Buildium

JUNE 12, 2025

Buildium at a Glance Buildium is a comprehensive property management platform designed for residential property management and association management companies of all sizes—from solo managers to large firms. You are using an outdated browser.

Property Management Software

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? Why Transition to Rental Property Investment? The best part?

Property Manager

Buildium

APRIL 23, 2025

But a successful property management strategy goes beyond filling vacancies. This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. Leasing and Property Management: Why It Matters Leasing is the lifeblood of residential property management.

Lease

Buildium

APRIL 23, 2025

As a residential property manager, your role bridges the gap between property owners and tenants, and how well you manage this connection can shape the experience of everyone involved. In this post, well walk you through the key areas of property leasing & management.

Lease

MRI Software

JULY 1, 2025

Conduct regular property inspections and maintenance Routine inspections help identify small issues before they turn into major disasters. 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.

Insurance

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

Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Maintenance Responsibilities: Clearly state who is responsible for what. This includes regular property upkeep such as lawn care, snow removal, and repairs. A clear division of responsibilities helps avoid misunderstandings.

Lease

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

Yardi Breeze

DECEMBER 6, 2024

We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. I manage a mixed-use property with commercial & residential units. How should I set up this property?

Property Management Software

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.

Residential Property

BetterWho

NOVEMBER 20, 2024

Growing a property management company is a rewarding yet complex journey. It requires balancing tenant relations, property maintenance, client satisfaction, and team management. Build a Stronger Team A well-structured team is critical to growing your property management company.

Property Manager

MRI Software

DECEMBER 16, 2024

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. If youre renting out a residential property, protecting your investment isnt just smartits essential. Contents coverage Contents coverage applies to items you own inside the property.

Residential Property

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? Why Transition to Rental Property Investment? The best part?

Property Manager

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.

Rental Property

Tokeet

AUGUST 12, 2024

Bureau of Labor Statistics , employment of property managers is projected to grow 7% from 2020 to 2030, reflecting the ongoing demand for skilled property managers in this field. Property management is a dynamic and rewarding field that offers various opportunities in real estate.

Property Manager

MRI Software

DECEMBER 13, 2023

Here are the trends you can expect to see in 2024 for multifamily housing: 1) Increasing use of PropTech One of the most significant trends in multifamily housing is the increasing adoption of Property Technology (PropTech), specifically multifamily property management software.

Property Management Software

MRI Software

FEBRUARY 25, 2025

Whether you’re a new landlord or an experienced investor, these insights will help you maximize your property’s potential. What is multifamily asset management? Multifamily asset management is the process of overseeing residential properties with multiple units to enhance their financial and operational performance.

Landlord

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

DECEMBER 12, 2023

Property managers with these properties in their portfolios will need to know how to navigate the unique challenges and rewards that come with managing homes for multiple families. What is a multifamily property? These units are designed for residential use, with each functioning as a separate home.

Single-Family Home

MRI Software

NOVEMBER 4, 2024

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.

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

FEBRUARY 9, 2025

These fees typically cover essential tasks like tenant screening, rent collection, and property maintenance. Think of these fees as an investment in your propertys long-term success. Multifamily properties often incur higher fees due to their complexity and the resources needed to manage them.

Rental Management

McKee Properties

FEBRUARY 10, 2025

A good property manager not only maintains the financial health of your property but also ensures tenant satisfaction by handling day-to-day tasks such as rent collection, maintenance, and compliance. A property manager efficiently handles these processes, saving you time and effort.

Property Manager

MRI Software

FEBRUARY 8, 2025

Financial arrangements: Common structures include gross leases, where tenants pay a fixed amount, and triple-net leases, where tenants cover property taxes, insurance, and maintenance. They also provide opportunities for tenants to negotiate future control or ownership of the property.

Lease Agreement

MRI Software

MARCH 25, 2024

Evaluating economic occupancy on a regular basis enables property owners and managers to gauge the property’s financial performance accurately and implement strategies to optimize revenue streams. In this case, it’s important to address concerns promptly, especially regarding maintenance issues.

Real Estate

MRI Software

MARCH 22, 2025

Prioritizing strong marketing strategies for multifamily properties helps you maintain these benefits and avoid costly vacancies. Revenue stability A fully occupied property guarantees consistent cash flow, allowing you to cover expenses like maintenance, staffing, and utilities.

Media

MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

Rental Income

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 Manager

MRI Software

AUGUST 29, 2024

There are different diversification strategies you can consider, such as: Residential and commercial mix: Investing in both residential and commercial properties can balance your portfolio. Residential properties tend to provide stable rental income, while commercial properties can offer higher returns.

Real Estate

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. AI in real estate is transforming the industry by enhancing efficiency, accuracy, and customer experience.

Real Estate

SparkRental

NOVEMBER 14, 2024

Who says you need a separate loan for every single property? As you scale your real estate portfolio, it can get tricky to borrow and manage individual loans for every residential property. It also limits your financing options and your ability to pull equity out of existing properties. Enter: blanket mortgages.

IT

Second Nature

OCTOBER 18, 2024

Growth potential can be in the form of the real estate market in the area, but also opportunities to grow the business with existing residential properties. Property management is still largely driven by personal contacts and business relationships. Maybe the issue is as simple as better systems, we can help with that.”

Property Manager

Buildium

APRIL 7, 2025

If your units have central air, schedule HVAC maintenance and swap out old air filters. Wildfire Preparation for Residential Properties If your renters need to leave, make sure that they know to close all windows and doors to reduce drafts in the building and remove radiant heat.

Property Manager

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. Could you engage property management software to help with bandwidth?

Property Manager

MRI Software

MAY 6, 2025

Benefits and challenges of short-term rentals for property owners Short-term rentals can be a great way for property owners to increase revenue and maximize occupancy rates. Managing STRs comes with added responsibilities, from pricing strategies to guest turnover and maintenance.

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 Manager