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Ep007: Expand Your Empire With Rachael Schwalenberg
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I’d like to introduce Rachael Schwalenberg to the Landlord Profitability Playbook Podcast.Last summer I was listening to the Evernest Real Estate Investor podcast while on the bike path and the guest that day was Rachael Schwalenberg of Columbus, Ohio.Now I listen to a lot of podcasts and I am not easily impressed but Rachael was amazing. She clearly knew the Columbus market inside and out. It was not a ‘rah-rah’ perspective either. It was nuanced, thoughtful, and in my opinion absolutely accurate.As soon as I got home I got on the Google machine and tracked her down, sent her an email, and we have been friends and referral partners ever since.Rachael’s years of experience in the Columbus market as a Realtor, property manager, broker owner, entrepreneur, and investor make her an invaluable resource to our listeners on The Landlord Profitability Playbook podcast as well as our listeners on our sister podcast Connect Practice Track & Grow for real estate professionals.When it's time to expand your empire, Rachael is the professional you want to work with.
SHOW HIGHLIGHTS
Rachel shares her journey from property management to becoming a broker-owner, emphasizing her focus on working with investors to optimize their investments.
We explore the importance of maintaining a manageable business size, which Rachel believes is crucial for staying accessible to clients and building long-term trust.
Rachel discusses the significance of leveraging tools and spreadsheets for making profitable investment decisions, rather than doing the calculations manually.
We address the challenges that agents who entered the market in 2021 and 2022 faced when the market shifted, emphasizing the need for genuine commitment to succeed in real estate.
Rachel underscores the necessity of having supportive brokerage and proper training to grow and sustain a successful real estate practice.
Rachel and I talk about the importance of building strong client relationships and being selective with the clients you work with, particularly in property management.
We delve into the strategies for expanding client portfolios in the Columbus market and discuss the long-term investment opportunities arising post-pandemic.
Rachel predicts a more stable real estate market in 2024 and discusses the impact of infrastructural developments, such as Intel's move to Columbus, on investment potential.
We highlight the value of networking and referral partnerships for building a real estate business, sharing insights into their successful collaboration.
Rachel conveys her approach to business growth, focusing on scaling her clients' portfolios and potentially growing Roost Real Estate with more agents and investors.
LINKS
Be a guest on the Landlord Profitability Playbook Podcast
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