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Empowering the Property Management Industry Through Education - An Interview with Peter Lohmann

August 14, 2023

In the ever-evolving world of property management, education plays a pivotal role in shaping the future of the industry. At the forefront of this movement is Peter Lohmann, the CEO of RL Property Management and a proud member of the National Association of Residential Property Managers (NARPM). His passion for knowledge sharing has been instrumental in empowering property managers worldwide. In this interview, we delve into Peter's journey of creating educational content, his vision for the industry, and a celebration of his 10 years of success in property management.

1. Creating Content for Industry Education:

Peter Lohmann's dedication to the industry is evident in his commitment to sharing knowledge and insights. When asked about the inspiration behind starting a newsletter and podcast, he explains, "A desire to share what I had learned the hard way. When I came up in the industry, I didn't have any experience or people around me that knew the business."

This thirst for knowledge drove Peter to develop his own solutions and strategies as an electrical engineer turned property manager. Armed with a unique perspective, he began the journey of interviewing influential figures in and around the industry through his podcast and crafting valuable content for his newsletter.

"I realized there was a lot of thirst for knowledge about the systems and tactical styles that I had gathered. So, I began interviewing people I admired," Peter shares. His commitment to producing high-quality content is unwavering, ensuring that industry professionals have access to valuable resources and expert opinions.

2. Empowering Property Managers Through Education:

As an active member of NARPM, Peter Lohmann understands the importance of continuous learning and professional development for property managers. One of his most passionate topics is fair tenant screening. He advocates for a blind screening process to eliminate biases and ensure a level playing field for all applicants. Additionally, he believes in setting criteria based on data and analytics, challenging the traditional norms passed down through generations.

"Tenants that should be getting declined are getting approved because of this sloppy analysis. And tenants that would have made great tenants are getting declined because of this system," Peter highlights. By shedding light on these critical issues, he empowers property managers to make informed decisions and improve their screening processes.

3. Advice for Aspiring Content Creators:

For those looking to follow in Peter's footsteps and educate the industry through content creation, he offers valuable advice. "Find a way to fit it into your routines and your schedule first because the passion will wear off. You need to figure out how you are going to keep going when that initial excitement phase has worn off."

He also emphasizes the importance of choosing a topic that resonates deeply and can be explored thoroughly over time. Avoid getting consumed by what others are doing, and instead, focus on your unique voice and perspective.

4. Celebrating a Decade of Success:

As Peter reflects on his 10 years in property management, he takes pride in the growth of RL Property Management. Starting as an electrical engineer and making the transition into the property management realm, his journey has been filled with challenges, triumphs, and an unyielding passion for educating the industry.

Looking ahead, Peter envisions himself investing even more in creating content for property managers. "I’m sure RL PM will continue to grow, but these days my passion is helping PMs stay and be successful," he reveals. Through his content and dedication, Peter Lohmann, together with the support of organizations like NARPM, continues to inspire property managers to thrive and make a lasting impact in the industry.

Peter Lohmann's journey is a testament to the power of education in the property management industry. By creating valuable content, advocating for fair practices, and leveraging the resources of NARPM, he has become an influential figure in the field. As he celebrates 10 years in property management, his commitment to education and industry growth remains unwavering, leaving a lasting legacy of inspiration for property managers worldwide.

Take Your Property Management Accounting to the Next Level!

To become one of the most respected property managers in the industry like Peter Lohmann, it's essential to stay ahead in all aspects of your business, including accounting practices. Don't let confusing accounting processes hold you back from achieving success.

Reach out to APM Help today and discover how our expert consultants can ensure your books are accurate and up-to-date. Whether it's streamlining your financial reports, optimizing budgeting strategies, or addressing complex accounting challenges, our team is here to help.

Invest in your education and empower your property management business with the expertise of APM Help. Let's work together to unlock your full potential and pave the way to even greater success in the property management industry. 

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