Behind the Numbers: How We Build a Property Budget

Ever wondered how multifamily budgets are built—and what goes into those line items that drive performance? In this episode, The Laurens break down the annual budgeting process for Mara Poling’s portfolio. Lauren Torres explains how property teams, asset managers, and the finance department collaborate to forecast expenses and revenues. Lauren Messina takes a closer look at property tax and insurance projections—two major variables in today’s market. Together, they share how budgets evolve throughout the year and how this process ultimately supports investor returns.