Multifamily Collective Podcast

I've used this powerful strategy for over a decade. Today, I share the 'Top 3 Bottom 3' exercise. In this episode, brought to you by JMC Multifamily Advisors, I break down an invaluable tool for setting your next quarter's priorities straight. The 'Top 3 Bottom 3' exercise is not just about identifying your priorities; it's about reshaping your entire approach to productivity and focus.. Join me as we explore utilizing the 'Start, Stop, Keep' method to streamline your workflows, from customer interactions to investor relations, and ensure you focus on what truly matters. Discover tips for identifying time-consuming processes and how to leverage technology or refine systems to reclaim precious hours. Whether planning for the upcoming quarter or setting yearly goals, my guidance will inspire you to adopt a disciplined approach to this powerful exercise. Don't miss out on these transformative insights. Subscribe to our channel for more multifamily marketing strategies and tips to stay ahead in this fast-paced industry. Remember, it's not just about doing more; it's about doing what's right for your business. Let's dive into the episode and unlock the potential of your multifamily marketing efforts in 2024! Visit multifamilycollective.com to delve deeper into multifamily marketing wisdom and join our community of forward-thinking professionals. multifamily marketing, Top 3 Bottom 3 strategy, productivity, time management, Q2 2024 planning, multifamily industry, business strategy, operational efficiency, start stop keep method, prioritization #MultifamilyMarketing #BusinessStrategy #OperationalEfficiency #TimeManagement #ProductivityTips #Q22024 #Top3Bottom3 #StartStopKeep #MultifamilyCollective #Top3Bottom3Strategy #MultifamilyMarketing#multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi #multifamilymedianetwork

Have you ever wondered how your mood swings could catalyze your team's productivity? In this enlightening episode, brought to you by JMC Multifamily Advisors, your go-to source for all things marketing and multifamily, we dive deep into the contagious nature of emotions and their profound impact on workplace productivity. Visit jennifermcarter.com for more insights into the multifamily sector. Discover how positive or negative emotions can significantly influence the atmosphere and outcomes of your meetings. Learn the importance of managing your emotions to foster a productive and positive environment, especially if you're in a leadership position. We share practical tips on recalibrating your emotional state, ensuring you bring only the best vibes into your team's space. Whether through meditation or a few quiet moments alone, understanding and controlling the emotional aura you carry into your professional interactions can make a difference. Tune in to find out how to harness the power of your emotions to lead with empathy, positivity, and effectiveness. Remember to like, subscribe, and hit the notification bell to stay updated with more insights and strategies from the multifamily industry. Your journey to becoming a more impactful leader starts here! For more valuable content on leadership and productivity in the multifamily sector, visit multifamilycollective.com. emotions in leadership, productivity tips, multifamily leadership, positive work environment, managing emotions, professional growth, multifamily marketing, JMC Multifamily Advisors #Leadership #Productivity #MultifamilyLeadership #PositiveVibes #EmotionalIntelligence #TeamManagement #MultifamilyMarketing #JMCAdvisors#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

In this eye-opening episode, brought to you by JMC Multifamily Advisors, we dive deep into the seismic shifts anticipated in the multifamily labor force over the next 18 to 24 months. With a special mention of our friend Jennifer M. Carter at jennifermcarter.com, we explore how artificial intelligence is poised to revolutionize property management from the ground up. The Future is AI-Driven: Imagine a world where your daily tasks, from service requests to inventory management, are not just influenced but dictated by AI. This future vision sees AI seamlessly integrating into every aspect of multifamily property management, ensuring efficiency and precision in labor distribution and task allocation. The Challenge of Technological Directives: As we navigate this transition, a pivotal question arises - how will team members adapt to being directed by technology? This episode unpacks the potential resistance and acceptance of an AI-driven workforce, where algorithms determine workflow and productivity is constantly monitored. Your Thoughts Matter: We're eager to hear your insights as we stand on the brink of this technological revolution. How do you see AI shaping the future of multifamily property management? Will the human element embrace or resist these changes? Join the Conversation at MultifamilyCollective.com: For more insights and discussions on the future of multifamily living, visit our website at multifamilycollective.com. Your perspective is valuable as we collectively navigate the challenges and opportunities presented by AI in our industry. Don't forget to Like and Subscribe: If you find this discussion intriguing, hit the like button and subscribe to our channel. Your support helps us bring more insightful content on the evolving landscape of multifamily property management. AI in property management, multifamily workforce, future of multifamily, artificial intelligence, labor force challenges, property management technology Hashtags: #MultifamilyManagement #ArtificialIntelligence #PropertyManagement #FutureOfWork #TechnologyInRealEstate #AIMultifamily#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

Today, I remind you of something critical: never compromise your reputation for short-term business gains. In an era where quick wins are often celebrated, the real victory lies in maintaining integrity and trust. Here’s why your reputation isn't just important; it's your most valuable asset in the business world. Trust Building: Your reputation lays the foundation of trust with clients, team members, and industry peers. It's the currency of credibility. Attracts Quality Talent: A stellar reputation draws in top-notch team members, propelling your business forward with like-minded individuals. Future Opportunities: When looking for new ventures, your reputation precedes you, opening doors to possibilities that align with your values. Remember, pursuing quick wins at the expense of your reputation is risky and can lead to long-term losses. Your reputation is a testament to your character and business philosophy; it speaks volumes before you even enter the room. Let's prioritize integrity and play the long game. Your future self will thank you for the reputation you've built today. If this message resonates with you, like this video, subscribe for more insights, and share it to spread encouragement. Visit MultifamilyCollective.com to join our community of forward-thinking professionals. reputation management, business integrity, trust building, long-term success, quality team, future opportunities, marketing strategies, business ethics, leadership advice. #BusinessEthics #ReputationManagement #TrustBuilding #LongTermSuccess #Leadership #IntegrityInBusiness #QualityTeam #FutureOpportunities #MarketingStrategies#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

In today's video, we draw inspiration from an intriguing analogy likened to the welcoming scent of apple pie versus the off-putting odor of smelly socks; we explore how these sensory experiences can be a metaphor for the health and appeal of a community's culture. Just as the aroma of a home can set the tone for a visit, the atmosphere of a property can significantly influence the perception and experience of prospects and residents. Is your property emitting a vibe that invites people in and makes them want to stay, or does it push them away at the doorstep? We discuss the importance of cultivating an environment that exudes warmth, service, and excellence - akin to the comforting scent of apple pie baking in the oven. Mike Brewer of MultifamilyCollective.com shares insights and encourages property management professionals to adopt this powerful analogy to foster a culture that attracts and retains residents by making them feel at home. Whether you're an onsite property manager or part of a corporate team, understanding and implementing an "apple pie" culture is key to success in the multifamily industry. Remember, the goal is to create an environment that's so inviting and pleasant that prospects and residents can't help but envision themselves finding a home within your community. So, let's ask ourselves: does our property smell like apple pie or smelly socks? Don't forget to visit MultifamilyCollective.com for more insights on culture and leadership in the multifamily space. If you found value in this discussion, please hit the like button, subscribe for more insightful content, and share your thoughts in the comments below. Together, let's transform the multifamily space into a community everyone is eager to participate in. multifamily culture, property management, organizational culture, customer experience, onsite experience, community building, resident retention, multifamily industry, leadership in multifamily, property management tips #MultifamilyCulture #PropertyManagement #OrganizationalCulture #CustomerExperience #OnsiteExperience #CommunityBuilding #ResidentRetention #MultifamilyIndustry #Leadership #PropertyManagementTips#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

Have you ever felt like you're running on empty, no matter how many cups of coffee you have? I think an unseen crisis affects us all, and it's not what you believe. Let's discuss tiny changes that can revolutionize your energy levels. In today's episode of the MultifamilyCollective, we're shining a light on a crisis lurking in the shadows, especially in the multifamily space. It's not about the gas or solar energy shortage; it's about the human energy crisis silently affecting us all post-COVID. We discuss how the world's collective fatigue, exacerbated by energy vampires and digital addictions, impacts our daily lives and what we can do to fight back. Key Points: Identifying the real energy crisis: The human energy deficit in the post-COVID era. The impact of "energy vampires" and how to protect yourself. The crucial role of sleep hygiene for energy restoration. Practical tips to boost your morning routine and energize your day. Encouragement: Don't let the energy vampires win. Embrace better sleep habits, nourish your body, and prime your energy each morning. It's time to reclaim your vitality and be a beneficial presence in every aspect of your life. Remember to like, subscribe, and hit the notification bell to stay energized with more insights from the Multifamily Collective. Your support fuels us to bring more empowering content your way. Visit us for more: multifamilycollective.com human energy crisis, multifamily industry, post-COVID fatigue, energy vampires, sleep hygiene, morning routine, energy boosting tips, Multifamily Collective #HumanEnergyCrisis #MultifamilyIndustry #EnergyVampires #SleepHygiene #MorningRoutine #EnergyBoosting #MultifamilyCollective#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

In this episode of CollectiveConversations, host Mike Brewer interviews Dom Beverage about the latest edition of 20 for 20. They discuss the background and purpose of the report, which involves interviewing 20 multifamily professionals to gain insights into industry trends. One significant finding from the 2023 edition was the prevalence of fraud in the industry, which has become a nationwide problem. The conversation then shifts to the topic of centralization in multifamily, with a focus on leasing, administration, and maintenance. Dom explains that while leasing and administration can be centralized and automated, maintenance tasks are more challenging to centralize due to physical constraints. Mike and Dom discuss the potential adoption of AI and shared services in the industry's tech stack. Their conversation covers various topics related to the multifamily industry, including tech acquisition, revenue generation opportunities, short-term rentals, data and analytics, and innovation. The overarching theme is the focus on revenue as the top priority in 2024, driven by the challenges of an oversupply of apartments in many markets. The discussion also highlights the importance of collaboration and the role of business intelligence in driving insights and decision-making. The 20 for 20 report provides valuable insights into the current trends and challenges in the multifamily industry. Takeaways Fraud is a pervasive issue in the multifamily industry nationwide. Centralization in multifamily is most prevalent in administration, followed by leasing and maintenance. Shared services is a practical approach to centralization, allowing for consolidating administrative tasks, which can streamline processes and improve efficiency in the industry's tech stack. Tech acquisition in the multifamily industry is focused on rationalizing existing technology and eliminating overlap rather than reducing spending on technology. Revenue generation is a top priority in 2024, driven by the challenges of oversupply in many markets. Short-term rentals are gaining traction in the industry, with different models such as Airbnb-friendly apartments and lease arbitrage being explored. Data and analytics, particularly business intelligence, are becoming more mature in the industry, enabling collaboration and unlocking value. Innovation and best-of-breed solutions are gaining importance, with platform vendors making advancements and competing with best-of-breed software. The multifamily industry is experiencing a shift in focus towards revenue growth rather than just operating margin. Chapters 00:00 Introduction and Background 02:11 Overview of 20 for 20 06:30 Highlights of 2023 11:44 Centralization in Multifamily 27:23 Changing the Tech Stack 33:35 Tech Acquisition 41:16 Revenue Generation Opportunities 44:44 Short-Term Rentals 51:45 Data and Analytics 52:42 Innovation and Best-of-Breed Solutions 01:01:08 Revenue as the Top Priority Please like, comment, click the notification bell, and never miss an episode. If you haven't yet found your way to the Multifamily Media Network - check it out! www.multifamilymedianetwork.com and the YouTube channel by the same name. Find a wealth of high-quality free multifamily education available for your consumption. Grow your professional skill set and industry knowledge by listening to or watching this deep well of multifamily wisdom. #mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

In this enlightening episode of Multifamily Collective, join us to discuss the Management by Exception (MBE) concept, a pivotal strategy. With nearly 30 years of experience, our host, Mike Brewer, sheds light on how this approach can significantly reduce the operational overload of on-site and regional management teams, enhancing customer service and team motivation. Management by Exception is not just a methodology; it's a philosophy that leverages technology to pinpoint areas needing urgent attention. Focusing on critical, red-flagged issues and maintaining efficient communication can streamline operations, ensuring that properties perform at their peak. This episode is a must-watch for asset managers, property managers, and anyone looking to thrive in the multifamily industry through 2024's challenging market dynamics. Why You Should Watch: Discover how Management by Exception can transform your property management approach. Learn to set effective communication agreements to optimize property performance. Understand the importance of focusing on critical issues to save time and enhance team productivity. Visit us at multifamilycollective.com for more insights into multifamily property management. 👍 Like this video? Don't forget to subscribe and hit the like button to stay updated with our latest content designed to make you a multifamily management guru! Management by Exception, Multifamily Property Management, Asset Management, Team Motivation, Customer Service, Operational Efficiency, Property Performance, Multifamily Industry, 2024 Market Dynamics, Property Management Techniques #ManagementByException #MultifamilyManagement #PropertyManagement #AssetManagement #OperationalEfficiency #MultifamilyCollective #TeamMotivation #CustomerServiceExcellence #PropertyPerformance #2024MarketInsights#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

I try to turn every setback into a stepping stone, collecting failures like trophies from life's marathon. Here's why embracing the tiny lessons in adversity fuels our journey towards success. Welcome to the MultifamilyCollective, where we discuss the art of turning failures into foundations for future achievements. In today's video, we explore the unconventional approach of collecting rejections, failures, and adversities not as setbacks but as invaluable lessons and opportunities for growth. Just like prized medals from a marathon or a well-fought match, every challenge we face can propel us forward if we only learn to see them as such. Join us as we dissect how to transform every 'downside' into a personal and professional development data point. We're not just discussing failures in the abstract; we're talking about practical ways to incorporate these lessons into our lives, ensuring every step taken, even backward, moves us closer to our goals. Whether a missed target or an unachieved outcome, each experience is a goldmine for learning and improvement. Remember, failure doesn't define you; your resilience and ability to learn from it does. Embrace every lesson, filter out the noise, and harness the power of your experiences to forge a path to success. So, collect those failures, cherish those lessons, and let's accelerate our journey together. Remember to like, subscribe, and hit the notification bell to join our community of learners and achievers. Your support helps us bring more insightful content your way! For more wisdom, visit multifamilycollective.com. embracing failure, learning from rejection, personal growth, professional development, overcoming adversity, resilience, success strategies, life lessons, self-improvement #EmbracingFailure #LearningFromRejection #PersonalGrowth #ProfessionalDevelopment #OvercomingAdversity #Resilience #SuccessStrategies #LifeLessons #SelfImprovement #MotherFamilyCollective#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi

In this episode of Multifamily Collective, host Mike Brewer talks about the essence of growing your business by focusing on the growth of your people. With an emphasis on the critical role of delegation, Mike shares insights on the necessity of developing your team. Discover how manufacturing scenarios and stress testing your organization can prepare your team for any crisis, enhancing their ability to handle real-world challenges. From routine processes to unexpected crises, learn how to equip your team with the skills they need to thrive and drive your business forward. Mike Brewer of MultifamilyCollective highlights the 24/7 commitment required to cultivate a team capable of contributing to the advancement of your organization. Whether through standard operating procedures or crafted experiences designed to test resilience and problem-solving, this episode is a call to action for leaders to actively engage in developing their people for the betterment of their business. Don't miss out on this insightful discussion on leveraging your team's potential to achieve exceptional business outcomes. Remember, the growth of your people is the foundation of your business's success. 🔗 For more insights and resources, visit us at MultifamilyCollective.com. 👍 If you found value in this video, please LIKE, SUBSCRIBE, and SHARE with others who might benefit from this content. Mike Brewer, Multifamily Collective, people development, business growth, delegation, team building, leadership, crisis management, stress testing, professional development, organizational growth #MikeBrewer #MultifamilyCollective #PeopleDevelopment #BusinessGrowth #Delegation #TeamBuilding #Leadership #CrisisManagement #StressTesting #ProfessionalDevelopment #OrganizationalGrowth#mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi