Peter Lohmann's Podcast

Peter Lohmann
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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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Jul 19, 2023 • 1h 12min

What Is an AI Factory? With Cat Allday

Special guest Cat Allday joins us for Season 3, Episode 3 of Owner Occupied. In this episode we discuss: (0:00) Sponsor: ⁠LeadSimple (01:35) Cat’s background (03:00) What’s your experience been like with Appfolio? (07:52) What drew you to AI before the mainstream picked up on it? (13:45) What is Realm and how will the conversational AI work within Appfolio? (22:35) Sponsor: Rent Werx Mastermind (24:11) How and when can customers access this AI? (28:24) What will this AI be best used for? (30:44) Smart Bill Entry & Maintenance (34:15) What types of problems is AI useful for? What problems is it not useful for? (38:48) How can AI be useful for data analytics? (39:59) What’s on the AI roadmap? (46:05) Sponsor: ⁠Second Nature (47:33) Do you plan to acquire any solutions in the future? (48:36) Stack marketplaces (49:25) Mobile app voice commands, and use cases for AI (55:08) What’s got you excited for the future? (01:01:10) Will the conversational AI support multiple languages? (01:03:58) Peter’s thoughts on the future of outsourcing (01:09:11) How RLPM is using AI Learn more about Cat Allday & how to connect with her here: Appfolio Cat on LinkedIn 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 12, 2023 • 1h 7min

Process Masterclass with Wolfgang Croskey

Special guest Wolfgang Croskey joins us for Season 3, Episode 2 of Owner Occupied. In this episode we discuss: (0:00) Sponsor: LeadSimple (01:44) Wolfgang’s background and career (03:04) How did you get so skilled at developing processes? (13:03) What systems or automations are saving you the most time at your organization? (16:37) Sponsor: PayProp (18:12) Scenario: Collecting late rent. (31:24) What policies do you need to put in place before you can leverage all these systems & technology implementations? (36:21) Sponsor: Second Nature (37:41) How would you address an onboarded property who are demanding control over your internal processes? (45:44) How Wolfgang became so well-known in his industry. (50:46) How can PMs get moving on improving their internal processes? (58:47) Is there anything you tried to automate that failed? (01:00:19) The Systems Conference Learn more about Wolfgang Croskey & how to connect with him here: Twitter, Facebook & LinkedIn The Systems Conference Bruce Croskey Real Estate The First Days of School by Harry Wong 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 5, 2023 • 1h 18min

Partnerships, Delegation & Hiring with Nick Huber

Special guest Nick Huber joins us for Season 3, Episode 1 of Owner Occupied. In this episode we discuss: (0:00) Sponsor: LeadSimple (01:57) Nick’s background (03:55) Raising money via Twitter (05:32) Nick’s back-end systems for PM (07:35) Technology adoption across the Self-storage asset class (09:58) Do you have any permanent employees on-site? (11:57) Utilizing global talent (16:09) - Sponsor: Rescover (17:26) - Levers to pull to increase the value of a property (23:00) - Cost Segregation (32:07) - Tips for writing well in a business context (37:13) - Building an audience through the written word (41:08) - Sponsor - Second Nature (42:47) - Nick on starting companies by leveraging your audience (51:29) - Thoughts on consultants & entrepreneurship (58:27) - Balancing priorities (01:12:12) - Requirements for shifting your mindset Learn more about Nick Huber & how to connect with him here: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.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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Nov 2, 2022 • 49min

BIG Announcement - Special Midseason Episode with Jon Matzner

Special Episode of the Owner Occupied podcast with Peter Lohmann & special guest Jon Matzner. In this episode we discuss: (00:00) - Intro (01:47) - Jon’s background and career (03:17) - How are you utilizing Notion in your work? (06:06) - Expanding the Garage Upgrade business (11:09) - The 3 parts of value for people entering the world of Property Management (22:44) - When starting or buying a PM company, what is something that people think is important, that your experience tells you people can skip entirely? (25:31) - What’s something you’re doing every day now that you wish you had started earlier in your journey? (28:55) - What channels have led you to building your highest-quality relationships? (33:36) - What’s something you did radically different from your industry peers that ultimately paid off? (37:34) - What’s the biggest struggle you’re facing right now? (40:41) - What’s something you didn’t give enough attention to early on that you had to pay for down the road? (43:55) - Where people can go to learn more Learn more about Jon Matzner & how to connect with him here: Jon on Twitter Organized Garage 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 Mentioned in this episode: PMbusinessinabox.com Notion Getting Things Done by David Allen Cal Newport Books “Surely You’re Joking, Mr. Feynman!” by Richard Feynman Who by Geoff Smart
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Sep 7, 2022 • 1h 3min

Brandon Scholten - Defining and Reaching Your Target Clients

Season 2, Episode 12 of the Owner Occupied podcast with Peter Lohmann & special guest Brandon Scholten. In this episode we discuss: (00:00) - Intro (01:35) - Brandon’s background and career (04:43) - Can you share why you chose to go the franchise route and it’s advantages or disadvantages? (09:35) - What did you get out of learning from Justin Roff-Marshomeone looking to get into Property Management? (9:35) - What did you get out of learning from Justin Roff-Marsh (15:47) - Best approaches to replacing employees and hiring for Sales when running a small business (21:05) - What vendors are you getting a ton of value from right now? (24:41) - The Found Gen Ad read (26:21) - StoryBrand & building trust with your clients (34:32) - Brandon’s marketing tactic built around listings in desired areas of management (37:08) - Brandon’s previous life as a skateboarder (39:20) - Appfolio Top Floor Ad read (40:46) - How is your business structured? Learn more about Brandon Scholten & how to connect with him here: Brandon@keyrenterdenver.com KeyRenterDenver.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 Mentioned in this episode: The Goal by Eliyahu Goldratt The Machine by Justin Roff-Marsh Profitable Property Management Podcast episode with Justin Roff-Marsh 300 to 3,000 podcast on the 25k club Marketing Secrets Podcast with Russell Brunson Traffic Secrets Who Not How by Dan Sullivan Start with Why by Simon Sinek RentScale
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Aug 31, 2022 • 59min

Matt Tringali - Building An Education Business In Property Management

Season 2, Episode 11 of the Owner Occupied podcast with Peter Lohmann & special guest Matt Tringali. In this episode we discuss: (00:00) - Intro (01:40) - Matt’s background and career (03:30) - How many units were you at when you merged with Home Vault? (04:30) - Door count vs. Profitability in PM (06:46) - What is Home Vault? (09:08) - Is it possible to have a single software and same PMA across multiple states for a company? (11:30) - Can you share any information about the Home Vault exit? (15:00) - Found Gen Ad read (16:40) - Where do you turn to when you want to learn more about the industry? (23:06) - Can you tell the story behind Better Who? (26:52) - What was the impulse for you to pivot into services? (34:36) - What is some low hanging fruit for PM’s to improve their business? (36:16) - Appfolio Stack Ad read (37:54) - Where did you get the idea to help grow the platforms of PM’s through Better Who? (40:33) - Is there some result you’d like to see that shows the industry is improving? (41:15) - What’re your thoughts on customer service in the industry? (48:03) - What are you most excited about in the industry right now? (51:22) - How would you advise a small PM business owners to improve their marketing and grow their business? (57:27) - How can people learn more about you online? Learn more about Matt Tringali & how to connect with him here: Matt on Facebook BetterWho BetterWho Facebook group Property Management Remote Team Members Facebook Group HomeVault 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 Mentioned in this episode: Jordan Muela’s Profitable Property Management Podcast ProfitCoach NARPM Accounting Standards The World is Flat by Thomas Friedman Never Lose a Customer Again by Joey Coleman The Effortless Experience by Matt Dixon Buildium Appfolio Rentvine LeadSimple Zapier

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