AAA346 Key Skills you Need to be The Best Asset Manager-Pratima Sharma
Creative Real Estate Podcast · Jason Lewis & Adam Adams
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Show Notes
In this podcast, you'll learn:
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Key tasks that an Asset Manager needs to do
- Be hands-on. Its the key task to asset performance
- You need to be involve in all phases of multifamily life cycle and ecosystem
- Ensure that all the strategic systems are in place
- Strategized leasing and make sure that all the accounting systems are in place
- Make sure that the residents are satisfied and the residential communities are thriving.
- Have a cohesion among the two: Business and Community/People
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How to overcome the challenge on "Eminent Domain"
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How to invest in a LURA property properly?
Relationship between Asset Manager and Property Manager? -Build a relationship from the very beginning -Build a budget together -Put the strategies together -Goal on physical occupancy
- How many units are rented and economic/delinquency occupancy
- How munch rent is due and how to were able to collect
Sample strategies to increase residential retention: -Reserve parking income -Covered parking income
To connect with Pratima, email her at [email protected]
Sponsor: Think Multifamily (https://thinkmultifamily.com/podcast)
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