ABOUT THIS EPISODE
Chew on this: Property managers estimated 36% of their clients would switch to self-management if AI made it easier.
Owners said 79% would ditch their PM if AI made it easier.
Tracy Streich previewed those stats as part of the new AppFolio/NARPM research. Tracy owns Renters Place in Tulsa, serves as NARPM's treasurer, and is president-elect for 2027, so we spent most of the hour on what's changing inside NARPM.
- 01:09 - Welcoming Tracy back to the show
- 02:37 - The state of NARPM
- 07:18 - NARPM National’s venue next year
- 08:02 - Working with MCI
- 10:43 - NARPM’s financial status
- 14:04 - Is NARPM a non-profit?
- 14:49 - Season 7 Presenting Partner - AppFolio
- 16:00 - What should NARPM do with all this cash?
- 20:50 - Overturning laws and case laws
- 29:07 - Tracy on his management company
- 35:26 - Sponsor - Haven AI
- 36:54 - AI
- 40:26 - Tracy’s plans as the incoming NARPM President
- 45:26 - What should NARPM do to grow?
- 53:31 - NARPM’s Political Advocacy Work
- 01:01:35 - Closing thoughts
We get into the move from OMG to MCI after roughly 20 years, the Executive Director search (I'm on the task force), a Home Depot program that paid NARPM just under $300K last quarter, and what NARPM's lobbying actually costs.
Then I get on my soapbox. NARPM has millions in the bank, and I think some of it should fund legal fights against unconstitutional local landlord laws. Tracy's reply: send the board a proposal.
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Resources for Property Managers & Real Estate Entrepreneurs:
- Crane – Private PM Owner Community → Join a private network of property management owners and operators: https://joincrane.co/
- Free Weekly Newsletter → Property management insights, strategies, and industry updates direct to your inbox: https://peter.beehiiv.com/subscribe
- RL Property Management → Learn more about Peter's company and services in Columbus, Ohio: https://rlpmg.com/
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Disclaimer: The content of this podcast is for informational purposes only and does not constitute professional advice. I may have consulting agreements with, or financial interests in, companies mentioned in this podcast (more info here: https://www.peterlohmann.com/financial-interest-disclosure). Additionally, some of the links included may be affiliate links, meaning I may earn a commission if you purchase through these links. Always perform your own due diligence before making any financial or business decisions.
