Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Keep in mind, though, that each property and situation is unique. Rental History: Check with previous landlords to get a sense of how responsible tenants are when it comes to paying rent and keeping their living spaces in good shape.

Lease

Buildium

APRIL 23, 2025

A lease agreement for an apartment is a written contract between you (the property manager, on behalf of the landlord) and the tenant, outlining the terms under which the tenant will occupy the property. The tenant agrees to rent the property for the entire term, offering stability for both the landlord and tenant.

Lease Agreement

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.

Residential Property Management

MRI Software

DECEMBER 3, 2024

Property management is one of the most important factors that tenants consider when it comes to property satisfaction. As a multifamily property landlord or property manager, tenant satisfaction isn’t just a goal—it’s critical to keeping vacancy rates low and maintaining steady income.

Residential Property Management

MRI Software

DECEMBER 2, 2024

Understanding these elements will help protect your investment and create a strong working relationship with your property manager. What is a residential property management agreement? Without these details, the relationship between the property owner and manager can become strained over time.

Residential Property Management

MRI Software

DECEMBER 12, 2024

Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. With this protection in place, landlords can focus on managing their investments without the constant worry of missed payments.

Rental Income

MRI Software

DECEMBER 10, 2024

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? This guide explores key considerations for landlords looking to make this transition, from legal requirements to practical adaptations and market demand analysis.

Commercial Property

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.

Rental Income

MRI Software

DECEMBER 15, 2024

Vacancies are an inevitable part of being a landlord. Whether its waiting for new tenants, completing renovations, or listing a property for sale, there are times when your rental might sit empty. During these periods, your property is more vulnerable to risks like theft, vandalism, or unnoticed maintenance issues.

Residential Property

Buildium

MAY 15, 2025

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? At the same time, start gradually assembling your personal investment team.

Property Manager

MRI Software

AUGUST 5, 2024

As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties. What is multifamily technology?

Tenant

MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. What is a master lease agreement?

Lease Agreement

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

Multifamily housing grants can be a game-changer for property owners looking to improve or expand their rental properties. These grants for multifamily housing provide financial support to landlords who want to develop new units, renovate existing properties, or maintain affordable housing.

Government

MRI Software

MARCH 20, 2025

Investing in multifamily apartments is one of the most promising real estate strategies for landlords and property managers. Multifamily properties provide financial stability and long-term growth opportunities, making them a reliable choice for building capital. What is multifamily apartment investing?

Apartment

MRI Software

NOVEMBER 4, 2024

Leveraging your occupancy costs and expenses Tracking your occupancy costs gives you the leverage needed for successful negotiations with landlords or service providers. By regularly reviewing your expenses, you can identify ways to reduce unnecessary costs and improve the overall financial health of your property.

Utilities

MRI Software

MARCH 24, 2025

Multifamily real estate syndication is one of the most effective ways to grow your wealth in real estate, offering access to larger properties and steady income streams. This investment strategy allows you to team up with other investors, making it easier to manage costs and maximize returns.

Real Estate

MRI Software

MARCH 25, 2025

From automating leasing workflows to providing 24/7 support, AI leasing assistants are becoming indispensable for property managers. Below we will explore what these tools are, how they work, and the many ways they benefit landlords, leasing teams, and residents alike. What is multifamily leasing assistant?

Lease

MRI Software

MARCH 22, 2025

Keeping your multifamily property fully occupied requires more than just a great location, it takes strategic marketing and consistent engagement. For property managers and landlords, maintaining high occupancy ensures steady income, reduces turnover costs, and strengthens long-term profitability.

Media

MRI Software

MARCH 26, 2025

MRI Software provides powerful tools like online applications, digital rent payments, and lease renewal automation, making multifamily property management more efficient. Our solutions allow landlords to focus on returns instead of day-to-day property issues. Learn more Want to learn more about the latest from MRI?

Rental Income

MRI Software

APRIL 1, 2025

Condos have become a popular choice for buyers seeking affordable and low-maintenance homeownership, and this trend has sparked interest among multifamily property owners. Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment.

IT