MRI Software

MAY 19, 2025

In our previous blogs, we discussed ways to prepare your data for AI and how to define the real estate scenarios where AI can help. This can feel overwhelming — AI is flying at us fast and furious, and theres a long list of new terms to learn, but this blog will aim to simplify that.

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MRI Software

MAY 28, 2025

Branding plays a critical role in real estate, shaping how tenants perceive a community and influencing leasing decisions. For multifamily properties, a strong brand goes beyond a logo, it reflects the lifestyle, amenities, and overall experience renters expect.

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Property Management Inc.

FEBRUARY 14, 2025

Why Partnering with PMI is a Game-Changer Why Property Owners Need Professional Residential Management Managing a rental property involves more than just collecting rent. From ensuring you follow lease agreements to handling unexpected maintenance requests , the tasks can quickly pile up.

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MRI Software

NOVEMBER 26, 2024

Corporate leases are becoming an increasingly popular option for landlords seeking stable and reliable tenants. For landlords and property managers, understanding corporate leases can help optimize rental strategies and reduce vacancy rates. What is a corporate lease? What is a corporate lease?

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MRI Software

DECEMBER 3, 2024

Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming. What is residential property management?

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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.

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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. PropTech has been one of the useful residential property tech trends for fraud prevention.

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Fourandhalf

AUGUST 22, 2024

There are now lots of options when shopping for property management software, and it can be hard to know which one is right for your business. Generally speaking, property management software takes care of your operations. In this blog, we’ll focus on post-sale operations systems.

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Buildium

OCTOBER 23, 2024

And they’re challenged to exceed customers’ expectations by balancing the right technology with a human touch—all while keeping up with evolving market conditions and property management industry trends. Which property management trends have we identified for 2025? That’s what we’ll cover in this blog post.

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Condo Control

APRIL 24, 2025

Check out its blog or essential legal links. EGL Properties EGL Properties isafull-service property management company. It has more than 30 years of experience buying, selling, leasing and managing residential and commercial property in Los Angeles. Thats the heartbeat of Action.

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Condo Control

NOVEMBER 21, 2024

Condo unit owners can invest in green energy initiatives A progressive initiative aims to give lower-income households access to solar energy, while also giving multi-family residential property owners the opportunity to invest in solar energy to offset energy costs.

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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

MAY 10, 2024

Understanding economic occupancy and physical occupancy is essential for effective residential property management as it allows for in-depth assessment of the financial health of properties and make informed decisions. What is physical occupancy? How to calculate physical occupancy?

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MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. In this blog, we will explore whether student housing fits into the multifamily category, examining its characteristics, differences, and investment potential.

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MRI Software

OCTOBER 23, 2023

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. 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.

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Tokeet

AUGUST 12, 2024

Courses typically cover real estate principles, property laws, and ethics. National Apartment Leasing Professional (NALP) : Provided by the National Apartment Association (NAA). Focuses on leasing practices, marketing, and customer service. Focuses on residential property management practices.

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MRI Software

DECEMBER 8, 2024

In fact, according to a survey by Software Advice , 53% of property managers report that using a PMS has reduced their operating costs, proving that these systems arent just convenienttheyre transformative. PMS solutions are particularly useful for residential properties where there are many tenants to manage. Lease renewals?

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MRI Software

NOVEMBER 4, 2024

These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs. For multifamily property managers, having a strong understanding of occupancy costs is critical for maintaining profitability and efficient operations.

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MRI Software

SEPTEMBER 2, 2024

In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts potential residents but also significantly enhances property value.

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MRI Software

MARCH 22, 2025

In this guide, well explore proven marketing strategies for multifamily properties to help you attract tenants, boost occupancy, and maximize the success of your multifamily properties. Whether youre leasing up a new development or working to retain long-term residents, marketing plays a crucial role in keeping your units filled.

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Authority Property Management

MARCH 3, 2022

A good property management company will make your rental property business thrive, a bad one may lead to the possibility of a foreclosure. In this blog post, we will examine 5 qualities every property owner should consider before hiring a property management company. How fast do they rent out spaces?

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MRI Software

DECEMBER 5, 2024

So, what happens when an unexpected event, like a fire or storm, leaves your property temporarily uninhabitable and your rental income at risk? In this blog, we’ll cover how loss of rental income insurance works, what it includes and excludes, and why every landlord should consider adding it to their coverage.

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SparkRental

DECEMBER 3, 2024

It starts with Ark7 finding and buying properties, leasing them out, and offering shares for sale on their marketplace. New property shares are priced at $20 per share. Ark7 retains a 1–10% ownership interest in each property and sells the rest as shares.

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SparkRental

NOVEMBER 12, 2024

It works particularly well with 1-4 unit residential properties, but you can also do it with 5+ unit apartment buildings. For residential properties with up to four units, you can refinance with a conventional mortgage or a portfolio loan, typically up to 80% LTV but possibly up to 85%.

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SparkRental

NOVEMBER 14, 2024

Who says you need a separate loan for every single property? As you scale your real estate portfolio, it can get tricky to borrow and manage individual loans for every residential property. It also limits your financing options and your ability to pull equity out of existing properties. Enter: blanket mortgages.

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Second Nature

OCTOBER 18, 2024

McNeill explains how they evaluate this at PURE: “We evaluate pro forma financial statements and arrive at a percent profitability based on adjustments we can make by removing ‘seller benefits’ such as vehicle leases, personal expenses, etc.” Property management is still largely driven by personal contacts and business relationships.

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MRI Software

MAY 6, 2025

Short-term rentals (STRs) in multifamily properties are more popular than ever, with demand rising across major U.S. As more renters and travelers seek flexible, home-like accommodations, property owners are exploring STRs as a way to increase revenue.

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MRI Software

JUNE 3, 2025

On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology. This blog will break down multifamily property management fees, including fixed, percentage-based, and variable costs, and explain how to budget for them effectively.

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