April 30, 2024

#229: From Maintenance Tech to Owning/Operating 1,300 Units! Organically Growing an Vertically Integrated Multifamily Platform with Jered Sturm

52 minutes

Want to know the secrets behind a successful multifamily takeover process? Hey there, Multifamily Wealth Podcast listeners! I am thrilled to share with you our latest episode featuring Jered Sturm of SNS Capital Group. Jered is a seasoned investor with over 1,300 units under his belt, and his journey from a maintenance tech to a multifamily mogul is truly inspiring. With a background in construction and property management, Jered has organically grown his business over the last 15 years, focusing on operational excellence and efficiency.

In this episode, Jered dives into the tactical and operational side of asset management, construction, and property management in the multifamily industry. He shares insights on key performance indicators (KPIs) for maintenance techs and leasing agents, emphasizing the importance of aligning commissions with financial benefits. Jered also discusses the initial takeover process for multifamily assets and how the market changes have influenced asset management strategies in recent years.

Here are some highlights from the episode:

- How did Jered Sturm transition from single-family homes to multifamily and raise capital for his deals?
- What are the key KPIs Jered Sturm focuses on for maintenance techs and leasing agents to drive operational success?
- How does Jered Sturm approach the initial takeover process of a multifamily asset and ensure a unified approach within the team?
- What advice does Jered Sturm give for bringing construction in-house and optimizing efficiency in the renovation process?
- How has the asset management process changed for Jered Sturm's business in response to market shifts over the past few years?

Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

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Connect with Jered:
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Learn more about SNS Capital Group