by Gregory Caltabanis | Oct 31, 2023
Average Arrears refers to the typical amount of unpaid rent or fees owed by tenants across a property portfolio. It is a crucial financial metric that property managers monitor closely to assess the financial health of their rental properties. By calculating the... by Gregory Caltabanis | May 1, 2023
Average collection period is the amount of time required for a business to receive payments from clients. It can be thought of as the time that elapses between the date that a credit sale is made and the date that the full amount is collected from the customer. It is... by Gregory Caltabanis | Oct 10, 2023
Average Days-to-Lease gauges the efficiency of a rental property’s leasing process and is yet another pivotal metric when assessing the performance of a property management firm. Average Days-to-Lease quantifies the average time, often in days, that a property... by Gregory Caltabanis | Oct 31, 2023
Average Maintenance Cost per Property refers to the typical expenditure required to upkeep a specific property over a designated period, usually annually. This cost encompasses various expenses, including routine maintenance tasks like landscaping, cleaning, and minor... by Gregory Caltabanis | May 1, 2023
Average payment period (APP) is the length of time a hotel, resort, or company takes to pay off credit purchases. It is used for accounting purposes to track when payments are due so that no penalties or excess interest are accrued. It does not have an effect on the...