Use our real estate analytics dashboards and reports to drive NOI and long-term value
These RentViewer users are driving their business plans with good data and metrics
Seriously, is exporting to Excel and manually tracking numbers the right way to grow your portfolio?
Manual methods of compiling scorecards and reports are prone to error, and can do as much harm as good.
Use RentViewer to automate the data flow and visualize your metrics.
Use the power of charts and dashboards to operate smarter.
Common Problems That RentViewer can Solve
Important KPI and ratios are too hard to track
Does updating your weekly scorecard involve exporting 5 reports for 10 properties, and manually typing the numbers into the scorecard?
Many companies don’t track important ratios and KPIs because it is too time consuming to keep updating them.
RentViewer makes it easy to update your metrics so that each team member knows how they are doing.
Calculating something as important as Net Cash Flow takes hours
Imagine having to run reports for each property to look up operating income, operating expense, mortgage payments, replacement reserves and distributions.
And then entering numbers into a complicated Excel file with VLOOKUPS and external links.
There’s a simpler way with RentViewer. In fact, just one click.
Where are the proformas and deal underwriting assumptions? How do you know if the assets are performing according to plan?
Each time an investor or partner asks these questions, there is a scramble to find the right file and look up numbers.
RentViewer makes it easy to compare actuals to proformas and alternative underwriting scenarios.
Having to run reports each time there is a question
Questions like these come up all the time:
- Is the ad you paid for last month generating good traffic?
- Is the number of applications submitted so far less than last month?
- It’s the fifth day of the month … which properties have collections under 90%?
- How many move outs do we need to be ready for next week?
How long does it take to get the answers? And what about the follow-up questions to the first one? Use RentViewer to mine your data and have the answers ready.
Valuable data is stored complicated spreadsheets, thereby creating risk
Increases the chances of using the wrong file
Mistakes in formulas could perpetuate errors
Rolling up numbers for property groups is difficult
Our clients need to create groupings by fund, asset class, geography and more. They want to roll up the totals and averages. Doing this is harder for them than it sounds.
RentViewer simplifies all rollups and groupings.
Didn’t’ catch over/under budget income and expenses
The numbers are all there in the “Budget Comparison Report”. In fact, there are too many numbers and so the critical information doesn’t jump out.
Information that needs to be acted upon gets missed in the sea of rows and columns.
The Budget vs Actual review should be done with visual charts that highlight variances. RentViewer is visual.
Getting blindsided by surprises
Operating in fire-fighting mode gets tiring. Having to wait until month close to learn about problems that could have been prevented earlier is not a good place to be. Lack of useful, quality data is usually due to the effort it takes to run reports and compile the numbers.
RentViewer makes leading indicators visible and up-to-date so that you can be proactive.
HOW MUCH IS THIS COSTING YOU?
The cost of maintaining the status quo is much greater than the investment in better data and tools.
The status quo is costing you:
Limited growth potential
Wasted time that could be spent strategizing and improving processes
Paying for multiple “temporary” solutions to fill the gaps
Lack of agility and quick decision making
Making decisions without good data
What if you had a tool that could easily tell you if your occupancy, delinquency, NOI etc. are on or off target?
And it could easily show you patterns in late collections, over-budget unit turns, and leads that don’t convert?
THREE THINGS RENTVIEWER WILL HELP YOU DO
Stay on Plan
You have a business plan. You have objectives. You have targets.
Are you on track?
How much over or under goal is your cumulative NOI?
If you can’t easily get the answers to such questions, you need RentViewer.
- Automatically track variances between actual performance and the business plan targets
- Compare actuals with proformas and the original deal underwriting assumptions
Plug the Leaks
When leads don’t get converted to leases.
When rent goes uncollected for weeks.
When units stay vacant too long.
When unit turn takes too long and costs too much ….
You have a problem, The business is leaking time, money and your employees’ energy.
With RentViewer, you can …
See where every dollar is going (marketing, leasing, maintenance, overhead, collections, vacancy loss etc.),
Easily look at trends, ratios and benchmarks.
And decide how to drive better NOI
What if you found yourself in a cash flow crunch?
Or you started seeing negative online reviews?
Or vacancy was way more than you expected?
Or collections fell way below target?
These things don’t just happen.
You can see them coming if you have your ear to the ground.
RentViewer can help you.
RentViewer contains modules for:
- General Ledger analytics
- Box Score analytics,
- Service Ticket analytics
- Rent Roll analytics ..
… and more to help you find ways to improve outcomes and spend money wisely.
HOW IT WORKS
WHAT CUSTOMERS ARE SAYING
“Our corporate office now has KPIs displaying on monitors across our walls, and all employees can easily view their metrics as well as other team members’ metrics for radical transparency”
“Our ability to review our metrics across our portfolio including rent per unit type per building as well as lease end dates and turn over coming for our maintenance staff has greatly benefited from RentViewer”
WHY BOOK THE DEMO
The demo is designed to show you the nuts and bolts of RentViewer and provide you pricing information.
We will show you how the data and visualizations behind RentViewer will help you:
- Stay on plan
- Plug the leaks, and
- Protect the blindspots
However, the real benefit of RentViewer is that it gives you gives you peace of mind, helps you drive business with the headlights on and transforms work time from urgent to important matters.
So, we will close the meeting by asking if you think our claim about these benefits is realistic.