Business
Ralph Reahard, MBA, is the Owner and Principal Broker of Real Property Management Richmond Metro. In 2011, Mr. Reahard graduated from the University of Richmond Robins School of Business with a Master’s Degree in Business Administration. While in grad, Ralph began investing in small multifamily developments in the Richmond area. He “self-managed” his own portfolio before opening a Real Property Management franchise in the summer of 2014. As a franchise system, Real Property Management is the industry leader providing turnkey solutions for landlords across the United States and Canada.[00:01 – 03:56] Opening SegmentI talk briefly about great values that await you in this episodeI introduce the guest, Ralph ReahardRalph talks about his background and his business [03:57 – 14:01]Tips, Tricks, Strategies for Working with Property ManagersPartnering with Real Property ManagementFinding and convincing potential clients to work with themGrowing their business and add value to their clients’ portfoliosCoordinating with a property managerRalph talks about how they work with contractors and clientsAddressing expectations from property managers [14:02 – 21:12]Changes in the Richmond VA MarketCOVID’s impact to the changes in the Richmond VA MarketChanges in the real estate market in VSUTurnkey properties in Richmond [21:13 – 25:14] Closing SegmentQuick break for our sponsorsWhat is the best investment you've ever made other than your education?Buying a franchise businessWhat is the worst investment you ever made?A restaurant investmentWhat is the most important lesson that you've learned in business and investing?Always be thirsty for Education and always be willing to learnConnect with Ralph. See the links below. Tweetable Quotes:“One thing when it comes to investing is, everything takes longer than you want it to, and everything costs more than you want it to, and that’s a fact of life. If you hit your numbers on everything you modeled out it would be a miracle.” - Ralph Reahard“Always be thirsty for education. Always be willing to learn.” - Ralph Reahard Resources Mentioned:VSURobins School of BusinessConnect with Ralph on LinkedIn or send him an email at ralph@rpmrichmondmetro.com. Visit https://www.rpmrichmondmetro.com/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.