Intro: Michael Monteiro the CEO and co-founder of Buildium & his team put together a survey of over 1,000 property management companies. Buildium is one of the simplest and most intuitive tools available to residential property managers. Get a copy of the report and follow along with us as we dig through it:
Scroll to the end of this post to find links to the various resources that were mentioned.
Insights you will gain (grab a pen & paper and take notes!):
- Get to know Michael and hear what motivated him to start Buildium 11 years ago.
- Pricing your property management services & why you want to avoid pricing low if you want to grow.
- Getting very clear on your ICP (Ideal Customer Profile), what sort of clients & properties you want to take on… and how that affects whether or not you get noticed.
- Firing clients as a strategy for growth.
- How knowing the biggest pain points of your target market (property owners) helps you target them effectively and provide the right services.
- The importance of accuracy (doing what you say) availability (being available) & communication as a way to stand out in your market.
- The best ways to get leads & grow your business, including diversifying your methods & marketing channels.
- Why property managers fail with internet-based leads, even though they do well with word of mouth leads.
- Hiring good people is one of the biggest challenges for property management business owners.
- Controlling vs. inspiring your team.
- Financial incentives don’t work to inspire better performance from your team.
- The importance of clarity on your values, systems, processes, & purpose so your team stays aligned with your vision.
- 4 steps to creating a healthy organization.
- Financial incentives aren’t effective at motivating your team.
- & more!
Resources Mentioned
All links open in a new window…
- Software: Buildium 14-Day Free Trial
- Free Report: “The State of the Property Management Industry 2015” by Buildium
- Video: “4 Steps to Escape the Property Management Cycle of Suck” by DoorGrow
- Book: “The E-Myth Revisited” (on Amazon)
- Book: “The Advantage” (on Amazon)
- See Future episodes of the #DoorGrowShow: Follow Jason Blab (click link, then click Follow)
4 Ways We Can Help You Get More Clients, More Freedom & More Money
1. Watch Our DoorGrow Training on 7 Different Growth Engines To Get Leads & Add Doors
Learn how we are so successful at rapidly scaling property management businesses by getting them free leads...
2. Join the #DoorGrowClub Facebook Group for PM Entrepreneurs
Join our amazing Facebook community where PM business owners support each other, we do valuable live streams, and provide useful resources. Get a series of free gifts for joining like the Fee Bible, PM Vendor list, and other useful resources in the group.
Be sure to JOIN THE GROUP HERE & answer all questions to gain access to this exclusive club for PM business owners.
3. Get Your Tickets to DoorGrow Live™ - Our In-Person Event!
Come feel the momentum and see why DoorGrow property managers are crushing it. Your business will be the sum of the PMs you are connected to. So come connect with the best & learn how to get to the next level of the DoorGrow CODE™.
Learn About DoorGrow Live & Get Tickets
4. Get a Scale Roadmap Session with an Expert Coach
And if you ever want to get some 1:1 help, we can jump on the phone for a quick call, and brainstorm how to get you more leads, increase profits, and make the business easier, less stressful, & more efficient.
Just grab a time here: https://drgrw.com/start