Joining Gary on the show today is Break of Day Capital's Director of Asset Management, Tim Chui. With over a decade of experience in institutional real estate, Tim Chui has held senior roles at leading firms including JRK Properties, Essex Property Trust, and American Realty Advisors. He began his career analyzing equity and fixed income opportunities before moving into acquisitions, portfolio management, and asset management. Tim has overseen 54 multifamily assets across Southern California totaling more than 12,000 units and $5 billion in value, and has successfully navigated complex, over-leveraged portfolios through challenging market cycles. In today’s conversation, Tim shares what first drew him to the asset management space, the path that led him to his current role, and the skill set needed to excel in the field. He opens up about the toughest property he’s ever managed, the lessons learned, and his proudest accomplishments to date. They also dive into the tools and metrics that drive effective asset management, the industry’s evolving landscape, and where Tim believes the future of asset management is headed. Thanks for tuning in!
Key Points From This Episode:
• Introduction to today’s guest and topic of conversation.
• What first grabbed Tim’s interest in the asset management space.
• The path to becoming an asset manager.
• Tim breaks down the basic skillset required in asset management.
• He shares about the hardest property he’s ever had to asset manage.
• What he learned from his most challenging property.
• His biggest accomplishment so far, in the asset management space.
• Tim sheds light on some of the biggest challenges he faces.
• Asset management tools and resources Tim can’t live without.
• A typical day as an asset manager; from Tim’s perspective.
• What he hopes to achieve when visiting properties on a monthly basis.
• Key metrics he focuses on.
• Tim shares his thoughts on the changes he’s witness and where the industry is heading.
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At Break of Day Capital, we help investors cut through the noise in private real estate by offering clear, well-vetted opportunities to build stable, long-term wealth — no pressure, no hype, no guesswork. 🏡💼
Most people weren’t taught how to evaluate deals or vet sponsors — and that’s where we come in. We focus on education first:
✅ How we underwrite deals
⚠️ What risks we avoid
🏗️ What actually makes a deal worth investing in
When you're ready, we offer access to institutional-quality multifamily investments — deals we manage ourselves and invest in personally. 💸
👇 Explore our investor tools, webinars & education here:
🌐 https://breakofdaycapital.com/
🎧 Full podcast episodes:
https://breakofdaycapital.com/podcasts/
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🙏 Special thanks to our sponsor, Bromley Palamountain of Northwestern Mutual — helping professionals and business owners build financial plans that support long-term freedom. 💼📈
To book your complimentary consultation, click the link: https://www04.timetrade.com/app/nwmf/...
Website: https://www.northwesternmutual.com/fi...
Chapters:
00:00 Introduction, welcome, and guest overview
02:09 Pivoting to real estate
03:08 Recommended path and necessary skillset
04:10 Tim’s hardest property managed
05:20 Lessons learned: staffing and grit
07:00 Tim’s biggest asset management accomplishment
10:07 Current challenges in asset management
11:25 Overhyped tools versus must-have technology
13:20 A day in the life of an asset manager
16:00 Key asset management metrics
17:10 Changes and future trends in asset management
19:20 Wrap-up
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