Sun, 25 August 2024
JF3643: Growing a $65M Multifamily Portfolio, Reducing Costs with In-House Teams, and Overseeing Property Management for Maximum Returns ft. Aman Singh
Aman Singh, the managing partner of Victory Multifamily, shares his background in multifamily real estate and his journey from single-family homes to multifamily properties. He discusses the importance of being hands-on and involved in the day-to-day operations of the properties, including overseeing property management and expenses. Aman also talks about the business plan for his multifamily portfolio, which focuses on increasing NOI through unit upgrades, utility billbacks, and other income sources. He emphasizes the need for solid debt structures and proper systems and processes to ensure the success of the business plan. Aman also addresses the challenges of increasing payroll expenses and shares strategies for mitigating those costs. Aman Singh | Real Estate Background
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