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- Peter Lohmann's Mailing List - Issue #19
Peter Lohmann's Mailing List - Issue #19
I'm back! Rent control BANNED in Ohio?
Ohio Bans Rent Control Statewide
Signed into law a couple weeks ago. Good to see my state of Ohio passing common-sense laws like this, and I love Jay Parsons' take on it:
Pet peeve: Lines like this have become standard in rent control articles. Of course "landlords" oppose it. That's stating the obvious.
More importantly, economists of all political stripes widely oppose rent control b/c it backfires on its own cause.
cincinnati.com/story/news/202…
— Jay Parsons (@jayparsons)
10:11 PM • Jul 6, 2022
I'm Back To Work!
After 5 weeks off (including a 3-day sailing trip in Maine) and no-contact with my company RL Property Management, I'm back in the office this week. I wrote about some lessons learned on Twitter:
9. Don't rush to solve minor problems that pop up in your life. Otherwise, your schedule & priorities will be dictated by the mistakes & errors of other people. "Your lack of planning does not constitute an emergency on my part."
— Peter Lohmann (@pslohmann)
2:58 PM • Jul 5, 2022
New Podcasts (skip if you hate podcasts)
I appeared as a guest on the excellent 300 to 3000 podcast, hosted by Matthew Whitaker and Spencer Sutton of Evernest. Had a great time talking with them about building an audience, marketing your property management business, building an email list, brand strategy, and more. Evernest manages over 7,000 units and I interviewed Matthew on my own show a few weeks ago.
Just released yesterday - new episode of my show Owner Occupied. This week I spoke with Brandon Laughridge, owner of North Terrace Property Management (manages approx. 1500 units). Brandon and I spoke in depth about his purchase of the business with an SBA loan, tuck-in acquisitions, nuances and valuable work-arounds when dealing with SBA loans, SMBash, and managing & investing in boutique multifamily property.
HoldCo Conference
I'm attending the HoldCo Conference in Cleveland later this month - will you be there? Reply and let me know if so! If you're not sure if HoldCo Conf is for you, go here to read about it. Hosted by my friends (and fellow Ohioans) Kelcey Lehrich and John Wilson, it should be a blast.
And if you decide to register, use code PETER for $500 off your ticket. Hope to see you there!
-Peter
Closing Thoughts
The people who rise aren’t always the most talented or capable - but they are fueled by Self-belief.
That they can take on what comes.
That they’ll figure it out.What contributes to self-belief? Grab a notebook, and see where you might be stuck...or get your fuel. 1/
— Dr. Julie Gurner (@drgurner)
12:44 PM • Jun 18, 2022
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This newsletter is sponsored by the Owned and Operated Newsletter. John Wilson writes a weekly newsletter all about running, growing, and acquiring small businesses. If you enjoy what I write, I have no doubt you’ll love his newsletter. My favorite recent article? The Real Cost of Doing Business: Opportunity Cost. Thank you to Owned and Operated for sponsoring this issue of Peter Lohmann’s Newsletter.