Magical Math for Property Management

Property management is an investment exercise. By performing our management tasks with this in mind, we can enhance the quality of the lives of our residents, serve our owners, investors, company and teammates. Understanding performance metrics and calculations is key to accomplishing this. Gaining an understanding of common terms, statements, and calculations will help attendees communicate better, understand and realize goals, and understand the true dollar value of every team member’s contributions.

Outline:

• Occupancy Related Terms & Calculations

  • Occupancy, Vacancy & Economic Occupancy

• Financial Terms, Calculations & Statements

  • Operating & Cash Flow Statements

• Investment Terms & Calculations

  • Cap Rate, ROI & Payback Period

ABOUT THE SPEAKER

About The Speaker

Victoria Cowart, CPM, NAAEI Faculty, is the Director of Education & Outreach for PetScreening. Previously, she was a direct multi-family industry member with extensive experience providing management and oversight for multifamily housing communities (conventional & subsidized), mobile home communities, and HOAs. She is a property management instructor and a proud graduate of both the NAAEI Advance Facilitator Training and the NAA Lyceum Program.

Victoria obtained her degree in the Management of human resources and then her industry CPM designation. She was honored to be commissioned a SC “Palmetto Patriot,” to receive the Charleston Regional Business Journal’s Executive “Influential Women In Business,” and the NAA AIMS Grassroots Member Advocate of the year. She has served the industry as President of both the local and state affiliates as well as having served as a Regional VP for Region IV for NAA. Victoria has chaired four Committees for NAA, most recently as the 2021 Legislative Chair. 

Victoria is passionate about education, simplification and creating ease and understanding for industry members. Victoria is a wife, mother and a proud PetScreening pack member who also leads her own “pride” of three pound-kitties.