Real Estate group for high level investors to benchmark data.

[Justin R.]

I’m thinking it may be a great idea to start a group of several higher level investors (50 units and up) to create benchmarks, KPI’s, and outside opinions of portfolio. Basically an informal audit of ones portfolio.

This could be as simple as creating a few benchmarks (specific ratio of expenses, total PM fee ratios, vacancy rates and duration,etc)

As much as one could assume they have a well oiled portfolio, an outside investor could find areas of improvement.

Let me know if anyone would be interested, or if such a group already exist.

Cheers!