Remove Demo Remove Rental Unit Remove Tenant Management
article thumbnail

Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. These platforms integrate tenant management, financial tracking, lease administration, and maintenance workflows into a unified system.

article thumbnail

Understanding the difference between a condo and a multifamily residence

MRI Software

Tools like multifamily property management software can also help landlords streamline tasks like rental income tracking and tenant management, making them a valuable addition to multifamily property ownership. Investment potential depends on your goals and tolerance for management responsibilities.

Finance 52
article thumbnail

Property Management KPIs You Should Track

MRI Software

Occupancy Rate Indicates the percentage of rental units occupied by tenants. A 100% occupancy rate means all units are leased, while 0% means none are. Tracking this KPI helps evaluate leasing strategies and tenant demand trends, informing pricing and marketing decisions and aiding in maximizing rental occupancy rates.