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Profitable Property Management Podcast
Registrace 22. 10. 2018
Welcome closers! The Profitable Property Management Podcast is the show for property management entrepreneurs who don’t settle for average results. Your host Jordan Muela, Co-Founder of LeadSimple, interviews a new world-class property management entrepreneur or industry expert every week and gets them to share actionable insights to help you grow your property management empire.
Whether you manage 100 units or 1000, this is the show that's going to help you see the big picture and give you the tools and tactics that you need to achieve your goals.
So, if you're tired of hearing the same recycled strategies and content everybody else is talking about, this is going to be a fresh take to help you take your business to the next level.
Whether you manage 100 units or 1000, this is the show that's going to help you see the big picture and give you the tools and tactics that you need to achieve your goals.
So, if you're tired of hearing the same recycled strategies and content everybody else is talking about, this is going to be a fresh take to help you take your business to the next level.
From No Money to 500 Properties: The Rosenbaum Realty Story @rosenbaumrealtygroup7403
Welcome Closers! In this revealing episode of the Profitable Property Management Podcast, Jordan sits down with Tiffany Rosenbaum, Co-Founder of Rosenbaum Realty Group. Discover the resilience story of Tiffany's ascent in the property management industry, from overcoming financial adversity to managing a portfolio of 500 properties. Tiffany shares invaluable insights into leadership, the benefits of a global team, and the importance of maintaining a growth mindset. Join us as we delve into the heart of property management success and learn how resilience and strategic planning can pave the way to a flourishing business.
00:00:26 - Introduction of Tiffany Rosenbaum
00:00:46 - Rosenbaum Realty Group's current business scope
00:01:37 - What drives Tiffany's passion for property management
00:02:00 - The story of starting in real estate with no money
00:04:05 - The first major client and business growth
00:05:17 - Leadership lessons and the importance of hiring the right team
00:06:55 - Embracing a global workforce for greater efficiency
00:09:06 - Building a unified team culture remotely
00:11:12 - Critical role of process management in operations
00:14:13 - The significance of people operations in company growth
00:19:24 - Auditing processes and compliance for continual improvement
00:21:23 - Financial health and cash flow optimization strategies
00:23:19 - Evolution of quality of life through business growth
00:27:12 - Personal reflections on resilience and agency
00:32:09 - The value of relationships and personal growth in business
Links 🔗
🌐 rosenbaumrealtygroup.com
🔵 Rosenbaum-Realty-Group-404578259566829
⚫ rosenbaumrealty
If you found value in today's episode, please like this video, subscribe to our channel, and hit the notification bell to stay updated on our latest content. Share your thoughts and experiences in the comments section below-we'd love to hear from you! Join our community on Facebook to connect with like-minded individuals and gain more insights into the property management industry.
📘 Newsletter muela.ck.page/profile
🌐 Website www.profitablepropertymanagement.com/
🔵 PPMpodcast
00:00:26 - Introduction of Tiffany Rosenbaum
00:00:46 - Rosenbaum Realty Group's current business scope
00:01:37 - What drives Tiffany's passion for property management
00:02:00 - The story of starting in real estate with no money
00:04:05 - The first major client and business growth
00:05:17 - Leadership lessons and the importance of hiring the right team
00:06:55 - Embracing a global workforce for greater efficiency
00:09:06 - Building a unified team culture remotely
00:11:12 - Critical role of process management in operations
00:14:13 - The significance of people operations in company growth
00:19:24 - Auditing processes and compliance for continual improvement
00:21:23 - Financial health and cash flow optimization strategies
00:23:19 - Evolution of quality of life through business growth
00:27:12 - Personal reflections on resilience and agency
00:32:09 - The value of relationships and personal growth in business
Links 🔗
🌐 rosenbaumrealtygroup.com
🔵 Rosenbaum-Realty-Group-404578259566829
⚫ rosenbaumrealty
If you found value in today's episode, please like this video, subscribe to our channel, and hit the notification bell to stay updated on our latest content. Share your thoughts and experiences in the comments section below-we'd love to hear from you! Join our community on Facebook to connect with like-minded individuals and gain more insights into the property management industry.
📘 Newsletter muela.ck.page/profile
🌐 Website www.profitablepropertymanagement.com/
🔵 PPMpodcast
zhlédnutí: 378
Video
Balancing Profitability & Passion: Sarah Hatch's Formula for Success
zhlédnutí 431Před 5 měsíci
Welcome Closers! Property management pro Sarah Hatch, Founder and Owner of Hatch Property Management and Sales, joins the show to share her inspiring journey from commercial real estate to building her own boutique residential firm. Hear how Sarah transitioned her skillset and leveraged her passion for hands-on troubleshooting to create raving fans in the D.C. market. Chapters: 0:00 Introductio...
200th Episode: Data Driven Process Design with Daniel Craig
zhlédnutí 633Před 5 měsíci
Welcome Closers! In the 200th episode, Jordan and special guest Daniel Craig, Chief Strategy Officer at ProfitCoach, dive into the evolution of the property management industry & discuss their journey together from inception of ProfitCoach to today. They run it back to 2017, sharing the challenges of data standardization in property management and the development of the national benchmarking st...
80 to 1400 Doors in 3 Years: How To Grow Fast with Mike Mefferd at @bridgestreampm
zhlédnutí 465Před 5 měsíci
Welcome Closers! In this episode, Mike Mefferd, CEO of Bridgestream Realty, shares his journey of scaling to 1400 units in just three years. Discover the strategies behind successful acquisitions, the importance of local connections, and how to maintain a strong company culture during rapid growth.
Building A Powerhouse Brand with Gwenn Aspen from @Anequim
zhlédnutí 162Před 6 měsíci
🔗 Anequim - anequim.net/ Gwenn's Website - gwennaspen.com/ Welcome Closers! In this episode of the Profitable Property Management Podcast, Jordan Muela talks with Gwenn Aspen, CEO Of Anequim, about her transformative journey from running a successful property management company to founding Anequim, a company that specializes in providing remote professional services for the property management ...
Building a Property Management Legacy: Taylor Haas's Journey
zhlédnutí 161Před 6 měsíci
Welcome Closers! In this episode of the Profitable Property Management Podcast, Jordan sits down with Taylor Haas, the dynamic Director of Operations at leading property management company Colorado Realty & Property Management. Taylor shares her inspiring journey from receptionist to director, highlighting the challenges she’s overcome and the strategies that have contributed to her success. Sh...
The Power of Relational Banking in Property Management with Allison DiSarro
zhlédnutí 298Před 6 měsíci
📘 Newsletter muela.ck.page/profile 🌐 Website www.profitablepropertymanagement.com 🔵 PPMpodcast 🔗 www.enterprisebank.com 🔗www.leadsimple.com Welcome Closers! In this engaging episode of the Profitable Property Management Podcast, host Jordan Muela delves into a captivating discussion with Allison DiSarro of Enterprise Bank & Trust, revealing the profound impact of relational banking...
Learning to Love Marketing with Mike Lautensack from @DelValRealtyPropertyManagement
zhlédnutí 140Před 6 měsíci
📘 Book www.landlordsecretsbook.com 🌐 Website www.delvalproperty.com 🔗 Linkedin www.linkedin.com/in/michellautensack 🔵 delvalproperty 📷 delvalproperty 🔗 DelValProperty1 Welcome Closers! Join host Jordan Muela in this fascinating episode of the Profitable Property Management Podcast as he interviews Mike Lautensack, the founder of Del Val Realty and Property...
43 Years & Counting: How To Stay in The PM Game & Keep Winning
zhlédnutí 136Před 6 měsíci
43 Years & Counting: How To Stay in The PM Game & Keep Winning
10 to 1100 Doors: Leadership Secrets for Sustainable Growth
zhlédnutí 194Před 7 měsíci
10 to 1100 Doors: Leadership Secrets for Sustainable Growth
From Feeling Trapped to Mapping Your Tasks: Core Processes for 50-200 Doors with Kristen Lopez
zhlédnutí 188Před 7 měsíci
From Feeling Trapped to Mapping Your Tasks: Core Processes for 50-200 Doors with Kristen Lopez
The Future of Rental Applications With Grace Doering
zhlédnutí 170Před 7 měsíci
The Future of Rental Applications With Grace Doering
2023 Recap of The Profitable Property Management Podcast
zhlédnutí 34Před 7 měsíci
2023 Recap of The Profitable Property Management Podcast
Transitioning Out After 40 Years in Property Management - Bob Machado's Exit Story
zhlédnutí 216Před 7 měsíci
Transitioning Out After 40 Years in Property Management - Bob Machado's Exit Story
Building A Community for Growth-Minded Property Managers
zhlédnutí 141Před 8 měsíci
Building A Community for Growth-Minded Property Managers
Regulating Resident Experience: Transparency and Choice with Thad Tarkington
zhlédnutí 97Před 8 měsíci
Regulating Resident Experience: Transparency and Choice with Thad Tarkington
Getting to Stable at 700 doors: How Luke Street Transformed His Business
zhlédnutí 210Před 8 měsíci
Getting to Stable at 700 doors: How Luke Street Transformed His Business
600 Doors in a Year - The Inside Story with Yoni Schmidt
zhlédnutí 237Před 9 měsíci
600 Doors in a Year - The Inside Story with Yoni Schmidt
How to Think About Growth Strategies in PM
zhlédnutí 148Před 9 měsíci
How to Think About Growth Strategies in PM
Stop Unit Churn By Selling To Other Owners - Meet Blanket
zhlédnutí 127Před 9 měsíci
Stop Unit Churn By Selling To Other Owners - Meet Blanket
Process Automation For the Masses w/ Todd Ortscheid
zhlédnutí 191Před 9 měsíci
Process Automation For the Masses w/ Todd Ortscheid
Creating Standard Operating Procedures that Actually Work with Kelli Segretto
zhlédnutí 190Před 9 měsíci
Creating Standard Operating Procedures that Actually Work with Kelli Segretto
Benchmarking Maintenance Stats to Drive Investor Retention with Ray Hespen
zhlédnutí 140Před 10 měsíci
Benchmarking Maintenance Stats to Drive Investor Retention with Ray Hespen
How to Systemize and Scale a Property Management Business with Sarah Durbin
zhlédnutí 267Před 10 měsíci
How to Systemize and Scale a Property Management Business with Sarah Durbin
Building Technology That Aligns With Your Business Model with Chuck Hattemer
zhlédnutí 88Před 10 měsíci
Building Technology That Aligns With Your Business Model with Chuck Hattemer
Marco Nelson On Solving The Trust Gap Between Property Managers And Tenants
zhlédnutí 242Před 11 měsíci
Marco Nelson On Solving The Trust Gap Between Property Managers And Tenants
From 100 to 4000 Doors in 5 Years - Scaling a Property Management Empire
zhlédnutí 990Před 11 měsíci
From 100 to 4000 Doors in 5 Years - Scaling a Property Management Empire
The state of Venture Capital In Property Management
zhlédnutí 382Před 11 měsíci
The state of Venture Capital In Property Management
Changing the Narrative Around Complaints
zhlédnutí 34Před 11 měsíci
Changing the Narrative Around Complaints
The conversation of automation was interesting. I think AI will become the answer to that problem.
Such a great interview. Thank you for providing this information!
I love this content! The videos jump straight into the interview, which are laid back and easy to follow.
Great episode! cheers
I am signed up with Blanket. I believe Lior is on to something and this is going to be huge!
Jordan does a great job asking high quality questions. You can tell Yoni is passionate about what he does and shared some great stories about how to ramp up.
I appreciate you sharing your thoughts on this subject. As one who went through this in a company you mentioned in this podcast, I could not agree with you more! What's happened in the last 8 months (and just this week) are continuing to validate your opinions on this topic.
You end your show with a profound question. What is the wedge between property managers and owners. The answer is simple although the solution may be elusive. As owners we see property management as expense and necessary evil rather than a way to save money and a profitable alternative to self management. We want to feel that a property manager is trying to make our properties (our businesses profitable). Merely one example is when I acquired a new property and reluctantly hired my property manager of my other two properties to also take on this new one. I told him I anticipated possible challenges with tenants I inherited when I purchased. I thought he would appreciate the "heads-up" and advise me of ways to mitigate my concerns Instead he advised me that he was amending the property management agreement such that his rent fee would be guaranteed even if there was a problem with the inherited tenants. I other words he wanted to make sure he would be paid even if I was not. I have many other examples. The point is property management must convince owners (through actions not merely words) that their interest are aligned.
23 years and a 1B+ in 'for rent' real estate in commercial and MF--find another management firm. Immediately. Agreeing to their fees DOES NOT assume excellence.
Thank you for sharing this inspiring journey, Jordan and Tiffany! Such valuable insights into resilience and strategic planning in property management.
Property managers are the devil.
Discover how to harness high agency, turning what might seem like setbacks into opportunities for growth. Ready to turn your "complaints" into actionable change? Watch now and unlock the potential within! czcams.com/video/86BGeNZIgpE/video.html #Empowerment #ChangeYourMindset #PersonalGrowth #HighAgency
Nobody's gonna like😢😢😢😢😢😢😢😢 for you sorry
👀 What's your top strategy for tackling the day's most crucial tasks? Share your tips and tricks for staying on top of everything in the fast-paced world of property management! Let's learn from each other and make every day a winning one! 🏆 #PropertyManagement #WinningTactics #DailySuccess
I am very frustrated with my property manager. I feel he has little concern for the profitability of my properties and through his comments makes it clear that the profitability of his business is paramount.
Two champions of our industry right here! I’m lucky to call both of them friends and confidants. Very excited for Season 2.
Amazing! Amy Hanson
💥Absolutely Brilliant Your performance that's why I'm Appreciate You 👌
Great podcast! Thankyou for the content
Great job guys!
Hey, that’s my Broker! Great interview 👏 #teamHRG
📺 Watch Full Episode - czcams.com/video/1zxGsVaEvj8/video.html
Findigs is great and innovation on fraud detection is so helpful.
Great interview from a living legend!
Enjoyed the part of talking about the enjoying journey and not just the ultimate end goal !
Great content. Keep it up!
Doing more with less. Strong operation mind. Appreciate you Peter!
If you run a discounted cash flow analysis on the net present value of per management contract that has a 20% probability of selling the home at the end of the relationship with a $10k commission, you want the customer to stay the shortest time possible and sell the home... Not what I thought I was getting into when I opened my PM business... The highest value to the business is transacting, not staying forever. Not what I expected...
Benton is the integration/automation whiz in Property Management
Smart
Great stuff. Love the honest content
Thanks, Jordan. Always valuable. Sherry, Sand Dollar Property Management
Congrats to Ben!!!
This was another great one. I would love to find Pam the EOS implementor.
This was another great interview! I recently found your channel and have been consuming lots of the content. I think it would be super interesting to dive a little deeper on the numbers. What are PM’s Cost Per Acquisition on different lead channels? Radio, AdWords, CZcams etc. It also might be a great opportunity for you to show how Lead Simple was able to help reduce there CPL and CPA. How are companies compensating each role? Base pay, commissions etc. Keep up the good work! These are just some selfish suggestions.
Check out the most recent NARPM Financial Performance Guide - www.narpm.org/docs/NARPM_FinancialPerformanceGuideOverview.pdf
Hey Jordan. I'm very interested in networking with you and your guests. I have a property management company in Myrtle Beach and I am looking to scale BIG. Thanks for you in advance.
Shoot an email to jordan@leadsimple.com
Excellent overview of what is currently going on with VC rollups in the property management arena. Great insights into some of the misunderstandings and/or miscalculations involved. Perfect for a podcast because it left me wanting to hear more... Well done. Thanks!
Glad you enjoyed it!
Heeeeeey Chuck! Great episode guys!
👍
Carla's story is a testament to hard work and determination. Her advice on overcoming challenges and embracing change is invaluable. Kudos to the podcast for bringing such a seasoned pro on board!
Well said!
Great episode thank you for sharing!
Great interview!
Another good one!
Thanks for listening
leveling up on these reels!!
I loved this podcast. Do you have any indicators that you would suggest to someone when they should sell their management company? When would I know to sell? Obviously excluding burnout and just wanting to be done and an owner operator.
Thank you Jordan for your insight on how the VC model compares to what we have going on. Keep the podcasts coming! Would love to hear you speak on expanding into parallel industries. That is something you know a lot about. We are considering breaking off our maintenance team into its own company and expanding that, or maybe buying into a landscaping company or maybe we purchase property that our company manages? I get "buy what you know", but how well do you need to know it is my question? What advice do you have for us?
Personally I've always defaulted to wallet expansion as long as I actually understand the adjacent business and have conviction that it's needed. Maintenance is challenging because of how competitive the baseline of vendor markup is. i.e. if you can get 10-20% markup without operating the biz it makes it much less attractive to ingest the whole thing for a small bump to the bottom line.
Watch full episode⬇️ czcams.com/video/kUOdmiAstfQ/video.html
Life is an infinite game, and the most meaningful experiences come from taking risks, betting on ourselves and each other, and achieving something bigger than a paycheck. #infinitegame Watch Full Episode: czcams.com/video/3AyPI6LoQGM/video.html
Nice work David! Fully open API is a must-have. It's hard (read: impossible) for a PM software to maintain best-in-class for all the different functions we need in the business. The humility and wisdom to share openly is a must-have to build the best product. Nice work!!
Totally agree!
Ownership. We can fully own expanding our circle of influence. That's the space where highly effective people invest their time. That's the leverage. I don't 100% control anything outside of me but I have ever-increasing influence. Also I can keep looking for the right people, the right relationships that most closely align with my values and purpose and as I find more and more of these people, our combined efforts grow exponentially. This is how we impact the world. Let's go Jordan!!
Surround yourself that share your belief system - that's the shortcut to staying in the right state of mind.
What a wonderful interview! Especially as a female entrepreneur. I'll have to save this to finish watching later. Thanks for sharing.
Maranda is a baller and great example for the industry :)