Apartment Forms - File Bank

Property Management Budget

Budgeting and forecasting is challenging as it is, without a global pandemic causing havoc. Add in uncertainty regarding stimulus plans, and budgeting becomes extremely difficult. So we are exploring normal budgeting strategies, as well as what changes companies are doing to adapt to COVID-19.
Without a proper budget methodology, it is impossible understand how our apartment communities are performing, opportunities for improvement, and potential red flags in our operations.

Budget Worksheet shared by Megan Orser in "Do You Speak Manager" webinar.  Register for "Do You Speak Manager" here: https://www.multifamilyinsiders.com/shop-multifamily/product/246-do-you-speak-manager

There are many ways for communities to bring in extra income from admin fees to service amenities. We are creating the ultimate guide for understanding ancillary income opportunities across the industry.

Without a proper budget methodology, it is impossible understand how our apartment communities are performing, opportunities for improvement, and potential red flags in our operations. Therefore, we are examining the budget creation process at apartment communities. By taking this survey, you will get access to the results for FREE so you can assess your monthly revenue and expenses.

Without a proper budget methodology, it is impossible understand how our apartment communities are performing, opportunities for improvement, and potential red flags in our operations. Therefore, we are examining the budget creation process at apartment communities. This report is available to all registered Insiders.  

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This worksheet will help you ensure you are maximizng your paint and allow you to budget for paint purchases annually. It is a guide to measure the total surface area of your apartments and then will calculate how many gallons you need per apartment type.

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally shared by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

This Standard Budget Worksheet was originally provided by Stephanie Graves for her webinar, "Build a Better Budget ON YOUR TERMS!!"

Multifamily Insiders recently conducted a survey where we examined budgeting strategies. Our survey asked responders to answer the following question: “What methods, tools, or resources do you use to estimate Gross Rent Potential for the year?” Below are the actual responses, only slightly edited for readability and some duplication.

The entire survey, with industry data on budget strategies, visit here: Budget Survey

This survey looks into how apartment communities develop their budget, including forecasting income and expenses, finding suppliers, and other budget related items.

Webinar Wednesday Budget Webinar Documents - This workbook will help determine electricity usage and savings. EPA estimates that just by tracking usage you can save 2.7%