Peter Lohmann's Newsletter - Issue #96

HUD Releases New Fair Housing Guidance for Housing Providers

I read this entire 24-page PDF last week, and it made me so angry I had to step away from my computer.

It’s actually difficult for me to rationally discuss this topic, so I’m not even going to try. Instead I recommend you read this guidance for yourself and draw your own conclusions.

If you are a housing provider of any kind (landlord, property manager, RE developer, REIT, etc) or your company does tenant screening in any capacity (eg you develop tenant screening software), you need to read this.

I would love to link out to a great summary or article with actionable takeaways. If you know of something like that, please let me know.

THIS ISSUE IS PRESENTED BY APPFOLIO

Understand Property Management in the AI Era

Artificial intelligence (AI) is revolutionizing the real estate industry at a rapid pace. To examine the current state and sentiment of AI in property management, AppFolio conducted over 20 hours of interviews with business leaders and team members, and compiled the findings into an in-depth report.  

By downloading the AppFolio Property Manager AI Report, you will:

• Gain a deeper understanding of the industry’s current progress towards AI adoption

• See how the latest AI technologies are being applied today

• Learn how AI will transform the future of property management

Discover how to effectively implement AI to achieve the best outcomes:

Growing to 2,000 units with Benton Moss

Last year, special guest Benton Moss joined me for Season 3, Episode 8 of my podcast!

We discussed:

• Benton’s background and career in property management

• Would he recommend buying an 1100-unit PM company with little to no experience?

• What software he’s implemented in the last 2 years since purchase

• How he processing work orders at this scale

• Prioritizing time

Check out the full episode below, on YouTube for the first time:

New Property Management Companies For Sale This Week

• Here is a vacation rental management company for sale in Sarasota County, FL (asking $625k)

• Here is an association management company for sale in Palm Beach County, FL (asking $250k)

• Here is an HOA & property management company for sale in Nevada (asking $500k)

• Here is an HOA & property management company for sale in Alachua County, FL (asking $800k)

• Here is a property management company for sale (asking $3.1M). Unclear if this is Dallas or Wisconsin.

• Here is an association management company for sale in Hawaii (asking $200k)

Industry News and Events

• I’m off in June, but expect a newsletter most weeks. I’ll be queuing them up ahead of time and jumping in just to add some news & events.

• AppFolio just announced a brand new industry conference called FUTURE. More info here — it’s this October, in San Diego.

• Wolfgang Croskey is hosting our monthly workshop without me in a couple weeks, but it should be a great one nevertheless. Register today so you don’t miss his update on AI in Property Management.

Closing Thought

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Stats from last week’s issue:

Valid Recipients: 9,511

Open Rate: 59.7%

Clickthrough Rate: 8.0%

Most Popular Link (173 clicks): Checklist of 60 modern luxuries for entrepreneurs.

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