116 | Focus On The Right Things While Managing Assets with Mike Taravella

Published: Aug. 24, 2020, 10 a.m.

Mike's Background:

  • Previous experience as a CPA having worked for Ernst and Young
  • Started investing in RE in Michigan in 2016 and is now the asset manager at Rand Partners

In this episode we cover:

  • 00:03:42 Managing the manager
  • 00:04:22 Levels of asset and property management
  • 00:06:23 Weekly KPIs to look at on a property
  • 00:08:54 Getting the right tenant applications
  • 00:11:43 Being realistic with your business plan
  • 00:14:26 How Mike's team handles feedback from tenants
  • 00:15:46 What garners good feedback
  • 00:16:59 Fostering a community
  • 00:21:06 Day in the life of asset management

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*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.