Peter Lohmann's Podcast

Peter on The Profitable Property Management Podcast hosted by Jordan Muela   Engineering & Optimizing Property Management w/ Peter Lohmann In this episode we discuss: From engineer to entrepreneur, Peter applies his systems and processes thinking to his property management business.  What Peter loves about starting and growing a business? He says you're constantly at the limit of you...

Season 2, Bonus Episode of the Owner Occupied podcast with Peter Lohmann & special guest Andy VandenBerg. In this episode we discuss: (00:00) - Intro (01:45) - Why Andy wanted to interview Peter (03:39) - Peter’s relationship with his business partner & hiring a COO (05:11) - How did the idea for this time off come about and what did you need to do in order to pull it off? (09:19) - Was th...

Season 2, Episode 6 of the Owner Occupied podcast with Peter Lohmann & special guest Lisa Wise. In this episode we discuss: (0:00) - Intro (01:52) - Lisa’s background & career (03:34) - Launching Birdwatch as property management for homeowners (08:44) - What’s your pricing model for a homeowner? (11:47) - Why did you move into a new market with a new product before your traditional managem...

Season 2, Episode 5 of the Owner Occupied podcast with Peter Lohmann & special guest Brandon Laughridge. In this episode we discuss: (00:00) - Intro (02:15) - Brandon’s background & Career in Property Management (08:36) - Setting the stage for the non-traditional turn in Brandon’s career (17:22) - How does your business look today and how involved are you in the day-to-day? (19:55) - Brand...

Season 2, Episode 4 of the Owner Occupied podcast with Peter Lohmann & special guest Jeremy Pound. In this episode we discuss: (00:00) Intro (01:20) Jeremy’s background and career (05:26) The importance of narrowing your focus and the Market-Focus Paradox (10:39) The Woodchip analogy for sales (18:49) Immersing yourself in the industry and community of your customer (27:00) How do you view sal...

Season 2, Episode 3 of the Owner Occupied podcast with Peter Lohmann & special guest Matthew Whitaker. In this episode we discuss: (00:00) Intro (01:35) Matthew’s background and career (03:53) Taking a Property Management company to multiple locations (09:26) How important are your systems and processes in enabling management across multiple markets? (13:49) How would you approach process issu...

Season 2, Episode 2 of the Owner Occupied podcast with Peter Lohmann & special guest Jordan Muela. In this episode we discuss: (00:00) Intro (01:24) Jordan’s background & career (03:15) What is it about Property Management that drew you into the industry? (06:49) How does one coming from VC get so passionate about SMB? (10:23) Is there a place for VC in Property Management? (15:36) Moving...

Season 2, Episode 1 of the Owner Occupied podcast with Peter Lohmann & special guest Moses Kagan. In this episode we discuss: (00:00) Intro (01:02) - Moses’ background in RE (02:21) - The value of working with large 3rd party clients for property management & how Moses built his portfolio (09:07) - The 3rd party management tax (14:58) - Moses’ unique investing value-add approach (22:04) -...

Episode 20 of the Owner Occupied podcast with Peter Lohmann. In this episode we discuss: (00:00) Intro (01:09) How long did it take you to set up your processes & what was the worst thing that happened when you did not already have a process in place when trying to deal with an issue?  Who is tougher the landlord or the tenants? (07:25) How has the idea of adding value to every interactio...

Episode 19 of the Owner Occupied podcast with Peter Lohmann. In this episode we discuss: (00:00) Intro (02:38) What processes agreements client betting etc. have allowed him to increase the stickiness of revenue per door of his customer base. (06:47) How does a property management business increase the multiples on its earnings?  (12:12) Can you describe your greatest challenges facing on wor...

Episode 18 of the Owner Occupied podcast with Peter Lohmann.  In this episode we discuss: (00:00) Intro (02:03) Kevin's Background  (06:38) Zillow & Airbnb  (12:02) Things Zillow & Airbnb Can Enforce  (20:22) Referral Fees, Buyers Broker & Commission (32:23) A Well Functioning Market Place (41:00) Real Estate Not Being a Inflation Hedge (50:33) What is Inflation? (5...

Episode 17 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (02:30) Digital Overview (05:30) Mike's Background (09:19) Size of 30 Lines (13:30) How do you approach Marketing a Property?  (16:34) Painting a Picture  (18:51) Power of Branding  (27:40) How do you put together a tactical puzzle for your Clients? (34:05)...

Episode 16 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (03:55) Communication Issues  (11:54) Fees (18:39) Vacancies  (36:58) Large Expensive Repairs (43:50) Accounting Clarity  --- Russell Lowery is a political puzzle solver. He runs a California based public affairs company highviewstrat.com . You can also con...

Episode 15 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (02:13) Residential Property Management - Third Party  (09:14) Why is VC Money Interested in Residential Property Management? (16:41) What the Pain Point for the Owner is  (20:20) How much Venture Capital Activity is there in my Industry? (25:17) What is a Maste...

Episode 14 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (03:28) Developing & Growing Leaders  (03:58) Scaling & Growing your Company  (07:04) Adding Value & Reaching Goals (11:20) Breaking Down adding Value in Relationships (17:30) How do you sync up Someone's Ambition? (19:30) Where Individual Approach i...

Episode 13 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (02:30) When should you hire someone vs using software & automation? (08:41) Onboarding new clients can be very disruptive (09:47) Project-based businesses vs ongoing/reactive businesses (11:20) RL Property Management is hiring for director of maintenance (15:30) What...

Episode 12 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (01:54) Peter bought a flex office/warehouse for his company (06:57) Uses for & desirability of warehouse space (12:54) Revenue opportunities for property management companies (16:10) When is the right time to explore new business opportunities? (18:40) Domain-specifi...

Episode 11 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss:  (00:00) Intro (02:46) Twitter, how we started with it & how we use it today (09:55) Setting notifications as a way to learn about a subject (13:43) Adding value to other people's tweets (15:28) Lead gen using twitter - finding prospects (19:37) Solving problems for Amazon mil...

Episode 10 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (01:26) The importance of hiring (06:26) Two book recommendations (08:04) Finding a business framework that works for you (11:49) Russell's strategy at his new printing company (12:36) The Ivy Lee method for selecting todo items (15:45) Selecting operational todo items vs...

Episode 9 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (01:49) John's origin story (05:21) How John thinks about KPIs for his business (07:43) John reviews his weekly KPI sheet (10:10) How did John learn about KPIs? (12:50) Discussion about SGI & trade groups (16:42) What does it mean to adopt a business system? (20:03) Va...

Episode 8 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro (01:40) Asset management vs property management (PM) (07:09) How clients typically evaluate property managers (07:48) Institutional owners separate asset mgmt and PM (08:47) Sub-intuitional owners combine asset mgmt and PM (10:39) Owners expecting too much of property mana...

Episode 7 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro  (02:23) Screening tenants is tricky business  (05:38) Housing discrimination / fair housing  (07:22) Housing voucher program (section 8) (09:50) Section 8 inspections & issues (12:13) Source of income (SOI) discrimination protection laws (15:44) Dispara...

Episode 6 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: (00:00) Intro. KPI = Key Performance Indicator (02:34) KPIs & how we use them in our business (04:54) How to improve growth using KPIs (08:03) Property management top 5 KPIs / L10 scorecard (12:12) Creating a culture of accountability to the KPIs (14:40) How to benchmark your KPIs &...

Episode 5 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss: -A property management acquisition deal that fell through for Peter -Russell has 2 potential deals, he talks about the risk with each one -What multiple should you pay for a small business? What are the various considerations that go into a multiple -Why did Peter lose his property mana...

Episode 4 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery.  In this episode we discuss Peter's top 5 early mistakes when starting and growing the property management company in the early days:  1) Too slow to operationalize the sales process. Sales cures all - it should be handled just as rigorously and professionally as ops. 2) Asking how do I get paid instead of ask...