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. What is physical occupancy? How to calculate physical occupancy? A rate close to 93.8%

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Tokeet

AUGUST 12, 2024

Recommended Degrees Business Administration : Focuses on essential business skills, including management, marketing, and finance, which are crucial for property managers. Provides a broad understanding of business operations, making it easier to handle the diverse tasks involved in property management.

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MRI Software

DECEMBER 10, 2024

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? Prime locations: Downtown properties, once used as offices, can attract renters with their proximity to amenities. Add showers or bathtubs to existing restrooms.

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MRI Software

OCTOBER 12, 2023

Keeping up with the latest residential property tech trends can be difficult, but understanding the technologies that are popular today can help your organization stay ahead of the competition. This pre-emptive approach ensures that property businesses are always a step ahead of fraudsters.

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MRI Software

APRIL 3, 2025

Understanding the different lease types ensures you maximize profitability while maintaining control over your property. Knowing which lease best fits your property and business goals helps you reduce vacancies, manage tenants effectively, and increase overall rental success.

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MRI Software

JUNE 25, 2024

From predictive analytics to personalized campaigns, AI integrates easily with real estate software to enhance efficiency and effectiveness. Whether you’re using residential property management software or other real estate software solutions , AI-driven tools can provide a competitive edge.

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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. For instance, if your multifamily property generates $15,000 in monthly rent, a 7% fee would cost you $1,050.

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MRI Software

OCTOBER 23, 2023

Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo Utilizing multifamily property management software with multifamily AI can significantly enhance the safety and security of your properties. What is Multifamily AI?

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MRI Software

NOVEMBER 4, 2024

Property taxes: These vary based on location but are a significant portion of your overall expenses and should be factored into long-term budgeting. Property management software can be an excellent tool for automating this process and providing detailed reports that help you make informed decisions.

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McKee Properties

FEBRUARY 10, 2025

With its thriving economy, vibrant urban life, and steady demand for rentals, the area offers numerous opportunities for property owners, whether they’re focused on Downtown San Diego home rentals, apartment rentals, or growing their real estate portfolios. Compare costs but also consider the value added by quality service.

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MRI Software

DECEMBER 5, 2024

Loss of rental income insurance is a type of coverage that helps landlords recover lost rent if their property becomes uninhabitable due to an insured event, like fire or water damage. Loss of rental income insurance kicks in when your property suffers damage from an insured peril, such as a fire or a severe storm, and becomes uninhabitable.

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MRI Software

MARCH 22, 2025

Keeping your multifamily property fully occupied requires more than just a great location, it takes strategic marketing and consistent engagement. For property managers and landlords, maintaining high occupancy ensures steady income, reduces turnover costs, and strengthens long-term profitability.

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MRI Software

SEPTEMBER 2, 2024

When it comes to branding multifamily properties, consider the following: Logo and visual elements Logo and visual elements are crucial as they create the first impression. Strategies and techniques for building a brand identity for multifamily properties Branding is essential for multifamily residential property management.

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Second Nature

JANUARY 29, 2025

You may be new to the property management industry, have been managing properties for years and are ready to start your own business, or own a property management company but are looking for greater investment. It provides details on your property management company and how you intend to operate it.

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MRI Software

FEBRUARY 8, 2025

These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties.

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MRI Software

JUNE 2, 2024

MRI Software are leaders in innovative real estate software and in this article, we explore how AI is reshaping residential property management software and real estate CRM solutions. Algorithmic biases can influence property valuations and recommendations, potentially disadvantaging certain groups.

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Esquire Property Management Group

OCTOBER 12, 2024

This exclusion does not apply to vacation or investment properties, making it crucial to understand its implications for your primary residence. While this provision doesn’t apply to primary residences directly, it can be leveraged if a primary residence is converted to a rental property.

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Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Let’s walk through the challenges property managers face and the best ways to tackle them head-on. Keep in mind, though, that each property and situation is unique.

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Buildium

APRIL 23, 2025

As a residential property manager, one of your most important responsibilities is selecting tenants who will pay rent on time and care for your property. It helps reduce risks, keeps you compliant with laws, and helps you find high-quality tenants who fit your properties.

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Second Nature

DECEMBER 16, 2024

Were sharing some of Daniels insights on property management profits and experiences weve gathered over years of working with property management companies across the country. In the most basic terms, property management companies make money through real estate investors paying for the services they offer.

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