Understanding Variation in Property Management Processes
Before you get too deep in to charts and data visualizations, let’s talk about the concept of variation. Understanding variation is essential for building processes and systems on which you can scale your property management operations. Once you have succeeded at...
Eleven things that make a property management business scalable
Some of my clients who are operating their properties have hit a plateau. They have access to capital, they know where acquisition opportunities are, but they are so mired in property management that their goals for growing their portfolios are on hold. In their...
Property-Management-Metrics-That-Predict-Future
When you are looking at P&Ls or balance sheets, you are looking at history. A P&L tells you what happened last month. It is not telling you what is likely to happen next month. And relying too much on historical information is risky! When you work with me, we...
“Data Driven” Definition
Let’s illustrate the meaning of “data driven” with an example. Here’s a simple question, and two different responses to the same question: Question: “How is the marketing campaign going?” Response #1: “It’s going...Download the Metrics Handbook
The Property Management Metrics Handbook is a source for metrics you might want to use for measuring the performance of your business.
