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11 Key Performance Metrics Every Property Manager NEEDS to Track

2.0K views· 24 likes· 8:34· May 31, 2023

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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 Rent-Ready Costs 5:37 Average Days-to-Lease 6:04 Net Income 6:34 Property Management Fees 7:06 Repair and Maintenance Costs

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