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

Episode 151 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Jake and Gino, titled "Understanding Asset Management" was published on December 3, 2021 and runs 6 minutes.

December 3, 2021 ·6m · Jake & Gino: Real Estate Investing & Multifamily

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Summary

Episode Description

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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