Competing Against 3% Management Fees with Todd Ortscheid

Special guest Todd Ortscheid joins us for Season 3, Episode 5 of Owner Occupied. In this episode we discuss: (00:00) Sponsor: ⁠⁠⁠LeadSimple (02:13) Introducing Todd and his career (02:39) Organizing a Property Management Company (11:59) Thoughts on management fees and PM pricing (18:21) Sponsor - Property Meld (19:50) Mergers and acquisitions in the industry (28:29) Todd’s experience building PM Assist and keys to client success (33:05) What is it like to be both a vendor and operator in the industry? (35:07) Selling your time vs. having automated company (36:55) Sponsor - ⁠⁠⁠⁠Second Nature (38:14) PM Assist’s new equity share offering (45:10) Automating management agreements (46:52) Under what scenario would you sell your management company? Learn more about Todd Ortscheid & how to connect with him here: Todd on Facebook PM Assist AlwaysThereRepair.Co PandaDoc Learn more about Peter Lohmann & how to connect with him here: ⁠⁠⁠Follow Peter on Twitter⁠⁠⁠ ⁠⁠⁠Join Peter’s Newsletter⁠⁠⁠ ⁠⁠⁠Visit Peter’s Website⁠⁠⁠ ⁠⁠⁠RL Property Management