Tips to Be a Best in Class Asset Manager with Gary Lipsky, Ep. 632
Gary Lipsky is a Multifamily Syndicator who has done over ¼ billion in real estate transactions. He is the President of Break of Day Capital, is the host of the Real Estate Investor Podcast and best-selling author of Best In Class, the ground breaking book on asset management. Break of Day was voted the #1 syndication company in the US by AAOA and was recognized as the 25th fastest growing real estate company by Inc. Magazine. As a successful entrepreneur, Gary has built several companies, co-produced 3 independent films and started a non-profit. In this episode, we talked to Gary about his success in property revenue growth, his book, education regarding investment, common mistakes investors make, operating a property management business, asset management and how is it different than property management, and much more. Announcement: Learn about our Apartment Investing Mastermind here. Asset Management; 02:20 Gary's background; 07:39 His success in property revenue growth; 11:39 An insight into Gary's book; 14:33 The methods of education for investment; 16:40 Common mistakes investors are making; 20:25 Tips on operating the property management business; 22:25 Property management vs. asset management; 25:29 Round of insights Announcement: Download our Sample Deal package here. Round of Insights Apparent Failure: Not being busy with something he was passionate about before his current business endeavors began. Digital Resource: Google Drive. Most Recommended Book: Crucial Conversations. Daily Habit: Waking up early and exercising. #1 Insight for being the best in class asset manager: Being persistent and consistent in solving issues and following up with your assets on time. Best place to grab a bite in Manhattan Beach: Barsha. Contact Gary: Website: https://breakofdaycapital.com/ Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.