MRI Software

MARCH 11, 2025

Commercial building maintenance is essential for ensuring the longevity and safety of a property. Regular upkeep not only prevents costly repairs but also improves energy efficiency, ensures compliance with regulations, and enhances the overall experience for occupants. What is Commercial Building Maintenance?

Maintenance 52

Maintenance Compliance Regulation Contractors 52

Yardi Breeze

FEBRUARY 12, 2025

Now, its made its way into the realm of document authentication and fraud detection in property management. Kyle Nelson, vice president of corporate strategy at Snappt, explained to us why his companys AI-driven document authentication technology matters when it comes to fraud detection software in property management.

Property Manager 100

Property Manager Property Management Management Property 100

MRI Software

AUGUST 2, 2024

When it comes to selecting the right tenant for a rental property, verifying income is a crucial step in ensuring a smooth and successful tenancy. By verifying income, property managers can reduce the risk of late payments, defaults, or evictions, which protects the property’s revenue stream and solidifies budgeting and forecasting.

Property Manager 52

Property Manager Property Management Management Property 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 Manager 52

Property Manager Property Management Management Property 52

MRI Software

AUGUST 3, 2024

In the competitive landscape of property management, tracking the right Key Performance Indicators (KPIs) is crucial for optimizing operational efficiency and enhancing tenant satisfaction. By monitoring these KPIs, property managers can gauge the success of their objectives, projects, and team performance over time.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

MARCH 4, 2025

Without an accurate way to measure individual usage, property owners often end up paying for tenants who use more than their fair share. It also encourages tenants to be more mindful of their water consumption, promoting sustainability within the property. Why consider submetering for your property? What is water submetering?

Property 52

Property Compliance Regulation Tenant 52

MRI Software

APRIL 25, 2024

Healthcare organizations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. Inaccurate data can lead to errors in financial reporting, compliance issues, and missed opportunities for cost savings.

Lease 52

Lease Compliance Lease Agreement Maintenance 52

MRI Software

AUGUST 5, 2024

Multifamily properties offer a significant opportunity for substantial energy savings , with the potential to reduce residential energy use by 17% and save $3 billion in utility costs across the US. What is energy management in multifamily properties? How does energy management differ in multifamily vs. single-family properties?

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

FEBRUARY 10, 2025

Managing tenant turnover can be one of the most challenging aspects of rental property management. For landlords and property managers, effective residential leasing management is essential to reduce vacancies, attract quality tenants, and maintain a steady rental income. What is residential leasing management?

Lease 52

Lease Property Manager Property Management Management 52

MRI Software

MARCH 3, 2024

Maintaining your multifamily property is about more than just keeping it looking good; it’s crucial for the property’s long-term success. For landlords and property managers, the challenge of managing maintenance tasks can be overwhelming. What is general property maintenance?

Property Maintenance 52

Property Maintenance Maintenance Property Tenant 52

MRI Software

DECEMBER 12, 2023

For investors, multifamily properties offer a profitable opportunity, however, they come with a unique set of challenges. From ensuring satisfaction for multiple tenants to tracking payments to handling emergency maintenance issues, managing these types of properties requires effort and expertise.

Property Manager 52

Property Manager Property Management Management Property Management Software 52

MRI Software

MARCH 15, 2024

Industrial properties form the backbone of numerous industries, serving as hubs for manufacturing, warehousing, distribution, and logistics operations. If you’re looking for ideas on navigating the industrial property space, this post is for you. What is industrial property management?

Industrial Property Management 52

Industrial Property Management Industrial Property Property Manager Property Management 52

MRI Software

JANUARY 2, 2024

Having fire extinguishers in your multifamily property can mean the difference between a minor inconvenience and a major disaster. But are fire extinguishers required in rental properties? In this guide, we explain the regulations around fire extinguishers in multifamily properties. Do rental properties need fire extinguishers?

Rental Property 52

Rental Property Property Insurance Compliance 52

MRI Software

AUGUST 2, 2024

By introducing a recycling program, you can bring the benefits of green leases to your multifamily property. In this guide, we will explore effective strategies for increasing recycling rates in apartments, condos, and other multifamily properties. This will help ensure your recycling for condos program stays effective and efficient.

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

SEPTEMBER 30, 2024

The world of multifamily property management can be challenging without understanding the responsibilities of a condo board vs property manager. households living in communities governed by condo associations, their efficiency directly impacts resident satisfaction and property value​. What is a property manager?

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

OCTOBER 23, 2023

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 Utilizing multifamily property management software with multifamily AI can significantly enhance the safety and security of your properties. What is Multifamily AI?

Property 52

Property Insurance Property Manager Property Management 52

MRI Software

DECEMBER 3, 2024

are rental properties? Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming.

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Manager 52

MRI Software

DECEMBER 4, 2023

Evicting a tenant from your multifamily property is a situation that no property manager hopes to face. Circumstances such as non-payment of rent, lease violations, and property damage can make tenant eviction necessary. This will help ensure compliance with legal procedures and that you are protecting the tenant’s rights.

Lease Agreement 52

Lease Agreement Property Tenant Lease 52

MRI Software

DECEMBER 9, 2024

Operating costs can hit your bottom line hard, making it harder to stay competitive or reinvest in your property. Knowing how to manage these costs effectively is essential for keeping your property profitable and tenants happy. Insurance: Both property and liability coverage. What are multifamily operating expenses?

Management 52

Management Property Utilities Insurance 52

MRI Software

FEBRUARY 21, 2024

Year-end close is a critical process for any business, but it can be especially challenging for real estate and property management accountants. The reality for most real estate and property management organizations involves grappling with a multitude of data sources.

Real Estate 52

Real Estate Property Manager Property Management Management 52

MRI Software

DECEMBER 10, 2024

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? Whether youre wondering if converting commercial property to residential use is possible, or simply looking for tips on how to get started, this guide has you covered.

Commercial Property 52

Commercial Property Landlord Rent Residential Property Management 52

MRI Software

APRIL 19, 2024

Location, market conditions, property management, and operating costs all play important roles. These include location, market conditions, and effective property management. Operating expenses can include property management fees, maintenance, insurance, and property taxes. How to reduce risks and increase returns.

Apartment 52

Apartment Single-Family Home Rental Income Compliance 52

MRI Software

DECEMBER 13, 2023

Reduced lease standard compliance risk Lease management software ensures lease standard compliance by incorporating specific features and functionalities aligned with accounting standards like ASC 842 and IFRS 16. Lease management software generates standardized financial reports, ensuring compliance with prescribed accounting guidelines.

Lease 52

Lease Management Lease Agreement Property 52

MRI Software

DECEMBER 6, 2023

Why is property management automation so crucial to the efficient running of a real estate organization? It’s because there is so much that goes into the proper management of an investment property, that property managers are going to be stretched thin without a robust real estate CRM automating key parts of the process.

Property Manager 52

Property Manager Property Management Property Management Software Management 52

MRI Software

OCTOBER 1, 2024

Facilities management plays a critical role in the hospitality industry, ensuring that properties run smoothly, guests are satisfied, and operations remain cost-effective. Get a software demo Facilities Management Software Leading solutions for property occupiers, owners and service providers & contractors.

Management 52

Management Compliance Regulation Maintenance 52

MRI Software

SEPTEMBER 27, 2024

Underwriting in real estate for multifamily investment properties involves evaluating the risk and potential return of an investment. It ensures that a property will generate enough income to justify the investment. This involves an analysis of financial documents, market conditions, and specific property factors.

Real Estate 52

Real Estate Property Tenant Lease 52

MRI Software

FEBRUARY 11, 2025

Facility condition assessments (FCA) are the secret weapon for property managers and landlords, offering a proactive way to maintain properties, prioritize repairs, and extend the lifespan of critical assets. Think of it as your propertys roadmap to long-term health and efficiency.

Compliance 52

Compliance Maintenance Utilities Property Manager 52

MRI Software

MAY 14, 2024

In this post, we explore the pivotal role of hard services in facilities management, a key component in maintaining the infrastructure and operational integrity of properties. Safety and compliance: Hard services like fire safety systems keep your facility compliant with safety regulations, protecting occupants and assets.

Management 52

Management Regulation Maintenance Compliance 52

MRI Software

MARCH 1, 2024

Routine maintenance of your multifamily property is essential for preserving its value and ensuring tenant satisfaction. Multifamily property maintenance comes with a host of responsibilities, from the routine cleaning of communal areas to the safety-critical testing of fire alarms.

Property Maintenance 52

Property Maintenance Maintenance Property Tenant 52

MRI Software

MARCH 1, 2025

Lease agreements are a fundamental aspect of managing rental properties, helping to establish clear terms and protect both landlords and tenants. Whether you’re an experienced property owner or new to renting, choosing the right lease agreement is essential for maintaining a smooth and profitable rental operation.

Lease Agreement 52

Lease Agreement Lease Landlord Compliance 52

MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. Lets explore the essential elements of these lease agreements.

Lease Agreement 52

Lease Agreement Lease Real Estate Landlord 52

MRI Software

APRIL 25, 2024

In the highly competitive world of property management, staying on top of your portfolio is the key to success. Get a software demo Lease Accounting Software Comprehensive, integrated lease accounting software for every type of asset. Ensuring compliance with lease accounting standards to avoid any regulatory issues.

Lease 52

Lease Management Compliance Finance 52

MRI Software

FEBRUARY 27, 2025

Whether you’re facing tenant issues, property sales, or personal circumstances, well help you to better understand this situation and protect your rental business. Marketing the property again, screening new tenants, and covering ongoing expenses can add to the burden.

Lease 52

Lease Landlord Lease Agreement Tenant 52

MRI Software

FEBRUARY 15, 2025

Code compliance: Ensures adherence to local, state, and federal regulations. Compliance: Meet local safety regulations and avoid penalties. Define objectives: Outline specific goals such as identifying compliance gaps or projecting lifecycle costs. Mechanical systems: HVAC systems, plumbing, and fire safety equipment.

Compliance 52

Compliance Maintenance Regulation Contractors 52

MRI Software

FEBRUARY 13, 2025

Ensuring compliance: Staying up to date with healthcare regulations and maintaining safety standards. Navigating regulatory changes: Keeping up with evolving healthcare laws and ensuring compliance at all times. It automates repetitive tasks like maintenance schedules, tracks inventory and even monitors compliance requirements.

Management 52

Management Compliance Maintenance Contractors 52

MRI Software

DECEMBER 4, 2024

As demand for higher-density housing continues to grow, property managers and investors need to understand the basics of zoning for multifamily developments to make informed decisions. In this guide, well explore what is zoning for multifamily, why it matters, and how it impacts property development and investment opportunities.

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Regulation Government Residential Property Applications 52

MRI Software

SEPTEMBER 1, 2024

Multifamily renovations are a powerful tool for increasing property value, attracting quality tenants, and boosting rental income. This guide explores the most effective renovations, providing insights and practical tips to help you maximize your ROI and ensure your property remains profitable.

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Apartment Property Management Software Finance Rental Income 52