2min chapter

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Beyond Door Count: Unlocking the Key to Sustainable Property Management Success

NARPM Radio

CHAPTER

How to Break Down Your Revenue Per Door

So I get the first number, which is my revenue per my revenue, total revenue. Then I get my next number is revenue per door, which just becomes super math easy. Now you've got to look at what are the sources that are generating that revenue per door? Yeah. Management fees, 35.8%. Lease commissions procurement fees, wherever you call it, 14%. Maintenance markup, 9.3%. Tenant benefit package, 8.6%. Credit contingency fees, some people call risk mitigation fees, 6%.

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