American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Tenant Property Management Property Manager Lease 246

Buildium

JANUARY 22, 2025

This can include blog posts, articles, videos, infographics, and more. Putting Your Property Management Marketing Plan into Action Creating a property management marketing plan involves understanding your market and audience, setting clear goals, developing a thorough strategy, and continuously tracking and refining your efforts.

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Property Manager Property Management Management Media 130

MRI Software

DECEMBER 14, 2023

Multifamily property management software has transformed property management operations. This software enables property managers to streamline daily tasks, effectively manage revenue and expenses, and enhance tenant satisfaction.

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Property Management Software Property Management Property Manager Management 52

BetterWho

JANUARY 31, 2025

From streamlining operations to enhancing tenant experiences, AI tools offer transformative solutions for property managers who want to grow and future-proof their businesses. As a pioneer in AI innovation for property management, BetterWho is dedicated to helping you stay ahead of the curve.

Property Manager 130

Property Manager Property Management Management Property 130

Appfolio

MARCH 16, 2021

To paint a complete and honest picture of how communication breakdowns can lead to issues with motivation, a property manager wishing to remain anonymous shared the following concerns: “We don’t have open and effective communication at my company and what’s happening is some sort of competition between the different departments.

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Property Management Property Manager Management Property 289

American Apartment Owners Association

AUGUST 30, 2024

By shifting their perspective, savvy multifamily property professionals can position their assets for long-term success and competitive advantage. By identifying areas for expense reduction, you can free up funds for reinvestment opportunities like the ones mentioned later in this blog.

Lease 162

Lease Property Management Property Manager Maintenance 162

Appfolio

APRIL 13, 2020

From social distancing mandates to eviction bans, property management businesses across the country have had to change their workflows and policies to adapt to the constantly changing environment. The post 3 Ways Mobile Access to Real-Time Data Helps You Maintain Business Continuity appeared first on The Official AppFolio Blog.

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Property Management Software Property Management Property Manager Management 113

Authority Property Management

NOVEMBER 29, 2024

From automation to AI-driven tools, technology is reshaping every aspect of property management. In this blog post, we’ll explore the key technology trends that are transforming how properties are managed and what that means for the future of the industry.

Property Management 100

Property Management Property Manager Management Property 100

Appfolio

MAY 4, 2020

Property management businesses typically work like well-oiled machines — between showings, lease signings, maintenance, and renewals — there are many carefully coordinated tasks that must be completed every day, and each member of the team plays an important role in maintaining the business’ continuity.

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Property Management Property Manager Lease Management 179

RL Property Management

FEBRUARY 10, 2025

The Importance of Effective Lease Renewals Lease renewals are more than just necessary paperworktheyre an opportunity to solidify tenant relationships, maintain a stable income, and reduce turnover-related expenses. Understanding the Lease Renewal Process What is a Lease Renewal?

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Lease Landlord Property Management Property Manager 52

Buildium

FEBRUARY 10, 2025

Maintaining rental properties is a delicate balance between being proactive and staying flexible and responsive in the case of emergencies. This blog post is designed to help you answer that question by clearly laying out the challenges and best practices that go into successful rental property maintenance management.

Property Maintenance 130

Property Maintenance Maintenance Rental Property Management 130

MRI Software

SEPTEMBER 6, 2024

With so many rental agreements in play, understanding lease transitions is more important than ever. Whether you’re dealing with an old lease vs new lease, knowing how to navigate these transitions can save you time and avoid potential legal issues. What is the difference between old and new lease?

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Lease Lease Agreement Landlord Tenant 40

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. These seven tasks are ideal for property management automation, using state-of-the-art property management software that you can find at MRI Software.

Property Manager 52

Property Manager Property Management Property Management Software Management 52

MRI Software

DECEMBER 8, 2023

This will ensure that you are marketing your property to the right audience and ensuring you can satisfy and retain your existing tenants. In this blog, we explore the five most common types of multifamily renters. To attract these renters, property managers should place a strong emphasis on maintenance and security.

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Property Management Software Property Management Property Manager Single-Family Home 52

Florida Property Management

SEPTEMBER 11, 2023

The Power of Technology in Managing Rental Investment Properties Revolutionizing Property Management: The Power of Technology in Managing Rental Investment Properties Introduction The world of real estate investment has experienced a transformation in recent years, thanks to the rapid integration of technology into property management practices.

Property Management 52

Property Management Property Manager Management Property Management Software 52

MaidThis

JANUARY 27, 2025

You need to be prepared for a significant time commitment , especially if you plan on purchasing or leasing more properties. Managing several locations and schedules, cleaning said properties, communicating with guests, promoting on social media, and handling all the administrative tasks can be demanding to say the least.

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Airbnb Insurance Property Management Software Regulation 52

MRI Software

FEBRUARY 24, 2024

This package goes above the necessities of a rental property by offering additional perks that can impact tenant satisfaction and loyalty. In this blog, we look at why property managers and landlords should be offering benefits packages to tenants, as well as what you should include to ensure tenant satisfaction.

Tenant 52

Tenant Property Management Software Insurance Maintenance 52

MRI Software

DECEMBER 4, 2024

With the best asset management software for multifamily for reporting, you can automate data collection, track real-time performance, and ensure smoother operations across your properties. Investing in the right tool can also improve overall property management and streamline daily tasks.

Management 52

Management Property Management Software Property Management Property Manager 52

Authority Property Management

MAY 16, 2024

In this blog post, we'll provide you with essential updates and tips to optimize your rental property for summer success. Whether you manage a vacation rental, student housing, or a long-term lease, these tips will help you attract quality tenants, minimize maintenance issues, and ultimately, maximize your rental income.

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Property Management Software Rental Income Property Tenant 52

MRI Software

NOVEMBER 4, 2024

These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs. For multifamily property managers, having a strong understanding of occupancy costs is critical for maintaining profitability and efficient operations.

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Utilities Insurance Property Management Software Property Management 52

MRI Software

MARCH 22, 2025

In this guide, well explore proven marketing strategies for multifamily properties to help you attract tenants, boost occupancy, and maximize the success of your multifamily properties. Whether youre leasing up a new development or working to retain long-term residents, marketing plays a crucial role in keeping your units filled.

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Media Property Management Software Tenant Lease 52

Tokeet

AUGUST 12, 2024

Courses typically cover real estate principles, property laws, and ethics. National Apartment Leasing Professional (NALP) : Provided by the National Apartment Association (NAA). Focuses on leasing practices, marketing, and customer service. Passing the state exam is necessary to obtain the license.

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Property Management Property Manager Management License 52

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. Residential property management software is a powerful tool for attracting these ideal tenants.

Rental Property 52

Rental Property Residential Property Management Residential Property Management Property Management Software 52

MRI Software

AUGUST 3, 2024

Effective KPI monitoring provides valuable insights that enable property managers to make informed decisions, streamline processes, and ultimately, improve overall performance. This metric provides insight into a property’s operational efficiency and profitability, independent of financing and tax factors.

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Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 18, 2024

The challenge for landlords and property managers is determining when noise levels cross the line from acceptable to disruptive, and knowing how to effectively handle the complaints. This blog offers comprehensive guidance on how to deal with tenant noise complaints in multifamily properties.

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Tenant Lease Agreement Property Management Software Property Management 52

MRI Software

DECEMBER 9, 2023

Successfully managing tenant complaints ensures issues are resolved immediately and tenant relationships remain positive, bolstering the reputation of your property management. In this blog, we outline how to deal with multifamily tenant complaints.

Tenant 52

Tenant Property Management Software Property Management Property Manager 52

MRI Software

AUGUST 1, 2024

Choosing the right property management approach can significantly impact the success of your real estate investments. In this blog, we’ll explore the key differences between Active and Passive Property Management, helping you determine which method aligns best with your investment goals.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

MAY 10, 2024

Economic occupancy provides insights into the property’s income efficiency by comparing actual rent collected to potential maximum rent, enabling managers to optimize rental income and lease management strategies. What is physical occupancy? How to calculate physical occupancy?

Residential Property Management 52

Residential Property Management Residential Property Management Rental Income Residential Property 52

MRI Software

DECEMBER 6, 2023

It’s crucial to explore effective renewal incentives that can encourage your existing tenants to stay and renew their leases. In this blog post, we will explore a range of multifamily renewal incentives that multifamily property managers can offer tenants.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

DECEMBER 8, 2024

By analyzing the right metrics, you can confidently assess whether a property will generate the returns you need. In this blog, youll discover how to underwrite a multifamily property deal and analyze the steps involved. This streamlines property management and reduces human error.

Property 52

Property Property Management Software Single-Family Home Property Management 52

MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. In this blog, we will explore whether student housing fits into the multifamily category, examining its characteristics, differences, and investment potential.

Property Management 52

Property Management Property Manager Real Estate Landlord 52

MRI Software

DECEMBER 5, 2024

In this blog, well explore the main benefits of investing in affordable multifamily housing, such as stable income and tax incentives. Youre dealing with multiple tenants, which can mean more maintenance requests, more paperwork, and more lease renewals. This is where property management tools come in handy.

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Government Property Management Software Property Management Property Manager 52

Florida Property Management

SEPTEMBER 11, 2023

Elevating Property Management Services through Remote Work: A Blueprint for Success Introduction The world of property management has evolved significantly in recent years, and the rise of remote work has played a pivotal role in shaping this transformation.

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Property Management Services Property Manager Property Management Management 52

MRI Software

SEPTEMBER 11, 2024

are renters, with a significant portion residing in middle market properties. This blog will cover key strategies for investing in and managing these properties, ensuring you can maximize returns while maintaining tenant satisfaction. Plan for upgrades: Periodic renovations can keep your property competitive.

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Real Estate Transportation Tenant Apartment 52

MRI Software

DECEMBER 11, 2023

This fosters tenant satisfaction, leading to higher retention rates and a bolstered property management reputation. In this blog, we discuss seven effective ways to protect multifamily property. 7 Ways to protect your multifamily property A safe living environment is a fundamental factor in tenant satisfaction.

Property 52

Property Education Insurance Tenant 52

MRI Software

DECEMBER 8, 2024

Multifamily energy savings programs are designed to help property managers and owners lower energy bills while improving overall efficiency. In this blog, well explore how multifamily energy savings benefit property managers, owners, and tenants alike.

Property Management 52

Property Management Property Manager Tenant Management 52

MRI Software

SEPTEMBER 2, 2024

In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts potential residents but also significantly enhances property value.

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Apartment Media Residential Property Management Residential Property Management 52