article thumbnail

Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

This guide will walk you through everything you need to know about tenant default insurance. From how it works and why its crucial, to tips on choosing the best policy, youll gain the insights needed to protect your rental income and stay ahead of unexpected tenant defaults. What is tenant default insurance?

article thumbnail

Stessa vs Buildium: Which software is best for you in 2025?

Buildium

Mobile Apps Mobile-friendly software helps you and your tenants manage tasks on the go. A strong mobile app should support rent payments, maintenance requests, document uploads, and tenant screening. This makes it easier for property managers to stay responsive, even outside the office.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guide to Rental Bookkeeping

ADDA

Expense Management Managing expenses is equally important. ADDA is UAE’s leading property accounting software that will not only facilitate tenant management but will improve overall value and longevity of your property. Contact us on adda.ae/contact. The post Guide to Rental Bookkeeping appeared first on ADDA BLOG.

article thumbnail

What’s the best property management maintenance app? 6 of the top options

Buildium

Like Buildium, Propertyware’s capabilities extend beyond maintenance, with tools for marketing, accounting, tenant screening, and providing dedicated tenant and owner portals. An additional feature worth mentioning is their landlord insurance program, AssetProtect.

article thumbnail

Commercial real estate risk management: A strategic approach for investors

MRI Software

Common operational risks include: Property maintenance issues: Poor or delayed maintenance can lead to costly repairs, tenant dissatisfaction, and potential legal liabilities. Tenant management challenges: Issues such as tenant turnover, rent defaults, or disputes can disrupt cash flow and increase management costs.

article thumbnail

Property Management KPIs You Should Track

MRI Software

Rental Arrears Refers to tenants who have missed rent payments or paid late. Monitoring this KPI is essential for assessing financial health and tenant reliability. High arrears may indicate issues with tenant management or financial stability, necessitating timely action to address payment problems and reduce revenue loss.

article thumbnail

California Laws to Know Before Investing In Rental Real Estate

Real Property Management California Coast

It’s but natural that when many beginning El Segundo investors decide to put money into a single-family rental property, what they generally think about are the operational aspects of the investment: finding tenants, managing property maintenance, and collecting rent.