Buildium

MARCH 20, 2025

Managing rental properties comes with plenty of moving partscollecting rent, handling maintenance requests, keeping up with leases, and tracking finances, to name a few. Leasing Any landlord property management software you choose should feature tools that will assist you throughout the entire leasing cycle.

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MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

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Buildium

APRIL 23, 2025

Its a great way to speed up leasing cycles and expand your pool of potential tenants. Lease Management Automation Managing leases and lease renewals can be challenging, especially as your portfolio grows. Fortunately, AI can read and extract critical information from leases for you in seconds.

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Buildium

MARCH 19, 2025

This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. For instance, if a tenant pays you in December for Januarys rent, you report that income in the year you received the payment, which is December.

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American Apartment Owners Association

NOVEMBER 11, 2024

Revelas platform uses AI to analyze everything from maintenance histories to leasing data, helping landlords and property managers optimize their portfolios. Make Rent Collection a Breeze With our AI-powered approach, we have taken the stress out of delinquency management. Schedule your demo now to get started.

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Buildium

MARCH 19, 2025

Signage A simple “For Rent” sign in front of your property can grab local attention, especially if your property is in a high-traffic area. Always be transparent about leasing terms and follow fair housing laws. You can test out Buildiums software with a free, 14-day trial or a guided demo.

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Buildium

MARCH 3, 2025

At its core, automation reduces the manual work required to complete everyday tasks, such as rent collection or marketing listings. Property management software systems typically include online portals and apps that make it easy for tenants to complete important tasks like paying rent, even while on the go.

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MRI Software

FEBRUARY 12, 2025

These services typically include tenant screening, lease management, rent collection, and property maintenance, among others. Rent collection: Modern systems ensure on-time payments and enforce lease terms when necessary. These efforts create a positive rental experience, encouraging tenants to stay longer.

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MRI Software

JULY 26, 2024

Many real estate tenants unknowingly overpay on their leases, a costly oversight that can erode business profitability. Here are 6 common ways commercial tenants end up overpaying on their leases: 1. A lease system can also enable the business to have more strategic lease renewal negotiations.

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Fourandhalf

AUGUST 22, 2024

These might include individual lease agreements, tailored maintenance schedules, and personalized tenant communication. Look for features that allow you to easily track tenant information, lease agreements, rent payments, and communication history. Maintenance requests can be easily tracked and managed.

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American Apartment Owners Association

NOVEMBER 11, 2024

Revelas platform uses AI to analyze everything from maintenance histories to leasing data, helping landlords and property managers optimize their portfolios. Make Rent Collection a Breeze With our AI-powered approach, we have taken the stress out of delinquency management. Schedule your demo now to get started.

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Landlord Property Management Property Manager Maintenance 130

MRI Software

FEBRUARY 10, 2025

For landlords and property managers, effective residential leasing management is essential to reduce vacancies, attract quality tenants, and maintain a steady rental income. Residential management goes beyond collecting rent, its about creating a system that works for both you and your tenants. What is residential leasing management?

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MRI Software

DECEMBER 2, 2024

If you’re managing or investing in multifamily properties, you’ve likely come across the term “loss to lease multifamily.” Loss to lease is the difference between the current market rent and the rent youre actually collecting from your tenants. What is loss to lease in multifamily real estate?

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MRI Software

FEBRUARY 4, 2025

By applying these multifamily leasing tips, you can stand out in a competitive market and make your property more appealing to prospective renters. This guide will provide practical multifamily leasing tips on effective strategies, leveraging technology, and creating a welcoming tenant experience.

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MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence. What defines a commercial lease?

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MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties. What is a master lease agreement?

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MRI Software

APRIL 25, 2024

Are you a real estate portfolio manager looking to streamline your lease management processes? This blog will walk you through the top five features to consider when choosing the right lease management software for your business. This includes lease terms, rent payments, lease commencement and expiration dates, and important clauses.

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MRI Software

SEPTEMBER 3, 2024

Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Understanding lease renewal fees is essential for maximizing your rental income and ensuring tenant satisfaction.

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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?

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MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

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MRI Software

DECEMBER 13, 2023

Lease management software has become a valuable tool for businesses who need to streamline their lease management processes. From small enterprises to large corporations, implementing lease management software  delivers numerous benefits and advantages. What can a lease management solution do for your business?

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MRI Software

AUGUST 3, 2024

This guide offers best practices for managing lease renewals and strategies for dealing with tenants who decide not to renew. How to ask a tenant if they will renew lease As a tenant’s lease period comes to an end, it’s your responsibility to start the renewal conversation.

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MRI Software

MARCH 1, 2025

Early lease termination by tenants can leave landlords dealing with unexpected vacancies and financial losses. This guide covers everything landlords need to know about early termination of lease agreement by tenants. This guide covers everything landlords need to know about early termination of lease agreement by tenants.

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MRI Software

FEBRUARY 1, 2025

The lease-up phase is one of the most important periods for a multifamily property. By combining proactive management with targeted strategies, you can streamline your lease-up process and attract quality tenants. By implementing a strategic plan, you can efficiently transition your property from pre-leasing to long-term stability.

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MRI Software

SEPTEMBER 6, 2024

With so many rental agreements in play, understanding lease transitions is more important than ever. Whether you’re dealing with an old lease vs new lease, knowing how to navigate these transitions can save you time and avoid potential legal issues. What is the difference between old and new lease?

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MRI Software

FEBRUARY 5, 2025

Using multifamily property management software can help streamline rent collection, maintenance scheduling, and communication for properties with many tenants. Properties with two to four units typically qualify for residential loans, which are easier to secure and offer lower interest rates. appeared first on MRI Software.

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MRI Software

MARCH 25, 2025

Property managers are turning to AI leasing assistants to simplify operations, improve tenant experiences, and streamline lead management. As automation becomes more advanced, these tools are changing the way leasing teams interact with prospects and residents. What is multifamily leasing assistant?

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MRI Software

OCTOBER 17, 2023

Despite rent being a substantial monthly expense, it historically didn’t contribute to a renter’s credit score. Since around 2014, the scenario shifted when credit bureaus started including verified rent payment data in credit reports, known as rent reporting.

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MRI Software

FEBRUARY 12, 2025

With additional features such as online applications, renters insurance, and digital rent payments, MRI Software helps landlords create safer, more efficient communities while building trust with residents and staff.

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MRI Software

OCTOBER 18, 2023

With this age group, paying bills online has become the norm, and their rent is no exception. For property managers hoping to collect more digital rent payments rather than paper checks, the first step is to encourage resident adoption. Why is online rent payment important? What are the benefits of online rent payments?

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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? Why landlords might consider renting out commercial property as residential More landlords are exploring this route due to the shifting dynamics of the real estate market.

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MRI Software

MARCH 5, 2025

Renting out property can be a great way to generate income, but it also comes with potential financial risks. If you rent out a property that you dont live in, most mortgage lenders will require you to have this insurance. This can result in stronger tenant relationships and longer lease agreements.

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MRI Software

DECEMBER 12, 2024

Whether its missed rent payments or a lease violation, understanding why tenants default and how to address these issues is key to protecting your rental business. Tenant default happens when a tenant fails to meet the terms of their lease agreement. When a tenant defaults on rent, the most obvious impact is financial loss.

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MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. Tenant rent default insurance ensures landlords stay financially secure even during tenant-related disruptions.

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MRI Software

DECEMBER 1, 2024

What managing an apartment complex entails Managing an apartment complex involves far more than simply collecting rent. Youll need to coordinate repairs, address tenant concerns promptly, and ensure that rent is collected on schedule. Below are key strategies to help you maximize your revenue while keeping tenants satisfied.

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MRI Software

DECEMBER 15, 2024

now pay their rent online, reflecting a growing demand for digital convenience. This guide will explore key strategies and tools to help you automate property management tasks like rent collection, tenant communication, and maintenance management. For example: Chatbots can instantly answer questions like, When is rent due?

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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. Beyond rent, these costs consist of property taxes, utilities, insurance, and maintenance fees. What are my actual occupancy costs and how to calculate them?

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