Property Budgets & Finance: Ruff Math Made Easy
Individual link will be in confirmation email
Event Details
Property Budgets & Finance: Ruff Math Made Easy
March 25 | 10am-11am | ZOOM
Property management is more than operations, it’s an investment strategy. When we approach our work with this mindset, we not only elevate residents’ experiences but also deliver stronger results for owners, investors, and our teams. This session equips attendees with a clear understanding of key performance metrics and financial calculations that drive success. Participants will learn to interpret and apply common terms, reports, and formulas to communicate effectively, align with organizational goals, and make data-driven decisions. Attendees will gain practical insight into occupancy metrics, the structure and purpose of operating and cash flow statements, and how day-to-day decisions impact both NOI and overall property value.
Takeaways:
- Occupancy Related Terms & Calculations
- Understand key occupancy terms used in property management
- Learn to differentiate and calculate both Physical Occupancy and Economic Occupancy
- Financial Terms, Calculations & Statements
- Gain familiarity with essential financial terminology
- Understand the structure and purpose of Operating Statements and Cash Flow Statements
- Investment Terms & Calculations
- Understand and calculate the interplay between Cap Rates, NOI, and property values to reveal the impact of every dollar added to or subtracted from NOI
- Prepare for budgeting by learning ROI and Payback Period calculations
This class qualifies for NAA continuing education credits needed for credential renewals.
Registration
Member | FREE
Non Member | $30.00
*For more information about membership, click HERE.
For More Information:
SPEAKER
Victoria Cowart
CPM, NAAEI Faculty
Victoria Cowart, CPM, NAAEI Faculty, is the Vice President of Education at PetScreening. Previously, she was a direct property management industry member with extensive experience providing management and oversight for a mix of portfolios, including apartment communities, manufactured housing communities, and HOAs.
Cowart helped launch the Charleston Apartment Association, served as its president, and then became the president of the South Carolina Apartment Association and an NAA regional vice president. She has chaired four NAA committees, most recently the 2021 Legislative Committee.
Cowart was recently inducted into the South Carolina Apartment Association Hall of Fame. She is a passionate advocate for industry education, pets, and assistance animals.
Cowart has a degree in the management of human resources, holds her CPM from IREM, has been certified as a Fair Housing Specialist by the National Center for Housing Management, and has been certified as an Adult Mental Health First Aid Instructor by the National Council for Mental Wellbeing.
AMA Policy: No changes, refunds, or cancellations will be permitted within 10 days of an event for attendee registrations and within 30 days for sponsorships. Dates and prices subject to change. Registration via e-mail constitutes acknowledgment of terms and conditions.