Understanding Asset Management
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
Jake & Gino: Real Estate Investing & Multifamily · Jake and Gino
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Show Notes
- 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
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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. Connect with Jake & Gino here --> https://jakeandgino.com.
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