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- Peter Lohmann's Newsletter - Issue #129
Peter Lohmann's Newsletter - Issue #129
Deadline for Deal Submission, Long-Form Property Management Content
Long-Form Written PM Content
I’ve been really excited to see some new long-form written content (what we used to call “blogging”) from around the property management industry lately. I’m defining “long-form” as anything more than a couple paragraphs on a subject which the author has first-hand knowledge of.
The startup world has always had a culture of writing and there’s no reason we can’t do the same in property management. It makes no sense for all of us to reinvent the wheel each time we come up against a challenge in our business. Let’s write down what we’re up to, what works, what doesn’t work, and move forward together faster, as a group!
I’ve been writing articles on my blog for many years now, even before starting this newsletter. Here’s some more writing that has caught my eye recently:
Strategic PM magazine (sign up for the print edition)
Todd O’s Substack (paid, but worth it)
Showmojo’s newsletter (some emails are marketing)
RentEngine’s newsletter (some emails are marketing)
Are you writing about property management? Please let me know!
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Deadline to Submit Your PM Acquisition/Sale Details
I’ve received around 25 submissions from property management company owners willing to share the details of their purchase or sale of a PM book of business (or entire company).
There’s enough data now to draw some pretty clear conclusions about the current valuations we’re seeing in the market for property management companies.
If you haven’t yet submitted your recent deal (last 2-3 years), I’ve set a deadline of March 25th. Anyone who gets their data in by then will receive a copy of the initial report for free.
I started putting together my initial findings and there are already some really surprising results. I’m really excited to finish this and make it available to the industry. I’m planning to release updates every 3 to 6 months, depending on deal submission volume. All submissions are confidential and “for my eyes only.” The report will only have aggregated data. -Peter
New Property Management Companies For Sale This Week
Generously sponsored by Live Oak Bank’s property management lending team! Join their NARPM webinar on 3/13/25, Financing Your Growth: SBA Loans & Creative Deal Structuring. Register Now!
Here is an HOA management company for sale in San Antonio, TX (Bexar County) (asking $50k)
Here is a property management company for sale in Chicago, IL (Cook County) (asking $500k, 100 units)
Here is a property management company for sale in Branson, MO (asking 700k)
Here are some property management accounts for sale in Bay Area, CA (asking $1.1M, 100+ accounts)
Here is a property management company for sale in Charlotte, NC (Mecklenburg County) (asking $1.3M)
Here is a property management company for sale in Mohave County, AZ (asking $600k).
Industry News & Events
Second Nature just opened up their VIP registration for NARPM broker/owner. This is always worth doing; I just signed up.
Registration is open for Rentvine’s user conference in May.
You may have noticed the number of google reviews on your business page suddenly dropped early this week. Google confirmed this was a bug and I’ve heard reports that it was corrected yesterday.
Closing Thought
You are probably extraordinary at *something,* and if you are not using that thing in your work...your work will not reflect the potential you have.
— Dr. Julie Gurner (@drgurner)
4:53 PM • Feb 12, 2025
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P.S. Did someone forward you this email?
Stats from last week’s issue:
Valid Recipients: 15,211
Open Rate: 63.1%
Clickthrough Rate: 4.2%
Most Popular Link (124 clicks): A Conversation with Housing Economist & PM Trends Co-Author Jay Parsons
The content of this newsletter is for informational purposes only and does not constitute professional advice. I may have consulting agreements with, or financial interests in, companies mentioned in this newsletter. Additionally, some of the links included in this newsletter are affiliate links, meaning I may earn a commission if you make a purchase through these links. Always perform your own due diligence before making any financial or business decisions.