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Lease Admin Nightmares: Ep 1 – The $100K Mistake You’ll Never Forget

MRI Software

The details are anonymized, but the takeaway is all too real. Rent was due, and a regional team member received an invoice from the landlord. The rent had already been paid automatically. What to Take Away Rent is often one of the largest recurring costs a company carries. Need help getting ahead of rent payment risk?

Lease 52
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Why It’s Never Been Harder to Be a Landlord

American Apartment Owners Association

Meanwhile, inflation has made it harder for tenants to absorb rent increases, leaving landlords in a precarious position. Add to this the rising costs of maintenance, utilities, and taxes, and it becomes clear that the financial burden on landlords has grown significantly.

Landlord 130
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Why It’s Never Been Harder to Be a Landlord

American Apartment Owners Association

Meanwhile, inflation has made it harder for tenants to absorb rent increases, leaving landlords in a precarious position. Add to this the rising costs of maintenance, utilities, and taxes, and it becomes clear that the financial burden on landlords has grown significantly.

Landlord 130
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Multifamily property lease audits: Best practices for landlords

MRI Software

They allow landlords to identify discrepancies in rent payments, lease terms, or operational policies that could lead to financial risks. Check for key details like rent amounts, lease durations, tenant names, and signatures to ensure they align with your rent roll. What is the purpose of lease audits?

Lease 52
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What is effective gross income: A landlord’s guide to boosting profitability in multifamily properties

MRI Software

Renovating units to modern standards can justify higher rents. Improving the property’s appeal through these upgrades can increase occupancy rates and justify higher rents. Offering short-term leases or furnished units can also boost rental income, as these options often command higher rents.

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How to Become a Property Manager: 8 Steps to Kickstart Your Career

Tokeet

Covers topics such as tenant relations, property maintenance, and legal aspects of property management. Relevant Courses and Certifications Certified Property Manager (CPM) : Offered by the Institute of Real Estate Management (IREM). Recognized globally as a mark of excellence in property management.

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12 Tasks for Property Management Automation

Second Nature

Property management automation refers to using technology and software to automate various tasks and optimize processes related to managing properties. Both are chatbot-type tools that help automate things like rent collection by automating communication about delinquency and the follow-up process.