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What is multifamily property management and what are the benefits?

MRI Software

The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units. Their role is to ensure that the screening is thorough, fair, and complies with all relevant housing laws and regulations. appeared first on MRI Software.

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Understanding the difference between a condo and a multifamily residence

MRI Software

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Properties with up to four units are classified as residential, while those with five or more units are considered commercial, which impacts financing and tax regulations. What is a condo and how does it work?

Finance 52
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How to get land zoned for multifamily

MRI Software

You’ll learn about zoning regulations, the step-by-step rezoning process, and how to build a strong case for approval. They regulate key factors such as building density, height limitations, and property usage to ensure urban development aligns with long-term community planning goals.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

IT 52