Real Property Management Choice

AUGUST 2, 2015

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. If you decide to keep these applications, Please be sure to store them securely. When did he or she pay?

Landlord

MRI Software

MARCH 9, 2025

An effective lease management solution not only streamlines administrative tasks but also enhances decision-making by providing real-time data on lease expirations, rental income, and tenant obligations. Detailed reports enable investors to track key metrics such as rental yield, tenant retention rates, and operating expenses.

Real Estate

MRI Software

MAY 11, 2025

Unlike conventional loans, which evaluate personal tax returns and employment history, a DSCR loan for multifamily property is based entirely on rental income. As long as the property generates enough revenue to cover its debt payments, borrowers can qualify without showing W-2s or personal income statements.

Real Estate

MRI Software

OCTOBER 23, 2023

In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time. When an AI-powered tool receives a document for the first time, it can label the data it’s been shown and then search for patterns in that data. What is Multifamily AI?

Property

MRI Software

MARCH 1, 2025

Selecting the right lease type helps landlords maintain steady rental income and comply with local legal requirements. Why the right lease agreement matters for landlords Selecting the right landlord lease agreement is crucial for ensuring financial stability and smooth property operations.

Lease Agreement

Real Property Management Choice

APRIL 10, 2022

Managing a rental home alone can be challenging for new property owners. With no know-how of attracting new tenants and ensuring timely maintenance, you may end up sacrificing your rental income to extended vacancies and hefty maintenance costs. That’s where a property management company steps in.

Property Manager

SparkRental

NOVEMBER 12, 2024

It works particularly well with 1-4 unit residential properties, but you can also do it with 5+ unit apartment buildings. It works particularly well with 1-4 unit residential properties, but you can also do it with 5+ unit apartment buildings. You create equity by renovating the property and then cashing out that equity.

Real Estate

Real Property Management Choice

MARCH 28, 2024

How do you protect your property and your rental income by placing the best possible residents? Start by Establishing Qualifying Rental Criteria for Fair Housing Purposes Document and share your list of rental criteria with prospective applicants. Income Always verify income.

Tenant

SparkRental

NOVEMBER 14, 2024

Who says you need a separate loan for every single property? As you scale your real estate portfolio, it can get tricky to borrow and manage individual loans for every residential property. It also limits your financing options and your ability to pull equity out of existing properties. Enter: blanket mortgages.

IT

Second Nature

OCTOBER 18, 2024

Transferability Business transferability, or the ease with which a property management company can be sold to a new owner, is a crucial factor in its valuation. Specialization Companies specializing in a specific type of property (e.g., Property management is still largely driven by personal contacts and business relationships.

Property Manager

MRI Software

APRIL 1, 2025

Exclusive use spaces, such as patios or storage units, are for specific owners but still managed as part of the shared property. Proper planning and legal documentation are critical to making this transformation a success. This approach allows you to maximize your propertys potential while adapting to changing market conditions.

IT

MRI Software

MAY 31, 2025

That alone could reduce your rental income and put extra pressure on your budget. Having clear documentation makes your case much stronger. This usually happens early in the process to confirm the propertys condition. Either way, its important to check your loan documents so you know whats expected.

Contractors