Category: Asset Management

How To Efficiently Execute Your CapEx Plan Part 1: The CapEx Budget

  • By Brandon Martinez
  • 09/15/20
  • Asset Management

One of the first things your team will do is gather all of the relevant documents pertaining to your CapEx Plan. This will include but is not limited to: CapEx...

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Asset Management is Key to Successful Multifamily Project

  • By Alain Villegas
  • 09/07/20
  • Asset Management

Every new syndicator and apartment buyer wants to become a good asset manager. I am excited to share how to be on top of the property management company running your...

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How to form your first multifamily sponsorship team

  • By Edward Sittler
  • 07/27/20
  • Asset ManagementCapital Raising

In this post, I will explain how I conceptualize the formation of a sponsorship team and how my partner and I applied these principles when forming the team for our...

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Value-Add Case Study: Bedroom Additions

  • By Edward Sittler
  • 07/10/20
  • Asset Management

One of the single best value-add strategies from an ROI perspective (maybe the only perspective for value add :)) has to be the addition of a bedroom to a unit...

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The 5 biggest Lessons I Learned in My First 6 Months as an Asset Manager

  • By Edward Sittler
  • 06/15/20
  • Asset Management

1. The On-Site Manager is Key This point may seem fairly obvious, but the importance of having an excellent on-site manager (aka “property manager” or “community manager”) has repeatedly been...

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Lenders and CapEx draws: what I wish I had known about CapEX process

  • By Edward Sittler
  • 06/04/20
  • Asset Management

One topic that I rarely see discussed in syndication circles is how different lenders handle CapEx draws, and how these differences can affect the operator’s ability to execute their CapEx...

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Asset Management Case Study: Water Bills

  • By Edward Sittler
  • 05/27/20
  • Asset Management

When reviewing financial statements for potential acquisitions, I am frequently amazed by the incredibly high utility costs. Owners often seem content to let these slide — perhaps assuming they are...

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The Importance of Asset Management in a Recession

  • By Edward Sittler
  • 05/20/20
  • Asset Management

It is probably self evident to most investors that asset management is a critical component of any real estate investment, especially in times of economic recession. However, I believe that...

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