How to Measure NOI in Manufactured Housing Communities A client called me a few months ago, somewhat frustrated. He wanted to talk about a portfolio of about 800 lots across three parks in the Southeast. The portfolio looked fine on paper – rents were...
As a property management company owner, understanding labor efficiency ratios can help you unlock ideas for making operational improvements. If you’re inspired by the DLER (Direct Labor Efficiency Ratio) and MLER (Management Labor Efficiency Ratio) concepts...
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...
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...
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...
Real Estate Asset Management Maturity: Assessing and Enhancing GP Performance The Asset Management Maturity Model is a framework for real estate investors to gauge how efficiently the General Partners are running their businesses, and if they are likely to deliver the...
