#doorgrowshow - Property Management Growth

Are you aware of how much money you would need to protect and potentially replace all of the assets in the properties you manage? Join Jason as he chats with Aaron Lombardo from North Star Reserves about what a reserve study is, and how having one completed can benefit your property management business. You'll Learn... [01:21] Who is Aaron from North Star Reserves? [05:09] What is a Reserve Study? [16:30] What is the Difference Between a Reserve Study and an Inspection? [20:14] A New Concept: the “LIL Effect” [33:50] How to Stop Your Clients from Micromanaging You Tweetables “Property's easy to manage. People are tough to manage.” “Retaining a client, you're continually selling them on why they should be with you. It involves trust.” “One thing that property managers incur too much is blame.” “Each property is a business and it needs to be able to be maintained.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00

Has anyone ever told you that you need to implement more humor to grow and improve your property management business? Well today, property management growth experts, Jason and Sarah Hull are going to share why humor is an important tool when getting prospects to trust you and choose you over other management companies.  You’ll Learn… [01:26] Why we use humor to create trust [05:44] Mistakes happen… even in business [10:26] How humor and teasing can build rapport [13:45] How humor can be a sign of intelligence Tweetables “A lot of times, we take ourselves too seriously, and so we act too serious in our business, and when we're too serious, people are less likely to trust us.” “You have to be willing to not always look perfect.” “Even the best, smartest, fastest learning companies and people, they still make mistakes.” “It's okay to make mistakes because it happens to everyone, and it's okay also to ask people for grace.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub

One of the most complicated parts to navigate when you own a property management company is the different types of insurance and risk management you have to know and have.  Property management growth expert, Jason Hull brought on Calvin Roberts of Falcon Insurance to discuss everything you should know about insurance and risk management as a property manager.  You’ll Learn… [01:26] Introduction to Calvin and Falcon Insurance [05:46] Risk Management and Property Management [13:24] Holistic Risk Management Strategies [17:57] The Types of Insurance Coverage [25:25] Insurance Best Practices and Tips [29:56] Tenant Legal Liability Tweetables “It's the true risk management angle that I find to be sort of like chess. That's why I think it's interesting because one move counters another.” “It’s just making your rights known in the lease agreement that will hopefully alleviate the vast majority of instances like this before it could ever find its way to a courtroom.” “If you don't feel like you're progressing or movin

If you manage short-term rentals, you’re probably well aware of how stressful the process of giving guests a key, code, etc. can be.  In this episode, property management growth expert, Jason Hull talks with Bobby from Jervis, a company that allows property managers to automate code-sharing with smart locks and smart garage door openers and manage smart utilities remotely. You’ll Learn… [01:45] Introduction to Bobby Varghese [06:50] Smart Locks, Code Sharing, and More: Intro to Jervis [13:55] The Financial Benefits of Automation [19:25] Where to Get Smart Locks and Products [22:10] Navigating Technological Issues [24:20] Jervis for Long-Term Rentals Too! Tweetables “Trying to do it all means that you can never do everything correctly.” “What is your time worth?” “The biggest expense in the business really is almost all staff.” “So we would love to help see you grow and we would love to help get the systems in people in place on your team so that you can handle that growth.” Resources DoorGrow and Scale Master

We recently learned that most property managers have an awful profit margin in their businesses. If you struggle with profit in your PM business, you won’t want to miss this. Join Jason and Sarah Hull from DoorGrow to learn about how to improve your business, team, and profit margin by making small improvements with BIG impact. You’ll Learn… [01:18] Why do property managers have bad profits? [05:11] You need a better team [07:06] How do you know if someone is the right fit? [14:09] Deciding if YOU are in the right roles [18:10] Why you need a strategic planning system [22:57] How to fix your team Tweetables “If you have team members you don't feel safe giving up a chunk of your business to run for you, it's because they don't share your values. And if they don't share your values, you'll never trust them.” “It doesn't matter how many doors you have or how few doors you have, you can have a really bad profit margin.” “The average profit margin for companies in the 50th percentile is only 1%.” “The easiest low-

In this podcast episode, property management expert Jason Hull talks to Kal McDonough from True Submeter about how their product helps eliminate landlord-paid water usage and increase net operating income in rental units.  Kal explains how their product is different from competitors, how it works, and why property managers should consider using it to benefit both themselves and their clients. You’ll Learn… [01:18] Introducing True Submeter [04:06] A Submeter that uses WIFI? [08:48] Tracking Usage in Multi-Family units [10:24] Warranties and Replacements [11:25] Early Warning Systems and Alerts Tweetables “True Submeter eliminates a middle ground and coordination with the tenant and the city.” "We have finally developed a significant product that is used across the country to eliminate landlord paid water usage and increase net operating income in rental units." “A lot of owners are paying for their tenants' water usage.” “It also eliminates you having to kind of coordinate with the tenant, coordinate with the

Do you use a pitch deck when you’re selling to potential property management clients? If not, you might be missing out on more deals than you realize… Join property management growth expert Jason Hull as he dives into the reason why property management entrepreneurs should have a pitch deck/visual aid when selling to potential clients. You’ll Learn… [01:53] Why use a visual aid? [06:49] What needs to be in a pitch deck? [08:32] Creating a visual roadmap for clients [11:52] 10 tips for creating a pitch deck [17:09] More tips for sales in property management Tweetables “Businesses can't grow unless you're working on them instead of just in them.” “Now, in using visual aids, like in a pitch deck, having things that people can see, it will definitely help you increase your close rates” “You offer a really great service and you solve their problem, and if they don't understand that, they need to be educated on that.” “Your product really is your business. It's not property management. Your product really is your t

“Are you a property management business owner looking to stay ahead of the curve? Don't miss our latest episode where we revealed the top 10 ways AI is set to revolutionize the industry and how you can leverage it to improve your business.  From automated customer service to predictive maintenance, we've got you covered. Tune in now to learn more.”- This is a teaser written by AI for a podcast episode about AI… also written by AI. Phew! Join property management growth expert Jason Hull to learn more about AI like ChatGPT and how it could potentially impact the property management industry. You’ll Learn… [01:52] This episode about AI was written by AI [02:43] 10 ways AI and chatbots could impact property management [04:53] How I used AI to write this episode [08:36] AI assessment for HIRING [11:27] 10 ways AI can help single-family residential PMs [14:47] The future and impact of AI Tweetables “Could AI take over the world and is it the most dangerous thing since nuclear weapons? The answer is probably yes.” “

Too many property management entrepreneurs fail to realize the potential for technology to increase the operating margin in their property management business.  Property management growth expert Jason Hull invites Lindsay Liu to discuss how property management entrepreneurs can utilize technology to make their lives (and the lives of their tenants and owners) WAY easier by automating administrative tasks. You’ll Learn… [01:39] Meet Linday Liu, the Technology and Real Estate Investing Expert [03:42] The Ultimate Software for Multi-Family and Governance [08:13] Diving into the Features of Super [17:19] The Biggest Challenge in Property Management: TIME [22:00] How is Super different from Other Software? Tweetables “When I think about what makes the property management industry so challenging… time is your biggest premium.” “And at the end of the day, what are people best for? Dealing with the human side of things.” “It's better to be extremely good at a small number of things than it is to be mediocre at a wide

At DoorGrow, we have made some MASSIVE changes to our coaches and programs with even more to come! In this episode, Property Management Growth Expert Jason Hull shares some recent additions and big changes in his life as well as in the business. You’ll Learn… [01:22] Personal updates from the host [06:54] Meet the DoorGrow team and what they do [15:36] The NEW coaches we’re bringing on [18:07] We cracked the code: the DoorGrow Code [23:36] PR: the new property management growth hack [27:26] The DoorGrow SUPER SYSTEM! (5+ systems in one) Tweetables “We are definitely not immune to the struggles that entrepreneurs go through.” “Sometimes there's just some stuff holding people back, and I find mindset is the best thing that I can help clients within the program.” “I want to create this community. I want to impact the industry positively.” “The property management industry has a couple of major challenges at the present. The biggest challenge is the awareness challenge.” Resources DoorGrow and Scale Mastermind Do

Leasing is one of the hardest aspects of property management. What if you had a way to offload some or all of your tasks related to leasing? Today, property management growth expert Jason Hull chats with Ben from Sunroom. This service allows property managers to offload leasing to leasing professionals who care about property managers, owners, and tenants. You’ll Learn… [01:26] Offloading Leasing: What is Sunroom? [09:01] ShowMojo, Tenant Turner, vs. Sunroom, oh my! [016:35] Better ways to do Property Showings [020:23] How Sunroom Vets Tenants Better [24:21] Integrating with Other PM Software  [31:30] Net Promoter Scores for Property Management and Leasing [37:12] Learning to LET GO as a PM Entrepreneur Tweetables “Some of y'all entrepreneurs are control freaks. Let's be real, and you need to let go of some of this stuff and let somebody else do it a little bit better.” “We have a lot of egos as entrepreneurs. We think our way is the best way all the time, and we need to see that maybe somebody else could do

Entrepreneurship is difficult, and entrepreneurs tend to be very hard on themselves. Sometimes this stems from a lack of confidence or belief in themselves. Property management growth expert Jason Hull and Sarah Hall, COO of DoorGrow share some of the valuable nuggets of wisdom they learned from Jamie Kern Lima, the CEO of IT Cosmetics and the author of Believe It. You’ll Learn… [03:35] The Frameworks of Belief [07:35] How to Handle Rejection and “No”s [10:26] The Problem with Hiding in Plain Sight [14:32] Dealing with Criticism and Doubters [20:51] “God doesn’t call the qualified. He qualifies the called.” Tweetables “Just because it's a closed door, it's probably closed for a reason. It's not the right door. So just keep going until you find the right one because it will happen.” “So believe in yourself, believe that you're worthy.” “It's not until later in life that you realize you want to be different and you want to be weird and you don't want to fit in. You don't want to be the same as everybody else.”

Are you comfortable with the number of doors you have in your property management business right now? Are you comfortable with the amount of tasks you have on your to-do list? You can be comfortable, OR you can be winning.  In this week’s podcast episode, property management growth expert Jason Hull explores the concept of the comfortable PM entrepreneur and the winning PM entrepreneur. You’ll Learn… [01:20] What does it mean to be comfortable in your business? [03:31] Growing and moving toward the Four Reasons [06:37] How to become the WINNING property manager [14:04] Making big shifts and hitting big goals [16:44] The things you will gain from being a winning entrepreneur [21:44] How to step into being uncomfortable Tweetables “You are not meant to be mediocre. You're not meant to be the comfortable property manager. You're meant to be the winning property management entrepreneur.” “You're going to need to step into the pain, step into the fear, step into all the stuff you've been avoiding, the discomfort,

I just got back from an awesome coaching conference at Funnel Hacking Live 2022! I’m armed with so much knowledge and want to share some of that new knowledge with you. In this episode, property management growth expert, Jason Hull, describes a concept introduced by Russell Brunson at Funnel Hacking Live: the Drifting vs. the Driven. You’ll Learn… [01:48] What it means to be drifting [04:31] How to escape being a Drifter [06:44] Shifting out of FEAR and moving toward FAITH [8:59] The importance of your effort matching your goals [11:17] How finding a coach or mentor can change your business and your life. Tweetables “A lot of you don't need more dollars. You need more freedom and fulfillment in your life. That's why we want the dollars.” “You can't build a multimillion-dollar company with a $2 'why.’” “You're probably feeling the call to do something more, do something greater, but you're avoiding it.” “You cannot have an extraordinary business with an ordinary goal in life.” Resources DoorGrow and Scale Mast

Wouldn’t it be nice if you could sleep at night knowing that you don’t have to worry about pests in the properties you manage? In this episode, property management growth expert, Jason Hull interviews Nick Drzayich from Cover Pests to learn about dealing with pests in property management. You’ll Learn… [02:00] Cover Pest… It’s like Insurance for Pest Control [03:59] Dealing with Pests as a Property Manager [07:48] Dealing with the Different Kinds of Pests [13:13] How Partnering with Something Like Cover Pest Works [16:02] Eliminating Having to Figure Out Who is Gonna Pay the Bill [17:15] Using Pest Coverage as a Selling Point for Property Management Tweetables “We want the tenants to feel good about where they live and have it clean. We also want the owners to understand that their property's being taken care of when it's needed.” “It's nice for the property manager to have someone else get some eyes on the property every once in a while.” “It's increasing the visibility. It's decreasing some of the potential

Wouldn’t it be nice if you could eliminate the majority of all sales follow-up and get a higher close rate? There is a way to almost completely eliminate the need for following up in sales. In this episode, property management growth expert, Jason Hull, the founder and CEO of DoorGrow, spills the secrets to eliminating follow-up in property management. You’ll Learn… [01:12] Eliminating the Biggest Time Suck in Sales [02:41] Always Schedule the Next Interaction [07:23] What to do When You Get Resistance [09:30] Getting Follow-Up Permission [11:54] Giving Leads an “Out” [13:00] Collapsing Time in Sales Tweetables “Wouldn't it be great if you could eliminate the majority of all that follow-up and get a higher close rate.” “The only reason you need to follow up with people is because you failed to schedule the next interaction.” “The way to eliminate follow-up altogether is to not have to not have to follow up. It's scheduled already.” “Eliminate the need for follow-up by always, always, always schedule the next

Everyone on Earth has the same amount of time… the same 24 hours in a day, the same 7 days in a week, the same 365 days in a year. I hear the excuse of not having enough time from property management entrepreneurs all the time. The truth is… this is just a myth. Join property management growth expert, Jason Hull as he debunks the myth of not having enough time in your property management business. Learn how to take the time you have and utilize it effectively in this short episode. You’ll Learn… [01:14] The Excuse of Not Having Enough Time [02:41] You Have the Same Amount of Time as Everyone Else… Take Control of it [05:37] Entrepreneurs Want MORE Than just More Money [06:48] Figure out: What are Your True Priorities? Tweetables “Supporting others and contributing to others is its own reward in life.” “If you're not getting the results that you want, that's evidence that you're not spending your currencies-- probably especially time and focus-- on the right things.” “Time is, I think the most valuable, but fo

Almost everyone loves a good game with high risk and high rewards. Owning a business is the ULTIMATE high-risk, high-reward game. If you are currently avoiding taking risks, you are avoiding playing the game… this means also avoiding the rewards! Today, property management growth expert, Jason Hull explores the idea of “playing the game,” finding hope and faith to play the game, taking risks, and finding rewards.  You’ll Learn… [01:11] Business is a Game + Why Change is Necessary [07:12] Feel the Fear and Do it Anyway [10:21] How and Why YOU are in Control of the Game [11:30] Why we Ask our Clients to Do Uncomfortable Things [13:40] Lessons Learned from Our Live Events [16:17] A Program Designed to Help You WIN the Game Tweetables “If your goals don't scare you a little bit, they're not big enough.” “It actually gets easier the bigger you get and the more doors you have if you do it the right way.” “Business is the ultimate game.” “Every good thing that's ever come to you in your entire life came as a result

Do you enjoy your day-to-day in your property management business? At DoorGrow, we want to help our clients build a business that you COULD sell for a seven-figure exit… but you won’t want to. This is the goal of our newest program, Built to Sell. In this episode, property management growth expert, Jason Hull shares the 90-day Rapid Revamp program as part of our new Built to Sell program. Learn how you can completely transform your business from sales and prospecting to branding and websites in just 90 days. You’ll Learn… [01:16] The First DoorGrowLive Event in 4 years [02:28] Building a Business you Could Sell but Won’t Want to [07:13] An Opportunity to Coach other Property Managers [10:38] Week by Week Overview of the Rapid Revamp Program [26:26] What Does the New Program Cost? How Does it Work? Tweetables “Sales and deals happen at the speed of trust.” “Culture dictates how you hire and who you hire and who you're able to attract. Culture dictates how you sell and it dictates your sales pitch and how you c

At DoorGrow, we aim to expand the property management industry and help the best property management entrepreneurs win. We love gathering new strategies and ideas to help savvy property managers grow their businesses. In this episode, property management growth expert Jason Hull interviews Tommy Chambers from Chambers Theory about the secret to his success. You’ll Learn… [02:08] The Secret Power of Trust Equity for Improving Churn Rate [08:59] Keeping on Clients… Even When they Don’t Really Need You Anymore [15:09] Benefitting Homeowners and Investors with Ongoing Management [21:02] Why Recognizing Your Team Matters [26:07] Systems Every Business Should Have [31:23] The Importance of Establishing Company Culture Tweetables “It's not just about growth. It's also about keeping the ones you have and the clients you have satisfied. So our strategy has been to take care of our people.” “If your churn rate is high, that means you then have to replace all the doors you are losing every single month. If you're replac