Maximize your cash flow. Minimize your stress.
When it comes to multifamily apartments, what you don't know can hurt you.
Our nationwide Property X-Ray service delivers a simple but comprehensive report on how your apartment community is operating. We don't just highlight inefficiencies; we make actionable suggestions. By combining undercover visits with financial analyses, we're the one-stop shop for getting the inside scope on property performance.
Inquire Now and Optimize Your Property Performance
(813) 738-5680
info@propertyx-ray.com
Optimize Your Apartment Complex
Are you leasing consultants able to convert every walk-in to a showing without breaking a sweat? Are you confident that your rents are at market rate? Is your income-to-expense ratio as tight as it could be? We'll tell you, and that's just the beginning.
Undercover Visits
Our undercover agents are located Nationwide and are ready to visit your property. They'll tour at least one unit and complete a 40-point evaluation. You'll receive a full report with their feedback on the customer service, unit presentation, and fair housing compliance.
Rent Roll Analysis
We analyze your rent roll data using cutting-edge technology, discovering leasing trends and highlighting any issues. We'll identify missing data and significantly high/low rents, analyze your occupancy trends, and much more.
T-12 Analysis
The T-12 (trailing profit and loss statement) is the most telling of all the reports we analyze. We'll take your T-12 and identify outpoints that are pulling your expenses up and your income down.
Budget v. Actual Analysis
When you provide us with your budget v. actuals report, we are able to identify problematic expenses or drops in income. By combining this report with the T-12 and the rent roll, we can also identify solutions.
Competitor Analysis
We conduct a full rent comp study, comparing your in-place and market rents with the most comparable competitors in your area. Further, we compare your income and expenses to the average data from . This comparison
Renovation Analysis
We factor in your renovations, calculating the achieved premiums and showing how these affect unit occupancy. With this analysis, you'll see exactly how much more (or sometimes, less!) your CapEx is earning you.
Why Choose Us?
Unbiased & External
As a true evaluation, Property X-Ray is unbiased and external. Unlike internal performance evaluations, we don't gloss over the bad parts. We use statistical analysis and undercover agent feedback to provide a true picture of property performance.
Industry Experience
This product was created by WPG Property Management's executive team, who have over 60 years combined real estate experience.
Created with Purpose
Originally, Property X-Ray was designed to be used in our own quality control procedures for our managed properties. However, we soon realized that this was a valuable tool for anyone handling multifamily properties!
Transparency
We don't sugarcoat it! We give you the real data in our analysis without filtering anything out. You get to see the whole picture.
We're here as often as you need us.
We don't want to weigh you down with minimum orders and annual contracts. Instead, we offer Property X-Rays on an ad-hoc basis. Choose a one-off X-Ray, or order them regularly to track improvement. The best part?
All our pricing is shown up-front. No secrets. No surprises.
1 ONE-TIME PAYMENT
$ 2,499
Most Popular
- On-site and telephone undercover evaluations
- Full rent roll analysis
- Full T-12 analysis
- Competitor analysis and rent comp study
- MSA benchmarks for income and expense line items
Save your time and energy
All you need to provide is the property address and the required reports (e.g., rent roll, T-12, etc.). Then, you sit back and let us do the work.
When your Property X-Ray is complete, we'll send you your custom, comprehensive report outlining everything we've identified. Most importantly, you'll receive actionable solutions throughout.
- Inquiring Takes Less Than 1 Minute
- 2-4 Week Turnaround Time (Location Dependant)
- Fully Actionable Results Delivered in PDF and Excel
- Work Begins As Soon as Documents and Payment Are Submitted
Frequently Asked Questions
Our Property X-Ray service delivers a simple but comprehensive report on how your apartment community is operating. We don't just highlight inefficiencies; we make actionable suggestions. By combining undercover visits with financial analyses, we're the one-stop shop for getting the inside scope on property performance. Whether you're an owner, an asset manager, or a regional/local property manager, you can benefit from an external review of your current performance.
Property X-Rays are ideal for anyone who needs to gather a deeper understanding of a property's efficiencies and deficiencies. Specifically, owners, asset managers, regional property managers, and even on-site property managers will benefit from a Property X-Ray, as they can use them to implement changes to improve property performance.
Property X-Ray is NOT intended for underwriting, lender analysis, or other financial decisions. Users should not rely on Property X-Ray when making financial decisions. All opinions contained within are based on our industry experience and statistical analysis of your data—they are in no way financial, legal, or business advice.
Property X-Rays are available for existing multi-family properties/apartment complexes located in the United States. The report requestor will need to have access to at least three months' worth of financial reports, along with a rent roll. The requestor must also be authorized to share these documents with us for analysis.
Student housing, office, and retail spaces are not eligible for a Property X-Ray at this time. Properties should also have a sufficient unit count for analysis (at least 30 units) and an on-site office for the leasing evaluation. Note that Property X-Rays are conducted and billed per property, not per portfolio.
You can submit an inquiry right here! Fill out the form below and click submit. once we've received your request, we'll reach out to you within 2 business days to determine which tier of Property X-Ray you'd like, collect the required documents, and take payment through our secure portal.
You can expect to receive your results between 2-4 weeks after payment has been submitted alongside all requested documents. Please note that, if you do not submit a requested document, we will follow up with you about it, but we won't be able to begin working on the X-Ray until we receive these, delaying your overall delivery of the reports.
We are confident that the inefficiencies we highlight at your property will equate to far more than you spend on the X-Ray. However, if you feel like we did not provide sufficient feedback, or if we cannot find enough optimization opportunities to cover the cost of the X-Ray, we will provide a refund.
At a minimum, we require that you submit a current rent roll and a profit & loss statement with at least six months' worth of data. If you have more data available, you may provide up to three rent rolls (e.g., the last 3 months) and up to 24 months' worth of profit & loss statements. We also request that you submit a balance sheet as this helps with profit & loss statement interpretation, though this is optional.
Documents will be requested over email and must be submitted in PDF or Excel format. All documents that we receive will be kept strictly confidential and secure. If you do not have one of the required documents, you can still purchase a Property X-Ray, but we will not be able to conduct that part of the analysis.
We will request the required documents from you over email (requests will be sent from xray@wpg-management.com). PDF or excel files are acceptable. If you need assistance pulling these reports from Appfolio, RealPage, etc., please send us an email, and we'll explain how to download the required reports.
Definitely not. Property X-Rays are purchased individually on an ad-hoc basis, as frequently or as infrequently as you'd like. There are no subscription or recurring charges.
WPG Management, LLC (DBA: WPG Property Management) is a property management company located in Florida, USA. Property X-Ray is a service offered by WPG Property Management.
Absolutely. All documents that you send are stored securely and will not be shared outside of WPG Property Management and their secure affiliates. Members of the WPG Property Management team may reach out to you after your X-Ray has been completed about related WPG products.
No. Property X-Ray was designed by property management professionals with years of experience, and dedicated specialists conduct the undercover visits and analyses. The findings we report are opinion-based and are not to be construed as financial advice of any kind. WPG Property Management do not take responsibility for any changes you implement at your property based on report findings.
You can reach out to a Property X-Ray representative at any time via email (xray@wpg-management.com) or phone (813) 738-5625 referencing 'roperty x-ray'.
Don't wait. It's time to discover what's really going on inside your property and optimize your NOI.
Contact Us
We're here to talk! Reach out to us via email or phone, or visit the social media channels for WPG Property Management.
Open Hours
Mon-Fri: 9 AM – 5:30 PM
Sat-Sun: Closed
Location
131 N Garden Ave, Clearwater, FL. 33755
Email: info@propertyx-ray.com
Telephone: +1 (813) 738-5680
Property X-Ray is a WPG Property Management product. 'Property X-Ray' is a pending trademark of WPG Management, LLC.
All Rights Reserved.
