MRI Software

DECEMBER 3, 2024

In this blog, we’ll explore the most important expectations of residential property management and how proactive management can enhance satisfaction. From communication and maintenance to leveraging technology, we’ll cover actionable strategies that can help you improve tenant retention and streamline your property management process.

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MRI Software

DECEMBER 15, 2024

During these periods, your property is more vulnerable to risks like theft, vandalism, or unnoticed maintenance issues. Thats where unoccupied residential property insurance comes inits designed to protect your investment when your property isnt actively in use. These risks can become expensive if left unchecked.

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MRI Software

DECEMBER 16, 2024

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. If youre renting out a residential property, protecting your investment isnt just smartits essential. It typically covers damage from events like storms, vandalism, and fires.

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MRI Software

FEBRUARY 5, 2025

Smart Maintenance and Predictive Analytics Maintenance! The never-ending to-do list plagues everyone from top execs to property managers, to the residents themselves. AI excels in the mundane and maintenance is a prime example. AI is revolutionizing how property managers handle maintenance with predictive analytics.

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MRI Software

JULY 1, 2025

The impact of disasters on multifamily properties Disasters cause widespread damage, disrupt tenant lives, and create costly repairs. Whether from natural causes like storms or structural failures such as fires and leaks, these events can severely impact a property’s safety and profitability.

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InveServe

MAY 8, 2025

Personal Property (Coverage C) This covers your own items used to service the rental, not the tenants belongings. While tenants need renters insurance for their items, landlord insurance protects your tools and maintenance equipment. Coverage amounts vary widely depending on location, property size, and risk exposure.

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Tokeet

AUGUST 12, 2024

Bureau of Labor Statistics , employment of property managers is projected to grow 7% from 2020 to 2030, reflecting the ongoing demand for skilled property managers in this field. Property management is a dynamic and rewarding field that offers various opportunities in real estate.

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MRI Software

DECEMBER 13, 2023

Multifamily property management software is a digital tool designed to streamline and enhance the operations of managing apartment complexes and other multifamily properties. It integrates various functions like resident screening, lease management, maintenance requests, and financial reporting into one platform.

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Mem Property Management

OCTOBER 13, 2024

“We are excited about showcasing our company and our New Jersey property management solutions, to the CAI-NJ community this year,” said Martin Laderman , founder and president of mem property management.

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MRI Software

DECEMBER 12, 2024

This is especially true when you rely on that income to cover mortgages, maintenance, and other expenses. Importance of tenant rent default insurance for landlords Landlords often depend on rent payments to cover their propertys mortgage, maintenance, and taxes. Did you know that around 15% of renter households in the U.S.

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MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

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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.

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Property Management Inc.

DECEMBER 12, 2024

It’s a balancing act involving financial management, property maintenance , community engagement, and legal compliance. For HOA boards, property owners, and community leaders, this can become overwhelming. Why Professional Property Management Matters 1. That’s where PMI Corporate steps in as the ideal partner.

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MRI Software

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

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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. But, it can also be an essential resource in the event of an emergency. Call 310) 984-9518.

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MRI Software

MARCH 22, 2025

Prioritizing strong marketing strategies for multifamily properties helps you maintain these benefits and avoid costly vacancies. Revenue stability A fully occupied property guarantees consistent cash flow, allowing you to cover expenses like maintenance, staffing, and utilities.

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Real Property Management DC Metro

AUGUST 11, 2023

You’re on the right track to depend on your rental income if it comfortably pays all of your bills, including your mortgage, property taxes, insurance, maintenance fees, and personal living expenses. A stable cash flow allows you to make additional investments in your properties or take advantage of additional income.

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Second Nature

APRIL 23, 2025

Event marketing If you're looking to grow your door count, you should also consider attending industry events to network with potential property management clients. If you're willing to invest the funds, you can also look into hosting your own networking events for real estate investors.

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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.

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Second Nature

OCTOBER 18, 2024

Growth potential can be in the form of the real estate market in the area, but also opportunities to grow the business with existing residential properties. Property management is still largely driven by personal contacts and business relationships. Maybe the issue is as simple as better systems, we can help with that.”

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Buildium

APRIL 7, 2025

If your units have central air, schedule HVAC maintenance and swap out old air filters. Encourage your residents to get insurance that will cover them in the event of a wildfire, as well. For the well-being of your business, property, and tenants, take steps today to prepare and you’ll be in a much better position down the line.

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MRI Software

MAY 6, 2025

Benefits and challenges of short-term rentals for property owners Short-term rentals can be a great way for property owners to increase revenue and maximize occupancy rates. Managing STRs comes with added responsibilities, from pricing strategies to guest turnover and maintenance.

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