
Understanding Asset Management
Dec 3, 2021
06:33
- Asset Managers keep Property Managers Accountable to make sure the business plan is being executed
- Investors hold Asset Managers Accountable to make sure the investors are getting paid
- As an Asset Manager you should have a weekly meeting with your property manager
- During the meetings you should understand your physical occupancy, we target 95%
- We also review the delinquency narrative to make sure residents are paying but also if any residents need assistance
Pro Tip: Use a project management tool like Asana to help manage your projects
We're here to help create real estate entrepreneurs...
About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino here --> https://jakeandgino.com.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
