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Secrets of Successful
Management Companies
“You Are Your Company”
AppFolio
Complete Solution Includes:
Web-BasedPropertyManagementSoftware
• Property management and accounting
• Online rent collection (free)
• Prospect / guest card tracking
• Marketing
• Website
• Payment processing
• Online applications
• Resident Screening
So You Run A More Successful Business
• Leading Education Provider
• Apartment-Industry
Specific Training
• Vision Learning
Management System (LMS)
• www.gracehilllearning.com
• Community of Professional Real Estate Managers
• Membership – All Property Types, From Site to CEO
• Advancing the Profession
• Credentials – CPM®, ARM®, ACoM, AMO®
• Code of Professional Ethics
• Real Estate Management Education
• Core Competencies for success…and more
• Maximize the Value of Real Estate Assets
• Classroom and Self-Paced Online
• Industry Knowledge and Resources
• Asset/Financial Management, Leadership, Talent Management,
Company Management, Building Operations
www.irem.org
YouAre Your Company
Secrets of Successful
Management Companies
Presented by
K. David Meit, CPM®, ARM®
President & CEO
Oculus Realty, LLC AMO®
Serving metropolitan Washington, DC
RealEstate Investment,Management& Consulting
• Multifamily Property Management
o Conventional
o Rent Regulated
• Retail Property Management
• Predevelopment Consulting
• Acquisition Due Diligence
• Market Studies
• Property Operations Review
Creating Value Through Operations
www.oculusrealty.com
Company History
RealEstate Investment,Management& Consulting
• Founded in 2010
• Leveraged 20+ Years Operations Expertise
• Leveraged Market Conditions
• Focused on Specific Niche
o 50-150 units
o DC Rent Control
o Private Investors & Family Offices
Creating Value Through Operations
www.oculusrealty.com
POLLING QUESTION
A. Founder
B. Senior Executive
C. Manager
D. Other
E. Itching to become your own boss…
In whatcapacityare your attendingtoday’s webinar:
YouAre Your Company
SIZZLE
YouAre Your Company
Train & Develop
• Formal: logical thinking, problem solving & writing skills
• Informal: trade skill training & development
• Knowledge: trade journals, business publications, related
books, newsletters, online resources, trade shows
Steak
POLLING QUESTION
A. Marketing
B. Finance/Accounting
C. Legal/Regulatory
D. Operations
E. Who has the time?
In whatarea have you recentlysharpenedyour professional
skills:
YouAre Your Company
Become Accredited
• Trade associations: IREM, CCIM, NAA, BOMA, NAR,
NARPM, ULI, etc.
• Business associations: BBB, Chambers of
Commerce, etc.
• Licensing
Steak
YouAre Your Company
Lead Your Team
• Internal: vision, culture, guiding principals, mission
• External: civic associations, community organizations,
trade associations
Steak
YouAre Your Company
Manage Your Team
• Hire right
• Delegate
• Communicate
• Provide feedback
• Provide Efficient Tools
Steak
YouAre Your Company
Experience
• Put in the Time
• Make Errors (lots of them!)
• Develop your Toolkit
Steak
YouAre Your Company
rep·u·ta·tion [rep-yuh-tey-shuhn] noun
1. the estimation in which a person or thing is held, especially by the
community or the public generally; repute: a man of good reputation.
2. favorable repute; good name: to ruin one's reputation by misconduct.
3. a favorable and publicly recognized name or standing for merit, achievement,
reliability, etc.: to build up a reputation.
Source: Dictionary.com
Steak & Sizzle
YouAre Your Company
Present Yourself
• Dress the part
• Fly the flag
• Be engaged
• Speak with enthusiasm
• Practice business etiquette
Sizzle
YouAre Your Company
Network Face-to-Face…
• Time
• Business: direct & ancillary
• Civic: stay local
• Community: volunteer
• Professional: trade shows
• Golf (seriously)
Sizzle
POLLING QUESTION
A. Committee Chair
B. Event Volunteer
C. Fundraising
D. Oh, I’ll start today….
In whatcapacityhave you recentlyservedin one or more of
your localtrade associations:
YouAre Your Company
…and Network More Online
• Social Media: LinkedIn, Facebook, Twitter, Google
(choose professional connections wisely)
• Blog regularly: company website, social media, Tumblr,
Pinterest
• Curate special interest groups: LinkedIn, Bigger Pockets,
etc.
• Volunteer: AllExpert, Quora, Multifamily Insiders, etc.
Sizzle
POLLING QUESTION
A. Facebook
B. Twitter
C. LinkedIn
A. Xing
B. Google +
Whichsocialmedia platform do you find most helpful in
developingyour professionalnetwork:
YouAre Your Company
Become a Thought Leader
• Find the time – no excuses
• Write for trade publications (hire a ghostwriter)
• Write OpEd pieces for local newspapers (hire a PR firm)
• Sustain online presence: blogging, volunteering
expertise, etc.
Sizzle
YouAre Your Company
K. David Meit, CPM®, ARM®
kdmeit@oculusrealty.com
(301) 563-9021 x101
http://www.linkedin.com/in/kdavidmeit
https://www.facebook.com/oculusrealty
https://twitter.com/oculusrealty
Contact
YouAre Your Company
• AppFolio – http://www.AppFolio.com
• IREM - http://www.irem.org/
• BOMI - http://www.bomi.org/
• NAA - http://www.naahq.org/
• NARMP - http://www.narpm.org/
• NAR - http://www.realtor.org/
• ULI - http://www.uli.org/
• BBB – http://www.bbb.org/
• Xing – http://www.xing.com/en
• AllExperts - http://www.allexperts.com/
• Quora - https://www.quora.co
• Manta - http://www.manta.com/
• Bigger Pockets - http://www.biggerpockets.com/
• Multifamily Insiders - http://www.multifamilyinsiders.com/
• PropertyManager - http://www.propertymanager.com/
• APTly - http://www.naahq.org/blog
Resources

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Secrets of Successful Property Management Companies

  • 1. Secrets of Successful Management Companies “You Are Your Company”
  • 2. AppFolio Complete Solution Includes: Web-BasedPropertyManagementSoftware • Property management and accounting • Online rent collection (free) • Prospect / guest card tracking • Marketing • Website • Payment processing • Online applications • Resident Screening So You Run A More Successful Business
  • 3. • Leading Education Provider • Apartment-Industry Specific Training • Vision Learning Management System (LMS) • www.gracehilllearning.com
  • 4. • Community of Professional Real Estate Managers • Membership – All Property Types, From Site to CEO • Advancing the Profession • Credentials – CPM®, ARM®, ACoM, AMO® • Code of Professional Ethics • Real Estate Management Education • Core Competencies for success…and more • Maximize the Value of Real Estate Assets • Classroom and Self-Paced Online • Industry Knowledge and Resources • Asset/Financial Management, Leadership, Talent Management, Company Management, Building Operations www.irem.org
  • 5. YouAre Your Company Secrets of Successful Management Companies Presented by K. David Meit, CPM®, ARM® President & CEO Oculus Realty, LLC AMO®
  • 6. Serving metropolitan Washington, DC RealEstate Investment,Management& Consulting • Multifamily Property Management o Conventional o Rent Regulated • Retail Property Management • Predevelopment Consulting • Acquisition Due Diligence • Market Studies • Property Operations Review Creating Value Through Operations www.oculusrealty.com
  • 7. Company History RealEstate Investment,Management& Consulting • Founded in 2010 • Leveraged 20+ Years Operations Expertise • Leveraged Market Conditions • Focused on Specific Niche o 50-150 units o DC Rent Control o Private Investors & Family Offices Creating Value Through Operations www.oculusrealty.com
  • 8. POLLING QUESTION A. Founder B. Senior Executive C. Manager D. Other E. Itching to become your own boss… In whatcapacityare your attendingtoday’s webinar:
  • 10. YouAre Your Company Train & Develop • Formal: logical thinking, problem solving & writing skills • Informal: trade skill training & development • Knowledge: trade journals, business publications, related books, newsletters, online resources, trade shows Steak
  • 11. POLLING QUESTION A. Marketing B. Finance/Accounting C. Legal/Regulatory D. Operations E. Who has the time? In whatarea have you recentlysharpenedyour professional skills:
  • 12. YouAre Your Company Become Accredited • Trade associations: IREM, CCIM, NAA, BOMA, NAR, NARPM, ULI, etc. • Business associations: BBB, Chambers of Commerce, etc. • Licensing Steak
  • 13. YouAre Your Company Lead Your Team • Internal: vision, culture, guiding principals, mission • External: civic associations, community organizations, trade associations Steak
  • 14. YouAre Your Company Manage Your Team • Hire right • Delegate • Communicate • Provide feedback • Provide Efficient Tools Steak
  • 15. YouAre Your Company Experience • Put in the Time • Make Errors (lots of them!) • Develop your Toolkit Steak
  • 16. YouAre Your Company rep·u·ta·tion [rep-yuh-tey-shuhn] noun 1. the estimation in which a person or thing is held, especially by the community or the public generally; repute: a man of good reputation. 2. favorable repute; good name: to ruin one's reputation by misconduct. 3. a favorable and publicly recognized name or standing for merit, achievement, reliability, etc.: to build up a reputation. Source: Dictionary.com Steak & Sizzle
  • 17. YouAre Your Company Present Yourself • Dress the part • Fly the flag • Be engaged • Speak with enthusiasm • Practice business etiquette Sizzle
  • 18. YouAre Your Company Network Face-to-Face… • Time • Business: direct & ancillary • Civic: stay local • Community: volunteer • Professional: trade shows • Golf (seriously) Sizzle
  • 19. POLLING QUESTION A. Committee Chair B. Event Volunteer C. Fundraising D. Oh, I’ll start today…. In whatcapacityhave you recentlyservedin one or more of your localtrade associations:
  • 20. YouAre Your Company …and Network More Online • Social Media: LinkedIn, Facebook, Twitter, Google (choose professional connections wisely) • Blog regularly: company website, social media, Tumblr, Pinterest • Curate special interest groups: LinkedIn, Bigger Pockets, etc. • Volunteer: AllExpert, Quora, Multifamily Insiders, etc. Sizzle
  • 21. POLLING QUESTION A. Facebook B. Twitter C. LinkedIn A. Xing B. Google + Whichsocialmedia platform do you find most helpful in developingyour professionalnetwork:
  • 22. YouAre Your Company Become a Thought Leader • Find the time – no excuses • Write for trade publications (hire a ghostwriter) • Write OpEd pieces for local newspapers (hire a PR firm) • Sustain online presence: blogging, volunteering expertise, etc. Sizzle
  • 23. YouAre Your Company K. David Meit, CPM®, ARM® kdmeit@oculusrealty.com (301) 563-9021 x101 http://www.linkedin.com/in/kdavidmeit https://www.facebook.com/oculusrealty https://twitter.com/oculusrealty Contact
  • 24. YouAre Your Company • AppFolio – http://www.AppFolio.com • IREM - http://www.irem.org/ • BOMI - http://www.bomi.org/ • NAA - http://www.naahq.org/ • NARMP - http://www.narpm.org/ • NAR - http://www.realtor.org/ • ULI - http://www.uli.org/ • BBB – http://www.bbb.org/ • Xing – http://www.xing.com/en • AllExperts - http://www.allexperts.com/ • Quora - https://www.quora.co • Manta - http://www.manta.com/ • Bigger Pockets - http://www.biggerpockets.com/ • Multifamily Insiders - http://www.multifamilyinsiders.com/ • PropertyManager - http://www.propertymanager.com/ • APTly - http://www.naahq.org/blog Resources