With high interest rates, inflation, a month-over-month decline in rent growth, and a potential recession looming, multifamily owners and operators need to take immediate action to safeguard revenue. Amid this uncertainty in apartment demand and rental growth, how can you optimize your portfolio and secure cash flow? By mitigating rent collection risks, stabilizing NOI in a volatile utility market, and optimizing property operations, you can protect and bolster your business operations for the long term.
What's putting your revenue at risk?
- Chargebacks and returns
- Delinquencies
- Delayed cash flow
- Utility invoice errors
- Not maximizing utility recoupment
- High cost of resident turnover
- Lack of additional revenue streams
- Making decisions without the right data
In this guide, discover strategic recommendations to combat these risks and maintain multifamily revenue. Start reading now!