Peter Lohmann's Mailing List - Issue #71

Property Management News & Expert Commentary

I’m not the only one writing about residential property management. I recently updated the Property Management Twitter list!

 Click here to follow it and get access to a carefully curated group of real estate operators and property managers chatting about our industry on X (Twitter).

They chat about other things too, of course. But this is the group of individuals most actively discussing property management that I can find after being active on the platform for many years.

By the way, I recently crossed 20k followers there. Follow me if you want to hear more of my day-to-day observations.

Quick Poll

Could you do me a 2-second favor and click an answer below:

Thanks!!

For those who don’t know, NARPM stands for the National Association of Residential Property Managers — basically our industry’s trade group.

(By the way, if you own a property management company but are not familiar with NARPM, I highly encourage you to consider joining. It’s one of the best investments I’ve ever made as a business owner.)

This week’s issue is sponsored by: Property Meld.

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Included in Property Meld's Ai Communication Suite:  

• AI Translate will break down significant language barriers and enable residents and vendors to speak in eight native tongues while communicating seamlessly. Envision a world where coordinators, residents, and vendors of different backgrounds converse with the perception of universal language.

• AI Message Assist enables any maintenance professional to sound like they spent hours sculpting the perfect and professional message within seconds (regardless of how frustrating a situation might be).

• AI Summary will digest all the amazing communication Property Meld facilitates into a bullet point read. Imagine looking like a wizard to your boss or investor.

The Suite will be available to all standard package Property Meld customers on December 15, 2023. Schedule a demo today to see this powerful tool in action!

I’m Back from LeadSimple University & RentScale’s Sales Mastery

What a week!

It was fantastic meeting and reconnecting with so many of you, and these conferences blew me away with the quality of their content and attention to detail.

I was honored to kick off LeadSimple’s first-ever user conference with a 40-minute keynote discussing how to create processes that people actually want to use. Watch this space for access to the recording!

Were you feeling FOMO this week? Get on next year’s LeadSimple conference waitlist right here.

More of my thoughts and takeaways next week.

Industry News and Events

• I missed it then, but about a month ago Yardi announced the elimination of all ACH rent payment fees. Interesting reactive move by them.

• 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. Will sell out soon!

• Here is a PM Company for sale in New York State (Asking 650k).

• Here is a Vacation Rental Management Company for sale in New Mexico (Asking 1.7M).

Closing Thoughts

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That’s all for this week! Have a great weekend. -Peter

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