Ruff Math Made Easy

Title:

Ruff Math Made Easy:  See the Impact From Decisions to Dollars

Summary:

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
○ Understanding the structure and purpose of Operating Statements and Cash Flow Statements

● Investment Terms & Calculations
○ Understand and calculate the interplay between Cap Rates, NOI, & property values - to reveal the impact of every dollar added to or subtracted from NOI.
○ Prepare for budgeting by learning ROI & Payback period calculations 

Bio:
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 providingmanagement 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.