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How to Choose the Best Property Management Software for Your Business

Fourandhalf

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. There’s a pre-sale function and a post-sale function.

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Can you rent out commercial property as residential? Key considerations for landlords

MRI Software

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?

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How many units qualify as a multifamily property?

MRI Software

When understanding how many units is considered multifamily, its important to know that smaller properties with two to four units, like duplexes and triplexes, are considered residential and can often be financed with traditional mortgages. Yes, the number of units affects financing and management strategies.

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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.

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Understanding the difference between a condo and a multifamily residence

MRI Software

Multifamily properties face stricter financing rules, particularly for commercial properties with five or more units. Residential multifamily homes qualify for traditional home loans, but commercial properties require higher down payments and have shorter loan terms.

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What is multifamily property?

MRI Software

Property managers with these properties in their portfolios will need to know how to navigate the unique challenges and rewards that come with managing homes for multiple families. What is a multifamily property? appeared first on MRI Software.

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What is Industrial Property Management and Why is it Important?

MRI Software

You’ll learn about the strategies and nuances of overseeing industrial properties effectively with industrial property management for optimal efficiency and success. What is industrial property management? Get a demo The post What is Industrial Property Management and Why is it Important?