Bay Property Management Group

NOVEMBER 19, 2024

In some areas, that demo can be quite large. As a landlord or owner, what are the considerations when renting to college students, lease agreement addendums and terms to consider, and general ramifications of renting to this group? Leases can vary and adding addendums or including certain terms is expected.

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Lease Agreement Lease Rent Property Management 147

MRI Software

FEBRUARY 12, 2025

From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. Residential management services focus on professionally overseeing rental properties to ease the landlords responsibilities. Managing rental properties can often feel like a full-time job.

Landlord 52

Landlord Residential Property Management Residential Property Management Residential Property 52

American Apartment Owners Association

NOVEMBER 11, 2024

The big question for landlords is no longer whether or not to use AI, but HOW to use it. At Revela, we are using AI to help landlords and property managers streamline their day-to-day operations and make smarter decisions. Schedule your demo now to get started. Curious about Revela?

Landlord 234

Landlord Property Management Property Manager Maintenance 234

MRI Software

MARCH 5, 2025

Landlords may face various liability risks, from tenant injuries to property damage claims. Without the right protection, landlords could encounter costly lawsuits and unexpected expenses that threaten their investment. This guide will cover what landlord liability insurance is, why its essential, and the key benefits it offers.

Insurance 52

Insurance Landlord Tenant Rental Property 52

MRI Software

FEBRUARY 27, 2025

Leases are designed to provide stability for both landlords and tenants, but unforeseen circumstances can sometimes force landlords to consider breaking the agreement. Understanding your rights and responsibilities during an early termination of the lease agreement by landlord is key to handling lease terminations effectively.

Lease 52

Lease Landlord Lease Agreement Tenant 52

MRI Software

MARCH 1, 2025

Early lease termination by tenants can leave landlords dealing with unexpected vacancies and financial losses. Knowing how to handle these situations efficiently helps landlords minimize financial risks and maintain a stable rental business. Can a lease be terminated early by a tenant?

Lease 52

Lease Landlord Lease Agreement Tenant 52

MRI Software

NOVEMBER 26, 2024

Corporate leases are becoming an increasingly popular option for landlords seeking stable and reliable tenants. For landlords and property managers, understanding corporate leases can help optimize rental strategies and reduce vacancy rates. We’ll also discuss the many benefits they offer to both landlords and businesses.

Residential Property 52

Residential Property Lease Property Management Property Manager 52

MRI Software

JULY 26, 2024

Many real estate tenants unknowingly overpay on their leases, a costly oversight that can erode business profitability. Here are 6 common ways commercial tenants end up overpaying on their leases: 1. A lease system can also enable the business to have more strategic lease renewal negotiations.

Lease 52

Lease Tenant Lease Agreement Landlord 52

American Apartment Owners Association

NOVEMBER 11, 2024

The big question for landlords is no longer whether or not to use AI, but HOW to use it. At Revela, we are using AI to help landlords and property managers streamline their day-to-day operations and make smarter decisions. Schedule your demo now to get started. Curious about Revela?

Landlord 130

Landlord Property Management Property Manager Maintenance 130

MRI Software

AUGUST 3, 2024

Every landlord and property manager strives for high renewal rates, but tenant non-renewals are an inevitable part of the business. This guide offers best practices for managing lease renewals and strategies for dealing with tenants who decide not to renew. This formal notice is sent to the tenant and outlines the terms of the renewal.

Lease 52

Lease Tenant Landlord Rent 52

MRI Software

FEBRUARY 5, 2025

These properties provide landlords and investors with opportunities to generate rental income while meeting a variety of housing needs. Whether youre a landlord, property manager, or real estate investor, this guide will help you navigate the essentials of multifamily properties with ease. What defines a multifamily property?

Property 52

Property Finance Rental Income Single-Family Home 52

MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. Below we will explain what a master lease agreement is, its key components, and how to get a master lease agreement for multifamily properties. What is a master lease agreement?

Lease Agreement 52

Lease Agreement Lease Real Estate Landlord 52

MRI Software

FEBRUARY 10, 2025

For landlords and property managers, effective residential leasing management is essential to reduce vacancies, attract quality tenants, and maintain a steady rental income. By focusing on areas like lease administration, maintenance, and communication, you can set your property up for long-term success.

Lease 52

Lease Property Management Property Manager Management 52

MRI Software

SEPTEMBER 10, 2024

Navigating the complexities of commercial real estate leases is essential for both property managers and tenants. In this article from MRI Software, we’ll explore the different types of commercial leases, providing valuable insights to help you navigate lease agreements with confidence. What defines a commercial lease?

Lease 52

Lease Insurance Landlord Retail 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.

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Lease Agreement Lease Landlord Compliance 52

MRI Software

SEPTEMBER 3, 2024

Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Understanding lease renewal fees is essential for maximizing your rental income and ensuring tenant satisfaction.

Lease 52

Lease Tenant Lease Agreement Broker 52

MRI Software

MARCH 25, 2025

Property managers are turning to AI leasing assistants to simplify operations, improve tenant experiences, and streamline lead management. As automation becomes more advanced, these tools are changing the way leasing teams interact with prospects and residents. What is multifamily leasing assistant?

Lease 52

Lease Property Management Property Manager Tenant 52

MRI Software

FEBRUARY 25, 2025

Without a solid asset management strategy, landlords risk losing revenue and facing operational challenges. Whether you’re a new landlord or an experienced investor, these insights will help you maximize your property’s potential. These metrics help landlords identify trends and make data-driven decisions.

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Landlord Management Property Management Software Property Management 52

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

FEBRUARY 4, 2025

By applying these multifamily leasing tips, you can stand out in a competitive market and make your property more appealing to prospective renters. This guide will provide practical multifamily leasing tips on effective strategies, leveraging technology, and creating a welcoming tenant experience.

Lease 52

Lease Tenant Property Management Software Property Management 52

MRI Software

DECEMBER 12, 2024

Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent. With this protection in place, landlords can focus on managing their investments without the constant worry of missed payments.

Rental Income 52

Rental Income Insurance Landlord Tenant 52

MRI Software

DECEMBER 2, 2024

If you’re managing or investing in multifamily properties, you’ve likely come across the term “loss to lease multifamily.” Loss to lease is the difference between the current market rent and the rent youre actually collecting from your tenants. What is loss to lease in multifamily real estate?

Lease 52

Lease Real Estate Rental Income Lease Agreement 52

MRI Software

MAY 22, 2024

Should you go with landlord insurance, or is a dwelling fire policy a better fit for what your property requires? In this guide, we’ll explore the differences between dwelling fire vs landlord insurance policies. What coverage is included in a landlord insurance policy? How much is a landlord insurance policy?

Insurance 52

Insurance Landlord Rental Income Rental Property 52

MRI Software

FEBRUARY 28, 2025

The multifamily housing market is evolving rapidly, bringing major changes that landlords need to prepare for in 2025. To stay competitive, landlords must stay informed and adapt to these evolving multifamily housing trends. Staying ahead of these trends will help landlords remain competitive and ensure long-term property success.

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Landlord Tenant Lease Real Estate 52

MRI Software

DECEMBER 15, 2024

Vacancies are an inevitable part of being a landlord. Unlike standard landlord insurance, it covers unique risks that arise when no one is around to maintain or monitor the property. This makes it essential for landlords dealing with tenant transitions, renovation delays, or long-term vacancies.

Residential Property 52

Residential Property Insurance Landlord Property 52

MRI Software

FEBRUARY 3, 2024

This is the scenario no landlord or property manager ever wants to encounter, yet it’s an essential aspect of multifamily property management to be prepared for. Landlord insurance offers a safety net for your rental properties, protecting you against the costs of unforeseen circumstances. What is landlord insurance?

Insurance 52

Insurance Landlord Broker Rental Income 52

MRI Software

FEBRUARY 12, 2025

With additional features such as online applications, renters insurance, and digital rent payments, MRI Software helps landlords create safer, more efficient communities while building trust with residents and staff.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In this blog, we’ll cover how loss of rental income insurance works, what it includes and excludes, and why every landlord should consider adding it to their coverage.

Rental Income 52

Rental Income Insurance Landlord Rent 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? This guide explores key considerations for landlords looking to make this transition, from legal requirements to practical adaptations and market demand analysis.

Commercial Property 52

Commercial Property Landlord Rent Residential Property Management 52

MRI Software

SEPTEMBER 4, 2024

Reducing maintenance costs is understandably a top priority for multifamily property landlords. Typical rental property maintenance costs breakdown for multifamily apartments Landlord maintenance costs include preventive maintenance, emergency repairs, and cosmetic upgrades. Planning and regular upkeep are important.

Maintenance 52

Maintenance Rental Property Landlord Property 52

MRI Software

MARCH 2, 2025

These properties offer landlords multiple income streams, making them a reliable way to build wealth and reduce financial risks. Well also provide valuable tips to help landlords maximize their investments and maintain successful properties. Making use of a multifamily management software for landlords makes this even simpler.

Landlord 40

Landlord Rental Property Single-Family Home Property 40

MRI Software

DECEMBER 12, 2024

Tenant default is a challenge many landlords and property managers face, often causing financial stress and operational disruptions. Whether its missed rent payments or a lease violation, understanding why tenants default and how to address these issues is key to protecting your rental business.

Tenant 52

Tenant Lease Agreement Insurance Property Management Software 52

MRI Software

SEPTEMBER 8, 2024

Understanding the distinctions and overlaps between student housing and multifamily properties is crucial for landlords and property managers. Differences include shorter lease terms aligned with academic calendars, pre-furnished units, and an emphasis on communal living. Is student housing considered multifamily?

Property Management 52

Property Management Property Manager Real Estate Landlord 52

MRI Software

SEPTEMBER 12, 2024

For multifamily property landlords and managers, this trend offers a great opportunity. Differences between a pet fee and a pet deposit An apartment pet fee is a one-time, non-refundable charge collected at the start of a lease. A pet deposit is a refundable amount collected at the beginning of the lease.

Apartment 52

Apartment Lease Agreement Lease Tenant 52

MRI Software

AUGUST 5, 2024

As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. For landlords and property managers, it includes advanced property management software, IoT-enabled security systems, and energy management tools to streamline operations and enhance property value.

Tenant 64

Tenant Property Management Software Residential Property Property Management 64

MRI Software

DECEMBER 16, 2024

Landlord residential insurance is your first line of defense against risks like tenant damage, property loss, and legal liabilities. In this guide, well break down everything you need to know about landlord insurance. What is landlord residential insurance? Why is it important to have landlord insurance?

Residential Property 52

Residential Property Insurance Property Landlord 52

MRI Software

OCTOBER 13, 2023

When applying for an apartment lease, applicants may provide a Credit Privacy Number (CPN). In this blog, we highlight what is a CPN apartment, how to apply for an apartment with a CPN, and the potential risks for landlords. Having a consistent and clean rental track record can reassure potential landlords, even when using a CPN.

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