Real Estate Asset Management 101 from Udemy

Thinking about a career in real estate asset management, or looking to manage your own real estate deals more effectively?

If you're looking to land a job in real estate asset management, either as a real estate asset manager or an asset management analyst, there are a lot of things you're going to be expected to do from day one on the job. And if you're managing your own deals, the responsibility falls on you to make sure you achieve your desired returns and your real estate deals end up being profitable.

Having asset managed over This course was created to take what I've learned and teach you what you need to know to be successful as a real estate asset management professional, and how to asset manage a real estate deal from acquisition, through ownership, all the way to the sale of the property.

By the end of this course, you'll know:

The three main goals of real estate asset management (and how to achieve each one)
How to manage a real estate acquisition as an asset manager and what you'll need to do in order to make each acquisition a success
The 8 biggest commercial real estate lease negotiation points (and how to successfully navigate each one)
How to run asset management financial analysis including:
- Lease Analysis
- Hold/Sell Analysis
- Scenario Analysis
- Next-Buyer Analysis
How to create a budget and the five main projections you need to make
How to create attractive, professional investor reports (with downloadable examples)
How to run the sale of a property as an asset manager to maximize the value of your investment
What you need to do in order to land a lucrative job in real estate asset management, and what you'll actually do on a day-to-day basis

Here's what some of our students have had to say:

"I found an awesome opportunity working for an asset management company and I took this course before starting my position. I was able to run circles around some of the other junior analyst at the firm. I attribute that success almost entirely to this course. To anyone who decides to take this course Id highly suggest learning the hotkeys Justin teaches. It makes you extremely efficient and will impress others at your firm."

"Great introduction into Asset Mgmt. This gave language to what I thought, but needed confirmed. Thanks for creating this course. Users will get the most out of this course if they have property mgmt experience and/or firm grasp of investment real estate terminology."

"Justin Kivel's courses are the best. He is very professional and exhaustive, and learning material is organized in the most useful way."

"I have just started a position as an Asset Manager, and this is helping me understand what all my job duties are and what I need to be more focused on."

If you're looking to land a job in asset management, or if you're managing your own deals and want to make sure you're doing things the right way, this course will help you get there quickly and efficiently.

If you're ready to advance your real estate asset management career and manage more profitable real estate deals, I'd love to have you join us. Click the enroll button and I'll see you on the inside of the course.

What's inside

Learning objectives

How to analyze real estate deals in your portfolio to maximize profits and returns
The three main goals of asset management (& how to achieve each one)
How to launch a lucrative career as a real estate asset management professional

The eight biggest commercial real estate lease negotiation points and how to navigate each successfully
How to create a dynamic annual budget in excel, and the five key projections you need to make
How to create informative, helpful quarterly and annual reports that keep investors happy and coming back for more deals

How to analyze real estate deals in your portfolio to maximize profits and returns
The three main goals of asset management (& how to achieve each one)
How to launch a lucrative career as a real estate asset management professional
The eight biggest commercial real estate lease negotiation points and how to navigate each successfully
How to create a dynamic annual budget in excel, and the five key projections you need to make
How to create informative, helpful quarterly and annual reports that keep investors happy and coming back for more deals

Syllabus

Introduction

Who This Course Is For

About The Instructor & This Course

Real Estate Asset Management 101 Key Terms

Resource Vault

Disclaimer

Students will learn what asset management is and how asset managers are involved with real estate investments throughout the property acquisition cycle.

Portfolio vs. Asset vs. Property Management

Portfolio Management

Asset Management

Property Management

Asset Management Overview

Multifamily vs. Retail/Office/Industrial AM

Students will learn the three main goals of real estate asset management in this Section.

AM Big Goal #1

AM Big Goal #2

AM Big Goal #3

The Three Pillars of AM & How This Course Is Structured

Students will learn what asset managers do during the acquisition of a property.

Property Identification

Due Diligence Assistance

AM Takeover Upon Acquisition

Students will learn what asset managers do during the ownership of a property.

Asset Manager Responsibilities Overview

Commercial Leasing

Re-Leasing Analysis - Excel Exercise

Negotiating Rent & Scheduled Escalations

Annual Increases vs. Periodic Increases - Excel Exercise

How To Negotiate Expense Reimbursements

Reimbursement Structures - Excel Analysis

Risks & Upside of Long Lease Terms

Should You Offer TI Allowances?

How Free Rent Can Increase Sale Value

Percentage Rent & Excel Exercise

How To Use Options To Renew

How To Guarantee Tenant Rent

How To Run A Hold-Sell Analysis

How To Run A Best-Base-Weak Case Analysis

How To Run A Next Buyer Analysis

Managing Property Managers & Leasing Agents

The Weekly Leasing Report

Third-Party Contract Negotiation & Construction Management

The Budgeting Process - Projecting Rents

Expense Budgeting

Projecting Major Maintenance Costs

Projecting Major Renovation Expenses

Budgeting For Investor Distributions

The Budget Model - Walk-Through

Investor Reporting

Quarterly Report Walk-Through

High-Level Asset Management Planning

Students will learn the asset manager's role in the exit of a real estate investment.

The Three Main CRE Exit Strategies

Exit Strategy #1

Exit Strategy #2

Exit Strategy #3

What An Asset Manager Does During The Sale

How To Prepare A Property For Sale

How To Manage The BOV Process

How To Perform A Buyer Interview (& How To Choose One)

Coordinate Due Diligence & Transfers

Students will learn the different asset management career paths and compensation structures in this Section.

The Asset Management Career Path

Asset Management Compensation (With Details)

Asset Management Career Benefits

What A Multifamily Asset Manager Actually Does

What A Commercial Asset Manager Actually Does

What A Commercial Asset Management Analyst Actually Does

What A Multifamily Asset Management Analyst Actually Does

Students will learn how to use this information they've learned in the course in this Section.

How To Use This Information & Where To Go From Here

Bonus Lecture

Bonus Lecture - The Next Step

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Suitable for both students looking for a career in real estate asset management as well as self-managing investors seeking to boost profitability

Designed to advance real estate asset management careers and improve profitability

Covers fundamental principles and key responsibilities of real estate asset management from start to finish of a property investment cycle

Provides practical guidance on real estate acquisition, ownership, and exit strategies

Offers valuable insights into asset management financial analysis, including lease analysis and investor reporting

Shares success stories and positive feedback from previous students, highlighting the course's effectiveness

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Real Estate Asset Management 101 with these activities:

Review Excel Financial Modeling

Show steps

Refreshing your Excel financial modeling skills will enhance your comfort level with the financial modeling work required for real estate asset management.

Browse courses on Excel

Show steps

Identify and review tutorials on Excel financial modeling
Open a blank Excel workbook and practice building out a simple financial model

Review Real Estate Investment Analysis

Show steps

By reviewing and building on your knowledge of how to analyze real estate investments, you'll be more prepared to hit the ground running and to apply what you learn in this course.

Show steps

Identify and review core concepts of real estate investment analysis including cash flow, internal rate of return (IRR), and net present value (NPV)
Identify and review a variety of income producing commercial real estate investment property types and compare and contrast the methods for evaluating each type
Identify and review different market analysis methodologies used in real estate including: demographic, economic, and highest and best use analysis

Walkthrough of Real Estate Investment Analysis Excel Model

Show steps

Engaging with a walkthrough of a real estate investment analysis Excel model will increase your proficiency and speed up how quickly you can make use of what you're learning in this course.

Show steps

Locate a real estate investment analysis Excel model template online
Enter inputs into the model including: purchase price, operating expenses, financing terms, and exit assumptions
Review the model's outputs including: cash flow, IRR, and NPV

Four other activities

Expand to see all activities and additional details

Show all seven activities

Negotiation Role Play

Show steps

Engaging in practice role play will elevate your negotiation skills and enhance your ability to apply what you're learning in this course.

Show steps

Identify a willing role play partner
Develop a negotiation scenario including: the deal terms, the interests of each party, and the desired outcome
Role play the negotiation scenario and identify areas for improvement

Develop a Real Estate Investment Analysis Report

Show steps

Creating a real estate investment analysis report will both solidify what you're learning in this course and provide you with a sample of work you can use for your portfolio when you begin applying for real estate asset management jobs.

Show steps

Identify a real estate investment property
Conduct market research and financial analysis
Write an executive summary, market analysis, and financial analysis
Present your findings and recommendations in a clear and concise manner

Mentor a Junior Real Estate Asset Management Analyst

Show steps

Mentoring others is an excellent way to reinforce your learning and solidify your knowledge of real estate asset management.

Show steps

Identify a willing mentee
Develop a mentorship plan
Meet with your mentee regularly to provide guidance

Contribute to Open Source Real Estate Software Projects

Show steps

Contributing to open source real estate software projects is a great way to develop your programming skills and learn from other real estate professionals.

Browse courses on Software Development

Show steps

Identify and review a list of open source real estate software projects
Select a project that aligns with your interests and skills
Contribute to the project by fixing bugs, adding features, or improving documentation

Career center

Learners who complete Real Estate Asset Management 101 will develop knowledge and skills that may be useful to these careers:

Asset Management Analyst

An Asset Management Analyst provides support to Real Estate Asset Managers by conducting financial analysis, preparing reports, and assisting with due diligence. This course will provide you with the analytical skills and knowledge of real estate finance necessary to succeed as an Asset Management Analyst. You will learn how to analyze lease agreements, prepare financial projections, and create investor presentations.

See salaries and explore the career path for Asset Management Analyst

Real Estate Asset Manager

A Real Estate Asset Manager is a professional responsible for managing real estate assets on behalf of investors or owners. They oversee all aspects of the property's operation, including financial planning, leasing, maintenance, and renovations. This course provides a comprehensive overview of real estate asset management, covering topics such as acquisition, leasing, budgeting, reporting, and exit strategies. By taking this course, you will gain the knowledge and skills necessary to succeed as a Real Estate Asset Manager.

See salaries and explore the career path for Real Estate Asset Manager

Real Estate Investment Analyst

A Real Estate Investment Analyst evaluates and recommends real estate investments for clients. They analyze market data, perform financial modeling, and conduct due diligence on potential investments. This course will provide you with the analytical and financial skills necessary to succeed as a Real Estate Investment Analyst. You will learn how to analyze real estate markets, perform financial modeling, and evaluate investment opportunities.

See salaries and explore the career path for Real Estate Investment Analyst

Property Manager

A Property Manager is responsible for the day-to-day operations of a property, including rent collection, maintenance, and tenant relations. This course will provide you with the practical knowledge and skills necessary to succeed as a Property Manager. You will learn how to manage tenant relationships, handle maintenance issues, and prepare financial reports.

See salaries and explore the career path for Property Manager

Real Estate Appraiser

A Real Estate Appraiser determines the value of real estate properties for various purposes, such as mortgages, insurance, and tax assessments. This course will provide you with the knowledge and skills necessary to succeed as a Real Estate Appraiser. You will learn about real estate valuation techniques, market analysis, and report writing.

See salaries and explore the career path for Real Estate Appraiser

Commercial Real Estate Agent

A Commercial Real Estate Agent specializes in the sale and lease of commercial properties. This course will provide you with the knowledge and skills necessary to succeed as a Commercial Real Estate Agent. You will learn about commercial real estate markets, lease negotiation, and property valuation.

See salaries and explore the career path for Commercial Real Estate Agent

Real Estate Broker

A Real Estate Broker is a licensed professional who assists clients in buying, selling, or leasing real estate. This course will provide you with the knowledge and skills necessary to succeed as a Real Estate Broker. You will learn about real estate law, market analysis, and negotiation techniques.

See salaries and explore the career path for Real Estate Broker

Real Estate Developer

A Real Estate Developer acquires, develops, and manages real estate projects. This course will provide you with the knowledge and skills necessary to succeed as a Real Estate Developer. You will learn about real estate finance, market analysis, and construction management.

See salaries and explore the career path for Real Estate Developer

Real Estate Investment Banker

A Real Estate Investment Banker provides financial advice and services to real estate companies and investors. This course will provide you with the knowledge and skills necessary to succeed as a Real Estate Investment Banker. You will learn about real estate finance, capital markets, and mergers and acquisitions.

See salaries and explore the career path for Real Estate Investment Banker

Real Estate Lawyer

A Real Estate Lawyer specializes in the legal aspects of real estate transactions. This course may be useful for those interested in pursuing a career as a Real Estate Lawyer. You will learn about real estate law, contracts, and property disputes.

See salaries and explore the career path for Real Estate Lawyer

Mortgage Loan Officer

A Mortgage Loan Officer originates and processes mortgage loans for homebuyers. This course may be useful for those interested in pursuing a career as a Mortgage Loan Officer. You will learn about mortgage lending, underwriting, and closing.

See salaries and explore the career path for Mortgage Loan Officer

Construction Manager

A Construction Manager oversees the construction of buildings and other structures. This course may be useful for those interested in pursuing a career as a Construction Manager. You will learn about construction management, project planning, and cost control.

See salaries and explore the career path for Construction Manager

Urban Planner

An Urban Planner develops and implements plans for the use and development of land in urban areas. This course may be useful for those interested in pursuing a career as an Urban Planner. You will learn about land use planning, zoning, and environmental impact assessment.

See salaries and explore the career path for Urban Planner

Real Estate Economist

A Real Estate Economist studies the economic factors that affect the real estate market. This course may be useful for those interested in pursuing a career as a Real Estate Economist. You will learn about real estate economics, market analysis, and forecasting.

See salaries and explore the career path for Real Estate Economist

Real Estate Consultant

A Real Estate Consultant provides advice and services to real estate companies and investors. This course may be useful for those interested in pursuing a career as a Real Estate Consultant. You will learn about real estate consulting, market analysis, and feasibility studies.

See salaries and explore the career path for Real Estate Consultant

Real Estate Asset Management 101

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What's inside

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Syllabus

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Activities

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