Host Bob Preston engages in a dynamic discussion with Barak Shamir of Showdigs, shedding light on the challenges property managers face during the leasing season. This conversation not only helps property managers prepare for the busy season but also offers a solution by showcasing how Showdigs can empower them to optimize their operations. Barak elaborates on the various aspects of leasing efficiency and how Showdigs can be a game-changer in streamlining their leasing process.

Takeaways

• The leasing season brings increased turnovers, inspections, and showings.
• Inefficiencies in processes can lead to staff burnout and lost business.
• Showdigs can help property managers streamline operations.
• Consistency in inspections and reports is critical.
• Squatters pose a significant challenge for property managers.
• Preventing rental fraud is essential.
• Showdigs offers a pay-as-you-go pricing model without tiers
• Visit Showdigs at booth 605 at the NARPM Broker/Owner Conference in Amelia Island, Florida, April 16-18, 2024.

Chapters
01:35 Introduction of Barak Shamir and Discussion on the Leasing Season
04:30 Problems Faced by Property Managers During the Busy Season
14:25 Introduction to Showdigs and its Solutions
19:15 Showdigs Midroll Commercial
25:00 Consistency in Inspections and Reports
26:40 Dealing with Squatters
30:45 Preventing Rental Fraud
33:40 Summary of Showdigs Features
35:38 Pricing and Getting Started with Showdigs

Featured Sponsor: Showdigs
Tired of wasting hours stuck in traffic running between your properties? Showdigs can save you time and money without compromising your conversion rates. Learn more about the only all-in-one leasing software that can handle all of your fieldwork. Go to https://www.showdigs.com/pmb, fill out the form, and when you sign up for Showdigs, you’ll get to activate your first five properties for free.

Connect with Showdigs: https://www.showdigs.com/pmb

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.

In this episode, renowned property management expert Tiffany Rosenbaum and seasoned host Bob Preston delve into property management failures and entrepreneurs' struggles. Drawing from their extensive experience, they underscore the importance of learning from failures and mistakes encountered in the journey of growing businesses.

Takeaways

• Failures are part of the entrepreneurial journey.
• Self-doubt is common among entrepreneurs.
• Effective processes are crucial for success.
• Micromanagement can hinder the growth.
• Anticipating customer needs can set a business apart.
• Continuous learning and embracing struggles are essential.

Chapters
02:00 Introduction and Background
04:02 Importance of Discussing Property Management Failures
04:50 Struggles and Self-Doubt in Entrepreneurship
14:07 LeadSimple Midroll Commercial
17:20 Common Failures in Property Management
20:50 Implementing Procedures and Processes
28:30 Embracing Struggles and Continuous Learning

Connect Tiffany Rosenbaum:
https://www.linkedin.com/in/tiffany-rosenbaum-b8a75011b/

Featured Sponsor: LeadSimple
LeadSimple consolidates leads, process, and communication management – plus coaching, content, and best practices – into one easy-to-use platform for property managers and real estate professionals. We’ve simplified the complexities of
property management so our clients can now work on their business instead of on their business to achieve even more than they thought possible. https://www.leadsimple.com/

Our Industry Icon Sponsors supporting the show:
SureVestor (https://surevestor.com/)
Blanket (https://blankethomes.com/)
VPM Solutions (https://www.vpmsolutions.com)
RentScale (https://rentscale.com/)
APM Help (https://www.apmhelp.com/)
Upkeep Media (https://www.upkeepmedia.com/)
Second Nature (https://www.secondnature.com/)
zInspector (https://www.zinspector.com/)
Showdigs (https://www.showdigs.com)
LeadSimple (https://www.leadsimple.com/)

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.

In this episode, host Bob Preston and guest Dylan McGrath discuss how to prepare a property management company for acquisition, what is involved in the process, and various valuation models. If you have ever wondered what it would be like to sell your business and what steps would be involved, this episode is a must-listen!

Takeaways:

• Costs to engage a business broker
• Models for valuing a property management business
• Structuring of a property management business sale
• Due diligence and information exchanged

Chapters:
00:00 Introduction and Dylan’s background
04:54 Getting started in selling a property management company?
08:42 Fees paid to a business broker
12:14 Due diligence process and information exchanged
16:23 Valuation models for property management companies
21:11 Structuring the purchase arrangement: asset sale vs. stock sale
25:58 The current state of company valuations
32:05 Steps involved in closing the sale
46:49 Clawback provisions in an agreement
49:20 Closing comments and how to connect with Dylan

Connect Dylan McGrath: https://www.linkedin.com/in/dylanmcgrath

Episode 82 Featured Sponsor: RentScale
RentScale is the largest sales consulting and coaching company in the residential property management industry. Over 400 residential property management companies in North America have trusted RentScale to craft their custom sales playbook, install a repeatable selling system, and train their team to attract new property owners at profitable rates. (https://rentscale.com/)

Our Industry Icon Sponsors supporting the show:
SureVestor (https://surevestor.com/)
Blanket (https://blankethomes.com/)
VPM Solutions (https://www.vpmsolutions.com)
RentScale (https://rentscale.com/)
APM Help (https://www.apmhelp.com/)
Upkeep Media (https://www.upkeepmedia.com/)
Second Nature (https://www.secondnature.com/)
zInspector (https://www.zinspector.com/)
Showdigs (https://www.showdigs.com)
LeadSimple (https://https://www.leadsimple.com/)

Connect with Bob Preston
https://www.propertymanagementbrainstorm.com/

This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TuneIn, iHeart Radio and YouTube.