Episode Details

With the real estate market shifting, more and more real estate agents are going to be starting property management companies. Is this you? If you are starting a property management business, this episode is for you.

Join property management growth experts Jason and Sarah Hull as they discuss the best way to build the foundation of your property management business in the current market.

[01:18] The Trends in the Market and What They Mean

[07:10] Why You Should Start a Property Management Business

[10:09] Building the Right Foundation

[15:03] The Product Research Strategy

[17:39] The Next Steps for Your Business

"The biggest challenge usually getting started is just taking action to actually get the business going."

"When you're in that dreamer or that fantasy stage, a lot of times we are very good at looking at all the upside, and we're very good at ignoring the difficulties or the downside."

"Property management, like I mentioned in the intro, is the ultimate gateway to real estate deals, relationships, and residual income."

"A lot of the people that are the least qualified to be doing it, they're going to be the ones that get hurt the most because they're not paying attention much to the market."

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[00:00:00] Jason: the biggest challenge usually getting started is just taking action to actually get the business going, and they get caught up on wasting a lot of time on stuff that doesn't really matter when the only thing that really matters is getting your first client, right? That first door is the hardest.

[00:00:16] 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 in 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 business owners and their businesses. 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, along with Sarah I'm the founder and CEO she is owner and COO of DoorGrow. Now let's get into the show.

[00:01:17] Alright. So today's topic, we've been noticing there's some trends and some changes in the real estate industry, which is going to probably create some shifts. So what are we noticing?

[00:01:29] Sarah: Well, so some of you may have realized real estate isn't quite what it was a couple months, even a year ago, certainly not what it was two years ago. Things have a shifted a little bit in the market. There was a point where you can list a property, you would get, you know, multiple offers