Buildium

MAY 15, 2025

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? Putting strong systems in place early makes scaling up much easier.

Property Management

MRI Software

JULY 1, 2025

Get ready technically: Move critical systems to the cloud with MRI Software Using residential property management software ensures that critical data is secure and accessible from anywhere. Cloud-based systems store lease records, emergency contacts, and maintenance logs safely, preventing data loss in disasters.

Insurance

MRI Software

JUNE 26, 2025

Across the exhibit floor, PropTech solutions touted AI agents that streamline operations, AI chatbots that accelerate leasing, and AI-powered business intelligence solutions that turn data into insights. AI Moves from Buzzword to Business Driver It turns out you really can’t spell ApartmentalIze without AI.

Property Management

Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Whether you’re handling a cozy multi-family building or a sprawling apartment complex, getting your leasing process down to a science can result in high occupancy, more consistent revenue, and better long-term relationships with tenants.

Lease

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.

Applications

Fourandhalf

AUGUST 22, 2024

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. There’s a pre-sale function and a post-sale function.

Property Management Software

MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. What is a master lease agreement?

Lease Agreement

MRI Software

APRIL 3, 2025

Choosing the right residential lease agreement is one of the most important decisions a landlord can make. The lease structure affects rental income stability, tenant turnover, and overall property management efficiency. What is the most common type of residential lease?

Lease Agreement

Buildium

MAY 15, 2025

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? Putting strong systems in place early makes scaling up much easier.

Property Management

MRI Software

OCTOBER 24, 2023

In residential property management, following up on leads and maximizing occupancy are crucial to the success of your multifamily community. While essential to the success of your property portfolio, maximizing resident occupancy can be challenging.

Rental Property

MRI Software

AUGUST 5, 2024

The rise of multifamily technology Multifamily technology is changing how properties are managed and how tenants interact with their homes. Integrating smart home devices and utilizing advanced residential property management software is now a standard expectation. What is multifamily technology?

Tenant

Tokeet

AUGUST 12, 2024

Courses typically cover real estate principles, property laws, and ethics. National Apartment Leasing Professional (NALP) : Provided by the National Apartment Association (NAA). Focuses on leasing practices, marketing, and customer service. Focuses on residential property management practices.

Property Management

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. How to calculate physical occupancy?

Residential Property Management

MRI Software

DECEMBER 10, 2024

Answering these questions helps ensure the property resonates with your target market. Safety considerations Safety compliance is a non-negotiable part of residential property management. You should also assess the propertys structural integrity, ensuring it can safely accommodate its new use.

Commercial Property

MRI Software

OCTOBER 12, 2023

As commercial real estate trends lean more towards sustainability, residential property managers are also thinking about how to reduce their carbon footprint. Learn more about how PropTech can help you address residential real estate property trends in this webinar.

Residential Property

MRI Software

NOVEMBER 4, 2024

Let’s take a look at these components in detail: Rent payments: This is the primary cost you’ll face, though it can also include extra fees, such as common area maintenance (CAM), depending on the lease agreement. By using data to highlight areas where you’re paying more than necessary, you can negotiate more favorable lease conditions.

Utilities

MRI Software

OCTOBER 23, 2023

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. What is Multifamily AI?

Property

MRI Software

MARCH 22, 2025

In this guide, well explore proven marketing strategies for multifamily properties to help you attract tenants, boost occupancy, and maximize the success of your multifamily properties. Whether youre leasing up a new development or working to retain long-term residents, marketing plays a crucial role in keeping your units filled.

Media

McKee Properties

FEBRUARY 10, 2025

By answering these questions, youll clarify whether you need a full-service company or one focused on limited tasks like tenant placement or lease agreements. Step 2: Search for Property Management Companies with Local Expertise When it comes to Downtown San Diego home rentals property management, local knowledge is indispensable.

Property Management

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.

Rental Management

MRI Software

SEPTEMBER 2, 2024

In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts potential residents but also significantly enhances property value.

Apartment

Second Nature

JANUARY 29, 2025

How to create a successful property management business plan Peter Lohmann , CEO of RL Property Management , lays out three critical steps for residential property managers looking to crystalize a successful business plan: Identify your ideal clients. Go out and find leads.

Property Management

MRI Software

DECEMBER 5, 2024

Manage your rental income with MRI Software’s powerful property management tools MRI Software offers a suite of multifamily property management solutions designed to make your life as a landlord easier.

Rental Income

Esquire Property Management Group

OCTOBER 12, 2024

Convert Your Primary Residence into a Rental Property – Golden Strategy : By moving out of your primary residence and renting it for at least a year, you can later sell it as an investment property, potentially benefiting from both Section 121 and 1031. This approach allows you to defer taxes and retain equity.

Rental Income

Second Nature

DECEMBER 16, 2024

The more value a PMC can drive for its property investors and residents, the more revenue they generate. We've worked with hundreds of residential property management companies and seen a wide variety of profitability levels, Daniel says. Next, leasing fees are extremely common. of one months rent.

Property Management

MRI Software

MAY 6, 2025

Travelers also prefer STRs over hotels because they offer more space, affordability, and access to shared amenities in multifamily properties. For landlords, STRs present an opportunity to generate higher profits compared to traditional leases. The key is finding the right balance to ensure tenant satisfaction and sustainable growth.

Property

MRI Software

JUNE 3, 2025

Managing a multifamily property comes with several costs, and failing to budget for them can quickly eat into your profits. On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology.

Property Management