Most college students are focused on class schedules and grades; but Kyle Jordahl and his business partner John Ziemann used the time to buy apartment buildings and then become real estate brokers. Before they graduated, they started their own property management company. So, it's no surprise that only a few years later, they'd be thriving with their own startup,
VanquishAP.
The company is unique, Jordahl notes, because it runs on distinctive technology. The pair designed a software tool to make the property management process easier, and they now extend that capability to clients.
"We're able to do tasks more accurately with this technology," says Jordahl. "We can make use of our resources more effectively, and that gives us an advantage."
VanquishAP has seven employees, with offices in downtown Minneapolis and St. Cloud, and expects to keep growing in those areas and eventually extend into other markets. The company is a full-service real estate firm that does everything from automated rent collection to property analysis. The app lets the company take on more properties without adding employees right away, Jordahl says.
"We're still a young company, and we experience the kind of challenges that any young company does," he notes. "But we feel that there are many factors driving our growth and that makes us excited about what's ahead for us."
Source: Kyle Jordahl, VanquishAP
Writer: Elizabeth Millard