Asset Management in a Downturn with THIS Powerhouse Investor with Sandhya Seshadri | REM #154

When you close on an apartment syndication deal, the work is just getting started. Asset management involves maximizing the potential revenue at a property, and identifying new ways to create and grow long term value by increasing the property’s Net Operating Income. While your marketing might be what attracts passive investors, asset management is what keeps them coming back! Whether you’re an operator, capital raiser, or passive investor, understanding asset management at a fundamental level is essential to making savvy investment decisions. Over the past few years, many operators have benefited from strong markets and rising rental premiums. However, in hard times, the asset manager determines how the property performs. For these reasons, we brought on an asset management expert to discuss these timely topics. Sandhya Seshadri is an experienced apartment syndicator in Dallas with over $100M hundred million dollars in assets under management. Sandhya is experienced in all aspects of multifamily Syndication from underwriting and broker relationships to raising capital and asset management to execute the business plan. In this episode, Kerwin and Sandhya dive into why asset management is so important, particularly during an economic downturn. She also mentions why she keeps cash reserves, managing a property management company, and important KPIs she tracks to ensure her properties perform. She also explains how she manages her capital expenditures budget, why she doesn’t assume large rent bumps in her underwriting, and much more. This is an episode you cannot afford to miss! Connect with Sandhya: Website: www.multifamily4you.com Linkedin: Linkedin.com/in/multifamily4you If you want to download our FREE 5 Mistakes New Investors Make Playbook, go to www.donisinvestmentgroup.com/playbook. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website –  www.donisinvestmentgroup.com