Rich Lauletta - Phlly Apartment Company Co-Founder - a podcast by Tom

Building and creating is a passion for Rich Lauletta, dating back to childhood, using scrap wood from his dad’s building sites to construct skateboard ramps.  He leaped from ramps to real estate following the concept of ‘working to learn, not to earn’ in a book called “Rich Dad Poor Dad” by Robert Kiyosaki.  Rich chose his first job after college at Wachovia Bank to gain the banking experience that would be most beneficial for his career path.  He tested the waters of entrepreneurship by co-creating the Philly Apartment Company, providing renters with a cost-free way to find apartments and owners with services to market their properties.  Rich shares his perspectives on private lenders, the BRRR strategy, portfolio lenders, accuracy in rehab budgets, post-renovation rents, and property management software.  Rich continues to innovate, investing in other asset classes such as co-working spaces and partnering with a team to develop an app called Rentbucks.

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