12 min listen
JF3386: Iven Vian - Strategies for Proactive Asset Management with the Apartment Ninja Warrior
JF3386: Iven Vian - Strategies for Proactive Asset Management with the Apartment Ninja Warrior
ratings:
Length:
42 minutes
Released:
Dec 12, 2023
Format:
Podcast episode
Description
Iven Vian, the Apartment Ninja Warrior with an 800+ unit portfolio, shares his wisdom about the importance of proactive asset management, being in alignment with your property management company, and facing the realities of real estate investment. Key Takeaways: Shift from Reactive to Proactive Management: Ivan highlights the critical importance of understanding how today's decisions impact the property's future, focusing on mitigating risks, and maximizing long-term profitability. The Business Mindset in Real Estate: Iven stresses that owning commercial real estate is not just about property ownership; it's about running a business. He dispels the myth that investing in real estate is a passive endeavor, highlighting the necessity of aligning ownership goals and involving property management companies as integral parts of the business strategy. Closing the Gap Between Expectations and Reality: Iven calls for transparency and realism in the industry, advocating for a more seamless transition from underwriting to property management. He believes in addressing misalignment in ownership teams, setting clear priorities, and ensuring all stakeholders have a deep understanding of the operational aspects of a property investment. Iven Vian | Real Estate Background Owner of Apartment Ninja Warriors Portfolio: 880 doors Based in: Oklahoma City, OK Say hi to him at: Facebook anthemcp.com Instagram Best Ever Book: Think and Grow Rich by Napoleon Hill Greatest Lesson: If you're doing this as a GP or operator, you have to approach real estate as a business and treat it like one. Check out Iven’s previous episode: 2702 - 4 Ways to Balance a Full-Time Job with Multifamily Investing Sponsors BV Captial BAM Capital
Released:
Dec 12, 2023
Format:
Podcast episode
Titles in the series (100)
JF 08: Insurance Expert Talks about Risky Investments: The term risky can be a bit vague when it comes to investing but not when you speak to an insurance expert. They underwrite based on historical performance of properties and the characteristics the property has. Listen now... by Best Real Estate Investing Advice Ever