MRI Software

DECEMBER 12, 2024

From how it works and why its crucial, to tips on choosing the best policy, youll gain the insights needed to protect your rental income and stay ahead of unexpected tenant defaults. Without tenant rent default insurance, youd not only lose that income but also face additional costs to replace the tenant.

Rental Income 52

Rental Income Insurance Landlord Tenant 52

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. So, what happens when an unexpected event, like a fire or storm, leaves your property temporarily uninhabitable and your rental income at risk?

Rental Income 52

Rental Income Insurance Landlord Rent 52

Property Management Inc.

FEBRUARY 14, 2025

Managing rental properties can feel overwhelming, especially for residential landlords juggling multiple commitments. That's where Property Management Inc. PMI) steps in—a trusted name in property management, offering tailored solutions to simplify your responsibilities and maximize your profits.

Landlord 40

Landlord Real Estate Broker Real Estate Property Manager 40

Authority Property Management

MARCH 3, 2022

The Great Depression came with the rise of the caretaker manager commonly known today as a property manager. At the time, banks were almost defunct and struggled with properties with little or no idea on how to manage them. Their ineptitude was justifiable because they were money managers, not caretakers.

Property Manager 52

Property Manager Property Management Management Property 52

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. What is physical occupancy? A rate close to 93.8%

Residential Property Management 52

Residential Property Management Residential Property Management Rental Income Residential Property 52

MRI Software

MAY 11, 2025

Unlike conventional loans, which evaluate personal tax returns and employment history, a DSCR loan for multifamily property is based entirely on rental income. As long as the property generates enough revenue to cover its debt payments, borrowers can qualify without showing W-2s or personal income statements.

Real Estate 52

Real Estate Finance Rental Income Residential Property Management 52

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.

Rental Property 52

Rental Property Residential Property Management Residential Property Management Property Management Software 52

Real Property Management Choice

AUGUST 2, 2015

As a property management company serving West Los Angeles and South Bay, one of frequent asked question from the property owners is how we kept our eviction rate at zero. We offer premium leasing services and monthly professional property management at unbeatable price and flexible terms. Call 310) 984-9518.

Tenant 52

Tenant Real Estate Broker Applicant Screening Applications 52

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.

Rental Management 52

Rental Management Management Rental Income Property Manager 52

MRI Software

DECEMBER 10, 2024

Benefits of renting commercial property as residential One of the biggest benefits of renting commercial property for residential use is the potential for higher rental income. Properties in urban centers or near transit hubs can attract tenants willing to pay premium rates.

Commercial Property 52

Commercial Property Landlord Rent Residential Property Management 52

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. Pros: Ensures consistent rental income without frequent vacancies.

Lease Agreement 52

Lease Agreement Lease Rental Income Landlord 52

MRI Software

MARCH 26, 2025

Multifamily syndications are a powerful way for passive investors to build wealth without the hassles of hands-on property management. These investments generate income through rental cash flow and long-term appreciation, making them an attractive option for those looking to grow their portfolios.

Rental Income 52

Rental Income Real Estate Property Manager Property Management 52

MRI Software

APRIL 2, 2025

Unlike traditional wealth managers who focus only on investments, these offices handle a wide range of financial services, including tax strategies, legal structuring, property management, and philanthropy. Learn more Want to learn more about the latest from MRI? Learn More The post What is a multifamily office?

Real Estate 52

Real Estate Residential Property Management Residential Property Management Residential Property 52

Real Property Management Choice

AUGUST 2, 2015

It’s not uncommon to get more than one application for a property, the American Bar Association, recommends keeping the applications for all prospective tenants on file, so you can show that you have a consistent, nondiscriminatory screening process in place should you ever have to defend against a Fair Housing lawsuit. Call 310) 984-9518.

Landlord 52

Landlord Attorney Applications Applicants 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

MARCH 20, 2025

Investing in multifamily apartments is one of the most promising real estate strategies for landlords and property managers. Multifamily properties provide financial stability and long-term growth opportunities, making them a reliable choice for building capital.

Apartment 52

Apartment Single-Family Home Finance Rental Income 52

Real Property Management Choice

MARCH 28, 2024

How do you protect your property and your rental income by placing the best possible residents? At Real Property Management Choice, we are careful with our screening process and thorough. Screening Steps You’ve shared the rental criteria and you’ve collected the rental applications as well as the application fees.

Tenant 52

Tenant Lease Agreement Applications Applicants 52

Esquire Property Management Group

OCTOBER 12, 2024

Make sure to hire a professional property management service to help lease and maintain your property. The answer is simple: you can use the rental income from your former primary residence to rent a new home during the “curing” period. Convert your primary residence to a rental for at least a year.

Rental Property 52

Rental Property Rental Income Commercial Property Professional Property Management 52

MRI Software

MARCH 24, 2025

Multifamily real estate syndication is one of the most effective ways to grow your wealth in real estate, offering access to larger properties and steady income streams. This investment strategy allows you to team up with other investors, making it easier to manage costs and maximize returns.

Real Estate 52

Real Estate IT Rental Income Apartment 52

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.

Apartment 52

Apartment Media Residential Property Management Residential Property Management 52

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.

Media 52

Media Property Management Software Tenant Lease 52

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 52

Property Manager Property Management Fixed Fee Management 52

MRI Software

MAY 6, 2025

Multifamily property owners are shifting toward STRs to maximize rental income and reduce vacancy rates. Successfully managing STRs requires careful planning, staying compliant with local regulations, and leveraging the right property management tools.

Property 52

Property Regulation Residential Property Management Residential Property Management 52

MRI Software

APRIL 1, 2025

You can sell a portion of the units to generate immediate profits while keeping others for long-term rental income. This approach allows you to maximize your propertys potential while adapting to changing market conditions. For landlords, this arrangement offers a more efficient and hands-off approach to property management.

IT 52

IT Property Single-Family Home Condominium 52

MRI Software

MAY 31, 2025

That alone could reduce your rental income and put extra pressure on your budget. Staying on schedule, utilizing multifamily management software, and addressing concerns early helps prevent those setbacks. In rare cases, serious failures could trigger foreclosure, but thats typically only if the loan is already at risk.

Contractors 40

Contractors Finance Rental Income Property 40