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Fitness Checkup

Some property management companies are thriving. Others are struggling.

By focusing on the right metrics and processes, we help companies become fit, scalable, and positioned for long-term growth.

Call 248-601-6400

Broken processes lead to operational problems that cost human energy, money, and time.

Operational problems can cause a downward spiral that threatens the health of the business. Fixing your processes is the key to building a great work environment and a scalable business.

Sound Familiar?

Signs your portfolio needs a fitness check

These warning signs appear in almost every company we work with before they engage RentViewer. If more than two apply to you, a Fitness Check is overdue.

Revenue is flat despite high occupancy
Collections take up significant staff time every month
You rely on Excel exports to understand portfolio performance
Department heads use different numbers in meetings
Reporting takes days instead of minutes
You can't easily spot which properties are underperforming

What you get: The Fitness Plan

After reviewing the results of the Health Check, we will jointly create a customized Fitness Plan for your business. The plan will include the following:

Vision for the Business

A clear picture of where you are today vs. where you want to be in 2–3 years.

Metrics to Track

The specific KPIs — tailored to your portfolio type — that predict NOI months before it shows up on a report.

Targets

Quantified goals translated directly from your business plan into measurable performance benchmarks.

Processes to Improve or Fix

A prioritized list of the operational changes that will have the highest impact on your portfolio health.

Data to Collect

The data sources, fields, and integrations you need to measure what matters and automate reporting.

The Assessment

The RentViewer Fitness Model — Six Vital Areas

When you schedule the Property Management Fitness Check, we do an assessment of your business in these six key areas. Every Fitness Check covers all of them.

01

Lead Conversion

How effectively are inquiries becoming signed leases? We benchmark your conversion funnel and identify where prospects are falling off.

Fitness Score Metrics

  • ·# of Leads Generated
  • ·# of Appointments
  • ·# of Leases Signed
  • ·Total Marketing Expense (incl. payroll)
  • ·Total Leasing Expense (incl. commissions)
  • ·Cost per Lead
  • ·Cost Per Lease
  • ·Lead Conversion Ratio
02

Collection Efficiency

Delinquency is often hiding in the data long before it hits the income statement. We measure efficiency, aging trends, and recovery rates.

Fitness Score Metrics

  • ·Total Charges
  • ·Total Amount Collected
  • ·Total Amount Currently Outstanding
  • ·Bad Debt
  • ·% Collected by Due Date
  • ·% Outstanding Trend
  • ·A/R Aging
03

Income, Expense & Cashflow

We analyze your income and expense structure to surface inefficiencies, misclassified transactions, and variances eroding NOI.

Fitness Score Metrics

  • ·Total Operating Expenses
  • ·Total Operating Income
  • ·Total NOI
  • ·Cash on Cash Return
  • ·Marketing Exp / OpExp
  • ·Payroll / OpExp
  • ·OpExp / Rental Income
  • ·OpExp / Total Operating Income
  • ·Turnover Expense
04

Economic Occupancy

Physical occupancy and economic occupancy tell very different stories. We examine both and uncover the gap between units leased and income collected.

Fitness Score Metrics

  • ·Rental Income
  • ·Gross Potential Rent
  • ·Gain/Loss to Lease
  • ·Vacancy Loss
  • ·Physical Occupancy
05

Customer Service

Resident satisfaction drives renewals and reputation. We assess the processes and metrics that predict whether residents stay — or leave.

Fitness Score Metrics

  • ·# of Work Orders Created
  • ·# of Work Orders Closed
  • ·Total Expenses Related to Work Orders
  • ·Customer Satisfaction Rating
  • ·Average Online Review Score
  • ·Cost per Work Order
  • ·Revenue per Work Order
  • ·Vendor Management Expense
  • ·Customer Service Expenses
06

Customer Lifetime Value

Acquisition costs are meaningless without knowing what a resident is worth over time. We help you measure and optimize for long-term portfolio value.

Fitness Score Metrics

  • ·Average Length of Lease
  • ·Lease Renewal Ratio
  • ·Unit Turnover Expense
  • ·Total Income per Lease
  • ·Customer Acquisition Cost
  • ·Customer Churn Ratio
  • ·Net Promoter Score
  • ·Net Income Per Lease

If you are already tracking these metrics — congratulations! We wish you on-going success. If you are not tracking these metrics — 248-601-6400 or

Watch the Video

RentViewer Fitness Score

See how RentViewer evaluates your portfolio across the six vital areas and builds a clear path to improvement.

The Goal

Go from Reactive to Proactive

Most property management companies live in reactive mode — chasing problems after they appear. The Fitness Check shows you how to get ahead of them.

Four stages of using metrics — from reactive to proactive property management
FAQ

Frequently Asked Questions

If you are already looking at these metrics, that's great! If you want someone to help you maintain focus, or to automate data collection and calculation of the metrics — let us know.

Get Started

Find out if your business is fit — or at risk

Contact us to get pricing and get started with your Fitness Check.

248-601-6400saad@rentviewer.com

Custom pricing · No long-term commitment · Tailored to your portfolio