Magical Math for Property Management

Magical Math for Property Management!

Property management is an investment exercise. By performing our management tasks with this in mind, we can enhance the quality of the lives of our residents, serve our owners, investors, company and teammates. Understanding performance metrics and calculations is key to accomplishing this. Gaining an understanding of common terms, statements, and calculations will help attendees communicate better, understand and realize goals, and understand the true dollar value of every team member’s contributions.

Outline:

• Occupancy Related Terms & Calculations

  • Occupancy, Vacancy & Economic Occupancy

• Financial Terms, Calculations & Statements

  • Operating & Cash Flow Statements

• Investment Terms & Calculations

  • Cap Rate, ROI & Payback Period

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