2,105 - Why Your Budget Process Is Broken—and How to Fix It

Multifamily Collective Podcast

It's budget season—and chances are, your process is more fragmented than you think.In this episode of the Multifamily Collective, I share why most multifamily budget models fail before they even launch—and what to do about it. Whether you're using Excel, Yardi, RealPage, or tools like Visibly, the platform isn’t the problem.The problem is the process.Here’s what’s really happening behind closed doors:VPs are building their own forecasts, with no alignmentSite teams are left out of critical decision-makingC-suite assumptions are disconnected from the reality on the groundBudgets are finalized in isolation, then handed down as gospelAnd the result? Missed numbers. Misalignment. And a whole lot of finger-pointing.What you need is a collaborative budgeting process—one that includes your site teams, regional leaders, and executive council from day one. Because when everyone has a voice, the forecasts become real. The buy-in becomes stronger. And the outcomes become achievable.This isn’t just about hitting numbers. It’s about building trust, driving performance, and showing up with clarity across every level of your organization.If this resonates, hit like, subscribe, and drop a comment below. How is your team approaching 2026 budgets? Let’s learn from each other.