Podcasts about zumper

How does proptech differ for asset classes depending on the customer needs and expectations? Has AI adoption and development todate been more front-of-house or back-of-house? Why are American management consulting firm jobs so sought after by recent university graduates in the UK? What was it like working on a consulting engagement for the 2012 Summer Olympics in London? How did experiencing corporate bloat while on engagements as a management consultant translate into a bias for operating very lean at Zumper? What led Anth to explore entrepreneurial ideas around real estate and technology? Why is hiring the first technical team member so difficult for a non-technical founder? What lessons did Anth learn about online marketplaces from studying the success of Craigslist? Why is it important to make sure you are building a business based on a full solution and not just a feature? What are some brutal learnings for the early GTM efforts of Zumper? Why is professionalization of multi-family still in its early days with lots of innovation still to happen? What consumer AI usage change is now emerging with ChatGPT's recent rollout of real-time web crawls?Anthemos Georgiades - CEO and co-founder of Zumper, joins Proptech Espresso to answer these questions and discuss the difficult evolution he had to work through as a startup CEO once Zumper crossed the $10M ARR level and why this critical leadership change is something that isn't taught at business school. 

Keith discusses the shift from a six-figure to a seven-figure income being necessary for a comfortable lifestyle and argues that a $5 million net worth is a minimum for financial security. He explains the benefits of leveraging a car loan for arbitrage, using a 3.99% interest rate to invest in real estate with a 20-25% total return. He also discusses the current state of the real estate market, noting that home prices and rents are expected to increase by 3-5% annually. Lower mortgage rates could increase affordability and bring more buyers into the market, potentially leading to higher home prices. Two-bedroom rents have increased by 3.7% nationwide, with significant growth in Nebraska metros. Resources: Get our wealth-building newsletter free— text ‘GRE' to 66866 Show Notes: GetRichEducation.com/548 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold today, why earning a seven figure income is the new six figures? Then a discussion on the direction of real estate prices and rents. I just bought a car though I could have paid all cash. Why did I get a loan instead? Then learn about how to perform due diligence on buying an income property with the pros and cons of turnkey real estate investing and the mistakes you must avoid today. On getricheducation.   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show, guess who? Top Selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from the first State of Delaware to the 50th state of Hawaii and across 400 nations worldwide. I'm Keith weinholden. This is get rich education, the voice of real estate investing Since 2014 Are we really gonna change the name away from the Gulf of Mexico? Well, I'll tell you one thing. There is zero history of hurricanes in the Gulf of America, therefore, I expect the appropriate adjustment to my insurance premiums big savings. Hey, you know, despite being a geography guy, I'm really not emotionally invested in this movement to change the names of giant pieces of real estate like Denali back to Mount McKinley and the Gulf of Mexico to the Gulf of America. It's only a little interesting to me. I mean, there are just more significant things to concern oneself with. So call it either one. I don't care. I know what you're talking about. Before we talk real estate, let's discuss your personal finances. I recently watched Dr Steven Franson speak surfacing this topic, and it got me thinking, when it comes to annual income, is you earning seven figures like the new six figures. Now, I guess that earning six figures could still be a short term goal to some people that are new to the working world, but maybe as little as a decade ago, having a six figure income was aspirational, or even a sign that you made it, or could even feel wealthy. I remember that today that is so far gone. Now, of course, it depends on where you live, but today, you need 50k just to survive. Your housing would be pretty standard in that case, and I don't know that you could get much fresh, healthy food at 50k per year, you might still have to be living with your parents. You need 100k just to sort of live. Perhaps that's if you're single and you're near the coasts, or you're married without children today, you need 200k for a life with travel and some dining out. I mean, you couldn't really even ball out on your vacations, like on 200k you're gonna balk at 500 bucks a night for a resort hotel. I mean, you're staying at more of a hotel than a resort, but at 200k of income, you can usually do some discretionary spending. At 300k in a lot of places, that's what a full family needs, a household with kids in order to live a little bit beyond that, and that's a combined income both spouses. If you make 450k today, now you're able to travel pretty well. You're probably still flying coach more than first class at 450k you may or may not be paying for the airline lounge, but you are staying at some comfy hotels. You really need to make $1 million a year today to live pretty close to all out fly first class travel well. But you're still flying commercial on a million dollar salary. You're not chartering anything. If that has not bought you time to cook, you can afford an executive chef with a million dollars so that you don't have to eat restaurant food. You know, restaurant food, even at finer restaurants, is laced with seed oils. This is why what used to be a six figure lifestyle is now a seven figure lifestyle. My spin here on this also is whatever you do at any income level, 50k a year to a million bucks a year or more, buy enough time to exercise that's something that's going to matter both to you and to those that you love over the long term. All right, so that's income. How about when it comes to net worth? There is a minimum amount in my mind that you need to have in net worth for me to say that you've got it made in America today. What do you think that number is? How about that? What do you think is the threshold? What's your thought? It is $5 million that is just a starting point, a minimum net worth that you need, if you just invested that you could probably live off its income for the rest of your life. For most people, compound interest will not get you to the $5 million net worth Mark anytime soon. Only leverage will. But yeah, after the COVID induced wave of inflation years ago, you've gotta recalibrate what you think of as a lot of money, and some people haven't caught up with this still. Now, I was on that great riverboat tour of Chicago not long ago. I think I brought this up to you in a previous episode, but you know, one thing that struck me as odd was that the tour guide, he was describing Chicago skyscrapers and the architecture around us, and he said they poured millions into that project. I mean, really emphasizing that millions were spent. I mean, today millions can mean as little as 2 million. That's an amount so tiny today for a construction project that what is that like, four average homes would be $2 million I mean, some entire counties in the Bay Area have a median home price of more than $2 million just one mediocre home. So let's talk about the direction of home prices and rents nationally here. Now I do not think that home prices or rents can really climb a whole lot over the next year, like 10% appreciation. I don't see it now. I also don't see how home prices and rents could fall substantially. The reason that prices cannot spike dramatically, it's still due to an affordability constraint, and I don't expect that prices or rents are going to fall a good bit either, or really fall significantly at all, because housing demand still exceeds supply. So that's the constraint on the downside. Really, nothing has changed there. The average for sale home today, it gets between two and a half and five offers that obviously depends on the area, so you keep seeing both prices and rents increase at this range of three to 5% that's the zone that we're in now, and we've been in that zone for most of the last Two years. Really pretty modest, not exciting, appreciation rates. Zumper tells us that two bedroom rents are up 3.7%   nationwide. Rents have actually declined in some Sunbelt cities, Durham, North Carolina and Nashville are some big losers I was describing Austin to you a few weeks ago. Do you know that two national leaders in rent growth are both in the same state. Yes, these two cities are both up more than 20% in rents year over year. It's in the Midwest. Any idea where I'm talking about it is Lincoln and Omaha, Nebraska both up over 20% and perhaps recent GRE listener guest grant Frankie is happy about that. He's the only person I know that invests predominantly in Lincoln, and this is due to strong job growth and also that supply that still hasn't kept up with demand. Now back to my point about how nationally, both rent growth and price growth are still pretty modest, which is still a highly profitable formula for a leveraged investor that bought right But historically, it is kind of boring. Many believe that as soon as mortgage rates fall sharply, and a lot of surveys show this, if. That five and a half percent is the magic mortgage rate level that will increase affordability so much that home prices will soar. I'll tell you my spin on that is maybe even that remains to be seen from listening to me for 10 and a half years now, you know that the direction of the economy has a substantial effect on housing, rents and prices, a force bigger than just mortgage rates. And when mortgage rates fall and other interest rate types fall, that usually means that the economy needs the help, which might mean that employment is down. If employment falls, home prices can still rise. They usually do, but perhaps not as much as you thought they would. So my point is, is that when mortgage rates fall significantly, that does not automatically translate into soaring price growth. Again. You gotta take history over hunches. If there's one thing that feels a little different in this cycle though, it's that we do have this palpable amount of pent up housing demand, so lower rates really could bring a lot more buyers off the sidelines. So therefore, it is possible that home prices will soar if rates really plummet. It is just not axiomatic. Now I just bought a new car, though I could have paid all cash. I chose to get the loan. And before I tell you about why I considered not getting a car at all and just using Uber Lyft ride sharing services forever. But sometimes I like to go off the beaten path and trek in some remote places. So that just wouldn't work. I also travel a good bit, and I considered not owning any car that's tethered to just one place. It's just not that efficient. But it came down to freedom. I enjoy my freedom and autonomy to hop in my own car and drive it on a whim. Though I could have paid all cash for this new car purchase, I chose to put the minimum amount down, and I got a loan for about 95% of the cost of the car. Why would I do that? Car debt is surely not as good as real estate debt. With car debt, I have to repay my own loan. I cannot outsource these car debt payments to tenants, and the payment is about $900 a month. I'll have to pay all of that myself. Also, unlike real estate, a car is a depreciating asset. Unlike mortgage interest, car loan interest is typically not tax deductible either. I'm not going to rent this car out through Toro and try to get an income stream off the car. Nothing like that. So this might sound like three strikes against a car loan. I've got to make the payment myself. It's declining in value, especially as a new car. It starts depreciating fast as soon as I drive it off the lot, and I'm not going to have any tax breaks. Oh, come on. I mean, that might sound like bad debt to a lot of people. Leading GRE I am a staunch advocate for good debt. So why did I embrace a car loan to the maximum leveraged amount? Because I am making my car loan good debt. The definition of good debt is debt that makes money for you. Car loan debt is secured, meaning there is underlying collateral, the car itself. And by the way, credit card debt is an example of unsecured debt. The big reason, though, is the financing through the dealership BMW is a 3.99% interest rate for five years, my credit's perfect. So I got a good rate there. Therefore this car loan is a simple arbitrage play. I'm borrowing at a lower rate to invest at a higher rate. Look, even if my car loan rate were double 8% I would probably still get this car loan, but it's 3.99How do I have confidence that I'm going to beat that on an annualized basis over the next five years? Well, first future inflation expectations are elevated, like I touched on on last week's show, if true, inflation the real diminished purchasing power of your dollar over the next five years is 4% I mean, that's a break even for me, right there already, but I'm gonna do a lot better than that. As a real estate investor, I know that instead of sinking this money into the car, that's enough of a down payment for a rental single family. Home or almost a low cost duplex, and being cognizant that real estate pays five ways, I expect a minimum of a 20 to 25% total rate of return with low risk. Now, if you're a new listener, that last part sounded far fetched. I know that's okay. You just don't know how to calculate your ROI for an income property with a loan. Yet another way to describe my strategy here is though I could pay cash, why would I tie up that many funds in a car? So I'm cognizant of opportunity cost. Opportunity cost means that you're missing out on a greater benefit when you choose one option over another. This loan approach also keeps me more liquid. Look, keep your money. Don't give it to a bank. Make your bank take five years to get all the money, while my $900 monthly payment stays fixed the whole time as inflation just keeps relentlessly debasing the bank's payment that they get from me. I mean, with that part, it works the same way as it does in real estate or any fixed rate loan that you could get. Be mindful, by paying all cash, you would not improve your net worth at all. Nothing happens to your net worth. Paying all cash reduces both your asset column and your debt column by the same amount, and it hurts your liquidity. Now, if you've got an emergency, you could be in a case where all of your funds would be gone if you paid all cash, they're inside the car, and you might not be able to extract them back out. All right. Well, what about the depreciating asset part of this equation? That's what most cars are. Well, just like a piece of real estate, your car's value will rise or fall regardless of your equity position. That doesn't influence it at all. So I will be underwater on the car. That's a way that some people might look at it. That means that I'm going to owe more on the balance than the car is worth. That appears irresponsible to some people. Well, yeah, that just means that the bank's money is tied up in the car, not mine. I've got it off giving me a good return. Look, when you have loans, you have another type of leverage, and it's not the mathematical type that I often discuss here. I mean, have you ever owed a friend money when something untoward happens? Who is motivated to talk between the two of you? You are your friend, your friend. They're going to be the one that's willing to work with you and help you out. They've got to give you levers when there's a mal apropos occurrence and the borrower loses their job or has a medical disaster and a huge bill, the person that's owed the money is always going to keep communication lines open with you, you as the borrower, are the one that is in control. Keep your debt on, keep your own money, stay in control. And how is this car loan making money for me, if I get a, say, 23% total return from income property and keep paying a 4% car loan, that is 19% arbitrage, I mean, what an easy choice. Again, the definition of good debt is debt that is used to increase your wealth. So getting the Max car loan allows me to avoid paying that opportunity cost of having all the funds tied up in a depreciating asset. And that is how a real estate investor buys a car. Now you're a smart investor. I mean, we have a really wise, responsible audience comprised of people just like you. But what would be some reasons that a real estate investor should pay all cash? Because there are some, and a lot of them revolve around, if you're financially irresponsible, if instead you got a car loan so you could stay liquid and maintain your life as a profligate and reprobate gambling degenerate and lose it all on sports gambling through the freaking Draft Kings and FanDuel apps. Okay, that's not a good reason. But as a GRE listener, that probably is not you. I was probably not talking about you, right. There another reason to pay all cash rather than getting the loan like I have, is if you don't have the liquidity to service the 900 Dollar monthly debt payment yourself, you could be over leveraged. See the chunk that I'm investing in real estate instead of the car that real estate will produce income for me, but it actually will not produce as much as $900 in cash flow to fully offset the car payment. Now it's going to produce a few $100 but my arbitrage is being created with the summation of all of real estate's five profit centers. I've got the whole shebang now, the leverage appreciation, the cash flow, the ROA, the tax benefits and the inflation profiting all coming at you. All five. My liquidity comes from elsewhere. A third reason why a real estate investor would want to pay all cash for a car is because say that you would effectively be forced to pay all cash for the car. Because if you took on a $900 monthly payment, that would dent your mortgage loan qualifications, debt to income ratio that mortgage loan underwriters are going to look at it would hike up your DTI so much that you couldn't qualify for future income property loans. So right, there are, what was that? Three reasons that a real estate investor would want to pay all cash if they could. But let's not lose the bigger point I was talking about the exceptions there. The bigger point is that consider getting the maximum loan for your next car, or even getting a loan against your current car if you already have one without any debt on it. It's actually a rational approach, because you want to consider the loan first, since this is your money, you earned it, approach it with the strategy first of keeping your own money that you traded away your finite life's time for. Think of keeping it first and only then consider giving it away next. I am getting the biggest car loan that I can and making the minimum monthly payments all 60 months five years, I did the same thing with my last car. It is an easy choice for me in just one word, it is for the arbitrage one word, most experienced financiers and real estate investors have not been exposed to those ideas that I just shared with you, and at the least, I am confident that I just gave you something to chew on mentally. There I've been talking about the intersection of your personal finances and real estate investing. Today, I'm your host, Keith Weinhold here on episode 548 of the get rich education podcast    what have GRE listeners been doing these past few weeks, they have been scooping up BRRRR properties, employing the buy, renovate, rent, refinance and repeat strategy fueled by GRE 's recent live event. You can watch the video of the event on demand right now, get an understanding of the strategy, see why it's so lucrative, and if it interests you, even get you paired up with actual property addresses conducive to the strategy. You can do that at GRE webinars.com this event can indelibly elevate your entire socio economic class and shape your legacy. That is a deep statement. Hey, this is what 8x leverage and $500 plus of cash flow on each single family rental property can do for you with the burr strategy in Cleveland. I mean, how much earlier will this allow you to retire? The event is free to watch. You can watch from home. I mean, come on, what else are you going to do at home tonight? Spend that time cleaning out your closet or smoking meats. Maybe at least, spend that time getting a car loan. What's the opportunity cost of you smoking meats tonight when you can actionably Build a real estate legacy with the BRRRRstrategy? Strategically outsource the meat smoking to somebody else. That's what I do. It does not take much to get started. These pre renovated homes are often about 60k some GRE followers have already bought two or three at a time. You'll see Jerry's investment coach Naresh and event co host Phil. I mean, just watching him talk is amazing. Phil is America's preeminent authority on burr real estate investing. Again, you can watch the event right now, and I don't know how long we'll keep it up for, just visit GRE webinars.com    Next fatal mistakes that you've got to avoid when buying income property with some vital due diligence tips. I'm Keith Weinhold. You're listening to get rich and. Vacation.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it. If I wasn't invested myself, you can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom, family investments, liquidity fund, again. Text family to 66866    Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Chaeli Ridge personally. Start Now while it's on your mind at Ridge lending group.com that's Ridge lending group.com   Robert Kiyosaki  26:49   this is Rich Dad, Poor Dad. Author Robert Kiyosaki, listen to get rich education with Keith Weinhold. And the reason I respect Keith, He's a very strong, smart, bright young man.   Keith Weinhold  27:10   Welcome back to get rich Education. I'm your host. Keith Weinhold, it's been a while, but I know that I shared with you before that my first ever out of state rental property that I bought ended up being a loser, and this is despite the fact that the turnkey provider and property manager that I was hiring for the property, they even told me not to buy the property because they couldn't keep it occupied in that neighborhood, and they told me to buy a different one instead. I didn't listen. I bought it anyway, and I lost we couldn't keep it occupied, so after a few years, I sold it to an owner, occupant, family for a small profit, but it was after years of negative cash flow, so there really wasn't any profit there, because, like I just said, we couldn't keep it occupied with a rent paying tenant that was back in 2012 near Fort Worth Texas. I bought it because it was cheap, just 153k and it looked pretty. It was brick. Those are both bad reasons to buy. Cheap doesn't always mean good. And the fact that a property looks pretty, I mean, I guess that's a somewhat good thing, but it should not be a deciding factor. I was never going to live there facts Trump feelings in investing. So my first bad experience was totally avoidable. I can only blame myself. Let me tell you about some other fatal mistakes to avoid, as we talk about some turnkey real estate investing due diligence. Since turnkey means all done for you, or another way to describe the property is a rent ready property. You know that word turnkey? It's sort of this compelling, even seductive buzzword, and it just might make you think that, ah, everything is just handled now and forever. It's gonna sail along just fine. No, it won't. Now, this is the type of investing that can change your life. This is the real estate pays five ways. Compound leverage Trumps compound interest, type of vehicle. Financially free beats that free type of vehicle. You're winning the inflation Triple Crown all those great, formulaic GRE mantras, but you better check to make sure before you get too far into it. And that's why we're talking about vital due diligence here. I think you know by now that turnkey, it means a property that's really just got three things. It's already renovated or new. Secondly, has a tenant in it, and it has professional property management from day one. Now, the property providers at GRE marketplace, they are some of the good ones. They have good reputations. Many have been in business for a long time, but some others do not. So what about a provider? Provider that's in, say, Oklahoma, but you live out of the area on one of the coasts, and this Oklahoma provider, they're trying to pass off a property in Oklahoma City or Tulsa to you, it's actually in a class D neighborhood the worst. And they're sort of presenting it like it's a Class B minus neighborhood, right? How can you hedge against that? How can you know that things are not being misrepresented to you? Well, of course, everyone knows about Google Street View. You're probably going to look at that first that's going to tell you about the street scene. It's free to use a paid service that gives you neighborhood analytics. Is it neighborhoodscout.com you want to verify crime rates in areas, income levels, poverty levels, education levels and school quality to make sure that the property characteristics are what you are being told, and some of those attributes always matter with property. I mean, crime rates matter because even though you're not living there so you're not going to be able to retain respectable rent paying tenants that would tolerate a high crime neighborhood. Understand, though, that not all crime data is the same. Violent crime is probably the worst shoplifting, I'll call that in the middle. And then most traffic violations, they're light crimes. Now, if you're buying a single family rental type, of course, the quality of the school district, well, that's going to matter more than if you're buying a building of little efficiency apartments where the school district hardly matters there, because you're not catering to families. I've mentioned before that we go look.com. Is a service where you can hire an independent inspector, not even a real estate related person, necessarily, but just an independent on the ground inspector to just go check out a neighborhood at any hour of the day or night. Now, if you have any question about the out of state neighborhood that you're buying in an easy way to get a check on the decency of the neighborhood is something really simple. Make sure the turnkey provider owns properties in the area that they're selling to you. This helps ensure that they're not offloading their problem properties onto you. That's something that's probably only going to happen with an inexperienced provider that doesn't have a reputation to protect yet. But when it comes to neighborhood quality, once I'm pretty serious about buying a property, do you know who I usually get reliable information from? And it's virtually free, and you're contacting this party anyway, so it's so easy for you that is just simply ask your property inspector. I mean, you always want that independent, certified Property inspector to walk inside every room of your prospective purchase, and they make that punch list for your seller before you close that's on either a renovated or a new build property always get that inspection. I've talked about that before, and that often costs $500 or less on a single family home, and today it's about $800 or less on a duplex, well before my inspector even checks out the place. I like to let them know that I live outside the area, and I want their insight on the neighborhood as well. I mean, inspectors live locally there, so they'll probably be able to give you a good answer before they even do your physical inspection. They already know the area really well, and it doesn't even cost you any more above your normal inspection cost to just get a little on the ground intelligence. And of course, your inspector works for a company independent of your property provider, so their information should be unbiased. They work for you. Now after the inspection, how about your appraisal and some due diligence with that, what if your appraisal comes in low. Everyone wants to talk about if your appraisal comes in high, that's instant equity that you have, but see if the appraisal comes in low with a turnkey property where everything was renovated, that may or may not be a problem, because the comparables that were used for your valuation, they don't have everything renovated in them like your property does. So the subject property, the one that you've got under contract to buy that could very well have a lot of say, new plumbing, electrical, HVAC, the roof, bathrooms, paint, flooring, lighting, kitchens. I mean, most, or all of those components could be new in yours. It's common for yours to have all those components, and then the comparables do not have those now, you and your seller, you will have to negotiate on who's going to close the appraisal gap. I've discussed that part on a previous episode, but I'm point. Out how you can still be getting value even when your appraisal is low and it's worth it. Down the road, you're going to have less maintenance headache than your appraisal comparables will most of the time. Turnkey properties are renovated to cover major systems, and that means you do not have major expenses. Soon these expenses get wrapped into your mortgage payment, and that's a lot better for you than coming out of pocket three years later to replace an entire roof. Another thing to keep in mind is that a property provider that's been in business for a lot of years, they do not have interest in selling you a lemon of a property and hurting their reputation, but that seller does have a little interest in getting the maximum dollar. I mean, that's almost intrinsically natural in human beings. I mean, everyone has that motivation, just like you do when you sell your property down the road. So these rent ready or turnkey properties, they're almost always better if you're a busy professional or you just want to spend your time doing something else. I mean, I think that's a pretty well established concept in the investing industry, but I really think these rent ready properties, they are better for even more people than just busy professionals. I mean, consider the alternative, if you try to screen and identify a property yourself and do all the rehab and manage the contractors. I mean, first of all, you can be dealing with a hard money loan where you're paying four or five points plus a 12% interest rate, since that's all that's available for distressed properties, and unless you have experience managing contractors, oh, boy, you could have construction timelines that go over by several months. Well, now that can eat a huge portion of your investment that you thought you were making. You're paying 12% and you have no tenant all this time, but instead, when you buy a rent ready property, and you've got the best mortgage rates and terms from day one, and you've got a rent paying tenant from day one, and not all these headaches and time lost and contractors are trying to manage with turnkeys at GRE marketplace, those rehabs are done by crews that work full time for the turnkey provider, so they work at more affordable rates than what you could get as an out of state buyer if you're trying to patch together contract and crews yourself. So at scale GRE marketplace providers, they're also dealing with the same material types over and over again, so they're faster at doing it. The materials are also reliably sourced. You won't have the 10s or hundreds of hours managing all this, checking with the rehabbers, checking for quality control, making sure the amount of work that you were paying for was actually done. I mean, some people listen to this show and they had that real estate pays five ways, epiphany, that big light bulb moment, but then they try to do this rehabbing and investing themselves to save a few dollars, is what they thought, and it's rarely worth it. So avoid the massive time commitments with all this. I mean, you're also going to be doing other things, coordinating inspections and permits with city municipalities. I mean, what a nightmare. GRE marketplace providers, they've already done all of that for you and more now that you've bought the property, all right, what about the potential for poor management? Choosing your property manager is of utmost importance, because that person or firm, they're going to vet your tenants, handle the repairs, collect your rents and take care of any other issues at your rental property. They'll understand the local landlord and tenant law, you're going to be seeing the property infrequently, if you ever see it at all, so keeping an eye on things becomes key. Now, once you own the property and you have the tenant in there, there is always the potential for your property manager to do a poor job, costing you money, making your investment less lucrative, I like to ask my manager if they do regular property inspections, like getting inside the unit every six months. Now, you can read online reviews, like the star reviews, the number of stars for property managers. I mean, that could be helpful. It can also quickly get misleading. You can get a lot of bad reviews on an adequate manager. Because property management is such a tough job, I think that one of the best things you can do when vetting a property manager is to ask a friend. A lot of people don't have that option. So then do a search on the bigger pockets. Forums for your prospective property manager. So read reviews. Don't just look at star ratings. And I'll tell you, property management is one of the few areas in my life where I am willing to accept a service level of adequate or mediocre. Almost no one raves about their property manager, but I do have managers because they are the guardians of my quality of life, of your standard of living. We want them to serve our tenants, but I don't want 80 tenants being able to text message me. So there you go, armed with a number of due diligence items that can help you make sure that you buy your next income property, right? GRE marketplace, we typically connect you with the experience providers, but I'm telling you this because it's prudent to do some checking on your own and inquiring like this too, in case you have any doubt. Now, you notice on GRE marketplace, where you can connect with free investment coaching as well, that the properties, at times, they seem less expensive than you would expect. Why is this? Well, investor advantage markets, they have low prices. I mean, that's just one reason that they are investor advantaged like Ohio, Indiana, parts of Pennsylvania, Michigan, Missouri, Kansas, Nebraska, Tennessee, Arkansas, Georgia, Alabama, Oklahoma, Texas and some of the other Mid Atlantic states And Florida, another reason the GRE market prices seem low is that there is no agent that has to be compensated. It is a direct model. Another reason is economies of scale. Providers provide homes in bulk, so there are savings that way, and there also aren't any owner occupied emotions evolved with income properties. Those emotions can run up the price, or what they really do is they keep it stuck at a high price. So to help you review what you've learned today, a seven figure income is the new six figures. Real estate prices and rents just keep moving up, but modestly for the time being, a car loan can be good debt when you have a reasonable expectation that you can create arbitrage and sufficient liquidity in your life. And though income property is perhaps the most proven wealth generator ever, there are some mistakes to avoid when it comes to buying right between the guidance that you have today and the help of our completely free investment coaching another safety layer. If you're confident that it can benefit you, I encourage you to engage and move at the speed of instruction. It's the only way that you'll benefit I built this resource. I really wish it existed when I started out, and it's available for you at GRE marketplace.com, until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 1  43:18   Nothing on this show should be considered specific, personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  43:42   You know, whenever you want the best written real estate and finance info, Oh, geez. Today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long. My letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE to66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866.   The preceding program was brought to you by. Your home for wealth, building, getricheducation.com.    

This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Oberle Risk Strategies⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠     *     Want to know what it's like to work with me as an investor? ⁠⁠⁠Check out our testimonials page here⁠⁠⁠.     *   Those who have never run a rapidly growing company are unlikely to appreciate the operational challenges associated with doing so. Indeed, while running my own company, I found our highest growth year to be the most difficult, both operationally and personally. We outgrew our systems, had to change our people, had to add entirely new departments, and I found that my own role as the CEO had to evolve both quickly and significantly. To help us better understand the day-to-day realities associated with running a high-growth company, we're joined today by Anth Georgiades, co-Founder and CEO of Zumper, North America's largest apartment rental platform. Since it's founding in 2012, Zumper has grown revenue at triple-digit annual growth rates, and has raised over $150M in Venture Capital funding. Today, Zumper boasts over 250 employees, and 75 million active users.

In this conversation I'm joined by Zumper Co-founder and CEO, Anthemos Georgiades. We discuss the evolving landscape of the rental market, highlighting the record supply of rental units in 2024 and the implications for renters and property management companies. I was excited to discuss the latest partnership between Zumper and Airbnb, exploring how this collaboration reflects the convergence of long-term and short-term rental markets. Anthemos has been in the trenches of this industry for quite a few years, stays in the data, and have some interesting outlooks for the industry to come. Do not miss this important episode! More about Anthemos and ZumperAfter standing in the rain in London to try and get an apartment in his 20s, Anthemos realized how antiquated yet massive the rental industry was. So, Zumper was founded in 2012 in San Francisco, kicking off at TechCrunch Disrupt, to modernize the rental industry and they are now the largest privately owned rental platform in North America. Zumper is the largest privately owned rental platform in North America with more than 76 million site visits a year. Zumper is on a mission to make renting a home as easy as booking a hotel. To date, Zumper has raised over $178 million from Kleiner Perkins, Goodwater Capital, Headline, Dawn Capital, and the Blackstone Group.Connect with Anthemos on LinkedInFollow Anthemos on TwitterFollow Zumper on TwitterCheck out Zumper

In this month's Digible Dudes recap, we dive deep into the evolving landscape of multifamily real estate. Join us as we explore AI-driven rent pricing, RealPage's legal battles, and the latest tech innovations transforming the industry.  Featuring insights from Dom Beveridge, Joe Summers, Maddie from GoldOller, and Zumper's Anth Moss, we discuss the impact of AI, data strategies, and industry trends shaping the future of multifamily.  Don't miss this breakdown of the most pressing topics in Multifamily today! Digible:⁠ ⁠⁠https://digible.com/⁠⁠⁠ Fiona: ⁠⁠⁠https://www.myfiona.com/ Leave a Spotify Review: ⁠⁠⁠https://spoti.fi/3LfoEdU⁠⁠⁠ Leave an Apple Review: ⁠⁠⁠https://apple.co/3AA2zRj⁠⁠ (00:00) Joe Summers - Synergy Multifamily Advisors (03:42) Anthemos Georgiades - Zumper (39:12) Dom Veveridge - 20for20 (52:46) Maddie Grussendorf - Get 100

In this episode of the Digible Dudes Podcast, we sit down with Anthemos Georgiades, Co-founder and CEO of Zumper, to explore the rapidly evolving world of rental marketplaces and how technology is disrupting the industry. Anth shares Zumper's journey from a scrappy startup to one of the leading ILS (Internet Listing Services) platforms in the rental market, reflecting on the challenges of scaling, the importance of real-time inventory, and the competitive edge that years of data aggregation have provided.  We dive into Zumper's innovative use of generative AI and the game-changing potential it holds for transforming both the renter's experience and the property management landscape. Key Topics & Highlights: Discover how Zumper has built a powerful listing infrastructure, creating a major barrier to entry for new competitors in the ILS market. Learn how generative AI is reshaping the future of real estate search, with personalized, semantic search capabilities and the introduction of AI assistants. Explore the evolution of the rental marketplace from early classifieds to today's professionalized platforms and the exciting possibilities of Web 3.0 for the industry. Anth shares his insights on how Zumper is preparing for the next big shift in consumer behavior and why startups may have an edge in this AI-driven world. Uncover the challenges of building long-lasting relationships with PMCs and REITs and how Zumper is leveraging AI to take the lead in a highly competitive market. Join us as we look ahead at the future of rental marketplaces, AI's role in enhancing both renter and property manager experiences, and how Zumper is poised to navigate the next wave of disruption in real estate technology. Digible:⁠ ⁠⁠⁠https://digible.com/⁠⁠⁠⁠ Fiona: ⁠https://www.myfiona.com/ Leave a Spotify Review: ⁠⁠⁠https://spoti.fi/3LfoEdU⁠⁠⁠ Leave an Apple Review: ⁠⁠⁠https://apple.co/3AA2zRj⁠⁠ (00:00) Introduction to Anthemos and Zumper (00:43) Zumper's 12-Year Journey (03:21) ILS Competition and Market Trends (05:31) Building Zumper's Back-End Infrastructure (08:52) Challenges in Building a Rental Marketplace (12:27) Long Tail vs. Enterprise Inventory Breakdown (15:51) Evolution from Web 2.0 to Web 3.0 in ILS (18:59) The Importance of Relationships in Scaling Zumper (23:16) The Role of Gen AI in Zumper's Future (34:17) Leveraging Semantic Search with AI (36:56) AI-Assisted Actions and Automation for Renters (41:27) Will AI Lead to a One-Tab User Experience? (47:00) Business Model Evolution with AI Integration (52:35) The Future of Rental Marketplaces with Generative AI

In this episode, Leo and Sarah discuss two key industry developments. First, they explore Airbnb's partnership with Zumper, which allows rental communities to promote themselves as short-term rental-friendly, giving building operators more control over guest stays while offering tenants additional income opportunities. They also dive into Airbnb's new policy requiring the full price, including cleaning fees, to be shown upfront, examining the potential impact on hosts and guest booking decisions. Both trends signal important shifts in the STR landscape, particularly in pricing transparency and urban rental models. — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts! This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live! Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Leo and Sarah discuss two key industry developments. First, they explore Airbnb's partnership with Zumper, which allows rental communities to promote themselves as short-term rental-friendly, giving building operators more control over guest stays while offering tenants additional income opportunities. They also dive into Airbnb's new policy requiring the full price, including cleaning fees, to be shown upfront, examining the potential impact on hosts and guest booking decisions. Both trends signal important shifts in the STR landscape, particularly in pricing transparency and urban rental models. — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts! This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live! Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Anthemos Georgiades from online rental marketplace Zumper to talk about the biggest trends in the rental market today. About Anthemos Georgiades Anthemos Georgiades is the Co-Founder & CEO of Zumper. At Zumper, Anth leads the company in its mission to make renting a home as easy as booking a hotel. Since 2012, Anth has grown Zumper into one of the largest online rental marketplaces with tens of millions of annual users, and has raised $180 million in venture capital for the company. Here's a glimpse of what you'll learn:  The biggest trends in rentals in the country today What “normal” looks like in the rental market after the pandemic craziness Where rents are falling, where they're rising, and why How renters' perceptions of the economy impact their behavior, and how these perceptions are changing Whether the market will get easier or harder for landlords in the coming year How purchase and interest rate affordability challenges are felt in the rental market How the demographics of renters have changed over the last decade, and what's coming next How AI is already changing how we find and rent homes, and where we need to be careful The big policy changes happening in housing across the country, and where should we focus our efforts Resources mentioned in this episode: Anthemos Georgiades | Twitter Anthemos Georgiades | LinkedIn Zumper Mike Simonsen | LinkedIn Altos Research Featuring Mike Simonsen, President of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Follow us on Twitter for more data analysis and insights: Altos on Twitter Mike on Twitter About Altos Research The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country - all the pricing, and all the changes in pricing - and synthesizes those analytics to make them available before becoming visible through traditional channels. Schedule a demo to see Altos in action. You can also get a copy of our free eBook: How To Use Market Data to Build Your Real Estate Business.

Anthemos Georgiades, co-founder and CEO of Zumper, discusses the value of digitizing the rental process and the importance of understanding the needs of both renters and landlords. Zumper serves as a lead generator for landlords, attracting millions of renters to their platform. They also provide data and insights to help landlords make informed decisions about pricing and property performance. Anthemos Georgiades | Real Estate Background  Zumper Based in: Miami, FL Say hi to him at: www.zumper.com LinkedIn X Sponsors: Passive Investing Mastery Apartments.com Bam Capital

The Hamilton Today Podcast with Scott Radley: Hamilton has been ranked as the 14th most expensive city in Canada. McDonald's, I'm Lovin' It fast and cheap, though it seems that's not the case anymore. Did we need a new version of the ABC's? Maybe. But like this? Shocking news! Canadians don't like conscription in times of war. The general manager of the Blue Jays will return next year. It is all coming up on the Hamilton Today Podcast! Guests: Crystal Chen, Senior Manager of Public Relations with Zumper. Joanne McNeish, Associate Professor of Marketing with Toronto Metropolitan University. Jon Roe, Research Associate with Angus Reid. Rachel Finnerty, Founder of Music Therapy Academy, Registered Psychotherapist, and Certified Music Therapist. Eric Alper, Publicist, music commentator. Christian Leuprecht, Professor at both the Royal Military College of Canada and Queen's University, and a Fellow at the Macdonald Laurier Institute; author of the new book ‘Security. Cooperation. Governance. The Canada-United States Open Border Paradox' from the University of Michigan Press. Mike Wilner, Baseball Columnist for the Toronto Star. Adam Zivo, Columnist for the National Post and Founder of the Centre for Responsible Drug Policies. Host – Scott Radley Content Producer – Jordan Armenise Technical/Podcast Producer – Tom McKay Podcast Co-Producer – Ben Straughan News Anchor – Dave Woodard Want to keep up with what happened in Hamilton Today? Subscribe to the podcast! https://megaphone.link/CORU8835115919 Learn more about your ad choices. Visit megaphone.fm/adchoices

Zumper came out with their latest study of the best and worst rental markets over the past year. I go over the list, plus figure out how things have changed so much over the past year and what it could mean going forward.

The rental market could finally be returning to stability after a wild past four years. Since 2020, we've seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quickly reversed as the fight against inflation began, mortgage rates rose, and would-be homebuyers sat still, not knowing whether to stay renting or search for a home. But, a return to “equilibrium” may be coming soon, and that's good news for landlords and renters alike. To break it all down, Zumper's Anthemos Georgiades joins the show to share his team's latest rent data. Anthemos brings some surprisingly good news for landlords, from new month-over-month rent growth data to consumer preferences shifting to a more renter-focused lifestyle; now may be the moment landlords have been waiting for as renter demand looks promising and rates stay high. We'll also discuss the inflation lag effect our rental market has caused and how to stay on top of current rent prices.  Has the dream of homeownership died? And if so, how do YOU attract the long-term renters who want to make a home out of your house (while paying YOU rent!)? Stick around for this rental market update every landlord needs to know about. Support today's show sponsor, Rent App: the free and easy way to collect rent! In This Episode We Cover Rent growth updates and why rents for some units are starting to climb Single-family vs. multifamily demand and which asset is seeing the most strength  Why Anthemos is predicting a return to “equilibrium” for landlords this summer  The massive effect rent has on inflation and how housing shifts the economy  Is the “American Dream” dead? Why young Americans are ditching homeownership Where to find free, up-to-date rent price data so YOU can make the most from your rental  And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-975 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Try Turkesterone with Tongkat Ali (Feminization Killer): (Buy Two Get One Free 48HR Promo) https://blackforestsupplements.com/reasonable Some of the major cities in California saw rental prices plunge amid declining demand as the areas saw population losses, according to the rental online platform Zumper. Oakland saw rent plunge more than 9 percent in May, followed by Sacramento, which recorded an 8 percent drop compared to the same time a year ago. Overall, seven of the 11 California cities that Zumper looked showed a drop in May. --- Send in a voice message: https://podcasters.spotify.com/pod/show/darien-dunstan3/message

In this episode, Zach Sloan, Co-Founder of Rengrata, and Allison Nesbitt, VP of National Sales and Strategic Initiatives at Zumper, delve into the evolving world of apartment leasing powered by AI and social proof. Explore the innovative integration of resident reviews and how leveraging AI enhances user engagement. Zach and Allison provide a comprehensive look at how technology is transforming the rental experience. Join us as we uncover the strategies and technological advancements reshaping the real estate industry, creating urgency, and building trust among potential renters. Key Highlights & Takeaways: - The Power of Social Proof: Discover how social proof influences leasing decisions and creates a sense of urgency among prospective renters. - AI-Driven Engagement: Learn about Rentgrata's new AI model, Ari, and how it surfaces relevant resident insights to prospects, making informed leasing decisions easier. - Privacy and Trust: Understand the importance of privacy in resident-prospect interactions and how Rentgrata ensures secure, anonymous communications. - Boosting Conversions with Social Proof: Gain insights into how integrating real-time resident feedback on Zumper listings enhances user experience and drives higher conversion rates. - Building Community: Explore strategies for fostering a sense of community among residents, improving retention, and creating a more connected living environment. Subscribe to our channel for more episodes like this, and join the conversation by sharing your thoughts on the future of apartment leasing and the impact of AI and social proof in the real estate industry. Digible: ⁠https://digible.com/⁠ Fiona: ⁠https://www.myfiona.com/⁠ Leave a Spotify Review: ⁠https://spoti.fi/3LfoEdU⁠ Leave an Apple Review: ⁠https://apple.co/3AA2zRj⁠

This Flashback Friday is from episode 1045 published last  August 20, 2018. Jason Hartman welcomes his mom back to the show to discuss self managing properties and how to find the best deals when you have to make repairs. The two also talk about what kinds of addendum she's adding to leases recently, rising rents, job numbers and more. Key Takeaways: 2:36 Small business confidence at 35 year high 6:02 Job numbers are not showing an impact from the trade wars 8:51 There's legitimate wage growth for the first time in 4 decades, which is great for all Americans (and our economy) 11:10 Jason's mom has been able to raise 4 of her tenants rent by $100 a month 13:40 Have tenants have changed over the years? 16:47 How his mom gets good deals and aligns the tenants interest with her own 20:49 "You get what you pay for" is not true for much (if anything) in life 24:51 The kinds of clauses Jason's mom is putting in her leases to protect herself from unruly tenants 30:01 How to build a great relationship with your tenants   Website: www.JasonHartman.com/Properties www.Zumper.com   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Get ready to up your multifamily conference game as we sit down with two true industry powerhouses and IRL besties, Allyson Mutch, who's run events for Lease Labs, Knock, and Updater, and Jessica Fritz the Sr. Events Manager at Zumper. These experts have the insider secrets to supercharge your ROI at these high-stakes events, and they're here to spill the beans. From managing colossal booths to throwing unforgettable parties, from nailing pre-event marketing to post-show ROI tracking, they've got the playbook you need to take your brand to the next level in the world of multifamily conferences. Don't miss this exclusive conversation with the best in the business – your brand's success is about to reach new heights.

The Hamilton Today Podcast with Scott Thompson: Rental tracking services are suggesting average annual rent increases on new listings may level off for Ontarians in the next few months as the province enters a slower-moving season. How is Kitchener-Waterloo getting ready for colder months, with their community of tiny cabins for the unhoused population? The Red Hill report is nearing completion, while the cost nears $28Million. Netflix is opening brick-and-mortar locations, promising to deliver a “Netflix experience” to attendees… what?! Angus Reid has new polling on whether Canadians think Trudeau should step down, and it has yielded some surprising – or, perhaps not-so-surprising – results. It is all coming up on the Hamilton Today Podcast! Guests: Crystal Chen, Senior Public Relations Manager with Zumper. Jeff Wilmer, chair of the board of directors & volunteer for Kitchener-Waterloo's A Better Tent City. Colin D'Mello, Queen's Park Bureau Chief, Global News. Larry DiIanni, former mayor of Hamilton.. Reggie Cecchini, Washington Correspondent for Global News. Bruce Winder, Retail Analyst & Author, ‘Retail Before, During & After COVID-19'. Jon Roe, Research Associate with Angus Reid. Tim Powers, Chairman of Summa Strategies and Managing Director of Abacus Data. Host – Scott Thompson Content Producer – William Erskine Technical/Podcast Producer – Tom McKay Podcast Co-Producer – Ben Straughan News Anchor – Dave Woodard & Lisa Polewski Want to keep up with what happened in Hamilton Today? Subscribe to the podcast! https://megaphone.link/CORU8835115919

AI tools are here to stay, and they're reshaping numerous aspects of the business world. One area where artificial intelligence is demonstrating its potential for tangible impact is leadership and management. In this episode, Sid Pandiya of Kona joins A.J. to explore how AI tools like Kona are empowering managers and helping them become more effective leaders in the long run.About Sid Pandiya:Sid Pandiya is the Co-Founder and CEO of Kona, an AI-powered leadership coach helping remote teams build culture and stay connected through expert-backed advice and daily check-ins. Their goal at Kona is to empower managers and support them as they hone their leadership skills. Prior to founding Kona, Sid worked as an intern at Zumper, where he made significant contributions to the company's product management, software engineering, and machine learning.Sid's remarkable talent for innovation and tech leadership earned him distinctions like the Kleiner Perkins Engineering Fellowship and the role of a Product Management Fellow at Product Space. He has a Bachelor of Science in Computer Science from the University of California, Los Angeles, and a Greenwood High International School.Episode highlights: Using AI can help stay consistent with your business WHY, create structure, and achieve high results. (05:20) AI takes the guesswork and stress out of leadership. It helps lead more efficiently and uplift the team's spirit. (15:24)  Making AI more proactive in the future. (19:40) The importance of coaching and therapy for founders. (26:32) Managers need safe spaces and supporting communities. (31:11) AI can make sure that managers do their jobs more efficiently by providing valuable feedback and high-quality advice to their people. (31:58) Sid's best advice for entrepreneurs:“I've seen and felt the impact that both a bad manager can have on your well-being, mental health, and overall happiness. On the flip side, how uplifting and energizing, having a great manager can be for your life, your career, your success, and your overall happiness because a big part of your mental health and well-being comes from your work and your work environment and your manager is the most important person that you will interact with at any given job.” (15:47)Connect with Sid:  LinkedIn Facebook Instagram Resources Mentioned: Kona Evolution Coaching Geoff Graber Janine Davis Kona's Manager Book Club Radical Candor: Be a Kick-Ass Boss Without Losing Your Humanity by Kim Scott Just Work: How to Root Out Bias, Prejudice, and Bullying to Build a Kick-Ass Culture of Inclusivity by Kim Scott Kona's Manager Accelerator Program Follow Beyond 8 Figures: Linkedin Twitter Website

PROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA  Bethany Quinn  -  Vice President of Strategy and Content Development for Golden Shovel Dennis is joined by Bethany Quinn from Golden Shovel, and they discuss PROVEN STRATEGIES FOR SOLVING HOUSING SHORTAGES IN COMMUNITIES ACROSS NORTH AMERICA, a Golden Shovel white paper.  For economic developers housing is one of the major topics we deal with, especially workforce housing. The data behind the Golden Shovel white paper and the role the pandemic played Pre-pandemic communities were facing housing shortages that negatively impacted their ability to grow. Compnaies needed more housing for their employees. People couldn't move for employment opportunities because there wasn't affordable housing Housing shortages are now at the forefront of public consciousness and the existing housing costs exponentially more.  Case-Shiller Index Report showed an 18.8% annual home price increase. Zumper's National Rent Report showed that rent for a one-bedroom apartment hit an all-time high of $1,400 in 2022, for the national average– this is a 12 percent year-over-year increase. The United States alone has a housing shortfall of 3.8 million units. According to Freddie Mac researchers, “The main driver of the housing shortfall has been the long-term decline in the construction of single-family homes. T Information Contained in a Housing Study The structure of a housing study varies from consultant to consultant and is based on community priorities. Some of the common features are as follows: • Analysis of current housing supply, broken down by owner-occupied vs. rental, and type of housing. • Report on the condition of current housing stock, including identifying the number of homes that should be torn down or need serious renovations to be livable. • Analysis of the affordability of housing for the existing workforce. • Estimate how many housing units will be needed, per category, over the next five years. • Location breakdown for housing demand (necessary for a regional report). • Determination of how many housing units need to be built as “workforce housing.” • Determination of how much senior housing will be needed. • A projection of how the housing needs could change if the EDO's work results in job growth. • Analysis of the community's current development capabilities and if outside developers will be needed to meet housing targets.  Best Practices  Pattern Zoning & Pre-Approvals As a Strategy in Claremore, OK  EMPOWER INDIVIDUAL HOMEOWNERS TO BUILD  INCENTIVES & POLICY TO SPUR WORKFORCE HOUSING DEVELOPMENT  TAKE AN ACTIVE ROLE IN THE DEVELOPMENT PROCESS  Spurring Housing Development Without Significant Capital in Clinton, Iowa  REZONE TO INCREASE DENSITY REPURPOSE LAND & BUILDINGS TURN BLIGHT INTO OPPORTUNITIES    

This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Symphony⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. On September 8th, 2023, Symphony will be live-streaming a webinar on searchfunder.com all about the technical due diligence process when acquiring a software company. Use this link to sign up: ⁠https://www.searchfunder.com/event/view/1200⁠. Symphony not only performs technical due diligence engagements for search funds, Private Equity firms, and strategic acquirers, but they also partner with those buyers on an ongoing basis on all things product (outsourced development, team augmentation, new product prototyping, UI refreshes, QA professionalization, and so on). Symphony is offering a full 15% off of any of their services for listeners of In the Trenches. ⁠Just go to ⁠⁠⁠⁠⁠the ⁠⁠⁠⁠Contact form on their website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and tell them that you're a listener of the podcast to receive this discount! * This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠Oberle Risk Strategies⁠⁠⁠⁠⁠⁠⁠⁠⁠, the leading insurance brokerage and insurance diligence provider for the search fund community. The company is led by ⁠⁠August Felker⁠⁠⁠⁠⁠⁠ (himself a 2-time successful searcher), and has been trusted by search investors, lenders, searchers and CEOs for over a decade now. Their due diligence offering (which is 100% free of charge) will assess the pros and cons of your target company's insurance program, including any potential coverage gaps, the pro-forma insurance pricing, and the program structure changes needed for closing. At or shortly after closing, they then execute on all of those findings on your behalf. Oberle has serviced over 900 customers across a decade of operation, including countless searchers and CEOs within the ETA community * I have spent the past several weeks going through almost 3 years of In The Trenches archives to tease out all of the best insights that we've been able to collect from each of our guests specific to Hiring. I won't need to convince any CEO of how important the hiring process is, and how fraught with peril it can be when it isn't done right. Below is a list of our guests and topics, which include timestamps, so you can skip between the segments that are most interesting to you: (3:30) Randy Street: Co-author of Who: The A Method for Hiring, which introduced the Topgrading hiring method to the world (22:39) Verne Harnish: Founder of the Entrepreneurs' Organization (“EO”), & author of Mastering the Rockefeller Habits and Scaling Up (37:43) AJ Wasserstein: Professor at the Yale School of Management. Prior 2x CEO and active SMB investor (43:40) Mike Zani: CEO of The Predictive Index, and author of The Science of Dream Teams (52:27) Steve Divitkos: Hiring Your Senior Management Team: Founder of Mineola Search Partners (1:12:50) Anthemos Georgiades: Hiring in High Growth Environments: Founder and CEO of Zumper, an apartment rental platform that boasts 250 employees, 75 million active users, and 17 million app visits per month (1:27:09) Nicholas Andrews: Hiring for the Finance & Accounting Function: Founder of The Aspen Consulting Group (1:42:40) Rich Mironov: Hiring in Product Management: One of North America's preeminent Product Management thought leaders, having spent 40 years in the software industry in numerous capacities (1:55:20) Dave Prusinski: Hiring in Sales: Former EVP of FleetComplete. Grew annual revenue by ~25x, achieving a ~50% revenue CAGR for 9 of his 10 years

Shawnna Sumaoang: Hi, and welcome to the Sales Enablement Pro Podcast. I'm Shawnna Sumaoang. Sales enablement is a constantly evolving space, and we're here to help professionals stay up to date on the latest trends and best practices so that they can be more effective in their jobs. Today, I’m excited to have Kristin Klinkner from Zumper join us. Kristin, I would love for you to introduce yourself, your role, and your organization to our audience. Kristin Klinkner: Hi Shawnna. I am the sales enablement manager at Zumper, which is a platform you can use to find your next rental property, whether long-term, short-term, or vacation rentals, we have them all in one place. We’ve got a fantastic user experience and because of that, we attract our audience organically, and then we’re able to provide our clients with high-quality leads for renters to their properties. I’ve been at Zumper for a bit over two years. I’m a team of one, and this is the first job I’ve had with the official sales enablement title. I took a really non-traditional path to a formal sales enablement position as I spent the first 18 years of my career in the non-profit sector. The last 15 of those were for the American Cancer Society, where I started as a local staffer working on raising funds through events and sponsorships in a local community. I moved into a manager role and then into a national role coordinating corporate engagement strategy for some of the world’s largest fundraising events. I didn’t realize it at the time, but all of that work in the early part of my career was sales. Fundraising is sales. My national role was really sales enablement. I built the strategy, infrastructure, marketing, resources, support, and training for thousands of employees and tens of thousands of volunteers to attract corporate financial support, essentially B2B sales. We were hugely successful raising around 80 million per year for cancer research and support through just my B2B programs, but when Covid hit, our in-person fundraising event method for the American Cancer Society had to change as our strategy for bringing in revenue. My department was eliminated, as I’m sure many people can relate to back during the pandemic, but I really saw that as a great opportunity to find a role that encompassed all of what I truly love doing and it boiled down to the positive impact, the changes in programming, infrastructure, and strategy for gaining corporate partners through others providing the resources necessary for others to be successful in landing those partners, not doing it myself. That’s what I really loved about the last role I had there. We also had just gone through a transition to Salesforce as our CRM and I liked learning the technology and figuring out how I could use that technology to help our fundraisers achieve goals. I started looking at the SaaS world and tech companies and startups, and I discovered some podcasts, probably sales enablement PRO, that mentioned sales enablement. As I dug in and joined webinars and online career fairs like I know you all hosted, I heard leaders in enablement talk about their roles and strategies to be effective, and I knew this was the right place for me, but I needed to figure out how to translate my career in nonprofits to sales, and that’s where a huge network of sales enablement professionals were really sold me on it and helped me find my way. It was really scary at first, but I started being vulnerable and just asking to connect with some of those speakers in those webinars and asking them just to connect or give guidance. So many of them were willing to chat and give coaching advice and connect me to other leaders. That’s really where I started to take off, and one of the best pieces of advice I got was to do a better job of clearly translating fundraising to sales. That piece of coaching that I received. When I figured out how to do that, I very quickly secured a few offers and accepted my first enablement position. That’s a really long-winded way to say that the coaching I received allowed me to see a clear path to achieve what I wanted to do with my career shift. I immediately started finding ways when I got into that sales enablement role to build the type of into the company where I work now. SS: I love that. One of the things that stood out to me about you on LinkedIn was that you really focus on building a sales culture that values coaching, as you mentioned, and celebrates success, which I can’t stress how important that is these days. I’d love to learn more about some of the ways that you’ve built this into your company’s culture. KK: I really do value a strong culture of coaching and celebrating wins in a sales team. Coaching is not something that came naturally to me, but I’ve seen that as more and more people in an organization embrace it, we can achieve greater things. Taking a step back for a second, about me, I’m a doer, a problem solver. When I was younger, I felt if I could just figure out a way to do something and then share it with other people, they could just copy what I did and we’d all be fantastic top performers, right? That didn’t go over super well, especially when I became a people manager, so I did a lot of introspection and work on emotional intelligence, and that helped me see that I didn’t need to, nor should I, solve everything for everyone because when I tried to do that, nobody was bought in and they really didn’t adopt my solution long term even if they gave it a shot. Learning about and improving my EQ helped me figure out how to be a coach instead of a fixer, and that really gave better results for the whole team. There’s a quote in an episode of Ted Lasso that has really stuck with me, and it’s something to the effect of all people being different people, and that’s what I think building a culture of coaching can do. Explaining to our sales leaders or coaching them to see that all of the sellers on their team are different and need different approaches and methods of feedback delivery and have different learning styles is a good way to introduce some initial changes to our onboarding and ongoing development opportunities. The way I did that was by adding role plays to our formal onboarding and training cadence. I know people hate role plays, because I kind of hate them too, but the vulnerability you need to show and the trust that you need to give that everybody there on that call or who’s giving you feedback is there to help you. All of that helps build engagement and really solidifies every person on a team or, hopefully, solidifies for everybody on the team who’s involved with this, that they are a valuable part of that team or that company and the shared success. When you’re open to receiving that help, many times it results in growth or a tangible win that then we can call attention to. It's sort of a cycle, right? Then as we start seeing those wins, based on a result of something we learned in a role play, it gains acceptance as a development strategy and garners buy-in for continuing that type of exercise. Even when I ask really directly after a role play, like, how’d you feel about that, I usually start by sharing where I messed up and saying like, ooh, I felt really awkward at this part. Then people also feel like it’s okay to say like, yeah, I didn’t love that either. In the end, they always talk about what they did learn and how it really did help them feel more comfortable with whatever skill they’re working on. It’s kind of those shared awkward experiences that propel a team to build stronger bonds, have more engagement, greater success, and then eventually enjoy helping others and celebrating those successes as a team. SS: I love that. One of the ways that you’ve improved coaching at your organization is through sales management training to help them also become better coaches for their reps. Why are the role of the manager and their effectiveness as a coach so important, especially amid changing times? KK: I think we can all agree that coaching is better in the long run. For somebody coaching them to find a result is better than me just fixing it. I think we can also agree and I can get a team of leaders to agree that if I’m the only person providing that coaching that’s not very effective either. Having several people in an organization who are strong coaches out in the field with our sellers can really amplify my work in enablement. I can’t be in every sales meeting and my particular industry is very face-to-face for our sales, so I can’t even listen to recorded calls to give coaching. That’s not a function of our company for me in enablement that I know a lot of other companies have. Instead, it all has to be done either as a group on a call or face-to-face when out in the field and really making those presentations. When I know that a manager who is going to be in some of those meetings is capable of providing the coaching a seller needs to improve, or even just to keep doing the things they’re already really good at, that’s easier for me to focus then on correcting skills and knowledge gaps that can be detrimental to our sales. It’s amplified even further when our sellers feel comfortable coaching each other. So we incorporate that a lot at Zumper too. For example, as I said, our industry is multifamily real estate. I didn’t know anything about that when I started here. I know how to sell and I know how to do enablement and coaching, all that kind of stuff, but multifamily, I’m not the expert there. Luckily we have a lot of those, like Patty, one of our VPs. She provides a lot of the coaching right alongside me for our sellers and where I can point out a different strategy or execution or something like that, Patty has actually had these conversations with clients so many times. The coaching that she provides is a whole other level of credibility and expertise, and when she takes the time to coach, it really encourages our sellers to grow because they see that somebody else, a teammate is investing her time in them and they can also see that these things work because of the massive success that she’s had in her career doing the same thing that they’re doing. SS: I love that. What does that sales manager training program look like though? What do you think about measuring the success of that program? KK: A lot of our sales leaders are competitive and they want to be the best. On that road, it’s maybe easy to default to ‘I’ll just fix it myself now and I’ll try to remember to talk to you more about this later'. The way we build our manager training is that it’s a lot of practice and it is, again, those live role plays and exercises and really learning and ingraining it in your day-to-day work how to take that pause and maybe rewire those managers for the tendency to immediately fix for somebody else, and instead shifting to ask questions and coaching a seller to see the fixes that they need to make for themselves. That’s often a big change for a manager. I often start by explaining the benefits in the terms of what’s in it for me. The manager may have more time to do other things or focus on other team members, build strategies, and even maybe take some time off that they don’t seem to find enough time to do during the year. When we flip it in the terms of like, what’s in it for me, it might be a little uncomfortable at first for me to not just fix this and to see if they can work through it, but in the long run, it is going to pay off. Then, we teach how to coach instead of fixing and hardwiring that defaults to coaching. We practice coaching over a substantial period of time, so it’s not just a one-and-done type of learning. This is a really ingrained long-term program that we work on all the time. Practicing with other leaders, with me, applying what they learn to sellers and receiving feedback and coaching on their own coaching, and then we repeat it over and over again, and that’s what helps it to stick. When they start using it and seeing the growth in their teammates, the bigger or more frequent wins that they get, they really become invested in coaching as a strategy for leadership and it helps the culture of coaching really take hold at our company. Some of the ways that we measure this, yes, you can see more frequent wins or bigger wins or things for each of the sellers you’ve been working with. There are some of those sorts of lagging indicators that you can see movement, but there are other ways that we measure this at our company, and that is through engagement surveys. What we’ve seen as we’ve started to build the culture of coaching where we’re all supporting each other and working together to get better and improve, we see that people are really connecting with each other and that has improved our engagement scores tremendously. It’s really helped build a lot of teamwork when we are mostly remote and don’t actually get to see each other face-to-face very often. SS: I love that. I have one last question for you. You have mentioned on LinkedIn too that you’ve seen some exceptional business outcomes from this approach to building a healthy sales culture. What do you think about tying the impact of sales culture back to things that the business cares a lot about? KK: I think one of the things our company focuses on a lot is our core values. We’ve got five core values and we like everybody to feel part of the team. We call each other roomiez with a Z at the end. It’s funny, we add Zs to everything, so roomiez with a Z. When I started during the height of Covid, a lot of that engagement and people were shifting to a remote environment and they really started feeling disengaged, not just with each other, but I think even with the company. As we, in the sales team, started to build that culture where we’re all going to work together on this thing, we’re going to help each other out and we’re going to celebrate those wins, we really have seen an improvement in commitment to our company, commitment to the key performance indicators and the objectives of our organization, and just a real general enthusiasm to achieve it together and to do whatever you need to do, help wherever you need to help build the relationship within the company internally even, or eternally with clients in order to build that culture that we’re looking for in our company, which is just very inclusive and celebratory. Did that answer your question? SS: That did. It’s important I think, to your point, to ground it back into the core principles of the company, so that makes a ton of sense. KK: Obviously we have hard dollar goals and numbers to hit, but a lot of times what I’ve seen is sometimes it is just like a feel and those can be just as important to hit those number goals as well. SS: Absolutely, because, well, there’s number goals behind some of the fields too, like retention of your top employees and all that fantastic stuff. Also, mental health keeps you from having to take massive amounts of sick days. Totally. KK: 100%, yes. SS: Thank you so much for joining us. KK: Thank you for having me. SS: To our audience, thanks for listening. For more insights, tips, and expertise from sales enablement leaders, visit salesenablement.pro. If there is something you'd like to share or a topic you'd like to learn more about, please let us know we'd love to hear from you.

In this Real Estate News Brief for the week ending October 29th, 2022... a turnaround for the U.S. GDP, a new high point for mortgage rates, and faltering rent growth.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic News We begin with economic news from this past week, and an encouraging report on the U.S. GDP. The government reported a 2.6% growth rate in the third quarter. It was better than the Dow Jones forecast of 2.3%, but is also thought to be a rebound from two quarters of negative growth. According to CNBC, the upside came from a decline in the trade deficit, along with stable consumer spending, higher government spending, and a rise in nonresidential fixed investment. (1)A positive GDP isn't eliminating concerns about a recession, especially if the Fed continues to aggressively raise interest rates to fight inflation. The PCE, which is the Fed's preferred inflation gauge shows a .5% increase in September, to an annual rate of 5.1%. That's for the core rate, which eliminates food and gas. The core rate for the well-publicized CPI, shows an annual rate of 6.6%. (2)(3)Initial jobless claims rose slightly last week. The Labor Department says they were up 3,000 to 217,000. The number of people already collecting benefits was up 55,000 to 1.44 million. (4) Economists are expecting a gradual increase in jobless numbers as the Fed continues to hike the Federal Funds rate.The housing market is feeling the impact of the slowdown. The Case-Shiller index shows that home prices were down for a second straight month. The 20-city index dropped 1.3% in August, while the national index was down 1.1%. The biggest price drops are happening along the West Coast, but the index shows they've gone down for every one of the 20 cities in the index. Year-over-year gains are still in the double digits however, at 13.1%, with Miami, Tampa and Charlotte topping the list for annual gains. (5)Sales are also down for both new and existing homes. The Commerce Department reports that new home sales were down 10.9% in September to a seasonally-adjusted annual rate of 603,000 homes. The drop follows a surprise surge in home sales the month before. Year-over-year, home sales are down 17.6%. (6) For existing homes, the National Association of Realtors says they were down 10.2% in September. MarketWatch says that buyers have become hesitant because of high home prices and interest rates. Sellers are also less likely to list, because they want to hold on to their low-interest loans. (7)Mortgage RatesAlthough some lenders hit the 7% mark weeks ago, Freddie Mac says the average rate for a 30-year fixed-rate loan is now 7.08%. For the 15-year, it's 6.36%. (8)In other news making headlines...Big Drop in Mortgage DemanLenders are taking a big hit because of high rates. The Mortgage Bankers Association says that home loan demand is close to half of what it was a year ago, and has fallen to its lowest level since 1997. Demand was down 2% last week, and was 42% lower than the same week last year. (9)There was a slight increase in demand for FHA loans thanks to lower rates and lower down payment requirements. Many borrowers are also choosing a riskier adjustable-rate loans because payments are lower at first. There are about four times the number of those loans right now compared to the start of the year. The National Association of Homebuilders also reports a jump in the number of people paying all cash for new homes. That number has been increasing for the last three quarters, and hit a 20-year high of 9.5%, or 14,000 sales, for the current quarter. (10)Rent Growth at a Standstill in Some MarketsRent growth has stalled for a second straight month, and has even declined slightly in some areas. The Real Deal reports that any drops are minimal, but after the rip-roaring growth we saw during the pandemic, the pullback might feel severe for people. (11) Data from Zumper shows that apartment prices were flat, or fell slightly, in nine of the 10 most expensive U.S. cities. Zumper's CEO, Anthemos Georgiades, described the decline as a “correction to prices that had become overinflated.” He says renter migration is slowing down as renters try to cut costs by living with friends or family. He says that could push rents lower if landlords are competing with each other for renters. RentCafe says we'll see 420,000 new apartments coming on line this year. That's a 50-year high for multi-family construction. But the Zumper report also warns tenants that they should not expect any drastic price drops until supply and demand are more closely matched.Rental Demand SlowsData from RealPage also shows that high rents have pushed apartment demand to a 13-year low. It dipped over the summer in the big cities like New York, Los Angeles, Houston, Dallas, and Chicago when it usually goes higher. Vacancies are also higher according to CoStar. That data shows an apartment vacancy rate that rose from 5.1% in the second quarter to 5.5% in the third. (12)UBS analyst Michael Goldsmith says: “It's a signal that rent can't continue at the same level it has sustained over the last couple of years. We've reached a point where renters are maybe willing to pull out of the market.”The market for single-family rentals is a whole different niche, which is cooling down slightly in some areas. For example, one real estate broker told the Phoenix Business Journal: “It's cooling down a bit, but only from a level of insanity. Now it's just a hot market.” (13)That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!If you'd like to find out more about single-family rentals, please join RealWealth for free at newsforinvestors.com. As a member, you have access to our market data, our experienced investment counselors, and our curated list of real estate professionals that can help you create a portfolio of income-producing rental homes.Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.cnbc.com/2022/10/27/us-gdp-accelerated-at-2point6percent-pace-in-q3-better-than-expected-as-growth-turns-positive.html2 -https://www.cnbc.com/2022/10/28/pce-inflation-september-2022-.html3 -https://www.cnbc.com/2022/10/13/consumer-price-index-september-2022-.html4 -https://www.marketwatch.com/story/u-s-jobless-claims-tick-up-in-latest-week-11666874248?mod=economic-report5 -https://www.marketwatch.com/story/u-s-home-prices-fall-for-second-straight-month-in-august-case-shiller-11666703999?mod=economic-report6 -https://www.marketwatch.com/story/u-s-new-home-sales-retreat-in-september-partially-reversing-surprising-gain-in-prior-month-11666794303?mod=economic-report7 -https://www.marketwatch.com/story/decline-in-u-s-pending-home-sales-gathers-steam-in-september-11666965739?mod=economic-report8 -https://www.freddiemac.com/pmms9 - https://www.cnbc.com/2022/10/26/mortgage-demand-from-homebuyers-is-nearly-half-what-it-was-in-2021.html10 -https://eyeonhousing.org/2022/10/all-cash-new-home-sales-outnumber-fha-backed-for-the-first-time-since-2007/11 -https://therealdeal.com/national/2022/10/25/rents-slide-or-stagnate-in-4-out-of-5-us-cities/12 -https://therealdeal.com/national/2022/10/25/soaring-rents-sink-apartment-demand-to-13-year-low/13 -https://www.bizjournals.com/phoenix/news/2022/10/18/corelogic-single-family-rental-market-cooling.htm

LCP Media Announces API Automated Integration with Zillow Rentals We are proud to announce that LCP Media, a leading national visual media technology company for multifamily property owners and managers, has established an API integration with Zillow Rentals, the #1 most visited rental network*, to feed our groundbreaking TourBuilder virtual tours to property listings. Benefits to our customers include: 1. TourBuilder virtual tours are automatically sent to Zillow Rentals for placement on the property's listings. 2. There is no more manual work on the side of marketing professionals or leasing teams to send their TourBuilder virtual tours to Zillow Rentals 3. The prospective residents experience the community and apartment units with an immersive virtual walkthrough. TourBuilder is the multifamily's new agile hub for the creation, organization, storage, management, and performance tracking of digital and visual media assets - from one unit to an entire community. It is a proprietary AI platform technology built exclusively by LCP Media. TourBuilder Pro are professionally-captured virtual tours of the community, amenities, and model units using our extensive photographer network. TourBuilder Go are unit-level virtual tours shot by the onsite teams or our photographer network. "TourBuilder is a world-class virtual tour platform for capturing property and unit-level 3D tours. It enables top ownership and management companies to create digital twins of their buildings,” said Tom Chomiak, Chief Technology Officer at LCP Media. “Today, we are excited to announce our latest API integration with Zillow Rentals. This integration allows us to push unit-level 3D tours to the Zillow Rental Network in real-time, helping significantly increase our reach and playing an effective role in converting prospects quickly and reducing time spent on the market for units.” LCP Media (www.LCPMedia.com) has created over 5,000 virtual tours of apartment communities, including those owned and managed by the biggest real estate companies in the United States, such as Greystar, LivCor, Cushman & Wakefield, and Lincoln Property Company, among others. *Comscore Media Metrix®, Custom-defined list: Zillow Rentals, Apartments.com Network, RentPath Network, Apartmentlist.com, and Zumper.com, Total Audience, Jan 2022-Mar 2022, U.S. Source: LCP Media Blog Post -- WGAN Forum Related Discussions ▶ Transcript: WGAN-TV | How to Make Money with TourBuilder by LCP Media ▶ WGAN Forum discussions tagged: LCP Media | TourBuilder by LCP Media | LCP Media Help Wanted

You want to increase your expenses. I reiterate why. All five ways that real estate pays are rarely surging at the same time. In the past year, appreciation has slowed, cash flow rose, principal paydown slowed, tax benefits are roughly the same, and inflation-profiting rose. How do you become a “laptop landlord” and know that you're buying a good property? I share my favorite resources for real estate due diligence (laptop landlording). They're all in the “Resources Mentioned” below. One mistake people make is that they tend to overgeneralize. They paint an entire city one color, saying something like: “I read that Memphis has high crime.” Well, where within Memphis? You can contract with an out-of-state stranger to check out a property for you at WeGoLook.com Aundrea Newbern, COO of GRE, MBA, NAR member (the woman with all the letters behind her name) joins me. She discusses her top real estate successes and failures. We discuss floods, old cast iron pipes, partnerships, single-family vs. multifamily, LTRs vs. STRs, and the opportunity cost of waiting to buy property.  At times, if third-party inspectors see an issue, they refer you to specialists like foundation or mechanical inspectors. Resources mentioned: Show Notes: www.GetRichEducation.com/417 Due diligence resources: ATTOM Data Solutions, Redfin, CoreLogic, Zumper, Altos Research, John Burns RE Consulting, Neighborhood Scout, Google Street View, WeGoLook.com, bls.gov, US Census, FRED, GREmarketplace.com  I'd be grateful if you search “how to leave an Apple Podcasts review” and do that for this show. Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com JWB's available Florida income property: www.jwbrealestate.com/gre or (904) 677-6777 To learn more about eQRPs: text “GRE” to 307-213-3475 or: eQRP.co Available Central Florida new-build income properties: www.b2rdirect.com Analyze your RE portfolio at (use code “GRE” for 10% off): MyPropertyStats.com  Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don't Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Our YouTube Channel: www.youtube.com/c/GetRichEducation Top Properties & Providers: GREmarketplace.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

For episode 38 of the ShortTermRentalz podcast, we speak to Anthemos Georgiades, co-founder and CEO of rental marketplace Zumper, about the company's extension into the short-term rental space, the characteristics of consumers who are living a flexible, nomadic lifestyle and whether Zumper sees itself competing with major OTAs in the long term. This episode is kindly sponsored by Breezeway. Breezeway's property care and messaging app helps thousands of holiday let hosts and managers automate operations, drive quality, and elevate the experience at every property. Their user friendly tools are purpose-built to coordinate complex work and deliver homes that are perfectly prepared to their specific standards. Visit breezeway.io/str to learn more.

You told yourself you'd change the world, then you let the world change you. Rather than asking yourself, “What do I want out of life?”, a more powerful question is: “What does life want from me?” Almost everyone wants to be “job optional”.  People often use their words to denigrate the importance of money, yet their actions validate its importance. High-flying real estate appreciation rates are mostly over with. The market is normalizing. Through Q2, national median home price appreciation is 14%. But it's quickly slowing. American apartment rent-to-income ratio is 23% for tenants. Zumper tells us there's about 10.2% national rent appreciation. Highest are TN and NC. We have available properties in the Midwest and South. Naresh & I spotlight Poinciana, FL; Ocklawaha, FL; and Memphis.  For available properties and free coaching, contact Naresh at: naresh@getricheducation.com Resources mentioned: Show Notes: www.GetRichEducation.com/411 E-mail Naresh about cash-flowing properties: naresh@getricheducation.com Zumper's Rent Report: https://www.zumper.com/blog/rental-price-data/ Rent Is The New Gas: https://www.usatoday.com/story/money/economy/2022/08/09/rents-topping-gas-prices-inflation/10279406002/?gnt-cfr=1 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com JWB's available Florida income property: www.jwbrealestate.com/gre or (904) 677-6777 To learn more about eQRPs: text “GRE” to 307-213-3475 or: eQRP.co Available Central Florida new-build income properties: www.b2rdirect.com Analyze your RE portfolio at: (use code “GRE”): MyPropertyStats.com  Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don't Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Our YouTube Channel: www.youtube.com/c/GetRichEducation Top Properties & Providers: GREmarketplace.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

We're excited to have Dana Duckworth join us for Hints from HR today. Dana Duckworth is DEI & Social Impact Specialist with Zumper. Join us as we dive into this important conversation about diversity, equity and inclusion.

In this Real Estate News Brief for the week ending July 9th, 2022... why the job market is reducing recession anxiety, the big mortgage rate turn-around, and Airbnb's contest for unique listing ideas.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic NewsWe begin with economic news from this past week. The job market is showing a lot of muscle, despite concerns about a recession. The government reported last week that companies created a whopping 372,000 new jobs in June. That's well above Wall Street estimates for 250,000 new jobs. (1)Companies may have a hard time filling all those positions however due to a severe labor shortage. As reported by MarketWatch, there are two open jobs for every person looking for one, or about 11.3 million job openings. (2) Layoffs are also at historically low levels, including the number of people working part-time because they had their hours reduced. The report says there are 3.6 million involuntary part-timers. That's the lowest level in 21 years. (3)Despite that good news, the unemployment numbers are up slightly for last week. The Labor Department reports that initial claims were up 4,000 last week, to 235,000. That's the highest level in six months. They were as low as 166,000 just four months ago. (4) But unemployment is still at 3.6% and the big picture is that job creation and hiring are strong. ZipRecruiter chief economist Julia Pollack says: “This is not what a recession looks like.”St. Louis Fed President James Bullard is also seeing signs of economic strength. He's predicting economic growth for the year despite the slowdown we're already seeing due to the Fed's rate hikes. He says he's basing his calculations on “gross domestic income” instead of “gross domestic product.” The GDI is the income that's earned on the production of the GDP. While the GDP has already contracted in Q1 and may have done so in Q2 as well, Bullard says the GDI shows that the economy is actually expanding. (5)Mortgage RatesMortgage rates did a big U-turn this last week. Freddie Mac says the average 30-year fixed-rate mortgage dropped 40 basis points to 5.3%. The 15-year fell 38 points to 4.45%. (6) The drop in rates along with a 5.4% drop in mortgage applications is a sign that the housing market is cooling off. (7)In other news making headlines...On-Time Rent in UnderwritingFreddie Mac is making it easier for some renters to qualify for a mortgage. As of July 10th, Freddie is including on-time rental payments in its underwriting system. (8)Freddie started encouraging landlords to report on-time rental payments to credit bureaus last November. It also offered an incentive in the form of closing cost credits for multifamily loans. That apparently attracted a lot of landlords.HousingWire reports that 70,000 households within more than 800 multi-family properties are now enrolled, and that more than 15,000 renters have been able to establish credit scores. Fannie Mae began a similar program last year.Rent Growth SlowdownThe latest rent report from Zumper shows a slowdown in rent growth. It says that rent levels typically peak during the summer because a lot of people are moving but this year, Zumper's National Index is up only .5 percent for one-bedroom apartments and down a big 2.9 percent for two-bedroom apartments. That lowers the national median price for a two-bedroom apartment to $1,707, and slightly increases the median rent for a one-bedroom to $1,421. (9)Airbnb Party Ban Now Permanent Airbnb's temporary party ban is now a permanent ban on “disruptive parties and events.” That includes open-invite gatherings as well as one-night rentals for a large crowd. Airbnb initiated a ban on “party homes” after an Airbnb shooting in 2019 that killed five people. It then called for a global ban on Airbnb parties at the start of the pandemic. (10)The global ban has reduced complaints by 44% but hasn't stopped them altogether. Airbnb says that people booking remote accommodations can often invite as many people as they want without getting caught. Airbnb says if they are caught, they could face consequences, including suspension or a permanent ban from the website.Airbnb OMG! FundOn a lighter note, there's still a few weeks left to participate in Airbnb's search for the craziest listing ideas, and the winners will get a hefty sum of money to make their crazy ideas a reality. Airbnb is funding the contest with a $10 million “OMG! Fund.” That's enough money to give 100 people $100,000 each to help finance these projects.The ideas will be judged on originality, feasibility, the experience the space will provide to guests, and sustainability. The deadline to apply is July 22nd. Check for a link in the show notes at newsforinvestors.com if you want to know more! The Airbnb announcement includes a lot of examples for inspiration. That's it for today. Please remember to hit the subscribe button, and leave a review! And thank you for listening!Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/coming-up-u-s-jobs-report-for-june-11657282206?mod=mw_latestnews2 -https://www.marketwatch.com/story/u-s-job-openings-dip-to-11-3-million-but-labor-market-still-historically-strong-11657122659?mod=economy-politics3 -https://www.cnbc.com/2022/07/08/involuntary-part-time-worker-numbers-dip-to-lowest-level-in-21-years.html4 -https://www.marketwatch.com/story/u-s-unemployment-claims-rise-to-6-month-high-of-235-00-in-possible-sign-of-rising-layoffs-11657197517?mod=jeffry-bartash5 -https://finance.yahoo.com/news/feds-bullard-sees-continued-u-170206923.html6 -https://www.freddiemac.com/pmms7 -https://www.marketwatch.com/story/mortgage-rates-fall-amid-rising-concerns-over-a-recession-11657203176​8 -https://www.housingwire.com/articles/freddie-mac-to-include-on-time-rent-payments-into-underwriting/9 -https://realestateinvestingtoday.com/zumpers-national-rent-report-for-june-22/10 -https://www.cnbc.com/2022/06/28/airbnb-makes-its-party-ban-permanent.html11 -https://www.google.com/search?q=airbnb+omg+fund&rlz=1C5CHFA_enUS822US822&oq=airbnb+omg+fund&aqs=chrome..69i57j69i60.4025j0j7&sourceid=chrome&ie=UTF-8

Join Sean Halter, CEO of Connectivity Holdings, as he interviews Zumper's CMO, Darren Goode, on this episode of The CMO Suite.

Top Stories:-Bakersfield Police have released body camera video of two recent officer-involved shootings, one of which was deadly-President Biden will be in Poland today and may meet with some of the millions of refugees from war-torn Ukraine-According to a new report by rental platform Zumper, Bakersfield ranked as the 67th most expensive rental market in the nation last month

Rental rates across the country are increasing, and when it comes to whose rent is rising fastest Austin, Texas, is on top. According to Redfin's rental market tracker, Austin's rental rates for new leases rose 40 percent over the last year. According to online apartment rental site Zumper, average rent increased 12 percent in 2021 and is now at an all-time high. Why are they rising now? And what can tenants, landlords, and policymakers do about it? Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find us on Twitter @1A.

Market indicators suggest that rent hikes are coming in 2022.Average rents for a one-bedroom apartment in the booming suburbs of Phoenix, Arizona, have more than doubled year over year, according to data from Apartment Guide. Meanwhile, rents in Manhattan have reached fresh records as life returns to the cities, according to Zumper.Support the show (https://www.patreon.com/seattlerealestatepodcast)

Christopher Alexander on the RE/MAX Condo Report and Crystal Chen from Zumper join Asif & Tina

Welcome back Jason's mom! Today Jason asks his mom about a variety of topics including tenant marketing and screening, self-management, hybrid property management, getting contractors, how to stay in control of your properties, using technology, insider tips and so much more! Jason also mentions the many benefits of joining the Empowered Investor Inner Circle. So sign up today! Also, join the upcoming Creating Wealth virtual event on January 28 and 29, 2022 where Jason takes a deep dive on his original and cutting edge techniques in growing your wealth! Go to JasonHartman.com to avail of the early bird rates! Key Takeaways: 1:25 The extreme do-it-yourselfer 3:23 Increasing rents and tenant turnover 8:13 Eviction proceedings on a long-term tenant 9:50 When a tenant leaves 15:27 Getting your property ready 19:40 Marketing your rentals, insider tips and tenant screening 26:16 You've chosen your tenant; now what? 30:51 Managing your relationship with your new tenant 36:23 Join the Creating Wealth Virtual Event on January 28 and 29, 2022   Website: JasonHartman.com EmpoweredInvestor.com   The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year???  This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Watch, subscribe and comment on Jason's videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Free Mini-Book on Pandemic Investing: PandemicInvesting.com Jason's TV Clips: Vimeo.com/549444172  CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect  What do Jason's clients say?: JasonHartmanTestimonials.com Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else:  JasonHartman.com/Fund  Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com Free white paper on the Hartman Comparison Index™  Guided Visualization for Investors: JasonHartman.com/visualization  

In this Marketing Over Coffee: In this episode Nancy Chen of Zumper talks about building unique customer experiences! Direct Link to File Brought to you by our sponsors: UserTesting and Terminus Starting with Email, and over to Postmates Building automated customized outgoing engagement email for the Zumper Real Estate Rental Platform 5:25 Experience what your […] The post Sending The Right Content in The Right Channel at the Right Time appeared first on Marketing Over Coffee Marketing Podcast.

Today's show is all about GROWTH. Specifically, I want to dig into the personal and professional realities of running a high growth company that often aren't terribly visible from the outside looking in. Today, I talk to Anthemos Georgiades (or Anth, for short), who is the founder and CEO of Zumper, an apartment rental platform based out of San Francisco.  If anybody knows about running a rapidly growing company, it's Anth. Consider this: Despite being founded less than 10 years ago in 2012, Zumper now boasts over 250 employees and 75 million active users, making it the biggest residential rental platform in North America. Since founding Zumper, Anth has raised over $150M in Venture Capital funds from a roster of VCs that would likely make many of his Silicon Valley CEO peers envious, including Andreessen Horowitz, Greylock, Kleiner Perkins, and Blackstone, among others.  Since its founding, Zumper has regularly grown at triple-digit growth rates, which of course has presented Anth with both problems and opportunities that some CEOs simply haven't had to deal with. Among other things, in our discussion today we talk about the tradeoff between raising growth capital and dilution of his personal ownership stake, how he thinks about how much money to raise at any given time, his views on organic versus inorganic growth (and his experience managing both), the systems and processes that often break in the face of high growth, how growth has impacted his hiring and retention strategies, and lastly how managing an ultra-high growth company has impacted Anth personally.  If you run a company that is growing at any pace, I hope and trust that you'll leave with at least a few nuggets of wisdom that will help you along your own journey.

Christopher Alexander with RE/MAX Canada discusses the RE/MAX National Condo Report and we learn more about Zumper! Tune in.

In March 2020, New York City was proclaimed dead. People fled, looking for more space and cheaper rents, as many could suddenly work from home. But where did they go? And did they come back? On this week's episode of Deconstruct, TRD speaks to Jeff Andrews, a data journalist at Zumper, and Javier Benson-Glanz, a general manager at real estate investment platform Cadre, about how these migration patterns have changed the rental market in New York City.

Rent is increasing, not only in Phoenix, but all across the nation. On this episode, Gary Harper is joined by Jeff Andrews with Zumper, an apartment rental website that monitors rental trends. Andrews says national rent went up 12% since this time last year, and there's no indication of going down. Andrews explores the reasons behind the jump. Gary is then joined by 3 On Your Side producer Warren Trent to discuss home rental scams they've covered and tips for consumers to avoid from being ripped off. Resources: Zumper National Rent Report https://www.facebook.com/zumperinc/ https://www.instagram.com/zumper/ https://twitter.com/zumper https://www.pinterest.com/zumper/

Audio Transcript:00:00:00 Intro Music[Speaker] Kathy Fettke: In this Real Estate News Brief for the week ending July 17th, 2021... what the Fed says about the June inflation report, why there's been a surge in listings, and where homebuyer love letters are now banned.Hi, I'm Kathy Fettke and this is Real Estate News for Investors.Economic NewsWe begin with economic news from this past week, and an unexpected bump in the consumer price index. The government reported a .9% increase in prices for June. According to MarketWatch, that's the largest monthly increase since 2008, mostly due to higher prices for used cars. But prices are also climbing for food, energy, clothing, plane tickets and hotels. The June bump brings the 12-month rate up to 5.4%. The core rate, which eliminates prices for food and energy, was also up .9%, but the 12-month rate is less. It currently stands at 4.5%. (1)Fed Chief Jerome Powell told members of Congress that inflation has risen faster and higher than the central bank expected, but he still thinks it's a temporary situation. He told the House Financial Services panel that prices will probably remain elevated in the coming months before they moderate. He cited three reasons. They include “base effects” because we are comparing current readings to last year in the midst of the pandemic, supply chain issues, and production bottlenecks. (2) The Fed plans to keep interest rates where they are for the time being and continue with the monthly bond purchases.The number of people collecting unemployment continues to dwindle. Initial jobless claims were down to 360,000 last week, which is a new pandemic low. And the total number of people collecting benefits from any program offered by state and federal governments is 13.8 million. (3)Consumers are worried about rising prices and the job market. The University of Michigan's consumer sentiment index fell to a six-month low in July, from 85.5 to 80.8. That's not a horrible number, but it shows that consumer sentiment hasn't climbed back to pre-pandemic levels. (4)That hasn't stopped consumers from shopping and dining at restaurants however. Retail sales were up .6% in June, which beat forecasts, and are now up 18% for the past year. That's better than they were before the pandemic. (5) Mortgage RatesMortgage rates are down again this week. Freddie Mac says the average 30-year fixed-rate mortgage dropped 2 basis points week to 2.88%. The 15-year was also down 2 basis points and is now an average of 2.22%. The 30-year hit a recent peak of 3.18% in April. (6)In other news making headlines...More Homes Hit the MarketSellers are finally making an appearance. According to Redfin, There was a jump in new listings last month. They were up 4% year-over-year in June, and 3% from June of 2019. Homeowners with plans to sell had been holding off during the pandemic. (7)They were concerned about having people in their homes as well as being able to find a new one. CNBC reports that vaccines are giving them confidence about health concerns and an increase in inventory is encouraging them to go through with their plans.Apartment Rents Surge HigherThe latest monthly rent report from Zumper shows that rents are rising across the country. It shows the median national rent for a one-bedroom apartment was up 4.9% in June to $1,315 a month. The median for a two-bedroom was $1,644. (8)The report says: “Rents are on the rise in a major way. Nationally, rents jumped at a staggering rate, and the cities that experienced the biggest drops in rents during the pandemic are now starting to trend in the opposite direction.”Buyer Love Letters Banned in OregonA new state law in Oregon prohibits homebuyers from sending love letters to sellers. Buyers try to endear themselves to sellers with warm and fuzzy stories about how much they love the home along with information about themselves. They may sound harmless enough, but the Oregon law prevents real estate agents from delivering those letters to sellers. The National Association of Realtors has been warning agents that they are putting themselves at risk by getting involved with love letters in any state. It said in a blog last year: “These letters can actually pose fair housing risks because they often contain personal information and reveal characteristics of the buyer, such as race, religion, or familial status.”NAR says that agents should refuse all love letters from buyers. Oregon is the first state to ban them. (9)Most Desirable Dream Home FeaturesOutdoor space has risen to the top of a list of priorities for the American dream home. A Buildworld survey shows that 66.3% of the participants want a garden more than anything else. Second on the list is a garage, and third on the list is natural light. In step with the idea of minimalism, having lots of storage is 15th on the list. (10)You can check for links to our sources in the show notes at newsforinvestors.com. You'll also find a link to join our RealWealth network of investors for free in the show notes. As a member, you'll have access to the Investor Portal where you can view sample property pro formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.If you like our podcasts, be sure to subscribe, and leave us a review! Thanks for listening. I'm Kathy Fettke.Closing Music00:05:49 EndLinks:1 - https://www.marketwatch.com/story/consumer-inflation-posts-biggest-increase-since-2008-cpi-shows-11626180086?mod=economy-politics2 - https://www.marketwatch.com/story/inflation-will-moderate-powell-says-in-prepared-testimony-to-congress-11626265864?mod=economy-politics3 - https://www.marketwatch.com/story/u-s-unemployment-claims-drop-to-new-pandemic-low-of-360-000-11626353365?mod=economy-politics4 - https://www.marketwatch.com/story/u-s-consumer-sentiment-sentiment-falls-to-6-month-low-amid-record-inflation-concerns-11626446571?mod=economic-report​​5 - https://www.marketwatch.com/story/big-tabs-at-bars-and-restaurants-drive-u-s-retail-sales-higher-in-june-as-americans-get-out-and-about-11626439961?mod=economic-report6 - http://www.freddiemac.com/pmms/7 - https://www.cnbc.com/2021/07/12/homebuyers-finally-get-a-break-as-new-listings-rise-and-mortgage-rates-drop.html?&qsearchterm=catching%20a%20break8 - https://www.zumper.com/blog/category/rent-reports/9 - https://magazine.realtor/daily-news/2021/07/09/oregon-bans-buyer-love-letters10 - https://magazine.realtor/daily-news/2021/07/15/a-third-of-americans-say-their-dream-home-is-attainable

Looking for a system that will help you automate the entire residential leasing process? Today's guest is Abi Wasserman from ShowMojo, a complete leasing automation platform that handles scheduling coordination and showings. Abi explains ShowMojo as automating everything that happens in the pre-leasing experience, from the moment a property is available and hits the market to the moment a prospective renter is moving forward with an application. You'll Learn... [02:24] ShowMojo: What it is, what it does, and how it's different from other options. [04:14] Touch Points: Automated communication confirms, follows up leasing process.  [05:22] Property managers fit business needs and leasing processes into one platform.  [05:50] Other Options: Some companies do showings or open houses differently. [06:29] Independent Experience: Know calendar availability for each team member.  [07:58] COVID Pandemic Hold: Starting to get back to first normal, busy leasing season.  [08:48] Walk the Talk: What to do when renting property to somebody site unseen.  [10:21] With so many property management tools, why choose ShowMojo? [13:30] FAQ: Focus on syndication, customers, security, and platform comparisons. [17:00] Determining Factor: ShowMojo's success is because of relationships.  [18:40] Pros and cons of occupant, self, and accompanied showings. [23:54] Common Problems: Time wasting calls? Use the automated ShowMojo phone. Tweetables “Your platform should allow you to be able to customize your needs, stack appointments up together, calculate drive time, and take that into account in between showings.” “That's going to turn into maintenance nightmares for you down the road or a tenant nightmare for you down the road because they haven't seen the property.” “The first place that somebody sees a difference with the way that ShowMojo operates, is really in that prospective renter experience.” “That prospective renter experience is important for them, but it's also important for you.” Resources ShowMojo Abi Wasserman's Email Abi Wasserman on LinkedIn Rently Tenant Turner TurboTenant Apartments.com Zillow Rentals.com Zumper DoorGrow and Scale Mastermind DoorGrow on Instagram DoorGrow on YouTube DoorGrowClub DoorGrowLive Transcript Jason: Welcome, DoorGrow Hackers, to the DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing your business and life, and you're open to doing things a bit differently, then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate, high-trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host, property management growth expert, Jason Hull, the founder and CEO of DoorGrow. Now, let's get into the show. My guest today is Abi Wasserman. Welcome, Abi. Abi: Hey Jason. How are you? Jason: I'm fantastic. I'm doing really well. How are you? Abi: I am good. Thank you for having me on. I appreciate it. Jason: I've been wanting to get ShowMojo on the show forever. They've been on my hit list for a long time and I finally just gave up. Then suddenly, you showed up on my calendar, which is awesome. I'm glad you came. Abi: I have a magic touch. It's like we have mojo or something, I don't know. It might be in our name. Jason: Yeah, maybe. Some ShowMojo. Abi, maybe give us a little bit of background on ShowMojo, if you could. Then maybe we can chat about what it is, what it does, and how it's different from the other options on the market. Abi: ShowMojo is the leasing automation platform. We have been around for over 10 years. My understanding of how DoorGrow got started originated out of this need for the property management industry, started from an entrepreneur and an entrepreneurial mindset. Our founder and his wife who owned property management units saw this need for automation to exist in their life. To stop them from taking away from their day-to-day life and what time was getting spent with the kids or at family dinners, those tasks, those phone calls, those emails, that coordination that typically comes with the leasing process, that pre-leasing process. What was bothering them and not conducive to that family time, it ended up turning into ShowMojo and this scheduling coordination. Eventually, self show as well but the entire leasing automation platform that is ShowMojo. Jason: Got it. I think ShowMojo really pioneered on the market the scheduling sort of aspect. Then it looks like Rently copied that. They had the lock boxes and now ShowMojo's got the lock boxes, too. Then you've got Tenant Turner and they seem to have a similar product. Why don't you explain for people that have no idea what ShowMojo is? They aren't aware of these. What it is and then maybe we can get into the differences. Abi: I like to explain ShowMojo as thinking about automating everything that happens in that pre-leasing experience, from the moment that a property is available and hits the market, to the moment that that prospective renter is moving forward with an application. What our platform and what ShowMojo does is it empowers that prospective renter to really self-drive their way through a prospect-driven leasing process. It allows them to really empower that process from start to finish, giving them that immediate touch, that immediate response that they crave when they're trying to schedule a showing. Giving them that automated communication throughout the process. Making sure that they have confirmed the showings or giving them the ability to automatically reschedule a showing. Giving them automated communication on the back end of that. Following-up after a showing. Following-up with the application process after the showing. Really making sure that there are just all of those touch points, and giving property managers that customizable platform in it where they can fit it their business needs, their processes, how they do leasing and not making a property management company have to fix their processes to a platform mix, if that makes sense. Jason: Yes. Could you give us some examples of how companies might do it a bit differently maybe? Abi: Some property management companies, for instance, will do great showings especially as we move more out of this pandemic, there are property management companies that will do great showings or open houses. Maybe they'll do clustered individual showings where you only want to go out to a property maybe once a day and you want to cluster your showings together where you've got five back-to-back showings. Your platform should allow you to be able to customize your needs, stack appointments up together, calculate drive time and take that into account in between showings. Know what calendar availability is there for each one of your team members, crosscheck maybe a third-party calendar like Google or Outlook, be able to send those invites back and forth between those calendars easily, and make sure that each one of your team members can also have that independent experience. If you and I were working together and you were showing a few of the properties and I was showing a few of the properties, we have independent schedules. Maybe we even both show one property and our times overlap, but the platform can still take that into account. Jason: I love the idea of group showings because it really would collapse time for the property manager. It could put so much work on their plate, but the tenants are often willing to move around your schedule and to do things that you want them to do because they're really trying to get into a place. If you can get 10 or 20 people to show up to a particular unit, even if you're just having them—if they're pandemic-scared—go through one at a time and they're waiting outside, that allows you to increase the perception of demand, it allows you to just get a bunch of applicants right away, and then you can go through screen and figure out who we should put into this place. I know property managers that they do one open house, one showing. They get plenty of applicants and then they get the thing rented out. Abi: And that is the case. I think one of the things that I've seen most recently as we've come out of this pandemic hold, which I think we've been in for a good 16 months of this, I don't know what's going to happen with my vacancy because of the pandemic. Now, we're coming out of that holding pattern where moratoriums are lifting and things are starting to get back to our first normal leasing season, busy leasing season. Now, what property managers are seen all over the country (I think) is that they're putting a property on the market and they are getting immediate applications, site unseen, where they will put a property on the market and they'll get 10 applications for it. I also have those conversations with property managers who want somebody to walk that property. You don't often want to rent to somebody that hasn't looked at that property because that's going to turn into maintenance nightmares for you down the road or a tenant nightmare for you down the road because they haven't seen the property. I didn't know that this was here. I didn't know you expected me to change my filter. I don't know where to change my filter. I never saw that. There's so many things that come up. Even with the market being the way that it is where you've got 10 applications coming through, then how do you set up the showings so that at least you're getting your top five applicants through that property and down the line through your application process? Jason: Right. It's Russian roulette, you're playing a dangerous game if you don't have people view the property. How does the ShowMojo compare, because I know there's a lot of tools out there. I see this question pop up in the DoorGrowClub, our Facebook group constantly. People are asking it on our mastermind all the time. Which tool are you using and why? Everybody has different opinions. How can you help people make the decision to choose ShowMojo over something like TurboTenant, Tenant Turner, Rently, all these different tools that exist out there? Abi: You know me and you know I've been around a really long time. I've got friends that work at other companies. Whenever I'm asked these questions, whenever I've been asked at a different company and against a competitive company there, my goal is never to sling mud. My goal is always to just talk about the differences or where I feel we have an advantage or how we do it and I like the way you do it. I will say that the first place that somebody sees a difference with the way that ShowMojo operates, is really in that prospective renter experience. With ShowMojo, when a prospective renter goes to schedule a showing, the experience for them whether it's on a desktop, whether it's on their mobile phone, it is all happening on one screen. They don't have to sign up for an account with ShowMojo. They don't have to pay a fee. Even if they're validating their identity with a credit or debit card, we're not charging them a fee for an account with us. They don't have to remember a username or password. I don't say this because I think that it's a bad user experience to do that. There are a lot of sites that I will sign up for recurring business. But when I'm renting, I don't really want to do that until I'm filling out an application and logging into a portal. I don't want to give anybody but that property manager my contact, like login details. I'll give you my contact details, but I don't want to do that. That's my preference as a renter because I have been one for too long because I can't do the math right now. As I get closer to my 35th birthday, I can't do math on the spot. I know you and I both have one coming up, if I remember that correctly about us both, we have one in I think the same week. But that prospective renter experience is important. Making it as easy for them to actually schedule that showing is critical. You also, for the property manager, if I'm a property manager, I want to own that rental lead. I don't want them signing up for an account with the service that I'm working with and then owning that data. I want to own that rental lead. I want them to be my rental lead. I don't want them seeing properties for somebody else's company. I want them being cross marketed properties that I have on the market. If something changes within my portfolio, I want them to be notified of it. I don't want them being dripped with other properties from other property management companies. I worked very hard to get those people over to my website or to get them to my listing. I want to own that data. That prospective renter experience is important for them but it's also important for you. Jason: I'm curious about what are some of the questions that prospective users of ShowMojo tend to have when they're coming to you during the sales conversation? Abi: A lot of the questions will circle around the syndication network that we have, whether if they are new customers, will it compare to what I'm doing with my software provider? If they are switching over from a different platform, does it compare or does it exceed what I already have? Oftentimes, it exceeds what they already have or it is an even match for. Jason: Let's explain syndication for those that don't know what it means. Abi: When we have listings through ShowMojo, what we do is we will push them out to internet listing sites. Things like apartments.com, Zillow if a customer is paying for it, rentals.com same thing as Zillow, realtor.com, Zumper, those kinds of ILS or the listing sites to get additional visibility and rental leads back in for our customers. With ShowMojo, we automatically respond to those leads pushing them over to get them to schedule a showing, but it's typically the same as or greater visibility than wherever they may have been coming from before. Jason: Got it. One of the strengths of ShowMojo is really good syndication. Abi: Yes and the email response and the communication afterwards. Jason: What are some of the other questions that people have when they're curious and vetting ShowMojo as a provider for them? Abi: I would say it probably will come in where the lock boxes and self-show is concerned and how do we handle security, how do we handle preparing for fraud because it doesn't happen frequently. It's going to happen in the property management industry. It's a factor of doing self-show and doing lock box showings. It's more of those questions of how do we prepare for it, so outside of the normal tech things that our team does by searching and preparing and preventing known scammers from being able to schedule, we don't advertise any of our listings as self-show or lock box showings. We don't distribute codes until the showing has been confirmed with that prospect or we have the additional step where they have to actually confirm their location is at the property. They have to use location enablement on their cell phones. We also follow up after every showing to make sure that that prospective renter has locked up and left the keys at the property. If they don't then we notify our customer of that. We have multiple different checkpoints in place for our customers on that side. Jason: Got it. Now, is that different from other providers when it comes to lock boxes? Abi: There are some providers that are very forthright about how much self-show they do, even advertising through video the entire self-show process on their customers' websites. I'm not sure where that checkpoints are in terms of checking back up with a prospective renter, so I'm not sure where the follow up process is necessarily with other companies. Jason: What do you think is the determining factor for people to go with ShowMojo then? How are you closing these deals, Abi? Abi: I would say number one, because of relationships, like I always do. At the end of the day, it is a more customizable platform to fit property managers' needs. It is cost effective, and we have a lot more bells and whistles to really be able to, so it ties back in with that customization but we have more bells and whistles to really fit it to the existing process. Customizing it from that first moment that they interact with the listing to the moment before moving forward with an application. Without going through a full demo, it's everything from cost to benefit and that value and between. Jason: Cool. ShowMojo sounds like a really awesome tool for property managers. Some are a little bit nervous about the lock boxes and self-showings, so what's your perception on who decides to do that and who decides not to? Because it seems like there's two solid camps there. I could never do that. It's too risky, and I love it and it's amazing. It seems very polarizing, I notice, whether or not to do lock boxes. Abi: I would say we are definitely fans of in-person showings because there are questions that you're not going to be able to… Number one, the first thing is that you're not going to be able to show occupied units. You're never going to be able to show occupied units on a lock box showing. The obvious benefit to doing a company showing says that you can stay pre-leased, and show occupied units, get them leased before they even go vacant. You can also answer questions that you're not going to be able to answer during a self-show. You can get a feel for those prospective renters. There are a lot of benefits to an accompanied showing. Jason: I'm curious about the pre-lease situation, how to ShowMojo handle the existing residents of the property and make sure that's communicated, because that's usually seems to be one of the most difficult sticking points with trying to do showing. Sometimes they're really resistant to having people come into their place. The communication back and forth. Then you're trying to negotiate times with them and with prospective renters. That communication gets a little cumbersome. Does ShowMojo try to facilitate that? Abi: A couple of things. One and I've had this conversation recently, so that's why I say a couple of things. I would have ordinarily just started with showing acceptance, which is where you can put in the residence information and they have to accept the show times or reject them. But the reason I say a couple is because I've had this conversation twice in the last couple of weeks. The response from the property manager was the same. That won't work. They will reject it every time. I said okay. Then in my brain, the way that I creatively think about this, is it goes back to the way that calendars are set up and ShowMojo. There is a way to set up a specific time window for each property. That is the only time that that property can be shown. I said, okay, well then, great. If they will reject every time, then you don't necessarily need to do showing acceptance with them. What you need to do is you need to say I will be showing your property, because you've given notice. Tell me what day of the week and what time frame will work for you for the next 60 days or 30 days or whatever notice they've had to give. Block it out for that recurring week notice. Maybe it's Friday from 2:00–5:00 are their window that you are allowed to show their unit. Then that way that is the only time that the showings will get booked for that property. Either way there is an option in ShowMojo. Chances are there's a way to accommodate it. There's the showing acceptance where you can put in the residence information or the owners, if its owner occupied. You can put in the owner acceptance too. You can put in there showing acceptance or you can block out the certain time windows for the property, so either way. Jason: Sometimes it's easier to tell people that it's going to happen, instead of asking for permission. Abi: Exactly. Jason: I like that. But the showing acceptance thing, that's pretty cool. This software has been around for a while. It really was I believe the first on the market that really did the scheduled showings model. It sounds like they've been optimizing and innovating since then and adding features. I think that is the niche that it's quite customizable which I think is appealing to property managers. It sounds like you have really good syndication. You also have the lock boxes thing. Anything else anybody should know about ShowMojo? Abi: If you've got questions, if you're thinking that it could do something, I wonder if it does this, odds are it does. We've worked with real estate listings. There's ways to do maintenance checkups. We use ShowMojo for our own demo scheduling platform. When somebody comes on our website to schedule a demo, we use ShowMojo for that. The way that it can be customized to fit whatever needs you have, it is endless. We just rolled out occupant-led showings. If you're actually having a tenant do a showing for you, a renter, with some of the people that may have been under more lock down restrictions. I know that sometimes you move towards the things that you have to do. I can sit here and rant and rave about ShowMojo for a while. Jason: That occupant-led showing is an interesting idea. I talked to the property manager and he had (I think) 1000 tours or more at a conference. He said that his company never did showings. He said, we just pay the occupants to show the property and we give them some sort of kickback if it gets rented. They're incentivized to sell the place. Abi: That's a great idea. Jason: The biggest complaint or challenge that you hear in leasing is just the time wasting phone calls. This is just such a time suck for property managers. You have people calling up and saying what's the square footage on this listing that I'm looking at right now, that has the square footage on it. Stuff like that. Does ShowMojo facilitate phone calls or work well with the solution that does? Abi: We do. We have our ShowMojo phone which is automated, that's included with all of the way that we do things which allows prospective renters to always get schedule a showing link or view all of the available listings and a gallery. It also will determine if somebody's running late for a showing and cancel it if they're running too late and follow up to reschedule. But we also have live answers available to our customers that are additional, but very affordable, very cost-effective. They can turn it on or off at any time but it's with our call team and they will answer basic questions just like you mentioned if it's something that they missed in the listing detail, they can schedule showings. If somebody calls to follow up on an application, they can answer that question. If it's a potential owner, they can answer those questions. They can take messages and forward them over to the team. It's something that they can turn on outside of office hours if they want to have their team handle it during office hours and have somebody else answer outside of office hours. We do have the ability to help with that. Jason: Where's the call center team based out of? Abi: We have virtual call centers, but they're both US and out of the US space. Odds are, if you call during daylight/evening hours, you're going to get somebody in the US and then outside of that, 2:00 AM, you may not get somebody in California. Jason: It's a 24-hour thing. Abi: Yeah. Jason: All right, any questions I missed? Abi: I don't think so. I don't like to control the flow. I feel like we had a good chat. I feel like it was good. Jason: Cool. How can people find out more about ShowMojo? Abi: You can always come to showmojo.com and connect with us there. If you want to send me an email, you can also always reach me at abbey.wasserman@showmojo.com. You can reach us on our website. Find us on LinkedIn and all that fun stuff. Jason: Cool. Well Abi, I appreciate you coming on the DoorGrowShow. We finally got ShowMojo in the books. Abi: Thanks for having us. Jason: Now I can point people to a podcast episode when they ask me about ShowMojo. Abi; There we go. Jason: All right. I appreciate you being on and I'll let you go. Abi: Thank you so much for having me. I appreciate it. Jason: All right. Property managers, if you are a property management entrepreneur and you want to add doors, you're wanting to grow your business, reach out to DoorGrow. We've got this new mastermind that we started towards the end of last year, which has been really awesome. That's probably why you're wondering why I haven't been doing very many podcast episodes. I've been really enjoying coaching clients and helping them grow. It's what I'm passionate about. We've got about 54 businesses in our mastermind as of today. Our goal was to hit 50 by the end of June, so we hit our target and we've got some really awesome clients, really awesome businesses in the program. One of our clients, a really hard worker, put in 3–5 hours a day using one of the strategies that I gave them. It cost them zero dollars, it's just time, and he's added 125 doors in six months. He was stuck at about 80 units before coming to us. He tried SEO and some other things. We've got clients that are showing up. One of our clients in the last weekly checking call said that they're adding 100 doors from one owner. The week before that, 21 doors. We've got another client that's been with us in the mastermind for coming up on maybe about a year, but at a previous call checked in adding a 25-unit complex, a 35-unit complex and these are by doing zero dollars in advertising. One thing I want to point out is if you want to grow your business fast, right now, the largest companies in property management are losing more doors than they're getting on. They're spending thousands of dollars a month on internet marketing. If you want to shift away from internet marketing, which isn't even working for the biggest companies, and getting cold leads that are time-wasters, tire-kickers, and have a low close rate, let me share with you and teach you how to grow your business rapidly by going after the blue ocean using that strategy. The 70% that are self-managing, creating warmer lead opportunities. Warm leads have a 90% close rate or higher typically for most property managers. I'm going to teach you how to facilitate that, how to make that work really well in your favor. You have other people feeding you more business, you're getting more from online reviews, and you're able to target groups, things that are high leverage that will feed you warm leads. Check us out at DoorGrow, schedule a call with us, and chat with us about the new DoorGrow and Scale Mastermind. Our guarantee in the mastermind is that within the first 30 days, the very latest by the end of the first 60, we will have double offset the monthly cost of the masterminds. You're making twice as much money in residual income. Otherwise, I'll continue to coach you for free. We've not yet had to have anybody use that guarantee. That's if you're willing to keep our three commitments, which means one hour strategic time in the morning, being a business owner instead of saying I'll work on my business tonight or on the weekend like a lot of business owners tend to do which doesn't generally happen. That's the garbage scraps of your time. Second commitment that's required is two hours a day, a tactical time to work on growing the business and implementing the strategies that I give you. That's less time than it would take to deal with cold leads. You're going to get a much bigger return and result. Then the third commitment is to show up to one of our two weekly group coaching calls that we have on Zoom. Those are on Wednesdays at 11:00 Central Time, noon Eastern. 9:00 Pacific, 10:00 Mountain. Those are on Wednesdays and Fridays. Wednesdays, we focus on adding doors, growth, sales, referrals, reputation, prospecting methods. We talk about websites, et cetera. On Fridays, we get into operations DoorGrow OS, which is better than EOS retraction. We've had several come from that sort of camp. It's the ultimate operating system for property management business. We get into DoorGrow ATS—applicant tracking system and hiring system. My goal is to build rapidly companies that can handle rapid growth, quickly hiring, off-loading in making sure that the business gets more and more in alignment for you, giving you the business owner more freedom, more fulfillment, more contribution, and more support so that it becomes more fun the bigger your business get. I'm really good at helping business ownership towards that. If you're frustrated, stuck in the operation side or in the growth side, talk to my team and let's get you maybe on board with the DoorGrow and Scale Mastermind. I appreciate everybody that's tuned into this or that's been paying attention to us on iTunes or on YouTube. Be sure to like, subscribe, give us positive reviews. We love all that kind of stuff if you got value from this. Until next time, everyone, to our mutual growth. Bye everybody.

Kristin B. Tate (FOX News, CNN, MSNBC) joins me to discuss Biden tax and housing policies, inflation, and investing. President Joseph R. Biden, Jr.’s bill to create a $15,000 first-time homebuyer tax credit is wrong. It helps the demand side. America needs help on the supply side. I give ideas. Biden wants to severely limit the 1031 Tax-Deferred Exchange for real estate investors. Only your first $500K of gains would be exempt from capital gains tax. This would cause a rush of sales in the real estate market. It would also hurt long-term liquidity for larger apartment buildings.  Zumper’s National Rent Report shows substantial rent increases in many Midwest and South real estate markets. I detail them. Next, Kristin B. Tate tells us why printing trillions of dollars means that investors should get out of the dollar. We discuss Joe Biden’s proposed increases to both income tax and capital gains tax. Kristin favors buying real estate assets to hedge against inflation: real estate, physical gold & silver, and cryptocurrency.    Resources mentioned: Kristin B. Tate on Twitter: @KristinBTate  Kristin B. Tate’s website & books: www.KristinBTate.com Show Notes: www.GetRichEducation.com/344 Zumper National Rent Report: https://www.zumper.com/blog/rental-price-data/ Get mortgage loans for investment property: RidgeLendingGroup.com New Construction Turnkey Property: CashFlowAndGrowth.com Ali Boone’s Recommended Book: https://amzn.to/2NsMVlF EQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold

Today: 00:43 - Jer thinks there's a problem with framing when it comes to a recent set of stories locally and nationally at a number of outlets about 246 people getting COVID-19 after being vaccinated. He argues that leading with that number and not putting the context of 1.7 million people vaccinated up at the top plays on fear and helps spur misinformation. 03:00 - COVID-19 cases continue to rage. We're in an "extreme" situation according to COVIDACTNOW in Metro Detroit. We run through the data and the stories as 3,000 people are hospitalized and we had more than 8,000 cases Wednesday. 04:56 - The all-electric Chevy Silverado and Hummer EV are being built right here in Detroit. 05:45 - Housing affordability has worsened in the United States and in Metro Detroit. Detroit area rents are up significantly since February 2020, more than 5% per month. National demand for Detroit is increasing and now, according to Zumper, a top five destination for people looking to move to. 06:48 - A local state lawmaker may be in legal hot water after a crash Tuesday 07:50 - How to score some American Coney Island Vans shoes

Top headlines for the Miami Herald for April 5 including COVID-19 vaccine eligibility, Knaus Berry Farm cinnamon roles, Air & Sea Show in Miami Beach, Zumper apartment rentals.

Think about the top 10 sites you visit every week. They probably have one thing in common: accurate, authentic, quality information. Tech companies like Google and Amazon have understood the value of data and putting the needs of...

Anthemos Georgiades, founder of Zumper, perfected his pitch the way most founders do: through trial and error. This show is about storytelling and all the elements that go into telling the perfect fundraising story. Anthemos deals with a difficult start to his tale having to manage “signaling risk” as well missteps with his deck and an overall lack of focus on the way to raising over $140 million dollars.

Summary: Advertising your vacant rental units online has changed, and that’s due to some acquisitions and partnerships that we’re discussing today with James Barrett, CEO and Director of Business Development at Tenant Turner. On this episode of The Property Management Show, we’re taking a look at property management marketing and how the online marketplace has […] The post Property Management Marketing | Part 1 | The Rise of Zumper & Facebook Marketing appeared first on Fourandhalf Marketing Agency for Property Managers.

I'm sharing insights into reducing and/or eliminating rent (including unique partnerships and/or moving overseas), making money with event spaces, collaborations with brands you love, and co-living & co-working communities! - Blog Post with features with Zumper, Apartment Life, WeTravel, CA Travelers & more! Full Series Money Matters 1 PLUS I am sharing insights into our Create IT Summit & http://bit.ly/createitonlinesummit - I am sharing insights into everything from Jump Start to Time to Transform to practical matters like Smart Social, Inspire Influence, Boss Brand, Momentum Maker and MORE for you to CREATE a Life & Business You Love on this series! - Creation Club Mastermind & Free 14 Day Challenge https://www.fitlifecreation.com/retreats Prior Account https://www.instagram.com/katrinajuliafit/ - Starting New https://www.instagram.com/katrinajuliafit2/ - Next Series Coming Up: Travel Time Faith Focus Online Business - Let's CREATE! Tag us on social media for a chance to win one of our giveaways: a month in the mastermind, a course, and/or event ticket! @katrinajuliafit @fitlifecreation #createitgiveaway #createit #fitlifecreation FIT Life Creation: Lifestyle Brand: Health, Wealth, Biz in 1 Think Amazon Meets Airbnb for Transformation with Influencer Marketing (Revolve / Like it to Knowit) and Fundraising Twist. - CREATE IN OUR COMMUNITY 1 LIFESTYLE TRANSFORMATION & ENTREPRENEURSHIP FREEBIES LIBRARY 2 LIFESTYLE TRANSFORMATION LIVE EVENTS AND RETREATS 3 CONNECT AND CREATE COMMUNITY IN OUR LIFESTYLE ENTREPRENEUR COLLABS 4 INFLUENCER MANAGEMENT for INFLUENCERS & BRANDS 5 WELLNESS, MEDIA, LIFESTYLE & TRAVEL FOR BRANDS --- Support this podcast: https://anchor.fm/create-with-katrina-julia/support

In this trailer, hear the background for what will be an amazing season of conversations that show what it takes to get a startup funded.Intriguing quotes from the founders of Zumper, Fama, TRNDS, and more tease some of the topics that will be covered.

Welcome to my new PropTech Talk Thursday series to take a look and provide my candid thoughts on new Proptech businesses. These could range from products to companies leveraging technology to improve all facets of real estate. The Real Estate industry is one of the slowest to adopt technology but there are many opportunities along with money chasing these opportunities. Have you ever dealt with the hassle of renting out a property and wished there was a one stop shop to manage the entire process? Let me introduce you to Cozy. Founded in 2012 in Portland Oregon, Cozy has raised a total of $18.4M and was acquired by CoStar group in 2018 for $68M.They are an online property management service designed for landlords and renters to handle processes like rent payments, rental applications, tenant screening, and property advertising helping small and medium landlords and renters to facilitate both sides smoothly. So how does it work? For landlords, their platform allows you to list your property and collect applications all in one spot. The listings you post on Cozy.co are syndicated with Realtor.com and Doorsteps.com. Applicants are able to directly apply and purchase a background check and credit report through them for $40. When an agreement is reached, you are able to collect rent through their platform every month without any additional charges. Tenants can send payments for free with their checking accounts. They can also pay with a debit, credit, or prepaid card for a 2.75% transaction fee. You're able to manage the entire process all in one place. Now, they do face a lot of competition. I just recently leased a client's home as a landlord and just like marketing a home for sale, you want to get as much exposure as you possibly can. There are many options for consumers and landlords including Zillow, Craigslist, Facebook marketplace, Zumper, and/or the MLS. There is no centralized system like you will find for properties to buy and for sale. Summary: Nevertheless, Cozy is a great option to post and manage the process of finding the best tenant. You can always post in multiple platforms for a rental and then have the screening process through your favorite portal. Leave in the comments below if you have rented a property, and which site you used. Did you have a good experience? -- Want to talk about your real estate goals? Find a time on my calendar! Looking for a real estate agent in your city? I have a network of top producing agents around the country. Email me and I can put you in contact with an agent in your area. Spencer@SpencerHsu.com

Anth (@anthemos) is a long-time friend, and great entrepreneur, he is the Founder/CEO of Zumper and has grown it over the last 8 years into the largest private rental marketplace in the US & Canada with 80m+ users, with $150m of Venture funding raised too We discuss real estate and the impact of COVID (with lots of interesting data), politics & stimulus, entrepreneurship (especially learnings/mistakes), and future impacts of COVID to the global economy as a whole (who are the winners and losers) This is the second episode of the 'At the Coal Face' series where I talk with leaders who are at the frontlines of the real economy

“I think the next generation of the marketplaces are going to be full stack where you don't just do marketing, you actually help the renter and landlord through the entire transaction on one platform.” – Anthemos Georgiades (21:33) The real-world experience of queuing up for access to university housing, inspired Anthemos Georgiades, Co-Founder and CEO at Zumper to ask:  “Why can't I book a 12-month lease online? Why do I have to go in person?” Fast forward a few years to the birth of Zumper, which aims to make renting an apartment as easy as booking a hotel.  Mitch sits down with Anthemos to discuss its acquisition of PadMapper, the similarities and differences between the US and Canadian rental market, as well as the impact of COVID on rent rates, and Zumper’s cutting edge solution “Instarent”. What we talked about: Zumper's business model and its future The impact of COVID-19 on the rental market  The importance of new technologies in the rental industry Check out the podcast on Apple, Spotify, and Google Play, or on our website: rentsync.com/podcast.

On today’s show we’re talking about the effect of the pandemic on rental markets across North America. The results are somewhat surprising. The biggest worry has been whether tenants would pay rent despite the staggering job losses. It seems that the stimulus money that governments have been showering the country with have been effective in protecting rental payments. The National Multifamily Housing Council Rent Payment Tracker found 94.2 percent of apartment households made a full or partial rent payment by June 27 in its survey of 11.1 million units of professionally managed apartment units across the country. This is a 0.5 percentage point decrease from the share who paid rent through June 27, 2019 and compares to 93.3 percent that had paid by May 27, 2020. While the rent collections for June were down 0.5% compared with a year earlier, we are seeing that some tenants are struggling to make payments on time and are paying later in the month than previously. But here too the difference from last year is small. The biggest drop in rent collections happened in March and April, before the unemployment benefits were fully rolled out. Collections have steadily improved in May and June with the June numbers being virtually identical to the 2019 numbers. There is one caution and that is what is happening in the smaller self-managed rental market. We’re hearing data that collections in that segment of the market are much lower. We will try to get more data on that segment for a future show. So if rental collections haven’t really dropped, then what’s changed in the rental market? According to a new report on Zumper published in June of 2020, we can see some changes in the rental market. Zumper’s National Rent Report analyzes rental data from over 1 million active listings across the United States. Data is aggregated on a monthly basis to calculate median asking rents for the top 100 metro areas by population, providing a comprehensive view of the current state of the market. The report is based on all data available in the month prior to publication. Covid-19 has shifted demand away from the most expensive markets. When you look at month over month data, all of the top 10 priciest cities either had flat or declining rents. It seems the pandemic has shifted the demand for apartments away from the most expensive cities, since usually demand picks up as we head into summer but now the opposite is true. As more and more companies move into remote work, many renters don’t want to pay the big city price tag when they are unable to use the amenities and are looking for more affordable options outside of large, metropolitan areas. The most expensive city in the nation experienced the largest year-over-year drop since we started creating these reports in 2015. San Francisco one-bedroom rent is down 9.2%. Similarly, the 3 next most expensive markets, New York City, Boston, and San Jose, all had negative year-over-year changes for their respective one-bedroom rents as well. Some cities have actually experienced rent growth during the pandemic. One city in which my team has projects is Spokane Washington. The Spokane Valley is an area where rents have increased 5.1% year over year for one bedroom units and 3% for two bedroom units. Much of that change is recent with rents having increased 3.8% in the past month for 1BR units and 3% for 2BR units. In my opinion, there’s no question that changes in employment are affecting people’s choices of rental accommodations. These choices are being influenced by affordability. If someone loses a job, they’re going to be looking for less expensive accommodation. If they’re going to be working from home for an extended period of time, then they may choose to move from a high cost dense urban environment to a lower cost area where they can socially isolate and continue to work from home with more access to the outdoors.

The news to know for Monday, June 29th, 2020! What to know today about: COVID-19 cases worldwide Russia reportedly plotting to hurt Americans two historic votes (one of which will lead to a state changing its flag) Facebook's newest policy Boeing's Max jet getting back in the air Yeezy going to Gap ... and more in less than 10 minutes! Head to www.TheNewsWorthy.com under the section titled 'Episodes' to read more about any of the stories mentioned or see sources below... This episode is brought to you by www.FunctionofBeauty.com/newsworthy. Thanks to The NewsWorthy INSIDERS for your support! Become one here: www.theNewsWorthy.com/insider          Sources: Global Coronavirus Milestones:: WSJ, AP, Axios, Johns Hopkins Masks Encouraged: NBC News, WaPo, WSJ “Window is Closing” to Get Virus Under Control: CNN, Axios, Politico Russia Offers Bounties to Kill U.S. Troops: AP, NY Times, FOX News, Reuters, Trump Tweet Trump Shares “White Power” Video: ABC News, Reuters, NBC News, CNN, Biden Response Mississippi Flag Vote: WaPo, Reuters, WSJ DC 51st State Vote: The Week, NPR, USA Today, WaPo, Bowser Tweet Facebook Labeling Rule-Breaking Posts: AP, Engadget, NPR, Facebook Major Brands Join Facebook Ad Boycott: CNN, Mashable, USA Today, FOX Business, WSJ Boeing to Begin Max Test Flights: WSJ, Reuters, NY Times Kanye West Brings Yeezy to Gap: AP, NY Times, Forbes, Gap BET Awards: AP, Billboard, BET Monday Monday - U.S. Rents Decreasing: CNN, Zumper

Find out what's selling in San Francisco and what's sitting on the market. According to Zumper.com, rents are down over 10% year over year. What's happening with the high rise luxury market in the South of Market & Mission Bay neighborhoods? Single family homes in a good location, in decent shape and an outdoor space seem to have the most buyer demand. How's the luxury market? Hot!

This Week's Monday Morning Real Estate Update primarily explores the state of Rental Prices in the US, focusing on data collected by Zumper.com. The top ten cities for most expensive rent include (from lowest to highest):Miami @ $1,750San Diego @ $1,770Seattle @ $1,800Los Angeles @ $2,170Washington, DC @ 2,220Oakland @ $2,350San Jose @ $2,420Boston @ $2,450New York @ 2,950San Francisco @ $3,360Mykel also explores single family home sales data and the overall state of the economy with a small segment on King County, Washington and Seattle.

The coronavirus pandemic is making some renters more vulnerable to losing their homes after nearly three months of shelter-in-place orders. Some tenants have kept up their payments thanks to government relief programs or even charging rent on their credit cards. At the same, apartment listing website Zumper reports that rents plummeted in May in some Bay Area cities such as San Francisco and Mountain View. We discuss how the pandemic is rattling the rental market. 

NerdWallet helps consumers respond to pandemic-caused financial strain and plans for a major Q3 increase in ad spending. Also, Zumper promoted a new Chief Marketing Officer and lands a new sixty million dollar round of funding.

Anthemos Georgiades sees Zumper as the answer to the apartment rental transaction no longer requiring an office. And while prior to Covid-19, rents were increasing at an alarming and unprecedented rate, the sudden halt is leaving some scratching their heads wondering what will happen to the market next.

Discussed this episode is Jelly Belly's latest seltzer, Smashmallow's snacks, Boba Guys bubble tea, Nylas API, Twitter's latest rollout, and rental finder Zumper.

Coverager discusses the recent news of Albert’s $50 million round, Allstate’s partnership with Ford and Zumper exploring insurance.

The post E1031: Zumper CEO & Co-Founder Anthemos Georgiades makes renting an apartment as easy as booking a hotel, shares insights on monetizing marketplaces, diversifying revenue streams to limit downside, Airbnb’s effect on the rental market & more! appeared first on This Week In Startups.

The post E1031: Zumper CEO & Co-Founder Anthemos Georgiades makes renting an apartment as easy as booking a hotel, shares insights on monetizing marketplaces, diversifying revenue streams to limit downside, Airbnb’s effect on the rental market & more! appeared first on This Week In Startups.

Today we're rebroadcasting our conversation with Jeffrey Ouyang, who is the Manager of Paid Acquisition at Zumper, a real estate rental search engine. Prior to working at Zumper, Jeffrey has worked in a variety of different marketing roles for various startups in Silicon Valley, building out his toolkit along the way. Show NotesConnect With: Jeffrey Ouyang: Website // LinkedInThe MarTech Podcast: Email // LinkedIn // TwitterBenjamin Shapiro: Website // LinkedIn // TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today we're rebroadcasting our conversation with Jeffrey Ouyang, who is the Manager of Paid Acquisition at Zumper, a real estate rental search engine. Prior to working at Zumper, Jeffrey has worked in a variety of different marketing roles for various startups in Silicon Valley, building out his toolkit along the way. Show NotesConnect With: Jeffrey Ouyang: Website // LinkedInThe MarTech Podcast: Email // LinkedIn // TwitterBenjamin Shapiro: Website // LinkedIn // Twitter

Is pre-screening tenant leads the most time-consuming part of your business? What you need is an online system that advertises, generates and pre-screens leads, automates showings, and turns leads into applications at a reasonable price.  Today, I am talking to Cliff Hayden of ShowMeTheRental, a time-saving tool for automating and screening rental leads. ShowMeTheRental handles the B.S. part of management between prospective tenants and property managers/owners.  You’ll Learn... [03:05] From Lineman to Realtor: Longest suspension in AT&T history to do real estate. [04:00] Poor Priorities: Money was goal. Financial success wrecked family/homelife. [05:15] ShowMeTheRental: System put in place to automate lead screening for tenants. [06:12] Fulfilling Family Priorities: Money is a tool, now; not a goal.  [07:25] Happy vs. Frustrated Customers: Set expectations of what you expect from them and what they expect from you via questions that filter qualified leads. [11:25] Where is ShowMeTheRental advertised? All major Websites, including Zillow, Facebook Marketplace, and HotPads. [15:18] See something you like? Try ShowMeTheRental today to save time and money. Tweetables Working all the time costs you family and friends. Money is a tool, not the goal. You can buy time, but you can’t get your time back.  Resources Cliff Hayden’s Email Cliff Hayden’s Phone: 502-641-8781 ShowMeTheRental  Rich Dad, Poor Dad by Robert Kiyosaki CASHFLOW Game Kentuckiana Real Estate Investors Association (KREIA) Section 8 Housing Buildium Zillow HotPads Google Trends DoorGrowClub Facebook Group DoorGrowLive DoorGrow on YouTube DoorGrow Website Score Quiz Transcript Jason: Welcome, DoorGrow hackers to the DoorGrow Show. If you are a property management entrepreneur that wants to add doors and expand your rent roll, and you are interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow hacker. At DoorGrow, we are on a mission to grow property management businesses and their owners. We want to transform the industry, eliminate the BS, build awareness, expand the market, and help the best property managers win. So, if you enjoy this episode, do me a favor. Open up iTunes, find the DoorGrowShow, subscribe, and then give us a real review. Thank you for helping us with that vision. I’m your host, property management growth hacker, Jason Hull, the founder of OpenPotion, GatherKudos, ThunderLocal, and of course DoorGrow. Now, let’s get into the show. My guest today is, Cliff Hayden. Cliff is from a tool called... what's your tool called, Cliff? Cliff: showmetherental.com Jason: ShowMeTheRental. All right Cliff, let's get into your background. Tell us a little bit about how you got into this so people get familiar with you a little bit. Cliff: I got into ShowMeTheRental to save my marriage, actually, and my family life. I worked at AT&T, my real job, when I first started this business. I was an outside plant technician, which is a fancy word for a line man. [...] bucket trucks and put up telephone lines everywhere. I always wanted something more, so,I got into real estate. You've heard of Robert Kiyosaki? Rich Dad, Poor Dad. My brother-in-law was in, and my sister came back from Iraq. They brought home a game called CASHFLOW. I can remember sitting at the dining room table playing CASHFLOW. I didn't understand that you can buy assets and buy rental houses, and people will pay you and you can make money off of it. That's how green I was when I first started. I knew absolutely nothing. From playing that game, I actually signed up for a mentorship through Robert Kiyosaki. They helped me buy my first duplex. End up being a horrible deal, it was bad, but it all worked out because in that whole process of getting a loan on it and learning what I was doing, I found our local real estate club called Cria. I started going to local meetings and I met a mentor, a guy named Mike Butler. He took me under his wing, showed me the road to real estate, and made sure I didn't fall on my face. He was a big part of my success. From there, I worked a full time job and started buying rentals on the side. Long story short, I just started making enough money to quit my job. Now, cool story that I like to tell is, I do hold the longest suspension in AT&T history. I come from a lower middle class family. I didn't want to quit my job and do real estate full-time. It was a very high paying job for us and a very good job for my family. I just didn't want to up and quit, so got suspended on purpose. As a lineman, you have to have a CDL license, and they random drug test you. They did pop me a random drug test. I decided I wouldn't take it, which is an automatic fail. Then they suspended me. I took that suspension and turned it into four-and-a-half months. In the meantime, in the first month of my suspension, I made my whole salary at AT&T doing real estate full-time. I kind of drag it out and then I decided to quit my job and do real estate full-time, which was awesome, because I was my own boss. I had a lot of fun in the beginning, but my priorities were all mixed up. When I first started, my priority was money was the goal. The problems that I had was all I focused on was money, buying houses, and doing everything I could to get money because I thought that was going to make me happy. What it did is, I became financially successful, but my home life was a wreck. I'm happily married with five children. I would work all day, come home, and continue to work. I couldn't turn it off and it's causing a lot of problems at home. The biggest problems at home is, when I would come home and eat dinner, I would get text messages, phone calls, emails, because at any given time we would have three or four empty rental houses. All these leads would start coming in and my wife would just get, I call it superman vision. She had that look on me where she could shoot lasers out of her eyes. She would. It caused a lot of friction at home and a lot of problems. I decided there’s got to be a system I could start putting in place to make this more fun, to make this job smoother, and to get my life back, because I was just working all the time. I didn't see my family, I didn't see my friends, I didn't have anymore friends because I was doing nothing but working all the time. I went out and started putting systems together. One of the systems I wanted was lead screening for tenants because it was our biggest headache. When we get empty houses in our town, nothing to get a hundred phone calls and emails a day. There's no possible way to keep up with those without a system in place. When I tried to find a system, I couldn't find anything I like or anything with a good price point that I like. That's where we created ShowMeTheRental.  What we did with ShowMeTheRental is we took all the problems we were having, created a system for it, and then automated it. What ShowMeTheRental does is, it's an online system that advertises, generates leads, prescreens those leads, automates the showings, and turns those leads into applications. We do all these automatically, with a few clicks of a button, and at a price point that I think is incredible. For $49, you can put it in our system and it's on there until it's rented. That's how I got into real estate. Over the last six or seven years, I started changing my priorities to live a more abundant life. Now, money is a tool and not the goal. That's the biggest change I've had over the last several years. Now, I don’t miss any field trips. We switched our whole business around and put systems in place so I can be mobile. That's our new goal now. With the technology that's out there now, and the systems in place, if you just take the time to do it, it's not very hard to do. Now, with all our kids, we travel every summer. This year we went to Colorado for a month, then stopped to St. Louis from Branson, Missouri, and we just get back from Pigeon Forge. We have systems in place now to run our company, so we can be mobile and I can do what's important, which is making sure my kids are good, happy, and productive citizens. That's my quick story. Jason: Tell us more about ShowMeTheRental. It sounds like a lot of your clients are individual investors. A lot of investors can use this. They can put in their one property when they need to make sure it gets rented. It deals with all these tenant leads, help systemize the process so they're not overwhelmed in it, and filters out some of the riff-raff and time wasting. Cliff: Correct. Jason: Maybe you could explain the process of once somebody gets into your system, they sign up. Take us through what's going to happen. Cliff: I'll tell you our situation. Our situation was, when we would have leads coming in, we would always find ourselves asking the same questions over and over, which were, “Are you on Section 8? Will you sign a three-year lease? How much money is in your bank account? How long have you been on your job?” Simple questions we wanted answered to qualify, to go see our houses, or to rent our houses. What we did is, we generated a list of around 40 questions that we use and that we think other property managers like you all would use to kind of this thing about big funnel. Take a big funnel people and just get them down to that. Take that 100 or 200, get it down to that 15 or 20 really qualified leads that get access to view your house, so you're not wasting your time. More importantly, what we learned is tenants get pretty upset going to look at houses they're not qualified to go see. They fall in love with the house, only to find out they don't qualify income-wise. “You don't take Section 8. They don't want to sign a three-year lease.” We set it up for them also, so they'll have a system where they know that if they don't lie on their question and tell the truth, they’ll have a great opportunity to get this house. It could be theirs. We mesh that together so everybody can be happy. Jason: So really, it reverses the issue. A lot of times, what happens is tenants apply for a bunch of properties, renters will apply for a bunch of properties, and hope that they'll get one. They aren't taking a look at the income requirements. None of these things were filtered when you're looking at Zillow rentals or wherever they're looking to find a property. They're just going, “Oh, I like this one. This looks great.” They're not really aware of what they would qualify for. They're getting frustrated. They're wasting a lot of time. Really, it doesn't take a whole lot for somebody to get frustrated. You see, you go look at a couple of properties that you like, and find out you don't qualify. You'll start to get pretty upset and annoyed, I'm sure as a renter. It would be really challenging. Cliff: Yes, and there are customers. I call them customers. Just like any business, you want your customers to be happy. You don't want to start them off on the wrong foot. I want to set the expectations upfront about our policies and procedures, so we go into what we expect from them and what they expect from us. It just streamed on that system so much better than what we did before. This way, we're not wasting our time and we're collecting all their information. We can go into that. It's hard to go over on a podcast, but we can. For guests who want to check out showmetherental.com, it shows you we collect all the lead information and we actually have a cross-reference database, that if they don't qualify for my property but you're in our system, they qualify for your property, Jason, it will send them over to you. We have a system where, when properties pop in our system that they qualify for, it will automatically send it to them. I know based on their profile they filled out and the prescreening questions they answered, that they're qualified to go see that house. I think that's important and the tenants really like it, because you said it best, it's just such a headache to go to 20 houses and know you're only qualified to rent two of them. I think a lot of people miss that because I think we need to take care of our customers because they're our business. If we don't take care of them, we don't really have a business. If we can get those good customers in there, spread that word of mouth, and get them to know about us, it makes our lives a lot easier. Jason: What are some of the common questions that a homeowner, or an investor, or maybe even a property manager usually ask you about ShowMeTheRental? Cliff: I don't know the common questions. The biggest one we get is what websites do we advertise on? We do all the major websites. Zillow, which is always number one, Facebook Marketplace, we just syndicated with Zumper, Trulia, HotPads, Rent Leads, all the major websites. We advertise on every major website. How this system works is, when you put in on the website through our system, it goes into our system. Instead of them contacting you, they're going to contact our system. They can contact us via phone, via email, and via phone number. Each specific city has their own phone number and how will they contact us. Usually, 90% is through email. When they go in Zillow and to your property, when they look at it, they'll inquire about it and then we will send them, through ShowMeTheRental, a link to your prescreening questions. From there, they'll answer those questions and if they answer those questions correctly, we will then send them showing instructions based on your preference. We have five different ways to show the property. Once they looked at the property, we will send them a link for an online application. We provide one, but we recommend if you have your own, you can just put your own application link in our system and it will send them to your application. We use a software company called Buildium. I want everything in Buildium, so I'll have all the stuff already entered. From there, we have our screening service. We screen, we don't offer the service we have in our in-house. We then screen the tenant, get all the information we need from them, and we take it from there. Jason: Okay. You're not just helping prescreening, but you're also fielding the phone calls. You really are this barrier between the prospective tenants and the homeowner property manager. Cliff: To me, we're the BS part. We help fix the problem, the BS part of management which is prescreening and leads. I think that is the most cumbersome, time consuming part of our business. Jason: Yeah. It's a huge time waste. Cliff: Yes, A huge time waste. Jason: It just cost a business money. It doesn't make an investor or property manager money. In general, it’s the garbage of phone calls. “How many square feet are on this property that I'm looking at right now?” where it says the square feet on the property. You know, these kind of calls. You guys will handle the phone calls? Cliff: The system does, correct. Jason: Or emails, or all that kind of stuff? Cliff: Everything, yes. It's all automated.  Jason: Okay, cool. You do it on a per property basis. What bout a property manager that has a lot of properties, or an investor that has a lot of properties? Cliff: What do you consider a lot? To me, a lot is a couple of hundred. If you have multiple properties, we’ll work out discount prices for you. I guess there's no grey area. There is no setup fee, but if you have multiple properties on there, multiple times we’ll work out deals with you. Most of the time it's people like me, who have 30 something properties. We have pretty nice properties. We sold off all our pain in the ass houses. We might have, out of those properties, every year we have two, maybe three turnovers. I like it. This is more built towards smaller amount of pop we do. Of course, we do take on all the bigger ones, but it's more of, you got two or three rentals a year. If you do have multiple ones, then we'll work with you on prices and make sure everybody is happy. My big goal is to get people their time back. I know it changed my life when I started living life more and stopped worrying about all the money all the time and just started being home and being present with my family, with my kids, and being more involved. That's our big goal, is just to help. You can't get your time back. That's what I tell everybody. Jason: Right. You can buy time thought. Cliff: You can. Jason: The residents experience going through this, what's their experience? Cliff: What they'll do when they log on to the site, their view is a map of whatever city they're in, it will show different properties. What we try to do, when we market, when they go in, they got to sign up with their phone number, email, and name. Then, we're going to try to get them a profile filled out before they even go into a house. We're going to get a profile filled out of all the questions we have and then we're going to match it up the properties. If they don't go that route and say, they find it on Zillow like I said earlier, then from there, they'll just get on Zillow, find a house, inquire about, and they'll answer the prescreening questions from there. If they qualify, they get to see the house. If they don't, it just tells them they're not qualified to go see the house. Jason: Got it. So just kind of kills it there.  Cliff: It kills it there so you don’t have to talk to them. You seem like a nice guy like I am. I don't know how many times you've been on the phone and you have to tell them, talk to them for 15 or 20 minutes and they go on for 15 or 20 minutes, and you don't want to hang up because you want to be nice. It’s just a headache. It takes care of that headache. Managers had that conversation, I know all of them have. All those conversations are gone, which is a big blessing. Jason: One phone call is probably 10-15 minutes, because you have a nice intro on the call, you have to be cordial, they're going to have some questions, you want to answer those questions, and then you need to figure out how to end and get off this call in a nice fashion. Yeah, it eats up a huge chunk of time. Cliff: Yeah, huge chunk. Jason: If it's a nice property, it's in a nice area, and it's priced appropriately, you're going to get a lot of these phone calls. It can be pretty cumbersome and overwhelming if you're trying to just enjoy your day, have a day job, or do something. Besides, I have this part time business of managing a property. Cliff: Yes, correct. Jason: This one property. If you have multiple, it becomes even more crazy real quickly. This is something that maybe property managers could use. I mean really, it’s a piecemeal service. It's like “Hey, I need it for this property, maybe not for this one.” They can use it as needed, maybe something supplemental to the other stuff they have going on, like through Buildium or [...]. Cliff: Correct. Definitely. Jason: Ok cool. Cliff, is there anything else people should know about ShowMeTheRental before I let you go? If not, tell us how everybody can get in touch with you and find out more. Cliff: The only thing I ask is just give it a try. Check it out. Hopefully, you’ll like it. It's been a huge game changer for us. Like I said earlier, when I come home from work, I'm actually home now, I'm not working all the time, I'm not answering phone calls. I just say, give it a try to see if you'll like it. I think you will. As far as contacting me, you can reach me anytime. My email is cliff@showmetherental.com and you call me if you have any questions, if I can help you. I do answer my phone only between 12:00 and 1:00, and 4:00 and 5:00. If you call outside of that, I’ll try to call you back the next day. You can reach me at (502) 641-8781. Jason: Perfect. Cliff, I appreciate you coming on the DoorGrow Show, it's great to have you, and everybody, check out showmetherental.com Cliff: Jason, I appreciate your help. Thank you, sir. Thanks for the opportunity. Jason: Alright, cool. I appreciate Cliff coming on the show. If you are a property management entrepreneur that wants to grow your business, one thing you may want to take a look at, that I will mention a little bit is take a look at your website. If your website has been around for 2-3 years or longer, that's the typical lifespan of a website or a design. It maybe starting to look stale, which creates a perception about your business. Once it's get about 5 years old, it starts to get a little bit painful. It's a little bit embarrassing. It looks probably outdated.  The reality is, most of our competitors, when it comes to website design, a lot of their designs were designed 2-3 years ago. The challenge is, you're getting websites, sometimes out of the box, that's already design-wise, behind and outdated. So make sure to go and test out your website by going to doorgrow.com/quiz. You go to doorgrow.com/quiz, test your property management website, take the quiz. It will help you see how effective it is at creating leads, generating business, capturing and creating trust, and capturing and converting people that are visiting on the site. It's really all about trust, instead of just trying to manipulate Google and get to the top of Google. I'll just point out that the reality that search volume for property management according to Google Trends—you can go to trends.google.com and put in property management, back date it, filter it for the US, back date it to 2004 to the present—is low. It's small. You can compare it to any other term and see this. It really hasn't grown since 2004. In fact, it slightly peaked in 2011, around July, the summer, when property management search volume peaks each summer, but it's been on a steady decline since 2011. There's less people searching. Not only that, but competition has gone through the roof since 2011. Competition has been increasing. Everybody’s pushing everyone to do. This was the game everybody’s playing. It's trying to manipulate SEO, Search Engine Marketing, Pay-per click, and Google Ads. The reality is, search volume has been on a decline. It's going down, while competition is going up. It created this false scarcity in the industry. I'd love for you to escape that. There's no scarcity in property management, 70% are self-managing their own properties right now. There’s tons of blue ocean. They have problems, they have stress, but they're not looking on Google, in general. If you can identify them, capture them, you have a website that creates and builds trust, and your sales processes optimize for trust, you are going to be the company that they work with.  We want to help you optimize trust in your business, clean up, and short all the leaks in your sales pipeline. Reach out to DoorGrow. We can help you with the website and we can help you with your sales process, your pricing strategy, all the things that affects your ability to close deals. We can help you clean all that up and make your business far more effective at capturing business and going after that blue ocean where 70% are self-managing. Check us out at doorgrow.com. So, until next time everybody to our mutual growth. Bye everybody.  You've just listened to the DoorGrow Show. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrow Club. Join your fellow DoorGrow hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead, content, social, direct mail, and they still struggle to grow. At DoorGrow, we solve your biggest challenge getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today’s episode on our blog at doorgrow.com. To get notified of future events and news, subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow hacking your business and your life.

You’ve heard it, I’ve heard it, everyone in Silicon Valley (or within Earth’s orbit) has heard it: “Hire slow, fire fast.” Here’s the deal: It’s bogus … at least according to Micah Rowland, COO at Fountain. He says that this “hire slow, fire fast” philosophy has negatively impacted several people’s lives who may have been fired for something that was less their fault, and more the fault of the organization. Micah was a consultant at The MBA Exchange, a VP at FiveStars and Zumper, managed global strategy for Starbucks, interned at McKinsey, went to Duke, got his MBA at Stanford … and he was also let go. So this issue is personal to him.  On this episode, Micah debunks the myth of “hire slow, fire fast.” What we talked about: Startups can’t afford to hire slow Be humble about how excellent your hiring process really is How much experience do your managers really have? Even if you’ve diagnosed the problem correctly, most managers at startups don't have the experience to coach others  When you terminate quickly, you're back to square 1 Hiring practices  HR Finding top talent Want to get a no-fluff email that boils down our 3 biggest takeaways from an entire week of B2B Growth episodes? Sign up today: http://sweetfishmedia.com/big3 You can find this interview, and many more, by subscribing to the B2B Growth Show on Apple Podcasts, on our website, or on Spotify.

In this episode of the Real Estate Investment for Cash Flow podcast, Kevin brings in his good friend, James Kandsamy. James is a real estate and multifamily home expert with years of experience in asset management. He is also the director of acquisition and investor relations at Achieve Investment Group, a multifamily investment firm dedicated to acquiring and operating properties with significant value-add components located in high growth top tier US MSA’s. In the podcast, James talks about why and how he ventured into multifamily real estate. He explains why his property management structure is vertically integrated into his company, a feature which is somewhat unique in multifamily properties. Kevin and James discuss acquiring leads with today’s online capabilities. James talks about finding and adding value in properties and shares some tools and resources that real estate entrepreneurs can utilize to acquire information about the market. QUOTES: “I realized that there’s a lot of magic in multifamily commercial real estate because of the fast appreciation so I said ‘I’m moving to commercial real estate.’” “The best method right now in this market cycle to get started in multifamily or any commercial, I would say, it’s basically to go direct to the seller and do direct mail, cold texting or cold calling and establishing the relationship.” “You have to use some kind of value proposition to buy this kind of deal —what is special to you that you are able to buy, that someone else is not able to buy?" “In general, across all my properties in multifamily in San Antonio, we have seen that Google is the best...So make sure you have good reviews in Google. I think almost 80% of my leads come from Google.” “I think the most important value-add is just good management.” HIGHLIGHTS: 9:24 James’ background and how he got into multifamily real estate 19:16 Competition and opportunities in multifamily real estate 21:52 Management structure at Achieve Investment 27:14 Getting leads from a marketing perspective 33:13 James talks about a certain deal 39:30 “Valuable value-adds” 41:45 Online resources and sensitivity analyses   Recommended Resources: Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar. Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here Zumper (management software) Trulia (Real estate information platform) ArcGis (Real estate information platform) james@achieveinvestmentgroup.com (James’ email) Multifamily Investors Group (Facebook group hosted by James) Review and Subscribe

FAR 261 We have that Stats Opening: How good is that professional athlete? Well, let’s take a look at his or her stats. What’s the batting average? What’s the shooting percentage? From 3-point range? Free Throws? What’s the yards per carry average. What’s the yards after contact average? What is the average air-speed velocity of an unladen swallow? Be the first person to write in or call with that movie reference and I’ll send you a Starbucks gift card. What’s your miles per gallon? How long is your average daily commute? On average, how many hours do you spend watching TV every day? Statistics are all around us all the time. Today I’m going to BLOW YOUR MIND with a complete set of real estate statistics. Yes I studied statistics in college AND in graduate school. At the graduate level my statistics course, FED 790, was one of my favorite courses. Not so much because of the content, but because the professor was one of the most delightful persons I have ever met. He managed to make a drudgery topic into a class I looked forward to each week. That’s no small feat, because when you are digging deeply into research summaries looking for statistical significance, errors in math, illogical assumptions, blah blah blah. I won’t make you go through any of that pain today. In fact, you don’t even have to do the research. BUT - if you get a copy of the show notes, you will have clickable links for every stat I’m about to throw at you.   First let’s do the news! News: https://www.foxnews.com/real-estate/chip-joanna-gaines-invest-10-4-million-waco-magnolia-market-expansion https://therealdeal.com/national/2019/06/23/canadas-favorite-alternative-investment-real-estate/ https://www.nydailynews.com/news/politics/ny-rikers-island-closure-real-estate-development-de-blasio-20190621-6uhjrlb2wjamvgui7moxfva6fq-story.html https://learn.g2.com/real-estate-blogs https://weartv.com/news/nation-world/florida-family-loses-77000-in-real-estate-scam https://globalnews.ca/news/5403597/wait-theres-more-money-laundering-bc/ https://realtybiznews.com/ben-carson-targets-single-family-zoning-laws/98754712/ How to contact us www.RogerBlankenship.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question. Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. Announcements: Lunch with me every Wednesday. Baraonda My latest article in Forbes is out. bit.ly/findredeals. The FAN is here! Would you like to invest in the Flipping America projects across the country? Coming soon you will be able to for as little as $100. That’s right, Flipping America is partnering with Ground Floor Funding to create a crowd-funded platform where you can invest in the deals we are doing here. The fund will pay out an 8% preferred rate of return and can go as high as 16%. You can make money with me, the Flipping America Guy. Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think. Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.     Topic: Real Estate Statistics! Between all of the different real estate terms, types of real estate, and people that make up each sector, the industry is pretty complicated. To keep things as simple as possible, we’ve divided up the following stats into relevant sections. Residential real estate statistics Residential is what most people think of when they hear the term real estate. It refers to the types of properties that people live on – those that are not intended to be used for anything business-related. This includes single and multi-family homes, as well as condos and townhouses. As of April 2019, there have been roughly 673,000 houses sold in the US this year, which is 12.4 percent more than last year (U.S. Census Bureau, 2019). 5.34 million existing homes were sold in 2018 (down from 5.51 million in 2017). (NAR, 2018) The Midwest has the highest rates of homeownership in the nation at 68.2%, followed by the South at 66.2 percent (U.S. Census Bureau, 2019). 64.8% of U.S. citizens were homeowners in the fourth quarter of 2018 (up from 64.2% in 2017). (United States Census Bureau, 2019) 35.4%of homeowners are under 35 years of age. The age bracket with the highest rate of home ownership (78.5%) is 65 years and over (U.S. Census Bureau, 2019). Madison, WI and Grand Rapids, MI are the two most popular cities for millennial movers (National Association of Realtors, 2019). Based on buyer activity and active inventory, the hottest real estate markets in the country are in Boston, MA and Lafayette, IN (Realtor.com, 2019). Nationwide, the average sale price of a luxury home fell 1.6% in 2019 (Redfin, 2019). Across the US, the median price of a home is $267,300 (National Association of Realtors, 2019). Fishers, IN and Carmel, IN top the list of best cities for families (Apartment List, 2019). 36% of homeowners listed unexpected maintenance or repairs as their biggest regret (Zillow, 2019). The least competitive housing markets in the country are Miami, Dallas, and Houston (Redfin, 2019). The real estate industry will account for 22% of total commercial drone use by 2020 (Federal Aviation Administration, 2016). Homebuyer statistics Buying a home is no small feat. Below, you’ll find a few statistics specific to homebuyers. The average homebuyer took 73 days to close on a property after the first initial visit to the home (Redfin, 2019). 50%of buyers found their homes through the internet, while 28 percent found them through their real estate agent (National Association of Realtors, 2018). On average, buyers are spending 3 fewer days searching for homes in 2019 than the previous year (Redfin, 2019). Virtual house tours are most important to buyers that fall within the 53-71 age range (National Association of Realtors, 2018). Finding the right home tops the list for most difficult steps in the home buying process (National Association of Realtors, 2017). 33% of home buyers in 2018 were first-time home buyers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 10 weeks was the average amount of time buyers spent searching for a home in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 14% of buyers purchased brand new homes, while 86% of buyers purchased previously lived-in homes. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Selling statistics Selling a home can be just as big of a hurdle as buying one. From getting a property listed to setting up the open house, finding qualified buyers is a feat in and of itself. Thursday is the best day to list a home. Properties listed on Thursday sell for $3,015 more than on Mondays, which are the worst days to list a home (Redfin, 2019). On average, 98% of final sale prices matched the original asking price of a property in 2019 (Redfin, 2019). This year, the median number of days that a property was on the market before an offer was accepted is 40 (Redfin, 2019). 73%of sellers are more likely to list their home with an agent who leverages video to market their property (National Association of Realtors, 2018). Staged homes sell 25% faster than non-staged homes (Coldwell Banker, 2019). Rental statistics Not everyone can afford to buy a home – that’s where renting comes in. Many residential properties are offered as rental units to tenants for non-commercial purposes. Globally, the most expensive place to rent is San Francisco where the rent averages out at $3,690 (Zumper, 2019). In 2019, Henderson, NV and Phoenix, AZ saw the fastest rent growth in the country with an increase of 4.5 and 4.1 percent, respectively (Apartment List, 2019). Across the US, the cost of renting has gone up 66 percent (Realtor.com, 2019). Troy, MI is ranked as the most affordable renting city for families (Apartment List, 2019). Only 8 percent of homeowners regret purchasing a home instead of renting (Zillow, 2019). Real estate demographic statistics It may seem like millennials are abandoning home buying in favor of renting, but these stats prove that that may not be the case. 86% of younger millennials (aged 21–28) and 52% of older millennials (aged 29–38) were first-time home buyers. Meanwhile, Generation X (people between the ages of 39–53) consisted of 24% of 2018 home buyers. 18% of younger baby boomers (people between the ages of 54–63) and 14% of older baby boomers (people between the ages of 64–72) were home buyers in 2018. 7% of home buyers belonged in the silent generation (people between the ages of 73–93), the smallest segment of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 2020 is expected to be the peak year for millennial home buying. (Realtor.com National Housing Forecast, 2019) Millennials will account for 45% of mortgages in 2019. (Realtor.com National Housing Forecast, 2019) 25% of Generation X home buyers identified as a race other than white/Caucasian, making them the most racially and ethnically diverse population of home buyers in 2018. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 25% of home sellers in 2018 belonged in Generation X, making them the largest segment of sellers. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 63% of home buyers were married. Additionally, 18% were single females, 9% were single males, and 8% were unmarried couples. (NAR Home Buyers and Sellers Generational Trends Report, 2019) In 2018, 37% of home buyers had children under the age of 18 living at home. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Real estate financing statistics As student loans continue to ensnare the population into a collective $1.7 trillion debt, real estate financing has been impacted. Notably, home values are increasing while millions of Americans are spending more than 50% of their earnings on their home purchase. As of February 2019, the median home value in the United States is $226,300. (Zillow, 2019) United States home values have gone up 7.2% since 2018. (Zillow, 2019) The median rent price in the United States is $1,650. (Zillow, 2019) 88% of home buyers financed their home purchase. (NAR Home Buyers and Sellers Generational Trends Report, 2019) For 58% of buyers, their down payment came from their savings account. 39% of buyers financed their home using the proceeds gained from the equity of their previous residence. (NAR Home Buyers and Sellers Generational Trends Report, 2019) 13% of all buyers cited that saving for a down payment was the most difficult step in the home buying process. (NAR Home Buyers and Sellers Generational Trends Report, 2019) Around 50% of renters are paying more than 30% of their income on rent. (PWC Emerging Trends in Real Estate, 2019) 12 million Americans spend more than 50% of their earnings on their home purchase. (PWC Emerging Trends in Real Estate, 2019) Real estate marketing statistics Real estate agents understand the benefits of a good marketing plan. The majority of agents are using their budget for marketing efforts in 2019 in the hopes of gaining better leads. On average, 31.5% of brokers and real estate agents plan on spending more than $400 a month on real estate marketing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 46.4% feel their top marketing challenge is generating enough high-quality leads. (Placester Real Estate Marketing Strategy Survey Report, 2018) 16.5% of real estate agents had success with purchased leads. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) 53.6% think adding more locally focused content to their real estate website will make it more appealing. (Placester Real Estate Marketing Strategy Survey Report, 2018) 84.6% of brokers and real estate agents use Facebook for their social media marketing efforts. (Placester Real Estate Marketing Strategy Survey Report, 2018) 30% of brokers and real estate agents want to learn more about the specific housing interests (e.g., home types) of their audience. (Placester Real Estate Marketing Strategy Survey Report, 2018) 49.5% of brokers and real estate agents want video marketing to be a big part of their marketing strategy. (Placester Real Estate Marketing Strategy Survey Report, 2018) 43.8% of real estate agents would invest in referrals if they had extra budget for marketing. (OutboundEngine Real Estate Marketing Benchmarks Report, 2017) Real estate agent statistics A real estate agent or broker is a professional that is licensed to sell property in their state. The business of buying and selling properties can be incredibly lucrative but doesn’t come without its difficulties. 49% of agents report working 40 or more hours per week, while 22% report working less than 30 hours (Placester, 2019). The largest expense for working real estate agents is transportation at around $1,370 per year (National Association of Realtors, 2019). Agents earned 17%of their business from referrals, and only 13% from returning clients (National Association of Realtors, 2019). 62% of agents spend at least one hour a day on marketing (Placester, 2019). TIP: Getting your titles mixed up? Learn the difference between a real estate broker vs agent. Commercial real estate statistics Commercial real estate refers to non-residential property that serves to generate income. This includes shopping malls, hotels, and office spaces. In 2019, the average commercial real estate sale was $1.2 million (National Association of Realtors, 2019). The total dollar volume of commercial sales in the US has decreased since 2018. In the large market (sales greater than $2.5M), sales decreased by 11%. In the small market (sales less than $2.5M), the decrease was closer to 8 percent (National Association of Realtors, 2019). Toledo, OH and Syracuse, NY have the highest rental vacancy rates in the country at 18.1% and 17.9%, respectively (National Association of Realtors, 2019). Based on annual rent, 5th Avenue in New York City has the most expensive retail rates in the world (Statista, 2019). With an average cost of $255.50 per square foot, Hong Kong is the most expensive city in the world for renting office space (Statista, 2019).   Your Questions: Send emails to questions@rogerblankenship.com Nikhil, Atlanta, GA, “Good morning. I was listening to a recorded show of FlippingAmerica. I am new to this business and getting organized before I can actively wholesale or rehab. You mentioned that you have some spreadsheet that you can share that estimates the cost of rehab. Could you please share the details?” Comment Line calls and Questions Call 404-369-1018, press 1 and leave your message! Motivational Thoughts for the day “The dog that chases 5 rabbits catches none."-Gordon Catts

Born to a Greek father, but British mother, Anthemos had a pretty normal childhood, where his natural tendency was to be introverted, but with time, trained himself to be more extraverted. He loved to read or play video games, and despite his inclination to keep to himself, he had lots of friends. At 18 years old, however, something devastating happened. His mother passed away, after battling a long illness. As an only child, this rocked Anthemos to his core and took the following couple years to recover from the terrible loss. In this pivotal moment, something inside awakened where he developed a deep desire to use his life to make his mother proud. Perhaps it was the realization that life is fragile and not something to take for granted or the grief from losing his mother that motivated him to venture into entrepreneurship-- having nothing hold him back. After raising $90 Million for his startup, Zumper, which aims to make apartment renting as easy as booking a hotel, he shares in this episode the mindset and framework he used to break boundaries and push himself to accomplish what seemed impossible. Projected to help 70 Million renters this year alone to secure rental apartments, Zumper is positioned to be a true game-changer in a clunky, antiquated industry. In this episode you will learn about: Leadership Leadership Mistakes Building a company Exiting a company Managing and scaling a team Raising capital Company Culture Effective Communication About Anthemos Georgiades: Anthemos Georgiades is the co-founder and CEO of Zumper, the largest startup in the rental industry, used by more than 26 million renters last year alone. As CEO, Anthemos has raised $90 million in venture capital from investors including Kleiner Perkins, Goodwater Capital, Breyer Capital and Foxhaven Asset Management, including a Series B round in Oct. 2016 when many start-ups were struggling. He has grown the Zumper team to 50 and counting and successfully completed the acquisition of apartment search platform PadMapper. With a diverse background that includes consulting for Boston Consulting Group and serving as Economic Advisor and speechwriter in the 2010 British Election, Anthemos founded Zumper in 2012 after his own terrible rental experience. He discovered that the marketplace doesn’t work for renters, and the idea for Zumper was born with the goal of evening the playing field and increasing transparency in the marketplace. Originally from London, he has an MBA from Harvard Business School, MPhil from the University of Cambridge, and BA from the University of Oxford. Anthemos lives in San Francisco, where Zumper is HQ’d, with his wife. He remains a huge Tottenham Hotspur fan, and wakes up painfully every Saturday morning to tune into the live English soccer games. Connect with Anthemos Georgiades: Website Linkedin Twitter * * * Full Transcription: Anthemos: Yeah, so I like to throw people because I have a British accent but a very long Greek name. Tanya: That’s Anthemos Georgiades, Harvard grad and former BCG consultant who raised 90 million from top tier venture capital funds to build Zumper, a platform that aims to make renting places as easy as booking hotels, now serving 70 million people annually. Anthemos: Yeah, my name is Anthemos Georgiades. The Georgiades part is pretty common. The Anthemos is even in the Greek world pretty weird. It’s like a super old Greek saint that my father knew about and convinced my British mother to run with. It’s pretty weird. I have a lot of Anthemos handles on social media because there aren’t many of us, but it actually doesn’t mean anything. I think it’s derived from the world flower, which my friends give me a lot of banter about. Yeah, it’s a pretty unique name. I hated it growing up as a kid because I think you want to be named after all your friends, of course. I was annoyed I wasn’t called David,

Kristina ist zurück aus New York und wir haben mit Caroline von der Groeben, SVP Partnerships und Business Development bei Axel Springer, heute einen Gast auf den wir uns schon lange gefreut haben. Caro ist seit sechs Jahren bei Axel Springer und seit 1,5 Jahren lebt sie in San Francisco. Ihre Karriere begann bei Bayer, Procter & Gamble und mehreren Startups in Berlin. Sie sitzt im Board von Zumper und baut im Auftrag von Axel Springer nebenbei gerade einen “Campus” in Cow Hollow um, in den bald die Journalisten von Bild und Welt einziehen sollen, die für den Medienkonzern an der Westküste die deutsche Nachtschicht übernehmen. Caro reist für Axel Springer durch die USA, trifft sich mit Gründern und Investoren und schaut sich Trends und neue Geschäftsmodelle an. Sie findet es spannend, dass der ehemalige DreamWorks-Chef Jeffrey Katzenberg und die ehemalige eBay-Chefin Meg Whitman mit Quibi ein Abomodell für Kurzformate launchen wollen. Für die Idee haben die beiden Gründer bereits eine Milliarde Dollar eingesammelt. Andere Trends sind das Internet der Dinge, mit vielen Anwendungen für Smart Homes und Autos, autonome Mobilität, künstliche Intelligenz und Robotik. Caro war vor kurzem bei der SXSW-Konferenz in Austin und hat dort den Vortrag der Futuristen Amy Webb über die Trends von 2019 angehört. Axel Springer hat verschiedene Anlaufstellen für Gründer, die nach Investitionen suchen: Axel Springer investiert strategisch in digitale Medien und im Bereich Classifieds (Kleinanzeigen) Der Axel Springer Venture-Arm investiert in spannende junge Unternehmen im Early Stage Bereich Der APX Accelerator hilft in Partnerschaft mit Porsche Gründern bei der Unternehmensgründung Wie immer freuen wir uns über deinen Kommentar und eine 5-Sterne-Bewertung!

Amol Sarva (Knotel cofounder) takes In the Know to visit Anthemos Georgiades who studied classics at Oxford, worked for BCG, joined Harvard Business School, and used it to launch his clever plan to to transform apartment rentals: Zumper. First time

Anthemos Georgiades is the co-founder and CEO of Zumper, the largest startup in the rental industry. The company has raised $90 million from investors such as Andreessen Horowitz, Greylock, Kleiner Perkins, NEA, Blackstone, and now Marcus & Millichap and Axel Springer.

Anthemos Georgiades is the co-founder and CEO of Zumper, the largest startup in the rental industry. The company has raised $90 million from investors such as Andreessen Horowitz, Greylock, Kleiner Perkins, NEA, Blackstone, and now Marcus & Millichap and Axel Springer.

Jason Hartman welcomes his mom back to the show to discuss self managing properties and how to find the best deals when you have to make repairs. The two also talk about what kinds of addendum she's adding to leases recently, rising rents, job numbers and more. Key Takeaways: [2:12] Small business confidence at 35 year high [5:38] Job numbers are not showing an impact from the trade wars [8:14] There's legitimate wage growth for the first time in 4 decades, which is great for all Americans (and our economy) [10:33] Jason's mom has been able to raise 4 of her tenants rent by $100 a month [13:03] Have tenants have changed over the years? [16:10] How his mom gets good deals and aligns the tenants interest with her own [20:12] "You get what you pay for" is not true for much (if anything) in life [24:14] The kinds of clauses Jason's mom is putting in her leases to protect herself from unruly tenants [29:24] How to build a great relationship with your tenants Website: www.JasonHartman.com/Properties www.Zumper.com

Today we're going to discuss career development in marketing and technology with Jeffrey Ouyang, who is the manager of paid acquisition at Zumper, a real estate rental search engine. Prior to working at Zumper, Jeffrey has worked in a variety of different marketing roles for various startups in Silicon Valley, building out his toolkit along the way. Episode Transcript Connect with: Jeffrey Ouyang: Linkedin // Website The MarTech Podcast: Email // LinkedIn // Twitter Benjamin Shapiro: Website // LinkedIn//  Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today we're going to discuss career development in marketing and technology with Jeffrey Ouyang, who is the manager of paid acquisition at Zumper, a real estate rental search engine. Prior to working at Zumper, Jeffrey has worked in a variety of different marketing roles for various startups in Silicon Valley, building out his toolkit along the way. Episode Transcript Connect with: Jeffrey Ouyang: Linkedin // Website The MarTech Podcast: Email // LinkedIn // Twitter Benjamin Shapiro: Website // LinkedIn//  Twitter

Anthemos Georgiades CEO at Zumper talks about his courage leaving a well respected early career in consulting because his idea was passionately burning a hole in his soul Resources: Website / Twitter / Linkedin Here are the 3 things I learned from Anthemos...Often the biggest challenge is to remain focussed when running your startupThe first $1 million is often harder to raise then the next $38 millionEarly fund raising is best served by having a single story and focussing on one metric Read Full Interview

Ina Herlihy is a San Francisco local who knows what’s it like to hustle your way to get the thing that you want right at a very early age. She is passionate about journalism and was an editor-in-chief of her high school newspaper. She got to cover the 2008 Presidential Campaign and was the only high school student in the country to get a press pass for President Obama’s Inauguration. Leaving a would-be promising career in finance to break into tech, Herlihy attended Tradecraft and soon landed a job as a Growth Analyst at Zumper. Her prolific writing in Medium, called How I Hustled to Get the Perfect Job: From Tradecraft to Zumper got a lot of attention that it became one of the most popular blog posts on Medium in 2015.

In Salt Lake City, sales are increasing and homes are getting more expensive. Does this mean you should buy now or wait?Selling your Wasatch Front home? Get a free home value reportBuying a Wasatch Front home? Click here for full MLS accessIs now a good time to buy a home in Salt Lake City? As 2016 comes to an end, I thought I’d share with you a few stats from the residential real estate market to help answer that question.It’s certainly been a crazy year. We’ve continued a four-year trend of rapid appreciation, and 2016 didn’t disappoint. In Salt Lake County, the market bottomed out in 2012 as far as median price goes, but since then we’ve seen a 38% appreciation. In fact, the NAR predicted that our county’s median price would grow 4.2% this year. They were wrong—we nearly doubled that. The final numbers through December haven’t been released, but it looks like the median price will see a rise of about 8%.According to Zumper, Salt Lake City was the 53rd fastest growing market for rental prices, which puts us in the middle of the pack. We saw a 2-bedroom apartment, on average, increase in rental price by 12%. Around the nation, rental rates are slowing down as far as price appreciation goes, but they’re getting more expensive in Salt Lake City.“Buying now will get you the cheapest possible price. ”As we’ve been saying for a while now, interest rates are going to go up. In fact, they’ve already gone up. Earlier this year, the national average rate for a 30-year fixed loan was around 3.5%. For most of our clients closing now, that rate is closer to 4%.Sales were strong heading into the year, and they’re still increasing. In October, for example, there were 1,077 single-family home sales, which was a 2.6% increase over October 2015. In October 2016, the median price was $298,000, which is up 10.4% over October 2015.So, should you buy now? If you care about money, then yes. Homes are getting more and more expensive. I do expect to see a softening in the next two to three years, but we won’t see an extreme downturn by any means. If you factor price appreciation coupled with interest rates, especially if you’re renting, waiting for that possible softening is not worth your time. If you have any questions about our market or you’re thinking of buying or selling, feel free to reach out to me. I’d be glad to help!

Data, data and more data. Clearly defining his goals and being able to back up his company with data made investors want to buy in, and it can for you to! With today’s Best Ever guest, we discuss the THREE market trends you need to recognize to maximize your ROI and why data is SO important to starting your company. Best Ever Tweet:     Start small, but start aggressive.   Anthemos Georgiades’s real estate background: -          Co-founder and CEO of , an apartment search website for both landlords and renters -          Zumper has raised $8.2M in venture capital with about 1M people a month based in SF -          Worked at Boston Consulting Group and was a speechwriter in British politics before moving to the US to get his MBA from Harvard, where he founded Zumper in 2012 -          Owns property in the UK and in California   Subscribe in   and    so you don't miss an episode!   Made Possible Because of Our Best Ever Sponsors:    – Having a hard time finding great investment properties?  Unfortunately, the best deals are rarely found locally. Norada Real Estate’s simple proven system provides you with the best deals across the U.S. to create wealth and cash-flow.  Get your FREE copy of      - Want to learn more about crowdfunding? Let the leading expert in the crowdfunding space, Patch of Land, give you all the info you need to get started. Grab your FREE copy of Top Ten Answers to the Top Ten Crowdfunding Questions at