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Ep #605 - Multifamily Asset Management 101
Mike Woodfield has been responsible for overseeing and asset managing $300,000,000 in multifamily deals over the last 5+ years. During that time Mike oversaw the renovation of 2,200 multifamily units totaling $30,000,000 in improvements which created millions in value-add. Mike has overseen the construction of 50 apartment units totaling $7.2 Million in construction loans.
Here's some of the topics we covered:
The importance of curb appeal
The 4 P's of asset management
Having an Asset Management Plan
The power of accountability
Trust but Verify
Pricing strategies
Asset management KPI's
To…
The skinny
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