5 Talents Podcast - How To Build Wealth Through Real Estate

Todd Thorpe - $270M Revenue, 980k Units; 4 Ways Property Owners Can Earn Additional Income

December 15, 2020 Abel Pacheco Season 1 Episode 62
5 Talents Podcast - How To Build Wealth Through Real Estate
Todd Thorpe - $270M Revenue, 980k Units; 4 Ways Property Owners Can Earn Additional Income
Show Notes

We have a unique guest for this episode. Todd Thorpe is a well-respected multifamily telecom expert equipped with over 30 years of experience. He is currently Vice President of MDU Consulting Group, specializing in negotiating right of entry agreements and bulk agreements with property owners. Today, he will share some secrets about what we call ancillary revenues. 

Let’s dive right in and learn 4 ways to earn additional income from your properties!

[00:01 - 07:50] Opening Segment

  • Let’s get to know Todd Thorpe
    • An expert in multi-dwelling units
  • Why do we need a right of entry agreement?
    • Lots of earning opportunities

[07:51 - 18:56] Easements 

  • Uncovering the easements of a property
  • Understanding the contracts and other documents 
  • How to not lose your leverage in negotiations

[18:57 - 39:02] Ancillary Revenues

  • Todd talks about their value-adding services
  • 4 ways property owners can earn additional income

[39:03 - 45:54] Closing Segment

  • Connect with Todd - links below 
  • Final words from Todd and Me


Tweetable Quotes:

“The key to passive investing...is owning multiple properties.” -  Todd Thorpe 

“We only make money if [our clients] make money.” -  Todd Thorpe



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Connect with Todd on LinkedIn or call 608-669-6514. Visit MDU Consulting Group and their LinkedIn page to learn more. Watch out for Todd’s podcast soon!

Guest email: tthorpe@mduconsultinggroup.com

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