Third Stop: Real Estate Roadmap
Asset Management
Asset Management 101
Key Objectives:
Asset Management checklist
3 Pillars of Asset Management (MAP)
Interacting with the 3rd party property management company
What KPIs are evaluated and tracked
How to mitigate your risk through preparation
Managing 100 Units - How It’s Done
Key Objectives:
How to solve property management problems and issues with technology
The property management process
The property management tech stack
The leasing process
How are their investors raising rents and finding deals in this current real estate market?
Mistakes to Avoid As a Buy & Hold Investor
Key Objectives:
What is a Capital Structure and why is it important?
The biggest mistakes investors make when creating capital structures.
Measuring volatility when using leverage
The importance of reserves
Proper Insurance Coverage
Key Objectives:
Learn common misconceptions with umbrella policies
The must have insurance product if you raise money for your deals
How to avoid losing $800K using insurance
A checklist to use during the underwriting and due diligence process specific to insurance
6 Pillars of Asset Management
Key Objectives:
How to self-manage through property managers
Why asset management is not a passive activity
How to vet property management companies
Key elements to maintain an ongoing relationship
The 6 pillars of asset management