EP 217: Mastering Multifamily Asset Management: Strategies for Success with Sandhya Seshadri

Sandhya Seshadri is an experienced general partner in all aspects of multifamily from broker relationships, underwriting, analysis and raising capital to close syndication deals without delays.

Sandhya is a hands-on Operator with a strong focus on asset management after the honeymoon is over to add value to the two different customers in apartment investing who are the Limited Partners as well as Multifamily residents.  Sandhya is invested in 4000+ doors with $140MM+ AUM.

In her former life, Sandhya used to actively trade stocks and she has worked for 12+ years at a Fortune 500 company in Dallas, managing $80M projects with budgets in excess of $28M.  Sandhya holds a BS and MS in Electrical Engineering as well as an MBA.  

LinkedIn : https://www.linkedin.com/in/engineered-capital?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app

Website: https://www.engineered-capital.com/

1. Diversify investments between real estate and the stock market, and maintain liquidity with at least six months of living expenses.

2. Being a generalist in multifamily syndication allows for a comprehensive understanding of the business and the ability to step into any role.

3. Asset management involves overseeing the strategic aspects of a property, such as underwriting, refinancing, and risk management.

4. Frequent visits to properties and strong relationships with onsite personnel ensure effective communication and a deep understanding of property performance.

5. The market is close to the bottom and prices are expected to go up in the next few years.

6. Look for bargains, such as properties with rents below market value.

7. Focus on delinquency management and customer satisfaction to build a community and achieve high retention rates.

8. Podcasts like the Best Ever Podcast and Old Capital are great resources for education in real estate investing.

9. Ask due diligence questions about past performance and how challenges have been overcome.

10. Invest in personal growth and mindset through resources like Tony Robbins, Ed Mylett, David Goggins, and Ryan Holiday.

11. Consider travel as a bucket list experience and use points to make it more affordable.

12. Diversify investments by putting money into liquid assets and multifamily deals with trusted operators.

Chapters

[00:00] Introduction and Background

[03:13] Diversifying Investments and Balancing Real Estate and the Stock Market

[08:15] The Benefits of Being a Generalist in Multifamily Syndication

[17:32] The Role of Asset Management in Strategic Property Oversight

[25:00] Building Strong Relationships and Understanding Property Performance

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at http://www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor