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Choosing an apartment management certification: Tips and comparisons

Buildium

Benefits: Enhances leasing success and tenant engagement, boosting occupancy. Residential Management Professional (RMP) – Institute of Real Estate Management (IREM) Overview: RMP suits managers seeking broad real estate management knowledge beyond apartments.

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Multifamily property lease audits: Best practices for landlords

MRI Software

Breaking the audit into clear, manageable steps ensures that no critical details are missed. Review lease agreements The first step in any audit is verifying that every lease agreement is accurate and up to date. Missing or outdated agreements can also create legal vulnerabilities if a disagreement arises.

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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries ? CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.