NOI & Beyond - A Comprehensive Dive Into Property Financials for Onsite Teams -PAAWW#19

Dive into the essentials of property management financial mastery in this practical seminar. We'll start with the basics of Net Operating Income (NOI) and explain why it's key to understanding your property's success and value. From there, Rich will break down financial statements into simple terms, so you can easily spot the numbers that matter. You'll learn to identify, track, and interpret key metrics that improve property performance, giving you the confidence to make smart financial decisions. Whether you're new to the field or looking to sharpen your skills, this session offers actionable insights without the jargon. By the end, you'll have a solid grasp of how financial decisions impact your properties, leading to better outcomes. This program will empower you to boost profitability and navigate financials with ease. Join us to transform your approach to financial mastery and elevate your management game.

Objectives – at the completion of this seminar participants will be able to:

• Define and calculate Net Operating Income (NOI) and other essential metrics. 
• Articulate the significance of their impact on NOI. 
• Read and interpret the data available in their own financial statements. 
• Use financial data and metrics to make informed decisions, enhance property performance, and identify areas for improvement. 
• Recognize and avoid common financial management mistakes, ensuring more accurate and effective financial oversight.

Rich George is the owner and managing director of NOI Coach, a business coaching, consulting, and training firm based in Michigan. A successful management professional and published author with over 30 years of experience, Rich brings a no-nonsense approach to strategic planning and a passion for employee development and culture building. Rich’s background includes the management of over ten billion dollars of real-estate assets, and over 800 million dollars of capital re-investment strategies.

Rich has been involved with successful acquisitions, dispositions, merger facilitation, receiverships and repositions. Key to his portfolio is the management of highly distressed properties, including those in court receivership.

Known for his team building, culture changing, and change management skills, Rich leads the market in promotion and preservation.

PAA Webinar Wednesdays-supported by Multifamily Insiders-is the largest weekly premium webinar series in the multifamily industry, helping you gain the skills to improve your performance and advance in your career! Through this program, you get access to innovative ideas, best practices, and emerging trends from a variety of topics, including customer service, leasing and marketing, resident retention, career advancement, leadership techniques, and other property management skills to become a superstar at your company and/or in your profession!