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Real Estate Rockstars Podcast

1124: Scaling Profits in Property Management With Codie Sanchez

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 27 February 2023

⏱️ 53 minutes

🧾️ Download transcript

Summary

Listen to today’s podcast with Codie Sanchez and rethink the way you do property management. In this interview, Codie shares what she loves about property management businesses and the three best ways to increase their profitability. Codie and Aaron also discuss the difference between buying a business and buying customers, how to buy a business with no money down, and the one outcome you must avoid when acquiring a new company.

Transcript

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0:00.0

I also like to buy businesses that I it's called I call it BRRT. I want to buy

0:09.2

boring businesses and recession-resistant asset classes, raise their prices and add technology.

0:15.0

And with this property management type of business, they're very boring and they're

0:22.3

recession-resistant, you can raise prices and you can

0:24.8

add technology super easily. So I kind of like to play that game.

0:32.3

So the question is this, how do most agents find the secrets to succeed in today's

0:36.5

competitive real estate market especially when the top agents are keeping those

0:40.5

secrets themselves? That's the question and this podcast will give you the answer.

0:45.4

Hi, I'm Aaron and Mooch Steggy and I want to introduce you. Real Estate Rockstar's listeners. This is Aaron and

1:03.0

which is Eunche Stagi and I want to introduce you to our newest sponsor of our

1:07.1

show. You know go listen to episode 1119 where I interviewed Amy Stockberger

1:11.8

and during the interview she told me about this wild

1:14.5

VIP program that she does that really helps generate referral business.

1:20.1

So she calls it a copy and paste formula to implement and monetize your VIP club.

1:24.0

Now she's selling a course all about it.

1:25.7

This course will show you how to make the ultimate shift from feeling overwhelmed and

1:28.7

frustrated to feeling empowered and motivated with copy and paste tools that are seamless to implement.

1:34.0

While I was interviewing her, I was writing on the names of so many people that I know in my

1:38.6

network that need to implement this right away. A few of you listeners actually called you and said hey you

1:43.8

guys should be doing something like this. That was before I realized she

1:47.4

had a whole course that she's trying to build out here. You know if you sign up her

1:50.9

a course you're going to experience a steady stream of high quality leads,

...

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