MRI Software

MAY 10, 2024

Understanding economic occupancy and physical occupancy is essential for effective residential property management as it allows for in-depth assessment of the financial health of properties and make informed decisions. A rate close to 93.8%

Residential Property Management

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

FEBRUARY 9, 2025

Each of these approaches has pros and cons based on your property’s specific needs, especially when calculating typical residential property management fees. Percentage-based vs. flat fees Percentage-based fees are calculated as a percentage of your monthly rental income, typically ranging from 5% to 10%.

Rental Management

MRI Software

DECEMBER 10, 2024

Benefits of renting commercial property as residential One of the biggest benefits of renting commercial property for residential use is the potential for higher rental income. Properties in urban centers or near transit hubs can attract tenants willing to pay premium rates.

Commercial Property

MRI Software

MARCH 26, 2025

These investments let you benefit from rental income and property appreciation without the headaches of active property management. By pooling funds with other investors, you can access larger deals and focus on earning rather than managing. Learn more Want to learn more about the latest from MRI?

Rental Income

MRI Software

OCTOBER 23, 2023

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. What is Multifamily AI?

Property

MRI Software

SEPTEMBER 2, 2024

In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts potential residents but also significantly enhances property value.

Apartment

MRI Software

MARCH 24, 2025

Proper management increases rental income and preserves the propertys value, benefiting all investors involved. Generating returns for investors Investors receive returns through two primary channels: rental income and property appreciation. Learn more Want to learn more about the latest from MRI?

Real Estate

MRI Software

MARCH 20, 2025

Below, well explore the most compelling advantages of multifamily apartment investing that make it a top choice for property managers and investors alike. Consistent rental income Multifamily properties provide a steady stream of rental income by housing multiple tenants.

Apartment

MRI Software

MARCH 22, 2025

Maintaining strong multifamily occupancy rates is key to long-term financial stability, and strategic marketing efforts help minimize vacancies while ensuring steady rental income. Property valuation Higher occupancy rates enhance your propertys market value by demonstrating consistent demand and financial performance.

Media

MRI Software

APRIL 1, 2025

You can sell a portion of the units to generate immediate profits while keeping others for long-term rental income. This approach allows you to maximize your propertys potential while adapting to changing market conditions. Get a demo The post Multifamily condo conversion: Is it the right move for your property?

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