Episode 8 - Asset Management vs Property Management

Peter Lohmann's Podcast · Apr 13, 2021 · 37m

Episode 8 of the Owner Occupied podcast with Peter Lohmann and Russell Lowery. In this episode we discuss:

(00:00) Intro

(01:40) Asset management vs property management (PM)

(07:09) How clients typically evaluate property managers

(07:48) Institutional owners separate asset mgmt and PM

(08:47) Sub-intuitional owners combine asset mgmt and PM

(10:39) Owners expecting too much of property managers

(14:14) Peter's effort to standardize property management

(16:07) Going to a car mechanic

(18:42) Buying shoes - the power of standardization

(21:33) Why PM companies resist standardization

(23:02)…