Are you tracking all of the property management key performance indicators (KPIs) you should be to keep your business thriving? You can't track what you don't measure. In this video, we'll walk you through 11 key metrics you should be keeping a close eye on.
And don't forget to check out the full article on our blog: https://bit.ly/42g932T
Links:
Buildium's Accounting Tools: https://bit.ly/3OJA5g7
Buildium's Insights and Analytics: https://bit.ly/45HBj1h
Buildium's Rent Roll Feature: https://bit.ly/45G1HsA
0:00 Intro
0:49 Revenue Growth
1:17 Properties Won vs. Properties Lost
2:30 Property Acquisition Costs
3:06 Occupancy and Vacancy Rates
3:54 Average Arrears
4:38 Tenant Turnover
5:15 RentReady Costs
5:37 Average DaystoLease
6:04 Net Income
6:34 Property Management Fees
7:06 Repair and Maintenance Costs