Portfolio/Business performance metrics and analysis

[Ebony Calloway]

Hey everyone,

I am coming up on my first year of owning a five multifamily properties in Southern Indiana. I was going to reassess each property and get an overall look of how the past 12 months were. How often do I need to/should I review my portfolio? This year won't really be indicative of most years hopefully but is a yearly checkup too frequent? What metrics should I look at? I was planning on recalculating estimates for vacancy, cap rate, monthly rents, equity increases, and taxes. Any suggestions of frequency or things to consider to determine if I need to make adjustments in my strategies or anything else would be greatly appreciated.

-Ebony