Property Management Inc.

FEBRUARY 14, 2025

Why Partnering with PMI is a Game-Changer Why Property Owners Need Professional Residential Management Managing a rental property involves more than just collecting rent. PMI's professional residential property management takes those responsibilities off your plate.

Landlord

MRI Software

DECEMBER 3, 2024

Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming.

Residential Property Management

MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. This is especially true when you rely on that income to cover mortgages, maintenance, and other expenses. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent.

Rental Income

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

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?

Commercial Property

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.

Property Manager

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. A rate close to 93.8% What is a typical economic occupancy rate?

Residential Property Management

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

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

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

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 are often based on property size and complexity.

Rental Management

Real Property Management Choice

AUGUST 2, 2015

Follow strict policies and procedures from applicant screening to rent collection. We don’t just qualify an applicant to get the property rented faster. If they don’t do that now when they’re trying to be the best possible applicant, how are they going to be when they are supposed to pay their rent?

Tenant

MRI Software

MARCH 26, 2025

These investments let you benefit from rental income and property appreciation without the headaches of active property management. By pooling funds with other investors, you can access larger deals and focus on earning rather than managing.

Rental Income

MRI Software

MARCH 20, 2025

Unlike single-family properties, multifamily investments generate income from multiple households, reducing reliance on a single tenant. High home prices and interest rates have made renting a more attractive option for many families, driving demand for multifamily units.

Apartment

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.

Rental Income

Authority Property Management

MARCH 3, 2022

Most importantly, make sure they are a member of professional associations like the National Association of Residential Property Managers and check their rating with the Better Business Bureau. A Bulletproof Business Strusture Property owners value peace of mind, and they want to be sure their investment is safe.

Property Manager

Real Property Management Choice

MARCH 28, 2024

Good tenant screening is the most important part of protecting your investment property. The right residents pay rent on time, take care of the rental property, follow the terms of the lease agreement, and communicate openly and transparently. You want to be sure your tenants can afford the rent. Do the math.

Tenant

MRI Software

OCTOBER 23, 2023

This technology reduces risk through various functions, including ID verification, insurance management, and tenant screening. In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time. What is Multifamily AI?

Property

MRI Software

APRIL 2, 2025

Multifamily office management with MRI Software Managing real estate assets efficiently requires the right tools and technology to streamline daily operations. Learn more Want to learn more about the latest from MRI? Join us for MRI Innovation Days to see how MRI Software’s technology is changing the game!

Real Estate

MRI Software

MARCH 24, 2025

Proper management increases rental income and preserves the propertys value, benefiting all investors involved. Generating returns for investors Investors receive returns through two primary channels: rental income and property appreciation.

Real Estate

Real Property Management Choice

AUGUST 2, 2015

COMMUNICATIONS Any written communication between you and your tenant—including letters, notes sent along with the rent check and emails—need to be filed. This also applies to written communication between you and other parties for any property related issues.

Landlord

MRI Software

MARCH 22, 2025

Maintaining strong multifamily occupancy rates is key to long-term financial stability, and strategic marketing efforts help minimize vacancies while ensuring steady rental income. Property valuation Higher occupancy rates enhance your propertys market value by demonstrating consistent demand and financial performance.

Media

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

MRI Software

MAY 6, 2025

This blog will dive into why STRs are growing in popularity, the benefits and challenges they bring, and how to manage them effectively. Multifamily property owners are shifting toward STRs to maximize rental income and reduce vacancy rates.

Property