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Real Estate Asset Management 101

Justin Kivel

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

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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.

Enroll now

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

Syllabus

Introduction
Who This Course Is For
About The Instructor & This Course
Real Estate Asset Management 101 Key Terms
Read more
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

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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

Reading list

We've selected seven books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Real Estate Asset Management 101.
Useful reference for real estate investors and managers, and provides a comprehensive overview of the industry. It covers topics such as investment analysis, portfolio management, and risk management.
Provides a comprehensive overview of real estate finance and would be a useful reference for the course. It covers a variety of topics, including financial analysis, mortgage lending, and real estate investment trusts.
Popular textbook on real estate management. It would be helpful as a companion to the course due to its comprehensive and practical approach, including discussions of marketing, financial management, and legal issues.
Practical guide to real estate investment. It could be helpful to the course as a supplement, since it includes case studies in addition to advice and guidance.
Provides a practical guide to real estate investing. It would be helpful as a supplement to the course, since it includes case studies in addition to advice and guidance.
Provides a comprehensive overview of real estate market analysis and would be a useful reference for the course. It covers a wide range of topics, including market research, data analysis, and forecasting.
Provides a comprehensive overview of real estate market finance and would be a useful reference for the course. It covers a wide range of topics, including financing strategies, capital markets, and risk management.

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