Yardi Breeze

NOVEMBER 1, 2024

BOMA International: Building Owners & Managers Association Founded in 1907, BOMA is a property management association for commercial real estate professionals. NARPM: National Association of Residential Property Managers Like its name suggests, NARPM is a professional organization for residential real estate professionals.

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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. What do tenants typically expect from residential property managers? Tenants have certain needs that they expect their property managers to meet.

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MRI Software

DECEMBER 2, 2024

Below, well break down the critical components of a residential leasing and property management agreement. Understanding these elements will help protect your investment and create a strong working relationship with your property manager. What is a residential property management agreement?

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MRI Software

DECEMBER 15, 2024

Thats where unoccupied residential property insurance comes inits designed to protect your investment when your property isnt actively in use. This guide breaks down everything you need to know about unoccupied residential property insurance and how to choose the right policy. What is unoccupied property insurance?

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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. PropTech has been one of the useful residential property tech trends for fraud prevention.

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Esquire Property Management Group

FEBRUARY 2, 2025

Finding and hiring the correct property manager to manage your rental property can make all the difference in the world for landowners and investors – this is true for both commercial and residential property. In order to successfully own investment property, property managers are necessary partners.

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Fourandhalf

AUGUST 22, 2024

Specific Needs for Single-Family Property Management Single-family property management often comes with unique requirements compared to multi-family or commercial properties. These might include individual lease agreements, tailored maintenance schedules, and personalized tenant communication.

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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?

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MRI Software

FEBRUARY 5, 2025

Enhanced Resident Communication and Support AI powers Chatbots and virtual assistants which have become indispensable for property staff, websites, and leasing offices. This is particularly effective for leasing strategies and marketing campaigns. This issue doesnt ever diminish; its a natural predator for the industry.

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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?

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McKee Properties

FEBRUARY 10, 2025

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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Buildium

OCTOBER 23, 2024

And they’re challenged to exceed customers’ expectations by balancing the right technology with a human touch—all while keeping up with evolving market conditions and property management industry trends. Enhance Tenant Screening and Retention: Implement robust screening procedures while maintaining competitive rent levels.

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MRI Software

APRIL 4, 2025

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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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. In this guide, we explain how to maximize residential property occupancy.

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MRI Software

MARCH 25, 2025

Property managers are turning to AI leasing assistants to simplify operations, improve tenant experiences, and streamline lead management. As automation becomes more advanced, these tools are changing the way leasing teams interact with prospects and residents. What is multifamily leasing assistant?

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Property Management Inc.

FEBRUARY 14, 2025

Why Partnering with PMI is a Game-Changer Why Property Owners Need Professional Residential Management Managing a rental property involves more than just collecting rent. From ensuring you follow lease agreements to handling unexpected maintenance requests , the tasks can quickly pile up.

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Landlord Real Estate Property Management Property Manager 40

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?

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MRI Software

AUGUST 5, 2024

In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties. The rise of multifamily technology Multifamily technology is changing how properties are managed and how tenants interact with their homes. What is multifamily technology?

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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.

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Real Property Management Choice

AUGUST 2, 2015

Be very careful on the tenant selection and agreed lease term. Because once we sign the lease, it is a binding agreement. Depending on the city and local regulation, it may not be that easy to get undesired tenants out of the property, once we put them in the property. Call 310) 984-9518.

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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.

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MRI Software

APRIL 2, 2025

Multifamily office management with MRI Software Managing real estate assets efficiently requires the right tools and technology to streamline daily operations.

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Real Property Management Choice

NOVEMBER 21, 2022

We provide a comprehensive, full-service property management system for single-family rentals, multiplexes, and small apartment buildings. We are a trusted nationwide residential property management company for thousands of owners, investors, banks, and other institutions.

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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?

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California Pacific Realty

NOVEMBER 21, 2024

Once they receive applications, property managers conduct a detailed screening process, which includes background checks, credit reports, and rental history verification, to ensure the tenants are trustworthy and have sound financial standing. Types of Property Managers Residential Property Managers.

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MRI Software

DECEMBER 12, 2024

Benefits of tenant default insurance Tenant rent default insurance is one of the key pillars of residential property management , offering peace of mind and financial stability for landlords. Deductibles: Most policies require landlords to cover one months rent before reimbursement begins.

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Real Property Management DC Metro

AUGUST 24, 2012

The program is designed to reward real estate agents with both referral fees and more listings when they partner with their local Real Property Management office. For more information about Real Property Management, property management, visit www.realpropertymetro.com.

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Real Property Management Choice

AUGUST 2, 2015

Although the documents can vary depending on the property type, jurisdiction and other circumstances, these 7 documents below is every landlord should have on file. LEASE AND ADDENDUMS The lease is obvious. We offer premium leasing services and monthly professional property management at unbeatable price and flexible terms.

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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.

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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.

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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.

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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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Real Property Management Choice

MARCH 28, 2024

Good tenant screening is the most important part of protecting your investment property. The right residents pay rent on time, take care of the rental property, follow the terms of the lease agreement, and communicate openly and transparently. You need to have a record of who is living at the property.

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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.

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Buildium

APRIL 23, 2025

Disclaimer: This post is intended to inform property managers on how to write a lease agreement for an apartment and does not constitute legal advice. What Is a Lease Agreement for an Apartment and Why Does It Matter? If the tenant wishes to stay after the lease expires, you can renegotiate the terms.

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Authority Property Management

MARCH 3, 2022

Most importantly, make sure they are a member of professional associations like the National Association of Residential Property Managers and check their rating with the Better Business Bureau. A Bulletproof Business Strusture Property owners value peace of mind, and they want to be sure their investment is safe.

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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.

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