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Understanding Asset Management

  • Asset Managers keep Property Managers Accountable to make sure the business plan is being executed
  • Investors hold Asset Managers Accountable to make sure the investors are getting paid
  • As an Asset Manager you should have a weekly meeting with your property manager
  • During the meetings you should understand your physical occupancy, we target 95%
  • We also review the delinquency narrative to make sure residents are paying but also if any residents need assistance

Pro Tip: Use a project management tool like Asana to help manage your projects

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