Buildium

APRIL 23, 2025

In this blog, well explore how leasing should fit into your broader property management priorities, how to divide your attention between different tasks, and tools you can use to make the job easier while performing at an even higher level. Its the process that keeps your property full and generating income.

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Buildium

JUNE 12, 2025

They often come with mobile capabilities so managers, tenants, and vendors can communicate and act quickly, especially when on the go. Maintenance apps are distinct from other software you might already be using. Many of the other software on this list, including Clyr® , Inspectr® , and Property Meld® are already Marketplace partners.

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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. What is landlord residential insurance?

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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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Property Manager Property Management Residential Property Management Residential Property Management 52

BetterWho

NOVEMBER 20, 2024

Embrace Technology to Drive Growth Technology is a powerful tool for any property management company aiming to scale. Investing in property management software can simplify tasks like rent collection, maintenance tracking, and tenant communication.

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MRI Software

DECEMBER 10, 2024

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? Well explain the benefits of conversions, the steps involved, and the ongoing management required. Did you know that the U.S. million homes?

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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? You know properties arent always full, and unexpected repairs happen.

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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

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.

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Tokeet

AUGUST 12, 2024

Provides advanced training in property management, including financial management, risk management, and resident retention. Residential Management Professional (RMP) : Offered by the National Association of Residential Property Managers (NARPM).

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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. – Economic Occupancy delves deeper into the financial performance of the property.

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Residential Property Management Residential Property Management Rental Income Residential Property 52

MRI Software

FEBRUARY 25, 2025

Multifamily properties account for over 40% of rental units in the United States, making them a significant part of the real estate market. Managing these properties effectively requires more than just collecting rent; it involves strategic planning, financial oversight, and operational efficiency.

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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.

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MRI Software

MARCH 25, 2024

To accurately assess the economic occupancy of a rental property, follow these simple steps: Determine gross potential rent (GPR): Start by calculating the total income the property could generate if all units were leased at fair market rates. Multiply the number of units by the market rent for each unit.

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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

APRIL 3, 2025

Some leases attract stable, long-term tenants, while others allow for frequent rent adjustments based on market demand. Knowing which lease best fits your property and business goals helps you reduce vacancies, manage tenants effectively, and increase overall rental success. Landlords have less control over who sublets the unit.

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MRI Software

FEBRUARY 9, 2025

Residential management fees are payments property owners make to management companies for overseeing their rental properties. These fees typically cover essential tasks like tenant screening, rent collection, and property maintenance. These can significantly impact your overall cost.

Rental Management 52

Rental Management Management Rental Income Property Manager 52

MRI Software

FEBRUARY 8, 2025

A master lease agreement for multifamily is a legal contract where a property owner leases an entire property to a tenant, granting them management control without ownership. The master tenant can sublease units, collect rent, and handle operations, while the landlord enjoys a fixed income.

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McKee Properties

FEBRUARY 10, 2025

However, ensuring the success of your real estate investment often hinges on choosing the right property manager. 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.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

SEPTEMBER 8, 2024

An overview of multifamily housing in detail Multifamily housing encompasses various residential properties designed to accommodate multiple families or individuals. These properties include apartment complexes, duplexes, and townhomes, each catering to different demographics.

Real Estate 52

Real Estate Property Manager Property Management Landlord 52

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 52

Property Insurance Property Manager Property Management 52

MRI Software

DECEMBER 5, 2024

Loss of rental income insurance is a type of coverage that helps landlords recover lost rent if their property becomes uninhabitable due to an insured event, like fire or water damage. Some policies will pay for lost rent even if the property was vacant at the time of damage, making it useful for landlords between tenants too.

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MRI Software

MARCH 22, 2025

Tools like Google Analytics, property management software, and social media insights help measure the effectiveness of your campaigns. Organizing occupancy with MRI Software MRI Software offers multifamily property management software that streamlines marketing, simplifies leasing, and enhances tenant satisfaction.

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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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Property Manager Property Management Management Property 52

Esquire Property Management Group

OCTOBER 12, 2024

Convert a Rental Property Previously Acquired Through a 1031 Exchange : If you’ve used a 1031 exchange to acquire a rental property, you must live there for five years to qualify for Section 121, but you only need to occupy it for two of the last five years before selling. Use a 1031 exchange to invest in a new property.

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Rental Property Rental Income Commercial Property Professional Property Management 52

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 52

Real Estate Commercial Property Finance Rental Income 52

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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IT Real Estate Finance Applications 52

Second Nature

OCTOBER 18, 2024

How to Value a Property Management Company: Contributing Factors Several factors help determine the value of a property management company, including revenue, profit margins, average rents, portfolio diversity, growth potential, and more. These are often driven by low average rents and high labor costs.”

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Property Manager Property Management Management Property 52

Buildium

APRIL 23, 2025

Leasing is at the heart of a thriving residential property management business. How Tenant Screening Fits into Property Management Leasing When it comes to leasing, your tenant selection process is the first line of defense. Keep in mind, though, that each property and situation is unique.

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Lease Property Manager Property Management Lease Agreement 130

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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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. of one months rent. How is your cash flow?

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Property Manager Property Management Management Property 52

MRI Software

JUNE 3, 2025

This blog will break down multifamily property management fees, including fixed, percentage-based, and variable costs, and explain how to budget for them effectively. Youll also learn about the factors that influence these fees and how the right property management software can help you reduce expenses.

Property Manager 52

Property Manager Property Management Fixed Fee Management 52

MRI Software

MAY 6, 2025

Many STRs also fall outside rent control restrictions, giving property owners greater flexibility in setting rental rates. Some municipalities impose rental caps, limiting how many nights a unit can be rented per year. For landlords, STRs present an opportunity to generate higher profits compared to traditional leases.

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