153 | The Push Behind Asset Management To Make A Property Successful with Sam Bates

Published: June 21, 2021, 10 a.m.

b'

Sam's Background:

  • Founder of Bates Capital which invests in multifamily and development projects throughout the southeast\\xa0
  • Bates Capital owns/operates 750 doors totaling over $100MM

In this episode we cover:

  • \\xa002:32 - Intro to Sam's expertise in asset management
  • \\xa007:31 - Vetting a PM and their work culture
  • \\xa010:36 - What the weekly/monthly meetings with a PM look like
  • \\xa016:31 - Clever KPIs to look at when evaluating performance
  • \\xa018:52 - The risk of pushing rents too far
  • \\xa026:03 - More KPIs and some hacks to reduce maintenance expenses
  • \\xa032:07 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why?
  • \\xa033:38 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it?
  • \\xa034:26 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear?
  • \\xa035:22 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality?
  • \\xa036:29 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?

Connect with Sam:

Connect with Dave:

Other ways to listen/watch:

Follow or Subscribe:

If you enjoyed this episode or like the show, please subscribe and leave a review! It is a huge help for just a little effort


*****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.

'