Watch This Before You Invest Out of Area

Economies of scale are VERY important in this business. It’s hard to create economies of scale when you have a small number of units in a market that is away from your other assets. You can run into different operational issues from construction to your property manager and on to the regional manager.. It increases […]

MB 254: A Hands-On Approach to Asset Management – With Daniel Simpson

A Hands On Approach to Asset Management With Daniel Simpson

In real estate school, we’re taught that the money is made when you buy. But that just isn’t true for apartment buildings, where the money is made in the execution! Today, Daniel Simpson explains how an asset manager guides the property management team in following through on ownership’s plan to increase revenue and reduce expenses.