Ralph Reahard
A University of Richmond graduate, Ralph became a “double Spider,” graduating from University of Richmond Robins School of Business with a Master’s Degree in Business Administration.
The RPM Richmond Metro office has been a successful since inception. The first seven years of operations Real Property Management: Richmond Metro was ranked in the top 10% for organic growth and earned Gold Status in the President’s Cup Circle, an award given to less than 5% of franchise stores.
In 2019 Ralph’s management firm, RPM Richmond Metro was named the Franchise of the Year. They beat out 335 other stores and were recognized by their peers as the best run Real Property Management office in the country. In 2020 RPM Richmond Metro was named to the Inc. 5000 list, a national list of the fastest growing private companies in America, his firm ranked #2514.
From 2012 to 2021 Ralph has grown his portfolio from 9 doors to a total of 286 units, 55 single family homes and 231 apartment units. In 2021 he opened a new property management company in Staunton, VA and added 25,000 square feet of office space. Current assets under ownership are valued north of $50mm and monthly rental income is now over $300,000. He is proud to say that 15 years later, door #1 is still in the portfolio and still cash-flow positive!
Day One Wednesday, May 18th
Incentivized Management
Partnering with your best clients:
- Identify the strategies your clients are using and see if you can bring them a similar deal. Goal to earn either a brokerage fee, equity, or another property management account. Learn how to monetize your business development.
Day One Wednesday, May 18th
Live Deal
Conference hosts will buy a property during the conference:
- See the steps from identifying a property, coming up with a pro-forma, finding a valuation, drafting a LOI, negotiating a contract and entering escrow. Throughout each session, we will spend 10 minutes updating progress on this deal. By watching this LIVE, attendees will realize it’s not hard and there is no up-front risk.
Day One Wednesday, May 18th
Investment Strategies, Story Telling, & Raising Capital
Crafting a Story and Raising Capital
- Once you have identified a property and have estimated financial performance, how do you sell your vision to provide value and opportunity to your clients, employees, and equity partners.
Day One Wednesday, May 18th
Deal Road Map
Step by step guide from offer, through due diligence and closing
- Learn what to ask a seller and how to conduct proper due diligence. Review 3rd party reports, lease audits, and everything from escrow too close.
Day Two Thursday, May 19th
Portfolio Sales
Creating a portfolio that can be sold or refinanced
- Discussion of assemblage and how it can create value for operators and equity partners. How do you re-position an asset or portfolio to be sold to other investors.
Day Three Friday, May 20th
Adding Value to Your Network
Client testimonial
- Show your clients a road-map to the next level of real estate investing. How we turned a SFH flipper with one duplex into a real estate guru with 38 doors.
Day Three Friday, May 20th
Shark Tank
Day Three Friday, May 20th
Next Steps - 100k Commitment
100,000 equity contest
- Learn by doing. For the first 90 days following the conference, attendees will have bi-weekly zoom calls where they can pitch deals that they find in their market. Participants will partake in under-writing, debt sourcing, equity raising – the best deal that comes across will get a $100,000 investment from the sponsors and a co-GP opportunity to close on their next investment.