Remove Applications Remove Rental Income Remove Residential Property Management
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Why partnering with residential management services is essential for landlords

MRI Software

Whether youre managing a single property or an extensive portfolio, these insights will help you streamline operations and achieve your goals. Lets dive into how residential property management companies can simplify your life and maximize your returns. What are residential management services?

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How to keep LA tenant eviction rate to Zero!

Real Property Management Choice

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?

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Multifamily syndication returns explained: IRR, cash-on-cash, and equity multiples

MRI Software

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.

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How to Maximize Your Residential Rental Property Occupancy Rate

MRI Software

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. In this guide, we explain how to maximize residential property occupancy.

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A Comprehensive Guide to Tenant Screening in California: Protecting Your Property Investment

Real Property Management Choice

Also, you have to follow all fair housing laws and screen all applicants consistently and against the same criteria. 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.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

APPLICATION You should also keep the tenant’s rental application on file, for two reasons. First, if the tenant disappears owing you money, the application can provide information, such as his Social Security number or employer’s phone number, that could help you track him down for payment.

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A step-by-step approach to calculating residential rental management fees for multifamily units

MRI Software

Each of these approaches has pros and cons based on your property’s specific needs, especially when calculating typical residential property management fees. Percentage-based vs. flat fees Percentage-based fees are calculated as a percentage of your monthly rental income, typically ranging from 5% to 10%.