In this episode, Angel sits down with Greg Scully to unpack what asset management really looks like behind the scenes. From apartments to RV parks, accrual versus cash accounting, and the reality of property management, this conversation dives into the unglamorous but critical work that keeps real estate investments alive and growing. It is an honest look at the many layers of ownership, partnerships, and finding the lane that fits your strengths.
Topics Covered
- What asset management actually involves day to day
- The difference between cash basis and accrual accounting and why it matters
- Managing apartments versus RV parks
- When it makes sense to self manage versus hiring a property management company
- The importance of scale in property management efficiency
- Thinking in ranges instead of exact numbers when underwriting deals
- Why spreadsheets cannot predict real life problems
- The hidden work behind investor updates and reports
- Different roles within a real estate partnership
- Why every role in real estate is hard in its own way
- Finding your niche and building around your strengths
- The reality behind the freedom real estate can provide
Quotes from the Episode
- "Everything in this business is hard, just different kinds of hard"
- "You have to find your spot, find your lane, and buckle into it"
Connect with Angel: https://www.linkedin.com/in/angel-williams-re/
Connect with Greg : https://www.linkedin.com/in/gregjscully/
