Best Practices to Manage Properties, Construction, and Assets with Julie Blank, Ep 544

With over 20 years of multifamily management and investment consulting experience, Julie leads NSE’s corporate operations as well as multifamily operations, including capital projects and asset management in the Western U.S.  Additionally, she has oversight responsibilities of NSE’s regional operations teams, human resources, and investor relations efforts. She provides real estate expertise to multifamily investors, owners, developers, and operators of income-producing properties. Julie is a reputable leader and strategic thinker with a proactive approach to business and solutions. She holds her real estate salesperson license in California and is a Certified Public Accountant (inactive).

Julie is also the Founder and President of Point Blank Consulting providing advisory services including asset management, financial and operational management, and capital business plan formation to multifamily real estate owners, operators, and developers.  Additionally, Julie is a Co-Founder and Partner of BlankWolffCord, LLC providing pre- & post-audit reviews for universities, colleges, and other educational institutions.

In this episode we talked to Julie about her insights on effective operations, key considerations for investors, construction management and asset management, navigating the real estate industry, and much more.

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Real Estate Expertise in Property Management, Construction and Asset Management;

02:17 Julie’s background;

04:16 From public accounting to the real estate industry;

07:56 How to be an effective operator;

09:43 What an investor should ask a property management company;

10:40 Best practices for construction management;

13:38 An insight into managing construction timelines;

18:34 Who is the main project coordinator for efficiency;

20:06 What it takes to be a great asset manager;

22:11 Challenges in managing properties;

25:58 Round of insights;

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Round of Insights

Apparent Failure: Not getting buy-in from the employees and the team early on.

Digital Resource: LinkedIn

Most Recommended Book: The Bible

Daily Habit: Spending 2-3 hours every morning in silence and solitude.

#1 Insight for Asset Management: Consistency, knowledge, collaboration, and buy-in.

Best Place to Grab a Bite: Home.

Contact Julie:

jblank@newstandardequities.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.