What Makes an Ideal Multifamily Asset Manager?

You've been underwriting deals, studying markets, and building toward the day you finally close your first multifamily property. But the operators who never get their time back — the ones still grinding years later — almost always made the same mistake: they mastered the acquisition and had no plan for what came next.

In this episode, Brent Kawakami — asset manager at Think Multifamily and part of three exits where investors doubled their money in under three years — kicks off a new podcast mini-series on multifamily asset management. He starts at the beginning: what does it actually take to be a great asset manager, how do you pick one for your deal, and how do you break into the role if you're newer to the business?

In this episode you'll learn:

•       The two non-negotiable qualities every asset manager must have — and why they're rarer than you'd think

•       Why having equity in the deal (and personal investors in it) creates a completely different standard of accountability

•       How sophisticated LPs and GPs evaluate the asset manager before they commit — and what a weak answer costs you

•       The professional backgrounds that translate most naturally into asset management

•       How to break in: the exact steps to take if you want exposure to the role before you're ready to lead it

This is Part 1 of the Think Multifamily Asset Management Series. New episodes continue the series — subscribe so you don't miss them.

Ready to take action and learn from experienced multifamily operators in person? Join us at our next live event at thinkmultifamily.com/event.

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