My Road as a Real Estate Investor, Property Manager, Business Owner and Coach/Consultant
My name is Mike Lautensack, and I began my career over 30 years ago in corporate finance but eventually became disenchanted by the long hours, high stress, travel, and constant separation from my family.
So, I started looking for an alternative to the corporate world. In 1999, I started investing in real estate to generate passive income and long-term wealth. Despite numerous mistakes and learning experiences, by 2006, I began to have some real success and made the leap to a full-time real estate investor.
The following year, I founded the residential property management company Del Val Realty & Property Management (Del Val). Del Val’s mission was to assist real estate investors in and around Philadelphia with managing their tenants and investments. Through dedication and hard work, Del Val has grown into a full-service residential property management company where today we serve over 650 clients with over 5,500 single-family, multi-family, and HOA units.
In 2024, I sold Del Val to a large venture capital firm and will continue to run and grow it to even greater heights in the years to come.
Over the last twenty years, I have managed over 7,500 rental units, signed over 12,000 leases, and collected over $50 million in rent payments. I have also worked with hundreds of real estate investors, helping them grow their businesses.
But not everything has gone as planned. Yes, we have had many successes, but there have also been many mistakes and battles along the way. These successes, as well as the mistakes, led me to write the book Landlord Secrets.
Landlord Secrets: A Complete System for Managing Your Rental Properties for Maximum Profit assists investors in dramatically shortening the learning curve for managing their rental properties. Whether you own one or fifty properties, Landlord Secrets offers invaluable tips and tools to help you become a professional landlord. From reducing your odds of being sued for violating leasing laws, avoiding nonpayment issues, and selecting better tenants, you will learn best practices to manage your properties for maximum profit.
Now, I am pivoting to coaching/consulting to assist real estate companies and investors in scaling and growing their companies to greater heights and improved profitability. This will be done through one-on-one coaching, consulting, and fractional CFO/COO roles.
To learn more, please schedule a free 1 hour consultation here.