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

 

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https://www.obsidiancapitalco.com/