Peter Lohmann's Newsletter - Issue #157

Rental Registration Laws Must Be Stopped. LeadSimple Names New CEO

Author

Peter Lohmann
September 12, 2025

A no-fluff weekly publication for the property management industry.

LeadSimple CEO Jordan Muela Steps Down

LeadSimple's CEO Jordan Muela is stepping down to pursue other opportunities. Jordan has had a huge impact on me both personally and professionally, and I know others feel the same. I would NOT be who I am, nor where I am today, without Jordan. He provided feedback and frequent encouragement as I was just getting started with this newsletter (less than 50 subscribers).

In addition to co-founding LeadSimple, Jordan also co-founded ProfitCoach, RentScale, and PM Grow, as well as co-authored several groundbreaking industry reports. His impact looms large.

Jordan Muela and the author at RL Property Management’s office in Columbus, Ohio

LeadSimple is in great hands with Chris Winn at the helm as CEO. I've gotten to know Chris over the last year and watched him rebuild their product & engineering team practically from scratch. Chris has a HUGE vision for LeadSimple and how to drive value for their customers. I continue to be LONG LEADSIMPLE as a customer, investor, and consultant (you're shocked, I know).

Congrats to Jordan on an amazing 14-year run, and I can't wait to see what he gets up to next! 👀 

Watch Jordan's "Passing the Torch" interview here.

THIS ISSUE IS PRESENTED BY UTILITY PROFIT

Does PeterBot Recommend Utility Profit?

This week's newsletter is sponsored by Utility Profit, but instead of a normal ad, they asked PeterBot (my AI clone that's trained on everything I've said and written) what it thinks of them:

Honestly? That’s exactly how I’d put it.

Utility Profit is free to use, and you can try it out right now. Just enter one of your real property addresses here, and they’ll send you the verified utility providers, plus a preview of how the whole process works for both tenants and your team.

No signup. No fluff. Just a super practical tool that does what it says.

How do you really keep vendors accountable?

Vendor relationships are a big part of property management, but they’re not always easy. How do you know if pricing is fair? How do you keep contractors accountable? When should you repair vs. replace an appliance?

That’s why I brought on Valeria Urcuyo for my latest podcast. Val is VP of Operations at Appliance Repair Professionals, a nationwide company serving property managers in 40+ states, all while running the business from Nicaragua.

We cover how she manages hundreds of subcontractors, why diagnostic fees can be a trap, and how her team vets technicians for quality. Val also shares leadership lessons - earning the trust of her company’s owners, scaling without losing culture, and wisdom passed down from her mom’s career managing Taco Bell franchises.

If you’ve ever struggled with vendor reliability, repair costs, or building a strong team, Val’s story is full of takeaways. Check it out:

(You can also listen on Apple Podcasts or Spotify)

Crane Applications Open in Two Weeks

Crane is the industry’s premier private mastermind community for PM business owners with over 150 doors under management.

I’m pulling back the curtain on Crane and making several huge announcements during our first-ever Crane live event, coming up on September 30th.

New Property Management Companies For Sale This Week

  • Here is a property management company for sale in El Cajon, CA (asking $600k)

  • Here is a property management company for sale in Santa Clara County, CA (asking $2.2M)

  • Here is a property management company for sale in Fontana, CA (asking $350k)

  • Here is a property management company for sale in New York, NY (asking $3.5M)

This section is sponsored by Rentvine. Stop paying extra for your property management software. With Rentvine, every feature is included. No paywalls, no hidden fees, no surprises. One simple price. Contact for fall promos.

Industry News & Events

  • Pest Share closed a $28M Series A funding round this week.

  • MagicDoor property management software closed a $4.5M Seed round.

  • The city of Oakland has sued Maisel Property Management and 5 of their clients, alleging they violated the city’s tenant protection, tenant move out and just cause for eviction ordinances.

  • The city of Clearlake, CA has passed a new rental registration & inspection law. These are popping up everywhere and must be stopped! My own city of Columbus is on the verge of passing one. They are unconstitutional. An Ohio city’s law was recently overturned and is turning into a class-action lawsuit.

  • See you at MX Summit next week???

Closing Thought

A few quick things before you go…

  • Last week’s issue went to 20,719 readers (58.8% opened, 4.3% clicked)

  • The most popular link was my brand new AI clone, PeterBot (try the audio version!) (161 clicks)

  • Want to start your own newsletter? I use Beehiiv and highly recommend it.

  • Interested in sponsoring this newsletter or my podcast? Message me.

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Software I currently use to run my property management company:

Note: These are all affiliate links.

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.