The process of running a conference (42:26) Sponsor: ⁠Second Nature (43:46) how to spin up a brokerage company (49:39) Home Property Management (56:06) Thoughts on AI (58:47) Struggles in dealing with customers as a Property Manager Learn more about Brad Larsen & how to connect with him here: Property Management Mastermind PMMcon Property Management Mastermind Podcast Property Management Mastermind Facebook Group The 40-hour Work Year by Scott Fritz Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠⁠Follow Peter on Twitter⁠⁠⁠⁠ ⁠⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠⁠ ⁠⁠⁠⁠Visit Peter’s Website⁠⁠⁠⁠ ⁠⁠⁠⁠RL Property Management
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Aug 9, 2023 • 1h 4min

Engineering Luck with The Real Estate God

Special guest The Real Estate God joins us for Season 3, Episode 6 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠⁠LeadSimple (02:32) Introducing The Real Estate God (05:17) How The Real Estate God capitalizes deals (08:46) Learning about delegation and leverage (15:18) Opportunity costs and finding the high-leverage tasks you should be working on (18:18) Sponsor - RentWerx (19:54) Being deliberate about your environment and network (25:42) Setting goals (28:39) How REG approaches Property Management (33:35) Creating your own luck (41:59) Sponsor - ⁠⁠⁠⁠Second Nature (43:20) Learning through failure and Upskilling (49:46) The value of building an online network (52:03) Creating your own yacht (59:43) Real Estate God University & Accelerator Program Learn more about The Real Estate God & how to connect with him here: Follow on Twitter The Real Estate God Accelerator Program The Real Estate God’s Website The Real Estate God University The Real Estate God on Gumroad Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠Follow Peter on Twitter⁠⁠⁠ ⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠ ⁠⁠⁠Visit Peter’s Website⁠⁠⁠ ⁠⁠⁠RL Property Management
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Aug 8, 2023 • 23min

Special Announcement: Crane

Welcome to Crane, an exclusive, paid community designed specifically for experienced property managers who are determined to streamline operations. Our mission is to provide you with the tools, resources, and support you need to elevate your business to new heights of success. Learn More & Apply: http://joincrane.co Application Deadline: August 15th, 2023 Crane is designed for serious operators who are ready to take their property management business to the next level. Our community specifically caters to 3rd party property managers primarily engaged in single-family and small multi-family rental management in North America.
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Aug 2, 2023 • 54min

Competing Against 3% Management Fees with Todd Ortscheid

Special guest Todd Ortscheid joins us for Season 3, Episode 5 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠⁠LeadSimple (02:13) Introducing Todd and his career (02:39) Organizing a Property Management Company (11:59) Thoughts on management fees and PM pricing (18:21) Sponsor - Property Meld (19:50) Mergers and acquisitions in the industry (28:29) Todd’s experience building PM Assist and keys to client success (33:05) What is it like to be both a vendor and operator in the industry? (35:07) Selling your time vs. having automated company (36:55) Sponsor - ⁠⁠⁠⁠Second Nature (38:14) PM Assist’s new equity share offering (45:10) Automating management agreements (46:52) Under what scenario would you sell your management company? Learn more about Todd Ortscheid & how to connect with him here: Todd on Facebook PM Assist AlwaysThereRepair.Co PandaDoc Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠Follow Peter on Twitter⁠⁠⁠ ⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠ ⁠⁠⁠Visit Peter’s Website⁠⁠⁠ ⁠⁠⁠RL Property Management
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Jul 26, 2023 • 56min

Building a 100M HoldCo with Michael Girdley

Special guest Michael Girdley joins us for Season 3, Episode 4 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠LeadSimple (02:03) Michael’s background (04:18) How do you decipher which opportunities are worth pursuing? (10:14) How do you spend your time across a dozen companies? (17:00) Sponsor: Rentscale (18:42) What were the early actions you took that shaped where you landed later? (22:51) Peter & Michael’s mutual love for the Civilization game series (24:54) How do you break out of the mentality of running your business for a lifetime? (30:29) How to sell your time (36:25) Michael’s Playbook for business management with <500 employees (39:28) Sponsor: ⁠⁠Second Nature (40:47) Who is setting the vision and culture in the companies under your HoldCo? (42:29) The importance of the Chief of Staff role (52:29) Scalepath Learn more about Michael Girdley & how to connect with him here: Michael on Twitter Girdley.com The Complete HoldCo Course Girdley.com/playbook Scalepath Learn more about Peter Lohmann & how to connect with him here: ⁠⁠Follow Peter on Twitter⁠⁠ ⁠⁠Join Peter’s Newsletter⁠⁠ ⁠⁠Visit Peter’s Website⁠⁠ ⁠⁠RL Property Management

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