Asset Management Made Simple: A Strategic Mindset to Success

Taking a proactive approach to asset management and using the right tools can make managing your assets less stressful.  

Topics: 

• Asset Manager's Role vs Regional Managers or Regional VP
• Owner Objectives
• Breakdown of one dollar of rent as it correlates to operation expenses and profit
• Why is revenue and net income important to CAP Rates
• How does on-site management build value
• The income statement and balance sheet simplified
• Asset Preservation- it's to only leasing and work orders
• Market Conditions-more to it than surveys
• Bad news - unlike wine, it does not age well
• Consultant mentality- key to professional management