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.

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Residential Property Management Residential Property Management Residential Property Property Manager 52

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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Residential Property Management Residential Property Management Residential Property Property Manager 52

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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Property Management Software Property Manager Property Management Management 169

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.

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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

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

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MRI Software

OCTOBER 12, 2023

With the rise of the Internet of Things (IoT) devices and advanced sensors, gathering detailed data about residential properties has never been easier. Property owners and managers can now get insights into their home’s efficiency, wear and tear, and even predict future maintenance.

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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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Mem Property Management

OCTOBER 13, 2024

“We are excited about showcasing our company and our New Jersey property management solutions, to the CAI-NJ community this year,” said Martin Laderman , founder and president of mem property management.

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MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

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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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Media Property Management Software Tenant Lease 52

Second Nature

APRIL 23, 2025

For example, a local moving company might recommend your services to property owners who are moving out, but putting their house up for rent. Similarly, local contractors, painters, plumbers, and other local vendors may have the inside scoop on self-managing landlords who are doing turnover maintenance or other upkeep on rental properties.

Property Manager 52

Property Manager Property Management Management Property 52

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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