10 questions. 2 minutes. Where does your asset management leak?
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I check rents against comps every week and change prices on purpose.
I know which leases expire in the next 90 days and the plan for each one.
I know delinquency by property this week, and my manager follows a written escalation schedule.
Each of my managers sends one weekly report with the same numbers every time.
My managers have written targets for occupancy, delinquency and turn time, and we review them every month.
I know days vacant and cost per lease for each property.
I have a 12-month capex and preventive maintenance plan for each property.
I track other income (parking, laundry, storage, bill-backs) and have tested ways to grow it.
I compare budget to actual every month, and the manager explains each variance.
My investors or partners get a clear update every quarter that I wrote or approved.
Common questions
Who is this scorecard for?
Owners, sponsors and investors who hire property managers and want to know whether their asset management is tight. It works for one building or a portfolio.
What do the ten questions cover?
Pricing, renewals, collections, reporting, manager accountability, leasing cost, capex, other income, budget variance and investor updates. Each "No" is a gap worth fixing.
What happens after I enter my email?
You see your score and your gaps right away. You also join the weekly operator note, where each issue starts with a gap that costs owners real money. You can unsubscribe in one click.
Informational only. Not an offer to sell or a solicitation to buy any security, and not investment, legal, or tax advice.