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Real Estate Asset Management Best Practices That Put Money in Your Pocket #propertymanagement #singlefamily #investmentproperties #wecanhelpwiththat #multifamily HomeRiver Group https://lnkd.in/grK-jnNM

Commercial property asset management is complex and involves a multitude of tasks and responsibilities. I have written a blog outlining several key tips that property managers must be aware of to ensure the success of their instructions during the post-construction phase for refurbishment or redevelopment. 💡I explore the challenges and strategies for overcoming them. From engaging with the main contractor early in the process to managing tenant fit-outs and digital strategies. Check out the blog here 👉 https://lnkd.in/eM7N8GxK #CRE #PropertyManagement #AssetManagement #RealEstateInsights #PAM23 @KnightFrank @MichaelLewis @LisaGribben @ElizabethFletcher 

This is a good explanation of the difference between Asset Managers and Property Managers. When starting to invest in real estate you wear all the hats, but understanding the differences allows you to grow in a more structured way!

Asset management and property management: the two terms may appear to be interchangeable when it comes to commercial real estate. In fact, they’re two different, if related, occupations. This article will explore the roles that asset managers and property managers play in CRE ownership and investment. https://lnkd.in/gbbi9fsA #ccim #ccimwa #assetmanagement #propertymanagement

Bruce Flatt, CEO of Brookfield Asset Management, had some interesting commentary on where he sees opportunity in today's real estate market. Check out the direct quote below: “On the opportunity side, I think, there is going to be some excellent opportunities and they split into two buckets. Bucket one, which I am not -- we are not too interested in, is bad assets that you have to do a lot of work to turn around or to redevelop. We have too much money for that in scale. Where the opportunities are coming are great assets, which have... capital structures which are not appropriate for the environment that we are sitting in today, because interest rates went up and you have floating rate financing or whatever that is. And the easiest way to make money in real assets, especially in real estate, is to buy great assets with bad capital structures.”

🤨🧐 Devils advocate. 1️⃣ IH core business (acquisition) is frozen with low supply unacceptable cap rates in comparison to fixed income yields today. (See most recent earnings statement) 2️⃣ Consolidation is happening because venture backed large players are running out of runway and need to merge (formally or informally) to survive. 3️⃣ This is a data play to get closer to their core product for future acquisitions. All speculation, zero inside info. Just hard for me to understand why the CEO would call property management “a necessary evil” in an earnings call then agree to take on the most challenging property management business in the space (third party). #realestate #proptech #startups

Unveiling the Secrets of Effective Property Management! Check out our latest blog post for 10 essential tips to elevate your Property & it's Asset Management (PAM) and lead you to success. Dive in and know Property Management in & out with TalbotFORCE

Experts predict a 'Golden Age of Asset Management' in commercial real estate, highlighting a shift in focus towards generating income returns rather than just banking on property value appreciation. This shift underscores the increasing importance of adept asset management in today's market. Effective asset management can optimize property performance, directly influencing the demand and valuation of commercial spaces - including the roofs over their heads. This insight is not just about anticipating market trends; it's about being proactive in enhancing asset value through diligent maintenance and forward-thinking investment. Feeling intrigued? Let's dive deeper into how strategic roofing solutions can enhance your asset management strategy. Reach out to us at [email protected] or call 770.934.2888 to explore innovative roofing solutions that drive value. https://zurl.co/JOxY #CommercialRoofing #AssetManagement #InvestmentInsights"

Asset Management vs Property management Multifamily deals are made or broken at the asset management level. After three decades of being in the real estate business there are a couple of things, I have learned that make more sense today. The property management team and boots on the ground never get enough credit. Working through the day-to-day activities with leasing, repairs, tenant struggles, collections and evictions is never easy. Even though this is the basis for efficiently running a property and adding value, they are the forgotten few.  These teams are often pulled in several directions helping tenants and making a difference in the community. But asset management is the basis for success. Owner operators need to pay special attention to the details. When a property is first acquired it is important during stabilization and cap-x projects to work with your boots on the ground weekly and sometimes more often. As a property is stabilized asset management calls can become a bi-monthly task. Effective asset management increases the net operating income (NOI) of a property. At a 5.5 cap every, one ($1) dollar of NOI that is added to a property increases the value of that property $241.00. How many $241 dollars do you want to add to a property during the hold period?   I have a list of 15 asset management conversations I have with my on-site staff on my properties weekly. The following are the top five conversations I have. Ø Occupancy Ø Rents collected. Ø Delinquency Ø Repairs and Maintenance Ø Goal for the week and the quarter Whether you are a new or seasoned real estate investor understanding and executing each of these functions at a high level is critical.  To receive a copy of my complete asset management list, email a request to [email protected] and I will send you a copy.  #wealth #passiveinvesting #syndication #multifamilyinvesting #cashflow #coaching #assetmangement #propertymanagement #apatmentinvesting #realestate #familyoffice #financialfreedom

🏢📚 Excited to share our latest blog post on the Charles Cox Property Group website! 📚🏢 🔗 Link: https://lnkd.in/dJmdtw4A Are you confused about the roles of asset management and property management in the property industry? 🤔 You're not alone! Understanding these key differences is crucial for successful property investment and management. 🏘️💼 In our brand-new blog post, we delve into the fascinating realm of "Asset Management vs. Property Management" and shed light on their unique functions and significance in the property management world. 💡🏢 Don't miss out on this opportunity to boost your knowledge and take your real estate ventures to new heights! 📖💡 🔗 Read the full blog post here: https://lnkd.in/dJmdtw4A #RealEstateInsights #PropertyInvestment #AssetManagement #PropertyManagement #CharlesCoxPropertyGroup #RealEstateExperts