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- Peter Lohmann's Mailing List - Issue #67
Peter Lohmann's Mailing List - Issue #67
New 1099 Rules, How to Get Started with LeadSimple, Crane Update
You Must E-File Your 1099s This January
Heads up! The IRS released new guidance in February, but somehow this slipped under everyone’s radar including mine.
It used to be that if you only had to e-file 1099s if you had more than 250, but they lowered the threshold to 10!
Read more here on the IRS website.
Property managers are required to issue 1099s to every property owner and vendor, so if you previously did this manually, get ready to e-file in early 2024.
I’m curious how many of you are already e-filing… please answer this poll:
PM Company Owners: Did you E-File your 1099s in January of this year? |
I’m Hiring A Business Development Manager!
RL Property Management is looking for a high-performance salesperson.
Are you a networking all-star who loves helping people? Do you have a passion for real estate or property management? Do you have at least 3 years of professional sales experience?
If you are a fast learner, naturally empathetic, love people, and want to take accountability for the growth of a high-performance local business focused on customer success, I want to talk to you.
New Article: How to Get Started FAST with LeadSimple
I get a lot of questions from people who need help with LeadSimple process/workflows. Some of them already purchased the software but got stuck implementing, and others just don’t even know where to begin.
[LeadSimple is a workflow tool + CRM that integrates with Buildium, AppFolio, PropertyWare and other property management software. It helps you streamline and automate your core processes, and provides a live dashboard.]
I decided to write a comprehensive article that summarizes my recommendations and best practices. It includes screenshots and walks you through creating and running your first process.
Read the article on my website and let me know if it was helpful.
This week’s issue is sponsored by: Second Nature.
The Triple Win Leadership Xchange for Broker/Owners is on Nov 21st! Here’s the scoop:
Jam-Packed Learning: Get ready for a half-day online conference like no other! Second Nature has lined up an incredible agenda featuring industry experts and special guest Cameron Herold, the 'COO Whisperer,' who played a pivotal role in 1-800-GOT-JUNK's phenomenal growth.
Connection Opportunities: Breakout in conversation with fellow property management professionals, exchange ideas, and expand your network during our networking sessions.
Early Registration: Spots are limited due to the interactive format, so secure your spot early. Don't miss this exclusive opportunity to elevate your property management game!
Charity Impact: Plus, with your $29 registration fee, you'll receive a FREE hard copy of Vivid Vision by Cameron Herold, and 100% of your purchase goes to NARPM's charity initiatives. It's a win-win-win!
Join us on November 21 from 1:00 PM to 3:30 PM Eastern. Let's level up your property management business together. Don't wait—register now and be part of something extraordinary!
An Update on Crane
Crane, the new private community for experienced property management business owners, is thriving. We recently did an in-person meetup at the NARPM conference in Atlanta:
Crane member meetup at Atlanta, October 2023
And here’s a screenshot from back-end of our community showing some recent popular discussions:
And here are some member stats:
Membership is currently closed, but we plan to re-open in December for a very short window. Add your email here to be notified when we open applications.
Industry News and Events
I’m jumping behind the mic with Wolfgang Croskey to bring you real-world applications for AI in Property Management, and there have been some amazing advances we’re excited to share with you. You know Wolf - he’s got some crazy stuff cooking. We’re going to show off all of it. Register here to get the recording (or watch live).
Buildium has released their 2024 Property Management Industry Report. Get your copy here.
Sales Mastery Live (Allbound Conference) from RentScale - December 4th in Austin TX (the day before the LeadSimple user summit). I’ll be there!
PM Systems Conference - January! I’m speaking. This is a great alternative if you didn’t snag a ticket to the LeadSimple conference. Use code Peterrocks for $100 off.
Closing Thought
A truism of service businesses:
Every concession you make for your customers lowers your overall customer service by the complexity of the concession.
— Chris Munn (@chrisxmunn)
3:50 PM • Oct 20, 2023
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I have one property management coaching slot open right now. Grab time here to chat with me & learn more.
That’s all for this week! Have a great weekend. -Peter
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