MRI Software

OCTOBER 24, 2023

In residential property management, following up on leads and maximizing occupancy are crucial to the success of your multifamily community. While essential to the success of your property portfolio, maximizing resident occupancy can be challenging. In this guide, we explain how to maximize residential property occupancy.

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MRI Software

OCTOBER 12, 2023

Keeping up with the latest residential property tech trends can be difficult, but understanding the technologies that are popular today can help your organization stay ahead of the competition. As artificial intelligence (AI) evolves, so do its applications in the multifamily, affordable, and public housing spaces.

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California Pacific Realty

NOVEMBER 21, 2024

If managing tenants, late payments, or maintenance calls has become overwhelming, a property manager can help. From securing top tenants to ensuring timely rent payments, property managers handle daily demands, freeing you to focus on your investment’s success. Commercial Property Managers.

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MRI Software

OCTOBER 23, 2023

This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time. What is Multifamily AI?

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Tokeet

AUGUST 12, 2024

Bureau of Labor Statistics , employment of property managers is projected to grow 7% from 2020 to 2030, reflecting the ongoing demand for skilled property managers in this field. Property management is a dynamic and rewarding field that offers various opportunities in real estate.

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MRI Software

FEBRUARY 9, 2025

These fees typically cover essential tasks like tenant screening, rent collection, and property maintenance. Think of these fees as an investment in your propertys long-term success. For instance, if your multifamily property generates $15,000 in monthly rent, a 7% fee would cost you $1,050.

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Real Property Management Choice

AUGUST 2, 2015

APPLICATION You should also keep the tenant’s rental application on file, for two reasons. First, if the tenant disappears owing you money, the application can provide information, such as his Social Security number or employer’s phone number, that could help you track him down for payment. Call 310) 984-9518.

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Buildium

APRIL 23, 2025

As a residential property manager, one of your most important responsibilities is selecting tenants who will pay rent on time and care for your property. Thats where a well-organized application process comes in. The process starts by attracting the right applicants, but it doesnt end there.

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MRI Software

JUNE 2, 2024

MRI Software are leaders in innovative real estate software and in this article, we explore how AI is reshaping residential property management software and real estate CRM solutions. These AI applications are not only transforming how you conduct business but also setting new standards in the industry.

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MRI Software

MARCH 22, 2025

Prioritizing strong marketing strategies for multifamily properties helps you maintain these benefits and avoid costly vacancies. Revenue stability A fully occupied property guarantees consistent cash flow, allowing you to cover expenses like maintenance, staffing, and utilities.

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MRI Software

MARCH 25, 2025

These assistants also handle follow-ups with prospects who havent completed their applications. By ensuring no lead slips through the cracks, AI leasing assistants help increase conversion rates with minimal effort from property managers.

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Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. This helps avoid legal trouble and promotes a fair selection process for all applicants. If you want a more detailed rundown on tenant applications and screening, you can read more here.

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Buildium

APRIL 23, 2025

There are several other types of lease agreements, but these are the main varieties that residential property managers use and encounter on a regular basis. Be clear about any maintenance tasks the tenant should handle, like changing air filters or caring for the garden.

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MRI Software

MAY 22, 2025

Tenant Rental Assistance Certification System (TRACS):TRACS is a HUD computer system developed to improve program management and financial control over the Office of Multifamily Housing Programs rental assistance programs by updating manual procedures to include automated processes and controls.

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Second Nature

DECEMBER 16, 2024

The more value a PMC can drive for its property investors and residents, the more revenue they generate. We've worked with hundreds of residential property management companies and seen a wide variety of profitability levels, Daniel says. The profit, of course, is how much is left over after paying all your expenses.

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