Remove Applications Remove Property Management Services Remove Tenant Management
article thumbnail

Understanding the Pros and Cons of Hiring a Property Management Company

Real Property Management Enterprises

Time Savings: One of the key benefits of hiring a property management company is time-saving. Property managers are professional specialists who oversee tenant applications, rent collection, maintenance requests, and more. It’s crucial to consider both aspects before making a decision.

article thumbnail

AI risk management in commercial property management

MRI Software

As a leader in developing commercial real estate software , MRI Software provides tools that help property managers navigate the complexities of AI real estate marketing and multifamily AI applications. AI risk management is crucial for maintaining transparency, security, and efficiency in property operations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Maximize Income on Multifamily Properties in San Gabriel Valley, CA

InveServe

Insight : Industry studies reveal that well-maintained common areas and updated unit interiors are among the top reasons tenants renew their leases, reducing turnover and vacancy costs. Offer Lease Incentives : To encourage quicker lease-ups, provide promotions such as discounted first-month rent or referral bonuses for current tenants.

article thumbnail

New Jersey Laws for Rent Increases: When to Do it and How Much

Property Management Inc.

These laws often limit how much you can increase rent to protect tenants from costly price increases. Upon lease renewal: When a tenant decides to renew their lease , the new rental rate must still follow any applicable rent control laws. Services include: Understanding local rent control ordinances and ensuring compliance.

Rent 40