EP#16 | Insights on Asset Management and Real Estate Investing | Sandhya Seshadri

In this episode of the Get Diversified Podcast, we sit down with Sandhya, an experienced asset manager and real estate investor. She discusses the importance of executing a business plan, managing expectations with contractors and renters, and the significance of local knowledge. Sandia emphasizes the balance between managing property managers and tracking key performance metrics. She also highlights the essential financial and non-financial metrics for successful asset management, including revenue, operating expenses, net operating income, occupancy, delinquency, and resident satisfaction. Additionally, Sandia provides insights into property acquisitions, dealing with deferred maintenance, the role of property management companies, and the need for adaptability in making swift changes. The video concludes with valuable advice for rookie operators entering the multifamily space, emphasizing the importance of partnerships, continuous learning, and staying on top of asset management for achieving success Contact your hosts: Website: www.morelandequity.comFollow on social media @morelandequityListen on Apple Podcasts & Spotify @getdiversified