Acquiring Minds
Buying a Business to 20x a Real Estate Empire
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Register here for the webinar, The Anatomy of an LOI:
Buying a property management business (which he's doubled) helped Brandon Laughridge balloon his real estate portfolio.
Topics in Brandon’s interview:
- Why he changed his mind about service businesses
- Modernizing and professionalizing a property management business
- Growing from 12 to 25 employees
- The pain of owning a business with no pricing power
- Setting boundaries with clients around service offerings
- Pros and cons of property management
- How SMB owners can incentivize Google reviews
- The myth of “passive income” in real estate
- Managing tenant relationships
- Who should buy a property management business (and who shouldn’t)
References and how to contact Brandon:
- My First Million podcast
- Brian Shields' recent episode on Acquiring Minds: 2.5 Years from Buying to Exiting
- North Terrace Property Management
- brandon@northterrace.com
- Brandon’s popular Twitter thread from 2020
Book your free tax strategy session for business buyers today:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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