Resources

What is a good multifamily maintenance cost per unit?

NAA data puts R&M at $1,098 per unit for 2024 — and why that average cannot tell you whether your number is good.

How expense savings convert to property value

Every $1 of recurring expense savings is about $20 of property value at a 5% cap rate — the formula, worked at 4, 5, and 6%.

What is a multifamily invoice audit?

The line-by-line review of what a property actually paid for R&M — what it examines, what it finds, and when it pays for itself.

How to audit a vendor invoice, line by line

Five checks — PO match, quantities, unit prices, math, drift — and where each overcharge hides.

How do you reduce multifamily operating expenses?

Six levers to cut multifamily operating expenses, ordered by what they require — goods pricing first, staffing last.

What percent of income should go to repairs and maintenance?

Stabilized multifamily R&M runs about 4–6% of effective gross income — every rule of thumb that says otherwise is measuring something different.

What is expense benchmarking in multifamily?

Expense benchmarking compares spending to peers, history, or market prices — and the reference standard you choose determines what you can find.

What are multifamily operating expenses per unit in 2026?

NAA data puts 2024 multifamily opex at $8,657 per unit, typically 35–50% of EGI. What the number contains, which lines you control, and how to benchmark against yourself.

How should multifamily properties source HVAC and appliance parts?

Why parts are where maintenance overpayment concentrates — and the capture, price-check, and stocking discipline that stops it.

Where multifamily procurement savings actually come from

The three sources of multifamily procurement savings — price level, item and quantity, consolidation — and why price-level checking comes first.

HD Supply vs Chadwell vs Ferguson: which multifamily supplier is cheapest?

No supplier is cheapest across the board — how HD Supply, Chadwell, and Ferguson actually differ, and how to compare them at the SKU level.

What is multifamily asset management?

The difference between asset management and property management, what the role actually covers, and the point at which a portfolio needs one.