MRI Software

OCTOBER 13, 2023

When applying for an apartment lease, applicants may provide a Credit Privacy Number (CPN). In this blog, we highlight what is a CPN apartment, how to apply for an apartment with a CPN, and the potential risks for landlords. Why use a CPN for an apartment? How can people apply for an Apartment with a CPN?

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MRI Software

DECEMBER 1, 2024

Managing an apartment complex is a significant financial responsibility, requiring careful attention to cost management to maintain profitability. This guide will explore essential strategies for effectively managing an apartment complex, from budgeting and cutting unnecessary expenses to maximizing revenue through smart management practices.

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MRI Software

MARCH 20, 2025

Investing in multifamily apartments is one of the most promising real estate strategies for landlords and property managers. This guide will give you everything you need to know about the key benefits and risks of multifamily apartment investing. What is multifamily apartment investing?

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MRI Software

SEPTEMBER 2, 2024

This guide will explore strategic branding techniques tailored for multifamily apartment marketing, helping you create a distinctive and memorable brand identity that resonates with your target audience. Multifamily branding involves creating a unique identity for your apartment properties. What is multifamily branding?

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MRI Software

DECEMBER 17, 2024

Apartment complex management software provides the streamlined, effective solutions you need to stay on top of daily tasks. Why is apartment complex management software important? Managing an apartment complex involves a wide range of tasks, from tenant communication to financial tracking.

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MRI Software

SEPTEMBER 12, 2024

households owning a pet, the demand for pet-friendly apartments is rapidly growing. Adding an apartment pet fee or an apartment pet deposit can attract more tenants to your properties and boost your income. What are pet and deposit fees in multifamily apartments? How much are pet fees in apartments?

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MRI Software

SEPTEMBER 1, 2024

Upgrades can raise property values and increase rental income by making apartments more appealing with modern amenities and updated interiors. H2: Key factors influencing renovation costs of multifamily apartments There are various factors that influence the costs to renovate a multifamily property. Contact us today to learn more.

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MRI Software

SEPTEMBER 5, 2024

Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units. For example, an occupancy rate of 90% in a 50-unit apartment means that 45 units are occupied. What are multifamily occupancy rates?

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American Apartment Owners Association

SEPTEMBER 26, 2024

Schedule your demo nowto get started. By embracing change and leveraging platforms like Revela, property managers can boost efficiency, unlock new revenue streams and deliver better results for owners and tenants. With the right tools, strategies and support team, the future holds great opportunities. Curious about Revela?

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MRI Software

FEBRUARY 12, 2025

Properties with young families may benefit from topics like playground safety or childproofing apartments. Tailoring topics to community needs Customizing your safety topics based on property type and demographics keeps your meetings relevant and engaging. Senior-focused communities might prioritize emergency preparedness or fall prevention.

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Property Management Property Manager Management Property 52

ADDA

DECEMBER 20, 2024

Whether you manage a small neighborhood or a large apartment building, you will find a plan that fits your needs. Contact us today for a personalized demo and experience firsthand how our software can simplify your HOAs operations, streamline communication, and improve efficiency! Ready to see how ADDA can transform your community?

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American Apartment Owners Association

NOVEMBER 11, 2024

Schedule your demo now to get started. In this industry, it is not just about automating tasksit is about using technology to make wiser decisions, reduce costs, and deliver a superior experience for everyone involved. Curious about Revela? The post Stop Losing Time and Money: How AI Can Help appeared first on AAOA.

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Landlord Property Manager Property Management Maintenance 130

American Apartment Owners Association

OCTOBER 10, 2024

Schedule your demo now to get started. As market conditions continue to shift, adopting technology that fosters growth, operational efficiency, and tenant satisfaction is key to thriving in this new era of real estate management. Curious about Revela? The post Why It’s Never Been Harder to Be a Landlord appeared first on AAOA.

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American Apartment Owners Association

JANUARY 6, 2025

Schedule your demo now to get started. Our team at Revela is here to help you grow. We offer a full-service one-stop shop, including access to your tech platform as well as lending and insurance solutions. The post How to Grow Your Single-Family Real Estate Portfolio in 2025 appeared first on AAOA.

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Real Estate Single-Family Home Rental Income Finance 130

American Apartment Owners Association

OCTOBER 10, 2024

Schedule your demo now to get started. As market conditions continue to shift, adopting technology that fosters growth, operational efficiency, and tenant satisfaction is key to thriving in this new era of real estate management. Curious about Revela? The post Why It’s Never Been Harder to Be a Landlord appeared first on AAOA.

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MRI Software

AUGUST 5, 2024

Incorporating residential property technology trends is now essential to set your property apart from the competition. These spaces provide a dedicated area for tenants to work outside of their apartments, creating a stronger sense of community. Eco-friendly tenants are looking for homes that align with their values.

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MRI Software

MARCH 5, 2025

Being insured sets landlords apart in competitive rental markets and can lead to fewer disputes. Get a demo The post Do I need landlord liability insurance? Showing proof of insurance may make your property more attractive to potential renters. How much does landlord liability insurance cost?

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MRI Software

NOVEMBER 5, 2024

The four types of multifamily housing structures typically include duplexes, triplexes, garden-style apartments, and larger high-rise buildings. You’ll find everything from two-unit duplexes to massive apartment complexes, each catering to different lifestyles and needs. How do garden-style apartments fit into the multifamily category?

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MRI Software

AUGUST 2, 2024

In this guide, we will explore effective strategies for increasing recycling rates in apartments, condos, and other multifamily properties. Setting up a successful recycling program: Apartments, condos, and multifamily properties While there are challenges, you can still successfully implement a recycling program.

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MRI Software

AUGUST 2, 2024

Setting up an apartment complex recycling program is the first step; next, you need to educate your tenants. Increased participation supports the environment but also fosters a sense of community within the apartment complex. In this guide, we cover how to educate tenants about recycling. With sample letter!

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MRI Software

NOVEMBER 26, 2024

Consider a company leasing several apartments in bulk to accommodate traveling consultants or temporary staff. What is a corporate lease apartment? A corporate lease apartment is a fully furnished residential unit that businesses rent to accommodate their employees.

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MRI Software

AUGUST 1, 2024

Here’s what these fees entail: What is an amenity fee for apartments? An apartment amenity fee is a charge that you collect from tenants for the use of additional features and services within your multifamily property. What is a technology fee for apartments?

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MRI Software

AUGUST 6, 2024

IoT in property management IoT technologies are bringing exciting changes to property management for apartment complexes. Improved security Security IoT for apartments and condos provides real-time monitoring and alerts, enhancing the safety of your property. What is IoT? Interoperability is another issue you might face.

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MRI Software

SEPTEMBER 8, 2024

These properties include apartment complexes, duplexes, and townhomes, each catering to different demographics. Types of multifamily properties There are several types of multifamily properties, including low-rise and high-rise apartment buildings, duplexes, and townhomes. An in-depth exploration appeared first on MRI Software.

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Property Manager Property Management Real Estate Landlord 52

MRI Software

DECEMBER 13, 2023

Multifamily property management software is a digital tool designed to streamline and enhance the operations of managing apartment complexes and other multifamily properties. These include dedicated workspaces within apartments or communal areas, boosting Wi-Fi capabilities, and adding amenities like coffee bars and printing stations.

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MRI Software

DECEMBER 7, 2024

What sets the BRRRR strategy apart is the refinancing phase, where you leverage the property’s improved value to fund future investments. For example, if you rehab a small apartment building, youre not just relying on one tenantyou have several, which can spread risk and boost income.

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MRI Software

AUGUST 4, 2024

Key aspects landlords should consider in multifamily housing communities A well-rounded apartment community management plan is essential for creating a positive living environment for your tenants. Event organizing Organizing resident events in apartments and condos is an effective way to enhance community spirit.

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MRI Software

SEPTEMBER 11, 2024

The types of properties in this segment can include apartment buildings, rental homes with multiple units, and similar residential structures. Property types: Ranges from apartment buildings to rental homes with multiple units, offering a mix of unit types to meet different tenant needs.

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MRI Software

MARCH 24, 2025

Multifamily syndication is a group investment strategy where investors pool their resources to purchase large properties, such as apartment complexes or multi-unit buildings. Portfolio diversification Syndication lets you diversify your portfolio by investing in multifamily apartments or properties across different markets.

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Real Estate IT Apartment Rental Income 52

MRI Software

SEPTEMBER 15, 2024

Multiple investors come together to purchase large properties—like apartment buildings—that would be difficult for a single investor to buy alone. Consider a syndicate that invested in a 200-unit apartment complex in Austin, Texas, which appreciated by 30% over five years. What is syndication in multifamily real estate?

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MRI Software

SEPTEMBER 7, 2024

Multifamily property insurance is designed to protect residential buildings with multiple units, such as apartment buildings, townhouses, and condos. Whether you’re new to property management or a seasoned pro, this blog will equip you with the knowledge to safeguard your property and your finances. What is multifamily property insurance?

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MRI Software

JANUARY 29, 2024

What is the purpose of resident events for apartments? Resident events at apartments are fun for leasing staff and for the people who live in your community, but they also have tangible business benefits. Holding a free event at your apartment building doesn’t mean residents will automatically show up.

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MRI Software

OCTOBER 5, 2024

What sets generative AI apart from traditional AI is its ability to create original content rather than merely analyzing data to make predictions or automate tasks. FAQs Get a software demo Facilities Management Software Leading solutions for property occupiers, owners and service providers & contractors.

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MRI Software

DECEMBER 9, 2024

Co-working spaces for remote workers to get out of their apartments without leaving the building. Did you know that 82% of renters said they were more likely to rent an apartment with smart features like keyless entry, smart thermostats, or voice-controlled systems? Fast Wi-Fi is no longer a perkits a must-have.

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Property Manager Property Management Transportation Tenant 52

MRI Software

SEPTEMBER 13, 2024

This approach allows multiple investors to pool their resources to purchase and manage large properties, such as apartment buildings, condos, or townhomes. These properties typically include apartments, condos, or townhouses where multiple families can live. What is the definition of multifamily syndication?

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MRI Software

FEBRUARY 8, 2024

Offline Units: This refers to apartment units unable to drive revenue. Affordable Housing: Project Based Section 8: A form of affordable housing that offers rental subsidies to eligible residents living in newly constructed, rehabilitated, and existing rental and cooperative apartment projects. Each unit maintains its own entrance.

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MRI Software

DECEMBER 11, 2024

Imagine this scenario: a modular apartment building in Minnesota offers studio and one-bedroom units for $200-$300 below market rates. Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo The post How are modular homes addressing the multifamily supply problem?

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