Why we do what we do and the Triple Win!
In today’s episode, it is just the hosts Jonathan Cook and Bryan Jenkins. Today they go back to the basics – “The concept we work with daily basis, why they matter, why we do what we do?”
Episode Highlights:
- Jonathan says, “Recently, we worked with many industrialists and presentations during consulting with several people. But the thing we both keep bringing up, and we have a lot recently, is the Triple Win Philosophy.”
- Bryan says if we discuss tenants and landlords, it is important to create stickiness to keep tenants to stay longer.
- He also talks about creating an environment where the owner wants to take a longer period for a triple win policy. Herein all three client, resident, and property management companies are getting benefited.
- Bryan talks about the 450 work orders that his company manages.
- Jonathan talks about their team members and how capable they are in staying top of class.
- When talking about his company (AHI Properties), Jonathan says it is very solid.
- “Our team is incredible when we look at every aspect of it.” says Jonathan.
- Jonathan points out if investor adopts the philosophy of triple win, it will help them to meet their expectations and answer “Why are we doing this?”
- Jonathan answers, “What happens when someone places a tenant in an overpriced home?”
- Bryan says, “If a property is overpriced, a well-qualified candidate is not going to apply for it.”
- Jonathan and Bryan give specific examples on the importance of adhering to the triple win philosophies.
- Jonathan gives details about the resident benefit packages that AHI offers.
- A good tenant is no longer looking for a house; now, tenants are just looking for a house in a general area that gives good value.
- Bryan talks about the idea of all three-party wins. He also says that AHI has always been fair to its customers.
- Jonathan talks about the reason why tenants get angry when rent is increased.
- Good tenants are better profit; they make more money for homeowners. Jonathan calculates the value of a good quality tenant.
- If you are an average investor, a tenant pays for the property, and for a month or two, everything looks great.
- The tenants sign the lease, but they sight monetary problems after a month because of security deposits and other expenses. According to Jonathan, this does make sense.
- Jonathan and Bryan discuss the stories that tenants tells for late payment of rent.
- Jonathan and Bryan talk about the bad management side of the business for late or irregular payment of rents.
- Bryan talks about the reasonable benefits between owners, tenants, and property managers.
- There are many things that is not someone’s job, but still one can do it if it is not a lot.
- Bryan talks about the difference between a proactive and a reactive manager.
- Bryan says the answer to “Why we do, what we do?” is because we love what we do.
3 Key Points:
- Jonathan and Bryan discuss the triple win philosophies. It is as if someone is looking at a new procedure or rolling out a new system to create stickiness to keep tenants staying for a longer period. When it comes to triple win philosophies, the client, resident, and property management company all gets the benefit.
- Jonathan talks about the resident benefit package and what it does to the homeowner.
- Jonathan gives insights on “Why we do, what we do?” As per Bryan, it has always been a focus on maximizing long-term benefits for the clients.
Tweetable Quotes:
- “If we use the triple win philosophy to measure what we are doing, we will be more successful.” - Bryan Jenkins
- “If a property is overpriced, a well-qualified candidate is not going to apply for it.” - Bryan Jenkins
- “Our team is incredible when we look at every aspect of it.” - Jonathan Cook
- “A good tenant definitely matters.” - Bryan Jenkins
- “If you are reasonable with a resident, the resident is going to be reasonable with you.” - Bryan Jenkins
Resources Mentioned:
- Email Jonathan and Bryan at Podcast@AHIProperties.com
- PPP Facebook page: https://www.facebook.com/PPPwithAHI/
- PPP Twitter: https://twitter.com/PPPwithAHI
- https://www.sayrhino.com/
- Pinata
- Podcast Editing