June 10, 2019

RE #25: Craig Lashley - President of Valiant Residential

Craig Lashley is the President of Valiant Residential, a property management firm based out of DFW that leverages the best in next-generation technological advances to make clients’, residents’ and potential residents’ experiences as rich as...

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Craig Lashley is the President of Valiant Residential, a property management firm based out of DFW that leverages the best in next-generation technological advances to make clients’, residents’ and potential residents’ experiences as rich as possible. They discuss the phases a company will go through as it grows, what separates a great property manager, the idea of buying time and the process of working out a deal and what can kill it. Enjoy! For more information on Chris Powers and Fort Capital, visit www.fortcapitallp.com  Follow Chris on Twitter! @fortworthchris  Connect with The FORT by emailing us at thefortpodcast@gmail.com   1:54 - The early days of valiant  4:30 - The process of hiring and finding leaders 6:23 - phases and changes of a company as the number of people grow 7:52 - First big kahuna (SEGMENT IN QUESTION) 9:18 - Craig’s evolving day to day job 12:20 - How do you identify units to service/manage?  15:05 - What separates a good property manager from a bad one? 17:09- are there any easy fruit to get things in line to make a property more profittable when you take it over? 20:40 - Are people living differently now than they were 5-10 years ago? 22:46 - Buying time in the urban core vs. mving out to the suburbs 29:04 - Time 32:16 - is there an average of how many communities a renter will look at before making a decision? 35:33- Are people moving more frequently than they used to? 38:05 - Different impacts on what will affect rents and underwriting deals (pay increases, weather, recessions) 43:38 - Supply component and development in different markets 48:07 - different ways of living in different cities in the US 50:10 - Work/Life balance 51:08- The process of working out a deal and the things that kill a deal The FORT is brought to you by Straight Up Podcasts, for more information on starting a podcast for your business, brand or creative project, visit www.straightuppodcasts.com