Anthony DeAugustine's guest appearances

Anthony DeAugustine

Passive Income Through Multifamily Real Estate

OwlTail

Bob Myers

Property managers are key players in getting the best deals for their investor clients. But it’s not only about the sale; there many are other ways that property managers help their sponsors maximize their earning potential on any given property. So, joining us today with some important advice on how to use property managers correctly is the Owner of Avant Garde, Anthony DeAugustine, and his Vice President, Bob Myers.  After gaining a sense of the properties that our guests manage, we learn about investor behaviors surrounding value adds, whether mid-century rentals will reach a point where big renovations are justified, and why the Phoenix housing market is not on its deathbed as portrayed by mainstream media and analysts. Then, we get into the meat of our conversation as Anthony and Bob explain how they help their clients with preliminary evaluations, why construction and renovation costs matter, what ‘loss to lease’ and ‘contract service’ means, and why you should always have a replacement reserve fund. We end our discussion by taking a deeper look at value adds for mid-century, 50-unit properties, and our guests share some incredible advice for how first-timers and investors who want to scale up should approach Avant Garde and other property managers. Key Points From This Episode:A warm welcome to the team from Avant Garde, Anthony DeAugustine and Bob Myers.The properties that Avant Garde manages and how the market has changed since last year.  Why investors are wary of taking on the value add risk with their exchange money. The vintage range of the properties that Avant Garde is currently managing. When (and if) rent for mid-century units will recover enough to accommodate big renovations.Why the Phoenix housing market is not doomed as the media paints it out to be. How Anthony and Bob help investor clients with their preliminary evaluations of properties.The importance of understanding the full scope of construction and renovation costs. Our guests define and then give examples of ‘loss to lease.’Listing everything that qualifies as a contract service, and how to right-size your expenses. Why you should always have a replacement reserve and where you should put the funds.  Advice for how to work with companies like Avant Garde when scaling up your investments. What the perfect amount of value adds look like for a 50-unit, mid-century property. Links Mentioned in Today’s Episode:Anthony DeAugustine on LinkedInAnthony DeAugustine EmailAnthony DeAugustine Phone Number: 602-741-8054Bob Myers on LinkedInBob Myers EmailBob Myers Phone Number: 602-501-8271Avant Garde VSV Fund IIVertical Street Ventures VSV Academy Passive Income Through Multifamily Real Estate Facebook Group Peter Pomeroy on LinkedInPeter Pomeroy Email

Property managers are key players in getting the best deals for their investor clients. But it’s not only about the sale; there many are other ways that property managers help their sponsors maximize their earning potential on any given property. So, joining us today with some important advice on how to use property managers correctly is the Owner of Avant Garde, Anthony DeAugustine, and his Vice President, Bob Myers.  After gaining a sense of the properties that our guests manage, we learn about investor behaviors surrounding value adds, whether mid-century rentals will reach a point where big renovations are justified, and why the Phoenix housing market is not on its deathbed as portrayed by mainstream media and analysts. Then, we get into the meat of our conversation as Anthony and Bob explain how they help their clients with preliminary evaluations, why construction and renovation costs matter, what ‘loss to lease’ and ‘contract service’ means, and why you should always have a replacement reserve fund. We end our discussion by taking a deeper look at value adds for mid-century, 50-unit properties, and our guests share some incredible advice for how first-timers and investors who want to scale up should approach Avant Garde and other property managers.  Key Points From This Episode:<ul><li>A warm welcome to the team from Avant Garde, Anthony DeAugustine and Bob Myers.</li><li>The properties that Avant Garde manages and how the market has changed since last year.  </li><li>Why investors are wary of taking on the value add risk with their exchange money. </li><li>The vintage range of the properties that Avant Garde is currently managing. </li><li>When (and if) rent for mid-century units will recover enough to accommodate big renovations.</li><li>Why the Phoenix housing market is not doomed as the media paints it out to be. </li><li>How Anthony and Bob help investor clients with their preliminary evaluations of properties.</li><li>The importance of understanding the full scope of construction and renovation costs. </li><li>Our guests define and then give examples of ‘loss to lease.’</li><li>Listing everything that qualifies as a contract service, and how to right-size your expenses. </li><li>Why you should always have a replacement reserve and where you should put the funds.  </li><li>Advice for how to work with companies like Avant Garde when scaling up your investments. </li><li>What the perfect amount of value adds look like for a 50-unit, mid-century property. </li></ul> Links Mentioned in Today’s Episode:<a href="https://www.linkedin.com/in/anthony-deaugustine-04700b16/" rel="nofollow" target="_blank">Anthony DeAugustine on LinkedIn</a><a href="mailto:anthony@avantgarderms.com">Anthony DeAugustine Email</a>Anthony DeAugustine Phone Number: <a>602-741-8054</a><a href="https://www.linkedin.com/in/bob-myers-3326a051/" rel="nofollow" target="_blank">Bob Myers on LinkedIn</a><a href="mailto:bob@avantgarderms.com">Bob Myers Email</a>Bob Myers Phone Number: <a>602-501-8271</a><a href="https://www.avantgarderms.com/" rel="nofollow" target="_blank">Avant Garde</a> <a href="https://verticalstreetventures.cashflowportal.com/offering/866bd587742248d88fc0cf98260a869d" rel="nofollow" target="_blank">VSV Fund II</a><a href="https://verticalstreetventures.com/" rel="nofollow" target="_blank">Vertical Street Ventures</a> <a href="https://vsvacademy.com/" rel="nofollow" target="_blank">VSV Academy</a> <a href="https://www.facebook.com/groups/2295439830526220/" rel="nofollow" target="_blank">Passive Income Through Multifamily Real Estate Facebook Group</a> <a href="https://www.linkedin.com/in/peterpomeroy" rel="nofollow" target="_blank">Peter Pomeroy on LinkedIn</a><a href="mailto:peter@verticalstreetventures.com">Peter Pomeroy Email</a>

Episode #299: How to Use Property Managers Correctly with Anthony DeAugustine & Bob Myers

Today’s episode is the second half of a two-part series on property management companies. In part two we’ll be focusing on smaller properties, namely ones that contain under 100 units. Here to help us unpack this fascinating topic is Anthony DeAugustine, the owner of Avant Garde, where he serves as president along with doing the hands-on work of being a designated broker. Tuning in you’ll hear Anthony give an overview of Avant Garde’s offers, how they help their clients invest, and learn how the needs of owners have shifted in response to macroeconomic trends. Anthony explains some of the trends he’s seen over the past few years, including how his clients have diversified their focus to include syndication. We also discuss how Avant Garde helps its clients break into the Phoenix market, how you should approach renovations to optimally drive traffic, and why you need to maintain and improve your customer service as you upgrade your property. For a deep dive into property management companies that focus on smaller properties, along with tons of useful advice, make sure you tune in today!Key Points From This Episode:Get to know today’s guest Anthony DeAugustine and his career journey.An overview of Avant Garde and the market that they operate in.Owning properties with fewer than 100 units and what clients are usually looking for.The types of owners that Avant Garde typically works with.How the needs of owners have shifted over the past few years. A summary of the range of properties that Anthony manages.The number of employment hours that owners can expect to invest in when they own 50-unit properties.How to structure your renovations to drive traffic and investment.Why syndicators need to bear customer service in mind when they are renovating their properties.How owners are reacting to the current economic climate.What services you can expect from Avant Garde.Why Avant Garde does their best to partner with investors early.Some of the most common issues that Anthony has seen due to supply chain disruptions.Why owning more than 20 units can help you persevere through broader economic instability.Links Mentioned in Today’s Episode:Avant GardePhone Avant Garde at 602-230-1510Anthony DeAugustine on LinkedInVertical Street VenturesPassive Income Through Multifamily Real Estate Facebook GroupPeter Pomeroy on LinkedInPeter Pomeroy Email

Today’s episode is the second half of a two-part series on property management companies. In part two we’ll be focusing on smaller properties, namely ones that contain under 100 units. Here to help us unpack this fascinating topic is Anthony DeAugustine, the owner of Avant Garde, where he serves as president along with doing the hands-on work of being a designated broker. Tuning in you’ll hear Anthony give an overview of Avant Garde’s offers, how they help their clients invest, and learn how the needs of owners have shifted in response to macroeconomic trends. Anthony explains some of the trends he’s seen over the past few years, including how his clients have diversified their focus to include syndication. We also discuss how Avant Garde helps its clients break into the Phoenix market, how you should approach renovations to optimally drive traffic, and why you need to maintain and improve your customer service as you upgrade your property. For a deep dive into property management companies that focus on smaller properties, along with tons of useful advice, make sure you tune in today! Key Points From This Episode:<ul><li>Get to know today’s guest Anthony DeAugustine and his career journey.</li><li>An overview of Avant Garde and the market that they operate in.</li><li>Owning properties with fewer than 100 units and what clients are usually looking for.</li><li>The types of owners that Avant Garde typically works with.</li><li>How the needs of owners have shifted over the past few years. </li><li>A summary of the range of properties that Anthony manages.</li><li>The number of employment hours that owners can expect to invest in when they own 50-unit properties.</li><li>How to structure your renovations to drive traffic and investment.</li><li>Why syndicators need to bear customer service in mind when they are renovating their properties.</li><li>How owners are reacting to the current economic climate.</li><li>What services you can expect from Avant Garde.</li><li>Why Avant Garde does their best to partner with investors early.</li><li>Some of the most common issues that Anthony has seen due to supply chain disruptions.</li><li>Why owning more than 20 units can help you persevere through broader economic instability.</li></ul> Links Mentioned in Today’s Episode:<a href="https://www.avantgarderms.com/" rel="nofollow" target="_blank">Avant Garde</a>Phone Avant Garde at 602-230-1510<a href="https://www.linkedin.com/in/anthony-deaugustine-04700b16/" rel="nofollow" target="_blank">Anthony DeAugustine on LinkedIn</a><a href="https://verticalstreetventures.com/" rel="nofollow" target="_blank">Vertical Street Ventures</a><a href="https://www.facebook.com/groups/2295439830526220/" rel="nofollow" target="_blank">Passive Income Through Multifamily Real Estate Facebook Group</a><a href="https://www.linkedin.com/in/peterpomeroy" rel="nofollow" target="_blank">Peter Pomeroy on LinkedIn</a><a href="mailto:peter@northlightgrowth.com">Peter Pomeroy Email</a>