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A landlord’s guide to the different types of residential lease agreements

MRI Software

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?

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How to Choose a Property Manager in Bay Park

McKee Properties

Builds Long-Term Tenant Relationships Property managers make your tenants feel heard. From speedy maintenance resolutions to proactive communication, their professional expertise ensures tenant satisfaction and lease renewals. Contact us today to discuss how we can simplify property management for your needs.

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How to create a resident-focused multifamily marketing plan

MRI Software

Renters today expect more than just a place to live, they want convenience, community, and a seamless leasing experience. With competition increasing, property managers must go beyond simply listing vacancies and instead focus on creating a resident-first marketing strategy.

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Economic occupancy vs. physical occupancy

MRI Software

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? What is a typical physical occupancy rate?

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What are occupancy costs?

MRI Software

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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How to Become a Property Manager: 8 Steps to Kickstart Your Career

Tokeet

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.

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Can you rent out commercial property as residential? Key considerations for landlords

MRI Software

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.