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RCRE - Keeping Everyone Accountable

RCRE - Keeping Everyone Accountable

FromJake and Gino Multifamily Investing Entrepreneurs


RCRE - Keeping Everyone Accountable

FromJake and Gino Multifamily Investing Entrepreneurs

ratings:
Length:
28 minutes
Released:
Jul 8, 2020
Format:
Podcast episode

Description

Will Coleman interviews Mike Taravella of Rand Partners.   Key Information: Accountability: Keep in constant communication with your property management team in order to address any problems as soon as they occur.  Key Performance Indicators to look at: Occupancy, Delinquency, and Marketing. Communicate and be a resource to your residents so that you always have a pulse on how the property is performing.  Establish a budget so you can see when you are under or over your usual metrics for the month. Utilize accounting and property management software in order to keep organized records of the property’s performance. Focus on financial metrics which lenders and brokers will look at in the future.  Key Financials: P&L, Rent Roll, T-12   Expert Pro Tip: “Create Accountability” Contact Information: miket@randcre.com - Mike Taravella   To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre
Released:
Jul 8, 2020
Format:
Podcast episode

Titles in the series (100)

What started out as a conversation between friends exploded into a thriving real estate investment business that continues its growth and profit. Jake and Gino are both experts in multifamily real estate investing and have achieved, by hands-on doing, the sort of financial freedom they've always wanted but were unsure was attainable. If you’re interested in multifamily strategies, syndication, increasing cash flow or just some good old fashion “make it happen” attitude, then this show is for you!