WS1531: Asset Management Is a Superpower | Jason Balara

Asset management is a crucial part of a real estate syndication business. As an asset manager, you need to be prepared to take on varying roles, as this may involve construction and leasing. In today’s episode, we speak to Jason Balara, CEO and Co-founder of Lark Capital Group, and he dives deep into this superpower called asset management.Jason first talked about his background as a veterinary surgeon, how he managed to juggle his training and real estate business, and eventually going full-time in the industry. He then dives deep into asset management, its two components, and the qualities of a good asset manager. Enjoy the show!Key Points From This Episode: Jason talks about his background as a veterinary surgeon and how he transitioned into real estate.How did Jason manage to do his veterinary surgeon training and simultaneously venture into real estate?Jason discusses the two components of asset management.Property manager versus asset manager.What do you have to navigate in the world of asset management?What are the KPIs in asset management?The importance of having the right property management in place.Jason discusses the kind of communication between the property manager and asset manager.What should an asset manager focus on in the next six to 12 months?Jason explains why adaptability is important in asset management.How does Jason prepare for a downturn?Why is social media the best and the worst tool for meeting new investors?Jason’s advice to passive investors is to vet sponsors wisely.What are the important metrics that Jason tracks personally and professionally?The number one thing that contributed to Jason’s success was not quitting.How does Jason like to give back?Tweetables:“As the asset manager, you have to establish that business plan, you have to adequately communicate it to After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/