WS531: Asset Management and Property Triage in Times of Crisis with Jason Yarusi

Published: April 4, 2020, 7 a.m.

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Making properties perform without raising rent is a special skill and one that is becoming increasingly important in the current moment of crisis. As rental income is growing more and more uncertain, it is essential to find other ways to generate revenue. Jason Yarusi is an asset management superhero, and he is here today to share some of his knowledge with us. In this episode, we learn more about property triage and ways to cut back the fat. Jason discusses his \\u2018water walk\\u2019 and how, through tenant education and simple upgrades, he has been able to cut back on his properties\\u2019 water expenditure significantly. We also discuss how interventions in common areas, like unnecessary lighting or electricity use, can save significant costs in the long-run. Jason highlights the importance of sidelining any non-urgent capital expenditure and why it\\u2019s necessary to be as conservative as possible.
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