Omar Khan is the Founder and CEO of Boardwalk Wealth, and he’s talking to us today on Real Estate Investing for Medical Professionals about asset management – one of the most overlooked, undervalued components of property syndication.
Omar has advised on $3.7 billion in capital financing. His investment experience across real estate and commodities shines through in this insightful conversation with Viking Capital’s Colm McEvilly as he expresses the importance of understanding the fundamentals of asset management and seeing tenants as satisfied residents of a community.
Nuance is critical to Omar’s understanding of asset management as he explains why it’s not just one key metric that needs consideration when weighing up the pros and cons of any deal. For example, is it worth pushing up the price of parking on your property if that causes a 20% decrease in occupancy? How you weigh the little things up against each other and how you pay the people you work with well – and treat them with respect – are all covered by Omar in this episode.
More importantly, he illuminates our understanding of what asset management is by asking us to reflect on what we consider assets to begin with. This is a masterclass in human relations with some practical tips on seeing your property as a valuable asset that needs to be managed with clinical oversight and attention to detail.
Connect with Omar Khan:
- Website – www.boardwalkwealth.com
Connect with Ravi Gupta:
- LinkedIn – https://www.linkedin.com/in/ravi-gupta-md-a23677107
- Email – [email protected]
“Banish – literally banish – the word ‘tenant’ from your vocabulary.” ~ Omar Khan
