MRI Software

FEBRUARY 5, 2025

These properties can range from small duplexes to large apartment complexes, making them a versatile option for housing and investment. Multifamily properties differ from single-family homes, where one household occupies the entire building.

Property

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

American Apartment Owners Association

DECEMBER 2, 2024

Diversification: Owning multiple units in one property diversifies your investment portfolio, reducing the risk associated with single-family homes. Economies of Scale: Managing numerous units in one location can be more efficient, reducing maintenance and management costs per unit.

Real Estate

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 Management

InveServe

NOVEMBER 5, 2024

Investing in multifamily properties in San Gabriel Valley, CA, is an increasingly attractive strategy for expanding real estate portfolios and building long-term wealth. Unlike single-family homes, multifamily properties generate multiple rental incomes from a single investment, providing a stable revenue stream.

Single-Family Home

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

DECEMBER 8, 2023

We highlight their characteristics, preferences, and how you can attract and retain these tenants with multifamily property management software. The 5 types of multifamily renters Understanding the diverse needs and preferences of multifamily tenants is crucial for property managers.

Property Management Software

MRI Software

APRIL 19, 2024

Unlike single-family rentals, they can have higher vacancy rates. The initial investment and ongoing maintenance costs can be high. Profitability of apartment complexes Apartment complexes can provide impressive returns if managed well. This steady income can lead to a strong apartment complex profit margin.

Apartment

MRI Software

AUGUST 1, 2024

Hands-On Involvement and On-Site Presence Active property managers take on responsibilities akin to those of a landlord. Benefits of Active Property Management Engaging in active property management demands significant time and attention.

Property Management

MRI Software

DECEMBER 8, 2024

Unlike single-family homes, multifamily properties have multiple income streams, so theres more complexity involved. As you go through the underwriting process, your goal is to assess whether the property can generate enough profit to cover all costs. This streamlines property management and reduces human error.

Property

MRI Software

FEBRUARY 2, 2025

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. HOA fees are a standard part of condo ownership, covering costs for maintenance, amenities, and shared property management. is about $300.

Finance

MRI Software

DECEMBER 13, 2024

Accessory Dwelling Units (ADUs) are a fantastic way to make the most out of your property by creating additional housing options. While many people associate ADUs with single-family homes, theyre also an incredible opportunity for multifamily properties. What makes ADUs suitable for multifamily properties?

Single-Family Home

MRI Software

DECEMBER 5, 2024

Its like diversifying your income within a single property. For example, owning a 10-unit building means youre less affected by one tenant moving out compared to owning a single-family home. Youre dealing with multiple tenants, which can mean more maintenance requests, more paperwork, and more lease renewals.

Government

Real Property Management Choice

OCTOBER 3, 2024

You want to be sure they understand the market you’re in and how your property fits into that market. You wouldn’t hire a commercial property management expert to manage your single-family homes. So, why would you hire a property manager based in San Francisco to manage your Gardena rental property?

Property Management

Propertyware

NOVEMBER 11, 2021

Many property managers, however, didn’t experience a dip in business during the pandemic, particularly those who manage single-family homes. For those managers, 2022 may seem like the perfect time to set some aggressive goals.

Property Management

MRI Software

SEPTEMBER 15, 2024

We’ll also cover the risks, how to get started, and how real estate property management software could help you. The sponsor is the one who does the heavy lifting—finding the property, securing financing, and managing the day-to-day operations. What is syndication in multifamily real estate?

Real Estate

Appfolio

AUGUST 7, 2020

From collecting rent to facilitating repairs, as a property or community association manager, you juggle a lot when it comes to managing your business’ operations. Staying On Top of Property Maintenance. How to Provide Superior Property Maintenance Service. Maintenance Checklists by Season.

Property Maintenance

Second Nature

OCTOBER 18, 2024

A company that has well-documented processes, a strong team, and a healthy client base is easier to transfer to new ownership than a company lacking clear documentation, or that relies heavily on a single key employee. Specialization Companies specializing in a specific type of property (e.g.,

Property Management

Buildium

MAY 6, 2025

Theres a big difference between working with individual landlords who own single-family homes and managing larger community associations. Maintenance and Repairs: Lay out how you intend to handle managing maintenance tasks for the properties in your portfolio.

Property Management