MRI Software

JUNE 26, 2025

This marked the third consecutive year this group came together to explore the evolving landscape of application fraud and the strategies property management companies (PMCs) can use to prevent it. Bad actors are now using tools like FraudGPT to generate fake IDs , paystubs, and bank statements.

Property Manager

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.

Applications

MRI Software

JUNE 18, 2025

Clients that use MRI PMX , our commercial and residential property management and accounting solution, can potentially cut down the month-end close time by 50%, while improving accuracy and reducing manual effort. Tenant service management: Use AI agents for tenant service requests to boost engagement.

Real Estate

Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. How Tenant Screening Fits into Property Management Leasing When it comes to leasing, your tenant selection process is the first line of defense. Keep in mind, though, that each property and situation is unique.

Lease

Buildium

APRIL 23, 2025

Types of Lease Agreements There are several types of leases, and choosing the right one depends on the property and your goals. The tenant agrees to rent the property for the entire term, offering stability for both the landlord and tenant. If the tenant wishes to stay after the lease expires, you can renegotiate the terms.

Lease Agreement

MRI Software

MAY 22, 2025

Annual Contribution Contract (ACC):Annual contracts with Public Housing Authorities (PHAs) for payments toward rent, financing debt service, and financing for modernization. HUD makes up the difference between what they can afford and the approved rent for an adequate housing unit. million low-income households.

Finance

MRI Software

DECEMBER 3, 2024

In this blog, we’ll explore the most important expectations of residential property management and how proactive management can enhance satisfaction. What do tenants typically expect from residential property managers? Tenants have certain needs that they expect their property managers to meet.

Residential Property Management

Fourandhalf

AUGUST 22, 2024

While you might not need all of these features, or you may need some that aren’t listed here, this should serve as a good starting point: Comprehensive Tenant Management Effective tenant management is the backbone of property management software. Maintenance requests can be easily tracked and managed.

Property Management Software

Buildium

OCTOBER 23, 2024

Heading into 2025, property management companies face a number of obstacles: They’re challenged to expand their portfolios without compromising the quality of service they deliver to their customers. They’re challenged to grow their revenue in spite of increased costs and flat rent growth in many areas of the U.S.

Property Manager

Real Property Management Choice

AUGUST 2, 2015

Follow strict policies and procedures from applicant screening to rent collection. We don’t just qualify an applicant to get the property rented faster. If they don’t do that now when they’re trying to be the best possible applicant, how are they going to be when they are supposed to pay their rent?

Tenant

Real Property Management Choice

MARCH 28, 2024

The right residents pay rent on time, take care of the rental property, follow the terms of the lease agreement, and communicate openly and transparently. It requires a thorough, fair, and standard screening process that starts with a completed application and ends with the offer of a lease agreement.

Tenant

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.

Rental Property

MRI Software

MARCH 27, 2025

Whether youre modernizing an aging property or keeping rents affordable, these grants can provide the financial support needed to meet your goals. Qualifying for a grant often depends on factors like the location of your property, the income levels of your tenants, and the specific goals of the funding program.

Government

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.

Landlord

MRI Software

FEBRUARY 9, 2025

Residential management fees are payments property owners make to management companies for overseeing their rental properties. These fees typically cover essential tasks like tenant screening, rent collection, and property maintenance. These can significantly impact your overall cost.

Rental Management

Tokeet

AUGUST 12, 2024

Provides advanced training in property management, including financial management, risk management, and resident retention. Residential Management Professional (RMP) : Offered by the National Association of Residential Property Managers (NARPM).

Property Manager

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?

Property

MRI Software

APRIL 4, 2025

Optimized ads can significantly increase website visits, tour bookings, and lease applications. By analyzing trends and adjusting strategies, property managers can improve their marketing efforts and drive consistent leasing success. Renters are more likely to stay in a place where they feel a sense of community and connection.

Residential Property Management

Authority Property Management

MARCH 3, 2022

Most importantly, make sure they are a member of professional associations like the National Association of Residential Property Managers and check their rating with the Better Business Bureau. A Bulletproof Business Strusture Property owners value peace of mind, and they want to be sure their investment is safe.

Property Manager

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. What is a Comparative Market Analysis ?

Property Manager

MRI Software

APRIL 3, 2025

Some leases attract stable, long-term tenants, while others allow for frequent rent adjustments based on market demand. Knowing which lease best fits your property and business goals helps you reduce vacancies, manage tenants effectively, and increase overall rental success. Landlords have less control over who sublets the unit.

Lease Agreement

MRI Software

MARCH 26, 2025

By pooling funds with other investors, you can access larger deals and focus on earning rather than managing. Most syndications target properties with value-add opportunities, where improvements drive rent growth and appreciation. Our solutions allow landlords to focus on returns instead of day-to-day property issues.

Rental Income

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.

Lease

MRI Software

MARCH 22, 2025

For prospective tenants, email campaigns featuring virtual tours, leasing specials, and application reminders can boost conversions. By maintaining consistent communication, you build stronger relationships and keep your property top-of-mind. Segmenting your audience ensures that the right people receive the most relevant messages.

Media

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. of one months rent. How is your cash flow?

Property Manager