Property management profitability: How to calculate, track, and boost KPIs
Persistent economic challenges have had a major impact on property management profitability. Raising rents and cutting costs may seem like a quick fix, but both can stall long-term growth. Instead, optimize for profitability by looking at six KPIs that can boost your business, and measure them against ProfitCoach’s industry benchmarks.
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Topics covered in this guide
Measure key KPIs
Get industry benchmarks
Boost your profitability
“By streamlining processes, it’s easy to do more in the same amount of time. We have three property managers meeting with seven to ten new homeowners per week and achieving a 90% conversion rate.”
Jacqui Luberto, Owner
ONE Family Property Services, 235+ units