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Multifamily vacancy rates explained: A guide for investors

MRI Software

Plus, find out how real estate property management software can help when dealing with multifamily vacancies. Multifamily vacancy rates measure how many units in a property are unoccupied compared to the total number of units. If left unchecked, sustained high vacancy rates can lead to a decline in property value.

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5 residential property tech trends you must watch out for

MRI Software

PropTech has been one of the useful residential property tech trends for fraud prevention. PropTech solutions integrate advanced identity verification methods to ascertain the legitimacy of prospective tenants. This pre-emptive approach ensures that property businesses are always a step ahead of fraudsters.

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Old lease vs new lease: A landlord’s guide to smooth transitions

MRI Software

This distinction comes from the Landlord and Tenant (Covenants) Act 1995 , which introduced changes that impact both landlords and tenants. For instance, if a property has been leased under an old agreement for many years, updating the lease might be necessary when the tenant wants to assign it.

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What is a property management chatbot and how can it benefit property managers?

MRI Software

In an era where technology is shaping the future of real estate, property management chatbots are emerging as essential tools for efficiency and innovation. Powered by artificial intelligence , these chatbots are redefining how multifamily organizations interact with tenants, manage properties, and streamline operations.

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Investor’s guide to multifamily real estate syndication

MRI Software

This makes multifamily real estate syndication an attractive option for investors looking to tap into the lucrative world of large-scale property investments. We’ll also cover the risks, how to get started, and how real estate property management software could help you.

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Multifamily cap rates explained

MRI Software

Each of these variables plays a significant role in shaping a property’s cap rate, either increasing or decreasing it. Location is one of the most significant factors impacting cap rates in multifamily real estate. Class B properties fall somewhere in the middle.

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