RentViewer Blog
The Weekly Property Operations Meeting
I learn a lot from my customers, and I ask a lot of questions. One question I always ask is “How do you run your operations?” Many companies have a weekly property operations meeting. These meetings can be useful when the team has easy access to operational...
How to Analyze Leasing Velocity
Leasing Velocity is an important metric to forecast supply, generate leads, and convert the leads to leases at the right rents. Lets take a look at an example scenario. Company Profile A multifamily developer and operator managing a portfolio of over...
Entrata and Domo Dashboards
Entrata and Domo Dashboards If you use Entrata and want to be able to visualize your data in charts, you can build your own home-grown solution, or purchase a third-party product. There are two third-party options: Use Domo with its own Domo Entrata Connector Use...
Multifamily Leasing Funnel Metrics
The leasing funnel describes how well your company converts leads into leases. This conversation between a client and I illustrates the usefulness of knowing your leasing funnel metrics. This concept is explained by Neil Bawa in this PDF available at Multifamily...
Property management dashboard design guidelines
HOW TO DESIGN A DASHBOARD THAT WILL ACTUALLY GET USEDSome property management companies spend months building a single dashboard. And after the dashboard is published, it does not get used. I have seen it many times. Want to avoid this outcome? Here are property...
You want me to replicate an Excel report in Power BI?
Dashboard Project Success Factors In this post I will describe one critical dashboard project success factor; how to frame the reason for building the dashboard. At the start of every dashboard project, I listen for a few signals that can predict if the project is...
How to Calculate Cash on Cash Return
Here's a simple illustration for how to calculate cash-on-cash return for a real estate investment. RentViewer clients who invest their own cash in real estate are interested in knowing their cash-on-cash return. The key is to separate cash inflows and outflows from...
Real Estate Data Visualization
Your Property Management System contains valuable data that can tell you how your business is performing and where opportunities lie for doing even better. Running standard reports is a common way to look at the data and make meaning out of it. Some companies export...
Is There an ROI in Analytics?
Is there an ROI in Analytics? Within five minutes of meeting a prospective RentViewer customer, I can tell if they are going to see an ROI in analytics or not. Many companies reach out to me because they are tired of compiling data in Excel, or want to view data...
Four Stages for Effectively Utilizing Metrics
Think of any real estate operator that is doing very well. It is highly likely that they are using metrics very effectively to drive their business. However, not all companies are using metrics effectively. In this post I will describe the four stages of the journey...