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    Business

    The Profitable Property Management Podcast

    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 and PM Grow Summit, 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.

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    Latest Episodes:
    58: Eric Wetherington on The Discipline of Profit Sep 19, 2018
    Show notes

    Today I'm talking with Eric Wetherington, the director of New Heights Property Management, the only certified residential management company in South Carolina.

    Eric is also the current President-Elect of NARPM after serving as the South East RVP and National Treasurer.

    After spending about 20 years in the business, Eric has started, acquired or managed dozens of companies and has built an incredible base of knowledge.

    Eric's a sharp entrepreneur and in today's episode, you're going to learn how he made the move from operator to the owner and how mindset shifts and strategic thinking can help you do the same.


    57: From 0 to 22,000 doors in 10 years - The Renters Warehouse Playbook Sep 12, 2018
    Show notes

    Today I'm talking with Kevin Ortner, the President and CEO of Renters Warehouse, which currently manages 1400 investors across 22,000 residential homes in 42 markets in 25 states.

    Kevin is a lifelong entrepreneur who got his start in business in early age, printing greeting cards at home and selling them door to door. Got to respect the hustle.

    He's also got a background in aviation, earning his pilot's license at 17. He started a flight school in college, and eventually got his start in real estate as a way to spend his downtime in between flying corporate jets.

    Today, we're going to hear about Kevin's path moving from Renters Warehouse's first franchisee in 2010 to now acting as CEO of the company.

    So if you're interested in better understanding the playbook that Renters Warehouse has been executing, this is the interview for you.


    56: Steve Welty on Playing the Long Game for Success Sep 05, 2018
    Show notes

    Today, I'm talking with Steve Welty, the owner of Good Life Property Management, which is based in sunny San Diego.

    After selling his share in another property management firm in 2013, Steve started Good Life with the goal of providing the highest level of customer service and experience in the industry.

    Pretty lofty goal, isn't it?

    Today, we're going to talk about what he does to actually lean into that. We'll cover Steve's journey and how the business is set up and designed to serve him and his goals while still driving incredible results for his customers.

    I have known Steve for quite a few years now. I think he's a visionary, and from a mindset perspective, we're very much on the same frequency.

    If you enjoy this episode, please head on over to iTunes and leave us an honest review. The more reviews means better guests, which means a better podcast.


    55: Denny Miller on Strategy from the Ground Up Aug 29, 2018
    Show notes

    Today, I'm talking with Denny Miller, the broker and co-founder of Zenith Property Management, which specializes in managing single-family homes in and around Vancouver, Washington.

    I've known Denny for three years and have always thought of him as somebody who is very sharp. A true hustler. Today, we're going to dig into the weeds of the intentional playbook that he is running within this Vancouver market.


    54: Luke Eddinger on Maximizing Your Fees and Profit Aug 22, 2018
    Show notes

    Today, I'm talking with Luke Eddinger, the Director of Robert C. White & Company, a residential property management company in Connecticut, focused on SFH primarily. A little bit of a mix of other property types as well.

    In today's episode, we're going to talk about what it looks like to make a dramatic shift in business and how to get intentional about driving profit. Luke shares lessons to help you understand what is possible with focus and intention around turning a business from low-profit into a cash machine.

    Luke was one of the folks that we had participate in the financial benchmarking study that was facilitated by Profit Coach and there's a great story here, so we're going to dig right into it.


    52: Andy Moore on How to Maximize Your Profit Aug 15, 2018
    Show notes

    Today I'm talking with Andy Moore, the CEO of Gulf Coast Property Management, which has served thousands of Florida owners since 2003.

    Andy is a long time client, friend, and consummate hustler. In today's episode you're going to learn about Andy's unique approach to running a profitable business, how this strategy helps Gulf Coast get ahead, and how you can use some of these ideas to improve your own property management business.


    53: Aaron Marshall on Making the Case for Franchising Aug 08, 2018
    Show notes

    Today I'm talking with Aaron Marshall, the CEO and Co-Founder of Keyrenter. A low-overhead, high profit technology-based property management business and franchise.

    They're now one of the leading players in property management franchising, and they're trying to use strategic thinking and cutting edge tech to deliver a better service to more owners.

    In today's episode, you're going to hear a little bit about Aaron's unique approach to building a profitable franchise, and how you can think more like a strategist.


    51: Cornering the Market in a Small Town with Sarah Laidler Aug 01, 2018
    Show notes

    Today, I'm talking with Sarah Laidler, managing broker at Accolade Property Management, based in Ellensburg, Washington.

    Prior to working in single-family, Sarah's background was in the multi-family side, where she managed over 1000 apartment units.

    In today's episode, you'll learn how Sarah grew her property management company to 500 doors in a town of less than 20,000 people resulting in her company managing over 10% of all available rental properties. If you're in a smaller metro, learn how you can have an outsized presence in a very small market.


    50: Growth Strategies From a Sales Focused Founder with Steli Efti Jul 25, 2018
    Show notes

    Today, I am talking with Steli Efti, the CEO of Close.io, the inside sales CRM of choice for startups and SMBs.

    Steli has over 20 years of experience in sales and entrepreneurship and has trained thousands of founders, sales directors, and sales reps to build sustainable and predictable revenue through sales.

    He's also a mentor and advisor to many early-stage entrepreneurs as well as a fellow podcaster with his own show, which you can find at TheStartupChat.com.

    In this interview, we're going to talk about how to think about growth and how to approach it within your own business.


    49: Steve Crossland on How to Operate a Low Effort, High Profit Company Jul 17, 2018
    Show notes

    Today, I'm talking with Steve Crossland, the owner of Crossland Real Estate Team, a local team in Austin, Texas working with Keller Williams.

    Steve has built a profitable property management company, and the reason I wanted to have him on the show is that he is known for having some clear constraints and parameters of what he is optimizing for.

    Steve is pretty much the opposite of one of these guys that's trying to get to 10,000 doors at all costs. He's running a clear, tight playbook and there's a level of intentionality around balancing profit and growth that I want to tease out and discuss on the show.

    So this should be an exciting episode for anybody that is managing less than 500 doors and is kind of wondering, "Do I need to – do I have to grow? Can I be profitable where I'm at?"

    If you want some more clarity around those types of issues, then this should be the episode for you.


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