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Helping Your Team Become Investors with Mike Schraepfer

Helping Your Team Become Investors with Mike Schraepfer

Today I’m talking with Mike Schraepfer of Heirloom Property Management.

Mike was first introduced to entrepreneurship and construction through his father, and eventually led to him purchasing his first homes. Since then, Mike has become a force to be reckoned with in the industry.

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Topics covered:

(00:00) – Intro

(01:00) – Introducing Mike Schraepfer

(2:45) – The Weather of the North

(3:50) – Mike’s Background

(6:00) – Did you try a lot of companies prior to starting your own?

(7:20) – How does running property management affect investment?

(8:35) – Investors or Landlords?

(10:30) – Team Investing

(12:00) – How does the class and monopoly game work?

(15:15) – Staff Ownership

(21:00) – Repurposing a School

(25:30) – What type of time does this require?

(27:30) – Expanding Client Portfolios

(29:00) – Managing 3rd-Party Vendors

(32:30) – Building PM Software on the side

(40:00) – Hindsight: What do you wish you would have known?

(46:00) – Rapid Fire: Are Entrepreneurs Born or Bred?

(47:00) – Closing

Resources mentioned:

Feedback Email: Team@pmgrowsummit.com

PM Grow Summit 2019