137: How to Generate additional income through Telecom Contracts with Todd Thorpe

Published: May 20, 2021, 4 p.m.

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Todd is a well-respected multifamily telecom & technology expert with over 30 years of industry experience. For over 20years, he held various executive leadership positions with Charter Communications where he grew multifamily sales in the Midwest and Southeast markets by 30%
\\nIn early 2020, Todd left Charter and became Vice President with MDU Consulting Group, a national firm helping multifamily owners, property management companies, real estate developers and home owners\\u2019 associations save time and money by leveraging telecom contracts.
\\nAs an advisor to the multifamily industry, Todd teaches property owners how to negotiate lucrative cable and Wi-Fi contracts that generate ancillary revenue streams for their properties.

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(00:02 - 2:40) Opening Segment

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- Introduction of the host into the show

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- Alpesh introduces the guest of the show, Todd

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- Todd shares something interesting about himself

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(2:40 - 32:19) How to Generate additional income through Telecom Contracts

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- Do you invest in Real Estate

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- What are telecom contracts and the importance of telecom agreements 

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- What are the four key ways owners can generate ancillary revenue using telecom contracts? 

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- What are called door fees

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- Recurring revenue

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- Example of who started generating ancillary income

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- What is managed WIFI

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- Does the property owner or the property themselves held to be compliant with certain state or federal regulations?

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- What Todd means by adding smart technology

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- What are the cons of going this way? 

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- Have you seen JMeter? 

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(36:34 - 36:58) Break

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(36:58- 37:40) Second Segment

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- Welcoming listeners and guest back to the show

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(37:40 - 40:06) Fire Round

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- Will Todd change the business strategy after Coronavirus?

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\\u2013 Todd\\u2019s favorite real estate, finance, or other related books

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\\u2013 Tool or website Todd recommends

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\\u2013 Todd\\u2019s advice to beginner investors

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\\u2013 How does Todd give back?

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\\u2013 How can Wealth Matters Podcast listeners reach out to Todd?

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(40:06 - 40:31) Closing Segment

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If you want to learn more about the discussion, you can watch the podcast on Wealth Matter\\u2019s YouTube channel and you can reach out to Alpesh using this link

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Facebook: @wealthmatrs

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IG: @wealthmatrs.ig

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Tiktok: @wealthmatrs

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