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. Here’s a comprehensive guide on how to grow your property management business and thrive in this competitive industry.

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Rent Manager

OCTOBER 28, 2024

Artificial Intelligence (AI) is emerging as a transformative force in residential property management, offering unprecedented opportunities to enhance efficiency, improve resident satisfaction, and gain a competitive edge.

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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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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. Why is it important to have landlord insurance?

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Tokeet

AUGUST 12, 2024

How to Become a Property Manager: 8 Steps to Kickstart Your Career According to the U.S. 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.

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MRI Software

AUGUST 5, 2024

As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties. What is multifamily technology?

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McKee Properties

FEBRUARY 10, 2025

With its thriving economy, vibrant urban life, and steady demand for rentals, the area offers numerous opportunities for property owners, whether they’re focused on Downtown San Diego home rentals, apartment rentals, or growing their real estate portfolios. A good property manager ensures compliance, avoiding costly legal disputes.

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Second Nature

JANUARY 29, 2025

There are as many different perspectives on property management business plans as there are different PM businesses. You may be new to the property management industry, have been managing properties for years and are ready to start your own business, or own a property management company but are looking for greater investment.

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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

DECEMBER 13, 2023

For property managers and management companies, staying ahead of these trends is crucial for success and growth. Multifamily property management software is a digital tool designed to streamline and enhance the operations of managing apartment complexes and other multifamily properties.

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Second Nature

OCTOBER 18, 2024

Putting a precise figure on the value of a property management company can be challenging, given the changeable nature of the market. Today, we’ll be discussing how property management company value is calculated, with an assist from Jock McNeill, VP of Acquisitions at PURE Property Management.

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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. – Physical Occupancy measures the proportion of units that are occupied in a property.

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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.

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MRI Software

DECEMBER 12, 2023

Understanding multifamily properties in today’s real estate market is essential for investors and property managers. For investors, these properties present lucrative opportunities for diversifying portfolios and securing long-term income streams. What is a multifamily property? Who are multifamily homes best for?

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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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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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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.

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MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. An overview of multifamily housing in detail Multifamily housing encompasses various residential properties designed to accommodate multiple families or individuals.

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MRI Software

FEBRUARY 9, 2025

Managing rental properties can be time-consuming, which is why many property owners turn to property management companies for help. This guide will take you through calculating residential rental management fees, exploring common fee structures, and optimizing your costs for maximum profitability.

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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. Allows for better financial planning and property management.

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MRI Software

MARCH 25, 2024

Economic occupancy is a crucial metric often discussed in property management and investment. Conversely, a lower economic occupancy may signal inefficiencies in property management, leasing strategies, or market conditions. appeared first on MRI Software. What if my economic occupancy is over 90%?

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MRI Software

FEBRUARY 8, 2025

They also provide opportunities for tenants to negotiate future control or ownership of the property. Management responsibilities: The master tenant typically manages subleasing units, rent collection, and property maintenance.

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MRI Software

MARCH 22, 2025

Keeping your multifamily property fully occupied requires more than just a great location, it takes strategic marketing and consistent engagement. For property managers and landlords, maintaining high occupancy ensures steady income, reduces turnover costs, and strengthens long-term profitability.

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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.

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MRI Software

SEPTEMBER 2, 2024

According to a recent survey , 78% of residents prioritize customer service when choosing where to live​ Ensuring a great experience from the first day can set your properties apart. Strategies and techniques for building a brand identity for multifamily properties Branding is essential for multifamily residential property management.

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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.

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MRI Software

JUNE 25, 2024

From predictive analytics to personalized campaigns, AI integrates easily with real estate software to enhance efficiency and effectiveness. Whether you’re using residential property management software or other real estate software solutions , AI-driven tools can provide a competitive edge.

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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.

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Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. Let’s walk through the challenges property managers face and the best ways to tackle them head-on. Drafting Lease Agreements That Make Property Management Leasing Easy A solid lease agreement protects both you and your tenants.

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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.

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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.

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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.

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Buildium

APRIL 7, 2025

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 management software such as Buildium can help you prep your properties for wildfire season.

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Second Nature

DECEMBER 16, 2024

Property Management profitability is, of course, how much money a property management company keeps of their revenue after their expenses. The big question is: How do property management companies increase profitability? How do Property Management Companies Make Money? Seeing whats possible.

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