Episode 153: Losing It All in 2008: How He Turned a Failing Business into 470 Doors | Todd Ried
Evernest Property Management Show
Release Date: 07/21/2025
Evernest Property Management Show
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info_outlineIn this episode of The Evernest Property Management Show, Todd Reid reveals how the 2008 financial crash wiped out his financing, forced mass layoffs, and pushed him into full-time property management. He reveals exactly how he rebuilt from survival mode to a 470-door property management portfolio with actionable steps that any aspiring wealth-builder could follow. Reach out to Todd on LinkedIn or Facebook.
You'll learn:
- How Todd turned a catastrophic bank failure into a thriving business
- What Todd and Spencer would have done way earlier to make their property management businesses succeed sooner
- The difference between the adrenaline of finding new deals and the grind of property management + recurring revenue
- How Todd turned a catastrophic bank failure into a thriving business - and what you can do to get all the glory with less strife and struggle
Plus:
- The importance of community and how it's unlocked opportunities for Spencer and Todd alike
- Why reaching 1,000 doors no longer appeals to Todd (and what he's focused on instead)
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Connect with Matt and Spencer at Evernest: Evernest.co
Guest: Todd Reid | Reach out to Todd on LinkedIn or Facebook
Link: Connect with Evernest
Link: Evernest YouTube Channel (@ThreeHundredToThreeThousand) (Watch this episode and more!)
Visit the Podcast Website: Evernest.co/podcasts
Email the Show: podcast@evernest.co
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Production House: Flint Stone Media
Copyright of Evernest 2025.