Think Multifamily Podcast
He can tell whether a property manager is actually walking the asset just by looking at their shoes. And he's been catching vendor overcharges, training underqualified managers, and squeezing every dollar out of multifamily assets for 30 years.
In Part 2 of this live Think Multifamily Group coaching call, veteran asset manager Dave shares the full operational playbook — from why he spends $1,000/month on resident kickball teams instead of advertising, to how he reads Freon logs to catch maintenance side jobs, to exactly what he's looking at when he walks a property unannounced.
In this episode you'll learn:
• Why community events beat advertising — and the math behind why a 60% renewal rate is the right target
• How to read source documents and invoices to catch the overcharges the GL will never show you
• The ACH-in-15-days strategy for negotiating vendor discounts PMs have zero incentive to pursue
• Why economic occupancy is the only metric that matters — and why leased occupancy is a lie
• The top five questions to ask on every weekly call — and why weekly is non-negotiable for new deals
• What Dave actually looks for on property visits: footwear, Freon logs, lease files, and what the local restaurant thinks of your property
This is Part 2 of a two-part series. Listen to Episode 106 Part 1 for the first half of this coaching call.
Ready to invest alongside experienced multifamily operators? Join us at our next live event at thinkmultifamily.com/event.
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