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Understanding Your Property Financials with Mindy McCorkle

Wednesday, July 31, 2024
9:00 AM - 1:00 PM (EDT)

Event Details

Understanding Your Property Financials

It’s not enough that we pull a report and read a figure from that report. We need to know HOW that figure became, well…that figure! How was it calculated? What goes into the numbers? What happens if the system goes down? How will you calculate the important numbers? Wouldn’t it be helpful to know how and why financial decisions are made? Having a better understanding of how the financial side of your property works will not only help you feel more confident in your work, but it will open up opportunities for you.

Key Takeaways:

How and why the financial status of the property is important to every site associate.

How to analyze financial statements for actionable.

How to understand the concepts, calculations, use and impact of closing ratios, leased percentage, renewal percentage, resident turnover rate, property value and so much more.

ATTENDEES: If possible, bring a copy of your property’s most recent month-end statement (P&L, op statement, or budget comparison report). You’ll be able to use it to practice some of the calculations we review in this session!  If you aren’t able to bring it, don’t worry.

We’ll have a sample for you to use.

This class is worth 4 CECs.

One sponsorship is available for $200 to speak for 5 minutes at the start of the class.

Tara Allen
Tara Allen Greystar
Deserae Alston
Deserae Alston Wellington Place
Chelsea Black
Chelsea Black Willow Bridge (frmly Lincoln)
Brandy Brady-Page
Brandy Brady-Page Business Manager The Duke of Charleston
Daniel Bretzke
Daniel Bretzke Property Manager 35 Folly Apartments
Geoffrey Brown
Geoffrey Brown Parks at Nexton
Dannica Cart
Dannica Cart Community Manager Botanic at Ingleside
Kenzie Carter
Kenzie Carter Bell Partners Inc
Michelle Coan
Michelle Coan Pegasus Residential
Bradley Cole
Bradley Cole Owner Monster Clean
Sarah Crawley
Sarah Crawley Willow Bridge (frmly Lincoln)
Amie Dufek
Amie Dufek Business Manager Restore at Carolina Park
Myriam Ellis
Myriam Ellis Mosby Ingleside
Michelle Gordon
Michelle Gordon Pegasus Residential
Kathryn Gorman
Kathryn Gorman Regional Manager Asset Living
Lyndee Grizoffi
Lyndee Grizoffi Sr. Community Manager Riviera at Seaside Apartments
Victoria Hartshorn
Victoria Hartshorn Chamberlain Pines
Shakara Jefferson
Shakara Jefferson Willow Bridge (frmly Lincoln)
Madison John
Madison John Bell Partners Inc.
Miles Jones
Miles Jones Darby Development Co.
Kaitlyn Klaiber
Kaitlyn Klaiber Assistant Community Manager The Porter (Madison Communities)
Gene Leverett
Gene Leverett Foundry Point Apartments
Emily Lucas
Emily Lucas Madison Communities
Anne Machowski
Anne Machowski Regional Director RangeWater Real Estate
Taylor Marion
Taylor Marion Assistant Property Manager FCA Management
Caroline McCully
Caroline McCully Greystar
Rachel Oladele
Rachel Oladele South Pointe Apartments
Christie O'Riley
Christie O'Riley Pegasus Residential
Brooklyn Paul
Brooklyn Paul The Jasper
Shanice Price
Shanice Price Assistant Property Manager BSRE
Amelia Ramage
Amelia Ramage Riverwood Apartments
Sable Rice
Sable Rice Greystar
Falon Sharpe
Falon Sharpe Community Concierge Services
Alyssa Snider
Alyssa Snider Property Manager WestShore LLC
K.C. Stewart
K.C. Stewart Martin's Creek Apartments
Shannon Thompson
Shannon Thompson Crickentree Apartments
Melissa Wagner
Melissa Wagner Regional Property Manager Trion Properties
3 Other Registered Attendees