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Podio for Real Estate Investing - Using Calculations to Normalize Data
In this episode, Nick Baldo delves into database normalization, highlighting common data entry errors and the significance of calculations in PODIO. He demonstrates 'Current Status' and 'Future Status' calculations, discusses changes in unit status after adding a new tenant, and emphasizes the importance of the leading KPI, 'Future Vacancies'. He also explores how calculations tie into property deals and 'Rentable Square Footage'.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
Every database should be normalized. That means limiting and reducing duplicate data entries. Use basic Podio calculations to do the work for you.
(0:00) Introduction to the episode and topic: Database Normalization
(1:15) Common mistakes in data entry and the importance of calculations in PODIO
(3:07) The 'Current Status' and 'Future Status' calculations: Demonstrations and examples
(5:41) Adding a new tenant and observing the changes in unit status
(6:50) The leading KPI: Focusing on 'Future Vacancies'
(8:43) How calculations work with property deals and 'Rentable Square Footage'
(9:06) Closing remarks, invitation for comments and questions
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By Nick BaldoIn this episode, Nick Baldo delves into database normalization, highlighting common data entry errors and the significance of calculations in PODIO. He demonstrates 'Current Status' and 'Future Status' calculations, discusses changes in unit status after adding a new tenant, and emphasizes the importance of the leading KPI, 'Future Vacancies'. He also explores how calculations tie into property deals and 'Rentable Square Footage'.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
Every database should be normalized. That means limiting and reducing duplicate data entries. Use basic Podio calculations to do the work for you.
(0:00) Introduction to the episode and topic: Database Normalization
(1:15) Common mistakes in data entry and the importance of calculations in PODIO
(3:07) The 'Current Status' and 'Future Status' calculations: Demonstrations and examples
(5:41) Adding a new tenant and observing the changes in unit status
(6:50) The leading KPI: Focusing on 'Future Vacancies'
(8:43) How calculations work with property deals and 'Rentable Square Footage'
(9:06) Closing remarks, invitation for comments and questions