Winning at Asset Management, with Sandhya Seshadri
Manage episode 426761390 series 3342963
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Our guest today is Sandhya Seshadri a syndicator and asset manager. In this episode, we delve into the intricacies of asset management. We explore Sandhya’s journey from the corporate world to real estate investing, key considerations for passive investors, and strategies for overcoming challenges while executing a business plan.
Learn more about Sandhya and her story at creclarity.com!
“You want to understand your team. You have millions of dollars of other people's money on the line depending on a motivated team on-site to execute for you.”
02:22
Sandhya built a successful corporate career in engineering as a project manager. Initially, she began investing in the stock market for tax advantages on capital gains. However, she quickly discovered that real estate offered a better path to diversification.
During her corporate career, Sandhya gained many valuable skills. She is comfortable with spreadsheets, making her a strong underwriter. Additionally, she learned how to manage large projects and think critically.
“If you have negative cash flow in your deal, recognize it, face it, and find a way to deal with it.”
09:33
At the beginning of her real estate journey, Sandhya chose passive investing in multifamily properties to learn. She emphasizes two critical factors for passive investors to screen: the sponsorship team and the location.
Currently, Sandhya focuses on asset management. She highlights the importance of collaboration between the underwriter and the asset manager, especially when it comes to the numbers. Asset managers should also always prioritize the investors.
Sandhya shares her insights on navigating challenges when executing a business plan:
Expenses are increasing across the board. Be conservative with your underwriting to ensure your deals remain net cash positive.
If you’re in a continuous negative cash flow, go onsite, address occupancy issues, and review all metrics to develop a plan.
At the end of the conversation, Sandhya shares one point of clarity with the listeners - Never give up, never surrender. There is always a path forward. Someone else has faced the same challenges you are facing.
About our Guest, Sandhya Seshadri
Sandhya is the founder of Engineered Capital.
While she worked in corporate, she saw firsthand how people dedicate so much of themselves to work, while simultaneously missing out on crucial opportunities to protect and grow their wealth.
That’s why she loves spreading knowledge about the power of passive investments in multifamily real estate.
You get to leverage her knowledge and experience in management, versatility, and metrics-focused investment decisions, so you too can do what it takes to take control of your financial future and build a legacy for your family.
Mentioned in the show:
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Special thanks to Sandhya Seshadri for taking the time to share so many great insights with us If you enjoyed this podcast, there’s a couple of things we need you to do right now:
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Until the next time, We truly appreciate you listening.
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